Surviving in this economy needs a new minds set - page 5.

electronicash

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Quote from: eightdots on June 06, 2024, 01:39:52 AM

Quote from: Strongkored on June 05, 2024, 01:25:35 AM

Quote from: TEBTC on April 28, 2024, 04:57:25 PM

Investing in crypto currencies like Bitcoin is not a bad idea at all

Investing in Bitcoin is not a bad idea, but it is only suitable for those whose economy is stable and who have good knowledge about Bitcoin because this is not a way to get rich quickly as many people think.
Investing in Bitcoin will be very profitable for those who are patient enough to save it yearly and they should already have income that can meet their living needs so they will not be in a rush to sell it or have to sell because of urgent needs which allows them to sell at a loss, so investing in Bitcoin is no different far from investing in gold, property and stocks which will only provide profits if you can patiently save them for a long time.

Bitcoin is not an investment type for those looking for a way to get rich quickly. Investing in Bitcoin requires both knowledge and sound psychology. There are many different events and price fluctuations in the market. Good psychology is necessary to protect and maintain investment against such situations.

Everyone wants to make money, but they don't take a step to do the things needed to make money. In today's world where knowledge is considered power, we must learn everything we can about Bitcoin and the market and make our investments within the limits of our knowledge.

Those who invest in Bitcoin must have income to avoid cashing out their investments in an emergency. In fact, this is a must-have situation in every investment. Investments should not force us to meet our daily needs and should be in a certain amount.

they all have backup plans or Bitcoin is probably a backup plan for them. before they even get to know BTC, they are working somewhere and maybe they have an idea already where to get some money incase something comes up.

everybody does have a plan. a friend i talked to just a few days ago also has some BTC but he right now is still working in a company. since this company is also on the brink of laying off, his backup plan is to set up a barbershop at home. this bad economy isn't happening overnight that's why many people also found a way to have a backup plan and not just selling the BTC as their 2nd option.

eightdots

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Quote from: Strongkored on June 05, 2024, 01:25:35 AM

Quote from: TEBTC on April 28, 2024, 04:57:25 PM

Investing in crypto currencies like Bitcoin is not a bad idea at all

Investing in Bitcoin is not a bad idea, but it is only suitable for those whose economy is stable and who have good knowledge about Bitcoin because this is not a way to get rich quickly as many people think.
Investing in Bitcoin will be very profitable for those who are patient enough to save it yearly and they should already have income that can meet their living needs so they will not be in a rush to sell it or have to sell because of urgent needs which allows them to sell at a loss, so investing in Bitcoin is no different far from investing in gold, property and stocks which will only provide profits if you can patiently save them for a long time.

Bitcoin is not an investment type for those looking for a way to get rich quickly. Investing in Bitcoin requires both knowledge and sound psychology. There are many different events and price fluctuations in the market. Good psychology is necessary to protect and maintain investment against such situations.

Everyone wants to make money, but they don't take a step to do the things needed to make money. In today's world where knowledge is considered power, we must learn everything we can about Bitcoin and the market and make our investments within the limits of our knowledge.

Those who invest in Bitcoin must have income to avoid cashing out their investments in an emergency. In fact, this is a must-have situation in every investment. Investments should not force us to meet our daily needs and should be in a certain amount.

Marvell1

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Quote from: DubemIfedigbo001 on June 05, 2024, 12:03:54 AM

Quote from: Marvell1 on April 29, 2024, 09:31:49 AM

But besides investing in bitcoin, do you have any other ideas you want to share with everyone? Because we are on the bitcoin forum and everyone has invested in bitcoin and this is not a new mindset or idea.

In addition, you need to work, do business and save to have money to invest in bitcoin. You cannot invest in bitcoin while unemployed or your income cannot even support your daily life.

You're right, Investing In bitcoin isn't the escape route from bad economical influence. You need a way to fix up your finances before thinking of investing in bitcoin, lest you run the risk of preying on your investments.

Having a skill is very important, its your obedient servant that follows you everywhere and respond to your call every time you need it. If you must continue monetizing your skills, then you must continue updating it so it doesn't go obsolete. Having another consistent source of income is synonymous to having a successful bitcoin accumulation journey.

Bitcoin is really a potential investment these days, investing in it can really help us escape the difficulties that the economy brings. But to invest in bitcoin, the first thing we need is a job with a good source of income, a savings for emergencies...we cannot invest in bitcoin and just rely on it to become rich without having to do anything else.

Bitcoin, like other investments, has the potential to bring profits but we will also face risks. OP or anyone who relies solely on bitcoin investments and refuses to work, have they ever thought about the scenario if their investments lose money for some reason and what will they do if they rely solely on bitcoin?

Epaper

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In my opinion, to survive in the current economic situation, which is uncertain, sometimes you need to think creatively and maybe investing in cryptocurrency is a good step. Moreover, many people have been successful when investing in cryptocurrencies.

Strongkored

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Quote from: TEBTC on April 28, 2024, 04:57:25 PM

Investing in crypto currencies like Bitcoin is not a bad idea at all

Investing in Bitcoin is not a bad idea, but it is only suitable for those whose economy is stable and who have good knowledge about Bitcoin because this is not a way to get rich quickly as many people think.
Investing in Bitcoin will be very profitable for those who are patient enough to save it yearly and they should already have income that can meet their living needs so they will not be in a rush to sell it or have to sell because of urgent needs which allows them to sell at a loss, so investing in Bitcoin is no different far from investing in gold, property and stocks which will only provide profits if you can patiently save them for a long time.

DubemIfedigbo001

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Quote from: Marvell1 on April 29, 2024, 09:31:49 AM

But besides investing in bitcoin, do you have any other ideas you want to share with everyone? Because we are on the bitcoin forum and everyone has invested in bitcoin and this is not a new mindset or idea.

In addition, you need to work, do business and save to have money to invest in bitcoin. You cannot invest in bitcoin while unemployed or your income cannot even support your daily life.

You're right, Investing In bitcoin isn't the escape route from bad economical influence. You need a way to fix up your finances before thinking of investing in bitcoin, lest you run the risk of preying on your investments.

Having a skill is very important, its your obedient servant that follows you everywhere and respond to your call every time you need it. If you must continue monetizing your skills, then you must continue updating it so it doesn't go obsolete. Having another consistent source of income is synonymous to having a successful bitcoin accumulation journey.

Xampeuu

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Quote from: rhodelmabanal on June 04, 2024, 05:46:47 AM

Quote from: TEBTC on April 28, 2024, 04:57:25 PM

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

i think new mind set can do nothing with the high inflation, even if we have a new mind set it can only change our financial status but not the inflation rate, new minds set comes with new strategy to earn more profit to pay daily expenses so it also help but not so big help, the solution of the high inflation is not totally depend on us,it is in the hands of the government they can reduce spending and increase the taxes as a way to help reduce inflation.

This has also happened in my country where the government increases taxes, and tax people seem to be looking for loopholes to be able to collect taxes, and this actually has a bad impact on small business actors, where they have to compete and pay tax obligations, in the end they are unable to , and life gets harder. This will result in an increasingly high crime rate, because they are pressured by the necessities of life, especially at this time coupled with a lifestyle.

MissNonFall9

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Quote from: reagansimms on June 03, 2024, 12:07:31 AM

The worsening economic situation can be prevented by changing your mindset from hard work to smart work. You must increase your productivity by taking advantage of every opportunity that is viral or in high demand among the public. Working Smart will make it easier for you to balance or overcome current economic problems, you also need to look for several main sources of income to increase the amount of income. Of course everyone will say that investing in Bitcoin is not a bad idea, but you must have knowledge about all the ways to invest, including how to maintain wallet security to prevent all risks.

It is very effective what you call 'smart work'. It is undoubtedly very important and an effective way to succeed is to work smarter than hard. This will reduce our labor and cost. But to do smart work a person must be skilled and have a lot of knowledge about work. Also we need to have enough understanding of the problem so that it is easy for us to solve that problem in any situation.

rhodelmabanal

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Quote from: TEBTC on April 28, 2024, 04:57:25 PM

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

i think new mind set can do nothing with the high inflation, even if we have a new mind set it can only change our financial status but not the inflation rate, new minds set comes with new strategy to earn more profit to pay daily expenses so it also help but not so big help, the solution of the high inflation is not totally depend on us,it is in the hands of the government they can reduce spending and increase the taxes as a way to help reduce inflation.

viananda2525

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Quote from: iamsange on June 03, 2024, 11:19:25 PM

In today's money-making world, we can't stay on one side. We are required to have a strategy that can develop us to have good money and finances, because currently we are facing a recession, so having enough money will not leave us with nothing save money, but if we follow developments in today's digital world we will be able to do trendy things to follow in order to make money.

In this case, in an era like this, we have to look for many ways or strategies to generate good finances for ourselves and of course our families.

In the midst of increasingly worsening economic pressures, sometimes some people have to bow their heads without being able to do anything else. The difficulty of finding work means that savings run out so that life becomes very difficult. These people just need a little help to get their minds motivated again to do new things. The rapid development of technology can be utilized to earn income as you mentioned.

iamsange

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Quote from: Velemir Sava on June 03, 2024, 03:03:13 AM

Quote from: reagansimms on June 03, 2024, 12:07:31 AM

The worsening economic situation can be prevented by changing your mindset from hard work to smart work. You must increase your productivity by taking advantage of every opportunity that is viral or in high demand among the public. Working Smart will make it easier for you to balance or overcome current economic problems, you also need to look for several main sources of income to increase the amount of income. Of course everyone will say that investing in Bitcoin is not a bad idea, but you must have knowledge about all the ways to invest, including how to maintain wallet security to prevent all risks.

Economic problems are currently the main issue and at least how to survive. What you said above is quite relevant and of course in the current moment we must have and are required to try harder to be able to make extra money and we are also creative and work hard, but this can usually be done by people who are only able to read opportunities. However, currently the ability to think is greater in society it is not the same and varies so that some people have to choose to do physical work only, for example working as a construction worker or other services.

In today's money-making world, we can't stay on one side. We are required to have a strategy that can develop us to have good money and finances, because currently we are facing a recession, so having enough money will not leave us with nothing save money, but if we follow developments in today's digital world we will be able to do trendy things to follow in order to make money.

In this case, in an era like this, we have to look for many ways or strategies to generate good finances for ourselves and of course our families.

DYOR+BTC

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It is obvious today that the economy system is not favourable to majority of our country today. Cost of living keep increasing everyday by day. Different countries keep experiencing different levels of poverty and hunger everyday and it is obvious that our leaders have given a deaf ears over this problem. It is high time that everyone need a new mind set to survive in this economy. At this moment we don't need to depend on our government to survive or before we can earn a living. At least internet have made things so easy for us that we can work from home with our PC or Android phone. As we can see, crypto is taking over the world economy. There are so many crypto currency out there we can invest on like Bitcoin and others to survive in this economy. So many millionaires today made it through crypto. Apart from that, there are so many how also made it from gambling and lots more that the government have no hand on. Apart from this few mentioned, please let us think of other new mind set that can help us to survive and not dying in hunger why we are waiting for the government.

adiksau0414

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To survive the turbulent economic environment, diversify your investments and keep up with market developments.

In addition, looking for alternate sources of income during uncertain times can be beneficial. Some examples include freelancing, launching a side business, and real estate investing. Even though the government's budget might offer some promise for change, people must ultimately take charge of their financial future and look for creative ways to prosper in the current economic climate. Purchasing cryptocurrency could be one such way to

Velemir Sava

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Quote from: reagansimms on June 03, 2024, 12:07:31 AM

The worsening economic situation can be prevented by changing your mindset from hard work to smart work. You must increase your productivity by taking advantage of every opportunity that is viral or in high demand among the public. Working Smart will make it easier for you to balance or overcome current economic problems, you also need to look for several main sources of income to increase the amount of income. Of course everyone will say that investing in Bitcoin is not a bad idea, but you must have knowledge about all the ways to invest, including how to maintain wallet security to prevent all risks.

Economic problems are currently the main issue and at least how to survive. What you said above is quite relevant and of course in the current moment we must have and are required to try harder to be able to make extra money and we are also creative and work hard, but this can usually be done by people who are only able to read opportunities. However, currently the ability to think is greater in society it is not the same and varies so that some people have to choose to do physical work only, for example working as a construction worker or other services.

pusaka

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Quote from: reagansimms on June 03, 2024, 12:07:31 AM

The worsening economic situation can be prevented by changing your mindset from hard work to smart work. You must increase your productivity by taking advantage of every opportunity that is viral or in high demand among the public. Working Smart will make it easier for you to balance or overcome current economic problems, you also need to look for several main sources of income to increase the amount of income. Of course everyone will say that investing in Bitcoin is not a bad idea, but you must have knowledge about all the ways to invest, including how to maintain wallet security to prevent all risks.

I actually thought of doing both, namely working hard and working smart. The reason is that if we have motivation like that then it will be much better than just having one. We are required to always innovate to make our economy better, and we also have to do it with hard work, so this is something we can do together.
When there is something we can do simultaneously then in my opinion it is better to do it together, because both of these things also have positive value, so it would be very good if we collaborated. Everything is not easy, but with hard work and combined with smart work, I think everything will work out well for us to get what we want. The decision is in our own hands, whether we want to be a better person or we just walk in place.

reagansimms

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The worsening economic situation can be prevented by changing your mindset from hard work to smart work. You must increase your productivity by taking advantage of every opportunity that is viral or in high demand among the public. Working Smart will make it easier for you to balance or overcome current economic problems, you also need to look for several main sources of income to increase the amount of income. Of course everyone will say that investing in Bitcoin is not a bad idea, but you must have knowledge about all the ways to invest, including how to maintain wallet security to prevent all risks.

Vinaa77

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Quote from: btc78 on June 02, 2024, 10:17:03 AM

For me freelance, although it is amicable work, is not a stable job. I would recommend it for extra income but I wouldn’t recommend it to be your sole source of income. Only because I believe in the power of a long-term contract. I need assurance that a particular job will be mine in a specific period of time so at least I know that I will be getting a stable flow of salary until then.

You are right, as freelance workers, of course this is very unfriendly for them and of course they have to be able to save the income they have and also have to be able to manage the income they have well so that they don't experience difficulties when they don't have income.

By having several sources of income, of course this is very good, of course this will really help us survive in an uncertain economy. By having a long-term contract job, of course this will really help us and during that time we will be able to prepare if we don't continue with the contract.

Juse14

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Quote from: Yaqs15 on June 02, 2024, 12:18:25 PM

Quote from: X-ray on May 11, 2024, 02:16:18 AM

mindset is definitely one thing that could help us achieving future success.
but surviving in this world also requires more than the change of mindset there's so many things that limit people from doing what they actually can do.
having good mindset that could help you change the way you thinking could only get so far when you don't have the things that could help you to achieve success faster than the other such as connections, wealth, and so on.
the people that have these could be having the worst mindset there is and would still achieve great things.
but yeah if we don't have anything, surviving in this world is tough the only way we can do is to have good mindset.

that is like the last thing we can have anyway.

There are a lot of things successful people have in common, top of it is good mindset. You have to realize that you are the only one that will take action for your self. if you want to succeed in life, do things that you are afraid of. Move in silence and take rapid action. Take good risk wisely. Be courageous and believe in yourself.
Although, mostly it seems to be very hard at the beginning, but have it in mind that if you don't quit, you are the winner at the end. Just keep moving forward and stop competing and don't compete with anybody because your race is not a competition with anyone, but you are not the only one in the game.

Yes, so that we can take advantage of every opportunity that comes, we must be able to make decisions quickly and correctly, and dare to take risks. Because, if not, it is very likely that this opportunity will just disappear.

On the other hand, we never know for sure what opportunities will bring us success, and if we are not good at taking advantage of every opportunity that comes, then don't expect success to come to us.

Therefore, never get bored of always trying every opportunity that comes, even if in the end all we find is failure and failure. However, believe that failure will make us better and stronger than before, making us truly ready to achieve the success we dream of.

Never be afraid to try every opportunity that comes, even if it seems very difficult for you to do. But we must remember, perhaps it is not the difficulties that make us afraid to try, but it is the fear that makes it even more difficult for us to move forward and try every opportunity that comes.

Yaqs15

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Quote from: X-ray on May 11, 2024, 02:16:18 AM

mindset is definitely one thing that could help us achieving future success.
but surviving in this world also requires more than the change of mindset there's so many things that limit people from doing what they actually can do.
having good mindset that could help you change the way you thinking could only get so far when you don't have the things that could help you to achieve success faster than the other such as connections, wealth, and so on.
the people that have these could be having the worst mindset there is and would still achieve great things.
but yeah if we don't have anything, surviving in this world is tough the only way we can do is to have good mindset.

that is like the last thing we can have anyway.

There are a lot of things successful people have in common, top of it is good mindset. You have to realize that you are the only one that will take action for your self. if you want to succeed in life, do things that you are afraid of. Move in silence and take rapid action. Take good risk wisely. Be courageous and believe in yourself.
Although, mostly it seems to be very hard at the beginning, but have it in mind that if you don't quit, you are the winner at the end. Just keep moving forward and stop competing and don't compete with anybody because your race is not a competition with anyone, but you are not the only one in the game.

btc78

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Quote from: wiss19 on June 02, 2024, 09:49:54 AM

It's not very easy to find work when you are trying to become a full-time freelancer, and there is a lot of competition in the freelance market these days, you will literally be competing with a lot of people when you are trying to get some work because the clients will always look for the best to go with and you will have to be that to win.

For me freelance, although it is amicable work, is not a stable job. I would recommend it for extra income but I wouldn’t recommend it to be your sole source of income. Only because I believe in the power of a long-term contract. I need assurance that a particular job will be mine in a specific period of time so at least I know that I will be getting a stable flow of salary until then.

Topic: Surviving in this economy needs a new minds set - page 5. (Read 2332 times)