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721  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: December 28, 2023, 02:58:43 PM


Source: https://twitter.com/FabrizioRomano/status/1740285203967250923

Chelsea has signed another young player and this time it is the turn of the Senegalese U17 player, Pape Daouda Diong, who will go to Stamford Bridge. He is a midfielder and it seems Chelsea are not quite satisfied with the options they have at the moment. Pape Daouda Diong will be part of Pochettino's important project and it is certainly hoped that he can provide a different color to the Blues' midfield.

I think the previous signing of Moise Caicedo was the biggest failure for Chelsea because the player who was priced at more than 100 million euros could not contribute for half a season with Chelsea and it is possible that this player will be projected to be a starter to replace him. There is no information regarding the costs and contracts that apply to Pape Daouda Diong at Chelsea and what is clear is that the costs are not cheap. Well, hopefully this time Pape Daouda Diong can give the Stamford Bridge public the expectations they deserve.

Chelsea have been building the squad behind the scenes for the future. They have signed quite some no. of players who are young and I think it is the right way to build the squad. However it will be important to see how Pochettino will bring his involvement into the main squad. I think it will take some time before the Pape makes into the main scene.
The failed project lacked the emphasis on building, whereas the current project prioritizes the process rather than the outcome. Chelsea has purchased a multitude of young players to the point where it seems to have forgotten that experience can also be gained from seasoned players. The current performance of chelsea is very disappointed.
It's caused by so many players have no experience to play in strongest competition. This is also the main reason chelsea is still out of top 5. It's pure gambling for chelsea. There's no guarantee for the young players will always be successfully developed by the club.
Sometimes, it becomes another flop as well. Chelsea is gambling too much on the young players.

About signing of Caicedo, I think Chelsea did a good job signing him. It takes some time for a new player to adjust into the squad and Caicedo really is a strong player. So far I think he is doing a decent job at Chelsea. I think it will take time for Pape to replace Caicedo as Caicedo has plenty of experience as compared to Pape and in my opinion Poch also will give more priority to Caicedo over Pape for a regular squad. For 100+ million Euros, Caicedo sure was expensive but I really don't agree that it was a huge failure as he has been doing his job quite well in my opinion.
Then, how long shall be given to him? I think that one season is enough to proving how good he was. We have also another young talented player like doku or even bellingham and they took short time to adapt to the new club.
Could you provide some information on the issues that Chelsea's players are facing? Although they have the same price as Bellingham, they are a disappointment and fail to meet expectations. Chelsea shall stop this trend.
722  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I’m done with trash coins!! Looking for something promising on: December 28, 2023, 01:11:41 AM
Lol bitcoin is indeed the solution to provide safe investing , but never forget about altcoins in which in ranking position such ethereum and binance , not mentioning the Ripple.

Trash coins will only succeed if we let them fools us, so the best action si only to buy safer coins from the rank 1.50 at least, well thats for me and just an advise for you to check .
anything related to shitcoin always highly speculative and often also manipulated heavily even by the devs that created the coin its just the way it is, these coin are created for the sake of enriching the creator not for the sake of utility and innovation so what you get is coin that acts like a trap where its gonna trap some people money, often time there are even some shady function in their smart contract that disable transaction in the ERC20 token which simply scream the word "scam"
you just shouldn't have any high expectation towards these coin if anyone want to earn some real good money and profit from investing just stick with the good coin that placed on that top ranking ignore some random coin that are just full of manipulation then they are safe from having their money vanish into thin air, thats the thing with shitcoin also the name shitcoin directly implies that they are shit quite literally for anything even for the purpose that they are initially created for.
therefore avoid investing in shitcoin, stick with bitcoin if not the lesser altcoin.
723  Alternate cryptocurrencies / Altcoin Discussion / Re: Tether minted more USDT. on: December 28, 2023, 12:44:31 AM
well hopefully they truly have the reserved asset to back it up, their transparent report in regard of their audited reserve should actually help people to make sure that the peg to dollar is reasonable and not just some imaginary value.
as many have stated it might also be a sign that there will be some pump for bitcoin, after all past trend also shown the same thing too, increase in the total supply of USDT also correlate directly to the bitcoin market capitalization and price increase.

honestly though im not surprised that tether minting more and more USDT in the past they've been minting so frequently their market capitalization climb so fast all the way up to the rank 3.
if anyone concerned with the safety of saving wealth in USDT they should care to diversify their stablecoin holding there are plenty of other stablecoin out there thats good for diversification.
724  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Terra LUNA revival Imminent on: December 28, 2023, 12:06:33 AM
dead coin is a dead coin even if it bounce its still a dead coin eventually gonna get abandoned, if you are so sure you can put all your money in it, but don't blame anyone if turning out you are losing big chunk of your money because investing in a dead coin.
there's reason why the founder are entangled in so many problems if you think these problems are so measly problem that shouldn't be of concern from your perspective and you want to go on to invest into the coin, nobody is stopping you but just know that you are investing in a dead coin which obviously gonna give you unexpected results.
even at this point FTT is better than this coin at least there is rumour that ftx gonna be reviving for real but this LUNC we all know its done, it can't revive.
even the USTC is now just a shitcoin, i with all my logic and cool headed thinking would never invest in shitcoin like this.
725  Economy / Gambling discussion / Re: Saudi Professional League 2023/2024 on: December 27, 2023, 05:11:59 PM
Judging by Al-Nassr's impressive results so far, it has also finally placed the duo Ronaldo and Talisca at the top of the list of two attacking players in the top league 23/24. This is because the combination of these two players has managed to contribute 30 goals so far and the number will definitely continue to increase. The duet from other Al-Hilal players, namely Mitrovic and Malcom, is in 4th place with a total goal contribution of 25 goals. I will not exaggerate the results and after all other competitions are also more difficult than the Saudi league, but if we talk about Ronaldo and Talisca's achievements with Al-Nassr, of course it is worth celebrating. I hope that Al-Nassr will continue to maintain these two goal machines and provide them with longer contracts so that they can continue to contribute to the team's victory.

That comparison was not apple to apple. We can call real madrid and tallisca are productive strikers in the bundesliga but did you compare SPL to the serie a or even bundesliga? Oh god, this is very different. Bundesliga and serie a are top leagues in the world.
To be honest, if this is not apple to apple comparison. The better thing is to compare it with the lower league that is in the same level as MLS. Im not saying SPL is not having high level but serie a and bundesliga are obviously in the different level.
To be fair, can tallisca scores a lot of goals like that once he played in the serie a or bundesliga? Im not sure if he can do it.
726  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: December 27, 2023, 04:45:32 PM
After a series of bad performance, Manchester City are slowly starting to drift further away from the top spot on the table. I think Pep Guardiola will need to lead Manchester City back to their dominating form in the English Premier League in order to catch up with Liverpool and Arsenal. I guess Manchester City should be able to beat Everton for their next upcoming match at the final whistle.
The factor in Man City's declining performance this season is due to the absence of De Bruyne in the Man City squad, because De Bruyne was the key to Man City's success last season, the mature passes provided by De Bruyne were really effective for Erling Haaland in scoring goals this season.  So, at least Pep Guardiola can look for a player who can replace De Bruyne this season until the injury he suffered is completely healed.
If it was the main factor and how can you explain that why manchester city was very often in conceded goals even against the small team? So, did de bruyne play as defender as well? there are lot of reasons that is also connecting from one to the each other. This is the main problem that needs to be solved. De bruyne was one of important factor and this is true but there is also another problem that has not solved yet by the club like the defensive line.
Manchester city is having poor defensive line now. I don't know what reason that makes city declined so hard like that but the performance of walker and its centre back was far from good. It's caused by city's always conceding the ball.

The problem with winning the match against Everton is that Man City will definitely try to get full points in that match, but if fate says otherwise then the result that occurs in the match will at least be the best for both clubs.
As long as city will not be repeating thesame mistake and im sure it will be able to win the game. The only problem what line up that is strong enough to prevent counter attack from everton.
Im sure everton will be playing defensively against manchester city and it makes me curious with the compositions of defenders to be used by manchester city. Pep may be thinking of using something new.
Pep has learned a lot from the previous matches. This is the main problem that looks so hard to be solved by pep now.
727  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: December 27, 2023, 03:21:30 PM
About Barcelona not winning the title this season, I agree with you. But that they can do something in the Champions League, I think they have little chance. Even their first opponent Napoli is already in doubt. Barcelona had almost no competition in the group stage, but it will be very difficult from here on.
So true. The only small advantage owned by barcelona if napoli was not in the good form but you know that if napoli was able scoring a few goals against real madrid as one of club with the highest power ranking in UCL right now.
This is not going to be an easy game for barcelona. The club is putting in a tremendous amount of effort to devise the best formation in order to defeat Napoli, but I have my doubts because Lewandowski has been unable to deliver a strong performance once again.

I think that barcelona will be only having felix as the someone who can be relied by the club. Missing gavi and pedri will be obviously impacting the club a lot. it's pretty much the same like you play without the best squad.
Will xavi take the risk by giving yamal chance to play in the match against napoli? im doubting it.  Xavi has no choice other than try to put some young players to be the last choice owned by the club.
If napoli will play defensively and it will be the end for barcelona. Barcelona was always struggling against a team that was doing parking bus. Tic tac strategy was not suitable to play against that strategy.

Xavi is thinking so hard about how to improve the club with limited resources available in the club. Barcelona may also out from UCL after this round.
728  Economy / Trading Discussion / Re: How much human supervision do you believe AI needs for crypto trading? on: December 27, 2023, 01:02:20 AM
An artificial intelligence is not something someone can depend on in terms of trading, so it's good for traders to trade without using an artificial intelligence because normal trading will make you to have comfort more than artificial intelligence, secondly, an artificial intelligence is a programmed machine that can disappoint at any point in time, so therefore I believe that people who using AI will not make larger profit in trading like someone using manual kind of trading.
i think AI should only be supervised at early time where there is not necessarily enough data for AI to act on its own but later on it can go full automatic with all the data and parameter supplied with AI.
the thing is that currently AI is so heavily untested for trading we don't know in a year how much profit or loss the AI gonna have also along the way we can add more and more data to the AI so that it gets smarter.
the only hurdle with AI nowaday is the non deterministic result of the outcome we can be giving the same input and sometime its not gonna give the same expected output but the important thing with trading is that the AI can understand the pattern and acts upon it based on past data, its basically just the same as how human operate i believe eventually we will see AI capable of trading im sure many are still in development till these days.
for any that don't believe AI to be capable of trading on its own, you'll be surprised because it can eventually, same thing like how people underestimate ai capability to draw and create song.
729  Alternate cryptocurrencies / Altcoin Discussion / Re: Where TO Find Quality Air Drops on: December 27, 2023, 12:40:47 AM
Can I know where I can find quality airdrops? I started doing airdrops but No idea whether they are scams or not. And also I have a question regarding tweeter tasks of the airdrops, they say to like their twitter page and retweet. but There are two options when it comes to retweet, "Repost" and ''Quote"
what should I do? retweet or quote? please answer
Usually, many telegram groups provide various airdrops. And indeed there are lots of norms on Twitter too. So you just have to follow them with the many airdrops they give.
agreed but using twitter would also shows us some good new projects, for example i know blast staking that right now have humongous TVL from twitter alone, i guess the huge TVL could only means that they gonna be successful in their airdrop in the future, there are many ways to find some airdrop even the retroactive ones but expect nowadays the good airdrop to be requiring some serious amount of tasks even go as far as making you spend money for paying tx fee for interacting with smart contract.
because most of airdrops if not requiring retroactive will get farmed by some people and therefore the airdrop reward becoming slimmer.
I think most of the devs right now either requiring us to stake some amount of ethereum or just simply interact with smart contract thats the prequisite of following airdrop these days because the devs too want the benefit from the participant to make their blockchain lively and also for a way for marketing.
730  Alternate cryptocurrencies / Altcoin Discussion / Re: MATIC or DOT? on: December 27, 2023, 12:32:46 AM
Hello,
Is MATIC better or DOT? Which one has better potential?

Thank you.

I have been using both, DOT and MATIC since 2020 and my comments/observations are as follows:

Matic is basically a lyer2 chain on Ethereum Block chain aimed to improving scalability and provide framework for connecting Ethereum compatible blockchains.DOT on the other hand operates a multi-chin network, enabling various block chains to connect and share information.

From my perspective, Matic has been notably successful in attracting investment for numerous protocols, primarily due to its lower transactions fees. Whereas, Polkadot seems to be facing challenges in marketing its coin to big inventors and achieving wide-spread popularity for the DOT network.
arguably based on the fact that there are so many token and inscription happening in matic that the rate of deployment significantly surpass its competition and might also surpass ethereum and the fee keep staying on its place not increasing is already such a feat for matic.
I think many people overlook this fact, matic has been one of the most successful blockchain that have good capability when it comes to scalability and its not some random blockchain out there can achieve, also the fact that it has been tested with so many transaction occurring and the fee is still low is good enough right now matic is already reaching $1 due to the bullish market trend.
though the total supply is what keeping me away from investing in it.
731  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: December 26, 2023, 04:16:10 PM
Premier league financial situation is not an easy one at all to manage. First of all, the whole world knows that they are making a ton of money, so they ask more money from them, like lets say you are a team that is midtable at serie A and you have a player, you ask 70 million euro from United, whereas you ask for 30 million at most from Juventus, why? Because you know United or City can pay that, premier league is a rich league. This looks like a good thing for premier league teams, they do have a lot of money, and a big budget but the reality is that if you make a mistake then how can you recover? I mean making 80-90 million euro worth mistakes are not easy to get rid of, and that's what causes them to get worse and worse over time.
It can be observed that the primary source of funding for EPL teams is the personal budget of their respective owners. It is not realistic to expect that the money will always come solely from the income raised by the club. With the EPL boasting the highest level of traffic, does it surprise you to observe the significant financial investments that the EPL receives in contrast to other leagues? this is not even sometring wrong. There are plenty of reason to explain. People are seeing that EPL as the most popular league in the world and it's something common to see that EPL got very big amounts of money.

Furthermore, the English Premier League (EPL) has received substantial sums of money from the personal funds of club owners. People are always concerning how big received or spent by the league without remember that if there was no owner who backed the club.
732  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: December 26, 2023, 02:26:56 PM
I wish Galatasaray good luck in the Europa League from now on. Because I was really watching them excitedly in the Champions League. Especially their matches against Manchester United and Bayern Munich were really impressive. But they couldn't defeat Copenhagen last and dropped to the Europa League. But I still think it is fine.

This is a competition in which they have more chance to achieve a bigger success. They just missed the chance of making a lot more money in the Champions League though but at least they can fight for having a solid achievement here. Sparta Prague shouldn't be a big problem for Galatasaray.  Smiley
You're telling me Bayern Munich and Copenhagen made it to the next phase while Galatasaray push to Europa and Manchester United return back to Old Trafford with nothing to boost about. After all the energy and exciting victory chants from the supporters, they actually ended up in Europa League and failed to qualify for the next phase of the UCL. Galatasaray was dissapointed, after playing top football against their opponents and they hoped for a secure spot in the round of 16, unknowingly to them they can't stand a possible chance of surviving in UCL this season.
Failing in the next round of the UCL was very disappointing but at least Galatasaray tried their best to achieve it and in the end Galatasaray had to end up in the UEL play off round. In my opinion, competing in the UEL is not a bad thing for Galatasaray when compared to Man Utd who couldn't qualify either of them.
Im doubting galatasaray to do better in the europa league. In fact, we have some strong clubs down to the europa league combined with the strongest candidate to win the competition like liverpool and leverkusen.
Im not expecting a lot from galatasaray in the UCL this season. It's caused by galatasaray is not as good as liverpool or levekusen. Im sure this season is going to be owned by liverpool or leverkusen soon.

In this first leg, Galatasaray will face Slavia Praha, which is certain if you look at their respective domestic leagues, both of them are in good condition, whereas this match seems a little difficult to predicts knowing that the two have never met.
Praha is quite strong and it was even strong compared to the as roma. galatasaray may be out from the league if it will be making a blunder. I have seen that how praha has been dominating as roma.
There was a significant improvement that is still happening with it. The chance owned by galatasaray to win the match is not that big for now.
Praha is underrated team for me. It's caused by roma has told me a lot about slavia praha.
733  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: December 26, 2023, 02:22:54 PM
Chelsea's 19th defeat against Wolves. They lost 2-1. There were several opportunities that should have been goals but their finishing was poor. This time many blamed Sterling. If he can score a goal or is not selfish, maybe Chelsea will get 1 point. Sterling might be able to provide feedback to Nicolas Jackson or Cole Palmer on the right. 99% should have been a goal if it was sterling. But I think it's natural that every player has the instinct to score goals. There is also a risk of offside because Sterling is seen behind Jackson and Palmer.

The important thing that i don't really understand it that why pochettino is always playing his players out of their actual positions. Look at how sterling sometimes played as LW then he was changing his position to the RW. Sterling was performing best once he played as LW. Putting players out of their actual positions was obviously impacting the performance from the club as well. Does pochettino ever think about this? It seems he doesn't even care anymore to put the players on their actual positions.

There is also another stupid thing from pochettino like he has always given chance for the horrible players to play like ugochukwu. I know that pochettino was missing enzo but ugo was not the right solution for the mid.
Gallagher was also very often in doing foul against its opponents. I can't even put respect anymore toward pochettino as this guy was always doing blunder for his club.

It's so obvious that if pochettino is the main problem right now.
734  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will USTC hit 1$ again and be a stable coin ? on: December 26, 2023, 12:43:05 AM
Being an stable coin ? we cannot call this a Pump when it only grows up to 0.06 dollars
when the real must value is whole dollar in which we are now sure that it is just  work of teams that
pushing all connection to Terra Luna to have a growth so they can cover all their losses when the
scam happens lol.
right? its just measly pump and people already crazy over it saying they missed the pump that could be life turning its just some measly 0.06 dollar its not even near $1 at all.
this coin is actually done for from long ago no need to have expectation from this coin because we all know this shit coin is dying like any other shitcoin out there.
those that still trade with this coin are just the speculator that probably lost huge amount of money trying to cope with trading this coin for the sake of making up their losses but we all know that this coin will never
come back to its former state where it was flourishing and the market capitalization was massive now its only remnant of past glory and few people that can't move on.
just trade the better coin out there, ordi and solana is a prime example, had people that lost money focused more on other coin like solana investing with their remaining money they might make up their losses.
735  Economy / Economics / Re: No petrol/diesel car sales by 2035/ Reality or dream? on: December 26, 2023, 12:16:10 AM
Yes the costs of running an electric car are lower, how about the cost of acquiring an electric car? Grin Anyways, I think that the mission of no diesel cars by 2035 is a dream. Not just any dream but a dream that should be woken up from. 2035 is just like a decade from now and 100% electric cars? The time frame is too short for that. Time really flies and 11 years isn’t as far as it seems. Maybe the percentage of fuel powered cars diesel powered cars can cut down to 50% but 100% electric cars by 2035 (even 2040) is nothing but a wish.
the government kept on giving incentives for those that buys an electric car it seemed the youngsters like the gen Z are usually favour electric cars because they consider it to be futuristic and techy, the cost of electric car is indeed higher right now and that is a fair argument even worst, changing battery also gonna cost really high but technology advance, the electric car technology aren't just fixated on one thing. maybe in the future we might encounter newer battery technology that could make charging faster and also could contain more electric power we don't know, right now some countries even already changing their public commute like buses using electric bus that don't require fuel, just charge overnight and its ready for commuting in the next days.
I think the vision of 2045 100% electric cars might be unrealistic but 2045 with 90% electric cars might be realistic, after all diesel car known to be so polluting that many country already starting to ban it.
im all in for the betterment of the worlds eliminating prominent source of pollution.
736  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Solana - Is it still good to buy or it's FOMO on: December 26, 2023, 12:01:31 AM
solana price has risen very high from its lowest price, and it is probably not the right time to buy because the increase is no longer significant to make a big profit.
if you want to buy it's better to wait for the price to decline first or correct the price first because next year the halving price of almost all coins will definitely go up again.
I have already decided not to buy it and every time that I see it pump more, I am not regretting my decision not to buy it. Even if it gets higher and higher, I'll just be happy with those people that have bought it at the bottom of it and managed to hold it until now.
$120 was seen for it this day and it looks unstoppable, if you ever hold Solana at the start of this year at $9-$12, your each SOL already has a profit made like $100+. That's a lot of gains already and how much more to those that have been holding hundreds to thousands of it. Very fortunate guys.
definitely too late for getting in anyway so there's no regret, but interacting with the smart contracts inside solana still prove to be quite the bountiful rewards to be honest there are so many coins in solana getting airdropped these days that I think they are really good for those that probably missed the solana rally and tries to compensate with finding other way to profit, recently jito was a thing now its jupiter thats gonna be giving out rewards.
moreover we can be very well investing in other altcoin that serves same purpose as solana anyway, recently matic is increasing, injective is increasing as well as some other altcoin out there like immutableX it is also having some good rally, even SEI.
no need to be so fixated on solana there are plenty coin out there that are just as good to be honest.
but the potential might not be as big as solana since solana is the most popular coin nowadays everyone trying to get that share of rally.
737  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: December 25, 2023, 04:33:48 PM
Monaco is going to face reims which is a bad thing for monaco. Im not doubting monaco to win the game but since reims is still performing so well and i think that the chance to steal 1 point from monaco will be there. Monaco must have won the game or the game is going to be even bigger.
Im being very skeptical to the monaco at this moment. PSG is going to face an a hard team which is giving no guarantee for the bettors to get easy money. Lens is considerably strong as a french league and this club potentially make PSG to lose some points.

The fact that Monaco and PSG are going up against formidable teams in the French league is causing detrimental effects on the clubs as they will be subjected to immense pressure. I meant that if PSG is still in the good shape right now and the chance to beat lens is very big.
Multibet bettors are going to face hure risk to get their bet collapse. If you want to increase your chances, taking the double chance is the only best approach for this match. It's caused by this will be also helping the bettors to get more chance to win the game.
738  Economy / Trading Discussion / Re: You lose more when you over trade on: December 25, 2023, 12:53:53 AM
Aside the fact that in order to enhanced trading performance, one should trade more to gain trading experiences. But overtrading is already another story. No one can benefit from overtrading, because not all the time that the market is beneficial to trade. There are times that the market is hard to deal with due to its uncertainty, but there are times too that the market is very pleasing to trade.

If you are a good trader, you know how to trade and when to trade, and overtrading is just never a good option.
thats right sometime some people that overtrades are those that trying to make up for their losses in previous trade thinking that they somehow might score big this time around because they already incurred lose before.
I dont agree with such trade out of getting tilted honestly, such thign are always the one that cause people to lose big in trades.
i've had my share of trading and when thing are going unexpected i'd just try to be calm and take the best decision there is, cut lose if necessary if the market showing to be grim all time around and just wait it out if the market is still looking good anyway but i would never just trade to make up for my lose because thats one step closer to bankruptcy.
cool headed decision making in trading is the biggest factor that could determine whether we can be trading and be profitable or we just gonna outright lose our money in the future.
739  Economy / Economics / Re: Setting up financial structures before going into the family way on: December 25, 2023, 12:31:39 AM
its truly important to be set up financially before even having marriage because financial is the bane of the existence of the family without it divorcement occurred quite frequently.
after all, before when you were a single person you don't have to worry about fulfilling basic needs you can live frugally and have that kind of irresponsible spending for your earning but when you have family you have to take up the responsibility of also taking care your spouse, even your descendant, therefore money spending become the reason that keeps your family together otherwise it will crack and it will be a problematic thing you need to face.
always know that starting out family is not some measly thing, its not a thing that can be underestimated, so many people kept saying that they will figure it out as the time goes when they get married, but alas there are too many cases in the court in regard of divorcement. such thing also probably starts out from the fact that they try to figure out how to earn enough for family and they failed miserably because earning money is definitely tough thing.
740  Economy / Economics / Re: Learn to use DEBT in a proper way to create asset on: December 25, 2023, 12:09:59 AM
Robert K always talked about this, being able to utilize debt and the depreciation for tax benefits, I love how much of an advocate he is to BTC, also a huge gold and silver and of course real estate tycoon. I definitely need to brush up on utilizing these tax incentives better
its literally his branding to create asset from debt,all his books always talks about this thing and I couldn guess he made quite the fortune from the book as well therefore no question about it.
but its just might not suited for everyone, the fact that we are creating asset using debt, might put a lot pressure towards our mental health when thing goes wrong like pandemic occurring for example.
not to mention the fact that there are not many ways to get that much of a meaningful money from loan if we don't have assets in the first place, definitely not suited for people starting out.

There are many misconceptions about debt, but that's because our thinking and mindset isn't quite right.
Indeed, in this case I quite agree when saying debt can eventually turn into profits as Saylor did with the principle of bitcoin maximalism which is done by borrowing money from the bank and converting it to bitcoin but on the other hand things like that are not a guarantee for us who do not have a large guarantee.
In the end, we must know that the majority of people in low economic strata only use debt to support themselves so that they can continue to live, which of course makes it difficult for them, therefore sometimes for those in poverty strata it is not advisable to borrow because it will greatly endanger themselves.
thats true, the thing is, most poor people just getting debt to support the lack of money to fulfil basic needs let alone creating asset, if they can't eat today, then they are done for, its quite different for middle class to upper class yes, because the people in the lower class don't really have something to fall on when they are failing, once they are entagled in debt, well its the end for them homeless is their next stage of poverty.
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