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921  Economy / Gambling discussion / Re: Do you gamble because you don't have sufficient money? on: July 23, 2023, 02:15:10 PM
I believe it is determined by one's nature, but whether rich or poor, the majority of gamblers have the same goal in mind, to gain money through gambling. What your friend says is true for me; I would not bet if I were wealthy, but other wealthy individuals do so because it is their habit, not for financial reasons. As I already stated, it is dependent on one's personality, imho.

I agree with what you say about a person's character, but I don't believe that someone who is wealthy will desire to gamble, gamble is seen as a means of getting money that is for some people and there are categories of people who actually play for fun, and I noticed something about rich people they gamble for fun with there friends and click to discuss business and is mostly casino games, different people different perception.
922  Bitcoin / Bitcoin Discussion / Re: Reasons to be attracted to Bitcoin on: July 23, 2023, 01:48:01 PM
Currently, there are more than 1000 cryptocurrencies in operation around the world. However, Bitcoin is the most popular in the exchange.Created by Satoshu Nakamoto, Bitcoin has a current market capitalization of several hundreds of billions of dollars.

 The main reason why most people are attracted to Eptocurrency is that it offers huge profits with low investment.Again, if its value suddenly decreases, there is a possibility of loss.

considering that Bitcoin is the first cryptocurrency to have been invented and also the driving force behind the entire market if anything to happen to Bitcoin then others should be ready to crash along with it since the entire market depends on Bitcoin, and the nature of Bitcoin is different from most of this altcoin, some altcoin can not even survive during this bear market, so investing in bitcoin reduces risk compare to altcoin that can give you total liquidity of your money, even if bitcoin has its own risk is still very preferable.

923  Bitcoin / Bitcoin Discussion / Re: Teaching Bitcoin is not do or die on: July 21, 2023, 02:24:31 PM
Bitcoin has become an important aspect in the modern era. Bitcoin is basically not for everyone who will be interested in it. Yes bitcoin is an independent process when you tell someone about bitcoin don't force them if they are not interested. Do not force anything. Imposing something does not accept it from the mind. A thing for which there is no feeling, if forced upon it, gradually develops a strong aversion to it. It is entirely up to the user who does what and feels comfortable doing what. Anyone can print money but after printing money I have to convince the rest of the world that this money has value. If I can figure it out I can use it as the main currency.

when bitcoin started it was not given the value it deserves and people were actually surprised, bitcoin has gained very good attention and has become hot cake to purchase, true that not everyone will be interested but does that actually understand it and know its benefits won't joke with it, and the aspect of forcing people to invest in bitcoin is far gone since bitcoin has the issue of instability, once the price does not favor them then they start blaming you, the best thing should be that they invest at free will, and once they are interested you tell them the dangers involved in bitcoin.
924  Local / Nigeria (Naija) / Re: The Local Nigerians perception on cryptocurrency and online in General on: July 21, 2023, 02:13:03 PM
I don't no if you guys have actually observe it that almost everybody believes that every online work including cryptocurrency are yahoo guys, because I have been in a situation were someone came to me to ask what I'm always doing online with my system instead of going out to look for work and I felt really bad because it was not once. In this digital era I still don't no why people feels there is no way to make money online aside from doing Yahoo without knowing that there are so many opportunities online that could fetch you cool money, I no online are comprises of both Yahoo and non Yahoo guys so I think people should be able to distinguish between them instead of Generailizing them.

Coming back to police, people are always scared of them, because one of the marjor things they do now is to search phone and Apps, if eventually they sees anything money even if is legit or not they don't care, they will tag you Yahoo guy and make sure they extort the money from you.

I just wish to share this because I have seen people talking a lot about every online work being a scam, so please if you have any contribution or opinion the floor is yours.
That is the misconception most people have in the country and they have believed that once you are involved in crypto currency then they belive you are into fraud and that's why one day I decided to start a section in the radio station where I work to clarify a few things. I love the section, and as a result, some people started showing interest in cryptocurrency. However, it's always a good idea to do so before you get blamed for losing money. Furthermore, the police issue has somewhat been resolved since the IG issued a directive to refrain from checking phones; I can only imagine the young people's faces when that happens.
925  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: July 21, 2023, 01:35:18 PM
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Certainly. Every season there are new challenges that must be faced by every team and indeed Man United's preparations are almost complete to welcome this new season with the hope of winning the EPL league title of course, on the other hand, Arsenal has also completed its squad of course this is also a threat to its competitors, as well as Newcastle which is very active in the transfer market, Man city is still strong even though several players were released, and Chelsea started to organize itself from scratch.

Looking at the preparations of all the big teams to welcome the new season, this will make the competition even more fierce for the EPL League, and even more exciting with the presence of Man United, Arsenal, and Newcastle in the Champions League. Of course, this is a challenge for them to be able to maintain concentration in every game even though they have to play in various competitions.

Just everyday new challenge for clubs, I see clubs making serious adjustments against next season, and I hope it favors next season Manchester United really did make good adjustments, so it will be difficult to predict next season since a lot of clubs made very good improvement, at least I have a little bit of hope for arsenal since they did well, they really need to come up with new strategies if they want to survive this coming season, Newcastle to are one good competitor too, and I don't think Chelsea will be any much different from next last season and am very sure every club is going to be on fire from the beginning of the season then towards the ending, we are going to know does that will stand.    
926  Economy / Economics / Re: Should I Use Emergency funds or Sell my Assets ? on: July 21, 2023, 11:45:30 AM
As long as we don't have urgent needs such as food needs, paying house installments or something else then the best thing is not to sell assets or use emergency funds, most people are too afraid when they see economic predictions so they panic and sell anything to be able to overcome inflation or bad economic predictions.

Its already clear that aside from basic needs and health, like you said is not advisable to sell your assets, and in my opinion, since the emergency fund is for the unplanned situation then it should be used for whatever emergency it may be, selling out an asset is not worth it and from the look of the thing, assets are supposed to give you profit, and the emergency fund to be backup funds, people having that mindset of panicking and selling off what they have gathered, honestly we all know the economy is bad, all we can do is adjust to it and make good plans if not you will have more emergency to deal with.
927  Economy / Economics / Re: How is financial stability defined for you? on: July 20, 2023, 02:55:35 PM
Financial stability is simply a state where you are financially fit to provide for your daily and monthly expenses without thinking too much about the cost.
Financial stability is have enough or more than enough to cater for your family without having to touch your savings.
And this days it has become very difficult to be financially stable, the situation of the economy is not friendly at all, only few people are free financially, and the remaining are just struggling.
No job even does with job are still not stable.
928  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: July 19, 2023, 02:16:01 PM
If Pep Guardiola wants to leave Manchester city his next destination will be PSG since he loves going to clubs that have the money and are willing to spend. Pep Guardiola with PSG will win them the champions league very easily. With just few signings, Pep Guardiola can make PSG into a team like Manchester city but Pep Guardiola won't be leaving city just yet. He'll try to win more trophies with Manchester city and defend their champion league trophy. If Pep Guardiola was to leave Manchester city at this very moment, everything they have built in the past years will crumble.
But not only does PSG has money Newcastle to has money but I don't think Pep will want to move from manchester city any time soon, he still has plenty of surprises to give to the city and I feel his very much comfortable there, we should hold our horses don't be surprised if pep goes to psg the club will improve, but not certain about winning the champions league even last season the people I had in mind was Madrid because I was sure that inter milan will not win, and watching the final manchester city did not even struggle to win the champions league.





Manchester city have good qualities players, and one of the  prominent coach with lengthy experience in football space, with his presence everything is working smoothly for city. The citzyens performance will reduce without the master planner, Guardiola. He's the brain behind their triumphant prospects over the years, perhaps he got more achievements to accomplished. Manchester City will be too recalcitrant to let Pep Guardiola leave them so soon, after all he achieved the significant trophies that was the primary goals. He's a free man and he can decides to leave any time he feels the time is right.

If it's about the coach then Pep is currently the best in the market and his experience has benefited the club, Pep is a very good asset to the club, and it will even be difficult for manchester city to let the man go, every prospect is actually pep and the man should be proud of himself, to have archived a lot, so let us see what next season to come with, I still have the disbelieve that pep will leave manchester city.
929  Bitcoin / Bitcoin Discussion / Re: A idea from my home boy on: July 19, 2023, 11:27:53 AM
So if he lost those saved words say even if 4 words are lost do you know how hard or say impossible to brute force the remaining one to get access to wallet? This is totally dumb idea and keeping them off mind is totally stupid idea so it's not at all suggested to do.The other option is to write them down and Store them on 2-3 places so if one get damaged others are safe but complete list is necessary.

Sometimes the most simple things are the most difficult things and the issue of saving private keys is a problem once any part of do keys get missing, it will be very difficult for you to have access to that wallet again, and saving it online is not the best option, I don't even like the idea of saving it in your head the best thing to do is just find a secure way to store it, and as you said, it's best to store it in multiple locations. You can also store it in a bank this will help lessen your fear of losing your price key because once it's gone, it's gone. This is something that everyone should keep in mind. not your keys, not your coin
930  Bitcoin / Bitcoin Discussion / Re: Beginners, you don't need Bitcoin first on: July 19, 2023, 10:48:04 AM
I think they can start whenever they want, they don't need to wait until get a job. even my younger brother start his bitcoin investment since he was a highscool student, he was go with anything he has, and now he is rich, of course he also get a job after graduate. in my opinion they need to manage the risk and learn more knowledge. if they do this investment in a smart way then I think there is no problem. but still get a job is important for life. as bitcoin is mostly being traded in exchange site that makes it's price volatile then I think it will be good if they learn about trading too, although maybe they will not become trader but at least they have enough knowledge to know when is the right time to buy bitcoin according to their personal condition.

Is not even about getting the Bitcoin, but rather about having the resources to buy, and I fully understand what the poster is trying to say that sometimes purchasing Bitcoin at that specific time should not be your target is not an investment you get into and start earning money, but the issue now is that if you want to enjoy investing in bitcoin it should be with funds you don't need, which is why I don't encourage people to take a loan to purchase bitcoin as it is a very risky step to take. and the problem is knowledge is always not considered and you can not enjoy being an investor without proper knowledge, left me to get a job and focus on the needful before investing that is just the best.
931  Economy / Economics / Re: Fix the money, Fix the world. on: July 18, 2023, 01:46:46 PM
We can't reny the fact that there are these social segregation between poor and rich. This is the balance we need in our economy. If we all are in equal status, how will the manpower will operate? No one will work physically, if i have money i will just use it to business or investment.

I don't believe there is anything that can be done to stop social segregation it is real and it won't go away. the status will always be there between the rich and the poor, and the rich and the government has made living difficult for the poor the economy is just fucked up, recession hitting everywhere and life has become difficult, and the issue of manpower  the rich will always want to be recognized, the clear truth bro is that everybody can not be rich, make sure the investment you want to do consider the risk and also the demand, before establishing, doing business is not just easy as well in this economy.
932  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: July 18, 2023, 01:08:53 PM
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Atletico Madrid is a club that to be used mainly for business, they're not want to achieve anything and only try to find a potential cheap player, then sell at high price. Barcelona don't have a good financial, it's impossible they would sign Joao Felix. I think he will join in one of EPL club again, maybe Newcastle United, Tottenham Hotspur, Manchester United, those clubs are have a high possibility.

like I always say in my opinion, aside from football being a sport to entertain money to has to be considered business is business and I don't think Atlantico Madrid performs that badly in La Liga maybe since they don't have any good competitors there the only dominant clubs are Barcelona and Real Madrid, So even if they are not carrying trophies since they are making money is not that bad. Joao Felix is still very young, only 23 years old, and I think he should just return to EPL clubs. It will even improve his performance, in my opinion, if you want to get better then you go to EPL clubs. there are good chances of you getting better there.
933  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: July 18, 2023, 12:34:17 PM
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Luckily, Manchester city has Guardiola and trusts him to take care of coaching and planning attack strategies when facing each of his opponents. Guardiola is not only smart but he never gives up even though he failed several times in the previous UCL. He remains confident that he can bring Manchester City to win the UCL last season. even getting a treble winner at the same time which made a surprise to all the other clubs that they couldn't be stopped.

I think everyone also agrees with that, but after seeing that there are some players who might leave Manchester City I hope Guardiola really gets new players who can replace those who have left at least better, I'm sure Guardiola can find talented players because he always picks the right man in the manchester city squad.

I have always envied pep courage and strategy to always succeed in his fast attacks, and that is something have noticed about him, is that he does not give up and that spirit has made him who he is now, going to watch football sometimes you here fans insulting and complaining about either the coach or the players whenever they lose a game and forgetting that it is actually not easy as the fans think, the pressure is just too much on them, even to some extent pep deserves some good credit. pep is not making plenty of moves during this transfer window and when it comes to decision making I always trust Pep to make the best decision.
934  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: July 18, 2023, 11:59:11 AM
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For the next two or three seasons I agree with your opinion, Man City can still be a strong team in the English Premier League and European Champions League. They still have key players who play an important role in maintaining squad depth. John Stones and Kyle Walker are the key players at the back, the midfield is Kevin de Bruyne and Jack Grealish plus Bernarno Silva the vital role that is assigned to them is answered well in every game, in the striker positions Erling Haaland and Riyad Mahrez are still Pep's top choice Guardiola.

If Guardiola loses the names I mentioned earlier in the transfer market then we will see Man City will definitely be busy in the transfer market. Now do we see Pep looking for a player? he looks relaxed despite several players being linked with Man City. Losing players like Gundogan is not a big problem for Pep as long as Bernardo Silva is still alive.

Manchester City is already a strong team in the above-mentioned leagues, and I will argue with you guys, this is sport, and the room for improvement is always given and terms change bro there are terms that manchester united was good, and also Chelsea was all at their peak, and feel manchester city is just at their peak and despite all the credit they should stop acting like demi-Gods, am sure new champions will emerge next season the hype is becoming too much next season is going to be tough, And while other clubs also have good players, Manchester City has an advantage in terms of player utilization because their coach is very experienced. At the moment, I don't believe Pep needs players because he is still keeping an eye on the market. and I have no doubt that other clubs will significantly improve in the upcoming season.
935  Economy / Economics / Re: Is poverty a lack of money? on: July 17, 2023, 07:23:24 PM
Doesn’t seem like right to say it but in the modern age, having no money is definitely sign of poverty. Things are so costly that you can’t keep up with the basic needs also. The food and water which should have been the easy to get stuff is now on the shelves costing 5-10x higher than the base price. In the name of quality and brands we eat food at higher rates.

Why? Because wealthy people have no issue buying it because they can afford it and they are rich because they have money. If you just compare above statement with the definition of poverty then you got my point. Sad but true.

I fully agree with you about when you do not have money that's poverty and not being able to afford basic needs is still poverty the problem now is majority of the world population are broke, man and can not afford to feed, and getting a job and after getting the job the earn can not keep up with the bill, they just made the world more difficult since everything is just too expensive, things will not get better am sure of that.
936  Economy / Gambling discussion / Re: I am only trying to stay safe by gambling less on: July 17, 2023, 11:25:12 AM
There are numerous individuals who share the same desire as you to reduce their gambling habit. However, only a select few have the means to do so while still maintaining safety. The allure of gambling can be difficult to resist due to its enticing nature and the difficulty of avoiding certain triggers.

Furthermore, for those who have developed a true addiction to gambling, reducing their habit can be an uphill battle. Even taking a break from gambling can be a challenge for those who are already addicted.

Therefore, it is crucial for gamblers to limit and reduce their gambling habits to prevent excessive addiction.

The word gamble less is the best, but a difficult principle to maintain and that's where I like the statement you made of a lot of individuals sharing the same desire, forgetting that anything that involves cash just makes the whole thing more difficult, once you a get win, you keep trying to get more wins and that is when addiction starts coming in gradually. bro people that are addicted don't take breaks I have seen this before the only thing is that, if you can get busy and you have another source of income your mind can gradually drift out from the part of gambling.
937  Economy / Gambling discussion / Re: You must do this if you want to QUIT or NOT on: July 17, 2023, 10:57:46 AM
Don't you think it all depends on individuals?
Whom ever that wants to control himself or herself from being an addict would surely do that because what I fully understand most from people is that they centered their mind on always winning without knowing that alone have brought them selves down to constantly keep losing while gambling. At point of continuing to gamble and chasing lost is what usually attracts being an addict. We should try to reduce our focus and efforts and whomever that can adhered to it would surely know how to control himself or themselves in terms of gambling addiction.

Not just personality but willpower has to be there too, the body might be willing but the mind is not willing especially when it comes to addictions, have you ever asked why it is always difficult for smokers to quit smoking despite trying to quit, and what am trying to say in a nutshell is that it is always difficult whenever the line is crossed and its already an addict, and the issue of were their mind is always centered on always winning is the problem, and they keep playing on till it turns to a daily routine were they must bet everyday, the best thing like you said it should not be an everyday thing.
938  Economy / Trading Discussion / Re: Emotion and Trade? on: July 16, 2023, 10:51:52 PM
Emotions in trading is like water and oil, they don't mix well. If I've learnt one thing in this space it is patience. First you need to refine your analysis skills, master the skill of trading, employ patience and eschew emotions because it can alter your decision-making. Most traders today resort to using bots not because they lack the skill but because they can't trade without emotions, so consider AI grid trading if you find yourself in that category, maybe Bitget's AI Grid trading for a start

you have made a very good point, and a very good description you gave about water and oil, they can never mix and it is better they don't mix, and people don't even have the knowledge and they want to do crypto, which is not a very good way to move, and after buying they don't have patient to wait for the next market to get a huge profit, and I think the fault is from does introducing them, from the basics its better to make it very clear how the system works and what triggers the market and how the market is not predictable and encourage them to have patience.
939  Economy / Economics / Re: Can your passion lead to an increase in your net worth? on: July 16, 2023, 10:08:36 PM
There are many diverse opinions about following one's passion and wealth. I read two stories of people who followed their passion, and in a short period of time, the businesses became very profitable.

In story 1, Defossey left a job at Apple to open a BBQ restaurant in Mexico City. It made $9 million in sales last year. In story 2, Sean Audet, a 30-year-old, spent $0 launching a food photography side hustle, and now he brings in $134,000 a year.

The people in these stories followed their passion and created wealth through it. What is your opinion on following one's passion in relation to wealth? Can your passion lead to an increase in your net worth? If yes, what is stopping you from following it?




Most times, one's passion may not increase his net worth as without the necessary capital to help turn the passion to a lucrative business, the passion has a high chance of either dying because the stress of seeking for investors and taking loans maybe discouraging or incur loss because the profit gained is far lower than the capital invested.

On rare occasions when there is sufficient funding for the business, the passion would not only increase one's net worth but also serve as a source of employment to many because as the demand for the product increases so does demand for manpower.

It is highly recommended that one have a stable source of income before pursing your passion so that the income from passion isn't the only source of income and in a case where the passion is incurring loss, you still have a steady income to provide for daily necessities.
940  Local / Nigeria (Naija) / Re: FG plans to give 8K to poor households. on: July 16, 2023, 08:34:37 PM
To share money to people no even be the thing because me I know say na scam we go see. No be so the school feeding take dey happen until breeze don blow and we don see the colour of fowl yansh, if you know, you know  Grin

Government no dey do wetin Dem suppose do. Dem always want make loop hole for syphoning our money. Nothing stop government to identify the people wey go get this through BVN. But make them build infrastructure, no be the story of sharing money because na scam.

I am wondering how they are even going to distribute the money, is it that people will apply or what strategy will be used aside from it being a scam as far as our leaders are concerned, what annoys me most is that, 8,000 naira is too small to be shared is better they don't even give anything at all, a country like Nigeria sharing 8k with all these plenty expenses, not worth it, I actually expected more from the government, am sure they won't even pay.
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