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661  Local / Bahasa Indonesia (Indonesian) / Re: [NEWS] CZ Mengundurkan diri Sebagai CEO Binance on: November 24, 2023, 02:47:31 AM
Bangun-bangun buka HP dan liat berita seputar crypto malah dapet berita kalo CZ mengundurkan diri dari jabatan CEO binance karena terkait Kasus Tudingan regulator AS pada Binance yang sudah dilakukan sejak 2020.

CZ memilih mengundurkan diri dan mengaku bersalah atas pelanggaran penipuan dan gagal mempertahankan program anti pencucian uang dan sebagai bagian dari proses tersebut Binance harus membayar denda kepada Departemen Kehakiman (DOJ) AS sebesar $4.3 Miliar.

CZ juga meyatakan di twitter pribadinya tentang pengunduran dirinya sebagai CEO binance dan mengatakan bahwa dirinya melakukan kesalahan dan dia harus bertanggung jawab sehingga harus melepaskan Kepemimpinannya di Binance.
Itu agak terkejut melihat beberapa media telah membuat pernyataan tentang CZ yang mengundurkan diri dari CEO Binance dan saya rasa dia mulai tidak tahan dengan tekanan yang coba dilakukan oleh pihak otoritas US. Tudingan ini mulai di selidiki oleh otoritas US dan mereka telah melakukan penyelidikan sebelumnya untuk membuktikan bahwa CZ memang bersalah dan akhirnya mereka memenangkan ini. Banyak claim yang coba di arahkan kepada Binance dan mungkin kita bisa membaca di beberapa media online dan ini akan sedikit memberikan dampak kepada binance karena CZ berusaha menghadapi masalah ini secara pribadi dan preoritasnya agar binance tidak mengikuti jejak bursa yang telah di tutup sebelumnya.

Dilain sisi CZ mencoba menyelamatkan binance sehingga memutuskan mundur dari CEO binance dapat memberikan efek ganda yang mungki otoritas US akan memberikan longgaran setelah pembuktian kesalahan yang dilakukan dengan membayar denda. Akhirnya kita melihat tidak ada orang yang berhasil melawan hukum dan ketika mereka ditargetkan bersalah maka akhir dari cerita akan berakhir seperti ini.
662  Bitcoin / Bitcoin Discussion / Re: How Often Do You Check Your Seed Phrase. on: November 24, 2023, 01:36:53 AM
Lessons( 1) Do not keep your seed phrase in a particular place (2) Always check your seed phrase to be sure it is intact (3) Be sure you alone have access where your seed phrase is kept.

Conclusion: Knowing too well that keeping the seed phrase and other account related information of a user private are some ways to ensure adequate security, I think we need to do a constant check on our seed phrase so that we don't end up losing it.

I stand to be corrected if there are things that were not listed as this thread is based on personal encounter and observation.
Why check the benis phrase all the time as we already keep it safe at the start of the wallet and I don't think checking it all the time won't help you with security issues. When you decide to use a particular wallet, there are steps that have been prioritized where the seed phrase is the main thing you will think about, how to store it safely without anyone knowing. We have to make sure it is safe when storing it but that doesn't mean we have to look at it all the time because when you keep checking the seed phrase it means that the deviation you made is not safe.

From the creation of the wallet until now I have only seen my seed phrase three times and the last time I saw it was probably a few months ago. When we are sure to store it in a safe place we may rarely check the seed phrase and at least that is what happened with my seed phrase. My hope is that you have safely stored the seed phrase so that you don't have to check it every day and maybe don't worry too much.
663  Economy / Trading Discussion / Re: What’s your portfolio building strategy for crypto? on: November 23, 2023, 04:57:04 AM
I just found out about AI technology in helping increase portfolio value. My technique up to now is still manually analyzing coins and just buying and holding periodically. I have been doing this since I got to know crypto and I personally think it is effective. However, there were times when I experienced losses in altcoin investments due to bankruptcy and fraud when I first got to know crypto, since then the dominance has only focused on Bitcoin.
The level of accuracy may still be a problem when people use Al to help increase the portfolio and if someone does not try to do manual analysis using their knowledge it will be difficult for them to find conclusions. Especially if someone uses Al to predict altcoin and I am sure the potential loss will be far greater because Altcoin cannot be predicted and is too easy to reach the stage of loss of value in the market. Al is indeed a little more helpful but for me it is not appropriate to use Al in conducting an analysis without considering self ability.

It is better to combine several methods for analyzing and use Al for reference materials and also do not forget to make a separate study before making decisions. The more sources that we learn, the better the knowledge we get because actually we don't need to limit ourselves only on one occasion if we have several opportunities in other places before making a decision..
664  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: November 23, 2023, 03:51:40 AM
PSG no longer have Messi and Neymar but they still have many star players in the club. Star players are not players above average quality but they have higher quality than that. They have a quality coach who have semi final in Euro 2020 with Spain and won Champions League, La Liga with Barcelona.
It makes no difference whether there is Neymar and Messi or not because at the time they were still playing for PSG but were also unable to win the Champions League title. Currently PSG has a much more stable squad and also has a much better coach than before. Luis Enrique needs time to build a more solid team and if management can be patient then I am sure he will be successful at PSG.

This group at start was considered as a hardest group in Champions League this season and so far that early prediction is still true. Only two match days left and all four clubs still have their own chances to take one of first two positions and stay in this tournament.

With slim point differences amongst four clubs, a win or a loss in next two matches will decide their positions in this group. PSG have to play with their best and with most carefulness if they don't want to be knocked out of Champions League at group stage after many years. If this happens, their coach Enrique will very likely lose his job as PSG's President and board members will not have enough sympathy and patience to give him more time in Paris.
The competition in this group is much more difficult because the four clubs that are part of it are quite balanced so it is understandable that in the first season Luis Enrique might not be optimal or fail to advance to the next round. But if Luis Enrique can take PSG through to the next round and reach the semi-finals, I think this will be a big success for him in the first season. Too quick to fire a coach can't build a more solid squad and we can see how Pep Guardiola handled Manchester City and he didn't immediately produce results in the Champions League.

PSG management needs to be patient and give Luis Enrique the opportunity to prove it because it is not easy to play matches in the Champions League. If there are some players who are not optimal, then in the next transfer market they can bring in some of the players they want, so that Luis Enrique can maximize all his players in competing for the Champions League title.
665  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 23, 2023, 03:28:34 AM
There is no chance in hell that De Bruyne is available for this game, he hasn't even started training yet, nor running, KDB is still some weeks away from returning to training, and when he does return to training, City will have to be careful with him, he isn't just going to be thrown right back into the action, he would be slowly integrated back into the team to avoid a recurrence of the serious injury he sustained on the first day of the EPL season.

That being said, City have coped very well without KDB, Julian Alvarez has replaced him in that role, and he has done it so well. This is a big game against Liverpool, but City are at home and they are so hard to beat at the Etihad. The first game after an international break can be somewhat tricky, the players need time to find their rhythm again, some might return injured or tired; thus i hope we can still get a cracking game.
If De Bruyne is not available in this match then it will be much more profitable for Liverpool even though Manchester City has a number of other midfielders who are no less good in terms of quality than De Bruyne. But I am sure that De Bruyne's absence could affect the results because facing Liverpool is not the same as facing Chelsea or Manchester United this season. Julian Alvarez has taken a good role in replacing De Bruyne and perhaps Manchester City have a number of other midfielders who are quite competent.

Play in home will also provide an advantage for Manchester City, although in the Premier League this could change, but so far no team has been able to beat Manchester City at the Etihad this season. Liverpool are also in good form in the Premier League and the international break may tire the players a bit, but if the coach can see the opportunities then one of them can exploit the weaknesses.
666  Economy / Trading Discussion / Re: Spot trading or future trading which trading is best for beginers? on: November 23, 2023, 02:09:16 AM
Both spot buying and selling and futures trading have their personal benefits and downsides, and it ultimately depends at the individual trader's desires, threat tolerance, and trading style.

Spot trading entails buying and promoting assets at the cutting-edge marketplace rate, and it's miles generally considered less unstable than futures buying and selling. It is a great alternative for novices who are simply starting out in trading and want to get a feel for the marketplace. However, spot trading can also be volatile, and fees can differ swiftly, so traders want a good way to manipulate their threat correctly.
Most beginners start from spot trading because they can handle the trade better and in fact almost all people start spot trading at the beginning of getting to know the trade. Both have advantages and disadvantages, but what beginners need to understand is how they can handle risks and be able to take responsibility for the trading journey carried out using one of the trading methods you mentioned. Once the knowledge becomes better then beginners can consider doing futures trading because they already understand more or less how.

For beginners, trading on the spot market is the best way to practice trading skills and the level of security can also be guaranteed. The point is that when they choose one of them, the most important thing is to be able to take responsibility and master how to do it. Spot trading can teach someone much more in trading and the risks are not too big compared to futures trading.
667  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: November 23, 2023, 01:39:44 AM
If PSG is actually interested in taking revenge, I think they should think about the Champions League competition. It is kind of dumb to actually be invested so much in the Ligue 1 because it is obviously going to be won by PSG. They really do not have any competition in the league. They are the best team in the league and it is not going to make sense at all if they are unable to win the league title. The much more important thing that they should be concentrating on is the Champions League competition, which they are not doing in my opinion.
There is no one who doubts PSG in Ligue1 because they have long dominated the league and I am sure the arrival of Luis Enrique can have a much better effect compared to the previous coach. PSG must build a big motivation if you want to succeed in the Champions League because this is a true competition for Luis Enrique or club. Management recruited him to handle PSG to be stronger and he had to be able to bring PSG to compete in the Champions League with other teams in the race for the title.

If not then it is no different from the previous coach because indeed they have become so dominant in Ligue1 for the title before his arrival. Luis Enrique's job is how to bring PSG to compete in the Champions League, although this season has not been able to bring champions, but the coach must build the squad for the better for the season as.
668  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 22, 2023, 04:41:48 AM
I read last November 10 that he was doing well. But De Bruyne has yet to join training with Man City. Until now there is no certainty when he will return to play. There are rumors that De Bruyne was involved in writing Drake's song "Wick Man".
If he comes back then this is very good, maybe Man City have a lot of strategy options with De Bruyne. Of course Man City must make sure that he is healed and ready to play.
De Bruyne has a big chance of being played by Pep Guardiola in this match and if he is currently in a fit position it will provide a big advantage for Manchester City. Facing Liverpool definitely requires a complete squad because Jurgen Klopp knows enough how to apply strategy when facing a top team that is much more balanced. De Bruyne's presence is still a good option in midfield because this player can always control the flow of the match and can also provide good ball flow for attacks.

If De Bruyne's condition has not fully recovered then I am sure Pep Guardiola will not play him as a starter and he will try to place another player. For me, De Bruyne's presence is quite important because it will give his team more control over the midfield so that they can provide many opportunities as an option to get three points at home and to maintain a positive trend as top of the standings.
669  Economy / Economics / Re: this makes a huge impact on the economy. on: November 22, 2023, 03:41:38 AM
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 happens almost in most places now and when they receive a salary they will buy something other than the essentials. This kind of behavior has spread widely among society and they do not consider developing the potential of the money they have. If shopping habits can be balanced with opinions at work, that's another thing, because this can influence the sales sector to be much more developed, but what becomes a problem is when spending is not balanced with their income. I don't have a criteria for buying things and usually I will put the important things first even though sometimes I can't control when I have money and that's how human life is nowadays.

People's behavior in making money through productivity is not always the same and some people do not even have the ability to develop a business. So this is what we need to review and the younger generation must really be taught to develop their potential, spending money on things they need is a must and an attitude of prioritizing what is important must be instilled.
670  Economy / Trading Discussion / Re: I have a question about posting a bounty. on: November 22, 2023, 03:00:31 AM
These will serve as incentive or reward tokens. Right now, I'd love to treat everyone here to some deep-dish Chicago pizza and reward you with my coins during my bounty program. This is my first post on the board, and I hope it sends a positive message. I appreciate any advice you can offer. In the meantime, I'm enhancing the security of my website and creating more backups than ever! Also, I need to connect with Dropbox.
Thank you,
You did not explain in general the conclusion of this post and I only caught an indication of the creation of a project that you might be running. But the problem is that we can't discuss further about what you want to look for because you didn't try to explain in more detail. If you intend to promote the tokens you create through a campaign, perhaps you can visit more relevant boards because there will be many people discussing there appropriately and accurately, our forum has boards that are relevant on one issue to another.

Many people have suggested accuracy regarding the posts you make and if you intend to develop them maybe there will be much more focus there. I also want to suggest one thing and that is when you are serious about developing this then don't create scam coins because it will not give you anything much bigger.
671  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: November 22, 2023, 02:20:29 AM
I would say PSG's main strength this  season is that they have an  experienced coach like Luis Enrique. So  despite having a mediocre squad, PSG team's performance is quite good. However  PSG's performance in the  Champions League has been erratic. And whether they can qualify for the round of 16 is not certain.

Now the PSG  team is in a good rhythm. They have been  able to continue their good performance  consistently in Ligue 1 matches. PSG will play against Newcastle and Dortmund in the next  two Champions League matches.  A win at home against Newcastle  would almost guarantee PSG qualification for the knockout rounds. But I  don't consider this team as favorite for Champions  League title. The team is completely dependent on Mbappe's performance.
Apart from having a good coach, PSG also has players with above average quality, depending on how Luis Enrique maximizes them. Group F is the most tense group among the other groups in the Champions League because the competition between the four clubs is so balanced. It is still not certain who will qualify for the round of 16 because the four clubs still have quite a big chance in the remaining two matches. If you look at PSG's chances, it is still quite convincing to qualify because in this group they can always produce surprises beyond predictions and they are also playing important matches at home.

It depends on how they experience the match against Newcastle at home because in their first meeting they were embarrassed by Newcastle with a very painful defeat. The final match will be against Dortmund who are currently in first place in the standings and if they succeed in beating Newcastle then in the last match there will be a little more chance.
672  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: November 22, 2023, 01:32:04 AM
Lyon hasn't really been performing so well in the goals scored and the margins too, they have work to do trying to go up to avoid relegation, there's still time left no doubt but they have greater chance of avoiding relegation than going up above the bottom half of the table, the manager needs to watch the team closely and decode the errors and profer a solution to it.

 The team doesn't have to lag behind anymore. They have to get enough points in their sleeves just so they'd be able to scale above the table confidently, Lyon has been a good team from the start but the season just seems against them but it's not too late to make corrections, they can still fix the areas that has the errors, so as to get back to winning ways and also avoid relegation.
Coaches must try to motivate players so that they can provide maximum results in the future and may have to try to evaluate the front line and defense so that they become better in terms of scoring goals and defending. This season is still quite long and there is still a lot of time that Lyon can maximize in order to avoid relegation at the end of the season, but the problem is to what extent the coach can make a difference in the upcoming matches because if continuously accept defeat it can actually make the player's motivation worse.

Apart from looking for ways to improve the front line and defense, they must also be evaluated so that they don't make mistakes that lead to defeat. If you have a good front line but the defense is still poor then this can also endanger the team. I'm still quite confident that Lyon can get out of the relegation zone but that's not enough.
673  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 21, 2023, 05:03:45 AM
For the big match between Manchester City and Liverpool I can say that I also favour Manchester City to win like most people. Liverpool are way stronger than the previous season which is a fact. But their job is still really difficult in Etihad Stadium. It has always been like that for a long time as well. While Guardiola is here and his system is working smoothly it is really difficult to beat them especially in away matches. It is the same for even Liverpool which are the second team in the standings now.

But we can at least watch a match with quite many goals. There have been many matches between them ending like that. I think both teams would score and we are likely to see at least 3 goals.
Almost everyone places Manchester City as a strong candidate to win that match, but I think we also need to look at Jurgen Klopp's ability to face a strong team like Manchester City. Personally, I believe that Liverpool will come out as winners or with a draw because currently Jurgen Klopp is very ambitious to be at the top of the standings. But if you look at the quality of Manchester City's players, it might be difficult for Liverpool might find it difficult to win the match because Manchester City has a good front line now.

If De Bruyne could be used in this match, it would probably be much more frightening because his contribution could clearly influence the number of goals the front player will score. Accurate passes from De Bruyne can always be utilized by strikers, especially Haaland, who has lost his usual sharpness when De Bruyne is not playing and I don't think will produce big goals in this match.
674  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: November 21, 2023, 04:21:21 AM
The gap is too big. Manchester city has owned 1 UCL trophy compared with real madrid which was 16 troohies. Will city able to consistently winning UCL till 16 years later? Ithat's impossible to happen. I think that it's quite irrelevant to think city is willing to match real madrid's record.
Manchester city is just doing its best to make sure the club will able to defend its trophy and no more. I see no intention owned by city to compete with real madrid in term of achievement.
Real madrid has been known as the best club in the world with consistency to win the trophy in any seasons. Im not even sure if pep will able to stay at manchester city till his contract will be running out.
That is the problem and how many years it will take for Manchester City to pursue 15 UCL titles, not to mention talking about the club's level of consistency when they are undergoing a coaching change. If Manchester City is no longer coached by Pep Guardiola and a number of players leave, it will definitely have an impact on the club. Manchester City are just starting to compete at a bigger level and last season's UCL title does not necessarily mean they can be compared to several other clubs who have won the UCL several times. The records of these two clubs are very different because Real Madrid has been one of the football giants since I was at school and at that time no one knew about the existence of Manchester City.

Those teams are strong except PSG. PSG was not that strong like bayern or real madrid. guardiola is willing to repaet the same result as last season.
Even though bookies still favor Manchester City to win the UCL, Real Madrid and Bayern Munich have emerged as strong contenders for the title. We will see which club that is going to win the UCL this season.

Im thinking real madrid is the most potential one. I have taken multi bet for upcoming matchday.
PSG is not really considered for the UCL title this season but I want to include them as one of the favorite candidates. Even though I know their current strength is not much better than the previous season, Luis Enrique's presence makes me a little confident in the quality he has in coaching. Real Madrid and Bayern Munich are still considered as one of the teams that will win the Champions League this season, but Inter Milan and PSG also deserve to be included as favorites in my opinion.
675  Economy / Trading Discussion / Re: What’s your portfolio building strategy for crypto? on: November 21, 2023, 03:16:24 AM
Guys, I’d really like to know how you built your crypto portfolio? I’m a seasoned crypto investor myself (not to mention an entrepreneur) and this is just that time of the year when I ask other crypto investors about their strategies. My Strategy is centered around using AI to analyze data and trends of the current market and then rebalancing my portfolio based on my findings. What are you all doing/have done to build your portfolio?
My way of building a Bitcoin portfolio is consistency and knowing the right way to use purchasing strategies when I have money. Bitcoin is the best choice especially for me at the moment and bitcoin is also part of the choice that I continue to believe has a path to financial freedom. You are so confident in claiming that you are an experienced investor, but unfortunately there will be many people who will start to underestimate you because this gesture does not show your strength as an experienced investor but rather tries to offer yourself to teach other people.

I am not hinting at your method and perhaps there is no clear picture of that strategy. Al is not completely 100% accurate though they can do that and you also have to carry out your own analysis before making a decision. I don't know how you will do it and if you use this strategy every time you enter a trade without evaluating and matching it with your own analysis. Because I am a typical person who likes to see the predictions of many people before deciding on a decision based on my own analysis.
676  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: November 21, 2023, 02:33:36 AM
Lyon was the team they were usually racing for the top place of the French League but unfortunately, the recently thin team didn't have a good situation, and and I think Lyon should be at the bottom side of the table to not get relegated at the end of this season because so far they didn't get good results.
Losing several important players this season has had a big impact on Lyon and they even struggled to get a point in their opening four Ligue1 matches. Lyon's six defeats in Ligue 1 means they are currently in the relegation zone with seven points and this condition is a big problem for Fabio Grosso because if it is not evaluated it will make things even more difficult. The relegation zone is a position that is quite avoidable, but when the coach does not have quality players it will be difficult for him to overcome this pressure.

Even though I'm sure he can overcome this until the end of the season, if he doesn't try to do it from now on it will be much more difficult later. Barcola and Lukeba were two important players last season, but now they have left and Lyon's front line and defense are not as good as last season. Fabio Grosso also has to evaluate the defense line because so far his team has played quite badly.
677  Bitcoin / Bitcoin Discussion / Re: How I got started with Bitcoin and how it is blessing for me? on: November 21, 2023, 01:30:46 AM
In the end, I want to say one thing, in fact Bitcoin has not only worked as a support for my life, but after learning the details of its method, it has transmitted a kind of happiness, hope, trust and cheerful life energy in my mind.

Because my teenage life was spent in depression and deprivation. So I think bitcoin is Blessing for me which can bring real power for my life.
There is nothing wrong with the way people enjoy happiness from the results of investing in Bitcoin and that is how humans face life when they are well prepared. Bitcoin can provide options for anyone who can take advantage of it and bitcoin can provide the freedom to choose wise decisions to maintain the value of the currency we have. The problem is when you no have the money to invest and this reason will be a problem that can prevent someone from investing in Bitcoin.

But when you have a firm intention towards bitcoin this is not a problem because you can invest small amounts in stages or what is called using the DCA method and strategy. Remain firm in your principles and if you think Bitcoin can bring you happiness, continue to make purchases according to your financial capabilities and I am sure that one day you will achieve much better financial freedom.
678  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 20, 2023, 06:52:24 AM
This season, Manchester United performed better than Chelsea, but if you measure it with their performance last season, Manchester United certainly experienced a slight decline in their performance. I agree with you that Erik Ten Hag should not be fired early because the work done by Erik Ten Hag so far is still quite good because it has succeeded in bringing Manchester United back close to the top 4.  Manchester United players at the start of season were also hit by a storm of injuries which hampered their game development a bit.

The busy schedule and many injured players mean that Manchester United sometimes doesn't perform better and Manchester United management must think carefully about this in order to improve again in the January transfer window.  Manchester United needs to bring in lots of players to strengthen their defense sector and also strengthen their front line.
Erik Ten Hak should look for Wing Back and Center Backs to be able to bring Manchester United back into competition in the top three. The injury condition of several defenders makes it difficult for him to place players in that position, just look at how Manchester United have conceded goals in all competitions to date. When compared with Chelsea, it may be true that Manchester United's position still looks a little better, but when compared with Tottenham and Liverpool, Manchester United's position is probably far below them for now.

Manchester United has players in the front line and in the midfield position, the composition of players in these positions is slightly better and more evenly distributed. In my opinion, what needs to be strengthened is the defenders because they have a busy match, so fatigue and injuries to some players can have a bad effect on the match. This condition is what Erik Ten Hak needs to take advantage of and they don't need to buy many players in other positions for the next transfer market.
679  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: November 20, 2023, 05:00:42 AM
I also see what you say is quite clearly experienced by Olympic Lyon, because even though they still have time to recover with new players next winter, I am also not very sure that Olympic Lyon will be able to save themselves from being relegated at the end of this season. However, if for example Olympic Lyon is able to do that by implementing several changes after winter, I think that is a miracle that has come to Olympic Lyon. Because just being in the top fifteen will not be easy for Olympic Lyon this season after being so far behind the other teams.
Getting out of the relegation zone is probably achievable for Lyon because they are not actually a bad team and it shouldn't be that difficult for them. This season there are several things that are making it difficult for Lyon to play better in collecting points and the coach must immediately carry out an evaluation in the next match. Buying several players in the next transfer market might be a solution because they are quite weak in terms of defense and so far defenders are still a big problem for them.

Lyon has not been a weak team in the past few seasons and usually they can finish the season in a mid-table position. This season has only been running for a few matches and although there are differences compared to the previous season. I believe Lyon will be able to escape relegation in the second half of the season and that is a much more realistic expectation compared to finishing in the top five or seven in the standings like the previous season.
680  Economy / Economics / Re: Being rich = not looking at price tag on: November 20, 2023, 03:36:36 AM
I agree that buying fancy products on credit is a sign of showy riches. Its more about keeping up appearances of wealth than actually having a lot of money. What is the most important thing to remember? Managing and growing your wealth is more important than just spending it on nice things. Real wealth isnt just flashy money, its smart spending.
There is a difference between the two models of wealth as we have discussed, which is about how someone does things based on precision. When you have sufficient assets, then why buy an item using a credited loan method? This is the striking difference between the model of a person who has real wealth and who tries to look rich. I see this in my environment and how rich people attract people's attention because they are thought to be able to buy expensive luxury goods, but in the end they themselves will face problems because they are unable to pay it off.

Managing wealth will be much easier when someone understands how to increase that wealth. Don't think about buying something to show off to people and this is the difference that makes it easier to judge people who are really rich from people who are trying to look rich. Truly rich people no longer buy things to show off but see this as a business to make a profit.
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