I think the result of this game was already known before the game was played. Liverpool had to take all 3 points. Chelsea were playing like a team that already conceeded defeat before the game started so the result wasn't that surprising to me. Liverpool has to keep winning their games henceforth if they are to win this league. Any dip in form will be detrimental to them.
Chelsea had expected a tough match, but it turned out to be quite harsh! Liverpool dominated over Chelsea, who played poorly and suffered a worse defeat by 4-1 margin. Chelsea struggled to create chances, and their formation didn't work effectively. Overall, Liverpool outplayed Chelsea, except for a brief period in the second half. It's important to recognize that Liverpool is currently in excellent form, making them a strong contender for the league title. Chelsea didn't have the quality to play Chelsea yesterday because they gave weak defense and weak strikers. They were unable to coupe with the game as Liverpool showed their superiority over Chelsea. It was like a Liverpool was training Chelsea. This is because in the first 20 minutes of the match, Liverpool was playing Chelsea half field. One thing that I saw in Chelsea yesterday was that they know that they will not be able to withstand Liverpool to win or draw the match, so they wanted to play a defensive game and that was what they started with, but along the line they couldn't stop Liverpool from breaking through their defense. Liverpool front liners were a big threat to Chelsea's defense and there was nothing they can do rather than allowing Liverpool to score 4 goals, because, they were faster, smarter and determined for match than Chelsea. Liverpool is still on the top of the table and they should remain consistent with their upcoming matches, if they want to win the league. |
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I don't think there is anything as Hodler for life; we don't buy bitcoins to hold them for the rest of our lives; they are not meant to be bought and held permanently in our wallets; they are not decorations; they are there to serve a purpose.
I like the idea of buying and holding for a long time, and when I see the time to take profit, I sell and take profit from what I hold. Even if I don't sell, I can still sell and keep some rebuy at the right time, and all of that, even if it takes someone 10 years before they can sell their holdings, it's still not a holding for life.
Everyone has the reason why they are into bitcoin, some bought their bitcoin to trade with, some bought their bitcoin to hodli, and take profit after some years, while some bought their bitcoin to be part of their lifetime investment, so that they can pass it down to their heirs. Some people bought it and see it as a currency, so that they can use it to buy goods and services due to its decentralized nature. I am into bitcoin because I am using it as a store of value for my savings, since my country fiat currency is depreciating everyday, since bitcoin serves as a hedge against inflation. We all know that if you hodli for a very long time, there is a certain profit that your investment will generate for you, and that is the most important part. |
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Liverpool will not want to give up the lead. They will most likely win tonight's game.
Liverpool missed the championship by 1 point two years ago, but I think they will be champions this year.
Tonight game will be a tough game that will make many people to lost their bet because Chelsea will do something they have never done before since the beginning of this tournament and, this is the second leg and Chelsea will not allow what happened in the first leg to happen in this second leg. Liverpool will still miss this trophy again this season because this game will prove to people that they are not capable yet to win the trophy and Arsenal will use this opportunity to return back to the first position if Liverpool loose to Chelsea. Is Luke you are a Chelsea fan, and you are one sided. Everyone knows that Liverpool is far better than Chelsea this season, and because Sallah will not be present in the match doesn't mean that we should put aside the quality of the club and think that Chelsea will win the game. Chelsea does not have anything at stake if they lose the match and that will make them not kill themselves to make sure that they win Liverpool. Liverpool has the first position at stake if they get defeated by Chelsea, which will make the match a do or die affair for them. I might still consider you to be an Arsenal fan, and you want Chelsea to kick Liverpool out of the first position, but if that happens tonight, I don't think that Arsenal can win the league. |
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Knowing that investing in bitcoin is a long time investment, you should plan better and keep aside the money for investment as this will help you avoid anything that will alter your reasoning because as an investor you must be psychologically stable.
although the term HODLing tend to suggest that you have to hold it for a little while, investing in bitcoin isn't all that a long term investment as you suggest because the volatile nature of Bitcoin depict that you could have a reasonable returns even after a few month of investment unlike other asset like land that after buying, you have to wait for as long as five yeas upward before the value of the land will appreciate. We've seen the price of bitcoin rise to $42k this January and then dropped back to around $39k this same January so buying it now and after a week or two the price goes back to the $42k, if you sell it at that price, you've made your profit within the shortest possible time. You are wrong and you are misunderstand what HODL! means. What you just stated is a short term,and traders are known to be the ones involved in such practice. Hodlers don't sell within one month, they keep hodling their investment for a very long time like 4-10yrs and above. Some hodlers use their bitcoin as a lifetime investment. What you said is a bad way to handle your bitcoin, because if you are after little profit from bitcoin price fluctuation, you will never have any bitcoin investment in future. The best thing as a newbie is for you to have the mindset and plan of a long term investment, to limit the same risk attached to the volatile nature of bitcoin, and you can also have enough time to grow your invest, so that in the long run, you can have a good profit from your bitcoin portfolio because as the time passes on, bitcoin price is always going up, which is your reward for still holding. Imagine that because you bought bitcoin price at 39k, and bitcoin price moved up to 42k, and you sold your bitcoin. The next thing that you see is that bitcoin price keep on going up, and when it moved down, it never moved down below $43k, it means that you can't buy back the same unit of bitcoin when you sold. OR when you bought at $39k, and bitcoin price didn't move up but instead it went down below $39k stayed there for let's say one to two months. It means that you will panic and sell, and run at loss because you are only after bitcoin price to move up within a very short term which tend not to happen during your own speculated time. You will only give yourself more pressure and stress because you will be restless since that is what you plan to do with your bitcoin. Traders or short term investors can never make the kind of profit that they will get if they trade for ten years compare to a hodler that you was able to increase and accumulate his bitcoin regularly through DCA method weekly or monthly. As someone who wants to start investing in bitcoin, only think of accumulating and not selling, so that you can so that you can increase your bitcoin portfolio size, because bitcoin is worth holding than selling for little profit. Also, timing the bitcoin market earlier will give you an edge over the market as the higher chance of profitable investment will be there instead of investing late.
It is difficult to time the market and that is a waste of time, especially a new investor that is a low coiner, because nobody can predict the price movement of bitcoin. It is better to get started the moment you have the money to invest and keep on growing your invest by buying regular either weekly or monthly, and all necessary funds are in place that will not make you think of selling your bitcoin. |
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The way a child is given birth to and the parents will take care of that child for many years spending and providing for him to make sure that he grows up and become an adult who can take care of himself and also take care of the parents when they are old, is the same way we need to invest in bitcoin and grow it through DCA gradually as a newbie so that a time will come when your bitcoin portfolio size has is big. Your money that you invested into bitcoin will start working for you by generating more profit as the price of bitcoin is increasing with timeline, and your bitcoin investment will start be your pride and it will take care of your expenses and whatever you need money for in your old age.
Your illustration is quite alright but I want to ask you from your illustration what if at the point of the parents taking care of the child in other for them to grow up and take their own responsibility then peradventure the parents losses such a child while they are trying to grow up is it a gain or a lost to the parents? See everything we are doing in life is just risk as no one knows exactly what the future holds or how it might turn out to be so also is our investments as we invest not actually because we are certain that we will make profits but because of our optimism towards positivity so anything is expected to happen to ones investment be it on the short run or the long run. Majority of parents train their children till adulthood and even see their grand children, only few that are unlucky due to uncertainty that lose their children before they become adults. Majority of traders run at loss but only few make profit. When the source of funds have been established, then the money should generally be divided into three parts which are for basic needs, for emergency needs and then the part for investment. Each of this should be carefully calculated to be able to get them right from the beginning and when that is done, the journey of Bitcoin investment will become smooth and effortless without the panic and anxiety that many investors exhibit.
I think for a newbie getting these calculations right might be a difficult thing cause speaking from experience the best way for anyone to learn these strategies is to start doing them as soon as possible then on the process of doing so you would better start to the reasons for setting up each of them. It is easy to calculate it as long as you know your total cash inflow for the month, and from that, you can calculate out your monthly needs, keep your emergency funds just like stated by @Odohu based on your own scenario, so that you can know the exact funds that you will use to invest through DCA weekly, or monthly that wouldn't stress your as a newbie. When you fail to have these figured out and properly planned for since you are going on a long term drive, you are putting yourself at big risk and you will fail in your plans because you don't even know your left from your right. Don't play with keeping your emergency funds and basic needs funds sorted out before investing, it is very important. |
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This have taught me that even the best team at some point can still not win the trophy in a tournament so looking down on any team may just be a mistake as you may be very wrong by judging them by their previous performance, they may have improved and gotten even better and beat a "big team".
Senegal defeat was unfortunate against Ivory Coast but it is penalties after all, hazardous.. Egypt also lost their match after being unlucky in penalties. These teams although being better theoretically, couldn't win their games because they weren't able to score more than 1 goal in 90 minutes.. Until now I see only Nigeria as the best and classical team going to Quarter-final. Guinea and Ivory Coast aren't that bad too and might be annoying for the super eagles It looks funny to see that the big Africa countries in football with international super stars are out of the competition due to their inability to have a clean victory. Penalty is a game of luck, and even the weakest country can win the strongest country with penalty shoot out. I will say that this is a blessing for the Super Eagles in disguise, because the countries that we think will give them tough time or might be a challenge for them are out of the competition. I think that this is the opportunity for Nigeria to win the Nation cup this year if they can keep on scoring more goals in any match that they play from onset. |
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Family is family and we cannot deny the fact that treating the gambler with love can help him leave his addiction rather than being harsh on the gambler. This is because it is not easy to leave addiction when you find yourself been addicted. Letting the person to know the ruin that gambling addiction will cause him, should be good. If possible and you know some gambling addicts that died die to frustration or is living a frustrated life can be of an example that you will use as reference.
On the other hand, a little harshness once in a while can still help, if you see that the person is giving you deaf hears to everything possible that you are trying to make him stop gambling. Let the person to know that he is only wasting his time and money, if possible advice him to quit gambling and go on a long break. This will help a lot.
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rading Bitcoin to me doesn't seem like gamble though it's risky but sometimes if you follow the right signals and watch the activities of coins in market cap. closely them you can actually make some profits from it just that the profit wouldn't be that much and people who trade Bitcoins are are only interested in the short term profit rather than being patient and enjoy a long term gain but however, every investor is entitled to how they actually want their investments to go so sometimes they do make profits from trading bitcoins.
Trading is like gambling, because someone that don't have the skill to trade and is looking for trading signal, is a gambler. This is because he is throwing his money into something that he doesn't have any idea of, if the people giving him signal are only after his money. He will pay for subscription and also loss his bitcoin. I will say this is the a dumb idea. A newbie should stay away from trading, and invest with DCA and hodli for long so that upi can use your bitcoin investment as a life safer in future, when he is old. It is better to invest now that you are strong and have the funds to do so. So that after a long time, when you are old, you will be proud that you hodli your bitcoin investment till that time. Every system of investment is risky and it is important not to invest or trade with emotions as one need to be focused regardless of what the outcome of your investments may turn out to be. Trading Bitcoin isn't that bad if actually one can follow some basic trading ethics and principles then you can actually makes some cool profits from it though buying and holdling is still the best option because you're in control of your bitcoin and for now the main purpose of inventing Bitcoin is to acquire it in our individual portfolio and hold it till it attains it's highest ATH then you can decide what to do with it.
Will I say that you are short minded because you sound more like a trader than someone who have the intention to hodli for long. What is the point of Selling all your bitcoin portfolio in ATH, what will you do with the money that can yield you a better profit than bitcoin in the next four years, after you sold it. You want to start all over again, and miss the benefits of the compounding profit that your bitcoin will generate for you. You should also put into consideration that the price of bitcoin increases with timeline, so if you were able to accumulate 0.3 btc and sell it during the Bull run at ATH. It will be very hard for you to buy back 0.3 btc with the same amount that you bought it then. The way a child is given birth to and the parents will take care of that child for many years spending and providing for him to make sure that he grows up and become an adult who can take care of himself and also take care of the parents when they are old, is the same way we need to invest in bitcoin and grow it through DCA gradually as a newbie so that a time will come when your bitcoin portfolio size has is big. Your money that you invested into bitcoin will start working for you by generating more profit as the price of bitcoin is increasing with timeline, and your bitcoin investment will start be your pride and it will take care of your expenses and whatever you need money for in your old age. I latter found out he has been following some self acclaimed successful Bitcoin traders on social media. I have actually seen a lot of them and the make trading appear to be a shortcut to wealth and will never tell you the real truth about it.
A lot of trading gurus end up on the wrong side of trades too, so they are all geniuses, until they end up fucking up, and there are quite a few examples of those guys.. This is why I dislike trading because even when you you are a genius in trading doesn't mean that you will not run at loss, so why will I want to learn something that even when I am an expert, I am not guarantee to make profit all the time. A little mistake and you run at a big loss. |
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It's generally advisable to take a long term perspective when investing in Bitcoin and focus on the fundamental of the technology and it's potential growths.
the decision to go for either what you call long term investment which is HODLing or short term investment which I feel you're referring to TRADING depends totally on the individuals choice and experience. For people that have mastered the art of trading, they might look at buying the DIP end HODLing it as a strategy for the inexperience ones while those that only buy the DIP and HODL might think that traders are high risk takers but the thing is more of focusing on what works well with you and sticking with it. The only issue is that because of the complexity involved with trading and the chances of a new person just starting his Bitcoin journey to experience looses more in trading than he will do in just Buying the DIP and HODLing is the main reason why it is more advisable for a beginner to start his Bitcoin investment journey by just accumulating it and Hodl. actually of a truth each investors is entitled to there investment decisions but however that doesn't mean that trading is the best option for them because is actually not advisable, however I still wonder why most people always prefer trading instead of long time holding, perhaps it could be there perception on trading because I no of someone that just venture into Bitcoin only because he has the orientation that he could make a lot of money through Bitcoin trading so he was propelled to venture into it thinking that it will works the way he imagine it to be and now he has lost half of his money chasing Bitcoin price movement, so perhaps if most investors especially the new ones on Bitcoin investment will be able to remove the spirit of greed and focus only on the future of Bitcoin there is every possibility that they will surely do well on there investment journey. One thing that I have observed about these newbies that join the bitcoin community because of trading is that they were misguided and misled d by the so called influncers and exchanges. The reason why I said so is that any app that you downlaod that has an ad, an exchange app ad will be part of it, where the person will make trading look very easy by saying that you can turn $100 to $1000 within a day when you are trading with their exchange. Some people who have not heard about bitcoin, hearing it first will be about trading bitcoin. So everything is just a wrong introduction from the source that they heard it from. In 2019,when I decided to know more about bitcoin through research, I saw a post on a social media platform how trading has helped the person double his money, but I am not good at anything trading, so I said to myself that if bitcoin is all about trading, then I don't think that I will be able to go into bitcoin. Not until I came to this forum and discovered that trading is a waste of time and with no guarantee that you will make profit due to the fluctuations in bitcoin price. I was happy when I first learned that to make profit and lower the risk in bitcoin is when you hodli for long and at the same time always keep growing your portfolio gradually. I feel for those newbies that got into bitcoin to trade, because they have been decieved that bitcoin is a get rich quick scheme, and when they eventually jump into trading, they learn a hard lesson. This is why anyone that I am introducing Bitcoin to if I must, I only tell them about investing in a long term and to keep on buying regular with their savings, or the money that they would not need for a long period of time. I don't mention anything like trading so that I don't get blamed tomorrow. Those newbies that have been decieved that trading gives quick profit because they are advertising their exchange, it is better that you do your own research properly before jumping into trading. It is your funds, and not their funds, and when you use it to trade, you will be the one to face your losses and not them. So invest wisely and hodli for long using DCA strategy to increase and grow your bitcoin portfolio bit by bit. 7 |
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In the case of such person as he explained where salary is low, I don't think that even using 100% of salary to cater for the first months need would help, cause at the end of the day the next month would come with equal problems or even lesser or more still, and he would end up using the next months income to still cater for his needs, or a little would be left and he would invest that one for the next month as you said.
But what about the upper month, and the next and till he continues to be in that state of low income, I think this would really affect him cause his investment would be mostly inconsistent and he might not even be able to succeed as an investor cause emergency might also occur and he would have to cater for those too, and if this inconsistency continuities it might also lead to him starting to procastinate and giving excuses which could cripple his determination and goal, what I think is best for such individual if they must invest is to remove an allocation of 10% to build up for emergency first or divide that 10% for both DCA and emergency funds, so at least they have started and they would now see the need for a salary raise to boost their investment and manage the rest 90% for needs and expenses, such person must also have a high discipline more than another investor starting with higher capital and comfort to manage his cashflow and chunk some unnecessary expense out to help himself.
Cause I think so far in this thread we have come to agree that cashflow would also play an important role in one's plan to accumulate bitcoin, either a person of this level would be okay to do poorly untill he can grow his income or should not bother investing, cause he would always be at a state of emergency.
While I'm not saying a person with low income cannot invest, I'm just establishing the fact that it would be too difficult for him to endure cause his progress would be slow, and his holdings would always be at risk to poor emergency funds and low cashflow, which are two major important factors we need to accumulate bitcoin successfully.
A person with such low income will find it difficult to invest in bitcoin. Therefore, the person needs to get a second job and also cut down his expenses, so that he will have enough to take care of his needs and also be able to invest in bitcoin. Those who want to hold Bitcoin for the long term must keep a close eye on the crypto market. Whenever you see a dip in Bitcoin price in the crypto market, you will try to buy and hold Bitcoin. But I know that Bitcoin will pump multiple times in the next few years. .Now bin our time and expect to earn multiple times in a few years from now.
Generally the topic of discussion is strictly based on Bitcoin here and not shitcoins that is your use of the term cryptocurrency implies that you are including altcoins in the discussion whereas the topics is talking about long term bitcoin investment. Moreso talking about keeping close eye in the market movement isn't necessary for investors accumulating Bitcoin for long term, those who keep close eye to the market movement are known as the traders who's intention is to sell at any profit added to their investing for short term profit and that is not the topic of discussion because trading is considered to be gambling. You are misunderstanding @Tmoonz, what he meant by closing your eyes as a long term investor means that you do not need to look at the market always so that you don't get distracted with the price movement of bitcoin, but ignore the market so that you can stay focus on accumulating your bitcoin through regular DCA weekly, monthly, or quarterly. Indeed, for people who are optimistic about bitcoin, choosing a buy the dip and HOLD strategy is a good strategy to add to their portfolio. However, as an investment strategy, of course, buying the dip must be accompanied by controlling risk. One of them is by determining the target selling price when we buy when the price drops.
Not only that, this factor alone requires reading the direction of the market. For example, if the market keeps going up and up in a day, slowly and normally, in general, the lowest price is what we are most looking for to buy, especially if we have set a schedule beforehand in a week, at least we can buy and BTC installments at least 3 times. Buying bitcoin with the BUY DIP and HODL strategy is indeed a very good strategy. However, if you invest in bitcoin in the short and medium term, market analysis should be studied carefully. Because this sales period requires that this be done seriously. As a newbie, there is no need of having the mindset to invest in short term or middle term because you will not be able to achieve the goal of investing in long term which is the best way to reduce risk and also benefit from the compounding interest of bitcoin. It will be a waste of time and resources to invest in that way. Also you will give yourself too much burden checking maps and analyzing, which needs a professional skill, and the worst of it all is that with all those aforementioned, the possibility of you running at loss is very high than profit due to poor knowledge and high risk. |
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If there is no money involved, it is not gambling. If there is money involved, it is called gambling.
You know that opinion on this differs right? Not every one agrees that money has to be involved before it is called gambling. This is one topic I started last year that really showed that opinions on what gambling is and is not really differs from person to person.
Without money, does it still qualify as gambling?Have you heard of Superpicks on DSTV? where you can make predictions and win money without staking your money?
if you have not, check it out. Superpicks.com
My question is can it still be called gambling if it is not played with money? If you did not use your own personal money or other people involved, did not use their money...it is a reward. As long as you use your own money to stake on the game and you are expecting a big profit, or there is the risk that you can lose the money in which you use to stake,it is called gambling. Because there will be high expectations, and if you lose your money, you can feel bad, to the extend that you want to stake again to see if you can win back that money. If you don't stake anything, you wouldn't care that much as the thrill wouldn't be there. |
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That's not a bad result for me but it's Juventus' way of maintaining consistency as you can see in other teams from any league. Every team at the top of the standings will definitely only hold a draw to get 1 point when they can't beat their opponent rather than losing points.
Meanwhile, Juventus competed with only 10 players and a draw was a wise decision.
We'll see if Inter Milan can beat Fiorentina, if Inter wins Juventus will have to be in the runner up position again.
I also think that a draw with ten men is a pretty wise result for Juventus, while the Fiorentina vs Inter Milan match which will take place soon could also be quite an interesting match to watch. Because Fiorentina, who is the host team in today's match, is also a pretty good team this season, so the level of fierceness in their match today is very possible. Moreover, currently Fiorentina is trying to get into the top four by trying to win in today's match even though it will be very difficult for Fiorentina. Juventus was truly extraordinary, they played with only 10 players because they received a red card in the 18th minute, but they were able to hold Empoli to a draw and even Vlaholic managed to score a goal in the 50th minute. what really surprised me was the match between Napoli vs Lazio in 90 minutes ++ Napoli were not able to make a single shot on goal, the absence of osimhen and kvarat really made Napoli's front line dull. Fiorentina against Inter is underway, Inter is leading 1-0, there is little chance for Fiorentina to equalize the score and hold Inter to a draw. Even with one man down Juventus was able to score first before Empoli. Empoli equaliser was a great shock and an unexpected one. However, Juventus played brilliantly to share point with Empoli. Vlahovich is doing a great work in Juventus and I don't think that they will be able to do anything without him. Inter will definitely win Fiorentina in the ongoing match, because Inter is already on the lead and I expect more goals from Inter. It might still be possible for Fiorrentina to equalise the first goal, but not to win the match. Martinez scored on the 14th minutes with a good header. He is also an important player in Inter. |
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What you should do is to have a gamble budget for the week, so that when you have exhausted that amount, you wait till you have assigned a new budget for gambling. You should also have a time limit that you use in your gambling activities, so that once the time is up, you stop gambling. You said it that you know how to quit when you are winning alone, but this will help you limit your loss
From what I sense, is like you are gambling for profit and this is why you find it difficult to quit when you are losing because you are chasing your losses due to your emotions. See gambling as a means of entertainment and not for profit. Only gamble with the amount that you can afford to lose, and not funds meant for important things.
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I am new in bitcoin and I haven't experienced any bull run after the halving, and this will be the first halving and bull run that I will experience. But from the article that you provided, it shows that bitcoin has repeated history, over and over again, which means that we should expect such price movement during this period to the ATH. It is just that it will not be accurate or exactly like the previous ones, but from past event,it shows that it might be similar, and the odds are high.
Due to the fact that I can't really tell when the new ATH will be, I have decided to have a price target that if bitcoin price reaches, I will take profit, and if it doesn't reach such price target, I will just wait and hodli. I plan to sell only 40% of my portfolio, and hodli the rest. I don't play with altcoins because they are like gambling, due the pump and dump nature.
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@Hamppuz, I want to change me old btc wallet address to this new one due to high rate of transaction fee.
bc1qsfwedq7038c9zv07dacwa5yxq03y6uwmmj3gmk
Thanks,
Ruttoshi
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I didn't see any impressive football that Barcelona played in the first half at home, and if they continue this way in the second half, Villa Real might win the match. However, we shouldn't underestimate Barcelona, because they can become deadly in the second half and win all three points.
Barcelona 0-1 Villarreal
Unfortunately Barcelona didn't look hungry enough to complete the comeback and worse off they were at home and the 12th player effect didn't help them either. But credit should go to Villareal for putting up a brave fight playing away from home and to score five against these big boys..just hope this will be an eye opener for these guys to shake things up to organise the team before they drop more points as they haven't been convincing enough. Barcelona defense has become so porous that they concede goals as if they are from relegation. Their last match Girona won them 4-2 and now 5-3 by their visitors. Some thing should be done fast before they get misplaced on the table. Two goals in the injury time have Villareal a relief and they were able to achieve three points from the defending champions. I think Xavi should be replaced, because it is like the situation of the club or the circumstances facing the club is bigger than his brain. A more experienced coach who can manage and contain such challenge should be employed to fix the club back. |
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This is a bad start for Juventus as they started the match with a red card given to Milik. This is the first time this season that Juventus got a red card in the early minutes of the game. Currently Juventus is playing with one man down and I think that they need to play with caution if they want to win the match, but this is a disadvantage to Juventus.
A big opportunity for Empoli to win Juventus if they know what they are doing,as they will take advantage of the red card given to Milik. I can't say if Juventus will win this match anymore because I don't know if they will be able not to allow the the vaccum left by Milik not affect their performance. Counter will be the best solution for them.
Juventus 0-0 Empoli
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That's why aside for long preparation and having a emergency fund set much really better if we are also aggressive learning a lot of information needed before investing on bitcoin so that we can save up ourselves to any negative possibilities and we would not easily get affected if there's fud scattering then here we are having a lot of bitcoin holdings since we provably lose with that if caught up by fuds spreaded by some people who want to destroy the patience of people trying to hold their coins for long time.
This is why you must have the believe in bitcoin before investing. Also having a bitcoin target and staying focus on your consistent and persistent accumulation through DCA weekly or monthly is very important as a newbie and you need to turn deaf hears on whatever anyone is saying against your passion of holding bitcoin. There are so many news that one will hear and so many discouragement during your accumulation stage, but let that not distract you from reaching your goal. If you also see bitcoin as a lifetime investment, and will be passed down to your children, this will even be better because you will not get carried away with FUDS. One thing that I love in bitcoin, is that the more you are hodli and accumulating, the more you will begin to understand that if bitcoin dips, it will definitely bounce back due to your experience in market. I could remember that @JJG said that during his early days of accumulation, people made fun of him that he is wasting his time and money that bitcoin will crash. He even said that when bitcoin price got high in the bull run, someone I don't know how close the person is to him, though, told him to sell all and take profit but he refused and the person called him a fool, but look at it now he has grown his bitcoin portfolio to the maintenance stage now, who knows if he has reached the fuck you status. Don't listen to any news or anybody when you are investing in bitcoin because a lot of people will discourage you from the media, friends and family but just stay focus and when you have grown your investment to your bitcoin target, you will see them as that fool that you were seeing you as in the beginning. It is your choice to decide if you will listen to fud or not. |
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