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361  Economy / Economics / Re: Coping with Risk. on: February 02, 2024, 11:51:27 AM
so my question is, which is more risky?

A). Running a physical business that has a whole lot of risk associated with it or

B) running an online investment with high risk of hack that could result in you loosing all your asset.

Venturing into something you have no experience, knowledge and no one to guide you will increase the risk you stand to face and your chances to fail or victim a victim of loss.

If you just choose a business to start and a location to establish the business, and you did not make proper enquiries about the business you are starting, the challenges involved and security situation of the place where you are establishing the business, so you can know the security measures to use, you have increased risk in your physical business and reduced your chances of profiting well. If it is online investment, and you are not aware of the risk, you have made it more risky for you.

A business person with more knowledge on physical investments will consider it less risky to online investment where he has no real idea, and likewise an online investor.
362  Economy / Economics / Re: Why does a country borrow money from the world bank even when they can afford it on: February 02, 2024, 08:36:29 AM
Question: Why does the independent, developed and  productive countries still borrows money from the World Bank even when they have enough to execute their excused reasons given why they have to borrows the money?
Some of the countries borrowing do not actually have the money to execute the projects they want without affecting other sectors of their economy, so there is nowhere to pull out money from, and instead of printing more money which they can, they choose to borrow instead from world bank and other countries that can lend to them to avoid having too much of their money in circulation that can lead to inflation.

I am interested about this because in my country, we are independent and a productive country with revenues ought to be contented enough to execute the projects in demands of what they still borrows from the World Bank for and yet there is no economical improvements in the country instead we are running economical backwards.
In your country, there are corrupt leaders borrowing for no reason and embezzling borrowed funds meant to execute projects.
363  Economy / Gambling discussion / Re: Rigging in sports:My Personal Perspective and discussion finding sus. sports on: February 01, 2024, 04:14:27 PM
how will this affect a gambler that's very responsible?
Although wins and losses in gambling are normal things that happen to every gambler, you will be concerned as a gambler and it will bother you if a certain sportbooks you play on or league you see as attractive has been flagged as having cases of of fraud in sports like match fixing and other forms of rigging.
You will be bothered because you know that winning has no longer been left to the future to decide, and chances of you winning is no longer fair when you are just predicting and making choices based on mere analysis.
364  Economy / Gambling discussion / Re: Viewpoint of a fan gambling on: February 01, 2024, 03:31:55 PM
What percentage of the gamblers in Bitcointalk are wagering and not wagering to their dearest star player, club and team?
If you can willingly and without remorse place a bet against your favorite team and players without any odd feeling, you do not really love your team and players, making it that you are gambling for money and the wins.

If you find it difficult to bet against your team or favorite players, and will rather not bet than bet against your team, you have real love for your team and players. This is my simple view.
 
365  Economy / Gambling discussion / Re: Proverbs and Sayings that Act as Triggers to Gambling on: February 01, 2024, 03:04:52 PM
Look at this Chinese proverb, "If you don’t gamble, you won’t know how lucky you are."
If it is actually a proverb about gambling that was formed by a gambler who was Chinese then the proverb will only trigger an appeal to people who have some gambling experience or already considering gambling.

To others who are not gamblers, this proverb will only mean to them to take more action about their lives, take more risk to see how lucky they can get, Luck does not only come from gambling.
366  Other / Off-topic / Re: The use of mobile phones and a computer for forum discussions. on: February 01, 2024, 01:30:22 PM
What do you think?
It is a matter of preference, the forum is accessible from both your phones and computer, so use the one you are most comfortable with.
367  Bitcoin / Bitcoin Discussion / Re: At a range of 2years, can a Bitcoin literate invest with a borrowed fund in BTC? on: February 01, 2024, 01:23:05 PM
Now, I have a friend who is educated about Bitcoin digital currency but doesn't have the capital to invest on it. Meanwhile... He is considering to take loan from his relative to pay back within the range of 2years.
This is to say he would have such range of time without a panic to pay back.
Before taking the loan, Paying back within two years time will look very achievable and the time frame very long, until when the loan is collected and the time begins to fly. Two years may feel like two months.

Borrowed funds will always put the borrower under pressure, unless there is an intention not to pay back.

It will be different if you are offered an interest free, pay back anytime or not kind of money from relatives as a way for them to help you. That kind of money can be accepted and used for investment in bitcoins.
368  Local / Nigeria (Naija) / Re: Nigeria Has Happened to Me:Shutting Down my Business After a Year of Operations on: January 30, 2024, 08:29:03 PM
Sadly, after a year of operations, I have reluctantly decided to close down the business. Inflation has taken a toll, making it financially unsustainable.
Many businesses have already shut down, and many that are still in operation are merely hanging by the thread. The economy keeps making it difficult for consumers to buy from retailers and retailers from wholesalers.

The lack of electricity and high cost of running petrol and diesel generators have made it so that those who cannot afford to now install solar power to keep their businesses running are considering shutting down or have shut down already. (for businesses that depend on electricity)

The increase in exchange rate has also affected the cost of importation, which has increased price of goods and products.  Businesses that depend on importation are biting their teeth's, the tax and clearance cost for their goods is becoming unaffordable.

For local businesses, they are also affected, transportation cost has increased too which has contributed to the prices of goods going high.

The situation is really alarming, we are just at the start of this administration that does not seem to care.
369  Bitcoin / Bitcoin Discussion / Re: Are you ready for the Bitcoin bull market? What's your plan? Some ideas for you on: January 30, 2024, 08:11:07 PM
I recommend to give other method of investment a try if you have enough money to invest ...
Picking other viable options to invest in like real estate is recommended also. You should not sell off all your bitcoins for another investments, but can skim off some profit if you have invested well in bitcoins, to have other good investments outside cryptocurrency.
370  Bitcoin / Bitcoin Discussion / Re: What are the challenges people who accept bitcoin face in their businesses face on: January 30, 2024, 07:19:39 PM
1. That alot of people don't willingly want to pay make payment with bitcoin as a result of the high transaction fee
Aside the unwillingness to make payments in Bitcoin due to high transaction fee which I personally consider not totally true because transaction fees are not always high, there's also the unwillingness to make payments because of people's perspective and views towards Bitcoin. Many owners and hodlers of Bitcoin see Bitcoin as investments and not to be used for daily transactions especially in local shops so they are all unmotivated to use their Bitcoin for transactions when they have fiat for it.

371  Economy / Trading Discussion / Re: Why do many people fail in trade? on: January 29, 2024, 08:38:59 PM
What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.
A trader should not seek the easy way to make money. As a new trader, there is the usual temptation to join a signal group, even some of your tutor will try to convince you to join VIP groups with fees for profit. First step to failing as a new trader is to join these groups and start depending on them because it is an easy way to make money from trading.

As a trader, you will not be able to build sustenance in the market like that, If you think that you can, that is your failure already waiting to happen.
372  Economy / Gambling discussion / Re: Are every activities/competitions with stake known to be gambling? on: January 29, 2024, 08:25:51 AM
If there is no money involved, it is not gambling. If there is money involved, it is called gambling.
You know that opinion on this differs right?

Not every one agrees that money has to be involved before it is called gambling.

This is one topic I started last year that really showed that opinions on what gambling is and is not really differs from person to person.
Without money, does it still qualify as gambling?

Quote
Have you heard of Superpicks on DSTV? where you can make predictions and win money without staking your money?

if you have not, check it out. Superpicks.com

My question is can it still be called gambling if it is not played with money?


373  Economy / Services / Re: [CFNP]Signature Campaign Dexsport.io ⚡ The First Decentralized Betting Platform on: January 29, 2024, 08:06:34 AM
Thanks Royse, for the opportunity of working with you for a week.

Till next time, all love! Smiley
374  Economy / Gambling discussion / Re: Africa Football Discussion || Current Topic: AFCON 2023 on: January 28, 2024, 01:30:23 PM
Super Eagle has only conceded a goal out of their four matches played so far in the tournament. This could be our best AFCON match so far because our defense and frontline are strong, coupled with we have a good goalkeeper.
Nwabali has not really been tested because our defense has been very good. Nwabali was subbed out of the game because of an injury from the rough play of the Cameroonians, we await to hear good news about his return because we cannot trust Uzoho at this stage of the competition where the competition is getting more serious.

I liked the seriousness I saw in our players yesterday against Cameroon, they bullied the Indomitable lions all through the game. Pressed hard and were aggressive. If we can be that serious against Angola, we will beat them.
375  Economy / Gambling discussion / Re: Can gambling addiction lead to domestic violence? on: January 27, 2024, 06:40:09 PM
However, I'm wondering if addiction can make someone become aggressive to the point of leading to domestic violence. Has there been any known case of it happening? Lets know what you have to say.
An aggressive person who gambles has the potential to become violent because it already is in their nature, while an individual who is not aggressive by nature will not become violent even if they become addicted to gambling.

Gambling addiction does not make people violent or capable of domestic violence, violent people who become addicts to gambling are capable of domestic violence.
376  Economy / Trading Discussion / Re: Where i can sell fast 1.0036 bitcoins? on: January 27, 2024, 06:08:32 PM
Hello.
I need within 4 hours to get 18 000 eur. I have my bitcoins but where i can sell those to get money in a right time?? Regular transfer takes up to 4 days to receive into my bank.
Im ready even to sell all my bitcoins by 18 000 if have to. Paypal only! Its fastest way.

Are you hoping to initiate a transaction with a forum member? You will not get anyone to send you fiat in exchange for your claimed btc because there are different kinds and methods of scams and this may just be one of them.

With a good exchange, changing your btc should not take up four days.
377  Economy / Services / Re: [OPEN] MetaWin.com Signature Campaign | The First WEB3 Casino | Sr Member+ on: January 27, 2024, 05:48:03 PM
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378  Economy / Gambling discussion / Re: BC.Game 🦁 Fantasy Premier League Pool ⚽ Discussion Thread on: January 26, 2024, 11:18:30 PM
I am actually a bit scared about it though, because Palmer and Diogo both scored last week (Palmer also scored in the last two gameweeks), so I am quite worried one of them will blank, or even both of them.
I can't say Palmer will play in the premier league the same way he has played in Chelsea's FA cup game against Aston Villa, because he missed many chances for Chelsea, completely flopped in front of goal and I would say the reason Chelsea did not win. Can he do any better against Liverpool? I worry for Palmer, he is in my team.
379  Economy / Economics / Re: The productive capacities of an individual to the society. on: January 24, 2024, 10:32:35 PM
~
A quality write up does not mean you jam your sentences with incorrect and unnecessary vocabulary@OP. By doing so, you confuse some readers and make your point more difficult to grasp and reduce engagement.

 I get what you are trying to ask, but it was possible for you to express this in a simpler manner for readers to easily understand you.
380  Economy / Gambling discussion / Re: BC.Game 🦁 Fantasy Premier League Pool ⚽ Discussion Thread on: January 24, 2024, 07:51:35 PM
Jota is consistently the best differential out there. He doesn't need 90mins to cause havoc; give him 20-25 mins and he'll be on the scoresheet. Another wonderful guy is being ruined by injury. He is the most dangerous player in Liverpool in my opinion; he knows how to get into dangerous positions and shoot at the brick of light
It will be Diogo Jota against the experience of Thiago Silva and Levi Colwill if he starts in the middle, two difficult defenders to beat. Chelsea's Petrović has been very impressive in goal for Chelsea, Liverpool will need extra spark and magic to beat him. Jota has a chance of blanking in their game against Chelsea next.

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