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This thread is created solely such that we can discuss the new Africa Football League!!! Some details you should be aware of. - You can also call it CAF AFRICAN SUPER LEAGUE
- The African Football League comprises of 24 African clubsides, eight teams from three different regions - north, central-west and south-east Africa.
- The highest ranked clubsides in Africa were selected
- Only 8 clubsides willl commence the competition this year as the tournament kicks off in the quarter finals.
- Saudi Arabia is the African Football League major backer or sponsor
- Winners would get a sum up to $4m, the runners-up $3m, the semi-finalists $1.7m and the quarter-finalists $900,000
- The African Football League will be played for 10 months, with relegation and promotion taking place too
- You can watch the African Football League on AFL WEBSITE OR AFL YOUTUBE CHANNEL
Meet the teams Simba SC (Tanzania) Al Ahly (Egypt) TP Mazembe (DR Congo) Esperance (Tunisia) Petro Atletico (Angola) Mamelodi Sundowns (South Africa) Enyimba (Nigeria) Wydad Casablanca (Morocco) Quarter finals first leg fixtures Games will be played from 20-10-2023 to 25-10-2023 Simba SC (Tanzania) vs Al Ahly (Egypt) TP Mazembe (DR Congo) vs Esperance (Tunisia) Petro Atletico (Angola) vs Mamelodi Sundowns (South Africa) Enyimba (Nigeria) vs Wydad Casablanca (Morocco) What do you make of the 2023 AFRICAN SUPER LEAGUE? Whats team are you supporting ? News Source: BBC and Goal sports platform.
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To everyone in crypto currency, the bear market is one market where fuds and panic triumph and reign which greatly affects the prices of crypto currency tokens, and yes some projects do not recover from the bear burdens.
But do you know that the bear market is a blessing in disguise for every investors that is prepared and has been waiting for the dump ? So many tokens are going to touch lower lows, and if you are prepared, you can key into this tokens and more than double your money when the bull run is here. The dump is your friend, and is a blessing if you are always ready and prepared for it.
Make sure to look into quality tokens and projects, and ofcourse dyor
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The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.
And once again, if you are to scared to loose money; then don't trade, it is not for you
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I have no intention of riling up anyone, but as a learning trader it is good that we discuss facts with one another. The first truth is that there is no spare money anywhere in the world; every money are valuable. To improve your trading psychology, you must practice your trade strategies on a live trade; even if you start out with 10$; you need to feel the heat, be under pressure.
Trading is for individuals who can afford to lose money, so if you cannot afford to loose money; please do not trade. In trading we are here to multiply money and not create it; live trading helps you compound losses or multiply money; while demo trading creates money for you.
No risk, no reward; start practicing your trading strategy on a live trade; even if it is 1$; feel the heat and develop instinctively.
Edit: What do you think about this, do enlighten us all
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
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During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, the core problem is that newbies tend to lose those profits back to the market when the bear struck and the long term traders keep making their profits all year round.
You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules. The truth is, you know the right thing to do as regards crypto currency; just do it.
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Be it a newbie, expert or professional bitcoin and crypto currency trader or crypto currency investor with adequate skills; you definitely need to understand how to adapt to market situations.
What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.
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As you focus on following a trading process and strategy; you need to also learn how to care for your trading capital. If you have ever seenn courses with risk management; it refers to your trading capital.
How can you protect your capital? You do so by making a trading or investment plan about how you are going to use your capital.
In this market either in a bull run or in a bearish state; we are all alone. In trading; everyone is here to make money for themselves, the profit you make comes from other traders so Always do your own research.
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In crypto currency, i suppose that there are two P's, Profit and process.
Oone core words i have for newbies and enthusiasts in the space today is that they should follow the process. Result might not come early or sooner as you expect it to do, but it will yield in profits; if you stick to your process rather than chasing profits.
NB: This is a wake up call to all traders to develop a trading skill or perhaps strategy; and ensure to stick to the process until perfection, and you can watch the profits follow.
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Trading involves You, Your capital and the crypto currency market. And literally, i have this believe that as a trader; you do not have any power over the outcome of a trade; you can only analyse and predict a core price movement.
This is why you must always do the right things; by letting the market play out; if you allow the market play out, if it ends in losses or profits; you will be comforted and easily pick your lessons especially if you do the right thing.
Always do your own research.
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This is a high volatility market? People don't understand what it means, it means the risk is very high, it can break you more than it can make you, it's takes luck and wisdom, consistency and lesson and teachings learned about trading, coupled with discipline the individual uses to take profit.
This crypto currency market is not trade fair or Walmart market.
Trading is very risky, we just trade with risk management. Never give anybody money to trade, if it goes soar wetin u go talk.
Best is to learn the exact process or strategy, and trade for yourself, than give your money to someone to trade for you in a very high volatile market
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I think for traders who has loses or altcoins investors with lower profits and more loses.
When your trade goes wrong; It is better to test and practice different methods and strategies over an extended period of time.
Instead of panic investing to recover loss.
Remember experience facilitates better understanding
NB: basically my thoughts and practices method. How do you go about yours??
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This year; ieo unfolded.
It was supposed to surpass ico and be a better crowdfunding method; but it has gone cold faster than ico did.
If you compare Your experiences too; between altcoin and bitcoin; you would notice that
1. Altcoins are so many; that they replace one another. If an old altcoin dies New altcoins will replace them and old one will be forgotten... It goes on and on
2. Bitcoin has maintained its class and importance;
Is it that bitcoin is the only hope for the future ??
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This year has witness a lot of adoption of blockchain from impossible sources
JPMORGAN was amongst of the growth There are not crypto currency adverts (esp. coindeal adverts) in English football league
There’s news of Barclays and royal bank in England having a blockchain trial for real estate
Coinbase extended into cross country payments too
Lots of adoption but I can’t share all nor drop all links
The bull run could come faster than we expect; what’s your opinion? I will like to get our views on the adoption and market growth recently
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With recent happenings in crypto currency regarding token sale, i think icos are beginning to find their feet because binance conducting the crowdfunding event for BitTorrent and Fetch.AI has raised the hyped again.
And now, Bittrex has also announced a crowdfunding event too, an IEO,
so can you give your opinion on whether IEO or ICO will survive on the long run
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Is anyone aware that HOT$ silently did over 290% increase over the past 3 weeks, it did that without unnecessary hypes or fomo and following that trend is Pundi X
I think etherum also has to follow such, ignore the spotlight , focus on developments and do not make hypes either
Because GMB also did 2x ico price quietly
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I’m starting to worry about coinmarketcap lately, after series of deceit and spammish activity The following are my observed reasons
1. Many dead projects still on cmc
2. Market cap is fake Cox many projects which have seized to trade adds up to the market cap
3. Cmc doesn't verify authenticity of projects before listing it
4. CMC now have ads of fake icos on their website thereby leading people to scammers
Funny enough so many NOOBS believe anything and everything dey see on cmc to be authentic
Let me stop here and anyone against it should bring a proof to counter it Or offer more options
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In crypto currency it is likely that
You will fall. You will fail. You will stumble. But facts remains that you must always pick yourself up as long as you remember that you are in control of your portfolio and choices And Nobody else can decide for you because you have
Nobody to blame for wrong decisions except Only you.
Remember Only you have the power to change your options and choices of investment Your time will come with you prevailing
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Bitcoin pumps when there is a high demand for it, forget about whales bla bla bla. Come to think of it, if whales pump bitcoin and non whales refuse to buy it, what happens? The number of people that exited crypto currency this year is when it was at the peak. Many, I repeat many left crypto this year and might not come back. What gives crypto curency demands HYIP platforms, ponzi platforms, Matrix platforms, etc. All these have faded and ended. Same time 2016 btc was on the go despite the xmas cash out because there was high demand based on the above listed platforms functioning well. Btc dipped last December and failed to rises because all those platforms are dead including staking coins like bitconnect. Now the answer is what is the demand of bitcoin, forget about proposed demands, forget about block chain this and that adopted by countries and banks. Crypto will achieve its vision only when it is regulated, not having over 2000 shit coins to USD, over 200,000 shit ICO which 60% will end up scamming people
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