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701  Economy / Economics / Re: Can One Get Rich or At least Not go Broke During a Recession? on: November 03, 2022, 07:39:26 PM
So I ask what hidden opportunities does this recession offer? How can one take opportunity of the recession to become rich or at least not go broke?
During recession only those who bought when prices were normal gets richer. Becoming rich is not a voodoo practice it requires gathering enough during the Summer so as to have enough to fall back to during the Winter when limited plants grow. There are no opportunities during recession the available ones get created by holders but staying above been broke will require a double effort because prices of everything skyrockets during this period and meeting up becomes impossible. 
702  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: November 02, 2022, 11:36:04 PM
Real Madrid should stop wasting points randomly if they want to win La Liga otherwise Barcelona will get it. They are just following them closely while receiving few goals and missing few points.
Agree. If Real Madrid misses 3 points again, Barcelona will overtake them.
The point gap between Real Madrid and Barcelona is only 1 point. If Real Madrid gets a draw or a loss in the next match, their position will drop to 2nd place. However, it only happens if Barcelona can win constantly the next matches. But I doubt if Barcelona will win 100% all the remaining matches, there should be a draw or a loss.


The Laliga is no longer has easy and predictable as it was in previous seasons. Real Madrid are doing their very best to gather enough points which their performance in the league tell so much of the reason they have remained unbeaten in their last 12 matches played. The Los Blancos can maintain this 1 point difference till the end of season even if the Catalans keep up with a consistent winning streak. It might be more difficult for the Catalans to catch up with the Whites even with the 1 point difference
703  Economy / Gambling discussion / Re: UEFA Europa League 2022/23 Season on: November 02, 2022, 11:14:21 PM
Trabzonspor vs Ferencváros is going to start tomorrow a tough match between these two teams. I don't know how Trabzonspor will play in this match but I want to support Trabzonspor in this match. I think Trabzonspor will win this match. Trabzonspor had some bad matches before.  We have seen played, but we hope that Trabzonspor will play a very good game in this match. I am waiting to see the set.
Trabzonspor were in full control of the first leg at Groupama arena but lost to  Ferencváros by 3 - 2. And the seems to be the favourite following their performance in the first leg they were in possession of the ball most of the time. I also hope to see Trabzonspor win against Ferencváros. But if the eventually do it will make no difference except Monaco will lose to Crvena which harder to achieve.
704  Other / Beginners & Help / Re: Stupid or Not on: November 02, 2022, 10:50:43 PM
The biggest risk is the chance of getting the private key or seed phrase mixed up. In the course of moving the coins across different wallets it might result to forgetting to update the most recent seed phrase or private key in a documentable device and will definitely lead to permanent loss. Maintaining a single wallet address so far it is a cold wallet both keep the coin safe and also reduce the risk of losing access into wallet, coin and tokens as long as the private key is kept secure
705  Economy / Trading Discussion / Re: WHAT DID YOU STUDY? WHAT DID YOU LEARN? on: November 02, 2022, 10:39:59 PM
Crypto trading is a complex discipline. It takes time and emotional control to be good(not master) in trading crypto. I think with the nature of crypto currency being highly volatile and in it early stage, it's difficult to be patience and control our emotion. It's not guaranteed to make profit while loses are guaranteed. I stopped trading because I couldn't control myself, I checked the chart every mins
Every discipline has its complexity not only crypto trading. Emotional control and time is only a factor that will aid the mastering of crypto trading it doesn't guarantee mastering. One can have good emotional control and patience and time to build all two but lack the time to study and do research on trading strategies the reason why quitting can become an option

Trading requires learning the skills , Studying what is learnt, Practicing on a demo account, testing different strategies to see which suits best, retesting those strategies as many times as possible, funding with a small amount and gradually grow with it and increase the capital only if the confidence level is built.

~~~~

What stops us the most from becoming master traders?
Now one of the reason why traders cannot master the act of trading fast after learning the process is because traders learn without having the opportunity to to do internship for a period of month before trading independently. Most traders hardly complete their class and the few who does wait for a long time to get their account funded due to lack of funds. Sometimes traders get too much in a hurry to go live even when they haven't built enough courage to face the market. There are different factors limiting a trader from becoming a pro but the above is just a few


706  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- 2022/23 | Group Stage on: November 01, 2022, 10:10:59 PM
Tottenham are in big trouble at the moment. Because they have just conceded a goal and they are 1-0 behind against Marseille. Sporting are also 1-0 ahead against Frankfurt.

In the circumstances, Sporting and Marseille are qualifying for next round while Tottenham are moving on in the Europa League. Tottenham weren't even like on the field in the first half by the way. They had literally 0 goal attempt in the whole half and Marseille had a ball possesion like 68%. Conte needs to make his players realize how important this match is for them. They can't just give up on the Champions League while even one point is enough for them to move on here. They are already not doing well in the Premier League recently. This is a chance to motivate themselves also.
Tottenham came has a shocker and reclaimed back the top of the group D table. The first half was dedicated to Marseille but few minutes after the start of the second half Spurs gather momentum after Sporting and Marseille first claimed the first two position before they were both substituted by Spurs and Frankfurt respectively. Group D happen to be the only game tonight with so much shock and suspense compared to group A, B and C where the top finishers were already known before the start of the match.
707  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: November 01, 2022, 10:02:51 PM
Bayern kept a clean sheet. They were unbeaten in the group stage despite having two giants Barca and Inter from the Laliga and Seria A respectively in the same group, the maintain a record conceding only 2 goals in a 2-4 victory at Doosan Arena where the won against Viktoria Pīzen and that was it till the end of the group stage the kept all other matches on a clean sheet level winning all other matches both home and away without any reply from their opponents i hope to get the best of Bayern in the Knockout stage
708  Economy / Economics / Re: Do you like commission job or salary base job? on: November 01, 2022, 09:49:03 PM
I will always pick commission based  jobs over salary based jobs. If i have little or no idea on how to get my audience in the commission based job it will be challenging at the early stage but once i find the perfect audience for the product boom it will be a rosy adventure because my pay won't be fixed and static but rather based on my effort and productivity.

Another good thing with Commission based job is it can be a good preparation ground for future entrepreneurs and large business owners because from the experience gathered in getting the right audience for a companies product the employee can apply them in their own ventures which will help in predicting what audience best suits a product and how to convince them to try them out
709  Economy / Trading Discussion / Re: Risk management: How to set a Stop Loss on: November 01, 2022, 09:32:54 PM
Here is a tip if you are going to be using stop loss.

Try and not set it right above or below the daily high or low. Those are very common stop loss areas and traders know there is a lot of volatility in those areas and will usually try and run them. If you put it in those areas you need to put it much earlier than the daily pivot or further away.
Support and resistance(S&R) zone help find those areas of less volatility. It is eminent to place stop loss few pips below those S&R zones since it is a rare case for price to retrace below the zones especially in trending and range market. To catch the best out of this stop loss means joining the trend when it just broke into an existing trend like forming either new supports or new resistance depending on the trend.

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Or just enter a trade where you normally would put your stop.
If the trade is entered where stop loss is fixed it doesn't guarantee the analysis is right. I think the idea of stop loss is to prevent excess loss incase the analysis goes wrong so in that case even after waiting for the price to hit where the presumed stop loss was meant to be and it the trade gets executed a stop loss will still be needed incase things goes wrong.
710  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: November 01, 2022, 08:40:32 AM
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One of the games that will be exciting tomorrow will be liverpool vs napoli, but it seems that napoli first position is almost guarenteed because liverpool team need to win with a large score in order to take the first position and their opponent napoli are on fire so its not even sure that they can beat them liverpool performance and results has been poor recently i expect the game to end in a draw.

I don't think, Liverpool can achieve victory from this match because their performance so far in this UEFA champions league competition is very poor, which will be one of the advantage Napoli will use to defeat them in this match. Napoli strikers are doing well in this season, that showed that Liverpool defenders cannot stop them not to achieve goals that will bring them victory at the end of the match. If Napoli coach can make use of their last match line up to play this match, I think they will  definitely defeat Liverpool 3-1 to remain in first position in this UEFA champions league table.
Napoli has a better co-ordination compared to Liverpool their first leg was a 4 - 1 victory for Napoli. Liverpool might just have to manage finishing second and seeing they have qualified for the next round, maybe Klopp might reserve some key players to take advantage of the worn-out Tottenham stars who will have a tough time battling with  Marseille later today and since Tottenham's place in the next round strongly depends on that they will give their all to it. It could be a tactics for Klopp to sacrifice their game against Napoli maybe play for a draw so as to gather points in the PL against Tottenham over the weekend.
711  Economy / Gambling discussion / Re: Is it really possible to quit on these reasons on: November 01, 2022, 07:31:51 AM
....
It didn't take an average gambler one day to gamble and win huge amount, neither did it take the same average  gambler once to lose huge amount, sometimes if we accumulate the losses it might surpass the total games won or the huge amount won and most of the times it takes a huge stake to get a huge win.

One can quit gambling after losing a huge amount if they haven't gotten so committed to gambling, maybe they gamble occasionally but as far as the gamble more often than needed it won't be easy breaking out of gambling even after a huge loss same applies to huge amount won, it takes a gambler who tried it a few times and got lucky to quit so easily compared to someone who has been there for so long. What ever an individual does more often than needed becomes a part of them unconsciously
712  Other / Meta / Re: The Reason why you chose your username on: October 29, 2022, 09:40:23 AM
I don't think i have a reason for choosing my username. After i got introduced to the forum i had to type in a username i will always remember. The forum was my first time of seeing anonymous online community where real identities are hidden so i made a choice from what i could relate with. No special reason behind my username
713  Other / Beginners & Help / Re: How to guide a 10year old on the blockchain journey? on: October 29, 2022, 09:23:30 AM
You can start by using graphical Blockchain syntax to design their rooms that way as they wake up to see the design everyday and  learn about the space unconsciously. At the age of 10 the learn better by pictorial representation even when they don't know what the images represent.  This way when the eventually come of age it will easier to relate to those syntax faster because they will no longer appear new and strange to them
714  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: October 29, 2022, 05:46:00 AM
Brighton - Chelsea is another interesting game tomorrow.

It will be an interesting experience for Graham Potter to play against his old team that he worked with. Indeed, he knows them very well and this will make things easier for him. He can find the right strategies to beat them without looking at whether it is an away game. Since Potter's departure, Brighton have been in a terrible shape. It's been a long time since they won a game in the league the last time. I think this series will continue by this game. Chelsea need a win immediately as they got two draws in a row recently. They should be able to get the win here.
How about things turning the other way round that is to say Brighton understanding Potters strategy since he was their former coach. As it stands Brighton has only lost one home game and that was against Tottenham where they conceded one goal. It might not really be that easy for Graham Potter to win against his former club as many are predicting considering Potter is playing away against his former club and remember when it comes to fast games Brighton understands it better
715  Economy / Trading Discussion / Re: How to improve your trading results? on: October 28, 2022, 09:30:03 PM
I will say build with small and only increase the size when the confidence level has increased sometimes increasing slowly without mastering a start up size can trigger some greed factor. Perfecting the initial size of a trade helps boast confidence in handling something bigger.

Learning never ends in trading. No one can boast of understanding clearly all the market moves. What is clear to  A might be a mystery to B. And what A sees in a second B might have to apply so much analysis to find the trading point. Learning boasts a traders confidence and decisions  
716  Economy / Gambling discussion / Re: A gambler who betrayed his friend's trust on: October 28, 2022, 09:15:53 PM
If I was Charles I would talk to Kevin and give him a chance to do the right thing and give me what he owns to me. We were friends before and that should mean something to him. There is no feeling worse than the feeling of getting betrayed by a friend. I may not trust another soul again if this happened to me.
What if Kelvin has squandered the money with little or nothing left?. That feeling of betrayal will cost so much trust issues for me after such experience. For me i will involve a lawyer straight up so that i can retrieve what ever is left before he goes bankrupt. I won't blame Charles for trusting a friend to such extent but left to me i will use the law less things gets worst.

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I do not know if Charles can go to court and sue Kevin for stealing the profit from their bet. It is hard to prove that Kevin stole the money since Kevin has the slip. All Charles can do is appeal to the good conscience of Kevin to give Charles what is due to Charles. Other than that, there is no legal way that he can get his money back.

As long as money is involved a thousand and one volunteer lawyers and human right activists will take up the case because they know too well their cut will be included when the eventually wins the case. If Kelvin can do away with such amount of money without informing his friend then using an appeal will be a total waste of time
717  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: October 28, 2022, 07:10:57 PM
Do you believe Bayern and Real Madrid can be eliminated
if i may not believe it because i know both of them are great and strong team, i believe one of them will go to the final of champions league champion this season, at least meet Manchester city or PSG between the two are also quite strong and play well during the champions league
We are difficult who will be eliminated in the champions league they are too great and possible to beat other teams so I can't say for sure they will finish first or not.
But I want to watch their matches as well as possible during the competition, whether the club mentioned or any other club, because in this competition all the best European clubs fight to advance to the final.
Real Madrid, PSG and Man City are in my opinion the best candidates.
So many great clubs participating. We should expect the best from every participating club, watching all will give the best fun of the round of 16. Advancing to the final stage will not just be gratified by how good the clubs are but how well they will be able to utilise what they have.
718  Economy / Gambling discussion / Re: Two Gambling Stories on: October 28, 2022, 06:52:26 PM
I do think it would be acting too rash on the part of the girlfriend, if she either sues the boyfriend or request for the whole proceed of win. Only a part should be shared to her, and she should be content with it as there is love in sharing.
What if the boyfriend didn't expose to the girl about the winning, she would probably forgive him for stealing her cash.

As regards the apprentice, if I were the one, the boss has no right to claim what I win from gambling. I would even stop learning under him and find a reasonable venture to invest in.
The Boyfriend only agreed to return the exact amount he stole (10k was stolen and the same 10k returned after such win no). Returning the exact money that was stolen after winning such huge amount isn't good for the fact the girlfriend is aware of how much he won then giving her an amount that will force smile from her face will save a lot of issues. She was obviously requesting 40 million dollars out of her own greed but it can be settled between them has long has the boyfriend offers something attractive enough.

On the other hand the deed has been done but the apprentice might have his reasons for conceding to the pressure from neighbours around. Sometimes publications don't carry the full story but as long as the apprentice left home rich then he lost nothing altogether.
719  Bitcoin / Development & Technical Discussion / Re: A useful PoW without replacing Nakamoto Consensus on: October 28, 2022, 06:27:21 PM
After diving into the research, once the PoW is useful, there are some important impacts:
1. The miners are making money by selling their computation and storage resources.
The coins are not the only revenue source for the miners.
Who pays for the computation and storage resources been sold by the miners?

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2. Once the computation is consumed locally, miners will no longer sell the computation to the mining pool to exchange the coins.
It will bring true decentralization to the blockchain world.
Is the coin been exchanged or is it serving as a new UXTO using the usual p2p system in a new address, then  secondly if miners no longer sell the computation won't it take even longer for confirmation so as to verify the legitimacy of the coin.
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3. The PoW computation is task-based.
If there is no demand, the computer will go to sleep mode to save energy

We propose to build a blockchain with storage and EcoPoW.
Sorry to ask is the computer sleeping as a central storage network, will there be no contribution from other miners to keep the the network running
720  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: October 27, 2022, 10:20:04 PM
although on paper we see it is almost impossible for Barca to shift Madrid's position in the standings but we don't know what will happen in the future, the league is still long, and madrid still have to face great teams in la league. regarding messi, I am also very surprised that there are still many who connect Messi with Barca.
The season is still long, but you also have to look at how Real Madrid are doing at the moment, where no team has beaten Real Madrid so far and if you consider that there are other great teams in La Liga, then that is also like a team. Barcelona have also not been able to beat Real Madrid this season. As for Messi, this is only linked by people who don't know where Messi is now and I see not everyone.
From all indication not just on paper Real Madrid can't be shifted not even by Barca. I can confidently bet Madrid to finish the season undefeated. The only club that should have crippled Madrid chance of finishing top was Barca but as it stands they won't even boast of a draw when Madrid visit them in Camp Nou. The season might seem long but it makes no difference to Madrid.  Many came to love Barca because of Messi and so many don't know he is no more in Barca the reason the ignorantly connect Messi to Barcelona
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