Security is part of the basic knowledge required for investment in digital assets. If an investor did not take security seriously, every other thing will result in a waste of time amd energy. Every investor in cryptocurrency must atleast know how to protect the secret information, know how to set additional measures like two factor authenticator and other security tips that help protect the assets.. Anyone who have fallen victim of hack before will know the importance of security. Its is not a good experience, hence the reason it is important to prevent it from the beginning.
Any body wey no care about him asset nai go actually no think of security because I believe say when it comes to anything crypto security must follow am for back because the crypto space is filled with lots of trick and scammers wey fit divert or hack your account at anytime. People plenty for this crypto space wey no their direction as many of them just find their self for here base on one or two benefits wey dem see another person get. You know say in this crypto space wey we find ourselves, as we dy look for way to use make am big inside this industry, some people work too na to how to use make am true scamming or wuruwuru, and to tell you the fact, na newbies nai dy mostly enter their hand pass, because Dem no too dey enlightened on how things dey go for the industry. Another thing wey really need to dey careful with na where we dy login our crypto account, because e dy really dangerous, especially for our security, I dy talk this things because some people get the harbit of logining in the account with people phone, via web browser, so if you dy do dat practice, e better make you stop am now, before e go dy too late. |
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With the little knowledge I have, I have seen a lot of people scalping and making it than those that does a full trading(hours, days) but they tend to lose so easily can we say it greediness or it's not advisable generally
To me scalping is just a pattern of trading just as any other pattern, and all of them have their own advantage and disadvantages, but to me what I think that is important is knowing the craft and how to react to what the market is giving you, not what you feels like will play out. And while scalping it's very important that your decision making will be very swift and spot on so as not to miss any opportunity that comes begging, so what am trying to say is that no matter the system we are using to trade, all of them are ok, as long as we actually knows what is required of us, for we to succeed in the market. |
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Maybe it depends on the seminar session you will attend. If the speaker is really a well-known or reputable trader, I think the price is worth it, and what will be taught is okay. But the others are just pretenders; they just wear formal business attire, and when the session comes, the teaching is not worth what they paid for.
but most of the seminars about the trading session were actually turned into business. only had a little knowledge of trading made for work. As a matter of fact, there are even more good people here in the forum who are good at explaining trading or blockchain technology, not because I am here in this forum.
couldn't agree more with this statement the people that usually creating courses, seminar and so on about trading and they require you to pay to have access to certain specialized item and things like that are no master in trading they are literally trying to find money by sweet talking people into buying their courses and so on, definitely not worth looking into. trading is just speculation and that's it, you can have technical analysis or anything similar, that only increases the odd i firmly believe that trading seeing the pattern of the market and so on at the end of the day depends on luck and the ability to gain insight and knowledge ahead of other to get advantage of buying when the storm hasn't hit yet or selling when the storm hasn't hit yet. that's the essence of trading. plenty of traders out there trying to taught their "unique" way of knowing how market behaves and when the people that bought into their sweet talking tried such strategy on their own, the results are massive loss, their capital losing over the course of the time. if any newbies eager to learn, just try trading with small money you will eventually learn at some point believe in your own capability. I really don't think so, do you know that most of the losses most traders are having in the market is as a result of lack of proper knowledge in the craft? It's true that most of all this influencers knows nothing about trading or they are not that good as they claim, and to me, that is true but if you have been ever thought by someone that is good, bro, you will know that their is always a difference of learning it yourself and learning it from someone that actually know the craft. And another thing most traders have failed to understand is that when you don't have someone that knows the craft to teach you, their are so many things you wouldn't know, something like knowing when to stay off the market, something like identifying support and resistance and many more, but too me, it's very important you learn from someone that knows the craft, instead of fooling yourself with your money and be losing your hard earned money, because in this life, before you go into anything, the first thing that should be done is to seek knowledge first, then the rest is secondary. |
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Plus it's also very important for the newbies to know that it's better to concentrate all of their capital on one asset that's NEVER going to go away, and that's Bitcoin. Those "traders" who buy and sell different altcoins/shitcoins will definitely have a harder time finding which narrative is the current one to "trade" because the market this cycle is VERY dispersed. There's simply more and more cryptocurrencies and tokens listed in more and more exchanges, centralized and decentralized, under different sectors.
Because it is so dispersed, I believe it might make many of them surge in smaller and shorter durations.
Traders can never be considered as an investor because they don't hold a particular asset for long because they are there moving their assets from exchange to exchange seeking for coin and shitcoin to buy that could possibly give them 2x 10x, and possibly 100x within the period of their investments. They don't care if bitcoin gets whatever amount what they think is the little profits they scratching up from their trade, and of course the best assets to hold is bitcoin currently they won't know what they are doing because they thought price of bitcoin could continue to be this cheaper as they think, and the best place to sink their capital is bitcoin. I really don't think you get the clear picture of trading bro, when you talk about trading, you are definitely talking about the future market, which is totally different from buying, holding and selling when the coin you bought has appreciate, and that is the spot market, in the spot market you can't lose your money as long as you don't sell. But the major issue most people are facing is that they are buying the wrong coin, some people even know that the best is Bitcoin, but they are going to tell you that their is not much profit in Bitcoin, forgetting that shit coin fall more than they rise, and when dealing with shit coin, you will eventually get burn at some point, but with Bitcoin, it's a win win situation as long as you are a long term holder. |
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Bitcointalk account: barikui1
My vote goes to: hatchy, agbe, amphenomenon
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What’s the possible way of growing your account size….
This is one of the problem that affects traders how to grow there accounts to a big size.
I came across a thread on x by a crypto guru who said the best way to grow your account is by having a strategic edge, proper risk management and Discipline as a trader.
And I buy his idea.
Every trader wants a suitable account that why you see some traders over-risking, flipping and over leveraging there account.
What we just need in such case is catching high probability trades, having a working strategy and proper risk management.You are good to go and you grow that account, but we most know that it is a gradual process don’t expect to move your account to thousands of $$ in a day.
As traders we also need to trust and believe in what works for you, rather than jumping from one strategy to another or from different schools to another, this will help us develop our own edge.
Avoid pressure.
Let discuss on this guys, and enlighten ourselves.
The idea he shared with you are good, but I don't really think that's all that is required to grow your account size, to me I think they are numerous, which are; * Knowing when to stay off the market: people don't know how important this is when trading, when the market structure is not giving you a clear understanding, it's best you stay off, so that you won't lose money. * Patience in waiting for the right set-up: it's very important that you have to wait for the right set-up so that you won't lose the gains you have already made, don't trade when you don't see opportunity. * Know how to use your leverage: it's very important you know how to use your leverage properly, so that you won't liquidate yourself, by too much leverage. That's the few I can recall for now, but do not forget that you must also be good at technical analysis and fundamental analysis in other to be successful. |
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It happens all the time with bitcoin ATH, where investors avoid buying the ATH rather than waiting for the dip again before they can buy. I want to draw a quick summary of all the bitcoin all-time highs first to remind you that if you had bought in the previous ATH without minding the price, you are on profit now. And this is to encourage us that buying the ATH is not as bad as we think. My theory is to buy high or low and not sell. You won't lose if you don't sell, and imagine your DCA in one form or another since you would have no regret at all. Obviously, it is not the best option. There are two type of investors i know this period and how it is affecting them There are the ones who always buy without minding if the price is at the top or at the bottom. They know it may not be the best bitcoin accumulation plan, but they have had the experience, and right now they are on gains. It may not be massive gains, but they are on the green. The second type is the bottom buyer. Those who patiently wait for the dip every single period. It is mostly seen as the best plan since you don't have much to lose and the price will surely go back up. Not everyone is successful with this strategy, some end up not having to buy at the dip because they feel it is too expensive to buy even when it has dropped a little. They end up never buying at all despite whatever price it falls down to.  Source of image link here: ATH Chart LinkYes it's actually true that people that were able to hold without selling are now in a profit, in spot buying, you can't lose your asset as long as you don't sell, but the major problem is how far can you hold, because I believe that not everyone has the patience to hold, even those that have the patience, don't have the right knowledge on how to hold effectively, like having a source of income and having an emergency fund so that you won't have to fall back to your investment anytime you are in serious financial issues like rent, feeding and health emergencies, but if you can have them in place, then I believe you are ready to hold, because patience alone is not enough. |
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I actually don't really sees it as something necessary to be considered before putting someone in charge of your business, because I believe that everyone is unique in their own way, what is really important to me is not the gender, but how skill that person is, that is what am more concerned about, and besides we are in the 21 century for Christ sake, so giving someone job base on gender is totally wrong, it should be done on merit and qualification, though their some type of businesses that requires to choose a particular gender, something like truck drivers, it's rare to see any woman doing it, and it's even rare to see men doing care giving job, because men don't have the patience needed to do it.
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My country people, i dy greet ona inside this afternoon, today I wan talk about one thing wey most of us know but we fit still fall victim if we no pay close attention to, and that thing na third party account during p2p transaction.
Seriously if no be for now wey I see am wey I go dey careful now, if I dey trade before, immediately I just dey receive money, wey I check my mobile bank and I see say money don enter, I dey release coin immediately, I no even dey check the name of the person wey send d money give me, but I don learn something today be that, I go dey confirm if na d buyer account or na third party account. But make I ask dis question, if u discover say na third party account d person use send money, are you suppose to appeal or what are you suppose to do at that particular moment? How will the exchange resolve that kind of problem? To be frank, it has never happened to me before, and I always pay close attention even to the least details, especially when doing p2p transaction, but if such an event really do happened, what am going to do firstly is to escalate it by withholding the asset and report it to the exchange as fraud attempt, and wait for their response, my next line of actions will be determined by the response I get from the exchange, not the buyer, because I believe that's the logical thing to do. |
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Yes, this is the preliminary final. Many people predict that the winner of this match will win the Champions League competition this season. This entails them disregarding and underrating every other team currently competing in the league and awarding victory to either Manchester City or Real Madrid based on the outcome of their quarterfinal game. The debate over who will win this match will continue until the game is played and the weaker or unlucky team is eliminated from the competition. But before that, there will be a lot of speculation about the match until the final day.
This is because Real Madrid and Manchester City are the most prominent clubs in the Champions League. Anyone who faces these two clubs will definitely feel worried because they will not be able to beat these two clubs by eliminating them in the Champions League, and now the two of them meet in the quarter-finals and determine who between the two is the strongest to advance to the semifinals and perhaps it is the club that will get the Champions League title that wins this big match. It is quite difficult to predict who will win the match between these two clubs because they are the best clubs in the Champions League so whatever they do has a big impact on the pitch. However, there are several key Manchester City players who suffered injuries during this international break and that is good news for Real Madrid in facing Manchester City. The news of a player being injured is definitely good news for their opponent and when the Manchester City player is still absent then Real Madrid will take advantage this opportunity to win and try to make things difficult for Manchester City, this is the right time for Real Madrid to take revenge for last season by beating Manchester City with a big score, it seems there will be a lot of shooting attacks between the two clubs on the field. It's very true that this particular game is really going to be a fascinating encounter, and it's that kind of game that will keep you at the edge of your seat if I must confess, but I really do think Manchester city are up for it regardless of the injuries they are actually facing now in their team. And another thing I know that will definitely be a deciding factors in this contest between this power house of European football is the tactical impetus of the both coaches on that day, because pep guardiola and ancelotti are very good coaches, but I believe that any of them that comes out on top tactically will win the game. |
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Bayern Munich will undoubtedly be considered favorites against Dortmund. Munich's past record against Dortmund is very good. Munich have won their last two matches against Dortmund by 4-0 and 4-2 respectively. And of the last 5 head-to-head matches, Munich have won four and drawn one match. So it is expected that Munich will win the next match as well. Moreover, the Dortmund team is not in a good rhythm now.
I also don't doubt Bayern Munich for this match where they will ensure the three points even though it won't affect their position in the standings because they are too far behind Bayer Leverkusen. Borussia Dortmund is not a team that will give Bayern Munich difficulties later, because the statistics say so, what's more Bayern Munich is in very good condition, after the surprising defeat to Bochum Bayern has not been defeated and is even the team that scores a lot of goals, and considering that Dortmund is also defense is not so good that it is very possible that Bayern will score several goals or the score in their last two meetings will be repeated again in this meeting, although Dortmund certainly does not want to be replaced by Leipzig who are ready to move up to fourth rank because facing Mainz it is very possible to get three points. I sees this game more like a banana peel to Bayern Munich if they feel too complacent of how it has really been easy in putting dortmund away, mostly at the alliance arena, but if they don't feel complacent and they decide to take this game very serious, them I am quite positive that they can win this game very well, considering the fact that their performance of recent have really improved, so just as favourite as they are now, it wouldn't be ok at all to their fan if they can't win this game, so it's a must win game for Bayern Munich, to build more confidence ahead of their upcoming encounter between them and arsenal. |
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 Manchester United will face major obstacles in making this happen. United's rivals, Tottenham and Aston Villa, should consistently fail to accumulate points. Tottenham is only 6 points ahead, united while Aston Villa is 9 points to the united. The main issue is that the remaining matches are becoming fewer, and it is extremely difficult for Manchester United to overtake Aston Villa and Tottenham considering fewer matches remaining make it even harder and mu potentially widen the gap. Things at least look better for Manchester United as if they win their delayed match, they will have only 6 points less than both Aston Villa and Tottenham Hotspur. It is a smaller gap than weeks ago and with 9 more matches, Manchester United can hope that Aston Villa and Tottenham Hotspur will lose points because these competitors are not stable in their performances. However, Manchester United must get nearly perfection in their rest matches and it is very challenging task for them. If they can not do it, dropped points from two competitors might not be helpful for Manchester United to improve their ranking at all. Manchester United are not consistent with their own games, they can't go 5 straight games without losing a game. While they are waiting for Aston Villa and Tottenham to drop points, I can bet that Manchester United will be the first to drop points. Manchester United inconsistency in the earlier part of the season was the reason why they are still in this position. While they were losing Aston Villa and Tottenham were busy gathering points. It is really going to be difficult for Manchester United to overtake two teams who are determined to grab the champions league spot. But this is football anything can happen, but to be realistic it will be difficult for United to overtake Aston Villa in the top 4. Yes, I also share the same sentiment as you, the higher level of inconsistency in Manchester united team is just too much for a team that wanted to play in Europe most prestigious competition, the uefa champions league, so I really think they are going to struggle to qualify, because their is never a guarantee that Manchester united can maintain a winning streak and be expecting Aston villa and Tottenham Hotspur to drop point, because with their high level of inconsistency, it's more likely for them to drop point than the other teams just as @octradism has already said. So I think uefa Europa league is more likely than the uefa champions league. |
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Charles-Tim I have not really understand why di third party of a business account is not good to pay someone in the process of peer to peer transaction in centralized exchanges. Most using of POS and going to ATM to send di money. Frankly speaking, I never know di implication on dat note.
It is because of dispute, so that the sender can show proof that he sent the money and the transaction is already successful. Once the exchange see the name correspond with your exchange name, they will know that you are the one that actually send the money. But if the name is different, they will disregard your report because the exchange will not know if you are the one that send the money or not. It's actually true, but the primary purpose of this thread, and also why most exchange kick against it is that money can be sent through and account that has been compromised, and you as the benefactor, you didn't pay close attention to the name, wether it matches the name in the p2p platform, and when a police investigation is carried out, you will start now be required to explain how that money gets into your account, which you wouldn't be able to give account off, because you didn't pay close attention to the senders name, so it's very important that the senders name matches in the p2p platform and in the alert that you saw, for safety purpose, so you wouldn't be paying for crime you didn't commit. |
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For the past two days now the Naira has for what we will say been regaining value against the Dollar at a former rate of $1 to #1,500 to currently at around $1 to #1,234.56 as at the time I was putting this note together.
Now the main point of my writing is this. In the market we have been facing a sharp constant increase in the prices of goods and services with marketers and business owners blaming it on the rate of dollar against the Naira which has in turn led to the rise in prices of the goods and services, the baffling aspect is how this has to also affect locally produce goods like garri, yam, beans, corn, and the list is endless.
Right now the Naira is gaining weight in the parallel market for the past two day or more and yet there has not been any drop in the price of goods and services in the country, instead we are continuously experiencing the price increase of goods and services. On a normal circumstance we are supposed to be feeling the effect of the Naira appreciation but reverse is the case.
So what's the significance of the appreciation of Naira at this moment to the Nigeria economy since we are not feeling that effect on the prices of goods and services up till now? Or it's this just a manipulative sham.
As naira dy appreciate to dollar and nothing dy change in price of things no dy surprise me at all because I know the kind country we from, and secondly, naija wey we from, we no get agencies wey dy control price of goods and services in the country, I say so because the agencies wey dy do all those work, no dy do anything, them just dy there like say Dem dy, but nothing them dy do. And another thing wey I think say they also affect the price of goods, especially food, na the high cost of our crude product, due to subsidy removal, so I no really think say na only dollars they make things cost for we country. |
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Maybe your first few months into your accumulation might not follow the best order and you might probably not buy at the best rate or with the right amount but the reality is that you learn more by doing rather than wishing or making multiple plans that end up not being executed. Like boss JJG rightly said, it's not a complex thing as some people are taking it, you just have to start somewhere even though it's as low as $10 or $100 depending on what's convenient for you. Thier is this feeling that's associated with seeing real result which will help you accumulate more. As long as you've started already, thier is a high probability that you will likely accumulate more but if you're yet to start, then it's almost certain that you will have to wait much longer thierby putting yourself in a position where you will possibly buy at a higher price than you should have bought it if you hard started earlier. People may doubt on something they want to get in since at first they don't have knowledge about investing on bitcoin since this is new to them but once they got a lot of experience and learnings about what's better investment for them for sure that they will find holding is more better since they would compare all the losses they get from frequent trading than by just holding itself. Also for sure they would learn that its not stressful to execute this type of investment so for sure that once they learn and experience the worst on their early part of trying to earn with bitcoin they could figure out that holding is more better whatever figures they put for long term purposes. All those who come to invest in cryptocurrency (BTC) invest their capital by analisis the market,whatever you call trading and long term. The BTC market is a bit more volatile so it may take some time to understand but most investors are very skilled. It is doubtful that there are any precedents for bad experiences in terms of bitcoin. As far as I know no one has suffered from short term investments in bitcoin. If someone is in too much of a hurry, it's a different matter. In the long run Bitcoin gives you greater protection of your principal. On the other hand short-term investing can cause your nerves to fray every moment. So everyone wants to protect themselves first. Your statement is not that clear, but I understand what you are trying to say, it is also true that most investors knows how to analyze the market, but I don't really think it's necessary or needed if you are investing in Bitcoin for long term purpose. And if am correct, you said that you have not seen anyone that have had terrible experience as a short term investor, bro, there are so many investors, that have had bad experience due to their short term thinking, because they sold when the market was in a major declined, thinking that their short term goal cannot be met, if they decide to hold on longer, some it was even fear, because they thought the price of Bitcoin cannot recover, so to me, the best way to think as a Bitcoin investor, is to think long term only, so as to reap the full dividend of your investment. |
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Actually it's a welcome development I must admit, because it's a decision that will affect him directly in the future, but it's also a decision that will look like a direct attack to his predecessors , and most of them I believe may be his bosses and it will definitely looks like biting the hands that took him to the top, though I have heard of few governor's in Nigeria that have done that in the past, but
I think it's really a bold move that is very much commendable, and just like what the op has already said, that crazy amount of money they are being paid will be channel to something else, that would be beneficial to the state.
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We are going to have one of the best game with both competitive teams with quality offensive going to face each other, and we have competition between experience and quality which is going to decide who is going to progress with Arsenal is having good chance after years to spot them into last four and Bayern Munich which is currently having 2nd spot in Bundesliga with only fair chance of trophy is here will give their best for the promotion into last four.
But, with this all we have to wait for the update about few players those are having injuries into last friendly international games which are surely going to have big impact on these games as well because missing of any player is going to be problem for the team but sadly right now we have updated just news few players are having injuries and things are going to be for these giant clubs which are now looking for the progress.
If you look at what happened in the past, the competition between Bayern Munich and Arsenal was not that fierce because Arsenal did not always perform well on the Champions League stage, unlike Bayern Munich and even in the last meeting the two Bayern Munich teams were able to beat Arsenal easily. Even though this season is different, if you look at the overall performance of the two teams in the Champions League match, Bayern Munich is much better than Arsenal. I think several player injuries due to the international break will not have a significant impact because teams like Bayern Munich and Arsenal have quite capable back-up players and whatever the situation, the match between these two teams will be quite interesting. I also share the same sentiment as you bro, people don't actually know that the uefa champions league is totally different from the English premier league, let's take a look at the performance of arsenal in the premier league, they are actually fantastic, they have been putting teams away easily, but in the uefa champions league, that's not the case here, they are not as free flowing and as dominant in their play as they are in the premier league, and to me it all boils down to lack of experience, which to me is really going to cost them this match against Bayern Munich, but if you look at Bayern Munich, they have really improved of late and their head to head record against arsenal is better, so I still think they are going to knock arsenal out of this year champions league. |
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I'm not surprised at all that Arsenal is a favourite against Bayern. Arsenal's stats in the Champions League group stage look better than Bayern's. Although Bayern has earned 16 points, and Arsenal 13, I think the German team had an easier group. In terms of average goals per game scored and lost, the stats suggest Arsenal is better in both offence and defence:
Arsenal: 2.7 scored and 0.7 lost
Bayern: 2.0 scored and 1.0 lost
The same stats for league games are at a similar level, but it's hard to disagree that the Premier League is much stronger than the Bundesliga.
That being said, it's a bit concerning that Arsenal struggled to get past Porto, as they needed a penalty shootout to go through, and I think Bayern is a better team than Porto.
I also think Arsenal is naturally the favorite. Because however, currently Arsenal is also ranked at the top of the Premier League, even above Man City. But in the UCL I could probably consider Arsenal and Bayern equal. But if I had to choose who to bet on then I would choose Arsenal. Even though H.Kane and his friends could destroy Arsenal's defense, I am sure that Arsenal has an attack line that can destroy Bayern's defense, which is actually not as strong as Porto. Meanwhile, Arsenal has a defense that is almost on par with Porto so I feel Arsenal deserve to be favourites. Are you really serious? You think arsenal can destroy Bayern Munich? Noo, I really don't think so, in the uefa champions league, quality and experience is the most important thing needed to have a shot at glory, though this arsenal team have the quality, but they don't have experience needed to execute that, just look at how they struggled against fc Porto due to lack of experience, and I think that will actually cost them in this upcoming encounter between them and Bayern Munich. |
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Yes, it looks like Arsenal Liverpool and Manchester City will be chasing each other in terms of points until the end of the season and it will be difficult for these 3 teams to drop to 4th place because the points difference with Aston Villa is quite large.
What they care about right now is the championship. If they don't win the championship trophy, 2nd, 3rd or 4th place is not important to them. And with the upcoming match between Arsenal and Mancester City, there will be teams falling behind. There will be no second chance to correct mistakes because this is their last direct confrontation. The result of this match will greatly affect the Premier League championship this year. I hope Arsenal can defeat Mancity, to start a new era. I think this is actually true bro, this is the last confrontation between one of the teams fighting for the title, so their is no second redemption after this meeting, and after this particular game, it will be obvious that the faith of one of this teams will definitely be in their hands, so I think this particular game is really going to play a crucial role in who is going to be crown champions between now and the end of the season, it's a must win game for the both teams, and as for Liverpool, it's going to be a win win game for them if it ends in a draw, but it's really going to be a fascinating contest among them, between now and the end of the season. |
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Bro e get one parable wey Dem dy normally talk for our country naija, say; use your tongue to count your teeth, as the country be so, wey people dy suffer up and down some people no even know where their next meal they come from, some people dy die because them no get the least money with them to treat malaria, wey later kill them, some people are even homeless, in such a situation who wan even think of mental health? Them go ask you say we dy find food to chop, you, you dy here dy talk of mental health, bro poverty have eaten deep into the society, people are more concerned on how to survive, than thinking of mental, as e be so for we country, almost everyone dy craze, because life don show us high level shege, so don't be surprised bro.
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