I am quite new to the crypto, investing, economy and all that...so far really got interested in about a year ago. So far what I see is lots of lack of similarities in opinions of youtubers, blogers and mass media. Some sources are shouting like creasy that a great recession is coming and it will hurt everyone so bad like never did. More moderate youtubers are doing some analysis and basically what they saying is, well there could be recession, and that is ok, this is how you get markets cleaned up. And there is third part that says, no everything is ok... unemployment is high, GDP is rising so technically we are not in a recession.
So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )
If we consider Covid to be an anomaly that caused an unexpected recession due to the effect it had on supply chains while also messing up consumer demand, then we were already well over due for a recession by the time it arrived. It made a relatively mild correction and recovered very fast, to the point that it is an economy after thought and the next crisis is brewing. It seems like inflation is going wild at the moment, it's starting to filter through to mortgage rates which will eventually bite the lowest and middle income earners the hardest. Energy prices shot up (although they are coming back down) and that feeds through to almost everything we do and buy - it appears to be the next instigator for recession. |
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What's your favorite thing to do when you get a bad loss?
I kinda like to get out and doing something to get some happiness going again after a big loss. It could be as simple as going for a walk to get some fresh air or as far as booking a nice holiday as something to look forward to in the future. However I've gotten to the point where it is rare to wager a large amount because the returns are rarely worth the chance of losing it all. I might even divert money towards some other hobby, even buying company stocks after doing some research - to know that at least the next batch of money went into something more productive and less likely to lose everything, with a good chance of going up in value and paying back extra over time. |
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I have always heard this saying: You would be addressed the way you are dressed . This also connotes that you should address people the way they dress or appear. In my location you must wear a suit, a shirt tucked in good pants with a tie, or a well-tailored native attire, to prove that you are ready for business or employment. Wearing a jean, T-shirt or any casual wear is indecent in business and you would be treated like an unserious individual. But over the years I have learned that appearance can be deceptive, this has made me treat people or business prospects by their behavior, ability, and productivity and not by appearance. Some reasons for my decision are:
1. Good appearance doesn't guarantee quality: A so-called not properly dressed applicant might be more qualified and knowledgeable than a well-dressed prospect. Therefore it would be proper not to judge them by their appearance.
2. Scammers and criminals hide behind attractive appearances : To deceive people, some criminals dress presentably because they want to divert the attention of their targets. In my location, most Ponzi scheme operators always dress corporately at all times, just to give the people the feeling that their funds are in the custody of responsible persons.
3. Limited time: Thinking of what to wear can be time and strength-consuming. Most people that are too busy with work or other engagements might not give adequate attention to what they wear. As long as the clothing is clean and good to wear, they are okay with them.
4. Weather condition: It is very important to wear clothing that suits the atmospheric condition at a particular time, but most people especially in Africa don't understand this fact. I have been forced to wear a three-piece suit under the hottest sun I have ever experienced because my organization wants me to look presentable and corporate. I was sweating like a Xmas goat and all my clothes got soaked. But a T-shirt. a pair of jeans and a simple shoe would have given me the smartest look at that time.
5. More attention to the inside: Some perceived poor dressers feel that the mental and emotional well-being of an individual supersedes the physical looks. They believe that virtues like creativity, interpersonal skills, selflessness, contentment, etc are far better than appearance.
6. Poverty: indeed, looking good or corporate might not be very expensive but the truth is that some persons cannot afford them. Some individuals cannot provide a meal for themselves because of poverty. It would be unfair to look down on such persons maybe during interviews or business proposal meetings because they are not well dressed. He might be the most qualified.
It is good to look nice and attractive but looking down on people that you feel are not well dressed might not be the best option.
You should always try to maintain a good appeareance, which includes personal grooming and wearing the proper clothes for the occasion. At least until you're rich enough that you don't need a job and at that point you can dress whatever you like. That's probably the best policy to go for, although it can really vary between different workplaces - if you walk into a factory or warehouse you might expect to see everyone wearing relatively casual clothing. If you walk into a solicitors office you might be more assured and impressed it they wear a shirt or maybe even a full suit, because it gives the appropriate level of professionalism when it comes to handling large sums of money or potential court cases. |
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Reading this article, I couldn't help but wonder about a lot of things that have gone wrong and is going wrong in companies. Some of these companies are know that employees leaving are a problem and are making efforts to fix it while other who know, ,amy have chosen to ignore it. Below are some important points highlighted in the article. According to the report, more than 6.5 million people (20% of the U.K. workforce) are expected to quit their job in the next 12 months, according to estimates from the Charted Institute of Personnel and Development (CIPD), which published the data in June after surveying more than 6,000 workers. That’s up from 2021, when 16% of the U.K. workforce said they plan to quit within a year, according to the CIPD. Meanwhile, in March Microsoft’s global Work Trend Index found that 52% of Gen Zers and Millennials — the two generations that represent the vast majority of the workforce — were likely to consider changing jobs within the following year. Data do not lie. If these companies do not want to keep losing this battle they have to start caring about their employees. They have to treat their employees great. In this day and age companies need to start to try to be human and actually care about what their employees care about or at least putting it on the same pedestal with the degree at which the company cares about making profit. We need new generational leaders who are high on emotional intelligence. What do you think? Are companies losing the battle for long term employee retention? It is a double edged sword in many situations, yes you want to retain the very best, innovative and adaptable employees in your company but many employees can get very complacent in their jobs leading to lower productivity and eventual obsolescence of their company. Employees can also naturally expect pay rises over time, even though they are unwilling to take pay cuts during much tougher times for the company and older employees will generally attract much higher costs while potentially coasting on previous goodwill. Few companies in most industries can be successful with very high turnover, because often a lot of experience and skill is lost over time which can be very beneficial. |
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As a gambler we see winning big as success is gambling, do you share and celebrate your winning story with friends ?
Have your winning story or celebration lured someone you know into gambling because he wants to win big like you
OR
Have you ever taught or predicted a game for someone which turn out to be a win,how big was it ?
You raise a good point and that is to be careful who you share your success with, or at least put it into the right context - if you're not telling people about any losses you're having then you should probably not be selectively sharing just the big successes. Make sure you frame it properly as well, such as - I've been sports betting for 5 years now and over that time figured out a way to take a small profit on average over the month, but it requires a fair bit of research and luck. I sometimes share mine but they are mostly small and generated entirely by a bunch of free bet offers on different sites that I use daily, that is enough excitement for me when it comes to gambling. |
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Uniper (UN01.DE) reported a record 40 billion euro ($39.3 billion) net loss in the first nine months of this year, the biggest in German corporate history, after Russia stopped its supplies.
Since the start of the year shares in Uniper have lost 93% of their value, giving it a current market value of 1.1 billion euros, down from 15.2 billion euros on Jan. 3.
This is the worst case and I don't want to focus on this case but point out a different view towards the current situation of stock market. Whenever people talk about stock market crashing these days, their view is in a way selfish because they focus on the money the stock market investors lost. What they are forgetting is that the stocks that lose value are from companies that have employees and are now losing a lot of money. In other words this is affecting millions of employed people. Remember the aftermath of 2008 stock market crash. It wasn't just stock market investors who lost money, it was all the employees that lost their jobs because the companies with shares that got dumped had to downsize, shut down, etc. that eliminated over a million jobs with millions of unemployed people most of whom became homeless. This also highlights the importance of having a well diversified portfolio. Look at bitcoin for example. When stock market started crashing bitcoin crashed too (which in my opinion was an emotional and irrational response) but it stopped because there is no correlation between bitcoin and stock market. While stock market continued crashing, bitcoin remained strong and is now starting to slowly go back up again too. Having other sources of income and a decent portfolio is very important at times like this when you are facing a cost of living crisis accompanied by looming threat of unemployment. Seems like an obvious outcome to losing the vast majority of your supplies, equal to a gold mining company losing mineral rights on their major source of extraction. Companies should be more diversified otherwise this is inevitable and shows that there was a degree of high risk management going on. Then again, the sole purpose of some companies is to act as a shell around one particular purpose and it can more easily be closed now that there is little hope of mending relations with Russia, at least when it comes to oil and gas imports where they clearly cannot be trusted as a reliable partner again. Single companies crash and burn all the time, it's not a big deal. |
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Online casinos and sports betting platforms are big businesses like we all know, and currently considering the economic situation of things around the world many businesses are affected and have been taking measures to cut costs in terms of reducing staff, taking loans etc to still be able to sustain operations. How do you think online casinos and sports betting platforms are adjusting to manage the situation?
You will find that a well setup gambling operation might actually weather a recession fairly well in comparison to some other industries. Like tobacco and alcohol companies, people end up going for smaller releases of pleasure when they can no longer afford the high end fancy cars or holidays that used to get the most spending, so they will continue to spend and maybe even increase the betting spend during such times. Covid was a bit of an anomaly because it caused many people to work from home in certain countries, which gave them plenty more free time and they were not actually able to go out to spend it in many cases - a boon for gambling companies that is unlikely to be repeated any time soon. |
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Banco Santander is a big Spanish bank that first entered the United Kingdom in 1988 with a fifteen-year alliance with The Royal Bank Scotland. In 2004, it began its direct commercial activity with the acquisition of Abbey National. The Bank continued to grow through acquisitions, including Bradford & Bingley and Alliance & Leicester in 2008 and 2009. https://www.santander.co.uk/about-santander/our-historyNow it turns out that it is imposing restrictions on its customers if they want to move their money to acquire bitcoin and cryptocurrencies. The reason: they say it is to protect them, but it is clear to me that they are not telling the whole truth. While there may be some reasonable justification for this, as there are indeed people falling victim to scams in the world of cryptocurrencies, I think the bold highlighting is the crux of the matter. People who get scammed are not usually scammed for having their cryptocurrencies in their hardware wallet, on the contrary. What really happens is they are very upset that people can keep large amounts of digital currency in their own wallets and avoid the bank. Some people call it the Satander Bank. It seems like quite a reasonable stance for them to take, as many people are currently being targeted by scammers in this way - maybe you should blame those "anonymous" people in certain countries picking up the phone to commit fraud against others rather than a bank trying to protect it's customers from a rather common fraud. It is unlikely that anyone will be heavily effected by this move except for maybe traders who would generally be using a business account if they've been doing it for a while. They're saying nothing about users who store bitcoin on a hardware wallet, so I don't understand why you felt the need to jam that in on an unrelated note? |
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Halloween is now over. Perhaps some of you participated in tournaments from iGaming providers. Black Friday is next on the list.
As it is no longer associated solely with marketing campaigns of offline and online retailers, bookmakers and casinos actively support the November fever too.
They offer players FS from providers and various promo activities from the platforms themselves.
Question - are you expecting exclusive promo offerings on the Black Friday?
Honestly black Friday is a fad and doesn't even really make sense to apply to gambling sites - it was originally intended for retailers. But of course you should definitely keep an eye out for any offers going as they have infected every branch of consumer society now. Usually just happy to pick up a free bet or two which might be more favourable than the usual offers, maybe get a few extra free slot games if your favourite site offers it. |
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5 things you should not do with your money to get rich or advance your lives
But I'm not saying that you shouldn't invest in crypto, I think we shouldn't make a hasty decision so that our capital doesn't go to waste.
A lot of good albeit common sense advice that will do well for many people. Avoiding or at least paying off any debt is super important as a starting point, there is good debt like mortgages and bad debt like high interest credit cards which have a reoccurring balance. Once you're starting from zero, it's probably good to have a small buffer of cash available and then slowly learn how to do some modest and conservative investing. |
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Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?
This is a trap that used to be more prominent and you can still find it in another sector - exchanges, but it has generally been squeezed out of gambling sites. They are fully aware that such fees and conditions put off people, so will make every effort to minimize them. There is so much competition in the market that gamblers would simply move along to the next one or get burned never to return again - it's really bad for business in that sense. |
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As fiat currencies dump, some countries are moving towards increasing the amount of gold they have in their reserves. More specifically some of them are dumping US dollar to replace it with gold. For example India recently bought 200 tonne of gold and there is rumors of more conversions happening. China has been doing something similar under the radar. So are others.
However, we haven't seen any significant changes in gold price yet to approve the above news.
I'm wondering what does everyone think about gold price in the long term, specially in coming year or two as the conflicts get worse and more economies crash which would push regular people to invest in gold and more governments to start increasing their gold reserves on larger scale.
As fiat currencies dump, some countries are moving towards increasing the amount of gold they have in their reserves. More specifically some of them are dumping US dollar to replace it with gold. For example India recently bought 200 tonne of gold and there is rumors of more conversions happening. China has been doing something similar under the radar. So are others.
However, we haven't seen any significant changes in gold price yet to approve the above news.
I'm wondering what does everyone think about gold price in the long term, specially in coming year or two as the conflicts get worse and more economies crash which would push regular people to invest in gold and more governments to start increasing their gold reserves on larger scale.
Unless some miracle new piece of engineering or technology comes out that relies on using up more of the limited golf supply, there is not really that much which will affect the price. In many richer countries the population is actually falling which could mean lower demand for things like gold jewelry. It will always retain some values as it has some rather unique and special metal properties which can have many useful applications. At the end of the day though it is a non productive asset, when compared with something like company shares which can pay out a profit or reinvest them every year. |
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I decided to bet big today on allen orland made around 1500 usd in profit today. On a fight. Knew for sure he is gonna win. Last week i made 9000 dollar in accident. I. Huge profit decide to quit gambling until 2023. Here proof that im real man and i won: https://www.loom.com/share/b6e6e779f2554471946f76092bde6495Good job, just don't let it condition you into thinking you are a great and highly skilled sports betting expert. Many people might quit short term but then get drawn back to putting their money in a few weeks or months later because the mind can trick you into only remembering "it was easy money". I congratulate you if you can stay away and keep happy with your sizable win, although in fairness you put a lot of money at risk in order to receive it. |
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Working remotely is now a common thing, and some persons may quickly choose that option of work if offered by a company. Working remotely can become as hectic even more as working in the office if care is not taken. Before sharing tips on how to effectively manage working remotely, some major disadvantages and problems this can cause are; Distractions and lack of boundaries
Many people work from home because they want more time to spend on their hobbies or with their family. But the lack of a concrete boundary between work and home can lead to distractions such as interruptions by the kids or doing domestic chores during work time.
Knowing when to stop
As a remote worker, it can be difficult to know when to unplug and stop working, making work feel never-ending. In one study, 39% of remote workers reported working longer hours than they were supposed to.
Loneliness and isolation
To effectively combat those issues, here are some tips; Find the right space
Whether it’s a room in your home, a shared workspace, or a favorite coffee shop, the environment matters when working remotely. Make sure temperature and noise levels are comfortable for you, you have plenty of space for your equipment, and it’s somewhere you’re not likely to be disturbed. Look for areas that offer natural light to help you feel energized.
Set a schedule
Working remotely often means more flexibility – so you might have more choice about when you do your tasks. But while this can be a very good thing, you might find that not having such strict deadlines means work bleeds into other areas of your life, which can be stressful. So it’s important to set yourself a schedule and stick to it as much as you can.
Get dressed
No, seriously. It may be tempting to work in your pajamas, but it won’t make you feel professional. And it’s not a good look on a video call. Clothes influence our mood and emotions, so wear something that makes you feel motivated, professional and confident. Getting dressed for work will also help you mark the distinction between work and home life, helping you switch off when the working day is over.
Plan breaks
With no prompts to take lunch and coffee breaks, remote workers can find whole days passing in front of a screen. Taking a break is energizing, especially if you can get outside, so set yourself a schedule and make sure every day features at least a walk around the block. If it’s not possible to go out, get some activity going indoors.
Communicate, communicate, communicate
Working remotely requires more communication – not less. Use instant messaging and group chat to stay in the loop with colleagues and projects, video call into meetings, and above all, check in with colleagues and managers.
The biggest problem I've found is removing all distractions. It's very easy to flick on to Youtube or start skimming through somewhere like Reddit endlessly finding new trash to watch when you should be working. To me having separation of going into the office, being around different people and in an environment specifically geared towards working is best for the mind. You can stay focused on the task at hand and depending on the setting you're working in, get exposed to different people throughout your organization who you might otherwise never encounter if you're working at home. Plus you can switch off more easily when there is a physical separation of going into the workplace. |
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Planning is a very important tool and a very essential managerial function. It’s no wonder it’s there amongst the managerial functions and the first function at that.
Planning as an activity never ends and is very important in the management circles as well as in our everyday lives.
Wikipedia defines planning as “the process of thinking regarding the activities required to achieve a desired goal”.
I would define planning as the process in which goals are set, thoughts and actions on how best to achieve the set goals are deliberated upon, the best course of action is chosen and then comes how best to implement the chosen course of action effectively and efficiently.
Planning cannot be said to be overrated as planning is essential in both the workplace and the home. Also very essential in the running and management of a business organization.
On a personal note; planning is more advantageous as it’s an essential process that we must all indulge in for if we fail to plan, we’ve already planned to fail.
As you progress through life you really see the benefits of planning in advance with many things and you'll often find it is a trait that the wisest people use to their advantage in many ways. Just take holidays for example, those people who strategically do research and purchase many months ahead of time will naturally find the most favorable pricing, as those who leave it to the last minute will pay a premium as the remainder are often in high demand the closer the date gets. It applies to many other areas of life, such as Christmas shopping too - if you buy earlier then you can pick up presents for cheaper and there is also higher availability before all the best gifts disappear. |
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You know how casinos have set certain slots to only pay a certain amount to a winner, it it also possible that casinos are using an algorithm to limit how much it can payout for players coming from certain locations to avoid being dragged into legal disputes if a player is paid big money and the local authorities want to know the source and the alike?
It is possible that casinos can do all sorts of tricky stuff with the algorithms behind the scenes, but the real fact is they do not really need to do such things. Once casinos reach a critical mass of players, they can often sustain themselves in a totally legitimate manner because every single game they offer customers is geared to pay them money over the long term. Even sports betting companies engineer their odds with an extra buffer to guarantee profitability. They are sitting on top of money printing machines and professional operations often have no interest in the type of manipulation you describe, they're better off funneling money towards advertising to draw in new players. |
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This is an emotional touching story of a friend who is having some hard and difficult situation feeding for himself. After longtime of searching for paid job with no success he saw a job that will pay him in commission. This means you will have to depend for money with your success in the work daily, weekly or month depend on the agreement. This friend that got a job is now having more hard times to go out looking for customers to buy the product of the company that he is working for because it is a marketing company. He is depending on me for some support like to go to work, sorting him for transporting himself and sometimes feeding and I help to do this for him (a friend that is down today can be up tomorrow and may help you also in future, they say future is pregnant. Help a friend in need). I do this with him sometimes with happiness and good face. I encourage him that soon he is going to make big sales with big profit to cover all the time he is not having profit.
What do you think of it ?
I have to say that being in a job with decent prospects and an increasing salary offers a great level of comfort in life. Although it can vary massively between different professions and some people can have a natural talent for commission based work as you describe, often however companies will take advantage of people by underpaying with the promise of earning commission but with very difficult sales targets. Commission based work in some sectors can often lead to sellers exaggerating benefits, manipulation or twisting the truth in order to sell products and services - thereby deceiving the customer but benefiting the worker. Those who are unwilling to bend the truth will often find the base salary in this commission based job too hard to live on. |
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Lottery – a game with established rules where players buy tickets for a chance to win cash or other merchandise prizes.
Gambling – a game or mutual bet according to established rules whose participants, seeking monetary gain, voluntarily risk losing an amount they have paid in, and where winning or losing is determined by chance, by some event, or by the result of a sport competition.
Sports betting - Sports betting is the activity of predicting sports results and placing a wager on the outcome.
Differences
In a lottery, players compete against other players. A lottery’s prize fund is set in advance and the lottery operator does not participate in the game.
In gambling, players compete individually against the gambling operator. It is in the gambling operator’s interest to win against the players.
In Sports betting - In sports betting players places wagers on sports that include but not limited to football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels.
We have an active gambling discussion section and I would very much love to hear the opinions of experienced gamblers on which has better odds, lottery, online gambling, or sports betting?
This is an idea? Seems like a rather inane, poorly worded and obvious question really. Sports betting is a form of gambling not a separate category by itself. You probably meant casino games which tend to have pre-defined odds or if it's something like live roulette it has a natural tilt towards the house. Sports betting comes in all forms - from the barely profitable x1.01 odds to infinitely high risk and chance of winning, that could really rival the payout of some lotteries. Casino games will tend to have natural ceilings related to max bet size and the casino is much more likely to take a profit over time. Lotteries are tiny chances of winning but usually counter weighed by high payout amounts. |
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Well according to the blog post "Elon Musk has officially become the owner of Twitter after the acquisition closed on Thursday. As reported by Reuters, Twitter’s CEO and CFO, who allegedly provided very little information and provided misinformation, was terminated from the contract and expelled from the head office. On October 27, billionaire Elon Musk officially became the new owner of social media platform Twitter with a bid of $ 44 billion. The deal was completed after a long time when Elon Musk repeatedly changed his mind about the acquisition and went through a legal battle between the two sides. Elon immediately fired the company’s executives and chief financial officers, Parag Agrawal and Ned Segal, and other issues. Legal issues and policy director Vijaya Gadde. These are the people Musk alleges they misled him and Twitter investors about the number of fake accounts on the social media platform". Do you think the Tesla CEO made the right move by firing these top people in the company? There is no denying that Twitter has a lot of shot comings just like every other big platform out and needs some serious overhauling. There are so many complaints about bots and scams and those are the major area Elon intends to tackle. Hopefully, with this new ownership, we are going to see Twitter in a different state. What are your thoughts? It looks like today he also removed anyone remaining on the board of directors to consolidate his power, almost dictatorial in feel but it is clear he is an egomaniac. These two people really got the last laugh anyway, because they got to walk away with huge severance packages, could easily slide into a very senior position at an equally big company and likely have no interest in working with Elon at all. There seem to be many people now who are fed up with his endless bullsh*t and he will likely have to implement major changes, including charging for all sorts of stuff, in order to help him pay off the cost of Twitter. Even Elon knows he vastly overpaid for it. |
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You can when you won a huge amount
There's a discussion here of a guy who won a huge amount but added that he is quitting gambling is it really possible, anyone here have done quitting after winning a huge amount
You can when you lose a huge amount
This is the most popular reason to quit have you done this only to come back
You can anytime you want
Do you have the power to do it anytime that you want.
You have to when you're wife tells you to
I know a lot of guys who quit gambling for good after their wives tell them to, do you know of someone, or at one time you are one of them.
Let's discuss this and thank you for participating.
I think that receiving a big win is potentially the most dangerous if you do not understand the odds involved - if you've been sports betting for years, placing the same sums of money and carefully planning your bets then you might be safe. If you are new to online casinos, somehow strike gold on a slots game and get $10,000 after a couple days of feeding in money, you might come under the illusion that it's an easy win - not freak luck and chance. It's also a bad sign if someone else is forcing you to quit, because you really need to understand and extract yourself from uncontrolled addictions without having to be told to do so by another person, or you risk slipping back into it. |
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