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181  Economy / Trading Discussion / Re: How to handle emotions when you lose during trading. on: April 17, 2024, 12:18:12 PM
However, I think people who are prepared for the risks of trading, and using money they are willing to lose, are probably people who can control their emotions more easily than people who are not prepared for that. Apart from that, the most important factor is not to overdo trading. Don't take too big a risk with the hope of big profits. However, prepare for all the bad things that could happen when trading, that way you might be able to control your emotions more easily.
its always money that can be afford to lose that give ease of mind, I mean its still the same losing money and there's no harm in having much more money whatever amount it is but when we are just putting the money thats just excess of our savings or salary, if things goes to worst, we don't get overly burdened by regret, we could always make up for it later on.
its those people that use their entire life saving where they gonna need this money eventually that gonna have hard time controlling their emotion, just imagine people that putting their entire life saving that supposed for their retirement at stake and then suddenly market dumps, they'd definitely become panicky afraid of losing their money and make haste decision of cut lose even though its just normal price correction.
that kind of person is the one that gonna have hard time controlling their money I think, because in their consciousness they know they can't afford to lose that money and if bad price correction comes to play they gonna instantly think of getting doomed, always remember guys, to never use money we can't afford to lose.
182  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 17, 2024, 12:10:15 PM
Of a truth, I actually thought it is over for this psg side as Barcelona took the lead, but a quick turn of events change everything about the match, and into the favour of psg, though the Barcelona fan would be feeling hard done by the red card,  but to me it's deserving because he was the last man, but a big congrats to psg for qualifying for the semi final of the competition.

And as for atletico madrid, I just don't know what transpired behind closed doors that makes them performed so badly yesterday that got them eliminated, because after the first leg, everyone believe that they are going to progress to the next stage of the competition due to their record of having the ability to hold on to their leads, but that wasn't the case yesterday, and they paid for it dearly.
I think Barcelona have lost their way since getting the red card, this is what makes PSG more confident with the advantage of 1 player, they are actually enthusiastic or ambitious to win at Barcelona's home ground. Yes, of course the supporters were very disappointed with the result, I thought Barcelona had shown their best game but fate said otherwise, I saw that PSG was ready technically and their players were on fire in last night's match. I was quite surprised by Dortmund's achievements, Indeed, they are not very superior, but they are confident because they are playing at home, every pass they make remains targeted at their players and their players do not waste the opportunities in front of them.

Playing with ten players against PSG was disastrous for Barcelona. The red card is the key that broke Barcelona's focus and it was working caused by mbappe has none who guard him and cubarsi is nothing in this game, he needs to learn a lot. Many people have discussed this, and the referee's decision was completely correct in that since it was PSG's last player and araujo was doing something bad for the club, he has successfully made its opponents get very big advantage caused by barcelona must have plaed with 10 players only. PSG got so many opportunities to score.
Barcelona deserves it, and it's still unclear whether Xavi will stay or leave the club. Xavi is a terrible coach because he is inconsistent with his statements. It appeared to me that failure in UCL would also push him to leave the club.
Come on, xavi! The better if you leave the club and join a good club that can provide good financial opportunities, such as Newcastle. I strongly believe Xavi will join the EPL in the coming season. Laporta may be having difficulty finding a new coach willing to take on such high pressure.
Barcelona loses in the UCL, which means that the opportunity to raise additional funds to assist the club's finances has already passed.
183  Economy / Trading Discussion / Re: Trading Leverage on: April 17, 2024, 11:57:26 AM
leverage still being offered by many exchange or trading platform because people like it, they can make quick buck out of it from the slightest price movement ever, aside from the fact that exchange also make money from it.
but so far I've seen so many trader using leverage feature with lower capital to use, I guess it works like safe keeping their money form being used entirely just for one trading activities I find it rather quite effective, just leveraging 25x 3% of your money if worst come to worst you only lose 3% of your entire money but spot trading with entire capital if market take a hits your entire capital take a hits too even though its not lost 100%.
at the end of the day, both have their own advantages, avid trader that trades daily usually uses leverage far more frequently than the other people I presume.
so yes it might be dangerous but it has its place among those people that likes volatility and like to speculate, just remember though high leverage only gonna work for people that knows how the market acts.
184  Economy / Trading Discussion / Re: Trading is not a lifetime job. on: April 16, 2024, 03:42:03 PM
Basically, I agree that trading is not a lifetime job, because trading has a lot of risks. I also suggest for people who want to try to focus on trading to have other income, whether from work or business. However, when you are successful in trading, don't forget to develop the business you have, or build a business to earn other income. I think that trading is not suitable as a job for life, but it can be an income that can encourage us to achieve financial freedom by using profits from trading to support the businesses we have which is suitable as a job for life
to be trading for entire life, definitely can be done, the question is, are we really have the will to trade until our entire life? considering that trading is exhausting activity where having mental stability is matter a lot.
many people don't like trading as a job for the lifetime because its just not really an activity that they are looking up to.
they just want some good easy to do job when they are already old, with trading, even if we are making money and im talking about good money, there's still a big chance that within few times forward we might lose a money due to volatility, definitely can't do that when we are old enough.
185  Economy / Trading Discussion / Re: What people some people don't know about trading on: April 16, 2024, 02:36:56 PM
generally those that already make profit in trading probably have experienced some loosing so that they can see pattern of the market.
I don't believe some random people could just be trading and making massive profit out of it, the market is too aggresive to be that friendly to be honest.
trading as usually, require massive commitment and will to read the market without that it can almost be obvious that we just gonna lose the money.
much more when the market condition is like this whereas there are too many price swing that could cause us lose money especially if we are trying to trade futures.
I have seen where people say trading is a quick to get money.

But I see it differently. Rather, trading is a place that shows those who work hard, put in consistency and are ready to learn and those who think they can outsmart their way in.

Those who earn massively in trading are those who have dedicated 1-2 years of their time to learning a particular skill to perfection.

So, how can you earn 50-1000k like them if you didn't put in the work?

I've come across many videos on social media by professional traders and obviously the impression they're giving is that trading is get rich quick money scheme, which is not true. They make it look so easy by feeding their audience lies that within a month they can actually gain mastery and earn up to $5k. Perhaps, the end goal could be to get the subscription fees from them. Newbies should not be deceived, trading is not ABC, it takes time, patience and hardwork to learn the ropes.
its always subscription or course money from people that they aimed, never any other.
186  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: April 15, 2024, 04:50:24 PM
It would be a matter of pride if Bayer Leverkusen would also win the UEL trophy because it seems like their strong rival Liverpool is not that convincing. Liverpool just suffered a defeat in the EPL against a mid-table team and also suffered a defeat against Atalanta, so it is very likely that Liverpool can be eliminated by Atalanta in their second meeting and Bayer Leverkusen will not have any difficult obstacles in winning the UEL trophy.
I think losing 3-0 at Anfield in the UEL was a big shock to Liverpool. This week, they lost at home in the Premier League match. 2 defeats in a row caused great demoralization in the team. That's why their chances in the match against Atalanta are very low.
It might be klopp who burdened with the result achieved by liverpool against atalanta at anfield. Klopp decides to start salah from the bench which is a blunder for liverpool. I see no chance owned by liverpool to win the game if atalanta will be once again building another big wall.

Liverpool must have fully played offensive in the second leg or it will be dropped out from europa league soon. I expect nothing from the second leg. The gap is too big and away game.

Perhaps, situation will be worsening with atalanta adds more goals against liverpool. Liverpudlians shall go away from their devide to unwatch the second leg.
187  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: April 15, 2024, 04:41:20 PM
Leverkusen has not stopped yet in breaking a new record. Leverkusen won the title after it was doing 43 consecutive games in a row. This record has ever recorded by juventus which was happening more than a decade ago.

Note: Leverkusen has more games to come and we can expect leverkusen to surpass juventus's winstreak. Im expecting leverkusen to win all of games in bundesliga.

Xabi and his team will also break world's longest winstreak record by juventus and it will be a team with the longest win streak records.

Xabi is not only bring trophy to the club but he is also helping bayern leverkusen to make a new record that will be so hard to be achieved by other clubs.

Quote
The Bundesliga side won the domestic title for the first time ever and have remained unbeaten for 43 domestic games.

As highlighted by Sky Sport Italia, Juventus achieved the same between 2011 and 2012 across two seasons under Antonio Conte when they won two Serie A titles and set a new record for points in Serie A (102). It’s the longest unbeaten streak in Europe since 2000.

Juventus and Bayer are followed by Celtic, who didn’t lose in 42 consecutive matches between 2016 and 2017, while Inter managed 40 between 2004 and 2005.
https://football-italia.net/bundesliga-champions-bayer-leverkusen-equal-juventus-unbeaten-record/

Even some italian sites were also comparing leverkusen to the juventus's prime era. Well done leverkusen.
188  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 15, 2024, 04:30:28 PM
Actually this is only about the experience and success of Xavi giving a strategy to the Barcelona players to complicate mbappe and succeed in the 1st leg match Mbappe failed to score in the match at that time because the Barca defense player tried to focus on the movement of Mbappe and continued to provide obstacles for difficulty scoring..
Barcelona can be sure to qualify for the semi -finals in the second leg match because mentally PSG will experience a decline and confidence PSG makes it difficult for PSG players to focus on competing optimally.
I had heard before that Barca would continue to try as hard as possible to be able to qualify for the final round by using strategies such as giving difficulties to the opposing striker like that time against Napoli who rely on Osimhen but also could not score and it was all the strategies used by Xavi when this.

All of that was done because Xavi realized the lack of players became an alternative obstacle and way to continue to try until the final round was only by using various strategies and strategies used today always succeeded in providing satisfactory results.
I do agree that Barcelona has a bigger advantage, because it would be home game for them as well, they managed to get a win at away game and that is why I believe that we should probably consider the situation to be sensitive.

Here's win probability for the upcoming match of barcelona in UCL.



Several factors that support barcelona to win the game

- Aggregate
- Capable players (I remind you mbappe did nothing when he was one on one against cubarsi)
- Home game

Odds

Barcelona @2.23
PSG @3.00

It's obvious that i will pick barcelona in this game consider all of factors are supporting barcelona to take three points from its opponent.
These factors are enough in helping barcelona to repeat the same result like the first leg. Im not expecting barcelona to win the gam easily but there may be a dramatic match between PSG vs barcelona.

I believe that we are going to end up with Barcelona going to semi finals unless something major happens. Even Mbappe can't make PSG win all by himself, of course if Barcelona plays horrible then we could see some changes, but I believe that they are not going to be that bad, I believe that they are going to be decent and we should consider them to be doing a lot better. This is just a guess and I believe that betting on Barcelona could be profitable, that is what all the possibilities shows right now.
PSG can only rely upon their miracle to get into the semi final of UCL. Winning home game against barcelona is something amazing to be done by PSG at camp nou. Barcelona is still reaching its peak performance too. It makes sense if barcelona being favored to win the game rather than PSG.
PSG was unable winning home game against barcelona, how can team win it at camp nou?
189  Economy / Gambling discussion / Re: ⚽ Premier League 2023/2024 Discussion Thread ⚽ on: April 15, 2024, 04:20:41 PM
I won't get surprised if Arsenal throw away their Premier League title chance once again. They have already given the advantage to Manchester City in the standings by losing that game. Arteta has made a big progress with this team since he joined maybe but they are still unable to complete their main target I'm afraid.  Sad
Im surely believing that if arsenal and its fans will be mocked once again by other club's fans. Don't you remember what arsenal did last season? They got everything they need to win the competition but they were bottle jobs at the end of season. So, same situation is happening here. Nothing surprise when it comes from arsenal.
That's why arsenal has been known as a bottle job club.


Aston Villa were of course a tough team to beat on paper but we were still talking about an in-form Arsenal. They got the worst kind of a result. Manchester City have waited for this moment patiently and finally taken the opportunity to take the lead. From now on I started believing in Arsenal and Liverpool less to break Manchester City's title streak.
Well, arsenal is mentally destroyed caused by it was unable winning the game against bayern. Arsenal's burdening now with so many hard fixtures to come. I believe even pep was not expecting liverpool and arsenal to lost in the last match against palace and aston villa.
Pep needs only to push his players to win all of remaining games and city is back to back champion.
190  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 15, 2024, 04:09:44 PM
It's hard to guess which team that will be winning the game accurately. But according to the latest odds from stake.



City now has less than 1.50, when it used to have more than 2.50 because it was in third place below liverpool and arsenal, but everything changed in a matter of a week. Bookies have been changing the odds a lot, and Arsenal's odds are now approaching five even liverpool more than six. Liverpool and Arsenal's odds are likely increasing even higher if City continues to win games remaining games.
It's difficult to believe that the last matchday has determine dthe winner of this season. I recall Arsenal being in a similar situation last season and club will be trophyless once again. Many people will congratulate arteta for his flop season once his club will not get any trophy again.

It's hard to believe that Manchester City will win the competition again soon. Despite the fact that the city has six remaining matches, I am confident that it will achieve this goal soon. The club has a winning mentality and easy fixtures, which will greatly assist the city in achieving full points.
What are your thoughts on this? Will the situation change again? or will we maintain our current standing until the final match?
191  Economy / Trading Discussion / Re: How to handle emotions when you lose during trading. on: April 15, 2024, 01:43:48 PM
My best strategy for controlling emotions is the extent to which I'm hurt when I think that something better is waiting for me later that I've lost it.And I always believe in this concept that one should never be weak, always have courage and be ready for the next destination. And I must gain something better than what I have lost. I always believe that emotions will be in our control if we think about it. And if you can control your emotions, you can achieve everything.  Because emotions always keep us immersed in bad things and prevent us from doing good things
overwhelming emotion indeed could affect us in a bad way, there's reason why having crippling anxiety is a bad thing and need to be treated, same thing with emotion that could influence our decision, sometime when we are angry, we just can't think by logic but instead by feeling and thats a bad way to get broke eventually if we keep up making decision without logical approach, its always thing like this that causes newbie to just disregard whatever best trading practice and just bet their lifeline on their last attempt of making profit which in turn making them go broke so bad they just decided to abandon trading forever.
in my opinion though handling emotion when losing is easy, just accept the lose streak and move on there's nothing much you can do here, losing many times doesn't mean the next attempt gonna have bigger chance of win, its all the same odd and this sometime causes bias towards many people that thinks if they lose so much eventually they have bigger chance of wining, this doesn't always hold truth.
192  Economy / Economics / Re: Debt Management. on: April 15, 2024, 12:59:11 PM
Sometimes debt agreements must be paid at the right time, and if they are late there is usually interest that will increase over time, and there may be people who borrow money and then pay it in installments like once a week. If we have borrowed money then we should pay it because it is an obligation. If we borrow money from the bank and we can't pay it back, we might be in trouble. It's like the person we're dealing with could come to our house and talk to us about the debt that needs to be repaid. 

I agree with you, loans do help our finances, and we take loans because we need money either to fulfill our needs or for other things.
I fully agree with the statement but out there some people just don't grasp that responsibility that they are having after getting some loan from other people even from some institutions too.
personally I just never have the urge to have some debt, because it just doesn't really give me peace of mind in the long run I mean living with a big debt gotta feels really uncomfortable I mean working just to pay debt, getting our wage cut down to just half every month is just a big no for me.
but its also understandable that if taken advantage properly these loans gonna be lifesaver, but as a human we definitely have the desire to take up on a loan for something that we really don't need thats where financial discipline and education comes to play.
we should just try to calculate the weight of our debt for the long run using our knowledge in regard of financial and economy knowing a good debt and a bad debt, the bad one are the ones that just unproductive debt, just gonna burden our financial condition in the long run.
193  Economy / Trading Discussion / Re: A trader lost over $1 Million + on Binance Feature trading on: April 15, 2024, 12:36:11 PM
the risk that accompanied with future trading, if you got rekt then you're rekt for good there's nothing that you can do to prevent yourself from losing meanwhile with spot trading people can just wait until next opportunities even if it took years so long someone can get their money back from the unrealized loss, they're fine, thats the perk with spot trading but definitely not with future, high leverage means you lost your money faster, not to mention that the market keep having price swinging means we are really vulnerable to losing money just within a blink of an eye, but people still favour future since as I've observed many people only allocate 1-3% of their money to future trading only the reckless ones are just going full to the future trading with 25x leverage like above that gonna have miserable end, but also could have really lucky trade if the coin somehow increases.
but overall, is it worth getting that small chance of becoming riching within a night by risking entire wealth in one go? I think not.
over leveraging is just reckless in my opinion.
194  Economy / Economics / Re: If being a graduate is the key to being wealthy, why are there poor graduates? on: April 14, 2024, 01:41:27 PM
Finishing your studies is not the key to achieving success in life. It is just the first step that you need to build yourself and help you prepare for the obstacles that may come to your life. It's one of the weapons you can use to fight with the reality in life. Now, once you graduate, it is up to you how you can nourish the things you have learned to improve yourself and become a better person who can bring you success and wealth. Some still fail even after achieving and learning a lot in life, but the key to managing on continuing the journey to be successful and wealthy is to never give up and continue to try again.
there are so many people that thinks the world owes them and they will get job automatically after graduating thats definitely not gonna happen, earth populated with billions of human among those billions hundred of millions must be alot more better than us therefore we are nothing special and how to be in the top 1% by working hard and keep improving our skills if we are taking the career path or if we are more into entrepreneur we should strive harder in building the business, having a degree is good for us as basic starter but nothing more than.
therefore the whole idea that graduating from the university will instantly change our life around is definitely just an empty words.
just like how we are building wealth there's just simply no shortcuts unless we happen to graduate from the most prestigious university there is maybe we will have privilege to have smooth career path.
195  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum will still be my choice this year. on: April 14, 2024, 12:55:01 PM
everyone knows that ETH is the best altcoin and investing in ETH is the best investment. ETH has been able to become the king of altcoins for the last few years and I am sure that for the next few years or even forever, no one will be able to beat ETH. But there's nothing wrong if you also invest in other altcoins, especially big altcoins like BNB.
aside from the massive shill from your statement which is not wrong to be honest, eth is indeed the king of altcoin, but to call it best investment of this year probably is overexaggerating i mean solana is up by 20x right now, ethereum is just 2x even less, but I think its already good enough for investment anyway, seeing that there are pending ETF i expect that ethereum gonna rise and become one of the most profitable investment, i mean the fact that ethereum market cap is far higher than any other altcoin out there even higher than stablecoin with the most market capital there is speaks volume about the well being of ethereum.
but I'm also gonna bet my money on the other coin thats just as good but still underrated, i'm no fool to invest in just one coin for this bullrun, consequently there will be increase in the risk of my portfolio of investment but its still fine for the sake of gaining a lot more profit.

Investment is not only related to the assets chosen but also the right market momentum to maximize the investment made. but there is no doubt for ETH assets. they have a huge market, there should be no hesitation in putting your money there. it's just that we have to wait for the right moment. a slight decline is not necessarily a good opportunity to buy, we have to analyze the market to get a good price for us to enter.
a slight decline is a good opportunity to buy if we are patient enough, whatever price point we get in if at the slightest decline we are already overthinking so much that the market will be doomed, we just gonna make reckless decision of cut loss.
196  Alternate cryptocurrencies / Altcoin Discussion / Re: Here is why people make money from Airdrops on: April 14, 2024, 12:39:08 PM
The impact it gives to the project itself is the distribution and expansion of money on them. The airdrop people are the ones giving the exposure to it when they're able to make some money of it. And the money that's being distributed by it don't actually comes from the developers but from their partners including the exchanges. I see a lot of profitable airdrops today but none of them I was able to participate.  Cheesy
its also to decentralize the capital which is distributing the token so that it increases holder if a coin has very few holder usually it will tank, nobody is buying it because it gets controlled by whales so they are doing this also marketing stunt at best but definitely a good thing for those airdrop hunters that eager to find some airdrop, the truth is, nowaday airdrop always require certain task to be finished unlike the old days where you just can claim or something like that nowaday they require staking money, unless you have big capital its more likely that you get peanut, the exception are with the ones very few project like etherfi where they give tiered rewards so that the small fries could get some share of cake and not too little at that but overall the strategy has shifted from social media promotion to just money staking.
I don't know what benefit the devs gonna get from urging people to stake money though but if they could get APY from certain staking platform, they probably can make good money from it.
because if we looking at most of project that requires staking they usually hits around hundred millions worth of dollar which is huge.
197  Economy / Speculation / Re: New ATH hit. Anyone, ever bought BTC, is now at profit. Welcome to fraternity... on: April 13, 2024, 12:49:11 PM
BTC seems to be gearing up for some action. It's hard to predict which way the market will swing, so I'm just sticking to my regular investing routine. Every time it hits a new all-time high, my investments look even better. It's well-known that there's typically a dip around the halving, followed by a gradual recovery over a few weeks or months.
this statement holds truth usually when halving happening, people are selling for the sake of following the saying "buy rumour sell the news" so its to be expected, halving honestly just like previous halving not gonna give big impact but usually it gets followed up with series of rally until there's a really big pump happening out of the blue that caught people off guard.
but there's no guarantee that things will be the same though I mean the previous bullrun wasn't as fast as this one around where we hitting all time high and surpassing it beyond the trajectory of the predicted price of bitcoin by many analyst.
things might be different, the halving might give some impact, because people are so anticipating this event the main reason why people buying bitcoin in bulk is because they know that halving is near.
but we will see whether this halving gonna be any impactful towards the price of bitcoin anything can happen, but if the price is dipping i'm already readying some money for the sake of buying the correction.
198  Economy / Economics / Re: Is space mining creating market differences and on-earth-inflation? on: April 13, 2024, 12:35:08 PM
we haven't been there yet to estimate its effect towards the earth economy but im expecting that it might create market differences if the cost of transporting and mining and the raw materials it produces far outweight whatever it is in earth, the key term is whether its cost efficient enough to make a profit and whether there are abundant resources out there to mine.
space mining could only work if its cost effective enough, but we haven't invented anything that could support the space mining as for my knowledge.
even transporting interplanetary materials take so much money, sending rover to mars already taking so much money i don't think its viable enough as of now until we finally found new technology that could
cut costs such as spaceX's reusable rocket only then its gonna be affordable enough and still make profit otherwise i'm quite pessimistic that its gonna be done around this century anyway.
199  Economy / Trading Discussion / Re: Does trading belongs to everyone? on: April 13, 2024, 12:12:28 PM
Trading is just there; it's up to us if we recognize it positively or negatively. That means, since "Trading" cannot speak, anyone can try it or enter it to do trading activity. You have an interest in learning about trading; of course, you will study it and learn it 100%.

And if you just take a look at trading and realize that you don't really have an interest in learning this lesson but you want to earn from it, it turns out that you are just gambling, thinking that you might get lucky, which is the wrong way.
the thing is that some people just don't have the aptitude to trade, you know some people are hot headed where the other are sound minded or at least calm, that might be fundamental difference that might turn into disastrous trading carreer along the way, hot headed people have that behaviour of just going all in because they are tired of losing streak and want to make up for their losses which in turn might make them broke.
if someone have the aptitude to trade, then they gonna be among the calmest person there is, making decision on their trading career based on the data and then make decision according to the result of their analysis.
thats why trading might not be for everyone just like how other profession might not be for everyone as well, a surgeon can't be a surgeon if they don't have nimble hand and extensive knowledge that not all people out there can even remember let alone undertstand, so I do agree trading doesn't belong to everyone it just belong to specific, persistence, strong willed, logical people out there that make up probably small amount of the population.
200  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: April 13, 2024, 12:00:19 AM
Atletico Madrid vs Girona is a challenging match. Atletico Madrid is fighting to maintain its place in the Champions League zone, while Girona is also thinking about the same thing. Both teams are trying to avoid defeat, but Atletico Madrid has big ambitions to stay away from Athletico Bilbao, who have a gap of 2 points below them.
ATM must do revenge against girona or bilbao may able to take the fourth UCL spot available in the la liga. Girona has won the first leg at home and this is gonna be away game for girona. Im sure that if things are changing a lot , atm must try to ensure club will not miss three points or it will be on a bad situation to miss UCL spot this season.

Girona is still safe to remain in the Champions League zone even if they lose to Atletico Madrid in their next match, but they will definitely try to maintain their prestige. Girona is a good team to expect to give Atletico Madrid a tough fight, so this will be an interesting match to look forward to.
True and this si why atletico madrid must have won this game or bilbao will take over it.
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