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Re: Salary is not making people poor.... Inflation is
in Economics
In my opinion the biggest financial trap is believing salary growth alone creates wealth… while inflation is quietly eating everything behind the scenes. We have a lot of unseen battles folks

If you depend on salary only, there will come a time you’ll ask yourself if you’re really even working to just serve the government, or you’re working to pay up your bills. Everything just looks not worth it in the long term, especially when you don’t have another means to support your salary work.

Before you’ll get one increment in your salary, inflation would have come around to hit several times, this is not a conducive system for anyone. Having another source that can fetch you more income is important and people are no more depending on only one source of income again, they depend on more streams of income.
#1
Re: If Satoshi Nakamoto Returned: Would It Strengthen or Destabilize Bitcoin?
in Nigeria (Naija)
Ironically, Satoshi’s disappearance might just be the best and greatest thing that’s ever happened to Bitcoin, in fact, that could just be the reason a lot of folks are treating it more special than every other junks in the market, so Yeah, that’s basically his greatest contribution and sacrifice for bitcoin. Bitcoin is far better off without a founder, no figurehead. Just Bitcoin.

This has been discussed in the general board often and the best of people’s opinion still remains that Satoshi Nakamoto should continue being anonymous. Being anonymous is what has saved Bitcoin and has given it the value it has now. Knowing the figurehead of such a wonderful technology that governments don’t like, they can easily push him to undo somethings that makes it lose its true meaning of decentralization.

In as much as we all want to know how this man looks or where he’s from, or if they’re a group of people, we will never like Bitcoin to die off after getting to know all this, so upholding the true value of Bitcoin is most important and should be what we should be fighting towards. Satoshi has given up financial freedom, we should embrace and forget about knowing how he looks like, it’d be better for us.
#2
Re: DO YOU AGREE WITH ME THAT ARSENAL BEING TROPHYLESSS WILL END THIS SEASON?
in Gambling discussion
An Arsenal fan told me that he will gift me once they are able to win the champion league trophy this season.

Arsenal has never met with PSG in the champions league finals prior to this. This will be their first time and I’m sure Arsenal are not looking to bottle this opportunity after winning the premier league title yesterday after Manchester City drew their match against Bournemouth.

Arsenal are seen as underdogs in this game, but the zeal and determination will go higher after winning the premier league trophy. This is a most anticipated final game and I hope that Arsenal gets to triumph here to complete the celebration this season.
#3
Re: Is This Blind Betting?
in Gambling discussion
So for those who have been doing this, how was your experience?

Was it actually fun and profitable for you, or just fun but not really profitable in the long run?

Big wins from gambling only come once in a while and they happen when you decide to go after the big odds even knowing fully well that you’ve a low chance of winning but the probability of winning is still not exempted from happening. The gambling industry puts the odds in such a way that you’re attracted to the bigger odds, so even with your small money you can win big. This is their own way of marketing and advertising to you to go for what could be in their favor even though the wins they get will be coming gradually.

The bigger picture of this is that they’re after long term profitability and not short term wins, so your small wins doesn’t bother them when you go for lower odds with high chance of winning. But when you begin to take the big risk and going for the bigger odds, those are where they get those money back because your chances of winning are very small and  it will only happen once in a while.
#4
Re: Why Smart Peoples Sometimes Get Stuck In Gambling
in Gambling discussion
You make a lot of point OP, but as long as you are smart and you don’t get to recover from losses and stay profitable in the long run, then you’re not smart enough as you think you are. Smart people are not that special to the game. They’re also looking for how to track the market process, so that luck could find them again, but often times they forget that their smartness will not bring the luck to them. Anyone can be stuck in gambling irrespective of the approach you’re using into the market. Just make sure you are doing the right thing to stay at an advantage when the luck comes around.
#5
Re: Your confidence as a gambler is important
in Gambling discussion
However since we now know the importance of our confidence towards our bets how then can we use it to our advantage?
I'll start by saying nothing is certain in gambling even a big team or favorite team in their best form can still lose to an underdog by performing poorly on that match. So that would mean our confidence level should drop to 50% irrespective of the kind of teams playing. But as humans we likely wouldn't treat every game desame way probably because of the stat and desperation of the teams playing, irrespective of how informed any team is, your confidence level shouldn't exceed 60% because the greatest factor of luck still stands.

Luck is just the end result of it all, as long as you keep being lucky and the luck finds you, then you’ll be seen as one of the best gambler having the best strategy where in reality you were just being lucky during that period and could all come to an end all of a sudden. No matter how good you are, if you’re not lucky in gambling, luck doesn’t finds you, then you’ll be regarded as a loser in gambling.

The only thing required for you as a gambler is to just make sure you never run out of money to gamble, you’ll stand a more likelihood of getting lucky and getting an edge. This also covers up for risk management, as long as you keep applying proper risk management in your bets, then you’ll stand a chance to stay long in the market and not fail. Being confidence and sticking to a process is not bad, just hope luck finds you and when it keeps finding you using that process, then you’ll stand stand a good can be of getting back to back win which will cover for your previous losses when managed wells
#6
Re: Forex market change?
in Trading Discussion
I have come to notice that forex market changes even as the world changes, and the ability to adapt is another strategy on its own

It's seems harder or different, and I had to start learning like I'm new to the market  Cheesy

I don't know who else noticed this but if you did don't ignore it, take a break and try to understand how the markets moves at this point before you start trading again, learning never ends.

Market conditions changes in the forex market and traders tend to flow with the changes, for those that have understood the market better and know how it works. We have traders that can tell the changes in the market condition is some months that makes the market at that time not a suitable time to trade in and their predictions are always right just because they understood the market and have experience about it.

Being able to tell about market conditions through experience is very important, so as a full time trader, you can spot it and adjust in order to reduce losses during that period. In trading, learning never ends and not everyone can keep up like that without exiting the trading market that’s why the percentage of failed traders are more than the profitable ones till date.
#7
Re: Who will win the race to reach 1 million BTC?
in Bitcoin Discussion
These two companies do not give us the best comparison to be used for the voting. One of them is dependent on other willingness to want to invest in bitcoin through them. They don’t put into consideration the nature or conditions of the market before investing your money into the market.

The other is a company who put into consideration market conditions and use the best approach in order to buy more bitcoins. The number of their bitcoin held looks very close and will look as though they’re in a competition on who to reach 1 million Bitcoin.

The aforementioned reasons and their means of approach into the market when buying that is entirely different and won’t make us have the best answer or vote to be selected. The condition of the market will determine who will be at advantage to reach that number faster.
#8
Re: Bitcoin Pizza Day 2026
in Bitcoin Discussion
What am I doing for Bitcoin Pizza Day? Eating pizza of course.  Grin
I just haven't decided whether I make my own bitcoin themed pizza or simply order one. Usually I make my own, but it will be abbusy day for me so not sure I will have time.

That sounds like a very good idea, to order some pizza on that day and celebrate the bitcoin pizza day. If I can recall correctly, I have only ordered a pizza once for myself during my birthday some years ago, didn’t get the best taste i desired and haven’t been a fan of eating it. Maybe for the cause of this Pizza Day, I’ll try and order another one from another place to have a taste again, maybe this time it’ll feel different and I get to order it more often and celebrate grandiose on Bitcoin Pizza Days.

Quote
In my city there will be a meetup as well where bitcoin enthusiats get together and eat some pizza, whichis organised every year,  but unfortunately this year I won't be able to attend as I have some other obligations.

I have not really seen one happening around me yet which of course I have a feeling it is happening is some parts of my country as well. I’ll be on a lookout for one or maybe we get to organize ours for the first time sponsored by us, for those close by around I know and are bitcoin enthusiasts too.
#9
Re: Is it a cause of concern if your employer frequent casinos?
in Gambling discussion
This all balls down to taking risk and how you’re able to manage the risk taken if things don’t go as wanted. In gambling, everyone is just trying to see if they can predict well and earn some extra money. The employer may as well be looking for ways to increase the services of the restaurant even though this was not the best method to have being employed to use by him. As long as his involvement in betting does not affect the daily processes of the company and you always get your pay check when due, I don’t think that this is a big problem your friend should bother about.
#10