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161  Economy / Gambling discussion / Re: Is it ethical to break your gambling rules on: February 26, 2024, 04:52:04 PM
My recent experience from gambling, prompted me to ask this question,  and just as the title stated clearly,  you can easily deduce what I am trying to ask in this thread


My experience
In the last two weeks, I have been on a steady roll in gambling and most of the stakes I placed are mostly in sports bets, dice, and spin, all these games are luck-based games unless for football that requires a little bit of analysis.


That being said, this week I noticed that I have continued in the same trend despite that I have a personal gambling rule, not to gamble for two weeks consecutively,  but unknowingly for me I am already in the third week without adhering to my own rule.

So this led me to ask the general public if I am gambling too much, although this excess didn't affect my finances in any way since I still managed to come out with little winning at the end of the day and at some level, my losses are still below 30 percent of my set out money.

Discipline is something that is quite important in all gambling, if you cannot be disciplined then it is unlikely that you will win a certain amount of money, you will actually make yourself worse off, one form of discipline in gambling is not to gamble beyond the limit - not to gamble with  loan money - not gambling with the aim of getting more money.
Learning to be disciplined in gambling will make you value your money and time more and more, so that in the end the gambling you do is useful and don't waste your time.
162  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: February 26, 2024, 04:29:14 PM
Harry Kane is very unlucky. He was with Tottenham for a long time. But did not win any title. After Harry Kane joined Bayern Munich we thought Harry Kane would win Bundesliga and Champions League titles with Munich. But at the moment it is very difficult, almost impossible, for Munich to win these two titles. But we can't blame Harry Kane as the reason. Harry Kane's performance is very good. He is scoring a lot of goals as well as making a lot of assists. Harry Kane's relationship with the players is quite good. So why do we blame Harry Kane?

I would say Thomas Tuchel is responsible for Bayern Munich's plight. Munich's performance has been erratic since he took over. Even in the final season, the team's performance was very erratic. They were very lucky that Munich won the title last season. Munich should now look for a new coach.

Just imagine if Bayern were coached by Xabi Alonos, would Bayern's performance be like now, then that's the role of a coach that is very vital in a team, in Bayern's case, they really couldn't wait to fire Hans Flick but hired Tuchel, to be honest I look more at Hans Flick who is the most suitable to train Bayern.
We can conclude whether Harry Kane's performance is bad if we see that Bayern doesn't have a title until next season, as one of the world's best strikers, the burden that Harry Kane carries is very heavy, all the fans' hopes are on him.
163  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: February 26, 2024, 03:58:21 PM
Real Madrid are reigning at the top of the La Liga points table and are currently leading the race for the title. Real Madrid are currently in the top position of the table with 67 points after winning the match against Sevilla, they are currently so excited that they are not including Barcelona and Girona in their rivalry but Madrid are many points ahead of them. Real Madrid is the strongest team this season and they are fighting hard to win the title and they have lost only one match so far. I believe Real Madrid will be champions this season and the performance and feeling of their current game is definitely enough to win them the title. And Real Madrid coach Ancelotti is currently doing great for the team, we can say that Real Madrid will win the La Liga trophy this season.

If last season Barcelona won La Liga then this season Madrid will take it, But what an interesting thing happened in La Liga, to be honest, I was quite surprised by what happened to Girona, at first they performed brilliantly but when they faced Madrid, they immediately showed a bad performance, even against Bilbao they were also unable to win, Girona will definitely get worse until the end of the season, their hopes of becoming La Liga champions have been dashed, Barcelona is also getting stronger in position 2, it is difficult for Girona to return to position 2.
164  Economy / Gambling discussion / Re: Pay off DEBT by do Gambling? think again before you loss more on: February 26, 2024, 02:13:03 PM
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It goes beyond smart and self-controlled. Understand the system. Gambling is designed to be addicting and let you think you're in control. It's illusion

And you think it's acceptable over years? Wrong. Slow-acting toxin. It may take time, but it's destroying your finances, mental health, and relationships. Using chance to fix what needs hard work and dedication is foolish. Online or offline, the trap persists. Only actual answer? Learn, plan, and face your debts. The only gamble that is worthwhile is that

So if I have a $1000 debt, and I plan to gamble once a few weeks with little bets, let say $20, and make little number of bets, for example play 5 bets with 1.10 odd, which is isnt that hard to win and it will be $10 every few weeks. And I have years to gamble like that. Of course I understand that it will never be a 100% win ration, but still with self-control I will slowly payoff my debt. But you say that isnt acceptable? While for me it looks like I can slowly repay debt with such tactics.

you are very skilled at managing your gambling, you are really able to minimize your losses when gambling, it is very rare to find gamblers who can make money consistently every week or day.
I'm one of those people who doesn't have good luck when gambling, especially when playing slots, I will lose big if I force myself or play for a long time, that's why I prefer to bet on football.
In my opinion, the percentage of people who are successful in paying off debt by doubling their money in gambling is only 10%, the rest are losers (you are in that 10%).
165  Economy / Speculation / Re: As Bitcoin Prepare for more Bull, What's your Decision on: February 26, 2024, 01:23:09 PM

https://twitter.com/naiivememe/status/1759584807666000341?t=ggkgMqRoL_xBRc_w0VPq1g&s=19

Bitcoin is all I need and you can ask me why?

Because Bitcoin is on it irresistible move to $60,000 and more thereafter halving.
...

this is an interesting question, to be honest, bitcoin has become a very profitable commodity today, immune to inflation and also standing independently, there is no doubt about it. continuously collecting bitcoins is something i am doing right now, i will refrain from buying new clothes, new women's bags, new vehicles just to accumulate the bitcoin i have.
Bitcoin will soon experience a halving as usual, at that time (during the halving or after the halving) it is predicted that the price of Bitcoin will increase by several tens of percent. The bull run will not stop, always remember to take advantage of opportunities, it doesn't matter if you sell when Bitcoin hits ATH but use a good strategy so you can get bigger profits too.
166  Economy / Economics / Re: Leadership and Economics on: February 26, 2024, 10:04:35 AM
Good leaders and government policies set the stage for success by creating opportunities and stability. But at the end of the day, your personal choices and actions are a big part of your own success. It's like a teamwork between what's happening around you and what you decide to do
Yes, but a good environment will influence the person to be better, different from a bad environment.
The decision is in your hands, but the environment has a big influence on a person's life.

I always teach this to my children, that they have to choose their circle of friends well, if they want to become someone useful in the future, because when they are friends with a drug user, they will definitely become like that, the impact of friendship really affects a person's personality and a firm, intelligent and strong leader is formed from a circle of great and tough friendships.
To become a leader in government, the conditions a person needs are integrity and consistency, therefore I really like leaders who are consistent with their words and also their leadership style. Our country has finished electing the president and vice president, I hope the leader whos newly elected person can be consistent in his campaign promises, this is all we want to feel as citizens, because the campaign promises are really sweet lol.
167  Economy / Gambling discussion / Re: Do you think gambling every day is better? on: February 25, 2024, 08:50:32 PM
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When it comes to our life we need to always strive to keep it balanced, gambling once in a while in order to unwind and have some fun is not wrong, but once gambling begins to take away time from other activities or people that we love then that could be an indication that there is an issue going on, since if you are willing to sacrifice your money, time and even your relationship with your loved ones then it is clear that you are no longer gambling just for the fun of it anymore.

Don't sacrifice our social relationships with family just to have fun gambling, family is a responsibility that we have to fulfill every day, gambling can backfire on us if we don't use it well. Apart from that, gambling is something that cannot be mastered like science, so gambling every day will not provide any benefits for every gambler unless the person has a hobby of skill-based gambling such as chess and cards because skill-based gambling can have a good impact on the player. further, enhance the experience of the players.
168  Economy / Economics / Re: Passion for skills. on: February 25, 2024, 06:05:44 PM
Now that I’m into crypto space, aside that I’m into trading and hodling, I also want to learn some crypto job opportunities so that if ever trading and investing might not be profitable anymore, at least I can still stay in crypto because I have developed good skills that made me still profitable and is giving me a sustainable source of income. Although I believe crypto jobs are not forever, but at least I have benefited from them even for a short period of time.

I am also the same as you, trying all kinds of opportunities that exist online to make money, I know the competition is getting tighter and tighter, but if I stop then everything I have done will be in vain, bitcoin and cryptocurrencies are an opportunity that you really have to  take advantage of, a few decades ago we didn't see anyone getting rich from bitcoin and cryptocurrencies but now we see a lot of people getting rich from bitcoin and cryptocurrencies so bitcoin and cryptocurrencies are a big opportunity that must be exploited  maximally.
169  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: February 25, 2024, 04:57:37 PM
People once again praised Harry Kane's great performance in last night's match after helping Bayern Munich secure victory at home with the brace he scored against Leipzig. Initially, it was quite doubtful to see Bayern Munich having so much trouble against Leipzig, even though if you look at the meeting as a whole, Bayern Munich can always dominate the results with a landslide victory.

But what we saw last night makes us know that Bayern Munich are not in good condition after the two consecutive defeats they received and they have to try their best to secure 3 points at home. Luckily they have a great striker who they managed to recruit last summer and he became the hero in this match. Harry Kane has currently collected 27 with Bayern Munich and it is certain that he will be the Bundesliga's top scorer this season.

This is a heavy burden that Harry Kane has to bear, even though he is the current top scorer in the Bundesliga, he still cannot provide a trophy for the club he plays for. Harry Kane still has to bring Bayern to fight in the UCL (in March, Bayern will face Lazio in Leg 2), this is Bayern's big goal in buying Harry Kane from Tottenham, but if at the start of this season he still can't make Bayern the dominant team in all leagues So that's still very reasonable in my opinion, the point is that Tuchel must be able to provide good direction and strategy to the Bayern squad.
170  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: February 25, 2024, 04:13:52 PM
Paris Saint-Germain's mission every season is the UEFA Champions League, Enrique came to Paris Saint-Germain also wanting to make that dream come true. This season, perhaps the peak of this mission must be achieved immediately because Paris Saint-Germain's current strength is quite convincing because next season Mbappe will no longer be at Paris Saint-Germain.
Do you think PSG can achieve this trophy this season. Their inexperience has made them lose out this trophy several times. And this season we have a very strong and experience team still playing in this trophy. I'm talking about Real Madrid, a team which have been playing well both in league and in Champions league. Do you think PSG has what it takes to defeat them if they meet.

discussing PSG's performance in the UEFA Champions League, PSG will not be able to compete with Madrid and Man City (I favor these two teams over PSG) but for the local league, no team will be able to match PSG, they are too powerful and unmatched (although in some matches they had the misfortune of losing), PSG's defeat is still 1 but they have had quite a lot of draws. Enrique is a pretty good coach, but he must be able to make the PSG squad not dependent on Mbappe, especially since the issue is that Mbappe will soon move to Madrid.
171  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: February 25, 2024, 01:11:54 PM
Onana's behavior of always running away from the goalpost allowed Alex Iwobi to place the ball in the bottom corner, so I will blame Onana a bit for that second goal. It will be hard for Manchester United to catch up with Aston Villa in the Premier League table. Manchester United should concentrate on qualifying for next season's European League because Aston Villa does not want to give up on playing in next season's UEFA Champions League.

I wonder why he often makes mistakes, I don't know why Ten Hag chose him to be in the Man Utd main team, in fact, I like Tom Heaton more than Onana. Fulham was quite lucky in their second goal (Man Utd is still 3 points behind Tottenham and 8 points behind Aston Villa).

Today there is a match that I think is very interesting, the chance of winning is greater - the match between Sheff Utd vs Wolves & the match between West Ham vs Brentford will start soon, for the first match I chose Wolves in my bet, and for the second match, of course, I chose West Ham for my bet.
172  Economy / Economics / Re: Save while young better than wait on: February 24, 2024, 11:03:34 PM
Time once gone never comes back just as money cannot be earned throughout life. There is a time frame for doing anything, those who can use that time to the fullest are successful. What I personally value is savings. I may have an opportunity to earn money today, but there is no guarantee that I will be able to do so regularly tomorrow. If something like that happens then we must know how we can control that time. We all know that life is not a bed of roses. The time we are thinking of enjoying is considered by many to be the perfect time to make a bright future.

what you say here is true, time cannot be returned, neither can money, when we spend it on unimportant things it will be a waste, don't let us regret it later because the money we earn won't last long in our hands, saving is important but investing is much more important, this must be applied to many people, so that when old age comes, the money will still be there.
it's very painful when we are in an emergency situation but don't have the money to cover the emergency costs, the most important thing in this world is money management, many people fail to do this and end up poor in old age because they are very bad at money management.
173  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: February 24, 2024, 10:47:54 PM
...

Newcastle have just conceded one more goal to allow Arsenal lead with three goals. So much jubilation from the fans as Saka put the ball into the goal net after a skillful finish and put the ball in the far side of the post. Arsenal are really in good form and nothing can stop them from triumphing in this match. They are so ready to fight for the top spot and the way there playing, they’ll make it to that top once more. Newcastle United performance has reduced so much and unlike the way they started at tge beginning of the season. I don’t even see them getting the possibility of making it to the top four with this performance by end of the season.

Arsenal are unstoppable, they won smoothly against Newcastle, and you can be sure that Arsenal will continue to be close to Man City and Liverpool for the top 3 positions in the EPL standings. From the start, it was predicted that Newcastle would not be able to beat Arsenal, their performance continues to decline.
In fact, of the 26 matches that have taken place, Newcastle have lost 11 times and drawn 4 times, this bad result means that they will continue to be in the middle of the EPL standings until the end of the season maybe.
174  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: February 24, 2024, 02:53:25 PM
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Tuchel has nothing to lose from now on. This is making things really difficult for bettors to make a decision upon betting on Bayern Munich in the remaining games.  Sad

But I still expect to see Tuchel doing his best. Bayern Munich should normally be able to eliminate Lazio by the second leg at Allianz Arena. But will I bet on them to win? I don't have big intentions about it for now.  Grin  Maybe I might try my luck with both teams to score. While Bayern Munich are vulnerable recently Lazio might score a goal here as well to make things harder for their opponent. It has 2.00 odds which is very tempting.

in the second leg, I'm sure Bayern won't play slowly like in the first leg against Lazio, so far Bayern are still the favorite team in the Champions League, Tuchel just hasn't found the best strategy to maximize Bayern's attack line, apart from that, Harry Kane also doesn't seem to have adapted yet good with the strategy given by Tuchel.
I just hope that Musiala will be moved to the right wing midfielder because he is better there while Muller should be in the left wing position, Sane should be on the center wing to help the attack and defense more quickly, Lazio has a good defense then Bayern have to be more creative.
175  Economy / Economics / Re: How many Branches of Economics is there? on: February 24, 2024, 02:04:44 PM
Hi,

Yes its like a religion, for example there's Christianity and its branches are Catholicism, Protestantism, Eastern Orthodoxy, Anglicanism, Oriental Orthodoxy, and Assyrians which are different types of Christianity. All have different views.

Same for economics, what are the different types of economics and which ones are taught in Universities and which ones do the western governments follow?

I believe economics should be pure set by the free market but we that's no longer the case in the west nowadays.

What is Keynesian economics? Apart from Keynesian what are the other types?

Which economists or traders do you guys follow on youtube for daily market analysis and what type economics do they follow and which type of economics best predict future economics? Not interested in youtubers who just care about making profit for themselves so they sell/shill anything.

Finally which branch of economics did Satoshi Nakamoto follow himself?

I graduated from the Faculty of Economics but my understanding of the types of economics is not broad enough. I once read an article that Satoshi Nakamoto is someone who is against the current conventional financial system, so he is trying to improve the money distribution system using his very deep understanding of monetary economics.
Satoshi Nakamoto is someone who is very hot, he knows how to improve imperfect systems and conventional monetary systems must be updated with the latest, so the emergence of Bitcoin is a blessing for the world.
176  Economy / Gambling discussion / Re: Outcomes of insighting gambling for a source of income. on: February 24, 2024, 12:45:48 PM
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Just in, he is on medical attention after he slumped as a result of loosing a borrowed fund meant for a business re-startup after the gamble made him squandered his previous business.
At his regained to a normal state of health, he explained that he thought he would be lucky to win at the stake so as he could expand his intended business with a bigger capital.
At a point I don't see any business oriented ideal in this Friend because $1,000 ls good enough for a start of lucrative businesses.

This is wrong thinking. Maybe there are several stories where a successful gambler doubled his money in gambling and was finally able to start his business again well and smoothly, but things like that are very rare, it would be better if someone just opened a business with enough money. he really had it from the start even though it was just a loan, because starting a business with money earned from gambling is very risky.
btw, I have to admit, your friend has a very brave mentality. People like him are often the ones who become successful people, he dares to take risks and that is one of the conditions for being a successful person in life, in contrast to those who always play it safe, they it will be difficult to be successful.
177  Economy / Gambling discussion / Re: Don’t play gambling with drugs or in half sleep on: February 24, 2024, 10:48:29 AM
I had a friend who use to play the gambling only when he consumed drugs,Sometimes he use yo win the money.But most of the time he loss the funds,when we have a chat on the weekend we shared our experiences.The reason of the loss in the drug consumption is the gambler will play the game without any hesitation to take risk.The gambling is the risky game,the gamblers who take huge risk some times make the huge multiple of betting dollars.But the risk doesn’t make him win,because the meaning of the risk is the possibility of losing and winning.Every month we meet each other,the odds between us is gambling.

My friend also added when he had huge winning in the night games without drugs,he had an habit of playing the gambling at the earning morning after wake up.It doesn’t mean an addiction,it was his dedication towards the game.But the sad part is he will loss sometimes if he wake up in the few hours sleep.When he had shared this I had advice him not to do the gambling in both in drugs or early morning games.Because we should not play the game at the early morning,because we are beginning the day.If the game give the loss in the early morning,the entire day will goes in a negative vibe.The new gamblers should take it as the lesson to avoid loss in gambling.

From what I've been able to gather, your friend actually takes drugs to increase his self-confidence so he can keep winning when gambling, and also to keep himself from getting sleepy easily, but in the end he ends up messing up his concentration and ruining it because his rest time is messed up.
Gambling must be done with a calm mind, good mood and also a stable mentality so that the final result we get when gambling results in a profit, not a very serious loss. Even those who don't get enough sleep are not advised to gamble beyond the limit, there is nothing good that can be gained if you gamble excessively, instead you will be trapped in defeat.
178  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: February 24, 2024, 09:37:21 AM
Empoli vs Sassuolo - for this match, I'm confused about which one to choose, both have poor performance, Empoli is only 2 points ahead of Sassuolo, it looks like this match will end in a draw.

Udinese vs Genoa - I choose Genoa they have a much better defense than Udinese.

Salernitana vs Monza - Monza is of course the one I will choose, on last matchday, Monza successfully beat Milan, so they will beat Salernitana today.

Cagliari have never won in their last five matches which is why Napoli are very favored in this match, but even so Cagliari could make it difficult for Napoli to get the full three points because for them to get out of the relegation zone will be their main benchmark, at least getting one point for them it is very valuable to save them from their current position and at least get out of the relegation zone. Even though it is difficult, Cagliari will of course try as hard as possible.

...

Cagliari will find it difficult to keep up with Napoli's game pattern even though Napoli's current position in the standings is not good, Napoli is much tougher than Cagliari.
179  Economy / Trading Discussion / Re: Can you make everybody to win in their crypto trading? on: February 24, 2024, 09:02:11 AM
I wonder why some traders are still experiencing losses in their crypto trading upon all the impart professional traders are imparting  traders in some trading section to ensure traders know when to trade to win and when not to trade to avoid losses. Can you make everybody to win in their crypto trading? I asked this question based on what I heard from some traders that traded their coins early this year, hoping that the price will still return back to low price before they can buy and hodl for the real bull run to occur but this morning price made such traders to lose and, it made me to understand that there is no way you can help everybody to win in their crypto trading because, there are some traders who will be thinking that you are teaching them wrong thing until they experience profits or loss before they will appreciate what you did.

Even crypto trading experts cannot make everybody to win or earn big profits from their crypto trading at the same time because, for some traders to wait till the real bull to show up in the market, it will make them to feel they are about to miss the opportunity and it can lead them to loose no matter what you do to help such trader.

If you have ever heard the phrase "even a barber can't cut himself" you will realize that a professional trader will never always win if they trade alone, they need a community or other group to exchange information about trading.
Apart from that, the income of each trader will never be the same profit, even if you trade with 5 of your friends, you will make different losses, so don't ever hope that you can match the income of a professional trader, you will only push yourself to the limit canyon. Do trading with your own abilities, find your best strategy.
180  Economy / Economics / Re: Isn't it all about money? on: February 24, 2024, 06:21:03 AM
What's the essence of all the hustle and bustle and learning and reading and keeping all the sleepless night? Isn't it all about money?

What if I don't want to go through all these process, don't care if I'm a graduate or not or if I'm good at speaking good English or not buth I'm just focused on how to make the money and end up making the money, won't the end justify the means?

I sometimes feel that some of these ideal process that has been accepted by the majority of the people in the society as a part to be taken to greatness is too complex. I mean, we can just learn how to read and write and focus on how to make money. Those who want to become engineers can choose to do so but those that don't want to pass through those route shouldn't be seen as less of a person because at the end of the day, it's mostly all about money.

It's true, everything we do from childhood, whether it's going to school or developing ourselves, is aimed at making money, but everyone has a different path and destiny, how they make money, especially those who struggle hard in college, they study day by day and try to make money. graduating from a good university the goal is to get a job that gives them a good salary so all we do is make money.
but people who are educated certainly make better money than those who are not educated, so school and learning are important, don't let yourself chase money so much that in the end you don't make yourself more valuable through education, I currently have cute children, even though in the future they have to earn money, I will still send them to school, I will not make them earn money from childhood.
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