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1101  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: January 07, 2023, 09:18:11 PM
Monaco have a one-goal lead so far. They are trying hard to win the match. Also the opposition is trying hard to attack to pay for the goal. However, looking at the state of the game, it is clear that Monaco is more likely to win.
Hot favourite Monaco knocked out from Coupe de France by Rodez which is currently in relegation zone of Ligue 2 amazing stuff happening in this cup even at the end of first half Monaco was leading by 2 - 1 but in second half 80th minute goal from Rodez defender was enough for having match into extra time when they won by 3 - 2 which is good for them.

But, Monaco is still good in Ligue 1 as they are at the fifth spot with looking for place into top three which is not easy because currently Lens, Marseille and Rennes all are looking good and Monaco next challenge is against Lorient which was struggling before break but now having good start after the break hopefully Monaco will through pass this challenge and trying their best for having better rank at the end of this season in presence of top quality teams.
1102  Economy / Speculation / Re: Could this be the bottom of Bitcoin? on: January 07, 2023, 05:15:09 PM
It is clear that binance is way more solid than FTX ever was, but one of the problems with relying on a centralized exchange is that even if they do everything right the exchange could still collapse if at some point governments decide to go against it with everything they have.

In that case even if binance is a solid company it could still disappear, it is because of this that it is important to always monitor its state and at the first sign that something is not right you need to get your coins out of there as fast as possible.
Don't worry mate, because with what happened with FTX and then the Binance FUDS after, many people are now scared to fully trust their assets on a centralized exchange. There are still people who will use a CEX but they won't store their funds on it longer or some can still store funds in it but that will only be the amounts that they can afford to lose easily.

As long the exchange is giving a good commission with the government then I do not think the government will go against them and I think even if some of them has a hate with crypto, they will still allow it because their greedy self is saying that money is more important more than their pride or dignity.
1103  Economy / Economics / Re: If your passive income beats inflation rate, deposit might be a better choice. on: January 06, 2023, 08:26:03 PM
You sound like someone who makes a lot of guesses about a hypothetical situation in which he is not. A passive income of the amount that speaks, what people usually do is spend it instead of depositing it in the bank. There are two exceptions to this:

1) People so rich that passive income far exceeds their level of consumption, so they reinvest it, but never in a shitty bank deposit, unless for a short period of time (to buy when they see an opportunity in RE or shares of a company).
2) People still in the accumulation phase, who in this case reinvest the liability but in the same way as 1). It doesn't make sense to put it in a deposit unless it's short term.
You are both right and wrong at the same time. Rich people do have money at bank deposits because they can't just put all of that money into a company, and that "short period duration until they find a good stock to buy" becomes years because they keep making insane amount of money and they can't spend it at the same speed to buy some stocks.

Warren Buffet is a good example, they constantly have cash that they are trying to spend on buying up companies, and it's really hard because you can't just buy 2-3 billion dollar worth stocks from most companies, it would be pretty hard, only couple dozen companies are that big only. Hence, you are right usually, but there are exceptions as well.
1104  Economy / Trading Discussion / Re: Reasons why the 95% of future traders lose all of their money on: January 06, 2023, 08:18:03 AM
investing and trading honestly is more than what's written in technical analysis books, there are so many emotion involved and that could influence your decision in trading and investing, so if you happened to lose your money in your trading maybe you're getting too carried away emotionally and make some haste decision, moreover the fact that so many coins out there don't follow technical analysis pattern is enough reason that you could be losing your trading and investments since sometimes it's all about luck.
If the book is only about analysis then that is the only thing that you will learn there but other things are not yet tackled there. Investing is so wide but there might be books who are complete already. Trading mainly uses technical analysis but in investing, it's more on fundamental.

It's still up to us if we think learning both can be more beneficial to us then why not? If there is one thing that have in common for both investors and trading then that would be the emotions. It can messed you up pretty badly no matter what you do so we should learn how to control it to be able to be successful in our journey. Losing is sometimes inevitable but this should discourage us totally. Just carry on.
1105  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum drop gets me worried. on: January 05, 2023, 09:10:08 PM
It's a crypto cycle that might take place, you can say that Eth always follows bitcoin in every market movement, we are all speculating
and if the market will not be nice to us, we might see more downfall next year.

People who do have strong understanding to this investment will continue to follow and will continue to chase the low price
and store it inside a safe wallet.

Hoping to see good profits when the market starts to pump back.
I think market will be a bit better to us this year than it was last year. I mean in 2023 we can't go for another 12 months where it is bad, we already went like 14-15 months so far that was bad, another 12 would mean that for 26-28 months it was bad, and I do not think that it will happen.

The best thing to do right now would be making sure that everything is on control and will be done perfectly well until the recovery and accumulate as much as we possibly could to continue doing what we do. I am not saying that we should be selling all we have, like our houses and cars and everything just to get bitcoin, that would be too much but we should get as much as we can afford to spare at least.
1106  Economy / Trading Discussion / Re: 5 Bear Market Mistakes to Avoid on: January 05, 2023, 08:05:03 PM
Talking about panic and fear I feel is the same thing once they see the market has not been in their favor the next step to take is to sell, the issue is not only bitcoin experienced bear but all most every market both tesla, etc. putting emotion while holding to might just keep give you heartbreak and most people are always ready to sell once is not in their favor, and the best thing avoid futures and altcoins
You don't look like you are a noob so you better improve that mannerism of yours. This was also for your own good. It's true that the crypto market isn't alone in terms of being bearish. I think that is due to economic issues that the world is facing right now, as we know that other markets are more related to the real world events or can react more to it.

Emotions are normal as a human being but there are some people who are just weak and naturally emotional. If you are like this then you better avoid dealing with riskier stuffs such as investing, trading and more in gambling. There are still ways to fix that conditions. You better work on it first.
1107  Economy / Speculation / Re: How we know btc not going to 100$ ?? on: January 05, 2023, 12:52:10 PM
Close to impossible indeed because if we do make out some comparison into those early years where only a few do known heard of about Bitcoin then its price is still hitting those numbers
but now that its widely spread and been known then it wouldnt really be that surprising that the value do rose up that high.Its impossible that it would really be going back into those
level but we know that everything could really happen but it would be basing up if theres something huge wrong  thing happen into it but for now on the current
condition where it do seems that it is really that holding strong on this point which is too far off on the price where op is trying to tell us out.
I think that is only possible once binance follows the footsteps of FTX because there are also a lot of people who are telling the same thing that when binance collapse, a big disaster is then going to happen in the crypto market. We know that binance is like the foundation of cryptos due to how large this exchange was.

They already have done a big contribution into this market but lately they are still being attacked. Well in anywhere that we go there will always be people who are like that. For now all that we must do is to calm down. Binance is trying to clear their names and then the condition of BTC is getting stable now. Let's hope we can stay like this for a long time.
1108  Economy / Economics / Re: [Article] Good job, internet: You bullied NFTs out of mainstream games on: January 05, 2023, 11:05:50 AM
The NFT hype died because almost all NFT projects are scams, not because the crypto markets are facing a crypto winter.
If the decline of cryptocurrency prices was the main reason, then we should be witnessing more ICO tokens right now, because obviously all ICOs died due to the 2018 bear market, not because they were 99% scams. Grin
NFTs had a cool concept(in theory) which failed in reality, because no NFT owner can protect his NFT from being copied and used without his permission. Perhaps the NFTs will be replaced by a better system in the future. A system, that actually protects copyright.
P2E games are a ponzi scam, nobody can change my mind. Just look at the Youtube channel "Coffeezila" and his investigation against Logan Paul.
Nft's can't really be copied but those who try to are just imitations or fake and can be easily spotted and reported. Using NFT's as avatars aren't also allowed now. Anyway, I think it's both a combination of the bear and then the growing number of scams in the NFT scene. That should be the cause of their death. That's a great thing so that people's attention will be diverted again in the original cryptos.

Sooner or later, we can see an increase in their volume. About the ICO's I think there are still a few numbers of them but I don't think they will became a hit again due to how risky they are. There are now better alternatives than them so why would investors or project owners choose them?
1109  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: January 04, 2023, 09:25:45 PM
Newcastle are showing a great game this season and given the problems of the competitors, their chances of getting into the top 4 are very high, I think they are favorites against Tottenham/Liverpool/Chelsea.
Now I will root also for Newcastle (although I do not like oil clubs) - I really want to see Ronaldo's epic return to Europe plus a strong new club in the Champions League.
I also don't like clubs run on Arab oil money. PSG and Manchester City can't win the Champions League despite spending a lot of money. But Newcastle's case is completely different. Newcastle's owner is very rich. But Newcastle is doing well without any star players. And consistently they are performing well. The team was close to the relegation zone last season and struggled to qualify for the Premier League. I will be happy if they are able to qualify for the Champions League.
Just having money is not enough for winning trophies in UEFA because as we all know right now few top UEFA clubs under ownership of rich Arabs, but sadly they are not able to win this prestigious trophy Champions League because this all needs something more than money like passion and dedication which is also helpful for having good results in this competition now Newcastle United is also having same winning pattern with most chances they could be also in Champions League in next season which will create good fight for the title between these rich Arabs but still things are not easy as now Manchester United and Barcelona are also doing good job with Juventus squad is also having good strength for the fight into this competition.
1110  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: January 04, 2023, 08:18:04 PM
And neither Arsenal or Newcastle ruined its record and the match ended with a draw indeed Wink
It is an opportunity for City to reduce the gap between them and Arsenal again to 5 points once they win against Chelsea.
For Newcastle, they risk to become fourth since ManU still lacks 1 game and they share the same number of points.
Most chances we will have Arsenal and Manchester City at the top of league table until end of the season because both teams are doing good job and have enough quality for staying at these spots for remaining two spots now things are looking very interesting because Newcastle United is also at his best and lost just one match from their 18th games with Manchester United is also having same points, but they have one game in hand with Tottenham and Liverpool are also coming behind, but they needed more strength in their squad as things are very tight at the top of league table and quality is also very high which needs to be competed if any team wants to stay at the top here real test of Newcastle United how they will manage this all near the end of the season.
1111  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Memecoin and utility - impossible or next stage of crypto development on: January 04, 2023, 07:23:24 PM
I think the only meme coins that facilitate creativity in real practical way is shiba inu, other meme coin like doge quite literally just being used for generating profits and nothing more, it's like just a pump and dump tools.
even though shiba inu may have the same characteristic at least it has some innovation behind it unlike doge that's just gonna stuck like this forever, the doge this day and in the future will be the same.
Afaik, dogecoin doesn't have the ability to create a smart contract. So, even if its community or its devs badly wants it, they can't do anything about it. They just leave it that way while this is possible for coins like shiba inu but that isn't enough to say that they are more creative because they aren't the first to create the project that they are planning.

Dogecoin has its own origin on why it's built and if not only because of Elon then this coin won't be called as a pump and dump but if dogecoin is a pump and dump coin now then what do you think about shiba inu? Don't forget that shib is also being mentioned by famous personalities like Elon and Vitalik. There are even reports about selling, donating and burning the coin.
1112  Bitcoin / Bitcoin Discussion / Re: El Salvador will be the richest country in the world in 8 years? on: January 04, 2023, 03:54:23 PM
They don't need to convert to fiat over there. In El Salvador you can pay anything directly with Bitcoin.
El Salvador has accepted the adoption of bitcoin as a legal currency, which means there is no need to convert to fiat when making buying and selling transactions there, because direct payment services are available with this adoption.
In El Salvador, I heard they have these bitcoin cities or bitcoin hubs. I think this was the place where you can spend your bitcoins the most but on some other places I think you will still need a fiat to avail something. In countries where BTC isn't a legal tender yet, it still possible to use your Bitcoins directly as long as there is a signage or a BTC logo being posted on that shop. BTC is volatile and that is what makes it unique compared to other traditional currencies.

This is also the reason why it can be use for trading or investing other than for simply making a payment and sending money. For someone who is bothered about its volatility, good thing stable coins are now invented to give a solution to this problem.
1113  Economy / Trading Discussion / Re: Nobody dont help us the traders let's help ourselfes now idea on: January 03, 2023, 09:55:04 PM
Idea is let's collect money for the futures markets liquity and volatility so we dont need instutions and Fed.
If everybody will donate about 5$ it can make miracles.
If you can donate to make markets liquity and better volatility better bigger pmps and dmps.

Whos down for that idea ?
No one's down for that idea but only you.

Someone who just want to trade casually are not going to be willing to have that donation to someone unknown and has this idea because that's not going to work.

Thus, the market's too volatile and there are folks that wouldn't want to try into futures. It's only you that has the guts to do that with someone else's money, this is like lowkey FTX style of trading LOL.
I am not sure if I get his idea but it seems like he is planning to collect money and then pump and dump this market but I don't even think that's a great idea. First, how will the people trust him? He even doesn't look like a trusted person. Second, manipulating is strictly prohibited here. It will be better if we will just leave the market move on its own or in a natural way.

Institutions and Fed do also have their own purpose so we can't just disregard them. If the OP wants to try futures trading then he should only use his own money so that he will know how hard it is and why many of us won't try it, especially on these current market conditions.
1114  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [POLL] Will BNB crash? Will Binance go bankrupt? on: January 03, 2023, 06:04:02 PM
honestly I think BNB is better compared to other similar coins, it has the big community, there are still quite many nft games that still quite famous running in bsc meaning bnb still have a lot demands, I think it will never crash, binance is also doing quite good enough to keep their credibility with all the confirmations coming from binance itself, I doubt it's gonna be crashing.
Each of us has our own preferences. For you maybe BNB is the best altcoin but for others it was Ethereum. For now there are no signs that these projects can crash because they are still strong but we don't know in the future. Before it happens, it's always better to be prepared. Would it be better to not put all your coins in one basket but let's make it a habit to diversify.

The disadvantage I can think of in BNB is that it is associated with a crypto exchange called Binance. we know that exchanges are a hot topic right now. There are fuds spreading, and what if many are going to be affected with it? It will easily affect BNB but not ETH and other projects because they are simply just a coin.
1115  Economy / Trading Discussion / Re: Tutored or you learned how to trade? on: January 02, 2023, 09:26:02 PM
I'm a self thought trader and I used the little information we have before on the internet since at that time when I studied trading, There aren't that much video tutorials about it especially in crypto. Being tutored is way better than being learning it yourself knowing that you have someone to rely if you have questions unlike self learning that you need to do research for your own question.
Crypto is not a must if you want to learn about trading. You could learn trading from stocks and specially from forex as well which would teach you all the basics and indicators and chart reading and so forth. It is available for crypto nowadays as well but back when I first started most of them were available for forex and it did happen and work, which means that I believe it should be something more than important to current situation we are in right now.

If you know all about them then you should be fine about it as well. I learned them all, but then realized long term investment is better than all of them combined which is why I didn't end up working towards it.
1116  Economy / Trading Discussion / Re: Many signals don't work now like they use to be on: January 02, 2023, 08:34:41 PM
There's no such thing to work in the first place since these signals arent 100% precise for you to follow and make profits and this kind of opposite outcome does proves out that its not really that ideal
on following such signals because it doesnt really give out that kind of precision and there's no trader or human on this world could able to know on what are the things that would happen ahead.
This is why it is really that much better if you do trade on your own with your own analysis and predictions rather than making yourself that too relying into those so called
signal givers.It isnt really just worth for those sub fees imho.
If nothing works here then people shouldn't be trading now but why did trading grow like this? It means there is money to be made in this market but it requires a lot of trial and error to be able to master how things work. There is no such thing as 100 percent but there is an over 90 percent working signal or strategy. It's either it came on our own or we availed it from someone else.

This is the only downside here. Sometimes it needs money to make money. You are right that it's still better to work on our own so that we can be able to save more money in the process. It also gives us a confidence. Not if we are only relying on someone else because what if they close their service soon?
1117  Economy / Economics / Re: Turning the Corner Into 2023 on: January 02, 2023, 07:22:22 PM
We should all remember, when we die, on our grave it will say our name, a good word or two maybe and our birthdate and our death date, you know that dash between your birth and death date? That's life, all of your life explained in a single dash, the period between those dates were the life you lived as a human, simplified by a single thing.

I feel like life is important enough to make sure you enjoy it as much as you can because you won't get to live it again, but it is also quite unimportant to not to worry because you have only one life and if you keep worrying about the future all the time then you will miss the present and never live.
We that are still here are lucky because there are also people who perish early and didn't enjoy life that much. For us who are still here. I bet we already enjoy our youth days and maybe it's now time for us to be serious this time. This can be the perfect time to start it because we are still on the first month of 2023.

There might only be few words written in our grave yards but that's fine as long as we make the most of our life when we are still alive. We already help ourselves and a lot of people who also need's a helping hand. That is what matters here. Then these people who still remain are going to remember the goodness that you brought to their life.
1118  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Shiba INU tokens continue to rise? on: January 01, 2023, 06:31:23 PM
I think SHIBA may introduce some utility next year. The team is confident in the project, they are burning tokens, it doesn't look like anyone would want to abandon such projects. Memecoins are going to be a big trend right now, allowing them to turn into a valuable project, such as allowing payments like the DINO LFG on Amazon.
Again? How many times they say that? But still, we already reach the year of 2022 and shiba still have no great utility. If I am one of the supporters of this coin, I think I will be tired and won't expect any more. There are other great coins out there which can be worth for my time and money. They can say that they will burn some supply but that alone won't pump the price to a higher level.

A lot of meme coins do also propose the same thing but many of them are still dying especially on this kind of market we have now. I do not know if there is a chance for the meme coins to be on the trend again but sorry, they will never be valuable even if their trend came back.
1119  Alternate cryptocurrencies / Altcoin Discussion / Re: The reason Dogecoin could fail in the future on: December 30, 2022, 08:15:51 PM
The fact that the Dogecoin level rises with Elon Musk shares and the price depends on this does not inspire confidence. Besides, there are at least 100 different projects with higher potential than DOGE. frankly, I think its value will decrease day by day. especially if musk withdraws his support, I doubt it can even exist in the market. nevertheless, you can never speak for sure, everything can change if there are some changes in the company and a new road map is adopted.
For us who aren't into manipulations yes, this is a turn off but for those who are into it, Well they are still positive about doge that musk is still into it and will pump the coin sooner or later. There are different cryptos. Some are unique and has it's own charm. This isn't only about use cases and utility. Like for example dogecoin doesn't have that but it only got popular because it is a meme coin that originated on that dog who went viral on the internet and later used in the memes.

If your goal is to earn a profit then dogecoin might still give you that by the time the trend came back but if you are into the coins technology then there are better coins for this. It's only about preferences.
1120  Economy / Speculation / Re: Bear market likely over? on: December 30, 2022, 05:28:23 PM
In a bear market though, any positive news will not be felt, just like when we hear about Brazil's legalization, the price didn't move on the contrary, it just move sideways, meaning no effect at all and on the contrary, it just go down a bit as we speak.

But if this news happens in the bull market, for sure a minimum jump of 5% will happen as soon as this news was released.

Anyhow, bear market is not over, and it could stay for a the whole year, 2023.
Of course it can. Have you noticed that Bitcoin price rises to over $20k before? That was also the time where we saw some positive news. A negative news can have a negative effect as well because after those scams incident the price then drops again below $20k.

The presence of the bear market is still there and it has the biggest influence among all because if not because of it, then we can reach more than $20k right after some positive news came out. The announcement about Brazil to legalize crypto is sure a positive news but there are no actions yet that have been taken. That is also the reason on why the price hardly increase.
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