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Is USDT a scam coin? Everything you have to know about the oldest stable coin – Tether

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Is USDT a scam coin?

Introduction

Tether is useful for crypto investors because it offers a way to avoid the extreme volatility of other cryptocurrencies. Furthermore, having USDT removes transaction costs and delays that impair trade execution within the crypto market.

What is Tether (USDT)?

Tether is a stable coin pegged to the US dollar, also known by its ticker; USDT. A stablecoin is pegged to a fiat dollar, meaning that it is unaffected by the price of bitcoin and the wild swings of the crypto market.

Stable coin, tether, or USDT is the third biggest cryptocurrency by market capitalization. It’s also the biggest stable coin on the market. But its popularity doesn’t necessarily make it a safe investment. People use stable coins to facilitate cryptocurrency trading, transfer money, and earn interest.

However, the lack of regulation and transparency surrounding these coins, particularly Tether has authorities on edge.

Is Tether a scam coin?

Going back to three starters, central banks are regulated in any way by any country other than the British Virgin Islands. It’s not audited has been fined by financial regulators for financial misconduct, and revealed that its stable coin is mostly not backed by the US dollar tether still trades at about $1 Why? financial scams are unraveled when asset holders demand compensation at the same time, and when the financial institution cannot compensate customers However, such a bank run could be avoided and scams could go on for very long times, or possibly indefinitely.

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Why is Tether possibly a scam?

So why is Tether possibly a scam? Is Tether just a scam to enrich Bitcoin investors? Tether is a controversial cryptocurrency with tokens issued by Tether limited which in turn is controlled by the owners of BitFenix Tether limited formerly falsely claimed that each token was backed by one US dollar but in March 2019 changed the backing to include loans to affiliate companies. The BitFenix exchange was the subject of a lawsuit by the New York Attorney General, but using tethers funds to cover up $850 million in funds missing since mid-2018.

Anyone's seen Tether billions

The investigation found that knife and axe the operator of BitFenix and tether made false statements about the backing of the tether and about the movement of hundreds of millions of dollars between the two companies to cover up the truth about massive losses by BitFenix. 

According to the New York Attorney General tethers claims that its virtual currency was fully backed by US dollars at all times it was aligned with all the buzz around USDT. There is a rising concern about crypto enthusiasts about whether tether is a scam. It has been facing several controversies regarding its authenticity. 

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The controversy began with the price value of USDT fell below one US dollars. Surprisingly though, there was a subsequent fall in the values of other cryptocurrencies as well. Many believed that the claim of the company that says each USDT is backed by equivalent cash is false, and even if it’s backed by USD, it’s still not verified or regulated aptly. This implies that if all USDT holders liquidate their USDT, there won’t be any backing USD left and people will end up losing their equal price value. 

Meanwhile, the United States Attorney’s office recently filed a civil complaint accusing four digital wallets containing more than 9.8 million tether or USDT of being involved in wire fraud, computer fraud and money laundering. The complaint was led by US Attorney Tracy Wilkinson in April 2021, a California resident was swindled out over 200 Bitcoin or BTC by someone pretending to be a Coinbase employee or documents dated. It appears that the unidentified victim shortly after buying some 200 BTC at Coinbase Pro was contacted by Coinbase customer service and alleged representative of the platform until the victim that the amount of the purchase had frozen the victim’s account, and that a transaction limit increase was required to process the funds. 

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Furthermore, the scammer suggested that the victim upgrade to Coinbase prime. Within a few hours. Several smaller transactions were also executed, which resulted in the theft of nearly $11.5 million in digital assets from the victim’s Coinbase account. 

The claim further describes how the digital assets were divided up into smaller transaction pieces and later concentrated in the forest suspect wallets. Experts further believed the recovery of stolen cryptocurrency is an urgent need as one of the biggest issues in the space is stolen digital assets. Hopefully, law enforcement as well as civil litigants will take more actions like this. 

Having said that, he was DTS facing several legal if someone says on the charges of making false claims and money laundering, even after so many controversies USDT Still having large training volume instabilities always the cryptocurrency world is full of uncertainties and the intricacies are still not clear enough for the average user.

Conclusion

 for USDT, we really don’t know if it’s a scam or not, but it has proven very useful for users. For short-term use. It’s providing high stability.

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How much do cryptocurrency bloggers earn?

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How much do cryptocurrency bloggers earn?

If you are curious about a way to make cash as a cryptocurrency blogger, you are in the right place.

In this article, we’re going to talk about the diverse approaches by which you could earn an income through your writing.

We’ll begin by outlining the fundamentals of cryptocurrency and running a blog, after which we’ll circulate directly the diverse ways that you could monetize your content material. We’ll additionally offer a few suggestions for developing your target audience and creating top-quality content. So, if you are geared up to begin creating wealth as a cryptocurrency blogger, read ahead!

Table of Contents

What are cryptocurrency bloggers?

Not sure who the cryptocurrency bloggers are? They’re the people who write approximately about Bitcoin, Ethereum, and all matters cryptocurrency.

They may be specialists within the area or simply beginning out; however, one issue is certain: they may be obsessed with the topic. And as the recognition of cryptocurrencies continues to grow, so does the demand for nice content. 

So if you are contemplating beginning a cryptocurrency blog, you could guess that there may be lots of possibilities to make cash. 

Read: How much can I make as a blockchain developer?

How cryptocurrency blogs make money

Cryptocurrency bloggers can doubtlessly earn a number of dollars, depending on their level of information and the quantity of time they’re inclined to spend making money on their blog. For example, a few bloggers have mentioned earning up to $10,000 per month from their blogs. This is an outstanding figure, and it’s easily achievable with determination and hard work. However, it’s crucial to understand that this isn’t always the norm, and most cryptocurrency bloggers will now no longer make this form of cash.

The additional amount of cash a cryptocurrency blogger could make depends on the type of content they produce. For example, a few bloggers may be aware of the importance of supplying academic content, including tutorials and guides, at the same time as others may be aware of the importance of supplying information and analysis. 

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Educational content has a tendency to be more lucrative, as it may be offered at a better rate than information and analysis. Additionally, a few bloggers provide consulting offerings or create services associated with cryptocurrency, including buying and selling bots or software program tools, which can also be very profitable.

Who are the top earners within the field of cryptocurrency blogging?

So, you need to recognize how much cash you could make as a cryptocurrency blogger.

Well, it genuinely depends on who you ask. There are a few bloggers who’re creating a fortune, while others are nevertheless simply scraping by. But as a general rule, the more famous and well-respected your blog is, the more money you could assume to make.

There are some pinnacle earners within the area who are really worth mentioning. For example, David Genix from Davidgenix.com, John Biggs from TechCrunch is a writer, consultant, programmer, and former East Coast Editor. He writes especially about technology, cryptocurrency, security, gadgets, gear, wristwatches, and the internet. He is expected to have made over $500,000 from his blog in 2017. And David Seaman, who became a visitor at the Joe Rogan Experience Podcast as soon as it launched, has mentioned incomes over $100,000 in an unmarried month on his blog.

Obviously, those numbers depend on your visitors and how engaged your target market is. But if you are trying to make cash as a cryptocurrency blogger, those are the people you want to be following.

How much can a cryptocurrency blogger expect to earn?

You are probably wondering how much you might earn as a cryptocurrency blogger.

Unfortunately, there may be no clean solution to this query because it relies on a number of factors. For example, how famous your blog is, how regularly you post, and what kind of content you write will all have an effect on your earnings.

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If you need to maximize your earnings, I suggest posting often and writing engaging, beneficial content as a way to appeal to readers. You also need to recall accepting donations or promoting services in your blog.

Read: How to reduce Cryptocurrency Risks and Protect your Profits

What skills and expertise help with earning From a cryptocurrency blog?

You are probably wondering what capabilities and know-how assist with generating income from a cryptocurrency blog.

The most critical talent is manifest expertise in the cryptocurrency marketplace. This may be hard because the marketplace is continually changing; however, if you’re updated on state-of-the-art information and trends, you will be in an excellent position to provide insights and predictions that your readers will find valuable.

In addition to expertise in the marketplace, it is also critical to know how to write well. This approach is capable of expressing your thoughts truly and concisely. You do not want to be an expert writer, but being capable of expressing your thoughts in a manner that is easy for others to understand is critical.

Factors that affect cryptocurrency blog earnings

In addition to the type of content material you produce, there are numerous other elements that can have an effect on your earnings. For example, the scale of your target market is a critical factor. The larger the target market, the more potential there may be for making a living via marketing and promoting products. Additionally, the quality of the content material is likewise critical. If the content material is well-researched and engaging, it’ll entice extra readers and doubtless extra profits.

Finally, the quantity of time you’re inclined to put into your blog is likewise a chief factor. The more time you spend growing content material and selling your blog, the more likely you are to earn cash from it. Additionally, having excellent expertise in SEO (search engine optimization) allows you to grow your visibility and reach a bigger target market.

Finally, it allows for a few simple Internet improvement capabilities. This can be available on hand in relation to putting in place and dealing with your blog. Knowing how to code isn’t always necessary, but it may surely be a precious asset.

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How to build a successful cryptocurrency blog

Building a hit cryptocurrency blog takes a number of years, but it may be pretty profitable both financially and emotionally. First and foremost, you want to be a professional at the topic. You have to have an organization’s expertise in the way the generation works, in addition to the state-of-the-art information and trends within the space.

Second, you want to be an excellent writer. This is critical for any sort of blog, but it is particularly critical in the cryptocurrency world due to the fact that there is a lot of complicated jargon. You want a good way to give an explanation for complicated standards in simple English (or whatever your blog’s language is).

Third, you want to be energetic on social media. This is how you will acquire new readers and develop your target market. 

Last, but not least, you want to be patient. It takes time to construct a hit blog. But if you keep at it and roll out first-class content on a regular basis, in the end, people will become aware, and you will begin seeing results.

Conclusion

So, in case you’re contemplating beginning a cryptocurrency blog or are already in the process of doing so, it is critical to understand what you may doubtless earn from it. The correct information is that there is the ability to earn a lot, but the amount you are making will depend upon some elements, including your blog’s reach, the quality of your content, and how you are capable of monetizing your blog.

At the end of the day, cryptocurrency blogging is an excellent way to make a few extra dollars and will even grow to be a full-time profession if you’re capable of constructing a huge and consistent following. Just ensure you put in the tough work and convey tremendous content, and you also have to be to your manner to earn an excellent profit out of your blog.

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Swapnex.io Review – Legit or a Scam?

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Is Swapnex Legit or a Scam?

I have explained the following questions in this article:

  • What is Swapnex?
  • Swapnex Registration
  • Swapnex login
  • Swapnex Compensation Plan
  • Swapnex Referral Commission
  • Swapnex monthly Bonus
  • Swapnex Leadership Bonus
  • Swapnex Products
  • Swapnex Who.is Domain information
  • Who is the owner of Swapnex?
  • Is Swapnex legit?
  • Is Swapnex a scam?

Today, we are going to review Swapnex.io, What it’s all about, and whether it’s legit or a scam. Let’s get right into it.

What is Swapnex?

“Swapnex allows traders to sell and buy crypto within seconds at several currency exchanges concurrently”.

“Access Binance, Coinbase, Bithumb, Kraken and other world’s biggest exchanges via one platform’.

Swapnex.io Website

Swapnex claims to be a cryptocurrency arbitrage AI bot trading platform where you rely on them to trade and generate profit for you.

In one of our articles; What is Crypto Arbitrage? – A comprehensive guide, we explained what arbitrage is all about. Arbitrage is the opportunity to spot and make profit from marginal differences in prices across different exchanges; for instance, you can find a particular coin at $6.992 at Binance and the same coin might be available for $6.970 at Kraken.

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That means you can buy from Binance and sell at Kraken for a profit of $0.022 per coin. This is what arbitrage is all about. You should also take note that the different exchanges might also charge you deposit/withdrawal fees which will deplete some of your profits.

How does Swapnex work?

Swapnex invests in cryptocurrency (AI Arbitrage) on the promise of a passive return.

Swapnex Registration

To register on swapnex; go to https://swapnex.io/auth/signup. solicits investments in Bitcoin, Tether, Ethereum, Litecoin, and Dogecoin.

Swapnex Login

You can only access the login feature after you must have registered.

Swapnex Compensation Plan

Swapnex compensation plans are as follows:

  • Start – $200 (30 to 90 days lock)
  • Personal – $500 (120 days lock)
  • Professional – $1500 (180 to 360 days lock)

While we quoted the amounts in USD here, Swapnex solicits investments in cryptocurrency.

Swapnex Referral Commission

Swapnex pays referral bonus via a uni-level compensation structure. A uni-level structure places an affiliate at the top of a uni-level team, with every personal affiliate placed directly under them (level 1).

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original uni-level team.

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If any level 2 affiliates recruit new affiliate, they are placed on level 3 and so on and so forth.

  • Level 1: 10%
  • Level 2: 2%
  • Level 3: 1%
  • Level 4: 0.5%
  • Level 5: 0.5%

Swapnex monthly Bonus

The monthly bonus is calculated on “total profit” paid to personally recruited affiliates.

Swapnex Leadership Bonus

The Leadership bonus is a monthly bonus given to investors whose downlines reach some investment milestones.

  • Generate $1000 in downline investment and receive $10
  • Generate $2000 in downline investment and receive $20
  • Generate $5000 in downline investment and receive $50
  • Generate $10000 in downline investment and receive $100
  • Generate $50000 in downline investment and receive $500
  • Generate $500000 in downline investment and receive $5000

Swapnex Products

There is no legitimate product or service on Swapnex, they pay members from existing members investment.

Swapnex Who.is Domain information

Swapnex.io who.is page

From the who.is Swapnex domain information, Swapnex was registered on Namecheap server. We can agree that Swapnex domain was registered on the 17th of December, 2020, the doman will expire on the 4th of April, 2026.

No information about the domain registrar was revealed.

Who is the owner of Swapnex?

Swapnex is impersonating “Rupert Godman” who they addressed on their youtube channel created on the 2nd of August, 2021 as “Marcus Huber”. After diligent research, we found out that the CEO presented is not real and Swapnex is hiding some information from the public.

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We conclude that the owner is obviously a European scammer.

Conclusion

Red flag(s) for Swapnex

  • Obvious Ponzi scheme format
  • We have received plenty of reports from investors
  • No active social presence
  • The platform is not transparent enough
  • No physical proof of the company’s address

Green flag(s) for Swapnex

  • Partially paying
  • Good Website quality

Average Trust score

  • FINANCIAL SECURITY: 10%
  • WEBSITE QUALITY: 30%
  • CUSTOMER SERVICE: 4%
  • SOCIAL STATUS: 1%

Average weighted score: 45%

CURRENT STATE: PARTIALLY PAYING

Is Swapnex legit?

Swapnex.io is not a legitimate Arbitrage AI trading platform, you have to be very careful with it. It has almost the same pattern as COPTS Arbitrage AI trading platform.

Is Swapnex a scam?

Due to the obvious Red flags we’ve discovered in Swapnex.io, we have no option but to conclude that it is a scam, if you must invest in it; invest with carefulness.

Thank you for reading our honest review on Swapnex.io. If you have any questions or comments, you can leave them below in the comment section.

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THE SECRET POWER OF THE UNIVERSE (November, 2021)

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Law of success Front - DavidGenix

Introduction

Everything – living and non-living, on the earth and in space, is energy. This energy, contained in the universe gives connectedness to everything!

The secret power of the universe by Jenny Loveless

Chronicles

“Like the law of relativity and the law of gravity, the law of attraction is also a proven universal law that we cannot defy.”

“The law of attraction states that we create things, events, circumstances, and the people that come into our lives by our thoughts and feelings. This means that we can have, do or become anything that we choose by using our thoughts in positive ways. On the flip side, because there is no way around this universal law, the reverse is also true.”

“With the law of attraction, every human being on earth has the same ability to create their lives precisely the way they want it.”

About the Book

The Secret Power of The Universe espouses ways by which we can use the Universal Law of Attraction to our advantage.

Summary

Coincidences are the Law of Attraction in action

The more intense we use this law the more results we get. It often gets to the point where it becomes our default. All the things begin to work your way and you think they are mere coincidences.

“There is no such thing as coincidence; everything we view as such is the Law of Attraction at work.”

The law always holds

People either do not understand LOA or do not believe in it. That is why naturally negative people end up manifesting misery into their lives. The law of attraction is on auto, it’s always at work.

 The essence of learning is to help us use it more productively so that we can manifest goodness into our lives.

Fortunately, we have free will which not only is about the choices we make when it comes to what we do but also the ability to choose our thoughts.

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“With free will and the never-ending space of energy that we have been given to create with, we have the power to make magic happen.”

You can use The Law of Attraction:

  1. Deliberately and positively,
  2. Deliberately and negatively or
  3. Completely by default.

You make the choice or The Law of Attraction will choose for you. Living by Murphy’s Law; everything that can go wrong will go wrong. Pessimism will never get you anywhere.

E=MC2

Energy = Mass and the square of the speed of light. What this means is Energy becomes masses. Our thoughts are energies and they, therefore, become things.

God/Higher Power has given us beyond the atmosphere, profound space with endless supply of possibilities. Our space contains planets, stars, and others. In between them is ‘nothing’ it contains ether where thoughts are processed.

We Create our Own Destinies

We do not have any preordained plans. We only have purposes to be discovered. We are to make out our plans to reach the purpose. However, our purpose doesn’t have to be grand or poetic.  Our purpose is usually in simple things.

The universe only brings us things it thinks we have, so feel what you want and be grateful to whatever you believe brought it to you.

  • Success, like emotions, is contagious. Have a feel of what you want and associate with people that have it already.
  • Feel, act, visualize and believe you are that person you want to be and soon you’ll be.

Let Go and Detach

The when and how of what you visualize is not your business. It will all get done. Worry and stand the chance of keeping your desires away for life. Let it go and think positive thoughts about if you have to think about it.

Attachment stems from fear. If you love something, let it go. If you’re too attached to something you already have, you’ll lose it.

Gratitude 

Be grateful for all things – what you have and whatnot. Remember it’s all in you. You are just yet to acquire it.  

How the LOA Helps Us Manifest

Our desires and emotions are a spectrum of frequencies with desires on the higher end and emotions on the lower. Our emotions are like magnets that attract people and things on the same frequency as us. If you do not raise your frequency above all the negatives you just might not raise your emotions to the upper part of the spectrum where desires reside.

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It is not quite easy to change your emotions but doable by deliberate practice. Use music, friends, families, and generally things that make you feel good.

Read the Signs

“Every time we ask for something, we are given an answer. It could be that what we have asked for is directly brought to us. It could be that the resources to acquire what we want is brought to us or it could simply be that an answer to a question is shown to us. No matter what it is that we ask for, we always receive some sort of answer. It is up to us to recognize the answers we are given and use them to our benefit.”

Intuition and gut feelings are important in all of these. A lot of the time, our conscious mind talks us out of believing the signs simply because they’re too subtle. These signs come a lot as coincidences, but they aren’t mere coincidences, it’s the Higher Powers communicating with us.

Action

Action is the foundation of all success. Using the LOA doesn’t mean you’ll just sit and wait around for things to happen. Take swift actions as too much time spent on decisions lessens the time spent on implementation.

Defer no time, Delays have dangerous ends. Achieving goals is work but when it is what you love to do, it becomes like a playground. When we persist in doing something it becomes easier, not that the job becomes easier but our abilities expand.

Time Delays

There’s always time delay to our questions, even after asking God we might not get the answers as soon as we expect. Don’t fret. Everything we visualize takes some time to materialize. Time delays may be opportunities for us to change our minds if need be. Or an avenue to show us something better along the way. God always knows better.

There’s no set limit to the time it will take for our visualizations to materialize but beliefs and how much emotions put into our desires make much difference.

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Goals

Set goals to have something to aim at. Make sure they’re big and almost not achievable; small things are really not accomplishments.

Relationships

LOA helps you to turn around relationships by having a positive outlook on people’s behaviors and personalities. You worry less and can even influence how people treat you.

When you see qualities you love in people admire not only from afar but also tell them. You create happiness with your positivity and extend it to others around you.

Health

You may not be able to cure the afflictions but you’ll live a normal and fulfilled life if you apply LOA.

Money

You can attract money in similar ways simply by sending out high-frequency energies. You have to believe that money is a part of you and is connected to you like every other thing in the universe; you do not need to seek but find it within you.

Confidence

The higher you feel about life, the more you get out of life. Confidence is a key in making sure we achieve our goals.

Repetition and positive self-talk can be used to entrench confidence for people who do not naturally have it. Use the LOA to brainwash your subconscious mind to believing that you CAN and you WILL.

Final Words

“I urge you to take full advantage of this precious gift of the law of attraction. Put it to use in all areas of your life; use if for financial wealth. Everyone wants to be financially wealthy but don’t stop there. Use it to not only get the things you want, but also use it to become the person you want to be.”

To Whom Do I Recommend This Book?

I recommend it to that person who is relatively new to the LOA and wants to try it.

Why Do I Recommend This Book

It’s a short read and a balanced approach to motivation.


Download Go Pro (THE SECRET POWER OF THE UNIVERSE: HOW TO USE THE LAW OF ATTRACTION FOR MANIFESTATION) E-Book.

P.S: You are to note that we don’t have the copyright to this E-Book, All downloads links are from external sources.

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