The System is Rotten
I'm sorry for repeating some stuff in my vlogs, but I can't stress enough how some things are important to acknowledge... And not just that, but not to forget, and do not fall on the same things as before... Learning from mistakes is the point of mistakes and wrong moves... If we react the same on similar events, we didn't make any progress...
Just a short explanation of the thumbnail image... The fruit on the photo is pomegranate, and actually, it is not rotten... It has been eaten by birds probably... I took that photo a couple of days ago on one of my walks, but it suits perfectly for this vlog and its' topic... This pomegranate shows how will the majority of people look after the next financial crisis... In this case, birds are governments and rich people, that will suck out everything from the middle (and poor) class if that class even exists at the moment...
I'm not sure if we can avoid the next "wave", but I'm sure that some people will "survive" and maybe even profit in the meantime... I suppose that YOU would like to be among those people... Well, if you want to be there, you should start looking into the past events BEFORE and AFTER similar events... We have 2-3 crisis in the last 20 years, so you don't have to look too far in the past...
What happened BEFORE? What were the signs? What can I do differently this time to protect myself better? What happened AFTER? What was the real cause? Can they repeat the same thing, but cover it up with different cape?
After recording this video, I saw an interesting post here on CTPTalk where the author said that he has decided to pull out from crypto at this moment, as he thinks that prices will go down heavily... Okay, that's a valid opinion... But, the question is in what ASSET will you GO OUT at this moment? USD, EUR? Governments all around the world are printing money as crazy, devaluating it heavily... You think that you have "saved" yourself going into fiat... But is it really like that?
Check out the video for more thoughts about these important issues... And just a notice... I'm not a financial advisor of any kind... I'm just a dude that tries to think logically and try to figure out how to protect his closest ones in hard times... Same as you...
Thank you for your valuable time,
~ph~
Music in video:
Growing Up by Scott Buckley https://soundcloud.com/scottbuckley
Creative Commons — Attribution 3.0 Unported — CC BY 3.0
.:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:.
Don't forget to follow, reblog, and browse my Hivepage to stay connected with all the great stuff!
You can find me on ClickTrackProfit .:. Twitter .:. LBRY
.:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:. .:.
▶️ 3Speak
Congratulations, @ph1102 Your Post Got 50% Boost By @hiveupme Curator.
"Delegate To @hiveupme Curation Project & Earn 95% Curation Rewards"
Contact Us : CORE / VAULT Token Discord Channel or Join Us : UPMELINK Web Site
https://twitter.com/ph1103/status/1308163901742346241
And the world continues to turn.
Hi expectations of a system when a system shows you very claerly how it works, is placing oneself in a position of being let down.
We know what the syatem is are and so we have to negotiate within our capacity
Hehehehe... yes it continues to turn... Thanks for a words of consolidation... :) But, I like more to eat healthy fruits and not rotten :)
I need to learn how to be consistent with content creation from you Zoltan.
Love your consistency my man
Thank you for your kind words, Nathan... I'm trying to deliver value... Sometimes repeating myself, but still... raising awareness can be a good thing...
You brought up so many important points in this video. It is amazing how the FOMO mentality really grabs hold of so many people & they don't always make the best decisions with crypto in these cases. Of course, we all have been there at one point or another, but now is the time to keep your eyes on the bigger picture. I don't like seeing red either, but refuse to sell everything because of a bad period. I am one of those stubborn investors and will wait it out until the right time. :)
Yes, is is CRUCIAL people start trusting THEMSELVES instead of always depending on the government to guide them & tell them what to do. The government never has our best interests in the long run. A digital currency without a blockchain is not a good thing. As you said, we want to see what is going on with our money. Just the fact that this "digital currency" is being suggested, it shows me they want to hide something. But of course some may consider me a conspiracy theorist.... :)
I just believe in us taking our power back in crypto & otherwise. Why would we want rotten fruit when we can have the fresh kind that we've had the whole time? ;)
Loved the video! Keep it up! :) 💜
FOMO is a big problem... And you would think that it happens 2-3 times for a person... and when you are burned, you will do differently next time... Well, it works for some people, but on the other side, there are some that never learn...
I think that's a similar problem as sports betting... You bet 20 times and pay that $200, and then you win once and you get $50 and you are happy... and you think that you are doing great and continue doing it... The same things go with FOMOing...
And regarding issuing digital currencies by governments over the world... it will happen 100%, but people that are HERE at this moment, will probably never use them... We are HERE because we don't TRUST them... lol... But, who knows... that can be good for our cryptocurrencies... will see...
Thanks for the comment and support!
You where talking about people selling low and others buying it.
The fact is that most people is driven by fear and greed.
Fear makes them sell at the worst moment and keeps them from buying at opportune moments.
Greed makes them buy at the worst moment and keeps them from selling at the most opportune moments.
This is what drives the forex market and other markets.
Yes, it what's drives markets... The only difference that people on forex and stock markets are a bit more "educated" on trading in general... And crypto is more populated by "ordinary" and tech people with very small knowledge about trading in general... and that's why we have even more FOMO, and fear and greed things...
When you can find a chart for fear and greed indexed in numbers... :) And they are one of the most accurate tools for crypto :)
Congratulations @ph1102! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @hivebuzz:
You refer to your own message as a sad message and apologize for it. I think that is the last thing you need to do (to apologize)! This message may not be lighthearted and joyful, but it is a message that we need to hear!
I say thank you for discussing this. It is sad indeed how people get lied too. What is even worse is that the people telling these lies are so convincing that it seems they even believe themselves. They put up a big facade and make all the right noises where they can be seen. Then they turn around and walk away as if they don't even know about all the suffering they leave behind...
We need to know we cannot trust in any promises made by institutions, corporations, or even governments. We must learn to take responsibility to secure our own future and well-being. Yes, sometimes it is nerve-wracking and as you say, it makes us feel nervous...very nervous. But the longer we wait, the harder it becomes.
Learning about, and getting involved in crypto now, should not just be for the "fun" of making money only, it should be done on purpose, and with the intent of securing our future. It might get scary and challenging at times, but we need to stay strong and see it through.
Thank you for this excellent video!
I think that the general problem and cause is inside human nature... People are always seeking ONE person to lead, save, and protect them from everything... In our case, they are more than one (governments, big corporations, bosses, etc.)... Maybe that's connected with religion(s), but maybe just a part of it... I doubt that we can blame it 100%...
As a matter of fact, that's a kind of "easy button" that we in business, and affiliate marketing, mention a lot of times... It's so easy to find someone else that will make decisions for us, and we don't have to think or do anything... The problem begins when those "chosen ones" think the same and disconnect them from any responsibility for their actions... and that happened a lot of times in the past, and I did talk about some of these cases...
and that is another problem also... People look at crypto as a "hobby", or a playground when it is actually more serious than any other traditional financial institution... And I said it many times and will repeat it... Crypto will save many lives in the future, and it already saves a lot... Check out Hive communities from Nigeria, Venezuela... People are feeding their families thanks to crypto!
Thanks for your comment and support! It means a lot, and it motivates me more to continue talking about these important issues...
You're welcome. I really love watching your vlogs!
Great video Zoltan. A lot of people still think that our governments have gold in a cellar somewhere as a guarantee for our money... The money has only value because we give it value. It's the same for cryptocurrencies. As you pointed out, the big difference between fiat money and cryptocurrencies is that we have a certain level of transparency with the latter.
What people tend not to see is that what central banks and governements are doing with fiat money comes close to see what could work... The economic theories seem not to be appling so they print a bit more... still no inflation.. ok let's go on printing. Hmmm, the economy doesn't take off... ok print some more? It's not the inflation that we should be scared off, it's the day when people stop believing into this money... What happens next? I prefer to have coins that I know how much inflation there is going to be and how coins will ever be printed. In the end what gives value to a coin or money is the people using it...
Sorry got a bit long...lol
hehehe... I like your "print more money theory" 🤣 🤣 🤣 But I do believe that they are just playing with that printer without any clue what they are doing... lol...
Btw, I hope that you will create once your "bank story"... I would like to hear what kind of dirty work you did in a bank... :) Or maybe sometimes in the future meetup, or Hive Fest? :)
I'm honestly not so sure whether they know what they are doing lol
😂 I would love to share some stories over a future meetup ;-).
I am seriously thinking if agricultural land is best bet.
BTW, nice click Zoltan.
well, I agree with that... Maybe not the best, but on the top of the list...
But, I doubt that he thought about that... Usually, people go into fiat and think that they are safe...
I don't think you need to apologize for this being negative bro your doing exactly what you said in the video and shining light on the rotten system we have all been forced to endure.✅
We hear all the time about avoiding ponzi schemes online and offline, if people knew exactly what the system we have with our central banks and the elites that use them to protect their funds and assets they would think differently.😉
The systems we have in place in our banks and goverment's running our countries is one of the biggest ponzi schemes i have ever seen.🤣
🌈🌈🦄🦄
Well... I will be short with my reply... I agree! :) :)
And that's one of the WHY that I trying to point out to the people... Blockchain is awesome, and it's beyond what people can imagine... It's powerful and it CAN bring back power to the people... I don't want to be a slave to the system... I don't want to depend on a bank... I don't NEED them... and why would I be a slave in the 21st century? We think that we are free, but it's just an ILLUSION... But, we CAN be free, and that's a FACT...
And it wasn't short as I thought... :)
Cheers!
Yes Zoltan @ph1102 i completely agree with you i am falling in love with this platform bro and we can be free for sure using it instead of the illusion they want to place upon us.