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161  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: June 08, 2024, 03:46:38 AM

Quote
Paris Saint Germain still owns Kylian Mbappé's image rights.

Well, they do not own the player himself anymore. What are they going to do with the image rights? And even if Real Madrid does not own the image rights of Mbappé, I am quite sure that they are going to solve that problem very soon. So there is no reason to make any big issue out of it at all. I understand that when some other club actually owns the image rights of a player like this, there might be some problems and they might use that for different purposes. But I am sure that PSG knows better and is not going to do anything like that because that will cause them more problems. And they are already in enough problems.

From what PSG is doing on Twitter, it seems like they feel they have lost a very important player because so far Mbappe has contributed quite a lot to PSG. PSG must remain professional because when their players have been bought, they must remain careful when they want to use Mbappe's image. At least PSG should not be sued by Real Madrid for violating copyright or other matters because their players have been completely purchased by Real Madrid.

It appears that PSG cannot stay away from mbappe. It is evident that the club continues to utilize his photograph which mean club still took benefit from player owner by other club. It means that PSG continues to benefit even if the club no longer owns him. Mbappe's situation is becoming increasingly challenging. It appears to me that PSG is unwilling to let him go and this is also has indicated it.

Glad to see Madrid seized the opportunity to sign him as a new player. I'm glad to see that Real Madrid has been performing well this season. It appears to me that PSG must also see this as a problem. If PSG now owns Mbappe, it would be weird if they retained Mbappe's image.
Is this implying that Real Madrid is unable to post anything using Mbappe's picture? It doesn't make sense to see that.
162  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: June 08, 2024, 02:06:09 AM



Finally, people's predictions were coming true since they were talking the possibility for conte to recruit lukaku. Napoli made its initial proposal for Lukaku but it fell far short of Chelsea's asking price and it was not making chelsea feels satisfied with it. Chelsea wants €38 million, but Napoli valued him at €15 million which is farrrrr below the asking price by chelsea. This is far beyond Chelsea's expectations. It is clear that Chelsea is unwilling to sell him; the offer was not even close to what Chelsea desired.

Napoli is a joke. He was thinking that Chelsea sorely needed money right now. Chelsea may be able to give Lukaku another chance to play in the Premier League as they await a suitable offer to deal with. Things have been quite challenging for Lukaku at the moment.
He has been hoping to play for a serie a club, but as you all know, serie a clubs are quite poor. They never had the money to buy him. They were constantly sending nonsense offers.
163  Economy / Gambling discussion / Re: ⚽ Premier League 2023/2024 Discussion Thread ⚽ on: June 08, 2024, 01:30:11 AM
Chelsea may not be sanctioned for breaking financial regulations caused by the latest news has suggested that. According to the most recent news, the EPL has failed to close the loopholes used by the team to avoid breaking PSR and chelsea as one of team that violated PSR rule has used the loopholes to avoid the sanctioon. That is what is happening with Chelsea right now and im feeling good chelsea will not be sanctioned by EPL.

Quote
It came after Chelsea had sparked outrage in April after the west London club sold a hotel on their Stamford Bridge site to one of their sister companies - in a bid to avoid breaching the Premier League’s profit and sustainability rules (PSR).
https://www.dailymail.co.uk/sport/football/article-13504665/Premier-League-clubs-vote-AGAINST-closing-PSR-loophole-despite-recent-backlash-Chelsea-Blues-sold-Stamford-Bridge-hotels-avoid-financial-rule-breaches.html

Well done, Chelsea. You will not be sanctioned by the EPL for breaking PSR because it can be prevented and other clubs who violated PSR as well. The majority of EPL clubs voted NO to the PSR loophole and EPL can do nothing since it came from majority of voters. I'm glad to see that the majority of clubs voted NO on this. The clubs that used that strategy to avoid PSG will not face sanctions from the EPL.
The EPL has failed to close the loopholes used by the EPL clubs.Cheesy

I believe that the city's PSR infractions may also be dropped too by premier league. It is due to the vote, which has defined the final outcome of any PSR case.
164  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: June 08, 2024, 01:16:16 AM
Vincent Kompany is not a mistake, Bayern Munich will push better for brilliant results and they've become one of the top clubs to withstand pressure. Believe me when I say, Bayern Munich will fire for excellent results and they're the best in Germany. Bayern Munich have come to the standards of elevating their club so appointing Vincent Kompany was probably the right choice for the club it's all clear when they're desperate for winning.

But the fact that they signed Vincent Kompany after receiving refusals from many other coaches (if I’m not mistaken, we are talking about 9) raises certain suspicions. I'm not saying he's good/bad (I don't have an opinion on him yet) but he certainly wasn't their first priority when they were looking for a coach. It is all the more surprising that the contract with him is quite long-term, but apparently there are clauses (about results) that allow it to be terminated early.

The management's inability to trust the manager has led to questions about other coaches' ability to lead Bayern and this is also making some coaches were thinking for twice before try . Remember when Bayern Munich fired Naglesmann by phoning him on his personal phone? Bayern Munich has done the same by instructing Tuchel to leave the club before the end of the season. This makes some coaches were taking a lesson from what happened to the him.

It raises a lot of doubts about how capable Bayern Munich is here. There is no doubt that numerous coaches were rejecting offers from Bayern Munich. It is due to the club's inability to support a long-term project.

They wished to receive the results as quickly as possible. The coaches are asking a lot of questions. As you mentioned, Bayern has been rejected by multiple coaches.

Xabi 
Naglesmann 
Tuchel


165  Economy / Gambling discussion / Re: UEFA Champions League 2024/25 Season on: June 07, 2024, 11:59:17 PM
With the arrival of Mbappe of course many think Real Madrid will be tough and difficult to beat, but hey this will not be easy for them the UCL competition is too fierce so there are no guarantees whatsoever although I actually give 50% for Real Madrid to win it again.

Real Madrid are the best about back-to-back titles in the recent times. They won the Champions League title for 3 years starting from the 2015/16 season. I wouldn't be surprised to see them winning next season too.  Smiley


Source: https://www.uefa.com/uefachampionsleague/history/winners/

Real Madrid have quite a big dominance in the list of most titles. Now they have Mbappe and their winning rate is likely to be even higher theoretically.  Smiley

Do you guys think any team will be able to find a solution to stop them? Who knows how many years it will take for another team to catch Real Madrid about the number of titles... There is no guarantee that it will happen too though.  Tongue

They will have no solution to stop the club that rule UCL. Madrid is at the top of everything as for now considering it has the best squad in the world. Which club that has a better squad compared to the real madrid at this moment? im only seeing that manchester city is the only club that has a chance to be equal compared to the real madrid at this moment.
Having mbappe makes madrid is slightly above manchester city too in term of performance. All of top talents were playing in the real madrid which is so amazing to see that. Im still hoping real madrid to make it again by winning.

Ancellotti is feeling so confidence his club will able to win UCL for the second time in a row this season. There will be no club that can prevent madrid from taking UCL again next season. It's not even bayern or barcelona.
166  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: June 07, 2024, 11:54:45 PM

Jose Mourinho is very interested in bringing other gula back to fenerbahçe on a loan deal from Real Madrid and I think that will be very good thing because Arda Guller can really learn a lot from the coach that will aid in his rapid development. Carlo Ancelloti can do this too for the player, but we know since Guller is not his first choice, attention will not be on him. He will have more assurance of playing time, and focus with Jose Mourinho and when he returns back to Real Madrid, he will be a more improved player than he is.

Mourinho certainly has an eye for a good player and Arder Guler is certainly one of them. But i don’t think Arder Guler has to return to fight for his positions there, he just left the club and going back will be like going to your comfort zone again to look for greener pastures. If at all he needs to go on Loan then it has to be to clubs within a different league so that he can garner more experience than returning back to where he came from. As for Real Madrid and Carlo Ancelloti I don’t think they will even let the boy out on loan, Kroos retiring has left some space ln the Squad and considering how Guler was playing with the little minutes he had after recovery from Injury. He just needs to be patient and fight at the club this season for his chance

He was an experienced player like guardiola and ancellotti, when he was eyeing a good player and it means that if arda guler is a good player. It has proven from how arda scored 6 goals from 10 matches with real madrid. It proves that arda is not only able playing well as attacking midfielder. He can also score like what bellingham did.
It sounds impossible to let arda to go to the fenerbahce as a loan but who knows. It's all totally depend on real madrid at this moment. The club can try to think the best for the future of him. We may be seeing the decision about him in the upcoming days.

Never try to feel so damn bad with it. Any decision related to the arda guler is the best for him. Im sure that ancellotti will also able to measure whether he must send his boy as a loan to the another club or keep him stay for another season in the squad.
Arda is having very big potential. He was not often playing in la liga but he has consistently scored in this game. it means arda is really commit with his
167  Economy / Economics / Re: Involve an attorney in your business dealings. on: June 07, 2024, 10:57:52 AM
this is truly essential if someone really trying to make business deals and we are talking about some not measly amount of money where if you just not diligent enough to know that there's term that can cut you off your rights you gonna get in the losing side later on.
there's always reason why the big company always have legal department because they know that every business need someone that knows well about law and will oversee the legality from many aspects, you know sometime some people just ignore the importance of lawyer to skim through their contract to save some pennies ended up in unfavourable side because they don't even understand what they are signing.

spending some additional money is worth it for anything that involves large amount of capital, only people that have thoroughly learned about law will know that some term is trying to give advantage to the contract maker.
to be fair you can always use AI these days but its not guarantee, just letting AI do all the work will never give you high accuracy of how fair the contract is, some AI only fed with outdated data, regulation always changes, the AI can be outdated.
its always good to have someone help you take care of the law and regulation related thing even more so if that person is knowledgeable about the law and keep being updated.
but yes you gonna spend some additional money so always take that into account.
168  Economy / Speculation / Re: BITCOIN will be $350,000 by August 25, 2024 - Robert Kiyosaki on: June 07, 2024, 10:32:14 AM
Since he is an influencer I think he tries to manipulate his followers to hoard more because something big is coming. For me this kind of thing is not that new in this industry. No one can really predict the market more accurately but as a crypto enthusiast and an investor we should have to prepare for it because anytime market will change especially if big players will ride on that and that might be an advantage for us to jump-in especially it is Bitcoin. Though $350k is somewhat impossible to reach that high this year but who know right?
i think its pretty common that some influential figure throwing around some random speculation just for the sake of garnering viewers and audiences, although the result is sometime disappointing there's nothing wrong i guess in having that kind of optimism. its just that some people take their speculation too seriously and considering it as a financial advice, just for the little warning that people shouldn't ever base their financial decision on some random influential figure out there, they always have ulterior motive at the end of the day, if tweeting doesn't benefit these influential figure they aren't gonna be tweeting a single tweet.
always consider these as just speculation and thats it and speculation mean it can be wrong or right no one knows its just an opinion based on some reasoning but doesn't necessarily guarantee the outcome to be the same exact prediction.

i mean warren buffet had his share of hate toward bitcoin saying its just a fad if i remember correctly, but he's probably wrong since it has gotten a lot recognition such as the ETF and so on.
https://finance.yahoo.com/news/warren-buffett-just-invested-1-163230481.html just see this article, the title itself is self explanatory, even an investor that is considered legendary like warren buffet has his share of wrong prediction about some certain thing.
so its pretty common for people to have mistakes, even this guy robert kiyosaki, he definitely being too overblown in his prediction, but he seems pretty optimistic that he's very sure his investment in bitcoin gonna turns out to be good, regardless the ulterior motive.
169  Alternate cryptocurrencies / Altcoin Discussion / Re: Tap Swap and other new projects trending on: June 07, 2024, 08:29:54 AM
the not coin is the cause for this trend and there has been many project using same reward mechanism that appear, though doesn't necessarily means its gonna have the same bountiful reward for the people that followed the tap program, as far as I know not coin could reach that high and that massive market capital because its supported by pavel durov, it ain't some random meme coin that suddenly rising so high, there are so many back up for that project even the team occasionally appear in conferences if i'm not mistaken.
it might not be as great in reward as not coin but may be worthwhile to try, i mean what could go wrong from tapping 24/7 probably you just get carpal tunnel syndrome and thats it LOL.
I prefer to just being the investor that i am and waiting for the price to tank and then buy it at the very bottom, that if the project in itself is a good enough project since i've seen so far project that clones other like this usually never ended up great. but considering the hypes it could somewhat reach half market cap of what not coin has been able to achieve.
not to mention that there are so many people using multiple devices farming using various means such as robotic hands and so on its crazy competition out there i don't think the average people gonna make some meaningful reward when there are too much participants.
170  Economy / Speculation / Re: The attractiveness of Bitcoin among my friends on: June 06, 2024, 08:59:30 AM
the fact that bitcoin right now is seen as legitimate investment honestly helps me a lot in explaining what is bitcoin from investment standpoint the presence of ETF is also such a huge help, when people ask how to invest bitcoin, i just answer find the meaning of what bitcoin truly is and head to the ETF, since its ETF, they should know before hand what risk these investment carries.
back than it wasn't so easy, everyone pretty skeptic about investment in bitcoin even to such extent of considering it just a temporary trend well turns out they are wrong.
honestly though I just never really feel like explaining such thing related to investment to anyone out there, its just feels like a burden later on when they encounter unfortunate fate of losing money due to fomo and I know well that even the most disciplined investor if they are faced with that information of other people making millions out of their investment they gonna get into the fomo train as well its just matter of time and greed.
that's why I just never really want to speak about investment at all not only limited to bitcoin though but even stocks, forex trading and so on it kinda saves me a lot of trouble moving forward, since pretty much in my opinion right now everyone know investment and they also know bitcoin anyway.
even the people in remote place are right now understand what cryptocurrency is, they already know it exists and it is an investment.

but speaking of the fact these past years have been truly a good year for bitcoin the fact that it climbed from low market valuation to this massive 2.6 trillion dollar market is already making many people interested so much into the world of crypto investment and we are still in the early stage of adoption, things just gonna get better and better along the way and i'm pretty sure of it.
171  Alternate cryptocurrencies / Altcoin Discussion / Re: Keeping your assets safe in the crypto space.. on: June 06, 2024, 08:29:24 AM
its telegram, discord and twitter quite literally infested with scammer these days and what worse is that these scammer used some sophisticated method that could trick so many newbies, honestly preventive measure need to be implemented to some of the wallet that have capability to interact with the dapps.
just try joining some discord or telegram channel like as you said, the first second you're sending message to some project channel that are quite popular, you get dmed by scammer and its not just 1 message there are probably tens of message going through your DMs which is crazy.
as I've seen even when the moderator of such channel are trying hard to ban those scammer, they just seem to have unlimited ways to create new accounts which sole purpose only used for scamming its crazy.
the best way is just to never interact with whatever link those people that dmed us are sending, they are definitely just some random phishing site, never I see once a moderator dm ing the people first because its like common sense right now for moderator to not dm someone just for the sake of preventing being accused of scamming.
there's no real solution to this as of now.
as much as I want things to get better and there are solution to prevent scammers from scamming people, these scammer are akin to cheater in online game, there will be no end to this, our only action to prevent ourselves from falling into victim is just simply educate ourselves better.
now that there are scammer trying to steal our money by the dozens.

for me though, i personally never get scammed even once, since i just never the person that trust easily even more so with some random too good to be true offer popping out of dms out of nowhere.
172  Alternate cryptocurrencies / Altcoin Discussion / Re: What's Your Take on Celebrities Backing Memecoins? on: June 06, 2024, 08:06:18 AM
You know what's in my mind whenever I see some celebrities or any influential figure out there trying to promote a coin, the very first thing that comes to my mind is that they're probably getting paid for shilling the coin, regardless of the outcome, they just gonna shill it, there's also certain famous people out there shilling for random shitcoin and then getting legal problem later on.
therefore I just never trust whatever a celebrity is shilling honestly, just can't get myself to invest into something that obvious just full of marketing stunt, maybe in other people's eyes these celebrities giving a shootout for certain coin increases credibility of the coin but for me it does the exact opposite that I just lose my will to invest.
i better off looking for some underrated gems in the dexscreener rather than following some random celebrities which i'm pretty damn sure that their sole purpose of shilling is to make money as well, at least with new underrated meme coin with 100% allocation goes to the community it start out with a fair game where if everyone want to profit they should be buying from early in the dex. other than that its not a fair game.
therefore my take is that i just don't trust them enough with my financial decision to give them any influence on me.
at best it just giving me information which i'm gonna do some proper analysis rather on and decide whether its worth investing into or not and then just ignore it.
never a fan entrusting my financial decision and taking account these celebs opinion to influence my portfolio anyway. I know for a fact that i'd rather bet on my own analysis than rather betting on the obvious paid shill that they are.
173  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: June 06, 2024, 05:43:35 AM

Never expect Manchester United to be interested in Bournemouth defender Kerkez caused by his performance is getting a lot of attentions from the football veiwers.  His performance last season was fairly good in helping his club to keep stay in the premier league. given how consistent he was in defending their club against the opponent and helped bourne to leave from relegation zone. I think Ten Hag should review this as well caused by the club needs to take more candidate as a comparison to him. Kerkez is a good talent, but it would be better for United to focus on a player who can outperform the existing defense and the defender must be also having better quality than him. I strongly believe in it. .
United has not yet pursued brant from Everton. The better for Ten Hag to make a priority aim before he looks to sign further quality for the squad. Ten Hag is working to improve United's performance next season.

He needs to strengthen the club so that United does not repeat last season's results but ten hag needs to find the funds first. I'm still hopeful Ten Hag will do something for this.
174  Alternate cryptocurrencies / Altcoin Discussion / Re: The main problem with ETH... on: June 05, 2024, 08:34:22 AM
it definitely has it flaws, but the layer 2 has done helped the scalability to some extent by offloading the transaction to these layer 2 blockchains which in result after the introduction of blobs to replace calldata proven to help reduce the transaction fee significantly meaning the attempt to scale further the ethereum blockchain is somewhat successful though occasionally when there are sudden flood of transaction such as when there's airdrop claiming event and so on, the fee get back up again. at this point I think the problem in regard of scalability almost solved.
What are your thoughts? Does ETH have a bad network design? If not, why? What do you think would be the best approach for scaling ETH (aside from centralized L2s)? Your input would be greatly appreciated. Thank you. Smiley


And that is why the Layer 2 solution was first created on the Ethereum network due to its scalability issue. They have added so many upgrades to the network that I cannot remember but those have not been effective. The transaction fees are still high and that is the reason why the BSC chain became popular in the last bull run and the next in line will be the Solana network as that is what I can forsee. A lot of new crypto projects are now using other blockchains that are cheaper, faster, and can handle congestion or they are using a layer 2 solution.
the perk of being latecomer they can easily find the weak point that they can improve on in releasing the next iteration of the smart contract based blockchain but being the first ever smart contract blockchain as ethereum is that you just don't know what kind of problem gonna be appearing next that could possibly congest the blockchain. so can't really blame ethereum on falling short on certain capability.

at the end of the day ethereum still got that advantage of matured ecosystem overall which many new blockchain can't imitate or come close to.
hopefully next upgrade there will be many surprises that could help significantly in improving ethereum scalability.
175  Alternate cryptocurrencies / Altcoin Discussion / Re: I Messed up with my Notcoin on: June 05, 2024, 08:06:04 AM
its quite common with these coins that have massive airdrop the whales aren't buying your dumping at high price they are waiting until people dumps their price to oblivion, you know what, the exact pattern always happen to the coin that got listed in binance, the first one I observed is $ENA with their massive dumping in the first hour of listing the price around $0.4 later on it climbs high to the price of around $2, same scenario with BB, NOT and many more, you just don't dump your coin when quite literally everyone else is also dumping because that means you should be grateful selling your coin undervalued.
I guess this can be a good lesson for you not to get fomo'd easily since that is exactly what the whales are looking for in the market.
but you should also remember that regardless of the price where you sell its still a good free money just doing some fairly easy task you already rewarded handsomely.

what I noticed from this not TGE though the ones that profited handsomely are the people that bought the NOT voucher at the early phase and make really good profit out of it.
despite the fact that there are rumour about irredemable voucher but so far had anyone who bought the voucher sold now they already pocketing grands.
176  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing wisely in memecoins can give you returns. on: June 05, 2024, 07:29:41 AM
Personally the strategy into finding out the best meme coin in the market that are relatively new is so obscure that most of the time its pure speculation with no analysis whatsoever, being followed by influential figure isn't necessarily means its gonna be great investment either, for all I know the jungle doge has been going down literally from 0.0002 to 0.0000007 in may 24th which is crazy.

though fairly speaking if we are talking about weekly price chart then yes it climbs up 300% but still that sudden dump isn't a good sign regardless.

so far from my experience its just all about how many shots you can give into trying out investment in some of the meme coins, with better capital it will means better chance that you will find one that could make up your entire loss and even surpass it sort of just betting on some of them and hopes one turns out well.
personally with the fact that big VCs are pouring it some money to the more well known meme coin anyway i'm probably will not get swayed into investing in newer meme coin unless its just some small pocket change and use it for fun i will have no problem.
but for an investment that fairly big, i will probably rethink my decision, if we are in the early stage of bullish however, its entire different situation.
177  Economy / Economics / Re: Would you prefer getting a loan for a startup or getting an investor? on: June 04, 2024, 03:08:17 AM
Taking a loan to start a business from scratch is a huge risk because most businesses takes minimum of five years to stabilize. Depending on the nature of the business, the first few years are always full of trial, surprises and a lot of things that can make the business fail. Imagine taking a loan and the business fail, that is depression knocking at the door. Most loans I see in my country matures in three years and at most five years. In this case, the possibility of defaulting on this loan is high which is not good for a new business. Therefore, I will prefer pitching my business ideas to investors on the agreement of a share of the business. With this, I will not be under any pressure to repay loans that the profit form the business cannot even carry. 
startup usually on the side of a faster pace its unlike conventional business usually when there's MVP or product available it can go straight to the marketing trying to find as much user base as it can and then capitalize that amount to find an even bigger investor for the founder to increase the wealth and company valuation, I think they can eliminate the need to stabilize business, i mean current startup business model entirely depends on the massive money burning for gaining impressions and users anyway, its all about building brand that they can later on sell certain portion of the shares to the biggest investors.
so really in we are talking about the reality of building startup taking a loan won't cut it, thats not how most of the start up work, loan only works if we are building conventional business that requires scaling only then taking loan make sense.
but yeah, sometime loan just can be the worst idea ever when things are so uncertain we don't know what the direction our business gonna be taking.
its by far the most volatile and uncertain way to grow business but also the easiest way and the most profitable way to profit later on, no need to share the profit with anyone else.
i guess it just follows the common knowledge than the higher the risk the higher the rewards.

nonetheless, loan needed for a business also usually huge, there's no big money for people that aren't trustable by the banks so its another problem we need to face if we truly going down the path of getting all that profit for ourselves.
178  Economy / Economics / Re: Hunger in a country known for agriculture. on: June 04, 2024, 02:43:01 AM
Yes, even though Nigeria has sufficient land for the agricultural sector, in fact hunger still occurs in the country. and of course this can happen not without reason, recently there have been frequent changes in the climate and average temperature in the country which can affect agricultural conditions in the country so that agricultural yields decrease and some even experience crop failure. On the other hand, infrastructure and distribution development to support increasing crop yields in the agricultural sector is still lacking. So even though Nigeria has quite extensive agricultural land, this land is not utilized as well as possible, some farmers still rely on rainfall to be able to grow crops. so that when the dry season arrives, they will never be able to plant crops.
its definitely have to do with the unoptimized yields, relying on rain fall means there'll be fewer harvesting there should be large investment to the agricultural sector since there is abundant of resources to be taken advantage of, but it is also at the same time not gonna be easy thing to do, the thing that holds back most of developing country is the corruption, the money that is supposed to be invested could instead vanish into thin air due to corruption if not taken care of properly.
if only the money can be taken advantage of properly i'm sure country with abundant resources and fertile land can easily overcome the hunger, just multiply current yield with all that investment and you will see that it can easily feed the whole country, since its more likely that people in developing country are still interested in agricultural sector which means huge manpower to take advantage of to plant various basic foods.

what matter most at this point is a clean governance system as well as proper management of agricultural sector in order to boost the yield thats it.
just that i'm sure hunger in the country will be gone in no time. although we all know the countries that actually making money is the one that's revolving around industrial sector with product that have added value, eventually if you can solve hunger you can get to that level as well starting industrial trend in the country.
179  Economy / Economics / Re: Is it possible to pitch a Bitcoin investment idea and gain backings? on: June 04, 2024, 01:53:01 AM
isn't it what literally those fund management companies or investment companies that manage the money on behalf of other people's wealth exactly doing, they just pitched the idea of earning passive income from investment usually without disclosing the investment that they are trying to invest but their point is that they promised capital gain from the investment plan they offered.
i'm sure individual can do just this, doing this to your own family pitching them with ideas for investment the thing that you should know beforehand though what if things went wrong and you lost money instead.
you should also responsible for their losses as well since literally you are the one that manages the fund and the one that exposes the money to risk for the sake of generation that share of profit. so definitely you will be at blame if anything happened to the money.
that's why not many people have the will to pitch such investment idea, because the market never linearly going up most often time it has flash dump or correction.

even worst if you pitched the idea with the promise of high yields, often time it leads to more problem with that unrealistic gains and trust me nothing good gonna be coming out of it, better you invest by your own and let other invest by their own.
180  Economy / Trading Discussion / Re: I quit binance futures trading and i do now only solana meme coins trading on: June 03, 2024, 05:22:16 AM
its good that you finally find something that you can make profit in, there's nothing wrong with trading meme coin as long as you know the risk carried with investing in some random coin with chance of rugpulls which fairly speaking can be mitigated easily by just observing the contract code whether it abide to the standard protocol and also finding out more about the meme coin but there's always chance that some of the meme coin creator are pulling some string to dump the meme coin when there's liquidity available in the LP draining them all in one fell swoop.
just be careful that the narrative might change, the meme coin trend might switch from solana blockchain to another blockchain nobody really know but usually after certain time it will switch.
so far seeing from dex screener there's indeed many meme coin still being generated and some of them are having good gains but you should also understand that the reason you can make profit in meme coin is because someone also losing in the trade probably buying the coin at peak which then become your exit liquidity same thing with future, its actually just the same thing different name only.

whether its meme coin or future trading in my opinion the risk carried is the same, you usually can find the same pattern like meme coin with new alts that just got listed where they are still in price discovery stage anyway.
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