Investing capital requires that ability to save, for the world population they have their time and effort to invest mostly.
I like the graph showing a drop in 37% to 9% for living on 2 dollars but it should also be set alongside the graph for how much that 2 dollars is worth. We more then halved the worth from 1990 to 2019, I'd estimate its roughly one third the worth now for the same nominal value.
So for comparisons sake they should be comparing maybe 6 dollars now to 2 dollars from 1990 but the losses to inflation will vary around the world, currencies and costs will vary alot; arguably people have benefits from technology now which helps to mitigate some of the lost value in their income.
Topic: Surviving in this economy needs a new minds set - page 4. (Read 1281 times)
Getting a job is a better idea. Investing in Bitcoin, Altcoins, etc isn’t bad but maybe you need to look for a job that can provide enough money to take care of yourself and needs. You can find a way to even save some money and look forward to having your own personal business. That’s the best “new mindset” you can have.
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This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
Investing in crypto currencies like Bitcoin is not a bad idea at all
Saving isn't what we should be thinking about in this days of inflation but what we need is investing into different assets through diversification. I'm not talking about investing into different cryptocurrency as this are still assets that are correlated and have a similar price movement because when Bitcoin increase altcoins follows and vice versa. Diversification is what is needed with this current economy and when you diversify you have a better chance of not being worried about your finances because at most times you'll be making profits while others are losing money due to inflation.
Investing in Bitcoin should be among the top choices became this is the fastest growing industry and have a high possibility of making you better gains on your investments. Saving wouldn't makes you money especially when you aren't saving to be used for an investment in the future but only saving to spend later on liabilities. Saving in this economy is a suicide mission, there are no more stories of savers becoming wealthy because inflation will not allow that to be possible but investors are always those that benefits more when they get their profits.
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Government has one advantage that none of us have, they can find money when they need to and they do not need to worry about anything else. You can't print more money if you end up in debt, you can't tax others more and get their money if you need money, you just need to realize that we are talking about a situation that won't be all that simple, and in the end you are going to make some mistake if you are not careful. That is exactly what this means, you should be able to actually consider how you could make some money from this situation.I personally believe that the best way to go with this would be just realizing that you are not going to make that much profit if you just keep thinking like a government because they have more ways than us.
For me best investment is bitcoin if we want to survive in future otherwise things can go worst for us with this has never been easy to survive as we are having life in last few years specially few countries are suffering badly and life is going worst for the peoples those are having no extra source of income.
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Government has one advantage that none of us have, they can find money when they need to and they do not need to worry about anything else. You can't print more money if you end up in debt, you can't tax others more and get their money if you need money, you just need to realize that we are talking about a situation that won't be all that simple, and in the end you are going to make some mistake if you are not careful. That is exactly what this means, you should be able to actually consider how you could make some money from this situation.I personally believe that the best way to go with this would be just realizing that you are not going to make that much profit if you just keep thinking like a government because they have more ways than us.
Since inflation is one of the biggest problems we here, Which majorly causes the price Increase we experience, There are are couple of actions to take in order to escape this, Because the moment things start to change, precisely change with the economic situation, we need to reset our minds and think of better a way of navigating this economic hard situation of out time ,and good enough we are opportuned to have Bitcoin as an investment opportunity of our life time, which we can leverage from and hedge against inflation, furthermore, we should also have other streams of income if we want to escape this ravaging economic situation on the ground.
At this point of time one needs to stay positive because with the wrong mindset it is impossible fight against inflation. Having the mindset on how money can be generated is just a way that inflation can be combat. When their is inflation their is nothing you can do but when thier is multiple stream of income I don't think it will be a problem and this is how your finances can have good value over inflation . In inflation one should also think of a good store of value like bitcoin to invest to keep money relevant, because when their is no good store of value it can drain financially.
Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
Consciously, we are always required by circumstances to continue learning so that we can adapt to various kinds of changes, especially in responding to changes in the country economy, which can potentially affect our personal income. In reality, there will always be challenges, and whether we want to or not, we have to face them wisely and intelligently, in this case inflation is in the first place as our common enemy. Once again, whether we like it or not, we have to try to learn to find additional income, to cover our needs, so that our standard of living does not fall due to the impact of inflation.Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
Apart from that, at the same time we must also be able to look for alternative investments, which can give us profits greater than the inflation rate itself. In this case, investing in Bitcoin or other coins is considered a good solution, of course everyone has their own perspective in seeing an opportunity. That's just to survive in an unstable economy, not to mention if we have the ambition to reach the point of financial freedom, I think we must always learn from time to time so as not to be defeated by circumstances.
Somehow it's like the adoption of crypto already since more people prefer to have crypto despite some of them investing in memecoins. I'm sure those who invest in memecoins know also BTC, they are however persuaded to memecoins.
Banks are filling these days, I think they should get their money out also in banks before they will decide to give them some stocks/shares in exchange of their cash, this is happening already.
Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
Consciously, we are always required by circumstances to continue learning so that we can adapt to various kinds of changes, especially in responding to changes in the country economy, which can potentially affect our personal income. In reality, there will always be challenges, and whether we want to or not, we have to face them wisely and intelligently, in this case inflation is in the first place as our common enemy. Once again, whether we like it or not, we have to try to learn to find additional income, to cover our needs, so that our standard of living does not fall due to the impact of inflation.Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
Apart from that, at the same time we must also be able to look for alternative investments, which can give us profits greater than the inflation rate itself. In this case, investing in Bitcoin or other coins is considered a good solution, of course everyone has their own perspective in seeing an opportunity. That's just to survive in an unstable economy, not to mention if we have the ambition to reach the point of financial freedom, I think we must always learn from time to time so as not to be defeated by circumstances.
Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
Responding to this economic situation, we are required to be more creative in creating additional income. It doesn't always depend on what is the main source of income, that's why there are many people out there who look for extra after work, sacrificing rest time to get the guarantee that if layoffs occur at the office, they still have something to fight for. Don't always just invest in Bitcoin and crypto because this mindset applies to all levels of society who see every day how current income does not meet basic needs. Prices continue to be eroded by inflation, demand for goods is also complicated because suppliers usually prefer to store them in warehouses to wait for price spikes. We as consumers clearly cannot be separated from our needs. You may see the positive side of investing in Bitcoin and crypto, but the fact is that they all come with their own risks. Nobody gets rich in a hurry. No matter what type of investment or business, when facing a bearish market, you must always have a strong mentality and cold funds to survive. Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
Of course, it is very difficult to survive in turbulent economic conditions, especially for some people who work as laborers. If they don't have work in a day, of course they won't be able to earn income to meet their needs and this of course makes them must be able to save money when earning income from their work, looking for several sources of income is not easy if we do not have skills that we can do so that it gives us additional income, so it is important for us to be able to have a skill that can give us additional income so that we can face difficult economic situation.
It is not surprising that many families have debt because it may be difficult to earn income while their daily needs must always be met, so they are forced to borrow money to continue their lives. Even those who already work as laborers sometimes still experience deficiencies in meeting their daily needs. in my environment there are many people who work in factories as employees, in fact I think they are permanent employees of the factory, because many of them have just started work but they have the courage to take a new motorbike by paying for it in installments, that's what makes me think they live just to go to the factory, even holidays are difficult if it's not just Sundays.I agree with what you say, earning an income is not an easy matter, even though some people are able to generate an income, it doesn't mean they don't have problems, but there are problems such as paying off debts or other things. The advice you say is good for having extra income, but not everyone can do it.
Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
Almost every year the community becomes victims of the government's sweet promises which always say it wants to improve the welfare of the community with an ever-increasing annual budget allocation. But what happened after that, the community's economy was still squeezed, the inflation rate was getting worse, the unemployment rate was increasing which led to increasing poverty. Stop placing your hopes on the government, start implementing your own plans with a positive mindset to create your own financial resources.Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
There are many ways you can overcome this problem, as long as you have confidence in your own abilities, you can stand independently without expecting help from the government. Start creating your own job by utilizing the skills you have mastered, no matter how small the business you start, you are the boss. If you understand crypto, it is very easy for you to develop funds from business profits. Investing in Bitcoin can help overcome your financial problems when the country's economic conditions are not conducive.
That is the sad truth, that if the program of the government of each country is sloppy, the number one thing that will really be affected is the people who are actually under them.
So the only good thing for citizens to do is to be strategic in life, so the rest is what kind of sideline income they are doing so that they can survive their families.. as long as you are capable for sure you will survive at any circumstances.
Surviving in the current volatile economic environment has become a challenging issue for the lower and middle classes. In such a situation to keep pace with the current economy, it has become very important for us to engage ourselves in extra work or some business. Moreover, living with this rising market value is full of misery because our work does not increase in value with this increased market value. So we have to accept or set up our mind that we have to increase our efforts to keep up with the current lifestyle.
Of course, it is very difficult to survive in turbulent economic conditions, especially for some people who work as laborers. If they don't have work in a day, of course they won't be able to earn income to meet their needs and this of course makes them must be able to save money when earning income from their work, looking for several sources of income is not easy if we do not have skills that we can do so that it gives us additional income, so it is important for us to be able to have a skill that can give us additional income so that we can face difficult economic situation. 
~~~
Surviving in the current volatile economic environment has become a challenging issue for the lower and middle classes. In such a situation to keep pace with the current economy, it has become very important for us to engage ourselves in extra work or some business. Moreover, living with this rising market value is full of misery because our work does not increase in value with this increased market value. So we have to accept or set up our mind that we have to increase our efforts to keep up with the current lifestyle.And in bad economic conditions we are required to be smart, creative and independent in order to still be able to meet all our important needs, and one of the best options is for us to have a job or additional income. And if our income is more, we should invest, because investment is very important for the life we live and also in the future.
~~~
Surviving in the current volatile economic environment has become a challenging issue for the lower and middle classes. In such a situation to keep pace with the current economy, it has become very important for us to engage ourselves in extra work or some business. Moreover, living with this rising market value is full of misery because our work does not increase in value with this increased market value. So we have to accept or set up our mind that we have to increase our efforts to keep up with the current lifestyle.And in bad economic conditions we are required to be smart, creative and independent in order to still be able to meet all our important needs, and one of the best options is for us to have a job or additional income. And if our income is more, we should invest, because investment is very important for the life we live and also in the future.
Since inflation is one of the biggest problems we here, Which majorly causes the price Increase we experience, There are are couple of actions to take in order to escape this, Because the moment things start to change, precisely change with the economic situation, we need to reset our minds and think of better a way of navigating this economic hard situation of out time ,and good enough we are opportuned to have Bitcoin as an investment opportunity of our life time, which we can leverage from and hedge against inflation, furthermore, we should also have other streams of income if we want to escape this ravaging economic situation on the ground.
At this point of time one needs to stay positive because with the wrong mindset it is impossible fight against inflation. Having the mindset on how money can be generated is just a way that inflation can be combat. When their is inflation their is nothing you can do but when thier is multiple stream of income I don't think it will be a problem and this is how your finances can have good value over inflation . In inflation one should also think of a good store of value like bitcoin to invest to keep money relevant, because when their is no good store of value it can drain financially. 
~~~
Surviving in the current volatile economic environment has become a challenging issue for the lower and middle classes. In such a situation to keep pace with the current economy, it has become very important for us to engage ourselves in extra work or some business. Moreover, living with this rising market value is full of misery because our work does not increase in value with this increased market value. So we have to accept or set up our mind that we have to increase our efforts to keep up with the current lifestyle.
If the economy is not good for the poor then investing in cryptocurrency can't solve the problem because you won't use bitcoin to buy what you want to eat or wear and you must change it or sell it to Fiat currency before spending it therefore you will still meet the inflation and follow the suffer with the poor. Therefore the best way is for the government to control the inflation and reduce the price of things in their countries.
In addition one thing that causes the inflation of goods and services is the USD or the American dollar because ones the dollar rise all the importation goods prices would follow up and things becomes rise in the country. So if the government can control the inflation then things might be better again in the world. In most times those things listed in the budget are not even realistic or it is for embezzlement.
In addition one thing that causes the inflation of goods and services is the USD or the American dollar because ones the dollar rise all the importation goods prices would follow up and things becomes rise in the country. So if the government can control the inflation then things might be better again in the world. In most times those things listed in the budget are not even realistic or it is for embezzlement.
Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
Since inflation is one of the biggest problems we here, Which majorly causes the price Increase we experience, There are are couple of actions to take in order to escape this, Because the moment things start to change, precisely change with the economic situation, we need to reset our minds and think of better a way of navigating this economic hard situation of out time ,and good enough we are opportuned to have Bitcoin as an investment opportunity of our life time, which we can leverage from and hedge against inflation, furthermore, we should also have other streams of income if we want to escape this ravaging economic situation on the ground. Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
In as much as this is based on economic matters, I have this feeling you may be in the wrong board. But anyways, you're right on the fact that situations ( take note that it isn't as severe globally) are getting way worse day after day. And one really has to think outside the box in order to survive. No one cares about you, especially not the government, but yourself alone cares about. So, do what's best for you and redeem yourself from whatever bad economy your country is facing.
Remember bad economy is where great minds are discovered. Something that amazes me about an inflated country is that it may be difficult to gather capital for business, but do you know that once you're able to produce a valuable product/ service and market it, you'll gain in an inflated economy more than a good one? Inflation is bad for the middle-class and lower-class people, not for the upper class and businessmen. So, put in the work, and prayers and do what you ought to do now.
Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
Almost every year the community becomes victims of the government's sweet promises which always say it wants to improve the welfare of the community with an ever-increasing annual budget allocation. But what happened after that, the community's economy was still squeezed, the inflation rate was getting worse, the unemployment rate was increasing which led to increasing poverty. Stop placing your hopes on the government, start implementing your own plans with a positive mindset to create your own financial resources.Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
There are many ways you can overcome this problem, as long as you have confidence in your own abilities, you can stand independently without expecting help from the government. Start creating your own job by utilizing the skills you have mastered, no matter how small the business you start, you are the boss. If you understand crypto, it is very easy for you to develop funds from business profits. Investing in Bitcoin can help overcome your financial problems when the country's economic conditions are not conducive.
I agree, that's why some of us has lost their trust in any government candidates because they are no different from those who were elected in the past, they are all good and hardworking in the beginning but when they get to the middle, they do stupid things and steal the people's money. How will our economy develop if the country itself is drowning in debt caused by the former presidents of the country, who will suffer? of course the people who are at the bottom, it will take decades before the country becomes debt free so change is impossible, the last time i heard that word, nothing happened, promises were not fulfilled.
We need to realize that governments are just people, and that greed, jealousy, and selfishness all exist in each of us, those instincts are an indispensable part of being human. So don't be surprised that when they become rich or powerful, their nature will change. We can criticize them, curse them but I believe that if you or I become president or government, we will also become greedy and selfish like them. There is no guarantee that we would be different from them if we sat in their position.
So let's stop believing in what they promise us and instead find ways to save ourselves with our own abilities. Don't criticize or curse because no one cares about what we say. I tend to spend time finding solutions rather than spending time bad-mouthing the government, because they will never listen or even care what we say about them.
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