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981  Economy / Economics / Re: How do you work toward hodling bitcoin? on: November 14, 2023, 01:11:16 AM
my effort in holding bitcoin as an investment is by accumulating my profits through my trades in altcoin trading and also investment in altcoin which I eventually convert back to bitcoin, so basically hitting two birds with one stone in my opinion, its always good to see when the market becoming better like this, I got doubled the profit such a scene is what make me accumulate bitcoin more and more.

Personally i don't invest my whole salary to bitcoin, its just some portion of it and the other portion also for altcoin but we all know that whenever bullish come its always bitcoin that rise first.
though I also have thinking of creating my business for the sake of increasing my investment, honestly you could just accept fiat and just invest in bitcoin for the sake of simplicity, so you will still get benefit while also not going through some complicated process.
982  Economy / Economics / Re: What is the right age for financial stability? on: November 14, 2023, 12:54:30 AM
Your words are certainly logical. Time will also shrink for those who put off the tendency of their saving like this sooner or later. It may be that they are old but they don't have money. They don't have enough savings to get at that time. Moreover, there may be some who have started their savings before the last few days of their life but it is very little for their needs. The right age to start saving is when you start earning. But referring to the specific age, if a person tries to save from the age of 25 then he can build a good savings within his long career with which he can lead his transition into old age. We must all develop a saving attitude.
but arguably, investing in ourselves basically to get a higher income might work out well than saving, after all, saving requires a long time but with the increase of income it will shorten the time required for being financially stable by significant amount.
moreover the fact that with higher source of income you will have the flexibility of using your money without worrying too much on its own is already such a massive advantage.
I just personally think in my opinion that saving will not do much, its essentially just keeping portion of your money and use it for later days, but if the salary is stagnating, you will always have projected savings that you will have by the time you're old and if its not that much, then it feels like wasting time.
983  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: November 13, 2023, 04:51:30 PM
Recently we saw much news about Xabi Alonso moving to Real Madrid because of the good performance he had in the Bundesliga.
The performance of this young coach was really surprising and he totally changed everything in his team also Ancelotti is close to ending his contract with Real Madrid
But if Xabi Alonso wants to join Real Madrid, they have to pay between 15 to 18 million euros for him.

I do support this decision. Real madrid needs to find ancellotti's successor after ancellotti has agreed to join in the brazil national team. Xabi is the best once who can be lined up along with zidane which was giving back to back UCL champion three times in a row.
15 - 18 millions are easy for madrid. The only problem is whether xabi will agree with such offer as he is still having long term contract in leverkusen. Madrid needs to pay a lot to the leverkusen to get him.

That price was nothing compared with a coach with full experiences in the football. We must try to remember xabi has played under several world class coaches during his career.
He is a hidden gem.
984  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: November 13, 2023, 04:44:56 PM
Xabi Alonso's Bayer Leverkusen is still leading the table. They've actually made the best start ever to a Bundesliga season at this point. Xabi Alonso and Bayer Leverkusen are having an amazing season.
They haven't lost a game in any competition so far this season. However, they need to carefully analyze their upcoming matches and address any issues in their squad. I hope they can keep up the competition against Bayern Munich this season, unless they end up losing the trophy to Bayern Munich.
This guy is actually underrated coach at this moment. Leverkusen has become his first professional club as a coach in the european league but he was able to bringing leverkusen at the top. It keeps get full points no matter what opponents that will be faced by the club. It seems like that xabi is feeling so confidence to stay in the leverkusen yet he has been linked to the several clubs but i have not yet gotten any update regarding this rumor.
It may be yes maybe no.

Xabi will become one of best coach in the future. I have seen that some clubs were aware and they are keen to recruiting him as a new coach but this is not yet confirmed but i hope he will able to go to the EPL or la liga.
I would prefer xabi to go to the EPL caused by he will be facing pep as his rival. The competition will be very interesting to have xabi in EPL.
Newcastle shall have signed him as a new coach.
985  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: November 13, 2023, 04:28:32 PM
I just finished reading this on Fabrizio Romano's twitter and indeed Osimhen has again expressed his interest in playing for one of the English league clubs in the future. Two clubs that are quite interesting to Osimhen are Chelsea and Manchester United, these are big English league clubs and we all know they all have a very great history. Surely any player would be very excited if they could have a career at one of these clubs.

With the current conditions of course I would prefer Osimhen to go to Chelsea because this team is trying to improve after the previous season they reached a dead end and even though currently Chelsea's performance has not improved drastically but with coach Pochettino who has experience coaching big teams this should be the case. could be the right path for Osimhen. If we compare it with Manchester United, of course it is not much different from Chelsea, but Manchester United is worse because since Sir Alex Ferguson left him, who retired in 2013, this team has not really recovered and is still having difficulty maintaining its performance in each season. Moreover, changing coaches repeatedly did not have a full impact on the team's performance. So yes, if Osimhen wants to have a better career in the English league, he should go to Chelsea.
Both Chelsea and Man United are big teams, but both of them are not at their best at the moment. So I think if Victor Osimhen prefers to move to Chelsea, it's still not a more promising option than a move to Man United because if we look at the position of the two teams, Man United is still better than Chelsea. Apart from that, Man United also still has progress on the European stage. If only they fail in the Champions League, Man United still has a chance in the Europa League. It's not the most prestigious league but it's still better than Chelsea, which doesn't compete on the European stage.

I can't agree with this. Chelsea was able performing at their best once the club was facing the strong club. The exact problem with this club is unclear to me, however, it is widely acknowledged that Chelsea has struggled with inconsistency when facing weaker opponents who employ a defensive tactic called the low block.
It seems like that if chelsea is always able playing as good as clubs at the top position as long as it was not using low block. The different thing when chelsea was facing even a garbage club that used low block.
The team became clueless as there was no player who can attacking through breaking the barricade being made by its opponent. The main problem of chelsea is low block. This strategy is always able beating pochettino's strategy.

Manchester united is always playing so weak when it was getting a strong opponent. Manchester united was able getting good result against small club but not for big club.
These clubs are so strange.
986  Economy / Trading Discussion / Re: Im short trader Im new here but been long time in trading on: November 13, 2023, 12:12:53 AM
I have developed my best way to know wich coin will be best short.

I checked on binance and i did find that DOGE coin will fall sooner then others.
How do i know that ? By my new trading formule. When coin price is higher then overbought level. Then i measure the exacly how much is higher and then i see i was going all over binance now and i see the doge are overbought and the price of doge are also higher then level above overbought.
Off course i have long experince on trading and a lot sleepless nights and mistakes and a lot losses until i discovered the best method.
My time and efforts are not for Free so i have my own private team who follow me to make money with my short signals and honestly all trades are in profit maybe 1 loss out of 10 trades and we do only short trades by using my new indicator " when price is higher then overbought level " i have special ways to measure this.

With this secret formule i can find best short positions.


That's an interesting strategy to short crypto currencies. For me it's been a while since I bought any short positions. In the last two years I kept only buying long positions to grow my crypto portfolio. For how many years have you focused on short selling and how much profit did you make with your strategy? I find that the risk is too high in most cases for short selling, because you need to react so quickly to any new positive news and will suffer by any quick price jumps. Would the opposite of your strategy work for long positions too? Instead of looking for overbought we would try and find underbought coins when there is high demand in other crypto currencies. If there is profit to be made by mean reversion than we should focus on both sides, the long and short positions.
it definitely works both way, i think its more of a common sense than a trading strategy honestly when overbought short when underbought short, because if you do otherwise then that means you're getting fomo'd
I personally have been doing this for a long time, always long when a coin has reached so much increase, but its never that effective, after all sometime some external factors might have a big role here.
like imagine you've tried to short some overbought coin maybe ethereum then suddenly news of ethereum ETF appearing its effectively render the strategy useless. thats why its not some foolproof strategy but instead we should also be watchful about whats gonna be going in the market and always watching out for some news about the coin that we open some positions in.
987  Economy / Trading Discussion / Re: Trading can ruin you on: November 12, 2023, 11:57:08 PM
I think the most fundamental reason a trader fails is the lack of knowledge and experience about trading practices and the market. They don't know how trading is done, they don't have any knowledge about trading strategies, indicators, or anything else that might be important for a trader to know before they get financially involved, and even if someone has done some research and gained some knowledge, they haven't practiced what they've learned.

So, a trader must first gain knowledge, enough knowledge so that they don't get confused at any point in their journey, and once they do that, they should practice that knowledge using demo accounts applying all the indicators and strategies that they want to use in their trading when they start with real money.
Most people who experience failure in trading do not have good knowledge of the trading they do and they do it not with the skills and knowledge they have and they do it based on how they feel when they see people who have been successful in trading. There's nothing wrong with using a demo account to try with the knowledge we already have, but trading with the capital we have will certainly not be the same as using a demo account. It's important for those of us who want to trade to have good knowledge in the field of trading we do.
demo account exists to serve purpose that is to give experience for the newbies, I think it does make sense to use demo account though the emotions that gonna comes out of ourselves isn't gonna be as intense as real trading because we are betting nothing therefore we can be cold headed, but its indeed good way to know the hang of the market and grasp whats truly going on.
but afterwards someone shouldn't just jump into the real market with betting all the capital they have, try with some small capital first and then we'll see.
because after all emotions does affect a lot in making decision.
the only implication is if the exchange giving off some faked data giving favour towards the trader that trying out demo account, i'm sure most of popular exchange didn't do that but maybe some shady ones does.
988  Economy / Trading Discussion / Re: My experience as a beginner trader on: November 12, 2023, 11:38:32 PM
It means that the best teacher for us to learn from is the one we turn to every time we make a mistake. Because it teaches us and also makes us realize that what we did should not be done or repeated. Rather, it helps us bring out our true potential.

So, the saying that experience is the best teacher is true. So even from Op's experience, we also have a lesson to be learned in reality. as long as the important thing is to never stop learning and instead continue to learn.
except learning from experience in trading journey would cost you hefty amount of money, you know not everything need to be learned from first hand experience, you could be learning the guide to trades and its quirks and save some bucks for your future trading journey and it will make no difference compared to learning from first hand experience because you know what is the mistake and what is the outcome.
I've indeed seen many people that have learned not to get scammed by getting scammed first, also not getting greedy by getting greedy first especially in trading career but i've also know that many of them don't come back into trading because they just already drained their capital just for the sake of getting that experience and learning from it, is it worth it? I don't think so.
had they learned trading and its quriks they would've not lost all that money just for simple mistake.
989  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 12, 2023, 06:15:28 PM
I can't believe my eyes that Chelsea Draw Arsenal, won Tottenham, and at this point holding Manchester City on an entertaining first-half draw, what a great performance against the big-name teams this season, and not only that their performance in this game against Manchester has been incredible, especially with the number of saves from Chelsea's keeper, What a super save from that close range strike from Erling Haaland.

From my observation of this game and looking at how both teams are scoring each other goals and the other equalizing almost a few minutes later, likely the game may end draw.
To be honest if this match is attractive more than chelsea vs totenham. This match is so crazy. My heart gets pumped. So many attacks between chelsea and city. This match is so crazy.
I would like to call this as a quality match even though city being placed at the bottom but this is so crazy. I never expect chelsea to play as good as manchester city. I can't imagine if this was another club like MU.

Chelsea's game play has been improving so significant. I cna't even describe how crazy this game is. The supporters are also feeling it now. Chelsea and city are trying to go all in. I think that all of people who are watching this match are also feeling the same like me. This match is so crazy as fuck. This is so damn good.

Glad i have time to watch this.
990  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: November 12, 2023, 06:00:24 PM
I've seen similar news in the media that Erling Haaland's agent traveled to Madrid recently which has raised further rumours that the Norwegian is potentially gonna become a Real Madrid player anytime soon but I'm of the opinion that Manchester City wouldn't want to see their star man leave the club at the end of the season.
There's more possiblity of seeing Kylian Mbappe join the Spanish giants next summer than to see Haaland leave the Etihad stadium club. Wether Erling Haaland's agent traveled to Madrid or not, Haaland I believe will spend more years of his football career at Manchester City
What about both Haaland and Mbappe are joining Real Madrid? if we can't see Messi and Ronaldo play together in a same club, at least Haaland and Mbappe playing in a same club could be used to represent Messi and Ronaldo.
That scenario is possible to happen. The main reason is mbappe can join in real madrid for free. Real madrid needs to spend some money to buy haaland. I think that madrid will also try to consider this scenario. Real madrid will always give us surprise.
Perez is always working behind the scene without even making a lot of noise. I think that many people are too fast in taking conclusion regarding the rumor. This is only a rumor and nothing confirmed by both of parties.
It will be so good to have vini, mbappe and haaland play together. Another los galacticos reborn.

But since I believe there's always a politic in every popular thing, they will try to make both Mbappe and Haaland is a rival to each other.
Anything can happen. Haaland can play in madrid since his clause has already activated but mbappe will be leaving from PSG for free. Madrid's movement is very hard to predict now. that will be the same like bellingham's case.
There are also many players are targeting mbappe at this moment too.
991  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: November 12, 2023, 05:16:11 PM
The games against Ajax were a big opportunity for Brighton to make up for their bad results in the group before. However I still can't be sure of them when it comes to being assertive for the Europa League title. They were considered as one of the top title contenders by bookmakers before the tournament started.

But now we see that they are quite an unbalanced team. Maybe they will be likely to move on to next round but it is very difficult for them to be more successful with this inconsistency. They are even worse in the Premier League recently as they couldn't win a game for a long time.

Brighton is slowly but surely playing better than before. You can see how brighton was climbing up so fast after it was getting two wins in a row. Brighton needs to get another win to lock a spot to the top 16.
It won't be so hard for brighton. Zerbi has been successfully fixing the problem in the brighton. Brighton has three points gap to the AEK.
As long as brighton will take full points in the upcoming game and i think that's enough to secure brighton's position at the top 16. The upcoming match is very hard to predict. brighton is still showing inconsistent performance.

The key owned by brighton to lock its spot to go to the next stage is quite big. I think that brighton will be doing it pretty well soon.
Zerbi is not willing to miss opportunity.
992  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 12, 2023, 04:43:22 PM
The match between city and chelsea is just starting now. Two clubs are playing offensive against each other and the game looks very attractive to be watched. I do like to watch this kind of game. Any clubs are pushing themselves to perform better.
Chelsea needs to keep its rythm to push chelsea. The match of chelsea becomes very interesting match to watch. It seems there have been some improvements happened. Jackson has been playing as staring line up.
It seems like that city is also trying to keep the game to have slow rythm. Chelsea needs to be aware with doku. Walker is always unbelievable with his speed.
Chelsea needs to put more efforts to win against manchester city. The game is very interesting to watch. I hope that pochettino's squad will not make another blunder that will cost club a lot.
This game is as good as the game between chelsea vs totenham. Chelsea plays even better. It seems like that the club needs time to cook.
993  Alternate cryptocurrencies / Altcoin Discussion / Re: What's your favourite Alt-Coin, and why? on: November 12, 2023, 12:36:19 AM
Or, why not, Dogecoin, the funny coin?

Pick your favourite and reply here why you love it!
I have voted, Ethereum is the best for me.
why not Doge or meme coin?
For me, I'm not a high risk taker, so ignore memecoin
there are rumour that Ethereum ETF is on the way, it will be good news if that truly happens for anyone that heaviy bag holding ethereum because it'd mean instant increase in value.
not to mention the fact that ethereum has been eager breaking through its resistance, i'm sure ethereum will reach $3k in no time, after all the ATH is far beyond that point.
this is the thing that many favour with coin like ethereum aside from the fact that liquidity is abundant, also the market capitalization is huge, its also being accepted everywhere even ETF creating opportunities for holders to get profit from holding it.
aside from ethereum I guess is also the same smart contract based blockchain like matic that i'd favor, the fundamental doesn't lie its just as good as ethereum but lower market cap and also lower price.
994  Alternate cryptocurrencies / Altcoin Discussion / Re: Buy on growth on: November 12, 2023, 12:24:38 AM
Hi all. How to buy more when growing? Today we are growing, but I don’t want to buy. Share your experience in this matter.

Definitely do not need to buy coins, the value of which has already increased significantly. You need to remember that where newcomers like you are thinking about buying, experienced investors are thinking about selling an asset. And if you missed the moment when it was necessary to buy, then you need to wait for the market correction and then make purchases at a reduced price.
thats right, even though we might be missing out on some opportunity, but buying when the token or coin is already too high simply giving us bad position, the slightest dump would incur us losses.
even though seeing the market all green, and i have missed opportunity to make entry, i don't dare to make investment because some coin that i initially eager to invest was already in high position and i'm sure that there'll be correction and I will just invest when the correction is coming, can't risk investing in a coin that have already gained more than 100% otherwise when it dumps, other people are just losing their profit, i'd be losing my money.
I guess thats just how investment works, often time we should go against our own psychology and its indeed hard, but if we just doing investment in impulse, we will definitely the one that gonna comes out broke.
995  Alternate cryptocurrencies / Altcoin Discussion / Re: Gamefi alts; bull inbound? on: November 12, 2023, 12:13:08 AM
Lately, there has been a surge of GameFi tokens gaining popularity in the cryptocurrency market. Does this signify the return of a bullish trend?

Do they still look like they are recovering from here?
we all know these gamefi eventually gonna tanks, the economic model isn't sustaining, its just getting valued high when its still hype then after that it will tanks really low, the thing with gamefi, the token minted from playing game is too many where demand is getting lower and lower as the time goes, can't expect it to be sustaining for long term with such economic model, I think the devs also know it too well, thats why majority of the gamefi project have unfinished game, always in the phase of beta or something like that, overall the devs know not to get too invested into these coins otherwise they'd just outright wasting money.
unfinished game is something they purposely keep so that they can create some event to celebrate changing of developing phase, thats just overall how game fi is in my opinion, other might have differing judgement towards gamefi but i'm sure its just a cash grab.
996  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: November 11, 2023, 05:02:49 PM
Saturday 11th November
Lecce 14:00 AC Milan
Juventus 17:00 Cagliari
Monza 19:45 Torino

Juventus managed to emerge victorious in their match against Fiorentina. Juventus are unbeaten in their last six matches, winning five of them, and have not conceded a goal in this six game run. Cagliari, on the other hand, have picked up seven points in their last three league games after beating Genoa and are concentrating on the league. Ranieri's team has made a serious turnaround. Juventus will be without midfield stalwart Rabiot due to a card suspension, but Juventus will have a solid defense against Cagliari. Cagliari may surprise their opponents in the first half, but I think Juventus will take control in the second half. I'll go for a home win in the second half.



Cagliari was consistently winning in the previous games but i think this is going to be another lose for cagliari. Im not saying that club was bad but in fact that if cagliari may also be losing against juventus. In term quality of players if juventus is far better than cagliari in everything.
Cagliari may be able going back to the relegation zone again. I don't even think cagliari will able to give surprise for juventus. The gap is too big between both of clubs. Im sure juventus will be dominating the game since the first half.
No reason for old lady to lose the ball possessions against cagliari which is one of bad club in ser eia. Juventus may be winning with good scores like 2-0 or 3-0. Im taking the strength owned by the club to determine the score.
People can't mind it since it was my personal prediction but the thing that i do believe if juventus will be winning the match.
997  Economy / Gambling discussion / Re: Saudi Professional League 2023/2024 on: November 11, 2023, 04:47:51 PM
The match has ended in favor of Al Hilal. The final score of the match was 2–0. It was actually a very dominant performance from Al Hilal, to be honest in this match. They did not give too many chances to their opponent. Al Hilal had at most control over the match. Al Hilal was also controlling the ball for the majority of the match. It really did not look like it was a match between two top teams of the club. It really felt like Al Hilal was at the top of the table and they were facing the team. That is probably mid-table.
Al Hilal is the most consistent top club so far, Al Hilal is still performing optimally and has not received defeat for 13 matches and has only had 2 draws, I think the Saudi pro league has found the winner of the title this season, although it is too early to speculate but Al Hilal looks very tough at the moment.

indeed the season is still long and Al Hilal still has to face 21 more matches but Al Hilal has shown its greatness from the start of the season and if you look at the previous record Al Hilal really deserves the title because of its consistency from season to season there is no doubt and in my opinion if Al Hilal does not have any problems with their players. Al Hilal will continue to appear tough like this when facing the matches they will face.

The beast is just waking up. Al hilal is starting to dominate any competitions with only having mitrovic as a goal machine. No doubt that if al hilal keeps get perfect result against its opponent caused by mitrovic is always scoring. He was very underrated striker as long as he was in a good team.
It's not the first time mitrovic was opening the door for al hilal to won the game. He was consistently doing it since he was coming to the al hilal. Neymar is a big disappointment for all of hilal fans but mitrovic was coming to save the club.

Having neymar will not give a lot of impact to the club. recruiting neymar was one of biggest mistake by al hilal. the club shall wait to recruit a better guy like modric.

All of al hilal fans will be so happy to have modric in the club.
998  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 11, 2023, 02:11:21 PM
Tottenham was only able to score one goal and maintained it until the end of the first half. For Spurs, they must be able to widen the goal difference in this match if they want to continue to be at the top of the standings. Based on the first half, Spurs did not shoot many shots on target, while Wolves launched 9 kicks, 2 of which were on target. In the second half I hope Wolves can equalize by scoring at least 1 goal.

In my opinion, it is only a matter of time before Spurs will be knocked down by Man City. Gradually, last season's champions were still worthy enough to be won again by Pep Guardiola troops.

Although Tottenham do not have good statistics in the away match against Wolves this time, but at least Tottenham can still maximize the chances they have into a goal. With a goal that Tottenham managed in the first half then of course, Tottenham will only maintain that victory until the match is over . Considering also, because many of Tottenham key players are injured and at least, that factor makes Tottenham quality decline at this moment. Also about the competition with Manchester City in the title race, that Tottenham have been overtaken but indeed, because in this match against Wolves in fact Tottenham are still leading with a score of 1-0, then of course makes Tottenham back at the top of the standings. Meanwhile, Manchester City still haven't played for this week matchday which will play againts Chelsea later.

Vicario shall become man of the match. Although the second half is not over yet, it is remarkable to witness the outstanding performance of this individual who continues to excel at this moment. He was vblocking so many chances by wolves to scoring against totenham.
The only way Tottenham can effectively compete against Wolves is by employing a direct counter attack tactic. I think that totenham will be winning with small margin against wolves. Wolves was showing consistent performance during the game but it lacks of proper finishing.
The wolves attackers are not always able to conver the golden chance into the goal. Wolves are finding it challenging to score against Tottenham due to Vicario's impressive performance, which has emerged as the primary factor.

Wolves needs to make sure its players will be much more calm in making finishing. The players are always panic and losing the ball. No doubt that if wolves are not performing so well.
999  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin (DOGE) Pumps 10% As Elon Musk Links Memecoin To X on: November 11, 2023, 01:39:37 AM
There is nothing to wonder about because it normally happens to Dogecoin once Elon Musk gets into some announcements and mentions Doge, its price rises automatically. It is just like a magnet which is my many people can't leave this project believing that while there is Elon Musk behind, Dogecoin will give them profit.
Well, unlike other meme coins, Doge seems different and with the help of the community, this project remains known in the crypto space.
doge is heavily linked with elon musk activity, whenever there's fuss about elon musk it automatically follow that, thats just how doge coin works and could establish such massive market capitalization because elon always there to shill for it unlike other meme coin, you see pepe, milady, memeland all of them doesn't have as much hypes because elon doesn't shill for them but doge is different.
even there's proposed integration with twitter as a platform you can imagine how promising it is to have shiller that is a billionaire and also own largest social media.
but then again at the end of the day its just meme coin, the risk for investment is simply too high for ordinary people therefore its not advised to invest in it.
1000  Economy / Economics / Re: Being rich = not looking at price tag on: November 11, 2023, 12:14:31 AM
I often read people saying they want to earn enough money so they don't have to look at price tag of product. Imo, even if you are rich you wouldn't want to spend money on things that are not worthy of price being paid.

You wanna look at product and then it's price, if it's worthy of price, you purchase the product.

That's really true, there are very rich people that don't look at the price tag when they are buying things but that doesnt mean they'll pay an overprice item because even if they are not looking at the price tag, they know the price range of what the are paying.

Don't think that if someone that is so rich pays for an item that has an unreseonable price they won't complain after the item is punch on their card. These people reach on that status because they know how to manage their financial aspects effectively, so they won't be wasting money if it's not worth it.
it honestly comes down to personal preference and thoughts process, there are some rich people that spends their money on something branded with overpriced price which definitely screams overly consumtive behaviour but they didn't care because whatever they are buying their income gonna exceeds their spending.
sometime some people just got too much of an income that they are buying something without even looking at the price tag but honestly its definitely wiser if someone could spend less for something useless and instead spend for something better regardless whether they have high income or low income after all, being responsible toward spending is always good.
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