Actually I am very new on trading, And while browsing the forum, I saw that most of the time people are talking about the support zone, can someone please explain to me what the support zone is, I would be a little more happy if you explain it through a chart. how can I identify the support zone ?
Support is only an area where traders have been trading for a considerable amount of time and where it was challenging to pass that price; if they break that resistance, the spot then serves as a support for traders after the price has reached another price or hit another resistance. Just remember that support in trading is an area where trading activity has frequently happened and it is always recommended to buy at that spot. You can readily recognize support on a candle chart, and traders will often follow both big and local supports. The major supports are what traders often follow, and they are typically observed in large time frames, whereas local supports are typically observed in small time frames, such as hours and days. These pictures can help you comprehend.   |
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All in a bid to ensure I have a concrete investment plan this year, I researched some of the altcoins that has the potential to yield the best return over a duration of 5years. BTC and Eth top my list as one of the more secure coins, but other altcoins have proven to be reliable overtime, if you agree. Despite market volatility and the possibility of a crash, which is your most valid choice right now.
*If I have $40,000 to invest in one #cryptocurrency that will make me a billionaire, Which one do you think would be a better choice, besides BTC and Eth of which I have grown accustomed to?
- $BTC *
- $ETH *
- $ADA
- $VET
- $SOL
- $MATIC
- $SHIB
- $NEAR
- $DOGE
- $DOT
- $LINK
These are some of the best I have seen so far.
*What advice would you give me?
This amount look so good that I may use it to start a business instead of buying altcoins, you can't invest all your life in crypto, it is good to have something good outside crypto, that is how investment should be. However, even if I am to consider buying of coins, I will not buy coins that has been pumped in the past bull cylces, many people who bought those tokens are trapped and they are all waiting for their bags to pump above their buying price and exit the market. From your list, I would skip Shib, doge, Vet and Sol; I may consider the rest in that your order. |
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Honestly cryptocurrencies like now acts like stock, it's just being largely used for investment, some even call it commodities, I doubt it could ever replace bank, meanwhile i'm sure majority that invested in crypto would still actively use their bank so no, it will never replace that even in the future.
You wanted to say Securities and digital tokens, Crypto is far from been a commodity and they are nothing really like stock except for some project that try to immitate stocks by bringing their features in token supressions by giving dividends to their investors that hold their tokens, and even with that, there only exist slight similarities within crypto and Stocks. The failure of cryptocurrencies particularly the Altcoins are so great that it will be tough for people to embrace them today. Things may change in the future, but I don't think they will now. Cryptocurrency is still too young to replace traditional banks. |
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You need to choose between thousand of coins out there unlike Bitcoin which is just the only one. Even then you have made your picks before, you need to analyse first with your preferred indicators and strategies so you don't make any flops.
It's not that easy to choose which coins to choose and when to invest. That's why so many thread in here covering about this type of topic.
Investors fear of altcoins is not solely related to the supply of coins. Rather, it is often due to the lack of commitment from projects and their teams. In the begining, the ideas presented in the whitepaper may be impressive, but once the project tokens and coins are launched on an exchange, progress and commitments tend to decrease. This is when disagreements and team members wanting to leave the project become more common, and instances of hacks, liquidity rug pulls, and sell pressure from the team selling their vested tokens or foundation tokens without adhering to the initial unlocking agreement can occur. |
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Al-Nassr is aiming to sign one of two candidates for the manager position there. These candidates are Zidane and Mourinho according to rumours.
It is really like nearly impossible in my opinion that they can convince Zidane to go there now. Of course I can't imagine how much money they can offer him but still I don't expect Zidane to choose this way for now. He is intending to manage France national team for now and even if he decides to manage a normal team instead I would expect him to manage PSG for example. When it comes to Mourinho this is realistic to me. Because he is already likely to leave Roma if rumours turn out to be true. I don't think he would refuse a huge offer from Al-Nassr.
What is so special about European coaches that made you think that they will decline the offers of Al-Nassr? Ronaldo right now is the highest paid footballer in the world and there is a rumor that Al-Hilal is making attempt to make Messi accept good deal as well. When R7 was offer such amount, he never thought about it twice because the money is a good pay, I believe once they put good amount for Mourinho and Zidane, they will accept without thinking twice, everyone in football now do it for the money unlike the early days where people put love of the club first before the money. |
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Osimhen will try for sure to do the difference in the next match against Milan. It is only a question of mentality, Osimhen could be that something of more that can let Napoli try to reach semi-finals. Also, on tuesday there will be many fans so I expect a really funny match, in my opinion Napoli will beat Milan and will go to the semifinal, they are too angry  (but who I am? Let's see what will happen) Napoli had a difficult day when they conceded the first goal in the first half, and to make matters worse, Anguissa received two yellow cards and was sent off the pitch. This left Napoli to face the formidable Milan with one less player. All effort of fighting hard to equalize the score, their chances were dashed by Anguissa's costly mistake. Hopefully, Osimhen can help lift the team to new heights and make headlines. This success could potentially lead to an increase in his wages during the next transfer window, giving him an advantage when negotiating with the board of Napoli, he can comfortably say what he can offer and what he cannot offer the team but they have to pass through Milan at all cost. |
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I am not sure if Tottenham would really be happy to make a direct competitor in the premier League stronger by letting Harry Kane go to Manchester United. Usually clubs don't want to do that. So if Kane really does not want to stay at Tottenham any longer, then i am pretty sure, that the club would prefer if Kane would leave to a club outside of England, but of course it is also important where the player himself wants to go.
Regarding a move from Kane to Bayern. I think it is still possible, but i think at the moment other strikers like Kolo Muani and Osimhen are the favorites of the Bayern Munich officials. This makes sense in my opinion because both of those players will roughly cost the same as Kane, maybe a little more, but they are both 5 years younger.
Not important about player signing with the rival team depend on expensive offering than other team, from Harry Kane still not clearly rumor he will leave Tottenham Hotspur at the end this season and join with Manchester United. But Harry Kane will not stay forever with Tottenham Hotspur without get any trophy yet and join Manchester United have chance to get one or two trophies later. Joining to Bayern Munich will get large opportunities with trophy due dominance in domestic league, but depending with Harry Kane decision he want stay and play in Primer League team and prefer for joining with Manchester United next season. Not only Manchester united, Boely is also determined to sign Kane at any cost, but every player has the right to make their own choices as long as there is no contractual obligation tying them to a particular club. Regarding Kane's loyalty to Tottenham, he has spent his entire career with the club and has never been sold as he is a valuable asset to them. While he has been loaned out to other clubs in the past, since the termination of his loan with Leicester City, he has not been loaned out again. This has allowed him to focus on his performance and contribute significantly to Tottenham's success, leading him to become their highest goal scorer, I doubt if the guy is going to leave anytime soon for another club. |
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With all the efforts done on Chelsea so far, in trying to bring back Chelsea into form, right from the sacking of Thomas Tuchel and to the sacking of Graham Potter to bringing in Lampard now, yet things seem to be worsening. I'm beginning to think that Chelsea has entered and is facing their down time as a football club.
Arsenal and Manchester united was once upon a time in that situation, even Liverpool too. However, what they need do right now, is to bring the right measure in place to get Chelsea out early, in order not to spend more time than they should spend struggling to get up, hence they will lose the ability to buy high valuable players, because every player wants to see himself play in the champions league compition.
The Arsenal team is doing great in the English Premier League, and is competing with Manchester City. However, Arsenal's performance in other leagues is slightly lower than in the Premier League. But Arsenal are much better than they were in the past. Arsenal has been eliminated from both the FA Cup and Europa League, leaving them with only the Premier League for the remainder of the season. It is hoped that they will win the Premier League and qualify for the Champions League next season. It would be fascinating to see their performance in the Champions League, as Manchester City has been making waves in recent years. Even if they do not reach the final, it would be great if they can make it to the semi-finals and restore confidence in their fans and if they win the cup, It will be a great achievement for the Emirate. |
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Chelsea VS Brighton
I am looking forward to watching the Chelsea vs Brighton match. As Chelsea continues their poor performance, can they win against Brighton?
Chelsea has not won in the last four matches of the Premier League. They have lost against teams like the Wolves. They share points with Everton. They even lost 2-0 against Real Madrid in the last match. Brighton is a very difficult opponent for Chelsea in such a bad state of the team. Also, despite losing 2-1 against Tottenham in the last match, Brighton continued to perform well in previous matches. So Brighton's team is considered as favorite against Chelsea today. I think today's match will be dominated by Brighton players. They will not give Chelsea any chance to win.
Of course I am quite optimistic that Chelsea will continue its negative trend in the Premier League. What's more, facing Brighton is not their easy task, they are often dubbed the killers of big clubs in the Premier League. For this reason, with conditions that are still unstable, Chelsea will experience difficulties because Brighton's performance in the last few matches has been very convincing. The last Chelsea vs Brighton meeting ended with a score of 4-1, and after last season's match Chelsea did not make many positive moves. So do not rule out the results may not be much different. Brighton is in a favorable position to win their upcoming match against Chelsea. However, if Chelsea were to lose, it could have serious implications for their caretaker manager who has suffered two consecutive losses since taking on the job. This stagnation could be detrimental to the team, especially if Lampard wants to be retained as the main manager because it will leave the board with nothing to show for the season and Lampard's reputation would deteriorate, potentially making it difficult for him to secure a position with a top-tier club. It's worth noting that Lampard has yet to win any major trophies as a coach during his two tenures at Chelsea.  |
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Benzema is unlikely to move to MLS or Saudi Pro League in the near future. He still can play quite well, he should have good motivation to stay in the top league in Europa. Although he wants to leave Real Madrid, I am sure he will move to a big team, too. He may move to another league, may be in EPL or Serie A. I guess he will move to Serie A if he wants to leave Real Madrid. He seems very appropriate to be AC Milan striker or Inter Milan striker. Benzema's contract at Real Madrid will expire soon next summer. So far, there are indeed many Saudi Arabian clubs who want to propose to this quality player. However, bringing in a Benzema is not easy, and on the other hand, Benzema has said that he has never thought of having a career in the Arab league. There are several rumors that I have, if indeed at the end of the season Benzema does not renew his contract with Real Madrid. Benzema's first destination is likely to move to Manchester City, because reportedly he is interested in becoming one of The Citizens who is performing well under Pep Guardiola. Regarding Karim Benzema, I'm not sure he wants to continue his creaser Benzeman is getting old but regardless of his game he had a good performance and he is the first hope for Real Madrid to score goals while he extended his offer for another year with Real Madrid and I'm sure this player can have good performance in Real Madrid even for another season but after that like many superstar players transferring to the Arabian team can be a good option for him. One of the oldest player in Real Madrid I can point out is Modric, 37 years old and he is still one of the greatest midfielder for that club and Benzeman is still 35, younger than Modric and he still plan to sign another long contract with Real Madrid, I think Benzema equally has a big stake in the club too. The last time I read about his contract demand with Real Madrid, he plan to stay on two conditions whic are the increase of his pay rise and must be start in every Real Madrid match as long as he his fit to play, I think that Real Madrid will keep him because they don't have any one to replace him right now. |
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I was pretty irritated reading the comments of the head coach of Napoli, how can he say they're a better side without Victor Oshime?! Oshime has been the best of the best this season for Napoli, definitely he's absence has already been felteand witnessed.
Ac Milan has got work to do at the Diego Maradona Stadium next week, when they had th chance they should have made it two to three goals at home.
I don't even think Frank Lampard is in charge of that selection yesterday, it's Todd Boehly doing all that underground. Abrahimovich selling Chelsea has got to be one of the wrongs that need be righted.
Are you a Napoli fan, my friend? You seem to be quite emotional. I'm curious because, in the last five matches between Napoli and Milan, Milan has won three, even with Osimhen playing in those matches. While Osimhen may be a strong player and currently leading the Serie A, it doesn't necessarily mean that the Manager's statement was incorrect, every team should strive for independence and not rely too heavily on any one player, when the dependent team loses that player, it can become a probelm and even with Osimhen present, Napoli could still have lost yesterday because Milan is an experienced team. |
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I don't think have chance for Manchester City winning Primer League this season because left many points from Arsenal on current standings, but crucial games when both face each other and Arsenal need a draw only have been enough secure first standing position from Manchester City and large chance with Primer League title this season.
I kind of wonder when the match between Arsenal and Manchester City is booked I hope there would not be any possible postponement of the match just like the last time when Manchester City vs Arsenal was booked to play, but even though Asernal seems to be topping the league at the moment, there is still a high chance of them losing it if Manchester City defeats them in the next meeting. The previous instance of a postponement for an Arsenal vs Manchester City match occurred during the funeral arrangements for Queen Elizabeth, as the match was rescheduled for a later date. However, it is unlikely that this upcoming match will face a similar delay, as the anticipation for the outcome is high and it is expected to take place as scheduled. This is because Asernal has been more focused on playing draw games in the last couple of matches back and if that continues it will make it hard for them to either play a draw or possibly lose to man city in the long run thereby missing their glib on the season to man city in the end.
It is uncertain what will happen this time around, as both teams are desperate for this point, which will determine their chances of fininshing the first place for the season. Arsenal has another match before facing Manchester City, and if they win it, they must ensure they don't lose when playing against Manchester City. |
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I don't think the salary has anything to do with this Messi saga. I believe Messi wants to be assured of the project of the club before he agrees to remain there. He wants a better squad and better management. If they can promise that they will do that then I believe he will sign with PSG.
He is also accessing the same thing with Barcelona. He is waiting to see if it will be possible to join Barcelona and if they can guarantee that they have a good project and he believes in the project they're building. It's what players do when they have offers from various clubs. Some might just follow the money but most often what they do is go for the club they feel has the best project for them.
Messi is willing to go to Barcelona and receive very little compared to what he's earning at PSG, but it doesn't mean he would make the same sacrifice for PSG because PSG is not in a financial crisis like Barcelona and secondly, because he doesn't owe PSG any loyalty.
Right now, situation is not clear about Messi and for all better view about this we have to wait until end of this season with most chances he will not go to Barcelona because of their financial situation which is not good, and they have to release too many players which high salary which can create more problems for them so things looking not easy for the both parties with this all we have just PSG option for the Messi but before extended contract he needs to work on few things which will give better shape to this club right now coach and few players are creating problems which is never been ideal to win big trophies and Messi love to win trophies and now if PSG want to have Messi in their team for more time then surely they need to give better shape to their squad and also having few changes in their polices as well. Despite a tempting offer from PSG whose amount is unknown, Messi's agents and father have yet to give in. Various bids have been coming in from other angles, including ALhilal, but Barcelona seems determined to get Messi at all costs. Messi endorsement and revenue to clubs is really worth it otherwise, I don't know why clubs are willing to spend large sums of money to acquire him, just like him and Ronaldo are old but the interest to have them in their cycle is strong, there performance has been on decline and yet clubs don't look at it. |
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I have seen several casinos with promotions where they do "drops" to thousands of people or they give bonuses to several gamblers, but how transparent is this process? Do you think casinos are really doing these drops to 1000s of people or are they skimming from the top.... ? They might say a drop is for 2500 people, but they might only drop for 500 people and nobody will know. Yes, some of those 500 people will report that they have received the drop and it will look legit.... but is it really? How can the gamblers verify that the actual amount of people are receiving the drop or the bonus, if there are no list to verify it? Let's discuss this. I am curious if other people also thought about this...  Business owners are humans and some humans are straightforward while others are not transparent. Some casinos keep their promise and they are also open to public scrutiny. While other are not and they keep their business dealing secretly so that customers will never have access to them. I am sure that some casinos fulfill all their promotion promises to their customers because they want to maintain or increase their reputation. While others don't care about what people think or say about them because their main focus is not to satisfy customers but to make outrageous profits. Is there a casino that disregards public opinion and criticism towards their betting site? If a casino doesn't address the concerns and feedback from its customers, it implies that they don't value its customers' experiences. As a reputable company that is focused on making profits and building a reputation empire, it's essential to prioritize the needs of the people around them. Even if a casino has a good reputation at the start, if they fail to address problems that arise as they grow, it will eventually lose customers and end up with a dwindling player base. |
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Most of us underestimated Milan,thinking that Benefica will defeat Milan due to their good performance in their domestic league and in the champions league. It went the other way round yesterday as Milan used a strategy that supersede Benefica football pattern,which made it difficult for Benefica to understand Milan game strategy. It is a good win for Milan and I know that the second leg that will be played in San siro will be in the favour of Milan or it will be a draw game,if Benefica don't play to outshine Milan. Let's see if the comeback of Benefica will be able to put them through into the semifinals.
Anyone that bet against Milan, they likely did so to simply waste their money. I had faith in Milan's ability to score in their match, as they have a history of being dominant. While Benfica may have had some impressive goals against Club Brugge, Milan's track record makes them a formidable opponent. Milan's next step is to either draw or win their second match at Stadio, whenever Benfica comes to visit for an away match. If Milan advances to the semifinals, it will be an exciting match. Their opponent will depend on the results of the Napoli and AC Milan game today. It will be even more intriguing if AC Milan wins, as then we would have two Milan teams vying for the Champions League title. |
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It will not be easy for arsenal to hold a draw or even win Manchester city with their current form and performance in their previous game. I think there are things to put into consideration on Arsenal title race. We have to understand that the match will be played at Etihad stadium, the Man city home on 26th April, they will play Chelsea and Newcastle on 29th April and 7th May respectively. All this matches should be considered big games for the gunners, which I think Arsenal can not come out of them victoriously. That's where I'm drawing conclusions that they won't be successful in winning the premier League because they won't be able to win their remaining matches .
Arsenal performance aren't bad, but Arsenal are high likely will not win against Manchester City because if you check on their head to head, Manchester City always win regardless the league and where the match were played. So I assuming Manchester City already get extra 3 point, Arsenal must win in their next matches otherwise Manchester City will overtake them. It's really sweet achievement if Manchester will win FA Cup, Premier League and Champions League in this season. There is a possibility that Arsenal could draw with Manchester City, the likelihood of it happening is low though. However, given that both teams are currently fighting to climb up the the table, it could motivate them to fight for a draw, with both teams scoring. As big fan of Arsenal, I will like them to succeed in this match to silence critics who will later say they only won trophies due to luck, especially against Manchester City. It would be fair if Arsenal is given the opportunity to demonstrate their full potential to win the league this year, considering the significant progress they have made so far. Winning the Premier League would be a great achievement for England and a memory that will be cherished for a long time. |
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I have witness friends from less priviledge home and turn out to big boys that made money bag for their self but they are consumed by these latest luxurious life and the life impressing thing teenage do, instead of reinvesting that money into something big; when you want to advise them, they will tell you it is because you are yet to make one for yourself that is why you want to advise them, they will continue to flex that money until everything vanished and start struggling for another means. If I am lucky to have enough money at as I grow, I will save and invest them for rainy days. |
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Let us be realistic to ourselves, is good to extreme to wait for government to make provision of every in a country, sometimes when we graduate from higher colleges we expected government to create employment opportunities but in some points government keep adamant of making employment be visible and available to the mass, on my instinct I said without government employment man can survive, I started a popcorn 🍿 business which I managed alone but right now have workers under me which I'm paying and now planning to establish another business.
If you are a student or about to finish, please add skills to yourself, it will help you and excepmt your self from the usuall job hunting. I am not sure which country you are coming from but if you are not from US, UK, Canada, or developed European countries, you will only suffer for Job after school and when you don't have alternative skill, it will later be a regret for not having any way to earn after school. It is even better to have the skills at hand, if you have the job, that is fine and if you don't, there will be something tangible you can hold onto and you will be about starting early. |
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This is what half majority of traders don't understand, there is money to be made in trading but when you check traders, only few of them make money from it, I laughed when I see them showing the profits they make from trading futures and perpetual contract because the only thing they show is percentage and the % could be that of $10 or $20, chasing big profit with small capital is total waste of time. Instead of chasing quick profits from different that will have them lioquidate, it is better to invest and hold, there is no harm in holding coin in a wallet, there has never been a better option in crypto than been a holder.
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I have seen lots of arguments about AI and the influence on the jobs out there and my opinion is incline on there will no be AI taking the jobs from people but rather, they will help the humans in where things might become difficult and help the works becomes easier but after seeing what developed countries are trying to shutdown AI projects is scary than the evolution of AI itself, but either we like it or not, AI are not Robot in real life, they are artificial intelligents that have study the algorithm of systems and will work the same way men has been for a while and the intresting about them is that they have system to upgrade with make it cool.
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