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341  Economy / Economics / Re: Save your environmental economic cycle on: October 12, 2023, 03:56:55 PM
When countries like Sri Lanka have gone bankrupt, my country (Bangladesh) is currently in a chaotic stage of economic uncertainty, food shortages and economic disaster have arisen due to the daily increase in the prices of essential commodities.  Even almost worldwide, economic problems have become a major factor in many countries.  The government is now failing to maintain economic balance.  It has become very difficult for those who run grocery stores with little capital, because it is not possible to compete with the big stores on price, also supermarkets now offer various discounts for promotions, due to which the situation of small stores is getting worse day by day.
Many countries that have been dealt with economic problems and most of them are having hard time to recover.
Food security problems, inflation, financial crisis and all sort of those problems that are making a lot of noise to their citizens that causes them to rally.
It's not an easy problem that can be gone with just a day or weeks or even months for them to push the government to solve it.
It is indeed very difficult to recover from the economic situation if the government does not think about the fate of its people. It is important for the government to be able to maintain stable prices of goods so that everyone can afford to buy them and also provide jobs for the community and if this cannot be overcome there will be a lot of commotion. You are right that this cannot be resolved easily the government must really resolve it so that people can easily meet their needs.
342  Economy / Trading Discussion / Re: Stop Trading on: October 11, 2023, 11:21:34 AM


✂️✂️

7) Series of Successes

This is difficult as one success makes you want to go on and on. Know that with series of successful trade especially in a season comes with over confidence which will make you not pay attention to your rules to effectively execute trade .

When we start trading we don't have much knowledge and know-how, but gradually we gain experience as we work. A businessman does not become successful easily, but many failures are hidden behind his success. We know that every job takes a lot of effort and time to complete. Similarly, in trading, success comes too late, after enough time and hard work, success is possible after losing money. When you get good education about trading right then if you start trading it tries to give good profit. But when you have a good understanding of the market, you can trade confidently and profit during that season. When you can trade profitably then you will focus on trading, and if you don't gain experience then you will never focus on trading.
Experience in trading is very important to be used as a lesson, before starting trading, no one is an expert only with the theory he has without any direct trading that he does and as time goes by, many things will change about us, both regarding planning and also goals. in trading and everything comes back to each individual in responding to it.
Indeed, there are some people who become greedy from a series of profits that they get, which makes them go down the wrong path, but that is not a reason to stop trading because this is not something everyone understands.
343  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: October 11, 2023, 11:02:00 AM
Mbappe would make Real Madrid reach another level if he joins them next summer. They have already been much stronger thanks to Bellingham addition. He is really unstoppable these days. I believe a trio of Mbappe - Vinicius Junior - Bellingham would be very deadly in the attacking line. But will this transfer really happen?

For now things are going on really bad for PSG side. They aren't much likely to be successful this season. They might not make it to next round in the Champions League and they can risk their title chance in the Ligue 1 with this game as well. These things all should affect Mbappe's decision to stay or leave.
The transfer regarding Mbappe has been very protracted but that is normal because Mbappe is one of the best players in the world today.
If Real Madrid succeeds in getting Mbappe this summer, I think the Real Madrid team will not be stopped again, now Real Madrid's problem is just not being sharp on the front line and of course Mbappe is the most appropriate solution.

Yes, PSG's performance this season is very bad, and this is also a driving factor for Mbappe to want to immediately leave this team, because it is impossible for a player like Mbappe to want to stay in a team that has no potential to win like PSG.
344  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: October 11, 2023, 10:42:22 AM
In the end, the chances are always the same every year where the competition for the Bundesliga will only belong to Bayern with its privilege (consecutive champions) and the second option when Bayern plays badly then the new Bundesliga title can be contested.
There is nothing to expect really when it comes to some speculation about the Bundesliga championship because in the end everything will remain the same as usual as in previous years.

Honestly, discussing the championship in the Bundesliga will actually seem boring because in the end everything will only return to Bayern even though in this case we cannot be completely sure but still a big chance will only be in Bayern for the Bundesliga champions.
If in the end the Bundesliga only talks about Bayern Munich it will be much more boring because there is no strong challenger for them in fighting for the title. I hope Alonso can bring big changes to Bayer Leverkusen and in the end he can become the first coach in the last five years to break Bayern Munich's dominance in the Bundesliga. Last season we saw Dortmund as one of the strong challengers to Bayern Munich, but surprisingly and quite embarrassingly they failed in the last match at home.

In my opinion, the Bundesliga needs to be controlled by several billionaires from Saudi Arabia, so that it looks more competitive in the fight for the title and the purchase of some of the top players in the world. Today what we see is that Bayern Munich is the only club that does that and even Dortmund tries to sell its best players every season.
However, in reality, in the last 10 seasons, Bayern Munich has been able to dominate the Bundesliga and the prestige of the Bundesliga is still stable, even though at the end of the season, Bayern Munich is always the champion.
And at the start of this season there was a lot of speculation after there were several teams that performed well so that they were looking forward to being able to break Bayern Munich's dominance, I think it won't be easy.

Bayern Munich's financial strength is very different from other teams, and thus it is very difficult for other teams to compete with Bayern Munich in the Bundesliga. Yes, there is no other hope unless there are big investors who enter the Bundesliga teams to be able to compete fiercely with Bayern Munich. as happened in the Premier League with Manchester City and in Ligue 1 there is PSG.
345  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 11, 2023, 10:20:00 AM
It's true that that's another possibility that could happen, we haven't seen how Tottenham will play without Son. Even though I don't hope for it, if Son is injured or absent for some reason, Tottenham will have difficulty consistently achieving full points. On the Man City side, Pep squad has a habit of being hot late and looking more aggressive in the last half of the season, I predict they will return to stability quickly.

With Man United and Chelsea inconsistency this season, only Man City, Arsenal, Liverpool and Tottenham are in tight competition for the title race. Even though Tottenham are top of the standings at the moment, I think Arsenal and Liverpool are more worthy of challenging defending champions Man Ciy, and Man United and Chelsea are likely to finish outside the UCL zone this season.
If you look at the current performance of Manchester United and Chelsea, it is very likely that they will not be able to compete closely at the top of the Premier League standings this season to be able to finish in the European zone. I am really very pessimistic about these two teams.

However, regarding Tottenham, I think we should not underestimate them this season, the strength of the Tottenham team is quite comparable to Man City, Arsenal and Liverpool, so it is possible for these 4 teams to compete fiercely for the title this season.

Chelsea will find it very difficult to find a draw at home if the opponent is Arsenal, because as has been seen, Arsenal have started to be more consistent in winning matches. And in general, Chelsea's strength this season is still very far below Arsenal's, so it will be very difficult for Chelsea to hope for a draw at home when facing Arsenal at Stamford Bridge. Apart from that, what you say is also true that Arsenal will be more confident in the next match after Arsenal managed to beat a team that is quite strong this season, namely Manchester City.
It is indeed quite difficult for Chelsea to get points in the match against Arsenal, as we know that Arsenal this season is very strong and that is in contrast to Chelsea who so far have not found their best performance.
I also think it is very unlikely that Chelsea will get points in this match even though the London Derby match is played at Chelsea's home ground.
346  Economy / Economics / Re: Help me analyze the feasibility of this business idea on: October 11, 2023, 09:55:11 AM
Your idea is good. To have different means of income is really important in this present economic hardship but the challenge will be how you can manage your time.

Somehow cryptocurrency business is time consuming and you also have to give it time if you want to succeed in it except you are only hodling but if you plan to trade without giving it time it gets you into loses. But surely there is need to diversify your income source and the area of interest is in line with what you are already having basic knowledge on.
Developing existing potential to be able to earn income is quite a positive thing where there will be a feeling of joy and self-satisfaction after we do the work, there is no excessive burden which is a big advantage for ourselves no matter how small or large the income we will generate .
In this life we will never have enough of the income that we have so that in various ways we will make efforts to develop our income, and it is true that there is no benefit that we will get if we are not able to develop the knowledge that we have have.
347  Economy / Economics / Re: Bitcoin Is Better Than Digital Gold on: October 11, 2023, 09:36:39 AM
Both Bitcoin and gold are better than fiat in my opinion. You should use the Fiat as a comparison option. Instead of using the expression "digital gold" which is no longer real gold. Don't be easily fooled by silly things, gold is a physical form and it is better to remain in a physical form. Bitcoin was designed from the start as a digital asset with a clear algorithm that cannot be changed, its supply cannot be increased or decreased from the initial yield and the final yield of 21 million BTC is simply reduced by the number of holders who have lost their keys or died.

But if I had to choose, I would probably choose bitcoin instead of gold because gold only has the effect of storing value and cannot bring us significant profits because it has become stable. Meanwhile, bitcoin can both be a long-term store of value and can bring us significant profits because of its potential. But fortunately we don't have to choose and can use both to ensure the safety of our assets. If someone has a lot of money and wants to diversify for safety, gold and bitcoin should be the top choices.
That's true but back to our goals, if we just want to save then it's better to use gold but if we want to invest for big profits of course Bitcoin is the right choice, but again everything has possibilities and risks and both will be comparable.
Personally, for me who has known Bitcoin for a long time and believes in it, of course I will choose the same as you, but that doesn't apply to everyone because not everyone believes in Bitcoin's future will make them profit.
348  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 10, 2023, 03:59:16 PM
On paper Arsenal should be able to beat Chelsea at Stamford Bridge, their relatively stable performance this season reached its peak when they managed to beat Man City. On the other hand, Chelsea is just showing signs of a revival in performance after experiencing ups and downs, they achieved positive results in the last two matches over Fulham and Burnley. Chelsea and Arsenal have almost equal squad depth, but the strength of the two clubs so far is very different, Arsenal sits in second place while Chelsea is ranked eleventh. In short, Arsenal has a better and bigger chance of getting three points, for Chelsea the most realistic target is to hold Arsenal to a draw.

On the other hand, this London derby match will only be held after the second period of the international break, Arteta and Pochettino have lots of time to prepare everything for their respective teams. It is possible that several injured Chelsea players will be available again, but of course it would be too risky if Pochettino immediately made them starters in the starting XI when facing Arsenal.
Even though they are playing at Stamford Bridge, Chelsea's home ground, Arsenal's chances of winning are quite big. We can see it realistically that these two teams now have different qualities, apart from Chelsea's current revival which has managed to win in its last 2 matches, but in my opinion overall The quality of the Chelsea team is far behind Arsenal this season.

Moreover Arsenal have just won a big match against Manchester City which has definitely made the mentality and self-confidence of Arteta's men improve.
349  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: October 10, 2023, 03:41:56 PM
I just don't understand that there are still people who doubt Bayer Leverkusen even though indeed, Bayer Leverkusen also still cannot fully guarantee to stay at the top of the Bundesliga standings until the end of the season. But anyway, because Bayer Leverkusen has managed to have good results from last season until now, then at least the doubts about Bayer Leverkusen maybe a little lost. Because with good performance and stable results also so far this season, then I personally will not doubt Bayer Leverkusen this season, because of course Bayer Leverkusen has a very good chance to be able to compete in the Bundesliga title race this season.
That should be the case after seeing Bayer Leverkusen's performance since being handled by Xabi Alonso, which continues to improve and they should be the favorites to be able to compete fiercely in the race for the Bundesliga title this season, I think no one doubts that.

And we also see that Bayer Munich's inconsistent performance this season makes it possible for them to be hampered in the middle of the season. After a long time, I think this season is a very big season for Bayern Munich to be able to defend the Bundesliga title and not just Bayer Leverkusen. Its performance is improving at the moment, but there are several other teams that could stop Bayer Munich from winning the Bundesliga title again this season.
350  Economy / Gambling discussion / Re: How was your first experience with gambling? on: October 09, 2023, 06:16:05 PM
If you can control yourself in gambling it is easy to overcome all obstacles but some gamblers have no problem at the moment but are suspected to be addicted in the future, they can take some steps to control themselves. This includes setting limits on gambling. Apart from this determining the amount of money spent on gambling can also be a good step in this regard also the more time spent gambling the more money wasted. Set a budget before the game and stick to it great if there is a win but don't be disappointed if the luck doesn't continue.
Controlling ourselves when gambling is a very important thing to do so that we don't cause big losses to ourselves or others. Setting limits when gambling can protect our finances so that we don't take all the money we have to gamble and this really helps us not to become addicted to gambling. In my opinion, people who can control themselves in gambling certainly have a lot of experience in the field of gambling so they know when to do it and when to stop.
351  Economy / Gambling discussion / Re: Gambling by financial dependents. on: October 09, 2023, 05:50:02 PM
We all know that gambling is hard to stop, especially if you just started it. Yes, let's say he is a responsible gambler but he is still too young, right? many things can happen. Maybe later he will be ruined and become
more addicted to gambling. It would be better if he doesn't know anything about in gambling so he can just
focus on studies

It's hard for today's youth to get addicted to gambling, especially if you're still a student, because this is
where a child's life begins to become chaotic if you don't guide them properly.
In my opinion, this really depends on a person's personality because if they cannot control themselves in gambling, of course they will experience financial ruin and many other problems that can occur if we have experienced a gambling addiction. Yes, you are right, it would be better if they never tried gambling so that they would be able to easily learn many other things that are more useful for themselves. If you are addicted to gambling when you are a teenager then this is a very bad thing because it is very good to spend your teenage years learning things that are more useful for themselves and if they are familiar with gambling it will be better if someone cares about them and teach them not to do this because this could harm themselves.
352  Economy / Gambling discussion / Re: If we lose in gambling, what do we need to do? on: October 09, 2023, 05:26:05 PM
In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?

Strangely, those of us who know that gambling is a place to spend money, actually we keep trying to find money every week to gamble.

What should we do when we lose at gambling? Stop, we lose and that's not a solution in my opinion. I will continue gambling until the money I have spent is returned. Once I get the money back, I will lower my gambling level just for the sake of it.
It is not difficult for me to do it reduce the level of gambling because I have done it before so I can say to myself that I have already done my control regarding gambling.
Indeed, things like this are very strange for some people, but I think everyone has their own reasons for spending money on gambling.
I think if we have not experienced an addiction to gambling then it will be easy to stop gambling, but if we have experienced an addiction it will be very difficult to stop and reduce the level of gambling maybe only some people can do this and if you can reduce your level of gambling of course you are very good at controlling yourself in gambling and you will not experience a lot of losses when gambling. Of course you really understand when is the right time to do it and when to stop gambling.
353  Economy / Speculation / Re: Even Seasoned Analysts Can Get it Wrong on: October 09, 2023, 10:15:17 AM
day trading needs more expertise than just investing.
it requires constant analysation otherwise it will results in loss and bankruptcy as you said. thats why many nowadays prefer investing, doesn't mean other people can't pull off day trading and get rich out of it.
it just simply only recommended for those veteran that knows well how to make analysis since its really all about making constant analysis with consistent result.
i personally find it rather exhausting while also my analysis something gets wrong. after all sometime the market is just moving so randomly.
I think both of these things have a risk of harm in doing them if we don't understand them well. You are right that trading requires us to monitor it frequently and we must be able to analyze it correctly to be able to gain profits from the trades we make. Carrying out analysis will be very difficult for us if we don't understand it well and I also did what you did to get a profit.
354  Economy / Economics / Re: Ideas without action: An overview of a successful entrepreneur and a dreamer. on: October 09, 2023, 09:17:40 AM
How can you even tell if that fear has been overcome. You see, fear is always around us, there's always an obstacle in reaching our dream, nothing such as smooth journey even after you overcome one obstacle as there is always one after another. What people obtain is experience to move forward and help us face every fear we might encounter.

Correct mindset will be the one to help us to face every obstacle, even if you fail, charge it to your experience and move forward, learn from those mistakes. Whatever happens, the journey to your dream will never stop as we are the one who draw our own finish line.
I think we can find out how we face existing challenges and if we can overcome them calmly then we have succeeded in fighting the fears that exist within us. In achieving our dreams, of course we have to go through various challenges to be able to achieve these dreams. Without going through various processes, we will not be able to achieve what we have dreamed of. From every process we have gone through, we will certainly gain learning and experience so that we are stronger in facing it various kinds of challenges that exist.

You are right, having a good mindset will certainly make it easier for us to face existing challenges because without this we certainly don't believe in ourselves so we give up on the existing process and we can't achieve what we have dreamed of.
355  Economy / Gambling discussion / Re: Reasons you should not gamble on too many things at once. on: October 08, 2023, 10:31:49 AM
It makes a lot of sense to concentrate on one sport instead of many different sports. I take this approach a step further and often focus on just one league. It is not easy to keep track of injured and suspended players. Also, it's not easy to keep track of the current performance of the players. However, I think I can get better results if I focus on one sport and one league, or at most a few leagues, and that's what I do...
Placing bets on only one sport will make it easier for us to choose which team we will place a bet on and will be more likely to win the bet. In my opinion, choosing not to bet a lot on many things can prevent us from becoming addicted to gambling. It would be much better if we were addicted to gambling so that we had financial problems.
356  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: October 08, 2023, 09:40:40 AM
I wouldn't call Genoa a disappointing result. Because Genoa's chances of scoring points against Milan were slim. Then the Genoa players  played a great defensive game.  And I thought maybe Genoa would be able  to get 1 point in this match. It's sad for Genoa. They conceded the goal at the last moment.

Both Genoa and Milan tried to keep their defense tight in this match. We did not expect such a performance from  Milan. Because this team is expected to fight for the title this year. If Milan want to win the title, they need to play better. Otherwise it will be difficult for the team to maintain consistency.
Yes, it looks like AC Milan's performance in this match was not good even though they won this match. AC Milan should have been able to win with a big score against a weak team like Genoa, but in fact Milan also played below their usual performance in this match.
I also doubt that Milan will compete fiercely at the top of the standings if their performance continues like this.
There are many things they have to change, especially in AC Milan's front line which in my opinion is less sharp in completing scoring opportunities and also their midfield which is less creative.
There was a bit of luck for Milan's victory in this match after a series of drama at the end of the match which was very interesting to enjoy.
357  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: October 08, 2023, 09:07:33 AM
All of Real Madrid forward players seems in the good shape because Bellingham, Joselu and Vinicius were never disappoint Ancelotti every time they were played but this is a bit unusual because Bellingham is not a striker but he can able to being an Laliga top scorer with 8 goals and besides Real Madrid other team Girona has successfully to resumes their good result because yesterday they win from Cadiz with narrow score

For upcoming match Granada vs Barcelona and from head to head statistics Granada have been make Barcelona get in trouble because from 5 latest meetings Granada has several times to stole points from Barcelona but i think currently will be different because Granada is so weak and conceded 21 goals from 8 matches proven Granada had poor defensive lines so today i think Barcelona will get easy win from this match even i expect Barcelona can able to win with big scores
Real Madrid's current good performance cannot be separated from Vini's return from injury and also in the midfield, Bellingham is playing quite consistently. I can see that this team is slowly getting stronger and they are getting more unified and this dispels many people's doubts about the Real Madrid team since the start of the season because they does not have a suitable new striker to replace Benzema.

And for the Granada vs Barcelona match, here Barcelona is very superior, and I think that makes sense after seeing the very different performances of the two teams since the start of this season, so it is very likely that Barcelona will be able to win this match easily.
358  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 08, 2023, 08:38:36 AM
Tottenham have shown their prowess in the matches they have played in so losing Harry Kane does not cause their performance to decline. Tottenham still have a striker they can rely on, namely Son Heung Min. So far Son Heung Min has shown his prowess at Tottenham and has scored lots of goals.
Ange Postecoglou should be appreciated for making the team's performance stronger, she was able to create a good strategy for her club.
So far Tottenham's performance has been considered stable and thanks to their win yesterday they are in first place overtaking Manchester City, which is surprising, isn't it?
However, it's a shame that in yesterday's match, Tottenham could only win by a narrow score, even though I predicted that Tottenham could score several goals in home Luton because Luton is not a strong club in the Premier League.

Harry Kane departure opened up space for Son Heung Min to show his maximum potential. Son appeared impressive with a new role and new responsibilities as captain replacing Kane. Agree with you that Ange Postecoglou has succeeded in formulating a formula and strategy that is suitable for the Tottenham squad, so that Kane departure does not have an impact on their performance this season. It is fitting that Tottenham should receive appreciation from football fans, because they have not been defeated so far along with Arsenal.

It is very likely that Tottenham position will be shifted again at the top of the standings, because this really depends on the other match, between Arsenal and Man City. Luckily, if The Gunners and The Citizens play to a draw, Tottenham will automatically be comfortable at the top of the standings without dropping to second place.
Ange Postecoglou built this team without any dependence on a few players, but indeed the current Tottenham team has ties between players on all fronts, this is quite extraordinary and I would even say that it is quite successful for Ange Postecoglou to build the Tottenham team.
And this is beyond many people's expectations, so at the start of this season Tottenham is always in the spotlight.
Many people thought that Tottenham would decline after Kane's departure, but Ange Postecoglou was able to create the opposite situation.

Manchester City's match against Arsenal will definitely be very fierce and I hope that this match will end in a draw (it's very likely that will happen) so that Tottenham can become the top of the Premier League standings this week.
359  Economy / Economics / Re: Women are more economical than men. on: October 08, 2023, 08:16:49 AM
We had this argument where I was the opinion that most men spend money on things that they are obligated to and cannot control it at times due to responsibilities, men are used to spending money already and because of being used to it, they can find it hard to be as economical as women can be. Do you agree with this unpopular opinion that women are more economical when it comes to money and are able to manage themselves and their homes better than men do?

I absolutely disagree with this, because in my family, all women, on the contrary, are spenders. Only my aunt, who has an education, is an accountant who knows how to manage money perfectly, but this is an exception. I think that in most cases the situation is exactly the same, because women are more impulsive, they really like to buy expensive things that they just liked right now. At the same time, they do not think about future spending that they need to save money for a rainy day or for some unpleasant times. And even talking to them about it only makes them aggressive, and they don't want to discuss this issue with me.

At the same time, all men are great with money, have an application where they record, all spending knows where every dollar is spent.
I have also seen several women like the ones you mentioned who use their money to buy whatever they want without thinking about saving and when they no longer have an income. Talking about this with them won't make anything change if they don't want to change their habits. Recording all types of expenses is a good thing to be able to know where we have used the income we have and if we use it for things we don't need then we will be able to avoid it in the future.
360  Economy / Economics / Re: The Role of Education in Financial Literacy on: October 08, 2023, 07:53:55 AM
Financial literacy is a highly undeniable topic nowadays. The relevance of financial literacy was not much back then, but nowadays the economy is growing faster and is going through new financial paths. To adapt to the changes in the economy, we need education, which helps us become familiar with the new opportunities and how to use them in a better way. This helps people to think about their choices, and finally they can make the best choice financially. This exposure is the first step to changing their lives and those of their loved ones. In education, financial literacy should be a compulsory subject to take, and it should start at the school level. Every country's government should take initiative on this matter.
 
You are right, in facing economic changes we do need financial literacy education so that they can use their income well and they don't use their money for things they don't need. I really agree if the government makes financial literacy a mandatory subject because everyone really understands how to earn their income but only a few people can use their money well so they can't save their money and what is very unfortunate is that they have to go into debt to be able to fulfill their needs.
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