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3661  Local / Politics and society (Naija) / Re: African Proverbs in Pidgin on: August 27, 2021, 02:50:11 PM
First post on this board, very excited, first first i cut cap cun troway salute give everybody for the house wey dey make things and things dey sup for here...make una permit me, make i use two secs drop small wisdom make the jollof for reach me.

Pigin Proverb: As you dey do, try dey do jeje make you nor go put hand for tortoise yansh.

Meaning: Be careful in everything you do, so you don't put or find yourself in a very tight corner.
3662  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: August 27, 2021, 10:16:30 AM

...he (florentino perez) is the most appropriate person to handle the transfer of Mbappe at this time because Florentino Perez has a good ability to negotiate an agreement.


I know we are all aware that Mbappe has less than a year left on his contract and if Florentino Perez and Real Madrid can just wait a while they could get him for free or a more reasonable price considering their very huge debt. Mbappe has always made known his dream of playing for real Madrid, so securing a deal then will not be difficult.

If only Mbappe can be patient, learn more from the experience of the likes of lionel Messi that has just been an addition to the PSG team, at the end of his contract, he may just become a more experienced player with more to offer to any team that comes bidding.



3663  Economy / Gambling discussion / Re: Gambling control on: August 27, 2021, 05:37:52 AM
...most especially to a newbie.

Newbie or not, the emotions of winning and loosing in a bet are two states that every gambler faces.

Even before a newbie starts to gamble, he is aware that there is a bitter side to it which is loosing and the winning possibility for him is not sure so his emotions are already prepared to accept any outcome. The maturity in gambling is how quickly we come to terms with whatever the outcome from a gamble and this is what a newbie struggles with because winning and loosing are both very overwhelming emotions that he or she has not experienced before.

3664  Economy / Gambling discussion / Re: Life with a Gambler - Solution! on: August 27, 2021, 05:20:11 AM
In gambling we should only use our money, if we run out, we must go home. Don't use children's rationing, our wives to gamble because it must be very painful for them. If you want to gamble, use our personal money.

That is a good suggestion but I will stick to what other people say to me, instead of gambling, why don't you invest your money on your children and family? It is something that made me realize that I am risking my money into gambling while my family has a great future ahead of them than my gambling. I'd rather risk my money into my family rather than use it on gambling.

Good thinking, but have you also thought about the possibility of winning millions from gambling, a substantial amount that will give both you and your family joy?

A better approach for me is keeping the money you spend for gambling in check. This may be achieved by drawing up a monthly or weekly budget depending on how you earn and allocating a certain percentage of your income to gambling and then try to stick to it.
3665  Bitcoin / Bitcoin Discussion / Re: Walmart hiring ad raises bitcoin price to $48,000 on: August 27, 2021, 04:12:25 AM

In its hiring ad, Walmart said it wants to hire someone for the job position of director of blockchain products and cryptocurrencies, according to YouTube. This led to the growth in the price of Bitcoin and its passage of $48,000.


I am certain that there may be a correlation but I doubt if the job ad actually caused the price pump, the price has stayed low long enough. It’s also a big deal for Walmart to be in the crypto space. It’s comforting.  Well keeping my fingers crossed hoping it’s not one like the “Amazon crypto” story.
3666  Economy / Trading Discussion / Re: Why I'd prefer to be forex trader of my own on: August 27, 2021, 03:56:59 AM
I would prefer to learn forex trading than for me to give a forex academy to manage my fund or to trade for me.

Learning to trade on your own is long term compared to giving your capital to an individual or forex academy to trade for you which is short lived. The reason i say so is - if you learn to trade on your own, it becomes a life long skill that you are bound to become better at as long as there is constant practice from your side. Giving your capital to someone or an academy is not so advicable because if the academy or person doesn't teach you how to trade, if anything happens that stops the trading of this individual or academy, that may be the end of your trading career.
3667  Economy / Gambling discussion / Re: Euro 2020 caused a spike in gambling issues on: August 26, 2021, 07:16:33 PM

What do you think would be the best option to those that are experimenting these issues right now? Should they stop watching sports forever as this is the trigger that causes them to gamble without control or should another solution be possible?


To stop watching sports might be very impossible to achieve as it is very difficult to do... If it were possible for our app developers to look towards developing an app that people can gamble with a sort of Virtual currency that doesn't have any value outside the application, and also make rhe app to be able to run on both the ios and Android platform, it will be pf great benefit to compulsive gamblers.

Also, self help groups are a great option as well, linking and having conversations with people that are in same shoes as you always helps.so find one and join in.
3668  Economy / Gambling discussion / Re: 61 year old plays the same numbers since 1991 and wins 18 millions on: August 26, 2021, 06:21:33 AM

Would you be able to do it? Playing the same numbers over and over again like this? Because I know that I will not have the patience to do this during 30 years.


If there's an informant that has advised me to play same numbers because of the certainty of winning, i may consider it, but on my own without any heads up, i don't think i can even play same numbers for a year without finding the whole process and gambling experience boring.

Thinking of how much he must have lost to playing the same number over the 30years duration. I'd say $18million is good compensation to him.

Can he get over the same number gambling now!
3669  Bitcoin / Bitcoin Discussion / Re: Google starts accepting Bitcoin ads on: August 26, 2021, 06:14:58 AM
Google has begun to accept advertisements for Bitcoin, and Google lifted its ban on advertisements related to Bitcoin and other cryptocurrencies.

Bitcoin ads can be seen almost everywhere on the internet nowadays. I do hope the ban lift will  translate into massive awareness and adoption by both the undecided and the skeptics. I also hope they work hard to ensure that they are able to review the ads for scams Because I wouldn’t want to see “tell me your seedphrase” after clicking on an ads. One more thing is that they should extend this to include other cryptocurrencies as well.
3670  Economy / Trading Discussion / Re: At what Age will you introduce your child to trading on: August 25, 2021, 04:55:51 AM

For me at age 10 my children should understand the market and how it works, interpreting chats and deciding the next move of each coin from studying the price action of different coins. At age 13 the should start trading with a demo account and at age 15 they should have funded their first account. This would help them become financially independent, also help then limit future gambling prowess and also make them prepared for their careers

What do you think?

If your children are tech savvy at age 10 maybe as a result of exposure, telling them or introducing them to the market without enforcing them to do so at the detriment of the childhood and experiences is a good idea to me.

At that age, children are very excited and curious about technology, the internet and electronic devices, so instead of letting them know the entertainment part of technology ( video games, cartoons, movies, internet etc) alone, it is best you also tell them or even show them about the most important part, the part where you can make money from as well which is trading (Crypto or forex) and others.

This early introduction will serve as a sensitisation to them that will awake an interest more as they grow.
3671  Economy / Economics / Re: Do you think financial stability is mandatory to be a gainer in Bitcoin invest? on: August 24, 2021, 01:46:51 PM
Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Financial stability is not necessarily mandatory, but it is a key factor to be a gainer in bitcoin investment, another factor being "discipline".

The basic needs of man are food, clothing and shelter. A financially stable person to me is one who has been able to satisfy these basic needs and has a bit more for luxury and investment and any unforeseen circumstance like say an accident or medical emergency. If a financially stable person is beset with an emergency need, he can get money for it without thinking of liquidating any of their investment.

 The case is however different for someone who is not yet financially stable where the decision to invest is a decision to sacrifice some other pleasures and live poorly or below standard at times, for such an individual to gain properly from bitcoin investment is very difficult.
3672  Economy / Gambling discussion / Re: UK 20% of the gambling venues are located at the poorest part of the country on: August 23, 2021, 11:17:49 PM
Another reason apart from the economic cost and employment opportunities, may be because of accessibility and convenience. Gambling venues are located in places where the vast majority of persons both the poor and the rich that still gamble offline will have no problems visiting. A rich person can easily access the gambling venues in these poor locations (so far they are safe) and still place his bet of they are the type that like gambling, but the reverse is the case for the poor who will not want to go so far or go into a rich location to gamble.
3673  Other / Beginners & Help / Re: The differences between digital money and cryptocurrency. on: August 23, 2021, 02:05:19 PM
I think you should use fiat vs cryptocurrencies, even cryptocurrencies are more referred to digital currencies.

I'm trying to spell out that not all digital currencies are cryptocurrencies, hence the "digital money" in the topic, i think if i had used just fiat, it may be perceived as though i mean physical money (hard currency)which i don't, and then the objective of the topic for people to understand that cryptocurrency is a form of digital currency and not the only digital currency, will have been defeated.

The other type of digital currency is the "virtual currency".
3674  Other / Beginners & Help / The differences between digital money and cryptocurrency. on: August 23, 2021, 10:35:46 AM
The words cryptocurrency and digital currency have been used so much by newbies & beginners that most now think they mean the same thing. Although cryptocurrency is a form of digital currency, there still exist some clear cut differences between the two.

For ease sake, i have tabulated the difference under major key points;


https://www.analyticsinsight.net/digital-currency-v-s-cryptocurrency-brief-overview-for-beginners/
3675  Economy / Gambling discussion / Re: When do you know is time to walk? on: August 23, 2021, 10:18:37 AM
You know it's time to walk away from gambling when it has started interfering with your life and decisions such that you now attach more importance to gambling than other activities.

Another pointer to walk away is when you have been in an unending streak of losses such that it has eaten a big hole into your pocket and is now wanting to cause you depression, in this case of you can run away, you run.

It is not easy however for some to just walk away from a thing like gambling especially if they've been intertwined with it for a while, if you fall into that category that even with all the pointers to walk away, and just can't or couldn't, it is best you seek medical help and join a self care group.
3676  Economy / Gambling discussion / Re: Do you feel wiser after you play online crypto gambling? on: August 23, 2021, 03:10:54 AM

After playing for a long time, do you feel any changes to yourself?  I mean, for the first time, we can play gambling with a rush and not consider anything, just play. And if we win, that is a big moment, but if we lose, we will keep playing until we win.

If being more observant and more analytic in studying patterns and numbers count as wisdom, then yes, i feel wiser and to answer directly, i'd say a lot has changed from the first time i gambled and i owe this changes to the looses i made while gambling, because they forced me to become more observant and analytic before placing any bet.
3677  Economy / Gambling discussion / Re: Sports Betting Or Gambling ? on: August 22, 2021, 04:42:36 PM
This should have read Sports Betting or casino Gambling as both are types of gambling.

Very correct. Gambling is gambling, anything that involves staking something to get something better is gambling. The most common of course is gambling with money. Sports betting and casino gambling may only sound as two different terms when you are very exposed and in a place with casinos and sports betting places, somewhere like a big developed city.

However for someone in a developing or underdeveloped area with probably only a sports betting shop, it is still the same level of compulsive behaviour (addiction) that he fights, that the person who always visits the casino in the city fights as well. There's no need painting it.
3678  Economy / Gambling discussion / Re: ⚽ English Premier League Season: 2021/2022 on: August 22, 2021, 04:25:49 PM

They don't have the squad to match Chelsea today, I don't think they'll score against Chelsea today.
It's going to be a 0---2 win Chelsea.


It is 2-0 already in favour of Chelsea, Arsenal will be lucky if the score sheet remain the same because from what i have seen in this first half, there are definitely more goals to come.

On the other hand, Is the premier League even ready for Lukaku? He is looking very formidable and efficient, his presence has really been a great influence on the other Chelsea players this first half.

I predict 4-1 in favour of Chelsea.

3679  Economy / Gambling discussion / Re: {Boxing} Manny Pacquiao vs Yordenis Ugas on: August 22, 2021, 01:31:08 PM
The match between Pacman vs. Ugas was very exciting to watch and nothing short of my expectation . Big congrats to Ugas for winning and also the pacman for giving it his best even though he was not completely fit and age is already telling on him. As this may be his last boxing match which i hope, the pacman is still going to be in the Category of the Greatest of All time fighters for me. He has had a great run.

3680  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin increase wealth equality? on: August 22, 2021, 04:49:57 AM
From the topic of OP, i will like to place emphasis first on the word "wealth" which is not to be mistaken with "riches".
One becomes wealthy when he has been able to sustain riches through investments and other ventures, it is not short lived. To be rich on the other hand is characterized by having money (if you can satisfy your 3 basic needs in life and have a bit more for some luxury, you are rich) it is definitely short lived without investment.

If you now substitute the real meaning of wealth into the main question, it becomes - Does bitcoin increase "sustainable riches" equality?

My answer is yes for the rich who were and will be wise to invest being that bitcoin and cryptocurrency has no end in view, i don't see a better definition of the word "sustainable". Bitcoin and cryptocurrency is the best investment option of the century.
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