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2181  Economy / Trading Discussion / Re: How much gambling is in trading cryptocurrencies? on: October 18, 2022, 03:28:30 PM
A lot, depending on your skill level and understanding of crypto. I personally believe that we shouldn't be really trading if we are newbies and have no understanding of how trading works. I have seen people who jump into 100x leverage trading as their first ever trade, can you imagine how stupid that move is?

I am sorry but if you do that, then you deserve to lose your money. The real move would be buying long term from low, wait for it to go up, use your profits to make riskier and riskier moves, but if you ever are not in profit, stop because it means you are about to lose money. Always take risks that you could afford, and realize how risky it is.
2182  Economy / Gambling discussion / Re: ⚽UEFA Europa League Discussion Thread -- 2022/23 | Group Stages on: October 17, 2022, 09:24:10 PM
Goalkeepers are hard to come by, you do not have as many great goalkeepers in active football as you have in other positions, mainly because there are only one of them in the team that gets attention, every other position does get their bench players playing for fatigue reasons, but goalkeepers would go play every single game if they can, unless some injury or booking of course.

That is why I believe that we shouldn't really be worried about the stance of Uzoho, dude will probably get to a great club eventually, only because there aren't enough players like him, and first it needs to be a club that's at one of the 5 big leagues, and then to a huge club, if he keeps playing like this of course.
2183  Alternate cryptocurrencies / Altcoin Discussion / Re: And officially worst year for investors on: October 17, 2022, 07:49:59 PM
I feel like this is still far better than 2018 for some reason, maybe I am remembering that wrong but the feeling during those times (or at least my feelings) was that it would never recover from that, we were looking at bitcoin as "how did it even reach 20k to begin with", and saw that 3k was more than enough, we assumed it would go from few hundred dollars to 3k and that was normal.

The unreal part was reaching 20k in between, and now we realize that it's normal for it to be 20k, because we "dropped" to 20k right now, we peaked at 68k meaning that it could be 100k one day too, or 200k, or 500k, these are all possible for bitcoin, we didn't feel like that back in the day.
2184  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: October 17, 2022, 07:21:51 PM
Has anyone else saw that Mbappe was actually quite happy after the goal, we have seen Mbappe passing to Neymar for a goal, and him + neymar + messi hugged each other right after the goal and they looked so happy together. I can't stop thinking, what if everything is just a rumour and a drama made by others?

I mean sure there were a lot of talks about him leaving before, but he got paid and stayed, if he REALLY wanted to leave, he could have gone to another club, but he choose to stay, maybe there isn't any problem, and maybe that’s all just newspaper blowing things up to sell more paper? We really do not know which one is the truth to be fair.
2185  Economy / Economics / Re: Central authority can be biased. Referring to TikTok on: October 16, 2022, 09:48:02 PM
You know what the main problem is? The lack of competition. TikTok has done something that nobody else could, it gives audience to people who didn't get themselves heard before, and direct connection to money for them as well, crypto could have been a great part of it, but hasn't been and that’s the problem we are facing right now.

This is why it’s a lot smarter if we could somehow get competition from other social media places where they could see people who are suffering and not just hear about it, a tweet from someone who is living in these situations is not as believable as a tiktok live video of it, that’s why lack of competition forced this situation.
2186  Economy / Economics / Re: Running a successful business in most developing countries on: October 16, 2022, 08:53:04 PM
One thing missing is "work in your field" and that's very important. If you want to start a business then you have to work in a company in that field before, that way you would learn about how that business is run from first hand. If you go into a field and start a business without having absolutely no experience in it before, you are going to fail.

I really do not like starting a new business, I have nearly a dozen business ideas in crypto and I have been in crypto for a decade and can really make these work. However, I love my current job so much that adding more work to my daily life is very very difficult, one day I will do it, but you also need to have hype about it too, if you are not desiring it enough, you won't have the courage to do it neither.
2187  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: October 16, 2022, 01:58:21 PM
City will definitely win, they are just way too good at this moment, even if Liverpool was doing good, they were still better than last year's Liverpool as well, with the addition of Haaland they became a totally different type of team. I am guessing that they will most surely beat this game. Of course in football anything could happen, but do you wager on Leeds to beat City?

I mean I don't, there are some people who may do that kind of stuff for a bigger payout, I just don't, and this may not be that clear difference but it is still clear to me. I am guessing at least 2 goals from Haaland as well, that dude loves these big games to score.
2188  Economy / Economics / Re: Best Recession And Inflation Protected Assets on: October 16, 2022, 01:03:50 PM
So far in my nation it has always been "flour", meaning even wheat prices change, but flour doesn't and you may wonder how? But turns out you could make flour from many different things, and not just wheat, meaning whatever is the cheapest flour you could do that. There is also olive oil, or any kind of cooking oil basically, which also keeps its power no matter what.

Hence, in my nation there are a lot of rich famous celebrities buying up huge chunks of olive fields, not because they care about the price of olive oil, or olive, but because they care about keeping their investment valuable and survive, it's not the income, it's the value of the asset.
2189  Economy / Trading Discussion / Re: Tool to copy-trade Binance Leaderboard on: October 15, 2022, 08:29:05 AM
I highly suggest everyone to be careful about this. Not only that we do not know about the security of this project and if they will steal your money or not, that's already something you should be careful about, but that is something you will already know to begin with.

I am not saying be careful about them right now because of that, I am warning you about the fact that you are going to be facing something that is promising you profit because these people did it before, and there could be some sort of trouble that would be terrible for the long term. Maybe they made huge profits so far but they won't be able to do it anymore? How can we certain about their future profits, based on their past ones?
2190  Economy / Economics / Re: JP Morgan CEO, Jamie Dimon, another Charlie Munger? on: October 14, 2022, 10:05:21 PM
I mean isn't this acceptable and understandable? Think about it this way, Jamie Dimon is the ceo of a company that deals with fiat investments, unless JP Morgan suddenly starts their own exchange, or outright buys binance or another high level exchange, any investment that goes to crypto means less money available to invest into JP Morgan.

This means he has to dislike it. And when the time comes and they go into anything crypto related, suddenly "we found why it's good!!" and they love it. That's always like that, if they can't profit from it, and even lose because of it, it's bad, if they can earn from it, suddenly it becomes very good.
2191  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: October 14, 2022, 09:01:42 PM
The game of the week for me will be Leverkusen vs Frankfurt, Leverkusen has traditionally been a good team, and done horribly this year so far, and they will want to fix it, whereas Frankfurt is an up and coming team who won EL last year, but not doing that awesome this year in the end.

It will be a good betting, I think betting on Leverkusen could have a good odds, and still not too risky for the odds given for them, not in favor of betting a large amount though, something tiny. Also Freiburg vs Bayern is a good one too, Bayern is somehow still third in the league with just 4 wins in 9 games, and they will want to move to second position if they possibly can by beating Freiburg who is the current second place.
2192  Economy / Economics / Re: Uber Doordash plunge after regulation proposal change to worker classification on: October 14, 2022, 08:42:36 PM
Even Mexico is not really a solution because providing benefits even there means added costs and that's way too much. These places do not offer you anything other than money, and that's it, a chance to make money, but at the end of the day it means you are going to be employed and making a good income.

Depending on the place you live, it could provide you with money that no other job could, normally people who couldn't find decent jobs would work as dishwashers, or work at McDonalds or whatever, but with these jobs you would make 5k+ dollars per month, and after taxes you would live a decent life, not great one but decent enough, that is the only thing it promised. Worst case scenario, they would have to get a bigger cut, workers would get 3k instead of 5k, and the rest would go to benefits provided by Uber like companies.
2193  Alternate cryptocurrencies / Altcoin Discussion / Re: Not all new Projects are bad, So take the Risk on: October 14, 2022, 07:29:21 PM
I agree that BNB is a lot more new compared to the other 2, but at the same time it has achieved so much, by this logic it’s more like how a child would be able to grow better thanks to their parents actually doing something with their life and taking all the risks, that way you would not have to actually go through the same things and start at a better level.

Even at the first days of BNB it was doing fine, and after that it managed to rise a lot better. It is at third level for crypto currencies and I believe that it will keep its position. Stablecoins could rise faster, but they are not crypto currency so I do not consider them as altcoin to invest anyway.
2194  Alternate cryptocurrencies / Altcoin Discussion / Re: New metaverse city in the United Arab Emirates (UAE) on: October 14, 2022, 06:10:41 PM
Is this productive or counter-productive? I am not saying that creating a VR version of a city is good enough, of course you would want to visit there if you like it enough, but if I could visit it, and not have to go there, do I even have to?

If you are rich enough you will want to go to Dubai, because you have the money for it, but if you are not rich enough, not only you will not be able to visit it, but you won't have to really grind to find the money for it neither, some people who would "barely" have the money for it, could use that to go to another city they want to visit, and instead use this with metaverse to visit UAE instead. Maybe it will trick people into wanting to see the real thing though, I don't know.
2195  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- 2022/23 | Group Stage on: October 13, 2022, 09:28:42 PM
I honestly believe that Barcelona wasn't ready for continental cups just yet with them being better just for this season alone. I mean it’s understandable that the roster looks like they could beat Inter easily, but the fact is that the roster was built very recently, which means it’s understandable for them to not be great just yet.

I personally think that the better method would be them not understanding how some things works, and that is why they are not doing as well as they could. If Xavi stays for another season, which I think he will, even with the exact same roster they will be much much better next season because the team will have time to get used to each other.
2196  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: October 13, 2022, 08:43:03 PM
If we are looking for a manager to PSG, it is clear that Zidane is the favourites for that position and should have been paid whatever to get him. Zidane managed to get 3 UCL titles with Real Madrid if I am not wrong, that means he could have controlled Mbappe, tell him to be patient for Real Madrid chance in the future, and since he is a legend as both player and a manager from Madrid, he could have at least kept Mbappe in check.

He declined, that’s understandable, but they could have offered him insane amount of money, like no one ever received before, 20-30+ million for a manager type of money, or even 50, just to get him and that would result with a league title + cup title + ucl + super cup and whatever, yes he would be THAT good.
2197  Economy / Economics / Re: The end of cheap money reveals global debt problem on: October 13, 2022, 08:09:43 PM
During inflation it is wise to spend your money and waste it. Not beforehand, if you are spending it on useless stuff during money printing period then you are not going to save anything for a reasonable level but at the end of the day if we are talking about a period where it is not really a situation where you can stop the inflation then we shouldn't really be worrying about it because during inflation all things go down, especially when governments are trying to fix it like right now.

This is the reason it is much better to just waste it, because the prices will go up anyway, so it’s better to buy it right now for material things that won't mean anything later on.
2198  Other / Politics & Society / Re: During the morning missile attack on Ukraine, the Russians hit Samsung Offices on: October 13, 2022, 07:14:12 PM
I am not entirely sure if Russia attacked Samsung knowingly for any chip related reasons. They are just attacking kiev, and yes there is a logical argument that they knew where they were attacking, but I do not think that the purpose for it was somehow making sure that they are getting their chips back.

It could mainly be regarding shelling places of foreign investors to tell them to leave the war zone. Doesn't matter if you are Samsung or apple or amazon or whoever, leave the area and go somewhere else, life will not go on like nothing is wrong, that’s the message. I believe that they are firing their last bullets, at this point aside from nukes which we all know would be end of us all, there aren't any other methods left in the arsenal.
2199  Economy / Economics / Re: Made in America is back, leaving US factories scrambling to find workers on: October 13, 2022, 06:30:12 PM
It is definitely a new day for USA workers but that doesn't change the fact that we are talking about them not being the most affordable worker groups that you could hire. Meaning the factories that benefit from the low transfer times end up hiring US workers and make them work in US factories because right now oil is expensive and transporting goods from China is not profitable.

The cheaper Chinese workers could make the products cheaper, but adding the cost of transportation and also the loss of revenue during the period where they do not have any money and that means we are talking about loss of time and not selling products while waiting for it. Sure if you are buying 500k+ shoes like Nike does, it's still reasonable, but for smaller jobs, it's logical to stay in the USA and keep going.
2200  Economy / Economics / Re: The whole tipping culture in western countries is unfair and totally wrong! on: October 13, 2022, 03:05:22 PM
The biggest difference is, if someone does a bad job at any other business, they would be either fired, or warned, or just ignored, but in any job that you are required to get a tip to survive, if you do a bad job, or if the customer is cheap, you are going to end up starving because you are not getting paid enough. That’s the thing, in my nation we have tipping too, it's not as "culture" as it is in the USA for example, and the guy who gets it, gets paid the same amount that 20%+ of our nation does, and that means any guy at a factory making your shirt is getting the same money.

West needs to realize that you can't have a job in the world that says "you either do a good job and good tips, or you are going hungry to bed tonight", that’s not acceptable.
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