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How do I start my crypto journey as a beginner?

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How do I start my crypto journey as a beginner?

Introduction

It is always common for lots of crypto newbies to become overwhelmed or discouraged after discovering how huge the crypto space is and how much that can be gained or lost. To be honest, cryptocurrency is diverse and this is why it keeps expanding as more people get involved day by day.

You will definitely hear terms like Defi, staking, NFTs, private wallets, blockchain, BTC mining, and so on. All these in their own way are broad with more spaces being created daily.

Besides, let’s not overlook the cryptocurrency scam that you need to be wary of because these scams keep getting more advanced every day such that anyone can easily fall for them.

If you’re new to crypto and you don’t know where to start, but you want to make lots of money from crypto either by being an investor or a trader, you also want to be part of the crypto space, you want to get a job in crypto, learn or build your own cryptocurrency project.

The question that stares at you in the face is “how do I start?”

What you need to know about cryptocurencies

Cryptocurrency is not your next Ponzi scheme/ get rich quick scheme as much as cryptocurrency has the capacity to make you a millionaire does not mean that it is your next money doubling scheme.

You need to understand the fundamentals and basics of cryptocurrency for you to be able to maximize it and make profit from cryptocurrency. Cryptocurrency is simply money evolved.

Money has evolved to what we know it as, cryptocurrency which is the digital form of money. Crypto is simply money evolved to solve a problem. 

What brought cryptocurrency was the fact that money was centralized or governed by authorities; meaning that money was restricted to a certain kind of persons within a country or place. All you need to access finance through crypto is to have internet access.

The first kind of cryptocurrency to exist is Bitcoin. Bitcoin was created in 2008 and every other form of cryptocurrency can be converted back to bitcoin. Each of these cryptocurrencies has what they are offering to the space. What quality a coin is bringing to the space shows how good it is.

Trading is one way to monetize cryptocurrency. 

Each individual cryptocurrency coin is like the serial number on a physical bill without a physical bill. Just like regular bills almost every cryptocurrency can be divided into smaller pieces.

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In the case of Bitcoin, each BTC can be divided into one million pieces called satoshis, which are like cents to a Dollar.

Any difference between a cryptocurrency wallet and a bank account?

A cryptocurrency wallet address is like a bank account except that it has no physical card that goes along with it, it is just an account number. Because you don’t need to provide any personal information to create a cryptocurrency wallet, this means your identity is not attached to your crypto wallet like a bank account is.

Most importantly any cryptocurrency held in your personal wallet is held directly by you, not in the custody of the bank. this means that nobody can shut down your cryptocurrency wallet or block your transactions because you have total control over that account at all times.

The trade-off here is that if you lose access to your cryptocurrency wallet or forget to write down the recovery phase you get when you create a wallet, then you lose all your cryptocurrency forever.

The banks and the governments keep track of everyone’s bills and account balances, these records are stored across all the computers connected to a cryptocurrency network. These transactions and account balances are public and can be viewed by anyone using something called a Blockchain explorer. Because computers can earn cryptocurrency for processing cryptocurrency transactions on a cryptocurrency network incentivize more computers to join the network to process transactions and earn cryptocurrency.

This is called decentralization and it’s the polar opposite of centralized setups of the government and banks.

There are two types of cryptocurrency;

  1. Coins 
  2. Tokens

Coins

Cryptocurrency coins belong to cryptocurrency network that were built from the ground up and bought from the ground up. Someone spent a lot of time and a lot of money putting together the code required to create a safe and reliable cryptocurrency network.

Cryptocurrency coins are the cryptocurrencies given to computers when they process transactions for a cryptocurrency network. For example, BTC is a cryptocurrency coin because the bitcoin network is built from the ground up.

Tokens

Because cryptocurrency networks are so hard to make from scratch, only a few dozens of cryptocurrencies are actually a coin, the rest are cryptocurrency tokens.

Cryptocurrency tokens are easy to make and can often be created in the nature of minutes with little to no effort. This is why they are tens of thousands of tokens out there.

The NFTs are actually cryptocurrency tokens that are like digital certificates of ownership for physical or digital art pieces. NFTs are just the tip of an iceberg of what you can do with tokens.  For example, there’s a company called Circle that issues a cryptocurrency called USDC.

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Read: How to find NFTs before they blow up? – A Comprehensive guide

USDC is fully backed by real  U.S dollar which means that for every one USDC in circulation, Circle has one U.S dollar in the bank. You can create USDC by giving them your dollars and redeem your dollars with USDC.

Another company called Paxos issues a cryptocurrency called PAXG. Each PAXG token is backed by one trance of gold, you can redeem it with physical gold or U.S dollar.

A lot of tokens are nothing more than scams, this is primarily because cryptocurrency tokens are easy to create. All a scammer needs to do is create a token, set up a fancy website, pay for few ads on social media, pay a few news outlets, and get featured on shitcoins.

Read: How to spot fake/scam crypto projects – Read this before investing in crypto

Watch the video below and learn how to create your own token:

Do not invest what you can’t afford to lose! One of the biggest mistakes that so many people have made is just investing more than they can afford to lose, people have lost more money than they were comfortable with losing. They put in a lot of money at an all-time high.

The other things have to look at are: there are like two different types of strategies; You have investors where you just kind of buy, HODL and walk away, and you have traders.

Short-term trading: if a coin is running absolutely parabolic, It’s going to the moon. It’s been going straight up for three days. You should probably sell at some point because assuming it’s going to go up indefinitely, is beyond naïve.

Long-term hold: figure out what projects you like and what projects are aligned with your values, every project has a white paper, read the white paper, join communities, ask questions, and get involved. Get in at a price that’s so low. if it’s a project you want to hold, just simply hold.  If you’re investing in a project that is a newer project that’s recently coming out from an ICO (initial coin offering), you can do more research on that but basically, know the token metrics know the distribution. Did the ICO give massive discounts to pre-sales? were the pre-sale people getting, you know, 50% Bonus 70% Bonus tokens?

Margin trading: Refers to the practice of using borrowed funds from a broker to trade a financial asset that forms the collateral for the loan from the broker. A stock bought on margin generally requires the investor to supply 30% to 50% of the value of the purchase. So you can come over to sites like this for example. BitMEX offers margin trading. 

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Hodling: hodling means if your token or your coin or whatever is falling in value, just hold, just hold it and the price will go back up.

Now, if the coin has gone up, and maybe it’s come down a little bit and you’re starting to notice that it’s getting close to where you bought in maybe just sell. If the token starts to go back up again, maybe you could buy it back .

Market cap: If Tron has a market cap of $1.3 billion, in order for Tron to go to four cents, another $1.3 billion has to enter the market. In order to go to $1 Tron would have to 50x.

Is cryptocurrency safe?

Whether a cryptocurrency is safe or not ultimately depends on the context. For starters, not all cryptocurrencies are created equal. Some cryptocurrencies are built to prioritize speed over security. The consequences of that play out quickly as there are always hackers somewhere looking to crack cryptocurrency networks so they can trick them into creating new coins and tokens to sell for a fancy profit.

Why are cryptocurrencies so volatile?

Crypto natives and investors are no strangers to the rollercoaster ride that is the crypto market. Popular cryptocurrencies can fluctuate 10%, 20% and even 30% within a regular trade. Why is that so? Fundametally, any market is driven by supply and demand, in crypto markets the effect is more exaggerated as there is less liquidity.

Liquidity refers to the ease with which an asset can be bought, sold or converted without affecting its market price.

What makes the tokens in your wallet valuable?

Cryptocurrencies are valuable because of what they do.

Obviously, this value changes on which cryptocurrency we’re talking about. Bitcoin has value because BTC coin has an economic profile similar to gold. it has a maximum supply and only a small amount of BTC is created each day and that amount is cut in half every four years.

Demand for Bitcoin has increased over time as we realize how weak regular currencies can be. 

Which cryptocurrency should I buy?

The cryptocurrency you decide to buy alt down to your timeline and risk tolerance.

In terms of timeline, cryptocurrency market seems to follow a four-year circle.

Looking to buying coins that will 10x? Read: Best 5 crypto coins that will go parabolic this year

PS: this is not financial/ investment advice.

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How to make money online with your WhatsApp status | Earn $15 weekly doing this

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Earn $15 from whatsapp status

In our previous article; Earn $100 daily from your Whatsapp status, today you are going to learn other methods on how to make money online using your Whatsapp status.

Table of Contents

What you need to get started

  • A phone
  • Whatsapp
  • Access to the internet

You can make use of any Whatsapp but I will recommend the Whatsapp Business app, Whatsapp Business has more features than the regular Whatsapp. Let’s get started.

Method 1: Druve

Druve is the first app we will talk about. Druve is a solution that strives to leverage WhatsApp status to earn or spread the word about your product, service, or event.

Druve - earn money placing contents on whatsapp status

Druve pays you to post advertisements on your Whatsapp status. Druve currently caters for two categories of people:

  • The first category is people who want their business, products and services to be seen and interacted with by a large audience at an affordable rate.
  • The second category is for those who want to earn by posting content about businesses on their Whatsapp status.
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For either categories, using Druve starts with downloading and installing the app from playstore using the link below.

Download Druve: https://play.google.com/store/apps/details?id=com.druve.druve&hl=en&gl=US

After downloading, you are expected to set up your account and boom, you are ready for business.

After you have created an account on the app, you will be notified as soon as ads are available to be promoted in your location. You earn from every ad you post on your status from druve app as long as you have at least 42 status views on each post.

The payment is made directly to your registered bank account based on view grade. All Ads on Druve come as an image and a link. You will be paid for posting the link and image.

Method 2: WhatsAd

The second method is WhatsAd, WhatsAd operates basically the same way as Druve.

WhatsAd - earn money from Whatsapp status

WhatsAd pays you for sharing content on your Whatsapp status. Download their App and get started.

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Download WhatsAd: https://play.google.com/store/apps/details?id=com.whatsad.app

Conclusion

That’s all you have to know about earning money from Whatsapp status in this article, you can also make money from other affiliate websites, to know more about this visit our affiliate section.

If you learnt something from this Article kindly share it with your friends.

Notice: We put a lot of hard work and research before writing this article, if you must copy make sure you link back with a do-follow link.
You will be reported to DMCA and other relevant authorities if you copy this article and ignore to link back to the original source.

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What are the best jobs for girls?

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What are the best jobs for girls?

If you are looking for the best job for girls, stay-at-home mum, profession for women, or home jobs for women then you need not look any further because, in this article, we shall be disclosing them to you. 

Which job pays the most money

Table of Contents

Introduction

As a lady, you can make a mark for yourself, work in places or organizations that are being dominated by men and make waves therein. 

There are a lot of jobs out there and ladies should be able to stand shoulder to shoulder with men occupying these spaces at all cost, as a lady, you can leverage your passion, creativity, and love for any job at all thereby standing out and be financially independent and successful in all facet. 

As a student, job seeker, or even a working woman, you can get your dream job and create a name for yourself in the long run. 

Below is the list of jobs that are best for girls, ladies, and working women:

  • Freelancing Job
  • Teaching Job
  • Sports
  • Beauty and Cosmetics
  • Fashion designing
  • Proofreading 
  • Sales and Marketing 
  • Digital Marketing 
  • Content writing
  • Online tutor
  • Yoga trainer jobs
  • Accounting Jobs
  • Law Jobs 
  • Medical Jobs
  • Counseling Jobs
  • Software developer amongst others. 
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Which Job is best?

This list goes endless and if we are to consider others then the ranking might be equal nevertheless here is our final note on the best jobs to go into today:

1. Anesthesiologists: 

The BLS defines anesthesiologists as physicians who “administer anesthetics and analgesics for pain management prior to, during, or after surgery.”

2. Gynecologist 

They are doctors specializing in vaginal, ovarian, uterine, and cervical reproductive health and childbirth, known as obstetricians-gynecologists. 

3. Surgeons

Surgeons perform operations to treat broken bones and diseases, such as cancer. Surgeons help manage the patient’s care before and after surgery. 

4. Orthodontist 

Orthodontists specialize in corrective measures for the teeth and are often referred out by the patients’ dentists. High-achieving orthodontists require good communication skills, as they work with patients directly, plus strong analytical and problem-solving abilities.

5. Psychiatrist 

While all psychiatrists help treat mental health issues, it’s a field with a vast range of specialties. Some work on child and adolescent psychiatry, for example, while others specialize in forensic (legal) psychiatry, addiction psychiatry, or consultation psychiatry, which occurs in a medical setting. 

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6. Air pilot and Flight Engineers

Working in the aviation industry can mean a lot of time away from home, but it also leads to a nice paycheck in many cases. Flight engineers do preflight checks, monitor the plane’s cabin pressure, assess how much fuel is being burned, and perform other important duties.

7. Computer and IT managers 

Computer and information technology managers function to oversee electronic data processing, information systems, systems analysis, and computer programming. They evaluate the information technology (IT) needs of a business or government body and work with technical staff to implement computer systems that meet those objectives.

Which job pays the most money?

Are you interested to know which job pays the most money and spicing up your daily diet, this article unravels those listings for you? Everyone wants to be successful and to become this we need to follow a career path that will lead us to achieve those results. 

Now, it’s time to take sit on your sofa, get a coffee to sip, and lower your back as you read on. 

1. Surgeons

2. Pilots

3. Sailor 

4. Judges

5. Medical doctors

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6. Medical Laboratory Scientist 

7. Radiographer

8. Physiotherapist

9. Petroleum engineer

10. Lawyer

11. Military officer

12. Software engineer

13. IT

14. Entertainment 

15. Nurse 

16. Pharmacist 

17. Graphic designer. 

18. Aeronautic engineer 

The list goes on and on, it’s time to jump into one and dive deeper. 

What job has the highest paying salary?

The so-called degrees or any other qualification in Nigeria are as good as useless and trash in today’s Nigerian labor market. The core reason is there are no employable job vacancies in the field to recruit graduates of such fields or the pay accrued is somewhat nothing to write home about. 

Nigeria is the giant of Africa but the rate of unemployment is at its peak. 

This is a must-read for everyone who needs to consider a high paying job in this harsh economy:

1. Health jobs

2. Digital Marketing 

3. Sales manager and jobs

4. Entertainment 

5. Petroleum engineer 

6. Communication jobs

7. Legal jobs

8. Financial Accounting jobs 

9. Business manager

10. Software engineer

11. Data Analyst

12. Pilot

Check: 13 Best Jobs for Women in the 21st Century

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What is financial planning in Business?

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What is financial planning in Business?

Financial planning is the process of estimating of capital necessary for accomplishing the organization’s business activities and also aids in the creation and planning of financial resources for the future.

What is financial planning?

It relates to the provision of assets, investments, and an organization’s funds management. Financial planning is the process of formulation of goals, policies, procedures, programs, and budgets that refer to the organization’s financial activities.

Financial planning means:

  • Providing appropriate funds
  • Providing an appropriate balance between the incoming and outgoing funds.
  • Preparation of growing and development programs that ensure the long-term sustainability of the organization.
  • Decrease of uncertainty regarding market changes that the organization may face.
  • Decrease of the uncertainty which could affect the organization’s growth, helping to provide stability and profitability.
  • Financial planning means predicting, directing, synchronizing, and premeditated distribution of the elements of an organization’s finance function.

How is financial planning important?

Financial planning helps you to make the best financial decisions based on your needs, goals, and objectives. Additionally, it helps you be in control of your income, expenses, and investments such that you can manage your money.

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You need to note that the most important initial element in financial planning is Budgeting.

For a Budget, you need to:

  • Understand what you spend over a year
  • Set a budget to cover your living costs and all your holidays and entertainment
  • Stick to the budget
  • Reduce your short term debts, such as credit card balances
  • Establish an emergency fund

What are financial planning tool?

Inasmuch as there are paid tools for your finances there are some free tools that are ready and set to go for your financial plans and they include:

  • Social Security Retirement Estimator
  • Retirement Ballpark Estimator 
  • Mutual Fund Amalyzer 
  • 529 Expense Analyzer 

Check: What Is a Financial Plan, and How Can I Make One?

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