One large 2 kg (about 4 lbs) octopus2 onions, finely chopped5 garlic cloves, minced2 and 1⁄2 cups of red wine or more1⁄4 cup of olive oil2 teaspoons of hot sauce (or to taste)1 teaspoon of cumin2 teaspoons of paprika1⁄2 teaspoon of black pepper1 teaspoon of garlic powder8 potatoes, peeled1⁄2 cup of water, if neededSalt (to taste)