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581  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing altcoins now or during halving? on: December 02, 2023, 09:14:08 PM
Currently Altcoins are start growing and crypto market condition is pretty good as every where is green. And many of us expected that, bull will come soon and so people already start analysis for which altcoins should buy and could be best investment for bull run. But as we know, market goes a little down when it comes to BTC Halving, which will be happened probably on 24th april, 2024.
So are you going to pick your altcoins Now??  Or During/After BTC Halving while you can buy altcoins with low price?

The altcoins you see are pumping are probably from result of news and perhaps big news that's worth having the attention of investors. Right now, I don't think it's the right time of altcoins. The main focus now is on bitcoin and that's because of halving + ETF approvals. If that happen, the bitcoin mining reward is going to be half and the bitcoin adoption in US will increase because the likelihood of it getting ban is outshine already and that's because Blackrock controls US stocks.

Altcoins will comes after this two and I want you to pay attention close very well. Some altcoins will want to recover from the last bull run collapse that happened, it's better you watched out of this coins especially the ones under the watch from FTX, they are waiting patiently for this coins to recover fully so they can dump them in the market, they already have an approval to sell them just that they are waiting for green flag to dump them. Choose wisely.
582  Economy / Trading Discussion / Re: Do we need to have a stop loss if we are 100% positive about a trade? on: December 02, 2023, 09:06:25 PM
I have been into trading for many years but I have never used stop-loss myself because I believe that stop-losses won't help a trader to improve his/her trading abilities. The stop-losses are something that will protect a trader from losing a lot of money in a trade but if a trader doesn't conquer the fear then that's the worst thing I guess.

Were you trading last year around May last year to be precisely? I'm asking because without stop loss in long position, you will probably have nothing left this year except if you were among the 1% people that short bitcoin and other coins from there top to bottom like USTC and Luna, stop loss really saves a lot of trades from damage that time because you might be sleeping when market will start dipping and without it, you will be screw because exchange will not help you terminate or close a position for you.

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I have won many trades and I've also lost many trades but I have never used a stop-loss for a single time and that has helped me as a trader to improve the areas that needed that improvement. I'm not really against stop-losses but I believe they can cause fear in the mind of a trader and the trader might not take risks if he/she fears about the losses that take place if the trades go wrong.

I would like to know that what you guys think about stop-losses, and how often you guys use stop-losses to avoid getting huge losses in your trades?

I understand your explanation but stop loss aren't just for how you describe but in emergency situations that you don't have power over. You can have an open trade and then decide to take a nap or perhaps go out and live your thing doing it's market things and you were carried away or even forget that you left a trade open and then the market crash, you will be regret doing that without a stop loss because it actually stop you from having lots of damage from the market.

The reason why some don't appreciate stop loss is because the market is unidirectional and everyone has fous right now on halving, so weight not see bitcoin crashing soon but I'm very confident that when the market is ready for a correction, you will definitely use stop loss else you hands will burn.
583  Economy / Trading Discussion / Re: Weak or wise? on: December 02, 2023, 08:52:29 PM
In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

You analysed the market and see a potential and then you started having doubts about the continuity, there is something that you might have seen that is giving you that doubts and a second thought, and there is nothing wrong is having doubt because you are really trying to protect your stop loss even before any circumstance happen. Let's say fit instance, SEC met with Grayscale and Blackrock in anticipation of Bitcoin ETF and because of the news, you open a margin position of bitcoin with the intention to get something before the approval day and all of a sudden you started seeing some red flags for reject, closing the trade with your current position and profits means you are smart because you didn't lose anything from your trade.

There is nothing bad when you are proactive in trading and taking profit, there are something you might even see before they happen or even read in the news before it becomes so fast and spread to the rest. The reason why some people does have minimal losses in trading sometimes is because they do have genuine and reliable source of information before the public and they are quick to leave the market before others and that's how they mitigate losses in trading, so nothing wrong in such situations.
584  Economy / Trading Discussion / Re: What you need to know about trading on: December 02, 2023, 08:38:03 PM
Most people think life is a bed of roses, is all about sunshine,  enjoyment etc not knowing that there's always a  tough time and the ability of one to overcome this time makes him great.  Tough time is the point through which poor and successful people emerges depending on the choices and decision they take.

Trading is actually an act that need the state of mind, knowledge and experience. The more expert you have as a trader, the more you enjoy it and the more transparent and clear things becomes because a professional trader will understand how to navigate market very easy and accurate than a newbie.

The timing also influenced trading, we tend to have more rich men during the bull mart than poor men in bear market, most of the time the market is always saturated with rich men than poor men in the bull market while during bear market, we do have plentiful of poor men trying to survive.

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Most traders and investors are inpatient they only think of the positive side of it ( making profit) not knowing there will always be a loss someday,  well most of them know but when they make losses they became frustrated and unstable,  some will give up because of that little experience.  Sometimes we make losses and we have bad experience like we offend God but no, we are only been tested.  Some of the spirit of a trader or invest is "I can make it mindset, resilience...

There is nothing bad in been optimistic about the market like the Blackrock upcoming ETF, it's giving everyone a ptsd(Post-traumatic stress disorder) and everyone are already trying to get some bitcoin and hence the reason why bitcoin has been pumping gradually over the last month, seems we will see $40k as suppot soon.

However, what many them that are chasing the profit don't understand now is what to do next after the pump, the smart ones wouldn't wait to tick the global support of the previous ATH of the past bull run and some will wait for it to get there and perhaps retrace and they will not still take profits, that's the simple mentality some traders lack, they don't understand when it's time to take profit.
585  Economy / Gambling discussion / Re: How discipline are you in managing your bankroll? on: December 01, 2023, 08:26:16 PM
If you are not good when it comes to emotions or simply sticking with your early plans then you would be easily get bored and this is primarily a main problem for most people.
They do want some action or they cant really just that sit idle and wait up for the results. I do understand though because i have on the same emotion on the time that im trying to
be strict when it comes on how many bets that i should make on a certain session. You will really be having that kind of urge feeling that you shouldnt be that
sticking into that kind of betting and would be making out bets on no pattern method.

When it comes to capital or bankroll method then it would vary since not all person will really be that the same when it comes to tolerance level if we do speak
about risks. The key on here is that you do know on how to control your emotions and finances.

I don't personaly see any problem bankroll and emotion control, if you know that you can't control your games and how you wager games, it is better you deposit the amount you know you can deal for that particular time and if it happen that you lose everything at the end of the day, simply logout and close the tab. It will be lack of moral and indiscipline to deposit another money when you know that you have lose your cap and try to do another one, that is very poor managerment. When you don't have good management, you will never enjoy gambling because all the time is going to be loss.

I think what I said already justify how to safely manage bankroll but individuality sometimes make it difficult for some people, they will  be like I know what I'm doing and the next hour, they have lost everything to the gambling platforms and it is very bad because casinos are even looking for ways these people don't wake up, so they keep winning their money until they have nothing in them.
586  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: December 01, 2023, 07:48:52 PM
Even if what you say is true because sometimes there are always unexpected changes in the 90 minutes of the match but with Tottenham's situation now I think it's still difficult because until now the effect felt when Romero was not in the defense made Tottenham easily falter.

Manchester City will be able to dominate that's for sure and now it's just a matter of seeing what Postecoglou will do in this match.
They in the previous few matches were too cautious but did not park the opponent well because their focus was only on the ball and trying to keep the ball away from the defense but that was not accompanied by marking the opposing players which made it very easy for Tottenham's opponents to enter the ball.
Now Postecoglou must be able to fix that. I don't think they will be able to win but the potential for a draw is still there and even then it is still very difficult for sure.

No way Tottenham is going to have that game so easy against Manchester City. Firstly, Tottenham will be playing in the Etihad stadium and whichever team that goes there will be hurt with feelings of goals, they will win Tottenham because if you look at every angle of the team, they have broken player right from the winger, the midfield, and the center back, they have all gotten one or two players that is suffering from injury and the players they are using for backups are not upto the standard because they have been bench for long to be used now when they don't use them frequently.

Manchester City is also on mandate to strike through any team that comes his way because right now, Arsenal the elephant team is standing on a wing of a Premier League table, the first is not strong even as they still want to be there, Manchester City want to have that place back and give it more space from other teams and Tottenham will definitely be that grill meat they will used for that quest.
587  Economy / Gambling discussion / Re: CASHOUT OR NOT???? on: December 01, 2023, 07:17:36 PM
Good day everyone.

I'd really need your advice on something I'm debating within myself. Okay the screenshots below is a running ticket that's been on since Sunday, I carefully selected 2 games for each day using the same market options for all the games( Home or Away to win).  I've been carefully watching the game every single day as everything has been going as planned, although there were times I panicked as some matches almost went bazaar. But thankfully everything went well. So today's the final day and I've been given an incredible amount as my available Cashout, so I've been waring against myself since morning if I should take the cash out or if I should just allow the game to finish playing. Honestly I want to leave the game, besides it's just 2 games left and the games are likely to play in my favor, but who knows, these things can be so unpredictable. What if I take the cashout and then the game plays ( which I believe will happen) then I'd be loosing over half of my winning, and then what if I leave the game to finish playing with intentions of taking everything and it goes otherwise. Please guys I need your advice, the first game starts in a couple of hours and I still can't decide on what to do right now.

I used sporty often time without number and I know very well when it is necessary to cashout but you see that your last game, double chance will happen because Juventus has history of conceding goals from Monza but this season is different as Juventus is fighting to move to top of Seria A and they need this match to complete that points to standout on the standing and Monza been walking like a snail in standing will want to win them as well to move up in the standing, even in there last 5 matchs they don't have draw in their history, one must win in FT.

However, if you fear that you will get nothing at the end of the day, why not do it 50/50, use the slide and cashout the half of the option they gave you(150k) and leave the rest, if the game goes as you expected, you will get additional win of 300k and together will be 450k, that is good management in my opinion than lose everythinh including your wager, atleast you will know that you are in safe hands and you didn't lose a single kobo to sporty.
588  Economy / Gambling discussion / Re: Why sports betting? on: December 01, 2023, 03:40:43 PM
Basketball is a popular sport in our country and some of the people I know like to bet money on games to increase their enjoyment beyond simply watching. I also do this to support my favorite team. Others bet to win money based on their knowledge of basketball and which team they think has a better chance of winning.

Sports betting differs from other games online. You can bet many options from the team winning, if there will be overtime, the team to win in the first half, and many more.

In the long run, the best approach is to enjoy every bet, as winning consistently is challenging.

The most simplest sport bet I have ever ecounter is basketball, cool opions to play with and you will have your money in the bag without going deep on your analysis but these days, it has been a fountain water that is difficult to see even on top of the ocean. I have not win a single ticket from gambling since July of this year but I hope the bookies will do something about there options because the past events odd and the current are not matching up with the recent ones, you will chose over 65 points total in the first half and the both teams will play way below that points, that's ridiculous and like cheating to me, some people even think that Basketballs are easy to manipulate scores.  Huh

I prefer sports tha casino games but I think people that are exposed to them loves it more. Like in the asia for instance, the people love playing it very well and they do less sports in there place but in Africa, we do less casino games and do more of sports, that is the reason why you see betting shops everywhere around the streets and sometimes unemployment contributes to this increasing numbers of betting.
589  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: December 01, 2023, 03:22:45 PM
Well, to make that come true, they will have to accept parting ways with Mohamed Salah. Kylian Mbappe's contract with PSG will expire in June 2024 and will be free to negotiate with other clubs from January 1, 2024. Last summer, Liverpool rejected a huge £150 million offer from Al Ittihad to buy Salah. With teams in Saudi Arabia still craving Salah and willing to spend heavily, Liverpool is embracing this idea. But even if they had enough money to recruit Mbappé, it is unlikely he would agree. Because they aren't the place where  Mbappé wants to build his next career. I hope they calculate carefully. Otherwise, they will also lose Salah. They are betraying Salah's loyalty.

Mbape contract will not expire by 2024, the current contract has an option for sell but will expire by June 2025 and that is why there has been a release clasue of an option to sell to another club but the club will compensate PSG so that they don't lose him just like that, it is going to be a win win situation for Mbape and PSG long term beef they have been having and he can move without any problem as they were having during the 2023 july open transfer.

Mohammed Salah has contract with Liverpool until next year June 2024, which means that he is going to be with club until the end of this season but I still think there is no going to be any resign to keep in the club, he has paid his due to the club, it will be wicked of Liverpool to want to sell him with money. I think he is going to live for Saudi Arabia on his own without any facilitation from any external clun which is even great, don't want to hear a legend like him been force to take what he doesn't like in the first place.

Liverpool didn't reject Al ittihad deal, they don't have any left winger to protect the team if Salah is let go of his duty, so it is understandable that the offer was rejected because of the time but I can see that his performance in the club is already declining, they will be happy to take that money from next season to buy more young project that will do way better than him.
590  Economy / Gambling discussion / Re: Why sports betting? on: November 30, 2023, 09:02:16 PM
With hundreds or probably thousands of games online, I'd like to ask why would you choose sports betting?

Simply because I can make predictions base on what I understand and what I love doing. There is passion for watching sports and the reward you get is betting it. I can easily make computational statical analysis with the past history of events that has happened and make my predictions and will come through but I can't do that with online gaming, with sports betting I get to choose more than 40 available options just to make predictions so easy with the options I am confident on and still win.

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I believe that sports betting has become more popular here in the forum since most gambling sites, our reputable gambling sites are already sports betting on the menu. So, out of curiosity ( don't want to assume), what are the reasons why you fall in love with sports betting?

Moreover, I like to know if you really believe you can win in sports betting in the long run, or you just really think no chance because every game can be win by luck, sports betting is not exemption.

I don't crave for gaming like I do with sports bet, because of the love I have for football, I have a play station I play my games frequently when I'm bored or when there is international break just to help my self entertain, that is what sports is all about. However, if you check the gambling board very well, you will see a quite number of casino games lovers. They are complete opposite of sports bettors.
591  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 30, 2023, 01:40:15 PM
Considering Newcastle's last two results and performances, I don't think there's any reason for anyone to think that the team is currently on the decline. Last weekend, they convincingly defeated a Chelsea side that's not lost to any of the big teams in the league like Liverpool, Arsenal, Tottenham and Manchester City since the start of the season and were few minutes away from beating Paris Saint Germaine in their UEFA Champions League game away at the French capital before they were denied by a Kylian Mbappe's controversial penalty.

Newcastle's performance this season has been majorly affected by injuries to the first team players but regardless of all the set backs, they're still in good shape to finish the season on a good note.

Newcastle isn't in bad form but they are doing fairly in the Champions League but Premier league is poor, this time last season, they were been jubilated for their efforts in most of the games they had,they fought every club to their kneels including Manchester but this season, they have only been performing below average in my opinion but I will take the injured players for an excuse for their under performance and I want to see them buy more players when the market transfer open by January to restructure the team.

Manchester United and Newcastle will have their next match in coming days and been neighbors in the table, I am doubting between these two is going to win. Manchester United are not too happy with their recent performance but if they do well, they will over turn Tottenham in the table to sit beside Aston villa which if they struggle further maybe in the next two matches, we should expect them in top 4 performing teams for the season.
592  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: November 30, 2023, 12:59:01 PM
Mohamed Salah still has a contract with Liverpool until the 2025 season and maybe for this season Liverpool will still retain this key player, Liverpool still needs Mohamed Salah to strengthen the team's performance as long as Mohamed Salah still makes a good contribution to Liverpool I am sure Liverpool doesn't want to sell his important players That.

What is he going to be doing in the club after the contract expiry? Since Mane left th club, his contributions to success of Liverpool is degrading everyday like it's coming down to zero. They were trophieless last season and this season is at it again but they have improve in Europa and Premier league but that is not a concern until they win the trophy, some teams like Tottenham showed us that they are back for good but look at them today,they are struggling now.

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Maybe after this season ends or when Mohamed Salah's contract comes will to end, Al Ittihad can negotiate with Liverpool and Liverpool still have enough time to choose several players to replace M. Salah. The sale of M Salah to Saudi Arabia will certainly provide big profits for Liverpool and M Salah can spent the rest of his career in football with Saudi Arabia and M Salah could have a big salary there and that would be good for his retirement.

He loves Arab, I'm confident that he is going to make that move to one of this Saudi Arabia professional leagues where Ronaldo and Benzema are culling and getting tremendous amount of pay weekly without doing much and still get paid on influencing their culture by wearing their cultural attires.

If the contract current contract will reach 2025, it's better for Liverpool to sell him next year while the contract is still on so they can benefits on his transfer, failure to do so will earn them nothing unless he is willing to remain in the club for another extension.
593  Economy / Gambling discussion / Re: Can somebody make a successful career in gambling on: November 30, 2023, 12:38:30 PM
As I have mentioned, a career in gambling cannot be achieved by everyone. I understand what the OP mean, about the possibility of making gambling a full time job. This is a very difficult thing, considering not every day we can win and get a lot of money. Playing cards, betting on sports, all of these can be options, but win is not always ours. Especially for those who choose to make slots their full time gambling, this will be even more difficult. Referrals are not a part of the OP mean, but I think this is the easiest for gamblers to choose. However, the factor of how he gets referrals and how much he gets will determine his income.

I just feel like only a lazy person will want to adopt gambling as a full time job because I am not sure why will any person want to make money for life on assumption and probability, something that may never come should never be a career in life. Even the referral you.are talking about, it's not as if they will refer people to the platform forever, most of the time referral are one time opportunity, the moments you refer everyone and get paid, that's all for you unless you seek for another gambling platforms for another opportunity and referrals cannot happen all tbe time.

It's better to have another thing doing while gambling as a side gigs, when the pay comes around use it to do something tangible else one day, you will beg to feed the stomach. Using myself as an..example, I have lost 3 tickets on 5 days meaning I have not a single bet from my tickets and I have taken a rest till I see good matches, now imagine depending on such for living. What is going to he the story now.
594  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: November 30, 2023, 12:30:38 PM
Congratulate Arsenal for their big victory that shows their strength but they must think further than a single match. They have a long season and they are competing in many competitions from Champions League to Premier League, having ability to maintain good performances with best player resource in a long season is their main concern. It is more important than a big victory in a single match because they win titles by winning many matches like in Premier League and big direct matches in Champions League. Win big and lose later will not bring them to any trophy.

I think for we need to celebrate Arsenal for the wonderful conversion they did in their last match against Lens, after how many years in the Premier League and they pull this through in the space of 2 years need to celebrated, what they need to do now is go.stronger as they move forward and at the same time fight the battle of the domestic league, imagine having treble like the Manchester City did last year, it's going to be a blast on other teams faces but I understand that the kind it finishing they did against Lens is not possible in the Premier League because the team was from another division entirely.

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They no longer control their chance in this group. If they win against Galatasaray, they would have a more easily last match in this group. With this disappointed draw after taking lead two times, they will have to beat Bayern Munich in the last match day and at the same time, they need a match between Galatasaray and Coppenhagen ends with a draw.

Two conditions must be met together and the chance for Manchester United to be qualified for round of 16 is very slim.

Manchester United had the opportunity to rewrite their history in the Champions League in their encounter with Galatasaray but they wasted the silver opportunity and now, that will be very difficult to achieve again because the chance of going out of this group is conditional on what other teams like Copenhagen and Galatasaray play and what Manchester United also play at the end of the day. Let's just accept that Manchester United will be going back to Europa league if they win Bayern Munich.
595  Economy / Gambling discussion / Re: Gambling game is not good and everyone should stay away from it on: November 29, 2023, 09:29:58 PM
And yet OP is very active on free bets in this forum. OP, you're a hypocrite. If your father's life got ruined then it's because of his lack of discipline. It's like you telling to stop companies from selling ice cream because your father became addicted to it and became obese. Basically, everything is bad when done excessively, even eating.

The OP is telling you to do what I say and not what I do. Grin But on a serious page, OP is right actually. If you know the number of people some families has lost to gambling, you will pity them and have the same massive support on why gambling is bad for the society, though the problem is always from the players that are addicted. You can't use gambling as a way to feed your family, that's absurd and foolish. Gambling is meant to be gambling( win or lose at the fun of it).

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Modern countries allow betting companies within regulations because it is another sort of fun and entertainment just like spending a ticket to watch a movie or paying to scare yourself riding in a rollercoaster. It's all a choice and people are lucky to live in modern countries where freedom exists.

Some countries allowed gambling business to trivia because they want to share the revenue from this companies knowing that there is no job anywhere. When people look for a job and has no alternatives, the only thing they think of is gambling and gambling but that is very bad because the government is losing young talented youths are productive in gambling and not in other sector of the country that will help them.
596  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 29, 2023, 09:21:58 PM
Let us not give them false hope. Manchester United will not be able to defeat Bayern Munich with their current form, and I do not expect Bayern Munich to play a poor game against Manchester United. Bayern Munich are not the type of team that will not score and win even if they have qualified for the next round of the competition. Manchester United had numerous opportunities that they misused, so they are better off not participating in the Champions League at this time, and no one is to blame. Concerning Eric Ten Hag's position, I believe it will be until the end of the season before management decides what to do, whether to keep him or not. He still has time to improve from now till next

It's not a false hope but been optimistic as a fan, you don't want calamity to befall on your team, don't you? So, it's possible because today, I didn't expect them to raise the bar by having much goals like that but they should have done better. They raised everyone's hope that they will finish the match and win but ended draw which hqs further reduce their chances.

However, we can't say Bayern Munich will completely beat Manchester United in their next game. Bayern Munich is playing home match against Copenhagen and get have not lead nor conceded any goals, if they display this kind of less quality attack Manchester united, I have confidence in Manchester United to win them most importantly that they have home to protect.

Manchester United future lies on what Copenhagen played with Bayern Munich, if they lose then Manchester united have upper leg but if they draw, then the chance is very slim.
597  Economy / Economics / Re: Economists advise caution in trading in Bitcoin currency on: November 26, 2023, 09:52:04 PM
Bitcoin currency has recently come into the limelight as the value of the currency has skyrocketed to record highs. As a result many people are leaning towards buying this Bitcoin. However, many experts are warning about this.

How safe are Bitcoin transactions?

There is nothing like recently come to the limelight, bitcoin has been on the light many years ago, it's just that there are some fraction of bitter souls who don't like see bitcoin do well in life. If not that some bad guys don't leave bitcoin alone with the bad intentions to hurt fellow bitcoiners and only for it to affect bitcoin to fall down. In addition, we have not set a new high repeatedly, last year was the last time we crossed all time high and since then we are yet to set another all time high but anytime after the bi halving.

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He said, the central bank of Bangladesh is saying not to invest in Bitcoin. It is not an authorized currency. It is not worth investing in it.

What e exact, and make the money was directly  wit him but he didn't miss name  because he is busy type of person. The Central banks know that more about bitcoin and seems even people love it more but the banks don't want to listen to people again and with such eye indications, he might like the one was unable to like banking result but bitcoin is always ahead of any coin, now tell me why you will not invest to bitcoin.
598  Economy / Economics / Re: Life is cheaper with Bitcoin and cryptocurrencies in general on: November 26, 2023, 08:49:51 PM
Of course, holding onto paper money means reducing your net worth. The value of the dollar is constantly increasing in our country, due to the increase in the value of the dollar, the value of the local currency of our country is gradually decreasing. Before we used to spend 5 dollars in local currency to do the same work, now we need about 8 dollars in local currency to do the same, we are certainly affected by this aspect. If the dollar could have been purchased and held at a time when the value of the dollar was at a normal level, we would still have benefited financially. The value of the dollar in our country is increasing steadily and I am sure it will continue to increase in the future so it would be wiser for me to invest or buy dollars now rather than save the local currency. But instead of buying dollars I think it would be a good decision if I invest in Bitcoin right now because the price of Bitcoin is going up a lot and the price of Bitcoin is expected to go up even though I already have some Bitcoin investments.

Dollar isn't an investment, it's just a regular fiat like your Naira. The reason why it's having more value than Naira lies in the purchasing power. We are simply dealing with inflation everyday and the government has just kill switch subsidy to gasoline, the FX Market is now float by demand and supply, the central bank doesn't control it any more, that's why we are having economy set back. We are literally now in a new default mode of the economy is the reason why naira is fighting hard to stay strong.

The mistake many of us are doing is buying US dollar to keep thinking its an investment. In a real sense, it's has been far ahead of the Naira but doesn't mean it should be used as an investment because the dollar you are holding is nothing great if you take to US to spend, you might he surprised that inflation has eaten your 5 years dollar savings wouldn't be able to buy much.
599  Economy / Economics / Re: this makes a huge impact on the economy. on: November 26, 2023, 07:49:36 PM
I noticed majority of the people in my area tend to spend more money then usual when they get their salary, like buying things they don't really need.
I said majority of people because my dad owns a grocery store, I have noticed that most of the customers tend to buy more stuff on the 1st and 10th day of the month because on these days they get paid in my country.

Are you salary earner and are you married? The reason why I'm asking is because the responsibility of a married man is different from the responsibility of a single person and what we spend more is subjective, what you like might be something you really hate and I think individually  we have our favorite products we used at home like the hair creams, the type of food we eat and the domestic matetials we used at homes, so I think it's unfair to judge people by what they buy as rubbish or useless items.

What really do you expect in those dates, people get paid for work they do and you know what happen when a need man get money, they will sure go to store to get the things they lack at home, nothing odd in this, it's a conventional lifestyle of people that depends on paychecks.

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I already seeing this pattern on news or business related youtube videos, but I didn't think it was a big deal.
Now I realized that its very important to consider this behavior of people when making business decisions because it can have a big impact on the sales or finances.
I am surprised by it because in my family we usually buy only things we really need, I am starting to understand how other people's spending habits can affect the business.

Do you also find yourself spending more on you payday?, or you approach your expenses differently?

It really depend, if I don't have much demand around me, I spend less but when I have my problems waiting for me before the pay day, then expect to see many payment bills on my hands after payment and if it happen that I get more family problems around my neck, then it's going to be double debits alert here and there. If you are first born and really care about your family, you will understand everything I'm talking about.
600  Alternate cryptocurrencies / Altcoin Discussion / Re: How to invest 8k for passive income. on: November 26, 2023, 07:11:56 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

There is no correlation in your explanation. You have $8k worth of crypto, probably usdt and you are looking for passive income but I'm afraid to tell you that the only passive income you will get in crypto is nothing but pure scam, if you are not careful enough, you will lose that $8k and be worthless at the end, so be careful with the choice of income you are looking about.

I'm not sure why you tried futures trading when you can do that on spot trading. What you need to do is to locate the most liquid trade on exchange, like for instance the last 2 weeks has been Solana, it's has been pumping greatly. You can simply hop into this trades and make something good without any leverage or split the capital into 1/3 and trade with it, you will be able to make $10 dollar easily a day and with consistency, you will be able to make more.
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