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201  Economy / Economics / Re: What is the right age for financial stability? on: November 16, 2023, 07:08:50 PM
There is no described age or perfect age for financial stability. Those who were born with a silver spoon where already stable in finances even before they grew up. Last year i had a conversation with my one of my course mates. His mother is the adviser to one of the senators of the states in my country. And he said, "Bro do you know the worst day of my life". I replied 'no'. Then he said "it was the day my car broke down on the road and I have to wait for the government mechanic to come and fix it" I was surprised that it was his worst day. As you can see his future is already promised and he is already stable financially. Accounts created with his names, business and other things.
The most important thing we need to seek after is to find a skill that we can do so that we can always earn from it. There is no age that is agreed for financial stability. This is based on individual self because one can be rich now and later lost there businesses or job that is giving them money creating a difficult time for them to pay bills and live life up to the fullest. We are hustlers are we have the hustling spirit to make money for ourselves, I don't think there would be a time when we have to complain for funds to pay for our bills and improve our lifestyle.
That is the most important thing, the source of income that he will get in whatever way, because we live in this world with different standards so there is no set time in a person's life to achieve financial stability.

What needs to be remembered is that we live in different places, different environments, different supports and different responsibilities, so I really don't like comparing someone's achievements with anyone else because it's very unfair.
We just need to focus on ourselves in earning income, regardless of whether it will make us achieve financial stability or not.
202  Economy / Economics / Re: Being rich = not looking at price tag on: November 16, 2023, 06:40:00 PM
I think what they are trying to explain is that you won't worry about the price of things, even when it is expensive you can easily afford and again when you are rich your taste changes, this happens naturally but the problem most people have is that they start accumulating liabilities instead of increasing their assets, this is how most of them end up losing their wealth because they end up in debt and won't be able to pay it back
That's right, a rich person can buy everything he wants regardless of price, no matter how expensive he will buy it if that is what he wants, but again most rich people will not spend money carelessly because basically rich people are people who are smart at managing finances so they will be clever in organizing and controlling it.
However, the impact will be on those who pretend to be rich or want to look rich by buying expensive things so that it will be detrimental to themselves.
203  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: November 16, 2023, 06:17:27 PM
Nothing wrong by dreaming to winning the trophy but bayern munich is still being the main threat for the leverkusen. Xabi needs to be careful and he needs to make sure leverkusen will not be bottling it again.
Leverkusen has been performing so well since the previous season but it kinda struggle when leverkusen faces a strong club. Leverkusen draw against bayern at bayern's home.
The club can perform even better when bayern will be playing at leverkusen's home.
Bayern Munich is a strong candidate to continue their dominance in winning the Bundesliga, since several seasons ago the challenger Bayern Munich was always present at the start of the season but slowly the team failed to maintain consistency even in last season's competition between Bayern Munich and Dortmund until the last week and Finally, Bayern Munich is a team that is ready in terms of quality and mentality to become champions.

Leverkusean does have sufficient strength this season, but what is needed is also consistency so it is a big question mark whether Xabi Alonso is able to maintain it and can break Bayern Munich's dominance to win the Bundesliga, I'm sure many people hope they can, as do I so that the Bundesliga continues to rise and competitive.
204  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: November 16, 2023, 05:58:56 PM
According to the rules of the draw, the team that takes first place will have to play the team that took second place, so really strong opponents should not face Bayern in 1/8. Naturally, this does not mean that Bayern will automatically receive a ticket to the quarter-finals, I think everyone remembers how Villarreal unexpectedly knocked Bayern out of the tournament the season before last. But still, I assume that for some of the favorites this season will be the easiest in history.
There are always surprises in football and this is what makes football even more interesting.
Currently the team is struggling to qualify for the round of 16 by being at the top of the group standings because indirectly during the draw they will get a slightly easier opponent compared to having to meet the team leading the group standings which is definitely a strong team.

In terms of quality, the Bayern Munich team this season has really improved a lot and now they are very favorites in the UCL, I think that's very natural because so far they have proven it, but it is not impossible that there will be surprises again this season.
205  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: November 16, 2023, 05:38:57 PM
Joao Felix is still young and not experienced enough. So the Barcelona team will definitely not depend on the performance of Joao Felix. Barcelona's most experienced striker is still Lewandowski, and Barcelona's attacking performance still depends on Lewandowski. Xavi does not have an experienced striker. Joao Felix and Raphinha's performances have been erratic. If there was another experienced striker besides Lewa in Barcelona's squad, Barcelona's performance would have been more regular and strong. Since Barcelona's performance is dependent on Lewa, if Lewa doesn't perform well, Barcelona's overall performance is also a little weak.
Lewandowski is now very old and his quality has really declined, especially this season, plus there is no strong support from his team, so it is very difficult for Lewandowski to be able to lift the team's performance, especially the front line, alone.
Joao Felix is actually no longer young, now he is 24 years old and he already has enough experience, but it is a shame that his quality has really decreased now, since he first arrived he was able to play well with Barcelona but now it is getting worse.
Barcelona's front line is currently the center of attention because of their poor performance and Xavi doesn't seem to have many other options to try.
206  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: November 16, 2023, 02:38:36 PM
Based on the standings, it is difficult for bettors to make a choice. on the one hand, Inter Milan is more favored by the bookies, but on the other hand also Juventus has a good record recently with the last 7 matches unbeaten. Moreover, this match is a home match for Juventus.

IMO, it would be better if we just wait for live betting, see which team scores first, then choose the opposing team that's behind. The two teams have a small point gap, so it's very likely that a chase will occur in this match.
In this case, it is worth waiting for the start of the match, but I think that this will not bring much clarity, since I expect that the teams will start this match carefully and most likely Juventus will not allow Inter to dominate, so the game may be equal. I would probably even rather skip this match because I can’t determine the favorite in this match, I don’t exclude the possibility of a draw, for Inter this would not be a bad result, since it would allow them to maintain advantage and stay in the top.
A draw is very possible considering that this is a match between two teams who are in their best form at the moment but we will present a very fierce match, Inter Milan with a dangerous attack and they are also quite productive in scoring goals and Juventus with a very strong defense.
I'm sure this will be the most interesting match in Serie A so far, but even though anything can happen, we all have our own choice of betting on our favorite team or looking at realistic statistics so speculation arises, and I remain confident that Inter Milan's strength will be able to penetrate the tight defense of the Juventus team.
207  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 16, 2023, 02:16:18 PM
The performance from manchester united never improved since ferguon had left from the club. The reason I believe Mourinho was the best choice as a coach for MU is because of his immense impact on the team's performance, leading them to come close to winning the EPL and securing the Europa League trophy.
I think that the better thing for manchester united to resigned jose again. Jose has proven that if he is still being so useful for asroma even he is old enough now. I think that manchester united needs to consider signing a new coach.

This will give more benefit for manchester united at this moment compared to the defending ten hag to help club leave from its bad performance.

I think that ten hag will give no solution for this.
Jose Mourinho has said that the Manchester United team needs a long process and he has carried out the process for the long term but unfortunately the Manchester United team management no longer trusts him.
So far, I see that the progress of the Manchester United team is not getting better, on the contrary.

Erik Ten Hag does not bring in players for the future, instead he prefers players who hope to instantly improve the performance of the Manchester United team, but up to now this has not happened.
Ten Hag has brought in players according to his wishes but Manchester United's performance is far from satisfactory, personally I really doubt that Manchester United's future will be bright in Ten Hag's hands.
208  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: November 15, 2023, 11:58:23 AM
There is still 1 match left. And it looks like Betis and Rangers are certain to qualify from Group C. Sparta also has a chance but it will take a miracle. They must surprisingly beat Betis and Aris must be able to beat the rangers. It was like an absolutely impossible mission. I think there is no better scenario than this if you look at Sparta's chances of qualifying for the next round.
There are 2 more matches left and Real Betis has a very big chance of qualifying, they have now collected 9 points but mathematically Real Betis needs 1 more win to ensure they qualify from the group phase.
While Rangers and Sparta have the same chance of qualifying, the two teams are now only separated by 3 points, with 2 more matches remaining it is possible for anything to happen.
209  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: November 15, 2023, 11:34:41 AM
In group A, currently Bayern Munich no longer needs more points to qualify and become champions in that group, because with that many points already and their opponents who still have very few points will compete for second place because of first place. in this group has been booked by Bayern Munich and cannot be taken by another team.
Bayern Munich has confirmed that they have passed the group phase, now there is tight competition in Group A between Manchester United and Galatasaray, this is quite interesting because the two teams will compete in the next match.
Galatsaray, who will play at home against Manchester United, will be very favored because in the first leg when they played at Old Trafford, Manchester United's home ground, they also managed to win.

Quote
Winning the Champions League trophy is not easy because there are not a few good and strong teams, so any team always needs to fight to win the trophy. And Bayern Munich could be one of the candidates for that this season even though there may still be some people who doubt this.
Bayern Munich is always the favorite team, but it is not easy to win the UCL because this is the most prestigious competition in Europe so all the top European teams will give everything to get maximum results.
There is definitely an opportunity for Bayern Munich, especially this season, their performance has improved compared to last season.
210  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: November 15, 2023, 11:09:01 AM
I also hope that everything will work out for him in Real Madrid. On the one hand, he is very young for such a high position, but on the other hand, if you look at his achievements (two Champions Leagues with different clubs + a World Cup and two European titles), you can see that dominance is something he has been familiar with for a long time. Plus, how steep a path he had as a player will make his authority as a coach undeniable.
It's not easy to coach a team as big as Real Madrid, of course there will be a lot of pressure, but I'm sure Xabi Alonso will be able to handle it and give his best, winning. Xabi Alonso's experience as a coach is still very minimal, but what he has done with Leverkusen is extraordinary. He was able to have a significant impact on the Leverkusen team after his arrival.
So it is very likely that he will be able to do the same for Real Madrid.
211  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: November 15, 2023, 10:50:45 AM
It is very difficult to make predictions about such matches. As both  teams are in very good form and have played very well  consistently. No team will want to lose points in this match.
Considering the  home match of Juventus, the Juventus team is considered as the  favorite. Players are very confident in home matches. However, I have seen the past matches between these two teams. I don't think any team has been able to take too much home advantage. Also, Inter Milan team is very stable performance  against big teams. They also won against AC  Milan by a big margin. That's why even though  I consider Juventus as the favorite, it's still not possible to say for sure that Juventus will win. I would refrain from betting on this match.
This is a match for the top position in the Serie A standings, Juventus and Inter Milan are two teams that have been very consistent this season, the difference in points between the two teams in the standings is currently only 2 points.
Juventus is indeed the favorite because it will play at home, but Inter Milan's strength is very strong, so of course this will be quite a fierce match, but even so, I still believe that Inter Milan's strength will be able to win this match.
So I don't hesitate to bet on Inter Milan winning in this match.
212  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 15, 2023, 10:30:35 AM
imo , chelsea hasn't reached its peak performance yet. I believe Pochettino is still figuring out the best combination for the team, and it might require a few more players to establish a strong second layer team with solid performance.

There are some new players who are still injured so he hasn't done the first game yet. If it's not fault  he is Christopher Nkunku's, he injured his knee and had to have surgery. But it seems Christopher Nkunku will be ready for the International break match. If he does come back then it could be Pochettino's option in attack. Even if you look at Chelsea, they still need a lot of quality players according to Pochettino's character. They can still take advantage of the transfer break this season.
Nkuku will be back again soon along with some players who were injured as well. I hope that nkuku will be fully recovered caused by playing when he was not fully recovering will be giving a lot of impact to the club. Let's see how good nkuku on his debut.
I have expected pochettino will be putting him in the main squad as soon as possible after doctor will be confirming if he can play against its opponent.
Many people are waiting for his debut caused by he has been showing impressive performance during the pre season.
I'm not sure Nkunku will be able to immediately get the main place because currently Chelsea's performance is very good so Pochettino should be able to maintain the team's performance without making many changes.
Christopher Nkunku's individual qualities are indeed quite impressive and we could see him last season when he was still in the RB Leipzig uniform and so it is possible that he could help improve Chelsea's performance, but not now, he has just recovered from injury and needs to adapt and improve his performance.
213  Economy / Economics / Re: How to survive hyperinflation? on: November 15, 2023, 05:12:10 AM
Bitcoin investment is one of the best alternatives against hyperinflation in order to protect your money against devaluation. If you keep buying BTC in small portions every month with part of your wage, you will see consistent gains on long term when compared to other people from your country who are also facing hyperinflation, but don't invest in Bitcoin and only hold fiat on their banking accounts.

Besides Bitcoin, you can also invest in properties, but then it will demand a larger portfolio from you, what isn't the case of most investors who have only some spare money to invest every month.
Apart from a steady DCA investment strategy which would require much discipline during this time, one good way to survive hyperinflation is to stock up on household groceries, toiletries and and other comfort that would make the saving or investment process easy to bear. Also is to limit gambling and indulgence in habits that consume much like smoking, drinking, daily.
Further more, buying resellable items cheaper from willing to sell individuals would also be one save up or survive hyperinflation successfully.

Using the DCA strategy in investing in Bitcoin, of course we have to do it consistently to be able to survive when hyperinflation occurs and we also need to prepare several other needs that we need because when hyperinflation occurs of course we will have difficulty meeting our needs because the price of goods will increase uncontrollably under control.

Avoiding habits for things we don't need will certainly be better for the income we have so that we can save more and also invest so that when hyperinflation occurs we can still meet the needs we need.
214  Economy / Trading Discussion / Re: Must Read: Scams disguised as premium signal groups/channel on: November 15, 2023, 04:48:30 AM
All signal groups are totally a scam thing whether it was a premium signal group or not. In fact, it was very clear to us that nobody can predict right to what will happen next and why we should have to believe someone doing it. To be fooled into this kind of work, trusting these signal groups is no different from making themselves a fool. These people still don't understand how the crypto market works and they still don't understand the meaning of volatility.
Well, they can learn it after experiencing losses due to trusting these signal groups.
No one can yet predict exactly what will happen in the future so it is not important for us to believe about what cannot happen according to what they predict, it would be better for us to study first to be able to avoid people like that because When we understand it well, we will be able to avoid these signal giving groups so that we can avoid making decisions in investing or trading.
215  Economy / Trading Discussion / Re: Trading is risky, be conscious on: November 15, 2023, 04:22:01 AM
Over the time, I've seen people wanting to go into trading because they feel or think is a get rich quick scheme but get so disappointed along the process because the result they get isn't what was expected.
Trading is a very lucrative business but also a very risky business as well and as such should be done with so much caution.
What would be your advice for those wanting to trade as a newbie?
If a person plans trading for a get rich quick scheme, then I would say it is totally wrong. Because trading will never get you rich quick, making money requires a long period of time, which is not possible with trading. Investing is the best, and profitable as compared to trading which can give you good profits. Trading is risky when the market starts to be volatile, and you are more likely to lose your money. That's why stay away from trading business don't lose your money rather you invest for long term it will give you profit and less risk.
I agree with your opinion, it is important for those of us who trade to be able to learn well and it is impossible by trading that we will get rich quickly and if we understand like that, of course we will experience many failures in trading. Choosing to trade will indeed be better than trading because it has less risk than trading. If we invest consistently then we will get profits from the investments we make.
216  Economy / Trading Discussion / Re: Know how to use Fundamental and Technical Analysis on: November 15, 2023, 04:04:42 AM
Everything in life begins with a step; one error can change your entire world, thus in terms of trading, a person must be familiar with the two concepts you described earlier: fundamental analysis and technical analysis. It is critical for us to acquire understanding about trading before we enter it, especially we beginners. Because understanding the concept of trade allows you to appreciate and benefit from it while also knowing how much money you can afford to start with.
When we start to enter trading, of course we have to understand well the trading we are going to do in order to reduce the risk of failure in trading because if we cannot understand it well and start, we will certainly lose the money we have in the trading we do, when If we understand it well then we will be able to gain profits from the trades we make.
217  Economy / Economics / Re: Dangers of combining company and personal funds in the same account on: November 13, 2023, 05:13:11 AM
Combining your company and personal funds in the same account is one of the most common problems of a start up entrepreneurs, this is what we called commingling funds. It can be a serious problem and it leads you to a personal liability for your business debts if this can't prevent as early as now. It's best to maintain a separate bank accounts for your personal and business transactions as well as to keep you books diligently, that's why it is essential to have your company accountant/bookkeeper.
If the business they are building is still on a small scale, I think there is no harm in combining personal funds with their business funds because they can do good bookkeeping so they can know about their business income and also personal expenses, but if their business is on a large scale, of course this is It would be a problem if they combined their business funds and personal funds. It would be better to have two different accounts to avoid problems in their business income and expenses.
218  Economy / Trading Discussion / Re: Trade only Bitcoin on: November 13, 2023, 04:45:54 AM
You can actually trade in both bitcoin and altcoins as its one way of giving yourself bigger chances to earn. But when you trade with wrong altcoins, the risk to lose is even more high than if you focus on bitcoin. That is why trading with bitcoin is always the best option most especially if you aim for long term hodling to anticipate bigger profits as well. Altcoins are not bad as long as you trade with high potential altcoins, those that does not go easily with pump and dump.

However, if you trade without knowing the basics in trading, that's another story to tell. Even bitcoin trading won't save yourself from losing a lot. The more you trade, the higher chances of losing, that is the reality when you trade quickly just to gain immediate profits.
Yes, you are right, it is very difficult to make a profit from trading altcoins and the risk of loss is very high, so I think choosing Bitcoin as an investment is a good choice to be able to make a profit from investing and trading. If we choose to trade, it is important for us to understand trading well and also know the market conditions well to be able to profit from the trades we make.
219  Economy / Trading Discussion / Re: Mistakes to watch out for on: November 13, 2023, 03:56:24 AM
Learning will be our investment as traders here in the crypto business. It will help a lot if we have enough and deep knowledge of crypto or bitcoin. Because if you know and have it, you will not be fooled or led astray by anyone who tries to stalk you.

If the people who have extensive knowledge here make mistakes even though we are experts who still lack knowledge, it is even more so that we are prone to becoming victims of exploitative people.
Having sufficient knowledge in investing in crypto is very necessary, because without having sufficient knowledge we will not be able to invest in crypto and if we start investing in crypto without having the knowledge we will definitely experience losses from the investment we make.

In my opinion, those who still have a little knowledge about crypto must be able to learn it well and after having this understanding they can invest in crypto, don't just listen to a little understanding from people who immediately try to invest in crypto, of course this will result in losses in investment what we do.
220  Economy / Trading Discussion / Re: Im short trader Im new here but been long time in trading on: November 13, 2023, 03:36:08 AM
I also liked short trading and i try always short trading because very low risk in short trade and when thinking long trade than my opinion is who are new in trade they try always short trades is better choice.
You are probably talking about futures trading, if you are talking about futures trading then may I know the reason why you prefer only shot trading? We have to try to trade according to market changes. For about one to one and a half months the market is regularly changing positively, now if we do short trading, but our chances of losing money are high. When it comes to trading, we don't have a plan that we will only do short trading or we will only do trading but our plan should be such that we have to trade according to the direction the market moves. Futures trading seems very risky to me and I have lost significant amount of money trading futures so now I don't do futures trading unless I need huge amount of money.
If we have not been able to trade futures and have experienced a lot of losses from trading futures, it would be better if we stopped and corrected the strategy we used and if we find the mistakes we made then we have to learn how to correct the mistakes we made after knowing how to do them Then we can carry out futures trading again.

Doing futures trading is of course a very big risk of loss that we will incur if we cannot understand the market conditions well, so it is very important that if we want to do futures trading we must understand well the market conditions in order to reduce the risk of failure that we will not experience in trading the future that we do.
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