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121  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 29, 2024, 07:09:36 AM
I was wrong when I saw the club that was going to compete in the middle of this week, I thought it was the Chelsea vs Manchester City match but actually, it was Chelsea vs Tottenham, so there is no chance for City to take over the standings from Arsenal unless they have played one of their postponed matches against Tottenham mid-May or if Arsenal slips before the City vs Tottenham match, so that for the time being Arsenal can enjoy their position as leaders of the standings before City take the lead.

For Tottenham, the match against Chelsea is very important to continue to maintain the opportunity to shift Aston Villa's position in fourth place, but Chelsea is not a team that they will easily overcome, especially in many meetings Tottenham can only occasionally beat Chelsea when competing at Stamford Bridge. Chelsea is the favorite team in this match but their performances are often disappointing in home matches so this will be a match that is quite difficult to predict, but if Chelsea plays well then they are the ones with the best chance of winning.

You are actually right on what you said here, it would not be an easy game between Chelsea vs Tottenham because if you look at their head too head record against Chelsea, it's actually very bad, Chelsea might not be doing well right now no doubt, but they always have the ability to beat Tottenham regardless of their present form, so if Tottenham must come out victorious in this particular encounter between them both, they just have to be on the top of their game for them to stand a chance of going home with the whole three point.

And as for the title race between arsenal and Manchester city, because it's now obvious that Liverpool is no longer in the equation, I think it's actually going down to the last day, because I really don't think Manchester city are going to drop any point again, but am not betting on anything, because in football anything can happen.
122  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 28, 2024, 11:42:30 AM
~

I am also a person who has a monthly salary and works in the government, For investment I focus more first on my family's monthly expenses and for investment I allocate buy BTC with DCA according to propriety, sometimes this month it can get 0.00047 BTC and sometimes next month it can be up to 0.00067 BTC.



 If you invest using DCA it will de-risk you a lot, but you should always analyze the market, and it will be good for you. Also, you should know before investing that you only invest the amount of money you can afford to lose.


I totally disagree with this statement here that I made bold, as  an investor, I think it's pointless analysing the market because as an investor that is only thinking long, it actually not necessary doing that, analysing the market are meant for traders, not an investor that is only thinking long term.

But I fully agree with this other statement that we should only invest money we can afford to lose, to me, that is what a good investor in Bitcoin should be doing, by investing an amount of money he or she can do away without for a very long period of time.
123  Economy / Gambling discussion / Re: No gambling today due to bitcoin high transaction fee. on: April 28, 2024, 07:56:37 AM
This high fee is probably due to the 4th halving that was completed. I haven't seen this type of transaction fee this hight.

If you look at https://mempool.emzy.de/, the current transaction fee is  over $50 but in the past few hours it was over $100... So if you are a gambler who doesn't gamble that much like your range is only $10 to $100, it's impossible you will choose to gamble today with that very high fees.

This is only for gamblers who use bitcoin as the payment method, how is going today? Who among us here can still afford to gamble?

I think the transaction fee went above more than 150usd that day that the halving event took place, but as of today, it has normalize a little bit compared to the past week, and it's high time something should be done about this high fee of a thing, because we are all hoping for more adoption of Bitcoin worldwide, so what if people start adopting Bitcoin worldwide, and the numbers of transaction increase more than how it is today, how are we going to make transaction, without our money getting stock in  the mempool due to high numbers of people doing transaction on the same day? This are question the developers of Bitcoin should be answering for it fans like us technologically, to make it adoption process much easier than today, because the high transaction fee is really a menace that needs to be addressed for the benefits of Bitcoin.

And as for me gambling today, I did that in our local betting shop, because when paying with Bitcoin with the kind of amount I normally use in gambling, I find out that I mostly pay more, when transaction cost is being added, so I prefer paying with fiat when gambling.
124  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: April 28, 2024, 07:36:28 AM


Quote
According to Italian broadcaster RAI, Conte has already agreed terms with Napoli which include a lucrative three-year contract valued at €6.5 million (£5.56m/$7m) per season. Additionally, Conte is said to have inserted a clause whereby Napoli president Aurelio De Laurentiis will refrain from sharing his opinion in football-related matters, granting the manager complete autonomy in team affair
https://www.goal.com/en/lists/antonio-conte-juventus-chelsea-tottenham-boss-set-to-return-to-management-serie-a/blt8db9e60b027db37a#cs8f564730066279a3

It really surprises me if this news will be real. We must also wait for the further development regarding the rumor about conte accepts napoli's offer after he has rejected it a few times. It seems like that the salary has become the main problem why conte was rejecting it. he is now agree with the new offer coming from napoli.
I never expect that if conte is doing U turn after he was rejecting it last weeks. Im sure that if this is also surprising a lot of people.

If this is actually true, then Napoli have done a very good deal no doubt, because Antonio conte will be a major upgrade to this current Napoli manager managing the team right now, and am very sure that their will be a major step up from this Napoli team under his leadership as the manager, but I didn't think initially that Napoli can afford his services, so if they actually did that,  by paying him what ever he wanted, then I am confident that they are actually going to benefit a lot from him, because Antonio conte has all the charisma needed to succeed there, because his record at Juventus is still speaking for him, even till today.

Their was a time it was being speculated that he was going back to Juventus, if alegri is shown the exit door, so I even thought that at least the hierarchy of Juventus are actually going for the right manager that can return Juventus to it glory days, but it was just a speculation, their was nothing concrete, so if truly this Napoli deal is legit, then to me it's going to be the signing of the season for them, no doubt.
125  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 28, 2024, 04:31:55 AM
Manchester United problem this season if you ask me isn't all about Onana but the club manager's tactical poor decisions and if the club really want to grow beyond their current form, they must get rid of their manager
You can’t blame a player just because a club is performing poorly, I know Onana performance haven’t really been good this season, but I will tell you that onana do perform incredibly well in some matches. Onana’s performance is poor, but if Manchester United is having a strong defense, then Onana’s poor performance won’t really be obvious. I blame both the player’s, goalkeeper, coach and entire Manchester United management for the clubs poor performance.

We are at the point which weak teams are always performing well, I was surprised that Manchester United couldn’t win Burnley today, I expected the matches to be a easy win for Manchester United but all United could get in the Match was a draw.

Manchester United is a joke. All they have now are their past achievements and big names but when it comes to performance they are no different from mediocre teams and bottom teams, that must painstakingly strive to obtain an uncertain victory. All the money they spent this season was for nothing and I think that is proof that Ten Hag is indeed incompetent to be Man United's coach.

Their opponent is only Burnley, that is at the bottom of the table and Man United has an advantage playing at home, but Man United played like a team that had just been promoted to the Premier League. What I saw, Man United was confused about how to score goals and how to defend well, so Man United seemed to be playing without a rhythm. As long as Man United still chooses Bruno Fernandes and Rashford as the main starters, I don't think Man United will find their rhythm.

The Manchester United team has always performed well this season, but coming into this match, they could not compete with the Burnley team and win. In the closing stages, the result of the game turned in the night, but Manchester United were strong and brave enough in attack. The whole match had a total of 27 attacks and the opposite side Burnley had 16, but both teams managed just one attack. The only goal difference in this match, especially due to the good goalkeeper, many gamblers lost their bets as Manchester United played in their favour.


Are you really sure that you have been watching Manchester united matches this season? Because this particular season, Manchester united are actually a mess of a club, if they can't win a Burnley team fighting for relegation in their own backyard, then who can they be able to win? Their performance over the cause of the season have been horribly poor, especially against the smaller teams everyone thought they should be winning easily, but that's never the case, they always performed badly, which always leads to dropping of points.

And as for their quest to qualify for Europe most prestigious competition, the uefa champions league, I think it's becoming almost impossible for them to achieve such feat, because right now  Aston villa is way ahead of them with 13 clear point, with just 3 matches to go, though Manchester united have a game in hand, but it's very clear that mathematically it's impossible for Manchester united to finish in the top four this season, so the uefa Europa league is very much likely.
126  Economy / Trading Discussion / Re: Is there strategy to make profit daily future trade on: April 28, 2024, 04:01:01 AM
I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

Are you really sure of what you are saying, because if you are knowledgeable on how to the trade futures markets as you claimed, you wouldn't be depending on a crypto signals from someone else, though one of the most common attitude among newbies like you is thinking that trading is actually easy, and due to the fact that you have not learn the hard way doesn't mean that you wouldn't be served breakfast at some point, because by your statement, it shows that since you are having it easy due to signals you received, you think that trading is easy, which it's not.

And lastly, you made mentioned of buying a coin that have potential of rising, and when it rise, you sell it at s profit, bro, my Candide advice to you is that stay away from any coin that isn't Bitcoin for now, till you are knowledgeable enough to know how to navigate your way in the market yourself, because you will definitely get burn, if you don't thread carefully when dealing with alt or shit coin, so if as an individual you feel like you are too stubborn and you still want to take the risk, then I suggest you gamble with only 2% of your portfolio, an amount you are willing to lose, so that if things go south, you wouldn't feel much of it impact in your finances.
127  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 27, 2024, 04:56:21 PM

In as much as investing 100% could be risk or over investing but with this method you have explained I think it will be very difficult to get into trouble during the accumulation process because you have already eliminated any possible risk that could arise along the line, actually this method has been very helpful for so many investors today and funny enough I have make use of this method sometimes, especially when I'm very close to receiving my monthly salary and by then I have cleared all possible needs that would arise so I will then putting 100% percent of my available funds at that moment while waiting for the salary to come so that I could balance the equation and from their continues my DCA.

Actually I only use that method whenever I feel I'm free from any needs and my monthly salary is very close, however it takes a proper understanding for an investor not to make a mistake on this method because like you have explained that investing 100% is only good before the pay period so that they will not ran into trouble but funny enough most investors will still be aggressive trying to be greedy.
This method is no difference from buying aggressive when there is more money to spare. The only reason you are able to comfortably put 100% of your income into Bitcoin is because you have various source that you make money, and you don't rely on your monthly income to cover up for everything you need. Despite the general advice of not putting all our money into one asset you still choose to neglect because you feel it is less risky for you since you have no upcoming needs. But let me give you some reasons why this idea is wrong.

1. You are not expecting any needs, but life throw curveballs, things could go wrong like health and emergency need which you will need money for that is why it is important to keep reserve funds.

2. There could be a time where you might see a delay in receiving your income, thereby you need more money to survive and invest.

This your idea might seem logic to you, it's still a risky move to make. At least try to diversify instead of putting your entire money in one basket even if there is a huge assurance in that assets and even with a paycheck coming soon. Money that is not in your hand cannot be called you money unless you receive it.

The earlier you understand that in cryptocurrency, their is no diversification the better, because their is no substitute to Bitcoin in the crypto industry, all other coins are just means in which  these developers used in  milking investors of their hard earned money, so I would advice that you take your diversification else where, somewhere away from cryptocurrency entirely.

And lastly, concerning what you said about other source of income, though I sees it as an of topic here, in this thread, but if I must respond to that, then  it's very wrong to survive on a single income, because the rate at which inflation is ravaging the fiat and making it lose value is really a cause for concern, so it's  adviceable to have more than one source to keep you afloat, in your daily lives.
128  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: April 27, 2024, 07:00:34 AM

If I understand his statements correctly, he is not going to extend his initial contract, but he revoked his decision to terminate the contract early. So in concrete terms he will stay until 2025 and if you think about it, an extension wouldn't have made any sense for any of the parties involved. Xavi is going for that year, I guess he sees potential in the team especially with the two younger guys who are playing as if they were part of the team for half a decade by now. And at the end of the next season he is in the position to choose whatever he wants. He might get offers from other clubs and at the same time, if  he plays a successful season, he can ask for a better contract with Barcelona. But still I think it is like kindergarten to announce you are going to step down because you freak out at a press conference (he also said that there is no going back from that decision) and now everyone is friends again.


From what I have heard from various news and rumours, Xavi is no longer interested in extending his contract with Barcelona. And so far this seems to be the most convincing.

Xavi became Barcelona's coach at a time when the team was in dire straits. Koeman turned this team into rubble. Barcelona had to fight hard to win even against weaker teams. After Xavi became the coach, Barcelona's performance became much more stable and Barcelona also won the La Liga title. Barcelona had a fantastic performance last season. But this season the condition of the team is not good. Their performance is erratic.

Barcelona must now rebuild the team. This squad is neither strong nor experienced enough. Barcelona need a more experienced coach as well as bigger funds to strengthen the squad.

Couldn't agree more, Koeman was a huge mistake and I never liked him in any regard whatsoever. I didn't like his coaching, I didn't like his interviews and I didn't like his attitude altogether. He made weird player choices and he never really fully connected with the team, at least that was my perception. But anyway, part of the truth is that the team fell apart and it wasn't possible for them to replace all these stars that worked so well hand in hand. When you lose Iniesta, Xavi, Neymar, Messi, Suarez, and many others that were an integral part of this amazing team when they were in their prime, I think any coach taking over would have an incredibly hard time to be as successful as before. Therefore, Xavi was doing ok, but I don't consider him one of the best coaches despite winning La Liga.
If Barcelona appoints a new manager to their club and if they can give the new manager financial freedom then maybe the manager can do well in the transfer market by signing several players with Barcelona but it is very difficult for a new manager to do well with the current team. Xabi is a Spanish footballer and he is a former Barcelona player and he has been able to perform quite well with this team. All the players under him are very used to Xabi's tactics, so if a new manager is appointed now, the team's performance may be worse because of that manager's different tactics. Maybe considering all these aspects, Barcelona extended the contract with Xabi for one more season. Although the contract period has been extended till 2025, this period can be extended later.

First of all, this shouldn't be happening in the first place, xavi  shouldn't be leaving Barcelona now because he is the man best fit for the job, ok let look at how Barcelona have performed in the past two seasons under his leadership as the manager, they are not that bad the way the media made it looks like, considering the fact that most of the players bought are not what he as a coach really wanted, but since they were free transfer,  he just have to accept it, because that's what the club can afford, they actually can't go for the kind of players he wanted due to lack of funds.

But if truly he is leaving the club, I think their are some good coaches out of jobs now that can coach this Barcelona team, someone like hamsick flick, Thomas tuchel at the end of this season, but where the major problem will be, is will they going to accept a low quality players that mostly comes with free transfer? Or will they accept the financial troubles Barcelona are going through, and decide to work with it?  But to be honest, it's not a good news for Barcelona if xavi leave at the end of the season.
129  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: April 27, 2024, 06:42:49 AM
It all depends on the amount of bitcoin the person has accumulate over that interval of one year before you begin to talk about making of profit. If u do not have a sizeable amount of bitcoin in your portfolio you cannot be able to make this profit you are talking about ,especially if you are doing DCA it will take you time to accumulate a reasonable
amount of bitcoin.
The method of collecting Bitcoin to get a larger amount varies from person to person, although the one we see most often now is to use DCA with a certain target time period. Because to achieve a bigger profit target, you definitely have to have a fairly large amount of Bitcoin ownership and that cannot be denied by everyone. That is why most people always pay more attention to their Bitcoin holdings portfolio than others because in Bitcoin everyone can make a profit as long as they have enough patience in collecting it and also have a fairly large amount in their own portfolio.
Basically those are the investors who usually do the DCA in bitcoin to accumulate the bitcoin throughout the bear market. Those are the people who will then sell in the bull market and gain maximum return on Investments. I will not compare them with the traders who have different mind set and who will usually buy and sell multiple times to gain profits.

You are still describing and even trying to worship traders as if you know how to tell the difference between a good trader and a not so good one, when the fact of the matter is that trading does not pay off for an overwhelming number of folks who even attempt it, and in bitcoin, we have had the overwhelming majority of folks profiting from establishing and following a practice that mostly errors on the side of accumulating bitcoin and holding it... not fucking around with trading and trying to believe that you are able to time tops and bottoms.. which is a bunch of bullshit where a lot of folks who try such a thing end up selling too much too soon and making a variety of other mistakes, so there is no need to be worshiping those kinds of practices and trying to act like it is some kind of practice that normies should aspire to.

sometimes, one of the reasons why people  try to just jump into Bitcoin investments in a time they feel the market is bearish hoping to zoom off whenever the market gets bullish is probably because they are still very new to the system and aren't ready for any long tern commitment that will see them to gaining better in the future.

No, I really don't think so about this statement here, I think it's totally contrary to what is happening in today's market, for the few months I have been in this crypto space, I have come to understand that almost all newbies mostly buy during bull season, they only buy when everything are ok, when the market are mostly green, and they start panicking when the market start declining, and that is why the the higher numbers of panic sellers are mostly newbies, because they don't have much belief in Bitcoin, and they mostly sell at a loss when the market start declining, they don't know that Bitcoin have what it takes to bounce back from any setback, because over the years, it has proven over and over again that it can recover it previous value, and it gets better with age, just like a fine 🍷 wine,  so it's only people that have gotten a little bit of knowledge of Bitcoin  and how it works, would know that the best time to buy is during the bear season, or through the DCA accumulating strategy, so my brother, knowledge is key, even in this crypto space.
130  Other / Beginners & Help / Re: [Merit] Share your best posts/threads with Fillippone to be merit assessed on: April 26, 2024, 01:30:37 PM
   Round 5

1.  Re: Reason why most people don't grow, improve etc
Category: good opinion
Board: Naija local board

2. Re: Memecoins opportunities moving forward
Category: good advice
Board: Naija local board

3. Re: Simple practices to improve trading (2).
Category: opinion
Board: Trading discussion

4. Re: Nor Reason money to use learn skill, pay am if you fit.
Category: opinion
Board: Naija local board

5. Re: A trader lost over $1 Million + on Binance Feature trading
Category: opinion
Board: trading discussion
131  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: April 26, 2024, 09:04:27 AM
Quote
Erik ten Hag will be forced to take a 25 per cent pay cut at Manchester United should the club fail to qualify for the Champions League.
https://www.mirror.co.uk/sport/football/news/tenhag-man-united-sack-wage-32661884
I think this is gonna be a long term drama between ten hag and united since he is now facing difficult situation caused by his club was not even able to qualify for the europa league. It's a shameful result for a club that has paid hundreds millions to buy the new players at the last summer transfer season.
I personally hope him to leave from the club rather than stay for another season. I saw him as a main factor that was making united denying. Im so sick of him.
Lol.

Ratcliffe has no empathy to Ten Hag, how can he force Ten Hag must brought Manchester United to enter Champions League when the chance didn't even reach 1%?

Currently Manchester United has 53 points, they need to overtake Aston Villa positions that currently has 66 points, technically Manchester United must win all the rest matches and Aston Villa must lose all the matches. How it's even possible?

Actually, in football I really do think that everything is possible, nothing is impossible in football, but if you look at it logically, it will be very difficult for something like that to happen, because it's more likely for Manchester united to lose more points than Aston villa losing any point, so to me, finishing in an uefa Europa league spot is more ideal, unlike finishing in the top four with just 5 matches remaining, but if it was like 10 matches remaining, it would have been a bit possible.

And as for Eric ten hang, I think he will be replaced by someone more capable by the end of the season, because I haven't seen much improvement Manchester united have made since he was hired as the manager of Manchester united, I just feels like his fate has already been decided by the club, that's why they now gave him a lifeline of finishing in the top four, which is very much unlikely at this particular stage of the season.
132  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 26, 2024, 08:50:50 AM
To me, I think the essence of all this which I think is best, is don't do more than yourself, invest with what you can do away with for a very long period of time, that's why the DCA accumulating strategy is the best because you will be accumulating Bitcoin through the DCA method either weekly or monthly according to your financial strength, and as long as you have a source of income to be funding the DCA accumulating strategy either weekly or monthly you wouldn't be compelled in tempering with your investment just because of some financial needs.

But if you are doing more than yourself, by investing more money, and part of the money that would have cover up for your well-being, at some point, when having a serious financial needs, and your emergency funds are not enough, you will be force to temper with your investment, before you know it, that will be the beginning of the end for that investment, because that will be how you will be eating it bit by bit till it runs out, so it's very important to invest according to your level or I say it like don't do more than yourself, just cut your coat according to your size when DCAing , then you are good to go.
Everyone needs to tailor his investment accordingly to his financial status and also the amount that would be comfort with, two persons might be earning equal amount and having equal financial stability but would be comfortable with different allocation, Mr A might be okay with an aggressive 25% weekly and Mr B might be okay with 10% weekly despite been at same level with Mr A and this might be due to each of them having different risk tolerance relating to investing in bitcoin or having all their value in only one asset.
You made a very good and interesting point but I want to point out one aspect of your statement that does not quite sit well with me. That is the aspect of using "risk tolerance" as a factor for investment. In the example you gave, it should not be ability to bear risk that should determine what percentage each of them will allocate to Bitcoin, rather it should be dependent on their individual needs. Using risk appetite as basis for determining the amount to allocate to Bitcoin might seem like Bitcoin is all about risk, a way of amplifying the risk of Bitcoin. So, needs is a better factor to consider and for this case, Mr A might have needs that requires up to 50% of his income while Mr B might have needs that requires just 30% of his income. Under these two scenarios, Mr B will have more leverage to allocate higher amount into Bitcoin than Mr A.

Meanwhile, when I said needs, I am referring to basic needs and any other thing of importance that cannot wait. These are the factors that can force an investor to sell his Bitcoin. Besides these needs, the other major consideration should be emergency funds which covers unforeseen circumstances.
Those are mere hypothetical to explain the mental situation of two different persons with equal needs and every other necessities in place. Mr A feels comfortable and okay with an aggressive 25% allocation to bitcoin and that doesn't seem to bother him or give him a sence of over allocation to bitcoin whereas Mr B feels okay with his 10% whimpy investment despite knowing he could allocate more to bitcoin.

I applaud you for playing around with various hypothetical persons and going back and forth to attempt to flesh out various considerations that might come into place depending on where a person is with his finances, yet within this one paragraph you seem to be mixing up ideas and framing them in confusing ways.  And, many times, guys are struggling to even consistently hold aside 10% of his income for investing, so it begins to be a bit unrealistic to be describing scenarios that guys have 50% or even 70% of their income available for investing, even though surely there are some people who are able to do that, but they tend to be exceptions rather than common kinds of scenarios... but it is possible, but not very realistic to be describing those kinds of outlier scenarios.. and maybe some of those were pushed more by @Moreno233 rather than by @teamsherry.

First, I would like to review that frequently a person can attempt to make a ballpark idea regarding how much of his income he is going to put into bitcoin, so maybe aiming for somewhere between 5% and 25% of his total income; however, he should not be able to come up with his exact target amount if he does not have some kind of an assessment of what his discretionary income is, so if his income and his expenses are almost the same, then he does not have any discretionary income, so he should not be investing into anything until he figures out how he can either increase his income and/or how to decrease his expenses so that he has a discretionary amount that he would be able to invest into bitcoin.

Of course, people with higher incomes have more abilities to actually make sure that they have some discretionary income, and sometimes folks with lower income have very few abilities to either increase their income or to cut their expenses because they are already living in such a way that they have little to no cushion... so those people cannot choose to invest into bitcoin or anything else until they figure out a way to increase or even create a situation in which they have discretionary income.

Second, I doubt that the concepts of whimpy versus aggressive have to do with how much you choose to invest, but instead they are choices about how much of your discretionary income that you invest.  So if you already figure out that on a monthly basis you have $2k coming in every month and you have $1,600 in expenses, so then you have figured out that you have $400 of discretionary income that you may well be able to invest into bitcoin, and so maybe the whimpy investor might invest $10 per week into bitcoin and the aggressive investor might invest $100 per week.. but of course, there are levels in between in terms of how much this person could choose to invest, and they might even choose to play it by ear, and some weeks they invest the least amount of $10 (by their own choice) and other weeks they choose to invest the maximum, but most of the weeks they choose to invest somewhere in the middle $50-$70, and so the higher that they are investing within their discretionary income, then the more aggressive that they are being, and if they have figured out all of their calculations correctly, then they would not be classified as overly aggressive, unless they were investing more than $100 per week and then putting themselves in a situation in which they are going above their discretionary income and therefore gambling and/or being reckless in terms of possibly putting themselves in a position that they might need some of the money that they had invested into bitcoin for their monthly expenses.


Thank you sir, for breaking it down to the lowest understanding, because this is the exact situation I found myself in late last year that I started buying Bitcoin true the dca accumulating method,  during that period due to how excited I was as a newbie not having much knowledge of Bitcoin and how it works, I was in the opinion that the more Bitcoin in my possession, the more money I will make, not even knowing that holding is another thing all together, so that spur me to invest more than I can afford from my monthly salary, which wasn't that easy for me, because toward the end of the month when I can no longer fend for my basic needs, I will just have to fall back to my holding, and withdraw a fraction of my holding just to survive till I have been paid my monthly salary, and of a truth, that actions I took limited me so much.

So with time, I started gaining knowledge from this forum about Bitcoin and  how to go about it, so the moment I stop buying aggressively, and I started buying according to what I can afford, and the money for my monthly upkeep being kept aside, I observe that I no longer struggled to consolidate to my holding as before, so that's why I believe that if an investor can invest according to money he can do away without, holding wouldn't be that difficult, as long as his source of income never runs dry.
133  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 26, 2024, 03:56:08 AM
Manchester City should be able to make good use of this because it will definitely be easy to win. With several opponents that are easy to face, there should still be a chance to win first place in the English league standings. Manchester City and Arsenal are showing their best strength to win the best position in the Premier League.
Only 5 matches remain for Man City this season in the Premier League. And I think 4 of these matches will be easy matches for Man City. Only Tottenham might be able to make Man City a little difficult. But even so, we can still say that Tottenham is not as strong as Man City. So yes, it is true that many of us say that Man City has an easier match than Arsenal at the end of this season. But now it's up to Man City to see whether they can use it well or not.
5 more matches are not an easy thing for Manchester City to get through even though they have strong strength but the teams in the Premier League are not easy teams to beat, among the remaining 5 matches for Manchester City this season I don't see Tottenham being a competitor. which is excessive because Tottenham this season has not had consistent performance.

Overall, if I look at Manchester City and Arsenal's chances of winning the Premier League title this season, the Manchester City team is a little more favorite because they have a pretty good mentality compared to Arsenal, especially after Manchester City was knocked out of the Champions League, now they will only focus fully on winning. Premier League title this season.

I said it very clearly that the biggest mistake made by both arsenal and Liverpool was allowing Manchester city going top of the table in this closing stage of the season, because Manchester city is not a team to be messed with, the high level of consistency in the team is very good, so I don't see what can stop them from not been crown champions, because to me they will definitely win all their remaining 5 fixtures and be crown champions at the end of the season.

I know that it will be very easy for pep guardiola to motivate his troops in getting the desired result in what ever game they find themselves because they are actually going to treat all the remaining games as a finals, so they will definitely win them one after the other, with the record of Manchester city over the years, tell me why they wouldn't win this one, when their destiny is in their hands as this? So to me, am just congratulating them in advance because nothing can stop them from marching to the title.
134  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 25, 2024, 09:11:19 AM
-snip-

Now that the price of bitcoin is low the goal is to buy more Bitcoin and hodl because it will surely yield more profit. When you believe in hodling their won't be any feeling of doubt of bitcoin.
But unfortunately, not all of them can do it. Lack of budget is the most common problem that thwarts accumulation plans for every investor, they also don't need to force themselves to get a budget by any means just because they want to accumulate on dip. You can accumulate at any time as long as you have a budget, but I don't think you should force it.

Consider that you still need a lot of money to meet your daily, weekly and monthly needs. In fact, you still have to consider unexpected costs, bills and so on, so there's nothing you need to force even if the price is being corrected.

By the way, bitcoin fell by 3.6% in the last 24 hours. This may be the time to do some accumulation if you have a budget.
When it comes to bitcoin investment, we should not invest all of our money in it so that we will always be able to solve our financial needs when they arise. We all know that not all investors are financially okay with buying the bitcoin dip, and if they are concerned about buying the dip, they might temper their emergency funds to buy the dip because their income source can't cover their expenses. And when an emergency happens, they will depend on their bitcoin investment to solve it. It is not easy to hold bitcoin for the long term, so we need to adopt a strategy that will allow us to accumulate bitcoin without struggling to solve our daily problems. This is why it is good to accumulate bitcoin with the DCA strategy because you will make provisions for an emergency fund that will allow you to take care of your unforeseen problems and also accumulate bitcoin even when it is in a dip.

To me, I think the essence of all this which I think is best, is don't do more than yourself, invest with what you can do away with for a very long period of time, that's why the DCA accumulating strategy is the best because you will be accumulating Bitcoin through the DCA method either weekly or monthly according to your financial strength, and as long as you have a source of income to be funding the DCA accumulating strategy either weekly or monthly you wouldn't be compelled in tempering with your investment just because of some financial needs.

But if you are doing more than yourself, by investing more money, and part of the money that would have cover up for your well-being, at some point, when having a serious financial needs, and your emergency funds are not enough, you will be force to temper with your investment, before you know it, that will be the beginning of the end for that investment, because that will be how you will be eating it bit by bit till it runs out, so it's very important to invest according to your level or I say it like don't do more than yourself, just cut your coat according to your size when DCAing , then you are good to go.
135  Local / Nigeria (Naija) / Re: Local Board Moderator; Your honest feedback here. on: April 25, 2024, 08:53:59 AM
Truly this our local board moderator position don too dy over due, and na you be the baba wey fit run an well pas any other person, because before now, the kind of thread I dy see here dy wonder me wether we no get leaders, but as you start to dy tag all the local board spammers, almost all the people wey been dy spam our local board start behaving  them self by force.

so as e be so, e dy very obvious say you be man of the people, just only the reactions from our local board community about this ur intention show say ur face show and ur shoe shine for the community, just continue the good work wey we know you for, cos you have our full support.
136  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: April 25, 2024, 05:13:07 AM
But Roma has been finishing their seasons in Serie A quite same all those years. It was never enough to make it into the top four again, but they finished 6th or 7th for a while. Mourinho didn't really bring them to the next level, but he reached the Europa League final which I think makes his turn look better than it was. De Rossi does however have a real chance to lift Roma to the next level and build a great team for the future. But that's a lot of work as there is Inter Milan, AC Milan and Juventus Turin and then a lot of teams that will compete for that valuable 4th position.
AS Roma has had tough time finishing in top four of Serie A lately but they have been getting better under different managers like Mourinho and now De Rossi. Mourinho did great job getting team to Europa League final. De Rossi, who knows enough about soccer could help Roma improve even more. There are strong teams in Serie A like Inter Milan AC Milan and Juventus Turin. But having tough competition can help Roma get better. I hope they will try to their in future to show their power.
In fact, I must admit that I did not expect these successes after Mourinho was dismissed from the team in Rome. I had prejudices against De Rossi, but he managed to break them all one by one. This can be considered the beginning of a great coaching career. By the way, I believe that they will come to better places. Roma have great players and De Rossi manages to make the best use of them all.

I was taken by surprise no doubt by the performance of De rossi because before now, I believe that he hasn't had a coaching experience on a level like this before, I actually thought they might struggle, but they are doing just fine, though I can't deny the fact that the team has been built already by jose Mourinho, and  that winning mentality is already instill in them, so they can always show what they are made of regardless of who the head coach is.


And it's true that they are in a very difficult situation now, in finishing in the top four, which will definitely take them to the uefa champions league, because bologna are doing just fine above them and they were well beaten last week by the same bologna team at their very own backyard, so right now, they will just have to keep on winning and hoping that the team above them drops point, till they themselves go above them, aside that, I don't think it's possible for them to climb into a top four position, because right now, their destiny is no longer in their hands, they will have to win and be hopping that the fixtures of bologna and Juventus goes their way.
137  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 25, 2024, 04:46:45 AM
Dortmund have a unique way of playing against their opponent but sometimes uniqueness might not really work in some situations. And even playing against q club like psg has good players that play in their own talent, and the physicality that psg depends on that is the likes of Mbappe that has super speed and a good power goals. I have the same feeling that psg will have a easy win. And the semi finals is going to be tough And if psg should qualify it won't be that easy but eventually if they meet with Madrid it is going to be tougher but if qm to predict who is going to win then I will go for real Madrid, am very they won't want to lose any club after they have gotten to this point. Good luck psg against Dortmund.

Haha, don't ever think that winning is easy when the Champions League is in the semi-finals these teams have overcome various challenges and defeated great teams meaning they are the 4 best teams of all teams. Apart from that, we often see surprises in the last few matches so who knows, we might see another surprise in the upcoming match. What is clear is that we cannot underestimate any team when they are in the semi-finals, they could win through unexpected things for example through a penalty shootout or because of a red card.
You are absolutely correct. There is one situation that we ignore, and that is the situation of receiving a red card. When a team that is the favorite in the match receives a red card, the balance of the entire team can be disrupted and they can suffer a heavy defeat. The Barcelona-Paris SG rematch showed us this. When Araujo received an early red card, they gifted the rematch to Paris and Paris used that advantage perfectly.

Yes, you are actually right on this, a red card can change everything in the game, but I don't think it's just red card we should be watching out for because in competition like this, their are some teams that may not be doing well all season, and manage to get to this semi final stage of the competition, just as Bayern Munich, so if we get into a senerio whereby their is a great leap in improvement within the ranks of Bayern Munich, and they went back to the level they were known for, do we not think they can win it easily after beating real madrid?


Why am saying this is that most teams does better as the season is coming to an end, and the clear favourite which is real madrid might not win it because this is football, anything can happen, just as red card can spoil everything for a team, injuries of  three to four of their most important players can change everything, even for the bookmarkers favourites in the competition, so to me, impossibilities is nothing in football.
138  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: April 24, 2024, 09:27:11 AM


Officially CONFIRMED!!!!

Giroud will not be acmilan's player again at the end of season. He has signed a new contract with LAFC and he will fly to the US soon. This means all of rumors that was talking about him to join in the MLS league was true. It has proven by romano's latest tweet about him.

The document has completely verified by both of parties. Finally, giroud has gotten a new home to end his career as a football player. Things have been going very well for him in acmilan but since he is now getting even older and acmilan is looking for a new striker to replace him.

Im seeing this as the right decision from giroud consider about the fact LAFC is also giving him pretty good salary too. It's hard to say no for giroud with LAFC's offer when he was almost leaving acmilan with free agent.

Congrats giroud.

A big congratulations to him for this move, because since the MLS is a league for veterans like him, it will be much more easier for him to perform than playing in Europe that plays with more intensity and aggression, besides he has achieve almost everything in football if am not mistaken, so he should just go and eat his pension there before retiring officially.

Though of a truth, ac Milan is really going to miss him, because he is a top quality player, and he has proven over and over again to all his doubters that he can be a reliable option upfront, from his days at arsenal, Chelsea and even ac Milan, so anyone that is going to replace him at ac Milan is definitely having a big shoe to fill in no doubt, and  if ac Milan don't replace him with a reliable person, it will be difficult for them to cover up for the area threat Olivia ground comes with in the field of play, so if they still want to carry the same attacking threat, they really have to spend on quality that possess the same threat up front.
139  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 24, 2024, 09:09:22 AM
I expected a win at the Emirates but the 5-0 win I never saw it coming, Chelsea can never be in a good shape especially when their magic boy wasn't in the mix. It still doesn't change the fact that Chelsea still have hope of qualifying for either the Europa League or Conference League only if they can shake off this defeat and start up a new chapter by getting a win in all the remaining games of the season.
Arsenal are still on the race but the only problem is the Citizens who have about 2 games at hand, if they lose or draw then the Gunners have to keep on win and they shouldn't drop a point or else Man City will get hold of the opportunity and win the league.

I wasn't surprised with the goals scored against Chelsea, even though Palmer was in their mix Chelsea will still play the same thing. Arsenal played 27 shots, While Chelsea had 7 shots and 1 was on target. A lot of people thought that Chelsea was playing at their best form at this point because they defeated Everton with a score of 6:0. a Team that any club in the Premier League can beat. I don't think Chelsea performance will improve more than they did this season, Chelsea cannot participate in other competitions next season apart from the Premier League. Did you think Chelsea will not lose any of their remaining games? Chelsea will remain the same Chelsea we know from the beginning of the season.

Arsenal's performance is strong enough to maintain the top of the league, despite that, a lot of people thought they were having challenges to win their games and we were getting it wrong, this is not the same Arsenal we knew last season, we have seen many changes in their games. We may end up surprised if Arsenal wins the League this season.
Chelsea were indeed humiliated by Arsenal yesterday, I knew that a Chelsea side without Cole Palmer will be a disaster and it was exactly what happened. The coach of Chelsea keep giving excuses for this Chelsea side whenever they lose matches, saying that they are a young squad and they will gather experience. Now the question is this Arsenal side that humiliated them with a score line of 5:0 are they not a young squad? If not younger than Chelsea squad. Chelsea needs immediate overhauling from the coach to the least player apart from Cole Palmer and Gallagher. Chelsea don't need to take this their sorry state to next season because it will be a disaster. Years ago Arsenal were the ones suffering like Chelsea but they did a good rebuilding and it's working for them, Chelsea need to emulate that path and work on their future this summer.

Bro, they are not building anything, this is just a bunch of scrab and average players all over the team, what to me is logical and should be the step that should be taken are a complete overhaul of this bunch of average and low quality players in the team, and most importantly, this clueless manager Mauricio pochettino should be shown the exit door, because he is just good at making excuses, nothing more.

And as for the hierarchy of Chelsea football club, I believe that they are the brain behind the mess going on in the club right now, so they should be replaced with competent people, because right now, their incompetence is costing the team so dearly, till all that is done, Chelsea will keep on suffering humiliation, because right now they aren't building anything other than shit.
140  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 24, 2024, 08:53:03 AM
For emergency funds, it is best to separate it from investing in Bitcoin so that it does not interfere with our investment plans. But there are also investors who use some of their Bitcoin to meet their emergency needs because their emergency funds cannot cover them. This is understandable because we often experience emergency needs that we must fulfill immediately.
Those investors should not to be taken seriously considering that they will always run to sell of part of their holding to solve problems. This set of people cannot successfully hold bitcoin for a full circle. Don't make investment when you cannot feed yourself and take care of your basic needs without turning to their investment. When we do invest, turning to our investment to solve problems should totally be out of the equation.
Emergencies can occur at any time so we are required to make every effort to overcome them, including sacrificing the investments we make.
For example, health or education problems are problems that cannot be tolerated when you need money immediately.
I don't think it's a problem or a fear for us not to start investing, problems that occur unexpectedly in life are a normal thing in my opinion, and I never thought it would be a reason for us not being able to succeed in investing.

This is different from people who are unable to meet their daily needs, such people certainly will not think about investing.
Investments are only made by people who have more money than they can use and the better option is to invest compared to saving.

That is more of the reasons why you as an investor, you definitely need a robust emergency fund, an emergency funds that can sustain you for the least three months, because aside emergency funds, you must have a monthly or weekly source of income to keep you afloat in your daily lives, without having to fall back to your emergency funds at any slit opportunity, because to me, emergency funds is meant for health or any other pressing issues that is out of your control that can't wait to be sorted out month ending.

But if your problem is still on the level of fending for your daily needs, then I am quite sure that, it's not the best time to invest, because since you can't even afford your daily needs properly, you will definitely eat your investment bit by bit till it finally collapse, when faced with a pressing financial needs, so the best way to have a stable investment is investing with a money with you can do away without for a very long time, not a money you need for survival in a short while.
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