Woo-woo talks | Tarot and Finances? It's all about predictions...
This is perhaps not the best platform to create posts about tarot and oracles, because the use of tarot decks is intimately rooted in our subconscious with the occult, divination, and horror movies, and with ethereality... but also the financial market ends up being shrouded in the same mysteries.
The same skills are essential in both niches. A great deal of research and assimilation of concepts and correspondences, a pinch of intuition, as well as a lot of desire to evolve and create wealth and prosperity in our lives. They both sell lots of courses for beginners and help us realize it's all about recognizing that humans are naturally irrational, and actually start to improve our behavior and make better decisions.
**So, why not talk about tarot on crypto platforms?**
*(: This question is purely rhetorical :)*
There is a huge difference between using tarot cards and oracles as divination tools, or as a tool for mindfulness practice. If we see the tarot as a form of self-knowledge that uses synchronicity to make us understand more about our attitudes, behavior, or blocks, we can understand and even match this type of exercise tool with the science of Behavioral Finance.
Both Behavioral finance and tarot can seem erratic and woo-woo as is the study of understanding the emotional and behavioral side of decision making. The best investor isn't necessarily the “smartest” but the one that behaves wisely, and the investor that makes “informed” decisions most times are actually worse off than the one that trusts the process... *(Buy and hold investors tend to outperform active management, on average, over longer time horizons and after fees, and they can typically defer capital gains taxes.)* https://www.capitalgroup.com/advisor/literature/detail.htm?lit=324271
**Isn't our financial system based on trust?**
Mindfulness practices increase the connections between the amygdala and prefrontal cortex, making us less reactive to stressors and helping us to recover better from stress when we experience it.
**So, maybe tarot it's a good exercise for traders...** ***Aha*****!!**
More woo-woo talks soon... have a great day!
Happiness is solving problems, overcoming challenges, and living outside the comfort zone.
How to Start Earning Bitcoins and other altcoins for free
The cryptocurrency world is very interesting but complex in the beginning. However, there are ways to start creating your crypto portfolio for free while you learn more about this universe. To do it, and regardless of the Cryptocurrency market scenario, in terms of activity or price, faucet sites are a great way to invest in cryptocurrencies without incurring any risk.
**What are Faucets?**
A faucet is a site that slowly accumulates bitcoins or altcoins until collected by its users. The entire process takes some time until you can collect the coins. Faucets generate small amounts of bitcoin (Satoshi) or other cryptos. The user only has to visit it and collect the bitcoins at a certain time interval. To do this, you only need to solve a captcha for the recognition (and exclusion) of any bots.
Faucets are ideal for people who are just getting started in the crypto world. You do not have to buy or set anything up, and it’s all for free. Now, more than ever, it’s the right time to start acquiring bitcoins and other digital coins. All you need is a computer and an email address.
`After months of testing, I chose a small number of Faucets to invest my time in. Honestly, there are few where I feel it’s worth investing. All Faucets recommended here have been properly tested and found to be reliable.`
**(:3** っ**)**っ **Best Faucets OutThere** https://read.cash/@Arcanu/quote-for-the-week-3-f3d00382#3-best-faucets-outthere
This is a good source for free cryptos. The best part is that there are no pop-up windows! Don’t forget to use the promo code they release on Twitter so you can claim again for free, first 7 links only. Promo code valid once for 24h.
ADA ⇢bit.ly/32C2RH0
XRP ⇢bit.ly/2EeW8cK
USDT ⇢bit.ly/2Rybg86
ETH ⇢bit.ly/2Rybg86
Tron ⇢bit.ly/3myCSZ5
BNB ⇢bit.ly/2ZPYcQ2
Dash ⇢bit.ly/3c611Bm https://bit.ly/32C2RH0 https://bit.ly/2EeW8cK https://bit.ly/2Rybg86 https://bit.ly/3myCSZ5 https://bit.ly/2ZPYcQ2 https://bit.ly/3c611Bm
ZEN ⇢bit.ly/2GgefQu - `Remember to validate your email.` https://bit.ly/2GgefQu
BTC/DOGE ⇢ **Cointiply** http://cointiply.com/r/AKO66
Quote for the week (:3 っ)っ
Hello, Read Cash Community,
(:3 っ)っ Best Faucets OutThere
ADA ⇢bit.ly/32C2RH0
XRP ⇢bit.ly/2EeW8cK
USDT ⇢bit.ly/2Rybg86
ETH ⇢bit.ly/2Rybg86
Tron ⇢bit.ly/3myCSZ5
BNB ⇢bit.ly/2ZPYcQ2
Dash ⇢bit.ly/3c611Bm https://bit.ly/32C2RH0 https://bit.ly/2EeW8cK https://bit.ly/2Rybg86 https://bit.ly/3myCSZ5 https://bit.ly/2ZPYcQ2 https://bit.ly/3c611Bm
ZEN ⇢bit.ly/2GgefQu https://bit.ly/2GgefQu
BTC/DOGE ⇢ ****Cointiply**** http://cointiply.com/r/AKO66
(:3 っ)っ **Forecast Platforms**
Pynk Community
The world’s first People Powered Investment platform, Multi-Award Winning London Fintech that helps you learn and earn.
⇢ ****Predict, Learn & Earn**** https://beta.pynk.io/r/Arcanu
**1 - Register for free**
Become a Pynkster today & start earning your first Wisdom Points.
It only takes a few minutes each day and it's fun! So what are you waiting for?
**2 - Earn with Pynk**
The key to success is consistency, so try to predict every day across multiple asset classes. We reward accurate predictions with additional points.
**3 - Claim your Rewards**
Your earned Wisdom Points are exchanged for rewards at the end of every quarter.****
**SwissBorg**
**Invest in crypto assets, the Swiss way.**
I've predicted the future of Bitcoin 5 times and earned 2 Badges, Psychic and Loyal! You should too :) Use my reference code **BUBCK2Q** to signup at https://www.swissborg.com/community-app-referral
(:3 っ)っ**Masternodes and Staking**
⇢ MyCointainer Free Account (44 assets)
⇢ MyCointainer Power Account ( all assets)
⇢ NEXO Free Account (Earn daily compounding interest on your crypto and EUR, GBP, and USD)
⇢ Binance (Exchange, earn dividends, learn blockchain, cryptocurrency on your schedule, and completely free) https://www.mycointainer.com/?partner=84l6KmeJxeFN34qbGJJr https://www.mycointainer.com/?partnerPower=84l6KmeJxeFN34qbGJJr https://nexo.io/?u=5d558f300c11b95d3f25282e https://www.binance.com/en/register?ref=35299395
(:3 っ)っ
**Ps: Share your wisdom.** What new models are you implementing in your circuits?
Every cloud has a silver lining…Happy new year 2021!
2020 is almost over, and behold, **Bitcoin smashed through $20,000 for the first time on Wednesday** (16 December). This is good news for everyone who has a crypto portfolio, and however humble it is, it is an investment for the future, at the very least.
Today BTC is aiming for higher skies, the market is bullish, and it might still pump to $40.000, this weekend. But as we all know, although BTC it's stronger than ever, it's overbought... It's time to invest in ETH and other Alt.
After having lost my main source of income due to Covid 19, I started to study again and ended up not abandoning but ceasing to be so active in the crypto sphere. I kept track of the news and subjects of the moment, but I haven’t paid much attention to my faucets. But last Wednesday I got so excited that I decided to dig up all my favorite faucets, and discovered that I lost close to 600 referrals in 3 of them.
Losing 200 refs in each is a big loss for me, if you already know me, you know that my portfolio was built with faucets income. And I keep earning passively with them. The reason for having lost all the referrals was due to an attack on Coinpot. After the initial impact of this bad news, and right after reading the statement published by Coinpot, I realize why this group is the faucet group I trust the most. The vast majority of faucet managers would not even bother to explain what happened.
The statement made by Coinpot:
***What happened to*** *****Moon Bitcoin********/********Dogecoin********/********Litecoin***** ***faucets?*** http://moonbit.co.in/?ref=CEE76AE76365 http://moondoge.co.in/?ref=7E01FBD6F4A8 http://moonliteco.in/?ref=9237F129B64E
*On Monday 1st June 2020 we sustained a targetted and comprehensive attack on our servers that are used to host CoinPot and our faucets.*
*This attack was in two parts…*
*1. Most of our servers became infected with the* ***Makop ransomware****.* https://en.wikipedia.org/wiki/Ransomware
*2. At the same time there was a low level DDOS attack preventing us from accessing the servers.*
*These attacks meant that CoinPot and the faucets went offline immediately and stayed that way until we started to find ways to fix the problems. Predictably the ransomware attack was accompanied by demands for an amount totalling over $200k USD to decrypt and release the infected files.*
*This amount is far beyond anything we can afford to pay. Even if we were able to pay, there is no 100% guarantee that we will get the files decrypted and it would most likely encourage future attempted attacks. Therefore we decided not to go down that road and refused to engage with the attackers.*
*We have a strong (or so we thought) backup process. So we now took the steps to start restoring the sites on new clean servers. 24 hours of hard work later…CoinPot and most of our faucets were back on line exactly as before.*
*However our 3 oldest faucets were running on legacy software/hardware that hadn’t been updated for too long a time. Unfortunately we now discovered that some of the backups for these sites also contained data corrupted by the Makop ransomware.*
*Since then we have been trying to fix this and recover this corrupted data — but now we must accept that we have hit a brick wall. The data is lost.*
Every cloud has a silver lining and those faucets are better than ever…
If you know little about cryptos, or if you wish to create a crypto portfolio without investment, check out this post ****The Most Lucrative Faucets In 2020******,** you will find all my favorite trusted faucets and other sources of passive income. It´s never late to start, and if you start right now you will be ahead of the majority. https://coinpotclub.wordpress.com/
Wishing you a year full of blessings and filled with new adventures. Happy new year 2021!
`What are some of your favorites ways to earn passive income? How have they worked for you? I’d love to know what you think (:`
***Image source: Cats Against Capitalism*** https://www.facebook.com/groups/343410369081327?locale=pt_PT
Crypto (:3 っ)っWeekly Wrap Up
Hello, Read Cash Community, welcome to the first Crypto Walrus Weekly Wrap Up.
The weekend is on the doorstep and the aspiring and innovative Crypto Verse is pumping new projects, tension, and opportunities, for the beginner as well as for those who have long plunged into this digital terrain. Keeping patience, and a non-dramatic style is an appropriate mindset for dribbling FOMO, and avoid being rekt or rug pulled. This is still an unstable territory, where experiences are taking place and also "scams". You are your best guide, and your best investment is in knowledge.
When looking at market trends, namely assets markets crashing, at political wars emersed in polarizing strategies, Covid-19 flaring, and investments made by large institutions, there are few doubts that it may be sensible to start investing in cryptocurrencies as well as in gold for the next stage of the world financial collapse.
BUT never put all eggs on the same basket. We are evolving, everything is changing, and nothing is set in stone, except that we are living dangerous times and being ruled by uncertainty and doubt... but not by fear, because we do our homework. We must be alert, pay attention to details, amplify our perspective, and be prepared for whatever comes, in the crypto-verse as well as in our analog life. Let's work around so as to make it impossible for Murphy's Law to actually happen.
How To Go Full-Time Crypto Free Webinar
First and foremost, I would like to share a free Ivan On Tech webinar "How To Go Full-Time Crypto" for everyone, beginners to savvy crypto heads, no matter what's your level of expertise, Ivan will reveal his strategy live, 6th OCTOBER, 4 PM UTC/GMT **TIME SHARP**, because this guy is like an atomic clock, always on schedule. Don't miss this one.
https://academy.ivanontech.com/full-time-interested
News
Reading the latest news we can observe that crypto needs more clarity and security. Due to Kucoin recent hacking, the question of cybersecurity must be taken seriously into consideration. We presume that these companies have their security on lock, unfortunately, tons are spent on marketing and trading campaigns instead of putting enough attention and resources on cybersecurity. People continue to trow their money into these types of companies without adequate research. Once more we are being permissive and compromising our integrity. If nobody uses these platforms unless they have top-notch security they will have to act on it...
**Here are some news the (:3 っ)っfinds pertinent, there are many more, but for now:**
Token Projects to Recover $130M from the Kucoin Hack, Devs Condemned for Centralization https://news.bitcoin.com/token-projects-to-recover-130m-from-the-kucoin-hack-devs-condemned-for-centralization/
Most Crypto Exchanges Have Weak KYC, DeFi Is Making It Worse: Report https://decrypt.co/43486/crypto-exchanges-weak-kyc-defi-dex-report
DOLLAR will CRASH in 2021, US should brace for a double-dip recession, economist warns https://www.rt.com/business/501549-dollar-crash-next-year/
Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation https://news.bitcoin.com/devere-group-ceo-bitcoin-can-replace-gold/
Difference between DeFi and Traditional Financial Systems https://cryptoadventure.org/difference-between-defi-and-traditional-financial-systems/
This Is How Much Your Data Sells For on the Dark Web https://decrypt.co/43479/this-is-how-much-your-data-sells-for-on-the-dark-web?fbclid=IwAR3pzJ_KbwHCY4ZaHu0Zl438eHs4RL06qOcqht6zfiMnuiw2MwOZ45lL1Jc
Grammy Award-Winning Artist Releases Ethereum Token https://decrypt.co/43569/grammy-award-winning-artist-releases-ethereum-token
9 Countries That Don't Tax Bitcoin Gains https://decrypt.co/43513/9-countries-that-dont-tax-bitcoin-gains
(:3 っ)っ AirDrops
**uSwap Airdrop**
uSwap is airdropping 1000 USP ($1000) to everyone that registers with its bot. You will also receive 50 USP ($50) for each referral you get.
**What is USP?**
USP is a stablecoin built on the ethereum platform that will be used in uSwap as a base token, as a stablecoin means the price will always be 1$.
**How to Qualify:**
Complete all steps in the bot and you will be qualified to receive the reward, we are giving out a total of 60m USP ($60m) to the crypto community.
**Go to ⇢ t.me/uSwapBot?start=r000**
**New experimental Token NFT on Tron TRX blockchain**
**Go to ⇢** t.me/ALIENTokenNFT
(:3 っ)っ Faucets
ADA ⇢bit.ly/32C2RH0
XRP ⇢bit.ly/2EeW8cK
USDT ⇢bit.ly/2Rybg86
ETH ⇢bit.ly/2Rybg86
Tron ⇢bit.ly/3myCSZ5
BNB ⇢bit.ly/2ZPYcQ2
Dash ⇢bit.ly/3c611Bm https://bit.ly/32C2RH0 https://bit.ly/2EeW8cK https://bit.ly/2Rybg86 https://bit.ly/3myCSZ5 https://bit.ly/2ZPYcQ2 https://bit.ly/3c611Bm
ZEN ⇢bit.ly/2GgefQu https://bit.ly/2GgefQu
BTC/DOGE ⇢ ****Cointiply**** http://cointiply.com/r/AKO66
(:3 っ)っ **Forecast Platforms**
Pynk Community
The world’s first People Powered Investment platform, Multi-Award Winning London Fintech that helps you learn and earn.
⇢ ****Predict, Learn & Earn**** https://beta.pynk.io/r/Arcanu
**1 - Register for free**
Become a Pynkster today & start earning your first Wisdom Points.
It only takes a few minutes each day and it's fun! So what are you waiting for?
**2 - Earn with Pynk**
The key to success is consistency, so try to predict every day across multiple asset classes. We reward accurate predictions with additional points.
**3 - Claim your Rewards**
Your earned Wisdom Points are exchanged for rewards at the end of every quarter.****
**SwissBorg**
**Invest in crypto assets, the Swiss way.**
I've predicted the future of Bitcoin 5 times and earned 2 Badges, Psychic and Loyal! You should too :) Use my reference code **BUBCK2Q** to signup at https://www.swissborg.com/community-app-referral
(:3 っ)っ**Masternodes and Staking**
⇢ MyCointainer Free Account (44 assets)
⇢ MyCointainer Power Account ( all assets)
⇢ NEXO Free Account (Earn daily compounding interest on your crypto and EUR, GBP, and USD)
⇢ Binance (Exchange, earn dividends, learn blockchain, cryptocurrency on your schedule, and completely free) https://www.mycointainer.com/?partner=84l6KmeJxeFN34qbGJJr https://www.mycointainer.com/?partnerPower=84l6KmeJxeFN34qbGJJr https://nexo.io/?u=5d558f300c11b95d3f25282e https://www.binance.com/en/register?ref=35299395
(:3 っ)っ DOCs
Taking into account recent world events these two documentaries are related to pertinent points... to understand what money really is and to listen because in order to communicate effectively it's extremely important to know how to listen. The same strategies presented can be applied to our research on the projects in which we are going to invest. Before we head in just because we hear rumors of profits, we will really listen, which translates into reading all the info we found about a project, including the whitepaper, even if briefly. Lack of communication is the major cause of world problems and problems in our day to day life.
**How is Money Created? – Everything You Need to Know**
“I sincerely believe that banking establishments are more dangerous than standing armies and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
― **Thomas Jefferson**
https://youtu.be/mzoX7zEZ6h4
**10 ways to have a better conversation | Celeste Headlee**
“Listen with curiosity. Speak with honesty. Act with integrity. The greatest problem with communication is we don’t listen to understand. We listen to reply. When we listen with curiosity, we don’t listen with the intent to reply. We listen for what’s behind the words.”
― **Roy T. Bennett**
https://youtu.be/R1vskiVDwl4
Quote
Let's do it, and see you all next week! (:3 っ)っ
Ps: If you love Airdrops pay attention because I'm researching a few Airdrops and might update this post.
Hello World! Processing Documentary
https://vimeo.com/60735314
Human creative potential, different forms of communication combined with technology, and community power move me. We all in unison create far more complex things that our parts. We are social beings discovering new forms of expression, making sense of the relationship between elements, environments, and new ways of communication. Art without a previously established narrative in itself but as a space that invites curiosity and introspection is in my belief humanity's biggest asset.
Hello World! Processing is a documentary based on a series of interviews with figures of the Processing open programming platform community and focuses on creative coding, the role that process, experimentation, and algorithm play in it. The documentary is a continuous stream of archived references, projects, and concepts shared by this community.
This documentary explores the creative possibilities expanded by open source tools and the importance of their growing online communities, but also and I found this quite amazing, it explores at least in my mind, code assuming mutant and organic configurations after being asked to interact with itself creating like we do far more complex things that its individual parts.
41 mindblowing minutes with a pen and a notebook in my hands (:
Worth watching, hope you enjoy it as much as I did!
Free Cryptos Legit Airdrops
Good morning dear Read.Cash community!
@onlyfreecryptos my new and fresh telegram channel is pumping Crypto AirDrop $REKTPLEB among others! Well, but not that many, because quality over quantity. Join us for an exquisitely tasteful and full of complex flavor tones Free Cryptos Legit Airdrops. https://t.me/onlyfreecryptos?fbclid=IwAR2abyMHqk5K2xXh0PSZ4Tnshq3NWQt8D0hQCgFx3jd877CUVgTQ48WyfM8
**Are you ready to earn*****?***
***💥*** Earn free 200 $REKTPLEB and more free rewards now.
t.me/Rekt_Pleb_Bot?start=521862391
Hurry up now.
Limited token supply!
I wish you all a great weekend **✨**
The focal point of modern world culture, Money money money
In July 2018 I said goodbye to the work that was taking my peace of mind. All that big corporation mind-bending pressure and consumerism were making me unhappy and physically sick. Since then I drastically reduced my expenses, and am leaving accordingly my slim income, I also took the time to research more about how to earn money online, cryptocurrencies, fiat money, and why we think that we always need more and more to feel that our life has worth and to be happy. One of the things I understood is:
**The way people perceive value and currency defines the way societies think and interact.**
Anthropologist Jack Weatherford understands clearly that money is not just a medium of exchange but also “the focal point of modern world culture.” It has changed every culture that has adopted it, eventually overwhelming feudalism and aristocracy as an organizing force in society. [Source] https://www.enotes.com/topics/history-money
No one can pinpoint the origin of money. Societies always found means to exchange products. Value is subjective, and money as we know it, it’s a recent tool. We are on the third stage of the history of money, the digital revolution, and have in front of us a new opportunity to recreate concepts about what real wealth is, and how to use technology to help us shape a better ecosystem. An ultimate form of barter with unlimited scale and complete flexibility.
We are living in a moneyocracy
Our day to day life is ruled and governed by money. If for some reason we are unable to “earn” money, sooner or later, a feeling of exclusion permeates our being. The products we use, like the clothes we dress, are manufactured to perish fast. Groceries are expensive, and what we can find for a reasonable price and quality takes time to prepare. Houses are even more expensive. This scenario can be daunting, to be without absolutely no money, and no quick way to get it. We are unable to guarantee our basic needs, and also in the eyes of society, and our own, we are “Worthless”.
Humans are complicated social animals that interact with one another in countless ways. Throughout the eras and diverse cultures, as in all life forms, there is a quantification of supplies, labor, and currency, which together and in interaction with the environment, guarantee the ideal conditions for the survival and prosperity of the species.
The diversity of life on Earth is astonishing
Nonhuman species have whole systems based on survival and evolution. All creatures are part of a system and perform certain tasks. In return, they live, subsist and procreate, and meet their ultimate purpose. On a macro scale, the product created by a species will symbiotically influence the functioning of one or more ecosystems. Every organism is shaped by, and in turn shapes, its environment. Nature does this in a very harmonious way. Nothing is lost everything is transformed, nature really recycles...
Humans are animals with a very complex social structure
Throughout the ages, we have arranged systems and created tools that make life easier for us. All forms of life are organized in order to live, reproduce, and evolve. For this we create the necessary conditions to achieve our purpose, using resources, adapting, and exchanging with other species.
When a society is formed by a small number of individuals, it’s easier to connect with our peers. We know everyone and can exchange wealth/value with trust and meaning. We trust because we have direct contact with the other. On the other hand when a society, like an organism, finds the “right environment” it multiplies. Bigger numbers require different strategies, and we somewhere in time, have put the direct “Trust” in a system that automatized the way we trade. The problem arises when the “system” starts to fail, due to human error, or greed, and instead of working for us starts working against us.
We are trained to believe that money is the only acceptable medium for the exchange of value and as a result, we neglect all other meaningful ways we can connect and share. Also, the oligarchic system manipulates consumption habits and validation of belief systems.
At this point, we have our “TRUST” invested in a system we don’t trust… How awkward is that?
https://www.youtube.com/watch?v=un3NkWnHl9Q
And Now The Exquisitely Tasteful and Full of Complex Flavor Tones The Best Free Cryptos List 👇
Airdrops
⇢ BRG token airdrop, the first-ever public oracle system of TRON network -> bit.ly/2RMoBJZ
⇢ XYearn Finance Airdrop. You and your friends will be given 0.12 XYFI at the same time. Each account can get a maximum of 3 XYFI. -> bit.ly/3iRawXC
⇢ Omega DeFi Airdrop -> bit.ly/3mAXAaJ
⇢ Fomo Swap Defi -> bit.ly/2RNf0CJ
⇢ New Telegram Group for Legit Airdrops, bounties, faucets, and all related with free cryptos -> bit.ly/3iSIU4i
**LATOKEN Airdrops**
⇢ 1 ASY token -> bit.ly/3mKX4qq
⇢ 1 CAC token -> bit.ly/300G4D7
⇢ 50 CFXQ tokens -> bit.ly/2RQ5bnG
⇢ 500000 BITL tokens -> bit.ly/35YaucI
Faucets
Remember that when markets are down, just like right now, its the best time to claim. More coins for you!
⇢ The Best Paying Faucets Check it out - **https://coinpotclub.wordpress.com**
Masternodes and Staking
⇢ **MyCointainer Free Account**(44 assets) https://www.mycointainer.com/?partner=84l6KmeJxeFN34qbGJJr
⇢ **MyCointainer Power Account**( all assets) https://www.mycointainer.com/?partnerPower=84l6KmeJxeFN34qbGJJr
⇢ **NEXO Free Account****(**Earn daily compounding interest on your crypto and EUR, GBP, and USD) https://nexo.io/?u=5d558f300c11b95d3f25282e
⇢ Binance (Exchange, earn dividends, learn blockchain, cryptocurrency on your schedule, and completely free) https://www.binance.com/en/register?ref=35299395
***If you enjoy my articles please feel free to smash the subscribe button*** 👋🙃🖖🏄♀️
Check Out:
1 Week Of Read.Cash | Healthy Sleep Habits & No Sugar Involved https://read.cash/@Arcanu/1-week-of-readcash-healthy-sleep-habits-no-sugar-involved-7a088d4f
How to choose which cryptocurrency to invest in? https://read.cash/@Arcanu/how-to-choose-which-cryptocurrency-to-invest-in-fa83605d
Smart Passive Income | Mycointainer Staking Validator & Straightforward Investment Platform https://read.cash/@Arcanu/smart-passive-income-mycointainer-staking-validator-straightforward-investment-platform-2803d38a
A Beginner’s Guide to Profit from Crypto Airdrops and Avoid Scams https://read.cash/@Arcanu/a-beginners-guide-to-profit-from-crypto-airdrops-and-avoid-scams-19539049
The oscillators and degenerators hypothesis | Nothing is bound and determined https://read.cash/@Arcanu/the-oscillators-and-degenerators-hypothesis-nothing-is-bound-and-determined-fa4ca76e
Passive Income | The Mindset Of An Investor https://read.cash/@Arcanu/passive-income-the-mindset-of-an-investor-cda0b1e1
1 Week Of Read.Cash | Healthy Sleep Habits & No Sugar Involved
Hello, dear Read.cash community, it's been a week since I joined, and also since I discovered two energy thieves that were preventing me from living life in a healthy way! As a form of celebration, I want to share here these two small changes that I have made in my life since I joined read.cash.
Healthy Sleep Habits and Good Sleep Hygiene
*Image Credits* https://www.boredpanda.com/funny-sleep-memes/?utm_source=google&utm_medium=organic&utm_campaign=organic
I was always a person who slept little, maybe 4 to 5 hours at most per night. I know that there are disagreements in the scientific community regarding better hygiene and the amount of sleep one should have. Regardless, I decided to start sleeping more hours, 8 hours to be more exact. I also decided to leave my phone out of the room, and resist the temptation to fall asleep watching videos on Youtube... The change in this habit reflects in the way I feel, physically, and mentally. I went from being a lazy and always tired person to motivated and active, the world looks more beautiful and the colors more vibrant. Daily tasks became a pleasure as opposed to just an obligation. It is a habit that I will keep because I feel like a better person. The next step will be to add a 20-minute mid-afternoon power nap to my routine (:
No Milk No Sugar Involved
Another habit I changed two days ago was the amount of sugar I consume. Saturday morning I was watching a live broadcast from one of my favorite crypto YouTuber, Ivan On Tech, known for his wisdom regarding blockchain technology, crypto investment, programming skills, and also for the "black coffee no milk no sugar" high levels!
Link to the full meme https://twitter.com/IvanOnTech/status/1167472949139529728?s=20
Despite already knowing this habit of Ivan, this Saturday I had a click. I always noticed that I consumed my coffee, always black and with lots of sugar, early in the morning. And throughout the day I drink at least two more cups of coffee also loaded with sugar, in addition to other foods that contain sugar.
OMG, sugar is a drug!!!!
A study in the journal *Neuroscience & Biobehavioral Reviews* found that sugar intake meets the criteria for substance abuse, by affecting the chemistry of our limbic system, associated with emotional control. http://www.sciencedirect.com/science/article/pii/S0149763407000589
I decided that morning to stop putting sugar in my coffee. And now also avoid artificial foods with a lot of sugar, and ingest only the ones with natural sugar. Saturday went beautifully, but Sunday was complicated. I was invaded by a strong urge to eat sugary foods, but I resisted it. When I went to the supermarket I notice the number of products filled with artificial sugar at our disposal. It looked like an Orwellian scenery. Oh universe, give me the strength to resist! Today is my third day without artificial sugar, full of energy, and willing to live.
*I wish us all the continuation of a positive life, centered on healthy forms of communication and solutions for an abundant present* and a richer and fairer future*.*
Legit Faucets That Pay In 2020
These are crazy times that we are living in, and due to everything that has been going on I have been out of the world of crypto faucets since April 2020. Which turned out to be quite positive. I managed to further separate the wheat from the chaff, and understand which faucets are most interesting. When we claim from way too many faucets we end up losing the thread, and we scatter too much energy. One of the requirements for which I kept these faucets is that it is not mandatory to claim for the account to remain active. So, I’m presenting here the faucets that have proven to be the most profitable, and that are the main reason why I have money in my NEXO and Mycointainer accounts earning interest, I'm also presenting one new faucet that I'm starting with. https://nexo.io/?u=5d558f300c11b95d3f25282e https://read.cash/@Arcanu/smart-passive-income-mycointainer-staking-validator-straightforward-investment-platform-2803d38a
🍭 COINPOT FAUCET
**Coinpot is a digital micro wallet** designed to collect and combine payments and earnings from several different faucets. ***Sign up to CoinPot and Moon Faucets with the same email****.* All payments are made instantly and directly into your CoinPot account. This includes coins collected on faucets, referral commission, Bonus, and Offer Wall earnings, and mining. Currently, CoinPot supports ***Bitcoin, Bitcoin Cash, Dash, Dogecoin,*** and ***Litecoin***.
Coinpot has now a brand new Challenges system **offering generous rewards and big prizes.** The system works by gifting users with CoinPot tokens for completing a wide variety of daily, weekly, and all-time tasks for which you earn stars.
Main Account: **CoinPot** https://coinpot.co/
CoinPot is currently linked to seven free bitcoin faucets:
⇢ **Moon Bitcoin** (paid instantly to your CoinPot account) http://moonbit.co.in/?ref=CEE76AE76365
⇢ **Bitfun** (paid instantly to your CoinPot account) http://bitfun.co/?ref=6C2B22E12AED
⇢ **Bonus Bitcoin** (paid instantly to your CoinPot account) http://bonusbitcoin.co/?ref=08932440A7A0
⇢ **Moon Bitcoin Cash** (paid instantly to your CoinPot account) http://moonbitcoin.cash/?ref=593BD65CE454
⇢ **Moon Litecoin** (paid instantly to your CoinPot account) http://moonliteco.in/?ref=9237F129B64E
⇢ **Moon Dash** (paid instantly to your CoinPot account) http://moondash.co.in/?ref=E75B9232C993
⇢ **Moon Dogecoin** (paid instantly to your CoinPot account) http://moondoge.co.in/?ref=7E01FBD6F4A8
🍭 COINTIPLY BITCOIN FAUCET
Cointiply together with Coinpot is the most promising source of passive income. Way more than just a faucet, this is a platform that rewards users in several ways. You can earn Bitcoins by completing offers & surveys, watching videos & playing games, and by referring others. Cointiply has a chat with a pool that drops coins when you participate in an enriching way answering your peer's doubts or just having cool conversations. If you HODL, or deposit, your coins in the platform, you earn dividends. Withdrawals can be made in Bitcoin or Dogecoin.
⇢ **Cointiply** http://cointiply.com/r/AKO66
🍭 CRYPTO FAUCETS
This is a good source for free cryptos. Don’t forget to use the promo code they release on Twitter so you can claim again for free. Promo code valid once for 24h. Payments are made to each crypto faucet dedicated wallet, and you can withdrawal when you reach the threshold.
⇢ **FreeCardano** https://freecardano.com/?ref=56292
⇢ **FreeBitcoinio** https://freebitcoin.io/?ref=38743
⇢ **FreeNem** https://freenem.com/?ref=106326
⇢ **CoinFaucet** https://coinfaucet.io/?ref=412907
⇢ **FreeTether (USDT)** https://freetether.com/?ref=30270
⇢ **FreeEthereum** https://freeethereum.com/?ref=55922
⇢ **FreeTron** https://free-tron.com/?ref=46186
⇢ **FreeChain** https://freechain.link/?ref=11712
⇢ **FreeNeo** https://freeneo.io/?ref=11873
🍭 HORIZEN FAUCET
⇢ **Zen Cash** *(Don’t Forget to Validate Your Account, Check Email)* (paid instantly to your ZEN wallet) https://getzen.cash/auth/register?ref=156476
🍭 CLOUD FAUCET
I have made several withdrawals on the other faucets, this one I'm using it for the first time, so I cannot tell it's really legit since I'm still experimenting with it. If it proves legitimate, all I can say is that it will be the faucet that provides the largest number of satoshi per claim... Let's hope so (:
⇢ **Cloud Faucet** **BTC, ETH, DOGE & LTC** https://cloudfaucet.io/r/77121
When choosing a faucet I consider:
**The claim amount**- How many Satoshis or altcoins do I collect per claim?
**The time between claims (Timer)**- How long do I have to wait between claims?
**Minimum withdraw**- What is the minimum amount I can withdraw and transfer to my wallet?
**Withdrawal method**- Are payments made directly or through a portfolio of micropayments?
**The Referral fee**- What is the rate (%) you receive for referring new users to the faucet?
Conclusion
The most immediate, and risk-free way to acquire Bitcoins and Altcoins for free is through faucet sites and legit AirDrops. Faucets are sites that within a certain time frame, usually a few minutes, dispense a small amount of Bitcoins (also known as Satoshis) or other altcoins, free of charge. These sites are extremely popular, and in turn, generate money through advertising. Faucets are not a get rich fast scheme, and the rewards are minimal, but with persistence and discipline, they help with time to increase your crypto assets.
*I wish you all the continuation of a positive life, centered on healthy forms of communication and solutions for a rich present* and a richer and fairer future*.*
*All links are my referral links.*
How to choose which cryptocurrency to invest in?
With the growing cryptocurrency market, more people are making a lot of money and seeing astronomical valuations on their investments. But there are thousands of different virtual currencies, how do you know which one to buy? There is no magic formula, but there are sensible procedures that, when properly followed, can result in great outcomes.
Here are some things you should look for in a cryptocurrency to measure its potential:
1) Understand the project proposal
Cryptocurrencies represent new technology so that each currency can be seen as a project. In other words, what problem does this project propose to solve? We already know that Bitcoin proposes to solve the problem of financial transactions, allowing each user to be their own bank, without relying on intermediaries, which is a great innovation.
The world doesn’t need another Bitcoin, after all, it already has one. Many cryptocurrencies are nothing more than a copy of Bitcoin under another name. Does it add any value? Is there any possibility that Bitcoin will be replaced by this new currency? Probably not, it makes no sense to trade a well-known and successful project, with thousands of complete nodes around the world generating robustness for the network, for another identical currency that does not have all this infrastructure.
Therefore, it is crucial to understand exactly what cryptocurrency differential you are seeing, whether there are advantages, innovative concepts, and not only that but whether these concepts make sense and have the potential for mass use in the future.
To learn about the project proposal, visit the project website, watch the instructional videos, and even (if superficially) read the white paper.
Also, try to find out if there are competitors or other cryptocurrencies that propose to do something similar. A good way to do this is to put in Google or Youtube: “Litecoin vs”, so that the videos are likely to appear comparing Litecoin’s currency (in this example) with a similar currency.
*Detail: The fact that videos exist in this sense does not necessarily mean that the currency has competitors, it will only help you research and analyze whether the currency is innovative, unique, or not.*
2) Find out who is developing the cryptocurrency
Search the site for the development team, who are the people behind the project. Typically, cryptocurrencies show not only people’s names, but also their profiles, academic titles, experiences, and so on. This is very important!
A good project needs a good team. It makes no sense for a project to appear to have an innovative and ultra-complex idea if the development team does not seem capable of such development. By the way, there are a lot of scams in this market, so beware of very utopian promises, see if the team seems able to deliver on what it promises.
Similarly, even if a coin doesn’t seem to offer revolutionary characteristics, if it has a strong team, consider it, there may be something very important that great minds are working on that deserve to be followed. Like Picasso said "An idea is a point of departure and no more. As soon as you elaborate on it, it becomes transformed by thought."
But how do you know if the team is strong?
Unfortunately, we have no way of measuring people’s intelligence or ability; therefore, the best metric we can use is to verify academic background (doctors, PHDs, or professionals with strong academic backgrounds are an excellent sign, as in this field of technological innovations researchers are essential, giving credibility to the project), programming experiences, cryptography or computing, in general, are also relevant (how long has this professional been working in the business, what companies do they work in, what positions does he hold, etc.).
When the team has names known as “Former Director of Microsoft Technology” (hypothetical example), or “Co-creator of the Javascript language,” this gives a very strong signal of credibility. These examples were a bit exaggerated, but it is only to strengthen the idea.
Generally, coins also have Advisors, who are project advisors. Important people as advisers are a good sign, but really try to know how involved these advisers are, whether they are really involved in the project, or just watching from afar. Don’t forget that the counselor is different from the staff.
3) See if cryptocurrency has partnerships with companies or universities
This is not an essential prerequisite for stating that the project is good, but if the project has partnerships with universities or large companies, that’s a great sign! Cryptocurrencies need strong research and development teams (university partnerships collaborate a lot in this regard) and the public to use the technology (which can be facilitated by partnering with companies).
Therefore, any partnership in this regard is a very positive point to consider.
4) Find out details about the community
Every currency has a community. See how many people are involved in the project on GitHub, if there are channels for interaction with the public, etc. This is often not as important as team quality but can be decisive depending on the project. For example, if you are not sure about the quality of the team, but there is a large community involved in the project, that is a good sign.
5) Consider the currency market cap
Market cap is the financial volume associated with the currency. At Coinmarketcap you can easily find this out, including by comparing it to other cryptocurrencies.
Large market caps mean the currency is quite popular with many investors. This is a positive sign on the one hand, as it shows that more people are believing in the project. On the other hand, it is a negative sign because it may represent that the currency has little room to grow.
As we are in an early stage of the cryptocurrency market, a high market cap today doesn't mean that the currency is already at its peak, the entire virtual currency market can still grow a lot, in which case the best projects will value even more. So having a high market cap doesn’t mean there’s no potential. Bitcoin, for example, has the largest market cap cryptocurrency, yet still has very high growth at times. Take this into consideration.
However, it is evident that low market cap currencies have more potential for return, and reaching a market cap of $ 1 billion in market cap is not that difficult. So if a currency is promising and has a market cap of $ 100 million, if it reaches $ 1 billion it will represent a 10x appreciation in your investment.
**Therefore, the dream investment is one where you find good signals on all 4 points shown above, but the currency still has a low market cap. Obviously, these cases are rare and represent the greatest potentials.**
Conclusion
Make no mistake about investing in currencies just because they are “cheap”. Always remember that the market is not silly. Invest first in fundamentals, then consider the potential. Because potential is somewhat relative, it is possible that a currency that is in third place overall in market cap (ie, it is apparently already highly valued) will grow even further and outperform Bitcoin itself. Who knows?!
Always study and invest in what you understand. Invest first in knowledge. And be very careful, reject plans and promises of high financial returns, markets are unstable and some try to take advantage of the less educated.
How do you measure a crypto potential? Let me hear your strategies in the comments below! Cheers (:
Smart Passive Income | Mycointainer Staking Validator & Straightforward Investment Platform
Whether it’s the opportunities created by technology, or the opportunity to make money, investments in cryptocurrencies like Bitcoin generate a lot of interest. At the technological level, the enthusiasm is striking because of its potential, essentially in terms of leveling economic distribution. Thanks to the decentralization introduced by blockchain technology, the range of investors that can participate in this market, whether they have more or less experience, becomes larger.
Investment Strategies | Holding And Trading
The strategy adopted by most private investors is to buy cryptos and store them, known as **“HOLD”** or **“HODL”**. Others go further and **“trade”** with these assets in exchangers. These approaches are solid and aim to win in the medium and long-term. However, there are alternatives or complements to these strategies that can take your portfolio to another level.
MyCointainer - Online Automatic Staking and Masternode Platform
Staking providers are straightforward investment platforms that allow us to Proof-of-Stake coins (PoS) and pay the users weekly or monthly. A reasonable number of stakeholder validators charge a fee for processing PoS payments.
One of my favorite staking platforms is Mycointainer, a reward infrastructure that benefits users, even those with a small number of coins, and works from stakes and masternode running. https://www.mycointainer.com/?partner=84l6KmeJxeFN34qbGJJr
Staking income is variable, each coin has a different earning rate, and the number of staked coins also has a big influence on the income percentage. In addition, every reward is subject to compound interest, thus the longer you stake your coins, the more rewards you earn.
Holders can easily increase their profits without much hassle- and be part of an evergrowing staking community, that also provides info about legit airdrops opportunities, giveaways, bounties, and more.
MyCointainer currently supports 81 different digital assets, including QTUM, BCH, DOGE, BTC, XRP, TRX, BAT, ETH, EOS, DASH, LTC, ADA, ZEN, USDT, among others.
Conclusion
MyCointainer is an online automatic staking and masternode staking platform that allows you to earn passive income while you sleep. You will get access to shared masternodes staking for a variety of coins (+/- 81 different coins) and earn compound interest. The best part is you don’t need any technical knowledge to be able to fully use MyCointainer. The whole investing and reward generating process is 100% automatic. All you need to do is deposit the coin(s) of your choice and watch your balance grow. MyCointainer is also a great place to find Legit Airdrops and a strong community!
***If you enjoyed this post and the info about Mycointainer feel free to join via my referral links:***
⇢ **MyCointainer Free Account** (+/- 44 assets) https://www.mycointainer.com/?partner=84l6KmeJxeFN34qbGJJr
⇢ **MyCointainer Power Account** ( all assets) https://www.mycointainer.com/?partnerPower=84l6KmeJxeFN34qbGJJr
Hi, I don't know how much this site is to be trusted, as I only learned about it yesterday. To my astonishment, Bitcoin, Bitcoin Cash, NEXO, and Tron are considered by the same, dead cryptos. I can understand about LINK being considered a pump and dump scam and therefore a dead coin, but how about the rest, what do you think of this? Cheers
https://deadcoins.com
A Beginner’s Guide to Profit from Crypto Airdrops and Avoid Scams
Airdrops and bounties can be a fun and easy gateway to cryptocurrency, without initial investment, and also a way of finding out about new blockchain projects. While many coins/tokens will never worth anything, some airdrop and bounties can be hugely profitable. Just hold onto those tokens and who knows if they can become valuable in the future, or at least worthy enough to sell for a decent amount of BTC or ETH during a bull market. Or even a means for you to invest in penny cryptos that have huge potential, that are likely to skyrocket in the future.
What is an Airdrop and a Bounty?
Both airdrops and bounties, in the cryptocurrency sphere, are a form of marketing that aims to generate buzz, boost engagement, and involves sending free coins or tokens to wallet addresses in order to promote awareness of a new virtual currency.
Small amounts of the new coin are sent to wallets for free or in return for a certain task such as posting about the currency on social media, following a particular member of the blockchain project, or even writing a blog post.
Sometimes if you HODL one type of coin, like BTC or ETH, or any other with a dedicated blockchain, you are automatically eligible to claim other coins or tokens just because you were holding the parent coin on which the (fork) airdrop is being done.
Why Airdrops and Bounties Deliver Free Coins?
As stated before an airdrop and bounty purpose is to create brand awareness, attract new users, new customers, get more people trading it when it lists on an exchange, and finally to create a community.
A legit airdrop and bounty usually don’t seek capital investment in the currency. Its aim is purely promotional. We might say that they are an attempt to stand out from the crowd. And this fast-moving blockchain world can be quite noisy.
The Key Difference between Airdrops and Bounties
The difference between Airdrops and Bounties is that Airdrops ‘fall out of the sky’ and are easier, while in a bounty you complete tasks that require more work, and they are often paid better. Common bounty campaigns require you to create Blog or Video content, translation campaigns, social media campaigns, Bug bounties (for coders), or signature campaign on forums.
Bad Airdrop & Bounty Warning signs
On the opposite, a bad airdrop might be a pump-and-dump scheme where the creator inflates the coin to get quick profit, a scam to get your personal data, or just a project that lacks purpose, a solid foundation, and real-world case use. It is recommended not to put all your Eggs in One Baskett, so used dummy accounts to both tradings, for airdrops, and bounties to prevent having your info hacked. Also, secure your accounts using a 2FA Authenticator.
**The secret to success is a mix of preparation, hard work, and learning from failure. There are a few warning signs that might indicate a scheme.**
Therefore is essential to dig deeper and try to determine whether:
The company or promoter has recently been suspended by the U.S. Securities and Exchange Commission (SEC).
If there’s an increase in coin value simultaneously with the is occurring promotional activity. If so do not buy. If it looks unusual, it likely is.
Press releases and promotions may announce events that don’t actually happen. This is false advertising and therefore a warning sign.
Always check if the company or promoter has real business operations, if they don’t, that’s bad news.
If the company or promoter has a lot of shares without a corresponding increase in assets, avoid them.
If they frequently change the companies name, management, or type of business, that’s a bad sign.
**Arcanu** aka Amber Lee for ***BREAKING DOWN VALUE*** https://www.publish0x.com/breaking-down-value
The oscillators and degenerators hypothesis | Nothing is bound and determined
*Confidence, not in an arrogant way, but in a realistic, secure way is always a bonus.*
I always feel inspired and admire people that marry a blockchain project, and might have 90% or more of they’re portfolio invested in only one coin. There are projects I support, although I’m more about diversifying my portfolio. But someone with this kind of fidelity and trust inspires me to research and try to understand why so much love, and trust in the project future growth.
I understand people married to Bitcoin. It’s impossible to deny the power, even if some altcoins already surpassed BTC, from a technical standpoint. Recently I came across a guy that dislikes BTC. He doesn’t care if the BTC is valuable or can be even more so, he doesn’t believe in its design and performance, considering the practical and technological aspects. He’s married to XRP. I dig this kind of passion. I feel the same about cryptocurrencies and the fiat scam.
When we are choosing an altcoin to invest in, we should analyze and check the Crypto and Blockchain Project. There are factors to take into consideration like the qualitative and quantitative approach of the project, before investing.
The first goal is to understand the team background, vision, technology, and the overall potential of a project on a mid to long term. These are the first steps to take if you don’t want to invest in a scam. Value creation, the ability to solve problems, short-medium and long term vision are important factors that determine if a company is worth our time, money, and thus be a good investment.
Industries change and grow, and also the techniques for cryptocurrency analysis change. Nothing is bound and determined, and the parameters for evaluating projects mirror those changes.
Here is an article I find useful for those who are trying to learn to analyze and understand if a project is worth investing in. How to analyze and evaluate Crypto and Blockchain Projects PART 1: Qualitative Factors https://medium.com/datadriveninvestor/in-this-blog-post-we-will-take-an-in-depth-look-at-the-main-aspects-of-my-qualitative-and-6bcd5ec6d761
The oscillators and degenerators hypothesis
Many if not a majority of altcoins/tokens provide little-to-no tangible value or even real-world use, and will in due time die. I’m not a BTC maximalist, but there’s so much noise out there… However, many cryptocurrencies are providing real-world utility on blockchains with tangible value on key industries around the world. Altcoins benefited from the last bull run and cryptoheads are expecting alts to mimic this trend again — we may be very disappointed!? I hope not!
The oscillators and degenerators hypothesis were inspired by Willy Woo, a famous early bitcoin adopter, analyst, and crypto hedge fund partner. Although altcoins are nuanced, Protocol, Utility, Security, Non-fungible, in the investor perspective there are only two types of alts. **Oscillators and Degenerators**! And the vast majority of alt-coins are degenerators, and only a small handful are oscillators. In order to qualify an alt has an oscillator: http://woobull.com/
*Oscillators, indicated by their name, oscillate with BTCUSD and follow bitcoin’s price performance closely. Consequently, they’re notably correlated with bitcoin. Oscillators also contain Store-of-Value (SoV) properties. To qualify as an oscillator, an altcoin has to follow bitcoin’s performance for at least one bull-bear cycle.*
*Oscillators are usually supported by Lindy Effect, indicating they’ve been around for a while and the probability for them to survive grows with every consecutive year of existence. The Lindy Effect is a theory that the future life expectancy of some non-perishable things like a technology or an idea is proportional to their current age so that every additional period of survival implies a longer remaining life expectancy.*
*Most of altcoins and tokens qualify to the degenerator segment. These digital assets were by default following the 2017 bull cycle, but have lost traction since. These digital assets did not follow bitcoin’s Q2-Q3 2019 bullish reversal pattern and they’re are weakly correlated with bitcoin.*
The visual imagery of a Degenerator and an Oscillator
**According to** **Willy Woo****, if you plan on investing in altcoins, it’s critical to determine an oscillator from a degenerator, oscillators are good to enter and exit to stack more BTC, never HODL a Degen, and be cautious with coins younger than one full cycle.** http://woobull.com/
ETH and Litecoin are oscillators.
Doge is an oscillator!!! (:
BAT, XRP, XLM, EOS, DASH are some potential oscillators…
NEO, for example, is a degenerator. It has a relatively high correlation with Bitcoin but doesn’t follow BTCUSD and it’s lacking fundamental SoV attributes.
Forecasts about forecasts
What is certain is that to predict the markets is to make forecasts about forecasts, and if it was an exact science and easy we would all be rich! In a time where Bitcoin, more than ever, acts as the source of liquidity to the market, I think it’s wise to divide altcoins into oscillators and degenerators. Along with all the tools we already have available for conscious investments, this is a good instrument for estimating their viability and added value as alternative investments.
Fiat dual role, store of value, and medium of exchange has been creating huge gaps between financial and labor classes, leading to a perversion in government policy with economic and humanitarian consequences. I have faith in a new monetary system, but will with time, the scenario that led us to a decaying fiat system repeats in a maturing digital asset space?
Once again I say I always feel inspired and admire people (oscillators) that marry a blockchain project and against all ods place their ***‘trust’*** in projects with a real-world utility, and tangible value on key industries around the world, over the ones that promise instant profit and ‘over the moon’ hype.
**What are the projects that have your full support and that you are passionate about?**
**And what alts fulfill the requirements for oscillators and will survive gracefully in the near future, IYO?**
Arcanu aka Amber Lee for ***BREAKING DOWN VALUE*** https://www.publish0x.com/breaking-down-value
The moon is traveling through Cancer today.
Beware of mood swings and FOMO while investing.
If in doubt about how to act, cook some soul food &
cuddle up with someone. Cheers :D #DiviningMarketDynamics
Passive Income | The Mindset Of An Investor
If you’ve read, watched, or heard personal finance content, you’ve heard of passive income. In fact, a very significant part of the world of personal finance seems to be positively obsessed with the idea of passive income. There is indeed a plausible reason for this obsession.
Passive income is The Holy Grail, but is it possible to make money without actually doing anything? What could be better than that? Is Getting A Passive Income Really Simple? Can you really make money without doing any work?
Sorry but I’m going to ruin everything now. It is not so simple to achieve a profitable source of passive income. Most of us will not earn enough passive income to leave a full-time job altogether. But in fact, you can do enough to significantly improve your cash flow situation or perhaps accept a job that you feel most passionate about, but that does not pay as well as your current job. This is not going to happen overnight, and you will need a variety of investments.
Here’s the deal. Now is the right time to act. Commit to these strategies in the coming days, and do not give up! **The hardest part of getting on the right path and finding your way to financial freedom is to take action.**
“Action is the foundational key to all success. ”
— Pablo Picasso
What Is Passive Income?
According to Wikipedia, passive income is generally defined as a stream of income earned with little effort, and it is referred to as progressive passive income when there is little effort needed from the individual receiving the passive income in order to grow the stream of income. Examples of passive income include rental income and any business activities in which the earner does not materially participate during the year.
Passive income is a periodic stream of income and a tool that will help you to experience more of the world and have a fuller life. The idea is to create or buy a system that generates a recipe with little effort. There is a spectrum of passive income opportunities, and they all require different energy in time to create or maintain.
Passive income allows you to earn an income freeing up your personal time, making more of your life, and working less. There are different passive income systems, and each of them requires a different amount of initial investment, or to maintain it. A fundamental aspect is to realize that the right mentality to obtain and maintain a passive income is the **delayed gratification mentality**, investing the present time and energy into something when benefits can only be harvested weeks, months, or even years later! **The main advantage of passive income is to free up your time to pursue whatever your dreams are**.
**How To Create Passive Income?**
**Time, Money and Personal Inventory**
**Personal Inventory**
The first step to start generating passive income is to take a personal inventory and get to know your real motivations, goals, strengths, and weaknesses a little better.
Why would you like to have a source of passive income?
Would a source of passive income shape your life differently? How?
How much money do you need in order to be financially free?
How do you cope with failure? Can you pick up after failure and rebuild it differently?
What is your tendency to postpone and abandon projects before reaching the goal?
How committed were you to projects in the past? In particular, those projects that have taken time from the things you enjoy doing?
What are your strengths and weaknesses?
Do you enjoy communicating with people?
Are you willing to spend many hours in front of a computer?
(…)
Your energy and focus will tend to vary with time. You excel at some tasks and subjects, but not at others. It is crucial to take a deep dive into those brain cells and understand well who you are, what you want, and why do you want it. This kind of knowledge is the basis of preparation for the path to success. Seize your strengths and mitigate your weaknesses. Most projects fail due to a tendency to be superficial about the core knowledge of the self and its purpose.
**Time and Money**
After the tough part of the process, it comes another no less important but, more objective, how much money, and/or time you have to invest. There are three ways to create passive income:
Investing capital upfront
Investing time upfront
Investing both time and capital upfront
The choice is easy if you know the capital and time you can invest in.
Choosing and researching
Having clear answers to the previous subjects will make it easier to choose and research your future source of passive income. You know what kind of assets will have the greatest chances of success for your specific strengths, weaknesses, and resources. Observe what you are passionate about and realize if these passions can be turned into a passive income asset. If you do not remember anything, search for the traditional passive income assets and then make them yours. Innovate. When setting your goals, it may be a good idea to research similar projects and see the risks and success rate stories that you can find about this passive income asset. Success can never be achieved by a sudden flight, success is the product of consistent and uncompromising effort. So instead of looking for the fast return investment to start, look instead for the investment that you are willing to stick to, regardless of the surrounding circumstances. Investing has its inherent risks, evaluate well all details, and aways D.Y.O.R.
**WHAT KIND OF PASSIVE INCOME WOULD YOU LIKE TO GET OUT OF YOUR PROJECT(S)?**
There are eight forms of capital, Financial Capital, Material Capital, Living Capital, Social Capital, Intellectual Capital, Experiential Capital, Spiritual Capital, Cultural Capital, choose the one(s) you would like to accumulate passively and hands-on pasta!
**Read More About The 8 Forms Of Capital** http://www.appleseedpermaculture.com/8-forms-of-capital/
**Setting Goals**
When embarking on this process, the important thing is to see where you want to go, if you have the determination and mindset, you will find out how to get there. Your goals should be milestones for your ultimate goal. Each of these milestones will help you create the confidence and essential attitude to get to the next checkpoint. Break objectives into sub-goals, follow your commitments, and have fun in the process. Some roads lead to other purposes and discoveries.
“The mind that opens to a new idea never returns to its original size.”— Albert Einstein
**Keep Track Of Your Assets Efficiently**
Creating a passive income source comes from the will to be more efficient. Passive income projects require different levels of attention, some weekly, some monthly, and some annually. In the same way, you set milestones, let’s also set reminders and notes so that when you need to check in again, you know where you left off.
On the other hand, the fisherman who checks his traps all the time never rests and enjoys the beach, so find the best time to check your investments and don’t dwell too often on results. Balance is the key!
**Measure The Success Of Your Investments**
Success criteria summarise the key steps or ingredients you need in order to fulfill your passive income goal, and success can be measured through concrete points. These measures are there for you to know, that the goal is attainable and is within everyone’s reach. In order to measure the success of your endeavors, calculate the total amount of passive income generated, the total percentage of your expenses paid for this project. Think about the impact and influence generated, and also about the time or energy that you spent on your project. Evaluate the returns and optimize them, a good passive income portfolio grows with time.
“Successful investment may become substantially a matter of techniques and criteria that are learnable, rather than the product of unique and incommunicable mental powers.”— Benjamin Graham
To Scale Or Not To Scale
You have reached your goal, and have now a good source of passive income. Some investors on this level will choose to scale by cloning their passive income asset several times, replicating their passive income stream. Although this is a common strategy, and half the work is done, sometimes a steady and regular income is a better option.
Final Thoughts about The Mindset of an Investor
Let’s recap the strategies to achieve the perfect mindset for investment:
The right path and finding your way to financial freedom is to **take action**.
The appropriate mentality to obtain and maintain a passive income is the **delayed gratification mentality.**
The idea is to **create or buy a system that generates a recipe with little effort**. There is a spectrum of **passive income opportunities**, and they all **require different energy in time to create or maintain.**
**Take a personal inventory and get to know your real motivations, goals, strengths, and weaknesses a little better.**
**When setting your goals**, it may be a good idea to **research similar projects** and see the risks and success rate stories that you can find about this passive income asset.
Instead of looking for the fast return investment to start, **look** **for the investment that you are willing to stick to, regardless of the surrounding circumstances**. Investing has its inherent risks, evaluate well all details, and always **D.Y.O.R.**
**Break objectives into sub-goals, follow your commitments, and have fun in the process.**
**Keep Track Of Your Assets.** **Set reminders and notes so that when you need to check in again, you know where you left off.** **Don’t dwell too often on results. Balance is the key!**
**Measure The Success Of Your Investments.** **Evaluate the returns and optimize them**.
**Decide whether to scale** **or try a different investment**.
Now that you have the tools for the appropriate investor mindset, it’s all a matter of dedication and training your neurocircuits to obtain that precious source of passive income flowing steadily to your pockets. Always remember that most projects fail due to a tendency to be superficial about the core knowledge of the self and its purpose.
Arcanu aka Amber Lee for *BREAKING DOWN VALUE* https://www.publish0x.com/breaking-down-value
Have you ever heard about "The oscillator and degenerator hypothesis"?
https://www.publish0x.com/breaking-down-value/the-oscillator-and-degenerator-hypothesis-altcoin-investment-xenjen
@Arcanu
