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281  Other / Beginners & Help / Re: excited to join this forum on: March 03, 2024, 07:55:51 PM
 
I'm here to learn, share insights, and engage in meaningful conversations with all of you. I believe that forums like this provide an excellent platform for exchanging ideas, gaining new perspectives, and building connections with like-minded individuals.

 First of all, I will say you are highly welcome in the best crypto space, where you will be free to discuss and ask questions whenever there is a need. Bitcointalk is a forum where discussions of all cryptocurrencies and other relevant information are discussed, so if you are really here to learn and share information, you will really enjoy it because anyone who learns will definitely see the results in the future, but you can't learn without undergoing research, which is the simple and easiest way to achieve a wonderful stay in the forum.

Furthermore, I will like to take it easy and take your time to gain more knowledge about the forum so that you will be able to answer some questions when needed. Once again, you are welcome to the best forum.
282  Economy / Economics / Re: Reckless financial decision ? on: March 03, 2024, 09:46:45 AM
Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.

What other reckless financial decision do you know or have heard of?

I won’t classify this as a reckless financial decision for some reason because it deals with choice. There are two different concepts in economics: which are goods and services. If you are selling goods and you turn down such an amount of funds, that is when it will be considered a reckless financial decision, but when rendering a service, it might not be considered as that. Because you can’t accept a deal and end up cheating yourself, what is the essence of having money and not being happy? So to me, the celebrity who did that did it for his own reason, so I don’t think we are supposed to judge him since we don’t know his personal reasons for doing that.

Moreover, if he is a celebrity, that means he has more than that, so maybe he will think that what he already has is enough for him to stress himself to go to places where he will not be comfortable, so that is why he rejected the deal, although even if I am the one, I will also do the same because if I am restricted to some of my lifestyle, that directly shows that I won’t be comfortable, so I will also reject the deal because you need to be rich in your comfort zone.
283  Economy / Economics / Re: Saving don't make wealth on: March 03, 2024, 09:23:57 AM
Sincerely the concept of savings has made some persons poor,but many won't realize the fact that saving don't make the difference but investing does.
 Am not saying saving isn't good, but my point is saving doesn't make one wealthy, the worst advice we recieve is  'save for tomorrow' but only few lay emphasis on the need to 'invest for tomorrow'.
So I would greatly say we invest some of our profits from bitcoin in to other stuff, than just holding it or using it for pleasure. The rare truth is how we believe bitcoin can change the game, so other systems are developing so we shouldn't be blindfolded.
Invest because savings doesn't increase or builds, investing is what gives you the life you want.
   Let discuss this guys..
  No matter how many bitcoin you hold you can still misuse the money, so we should understand the concept of Richness and Wealth.
 

The main concept that I think you don’t understand is that for everything you want to do in this life, you need a backup plan so that you will be ready for any unexpected thing to happen. You will always have a solution when you encounter a situation. Why I said that saving is like a backup plan for your investment is that most of the time we do have emergencies and other unexpected issues that require money, and if you don’t have any plan against it, you will definitely temper your investment, and that will not help you but only crash down all your efforts that you have made so far for your investment, and you will just end up bankrupt and left with nothing. 
 
That is why most of the time I do emphasise that when ever you want to be a wealthy man on this earth, you have to follow a neat strategy and know what exactly you are doing; if not, you might end up losing everything because this life is a game for the wise, which means a lot because if not for the wise, you won’t even know the right time to do the right thing. Moreover, if you really want to be that wealthy, you will most likely adapt to any situation that comes up. That is why it is very hard for someone who is not smart to be wealthy, because if you are not smart, you will find it hard to succeed in life.
284  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: March 02, 2024, 11:12:59 PM
I'm really impressed with Roma's performance today, to me it was really epic and brilliant because they won without any prejudice and it was a very much deserving victory as they were able to win with a good number of goal and they actually did had a good dominance in the game and this was with every aspect of the game, they dominated without much resistance from their opponent because at some point it did looked like they were out playing then and winning the game stress free, I really like the fact that Roma has currently got such improvement and are winning this much in their league and are most definitely going to finish amongst the top four on their table, this was a team that looked like they were going to be amongst the probable relegated team but now they are scaling heights in their league.

Roma may definitely secure a ticket at the champions league next season but then I'm still not sure of their performance in the Europa as that's another major trophy they are working to get this season too so it's  also another league they will be preparing with every form of intentions to win too.


I have had one belief in AS Roma for some time now since when they charge a manager for them, their performance is just getting more unique and impressive. Seeing all this, you will believe that they will definitely go a long way in the future. DE Rossi is always trying his best to see that the team goes to places where they are not even thinking of reaching there any soon. That is why I have an interest in the team, which is very nice. 

Furthermore, I also think that AS Roma will also make it to the Champions League next season, but some are not yet that sure because they think it might have some dangling issues from the team. Many are still confused because they don’t really have that much assurance and believe in DE Rossi, who is trying his best, and again, his best will define the future of the team soon, so we need patience to see what will happen in the future of the team. 
285  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: March 02, 2024, 10:52:31 PM
Real Madrid seems to have managed to avoid defeat even though they were 2 goals behind Valencia. Real Madrid's performance in the first half was not very good, but they managed to recover the situation and equalized the score at 2-2. It looks good for them, but the game is not over yet so there is a possibility of a change in the score.

The Valencian's injury appeared to be serious, he had to be stretchered off and left several players devastated. But wait, the referee shows the white point which indicates a penalty for Valencia.

The game ended at the same score of 2-2, but I was even more afraid and had hope in Real Madrid that they would definitely equalise because I had hope in Real Madrid that they would win the game now that they were going on a draw with Valencia. I was not happy at all when I found out of this information because the game wasn’t supposed to end like this even though we see that Valencia are the ones that got the first goal within 3 minutes, which was what made me fear the most, but knowing that Real Madrid can score 4-5 goals within a few minutes, that is why I feel relaxed because, they scored the two goals within the first 30 minutes, which shows that there is still much time left but the game is already over and we have to take the results as we saw them, so although the referee also has a hand in not allowing Real Madrid to win the game. 
286  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: March 02, 2024, 07:36:55 AM
Sevilla vs Sociedad

I know Sevilla performance this season is completely messed up they even have to change manager several times but i have been notice Sevilla has significant progress because in the last 5 matches in Laliga Sevilla can able to gets 2 wins and although last week they had just lost from Real Madrid but basically their performance is still good because Sevilla only lost with narrow score on that match and for Sociedad i don't know what happend to them because Sociedad was unable performing well just like when they showing last season and until week 26 Sociedad only can collect 10 wins

About this match i know on the paper Sociedad is the favourite but their recent performance makes me doubt they can able to overcomes Sevilla today although if we see from their meetings statistics Sociedad is more good than Sevilla but i highly doubt Sociedad can able to collect 3 points from this match however Sevilla will still rely on Youssef En Nesyri and Takefusa Kubo is still being an Sociedad key player for the front lines and i know this match is really hard to predict but i think Sevilla has good chances to win this match this because their recent performance is more consistent compared to Sociedad so my predictions is Sevilla will going to win this match with narrow scores and Sevilla win has odds @2.65

From my point of view, I don’t think Sevilla will be able to win that game today because real Sociedad don’t usually take it easy on Sevilla. That is my main reason for thinking that Real Sociedad will play a defensive game with Sevilla. My prediction formation for real Sociedad will be 4-3-3, which Sevilla will find very hard to win. But I can’t conclude if Real Sociedad will definitely win the game or not, but I am sure Sevilla will not win unless they go on a draw. 

Even though the performance of real Sociedad is somehow dangling these days, I don’t think that will also happen in the game today because they will also like to face Sevilla and, if possible, get a win and achieve more points so that they can drop Real Betis and move to their position in the table. That is why they will also play a good game to avoid themselves losing the opportunity to be at the 6th in the table because I don’t think Real Betis will be able to beat Atletico Madrid in their next game. That is why I see this as an opportunity for Real Sociedad to move to the 6th in the table. 
287  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: March 02, 2024, 07:10:51 AM
It's still too early to say that if Lazio doesn't win this evening they might not participate in the next Champions League, there are still 11 matches to play and I would say that from fourth place to ninth place there are only 8 points difference, so they are a little 'all at risk of exclusion from European cups
In fact, Lazio failed to win the match against Milan, Lazio no longer had the enthusiasm to seek victory in that match even though it was only one goal difference. It can be seen that Lazio's game on the field could not control its emotions well and often received fouls. Lazio must keep trying to win in the next match so that nothing bad happens because as you said.
Lazio players looked frustrated because they couldn't develop their game because AC Milan's performance was much more developed in this match. It must be admitted that Milan deserved to win this match because they had a much stronger team game.
This is a match between two of Serie A's top teams so it is quite normal for a fierce match to occur and there is a lot of drama that occurs so that 3 Lazio players received red cards, 1 player received a red card in the 57th minute and 2 other players at the end of the match which indicates that the tension in this match was quite high.

The tension that Lazio received from AC Milan yesterday was definitely high, but they couldn’t take it any more to the extent that they started playing an emotional rough game in the field, which didn’t help them but ended up giving them more red cards, but it was just the fact, as you mentioned, that AC Milan deserved to win the match because they actually played a nice and wonderful game that their opponents (Lazio) were not expecting to happen. That is why they started playing rough games, which didn’t help. 

Although some will say that the main reason why Lazio did that game in the field is because they don’t want a situation where they are playing a home game and they will lose against AC Milan, what I checked with them and I was not even expecting Lazio to win the match is that they find it hard to win them in matches, which is why I can’t even think of them winning the match, but the game has ended, and I can say the drama displayed by Lazio yesterday is what makes me laugh more in the game because they keep doing the foul openly, but all that is gone, and AC Milan are already the winners with a goal. 
288  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: March 02, 2024, 06:43:50 AM
About the outcomes of this match i can see Crystal Palace has facing storm injured so hopefully Tottenham can able to utilized this conditions to gets the winning results from this match and for betting option Tottenham has odds @1.48 but i don't know this is good pick or not considering just like i said above Tottenham at home is still unstable but probably both teams to scores could be good pick instead of pick Tottenham win

With no doubt, I will also say that Tottenham will definitely win the game today because Crystal Palace is not that in form than Tottenham, and again, although you have mentioned it, Tottenham are playing a home game against Crystal Palace, and we know that Tottenham are not taking it easy on anyone, especially when they are playing a home game. Furthermore, in their last five meetings, they played against Crystal Palace. Tottenham were able to encounter 4 wins, 0 draws, and 1 loss, which is like a direct indication that shows that it will be very hard for Crystal Palace to win the game today.
 
 As a wise man always says, a good Friday has been identified since Thursday night, which I can say directly. Crystal Palace will not win the game against Tottenham unless with luck, because if a team you meet in five different games can win you in four games, which means you are just opportune to win one game inside all five, then what are you expecting? Do you think that you can still win the game? No. It will be very hard, which is why I will also give my win to Tottenham in the game they heard today.
289  Other / Beginners & Help / Re: [Merit] Share your best posts/threads with Fillippone to be merit assessed on: March 01, 2024, 09:48:38 PM
Round 2

Re: copying with risks
CATEGORY:
discussion & opinion
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Re: make reading a habit
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BOARD: Beginners and help

Re: must you lost before you gain in bitcoin investment?
CATEGORY:
correction
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Re: how much did you like this forum
CATEGORY:
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Re: financial advice from a self acclaimed crypto investment professional
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290  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: March 01, 2024, 09:39:59 PM
It seems that Bayern Munich is still the same as before and they are now quite unable to maintain the rhythm of the match even though their opponent is only Freiburg. The second half has started and I'm quite curious who will win later. The score was still 1-1 and everyone was wondering whether Bayern Munich would win or would it end in a draw and there would be no change in the score until the match was over. Tuchel will again be criticized if he is unable to provide 3 points for Bayern Munich.

The game is already over, with a score of 2-2, and the saddest part of it is that Bayern Munich have been left 7 points behind to meet up with the first in the table. Although it is just a game, I was not happy with the results ending in a draw. I was expecting Bayern Munich to win the game, and I also know that I am not the only one who was expecting that to happen, but just to see how the game ended.

But it is very tragic to see a team like Bayern Munich go on a draw with Freiburg, when they are seriously looking for points in order to be at the top of the table. Although Bayern Munich played them very well, that is not what they need; they need the point so that they can be in the position of winning the trophy.
291  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: February 29, 2024, 11:34:33 PM
Athletic 2 - 0 Atletico

After the first half the situation is like this. If we take into account the result of the first game, then in order for Atletico to even the score, they need to score 3 goals in the second half and not concede a single one. I think this is unrealistic, Athletic is too good.
Thus, Athletic reaches the finals where they will most likely take the title.
I think after this game, few will doubt that Athletic has every chance of throwing someone out of the top 4 (either Atletico or Barcelona).

The game ended, as many predicted and expected it to end, including me, because I am not even expecting Atletico Madrid to win the game because Athletic Club are more in form and strong in themes for performance and strikes than them, and I know Athletic Club will not like to miss this opportunity because it has been enough, which, if I am not mistaken, was the interval of time that is almost three years since when they were able to meet up to the finals.

 So you will tell me that they should not push for the higher target, which they end up getting. What they expect to achieve is to win the game, and they did it, so I don't think you won’t expect them to lose in such a change. That is why the effort has been put in by Athletic Club not to end up losing.
292  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: February 29, 2024, 10:46:38 PM
If Lazio succeeds in taking advantage of Bayern Munich instability in the second leg, of course Lazio will create an unexpected surprise. But I see that Bayern Munich have managed to get through their difficult times in the Bundesliga where they have returned to winning ways. For the second leg, Bayern Munich are still very much favored because they are playing at home and also in terms of strength they are still very favorites to beat Lazio.
Even though they only scored 1 goal, the point is that at least Lazio has more capital than Bayern Munich in the second leg. But unfortunately, it will be held at Bayern Munich Stadium. So this is quite advantageous for Bayern over Lazio, right.

Well, I also think Bayern have learned enough from their mistakes yesterday and they won't just let this match go. Even though they are currently behind on aggregate, for some reason I am still quite confident that in the second leg, Bayern can turn things around to be superior. This is not their first time to be in this such situation.

Lazio won the first leg, of which we can accept that they played it at home to me seriously. I see that Bayern Munich loseguard for allowing that to happen, but I know that Lazio should just forget about them winning against Bayern Munich again because they will not let all that happen because it was like just luck that they got because Bayern Munich played minus one, which is why Lazio was able to win the game. In the second leg, I think we will also pity Lazio for being beaten by Bayern Munich because Bayern Munich will never let Lazio knock them out, so I don’t even think Lazio can cope in the second leg. 

But we might get surprised because when we came for the second leg and we saw that Lazio were winning again, or they were on a draw, that would indicate that they end up going on a draw, which will definitely show that they have a second chance of luck on Bayern Munich, which will be so deep that I know Bayern Munich will still keep waiting for them in any circumstance. 
293  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: February 29, 2024, 09:38:12 PM
What is your opinion about Napoli? It seems like they have fallen off a lot. I believe that should have performed far better compared to what they have done. Even if we look at just the last 5 matches from them, we will see that they have not done well at all. they only have one win In the last 5 matches.  that is not good at all from the team which is the defending champion of the title. I also believe that it is just a matter of time before Osimhen leaves the team. Because I don't think that he is going to be the player that he wants to be if he stays in the Napoli team. Still not certain about which club is actually going to get him.  but in my opinion he is leaving for sure.  unless somehow  Napoli manages to actually Defend the title successfully,  which seems to be almost impossible at this moment.
Napoli has lost the quality it had last season and it will be difficult for them to regain that form. Winning a game in five matches doesn't show the right will to compete for the Seria A title. One of the reasons for this poor run was the absence of Victor Osimhen due to his engagement in the African Nations Cup.

He is back and they have started having positive results. In the last three games, there has been some improvement. They played a draw with Barcelona in the UCL second round, would have won the game with Cagliari if not for the late equalizer, and got a convincing win yesterday against Sassuolo. The return of the Nigerian striker has added more quality to the team and it has also been seen that the partnership between him and Khvicha Kvaratskhelia has been rekindled.

It will be difficult for Napoli to defend the scudetto, they might just get a European competition qualification. Except Napoli can make it to the Champions League next season or win the UCL, I doubt if Victor will be able to remain in the club. He might also be attracted if they give him a very lucrative contract. However, the club is preparing to make money from the sale of the striker next season and the striker wants to leave to face new challenges elsewhere, maybe the EPL.

Osimhen is a good asset to Napoli as a striker. He is just a golden opportunity for Napoli, and everyone knows that. As you have mentioned, when he was absent, Napoli were just busy losing games, but what was the result of their games when he returned? They started winning massively. Just take a look at the game they played against Sassuolo. Osimhen had three good goals, which triggered their point in the table. Many have lost hope in Napoli that they are going nowhere, but when the best striker returns, things start changing, and Napoli starts getting a better chance of trusting themselves.
 
So to me, I don’t think Napoli will like to give Osimhen out for money unless he is that one who likes the offer and decides to leave Napoli, but if Napoli tries to maintain him, they will start getting more victories in the future. His name implies that Victor Osimhen stands for victory, so Napoli will not pray to lose that victor carrying all the victories. 
294  Economy / Gambling discussion / Re: This was my highest risk. on: February 29, 2024, 07:17:14 AM
So have you ever taken such a risk on gambe before?

Many have believed in this word, which is true: you can’t win if you don’t take the risk, and everything you see in this life is a risk because you have no assurance that you will get everything as you planned. So we take risks every day, whether we win or lose, and we will still keep taking the risk. Taking risks is also like a path to success because without the risk, it will be very hard for you to win unless with luck or help from others, so I also have a different perspective on risk, and I believe the higher the risk you take, the higher the win you get, so it is not a new thing.

Although I have taken a risk that is higher than the one you take, I was not expecting to win the bet, but in the end, I end up winning the game. I was very excited the day that I won that bet, but since then I haven’t taken any risk that is higher than that again, but I am expecting to do that next time because to take a high risk, you need a high IQ and mind to do that.
295  Economy / Gambling discussion / Re: 🏆 The Emirates FA Cup - Season 2023/2024 on: February 29, 2024, 06:05:55 AM
Chelsea managed to scrape a win with a goal from Connor Gallagher to make it 3-2 in the 90th minute of regular time. Forest vs Man United, United took the lead in the dying minutes of regular time as well with Casemiro scoring in the 89th min. While Liverpool are heading towards a 2-0 win against Southampton, Southampton looked threatening but 2 goal lead should be comfortable win for Liverpool.

Chelsea actually tried in the game yesterday because Chelsea tried their best. At first, I thought that Chelsea would find it hard to win Leeds United. I thought that the game would end in a draw until I saw their third goal entered the net by Gallagher. That is when I was happy for Chelsea because Chelsea are a team that is unstable, or you will have full assurance on them that they will win because sometimes Chelsea will definitely discourage you by losing or going on a draw, but all that aside, since they were capable of you winning the game 

Manchester United struggled against Forest because it almost got to the last minute that they were able to get their first goal, but since they won the match, it was a good one for the team, even though Forest are not that strong in terms of performance as Manchester United, but they almost got to a draw if not for Casemiro, who had a goal in the 89th minute. 

Liverpool badly beated Southampton in the last night's game, which ended with a score of 3-0 because they got their last goal in the 88th minute from Jayden. Although we didn’t even expect Liverpool to lose a home game, I think the game just came as expected. 
296  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: February 28, 2024, 10:34:39 PM
Even if I'm not in England but I can imagine how people are excited for this game between Manchester City and Manchester United. In fact, Manchester City is a team with many effective players in good form like Haaland and they have a coach like Guardiola.
Also, Manchester City has improved a lot after the bad performances they had at the start of the season while Manchester United is still not in the good form and this is the reason to say for this match we can maybe easily predict Manchester City winning the game and Ten Hag is going to be under pressure after this game.

So far, Manchester united has had difficulty beating Manchester city because statistically, Manchester united has only been able to achieve 1 win in 5 meetings against Manchester city. The enthusiasm of the supporters will certainly be able to raise enthusiasm for the players, but in this meeting I think Manchester city is really aiming to win to be able to overtake liverpool. For this reason, Manchester united has a relatively small chance of beating Manchester city.

Haaland showed his sharpness when Manchester city beat Luton, so in my opinion the Manchester city squad has good enough capital to beat Manchester united. With Manchester city consistency in the Premier League this season, I think they will make the most of this match to maintain their chances of putting strong pressure on liverpoll.

No one will even think that Manchester United will win Manchester City in the next game they are going to play, because Manchester City is way more strong in terms of squad and performance, so expecting them to win is like something unexpected to expect Manchester United to win. Although everyone has seen their last performance with Luton Town, I think I should reserve my words because Manchester City definitely won. Manchester United, so all discussions should be cut short because in the game that Manchester United played today against Nottingham Forest, they were just able to score a goal, although the goal consisted of three points, so we can still say that they tried their best, but their best is not enough to win Manchester City. 
297  Economy / Gambling discussion / Re: 🏆 The Emirates FA Cup - Season 2023/2024 on: February 28, 2024, 09:32:24 PM
fantastic performance for manchester city. despite competing away at his homebase luton. manchester city was able to win a landslide victory with a score of 6-2 in this match two players who became actors of victory incised a fantastic performance as well erling haland scored 5 goals and kevin  4 assists. manchester city's complementary goal was scored by defensive midfielder mateo kovacic.

Manchester City played a wonderful game yesterday. They badly beaten Luton Town because they played very well, although everyone thought that they would definitely win the game, and that was exactly what came as the results of the game because I know Luton Town don’t have that performance to think that they can win. Manchester City In the game, it can’t be possible that they have to increase their effort in their performance before they can think of winning. Manchester City, now the hardest they can do for Luton Town is to go on a draw with Manchester City. That is the best they can do, but what surprised me the most is the goals that Haaland got in the game. I was not expecting such high goals from him, but as the victory went on, he was opportune to have the goals, which was a nice improvement for the team.
298  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: February 28, 2024, 08:29:47 PM
What happened to Napoli? have they risen from their ashes? Did they wake up from lethargy? Did the new coach give him a magical potion? Incredibly they are winning 1-6 against Sassuolo who unfortunately is not going through a good moment and fight not to retreat in Serie B

Napoli performance on the game they played today against Sassuolo was such an incredible performance. Actually, many people will definitely be surprised by the results of the game, including me. I was so sucked when I saw they were just busy putting more goals in the net of Sassuolo, but some will say that it is a payback or revenge that Napoli is trying to do to Sassuolo because they were the ones that got the first goal of the game, so some will say that is because they first scored them, that is why they intend to surprise them with the goals no stop.

Although Napoli are stronger than Sassuolo in the league, I think this is not something that we need to be surprised by because they have one of the strongest strikers in the world with Osimhen, so he was the only one that had a hat trick in the game, so I will say it was such a nice performance from Napoli.
299  Local / Nigeria (Naija) / Re: The government can't fight the present situation alone on: February 25, 2024, 11:22:14 PM
What I discovered going in this market traders is that most of them want to use the current economic status and the issues of the dollar rate to get rich. If not, the way things are increasing in the market is almost getting out of hand; it's as if something is increasing every minute. To be honest, market traders also play a role in the country's current inflation rate. Even if the government wants to help, they will not see what they are doing because the people they want to help are not helping themselves. Although I have been following the news, I see that our president has called all the representatives of the business community of Nigeria, like Dangote, Tony Elumelu, and others, to discuss about the economic stability, growth, and how to tackle the current economic hardship in the country. 
 
So if we definitely want to see the end of this current economic situation, we have to also plan our own efforts to see that the market traders are selling their goods at the price that is supposed to be not increasing anyhow because many people find it hard to feed themselves these days and talk less about doing other needs for themselves. 
300  Local / Off-topic (Naija) / Re: Poverty will reduce if only people can do joint business in Nigeria. on: February 25, 2024, 10:23:11 PM
Why I bring this talk be say. I don observe say most of our people way get money they hardly bring out their money to take do business with the other person, I kw no if na fear or greed dy cus this whole thing. Because if 5 person’s way get like 500k join head together then fit established a business way den fit they share profit together. But for this part of Nigeria we hardly see average people way fit take that kind of step. My people I fit kw dy totally correct oo. But I just say make I talk since I don reason am in a way.

Most of the time, when starting a business, there are many things to consider before you put your money into it. First of all, how confident are you that the business will succeed? Secondly, for those that are engaged together with you in the business, how can you give them trust? There are many other things that you can think of as the negative parts of a joint investment, and you will also check the positive parts so that you can compare and contrast. 

Let's take the example you gave as a case study: if 5 different people with the same amount of 500k come together to establish a business, they will start up a business with an amount of 2.5m, which means they are starting a small business. The profit they will get every month will also be small, which, as estimated, will not be more than 50k so how did you expect them to survive with 10k each because that is the share of the investment?

Most especially if the investment they made is worth it, they have workers that are working for them in taking care of the business, which means they have to pay their workers inside the profit they make them. The remaining percentage that remains will be what they are going to share among themselves, so when this continues to happen, do you think they will endure the business or will it definitely crash? 
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