They said that education is our key to success.
I completely agree into that. Because without a degree, I might not be where am I now.
It's usually our stepping stone to find a better job.
If you are a Degree holder, there's higher possibility that you will find a better job that gives you an ideal salary as compared to those who cannot even complete their high school due to poverty and some other reasons.
Disqualified in an open position for not being a Degree Holder
I remember few years back when I am at my former company (TCS), I have interviewed and applicant for an open position for our team. Technical interview went so well so I endorsed her to out client who will conduct the final interview.
Everything went well as well. The client liked her because she's a perfect fit for our team. However, when the company conducted a background check, they found out that the applicant is an undergrad in college.
She was previously a BPO agent and was given a chance by her company to go and explore the I.T. world and that's where she acquired all the skills she have to become a perfect fit on our open position. And due to the policy, even though our client already liked her, the HR cannot proceed with the hiring process because she was disqualified for not having a degree.
We are the chosen ones.
We're lucky that in our world today, there are lots of earning platforms that allows every individual regardless of it's educational background or attainment to earn fiat money thru digital currency like bitcoin cash without the need of capital.
And we're lucky enough that we have known and have been part of noise.cash and read.cash platforms.
It gives us the opportunity to know crypto and to stake with it a very low risk cause we do not have to shell out capital from our own pockets. We are able to experience trading or buy and sell BCH or any other currencies without staking our own money but our earnings from these platforms instead.
I can say that we are so lucky to be the chosen ones.
Not all of those who have registered an account in both noise.cash and read.cash platforms stayed long. There are multiple users that has chose to quit after staying for weeks, or a month in here. I felt so sorry for them, cause they loose the opportunity of earning BCH for free.
Trading Terminologies I learned from both noise.cash and read.cash
Buy Low Sell High.
This is the first trading concept I have learned from the aforementioned platform. I find this trading concept really challenging. Most of the time, I am hesitant to make my move cause I still have the below questions running in my mind:
How can I be sure that the price won't dip further?
or
What if the price continue to rise up?
Easy to say but it's really hard to apply. I am just a beginner when it comes to trading and this is one of the challenges I've got.
Bull, Bullish, Bull Run
This caused me a lot of confusion the first time I read this words circulating in noise.cash platform. When the market price soar high, I believe it was around May this year (if I am not mistaken), I heard a lot of posts in noise.cash about the Bull, Bullish, Bull run. And so then I realized that:
Ahuh!. When the market price is going upward, they call it BULL.
Bear, Bearish
From the sudden surge of the market last May, price went down significantly the couple of weeks after the Bull run (May 2021). And so it was then when I saw different users posting about Bear overcoming the Bull market. And so it made me realized that the opposite of Bull (price going up) is Bear (price going down).
Dump
It was also last May 2021 when I learned about this trading terminology thru noise.cash posts. It is when the market price significantly went down and a lot of traders panic sell their assets.
This will then in effect cause a significant drop in the crypto's market price.
Whale
I first saw this in a MEME posted by one user in noise.cash. I actually did not get it when I first saw it. I thought it's just a representation of Bullish Market.
But then as days passed by and the BCH price continue to go down, I saw few posts like "the whales are just preparing for the next bull run". From that post, I realized that this might mean BIG time investors who have sufficient funds that can manipulate the market price.
FUD
This one, I really didn't get what it means so I did a research instead.
FUD stands for Fear, Uncertainty, and Doubt.
This is a strategy is being used by people to spread fear, uncertainty and doubt to multiple traders. They purposely spread misleading information.
HODL
A misspelled HOLD. This is a strategy where the trader will keep on holding his or her asset despite the significant drop in the market price.
There are still lots of trading terminologies that I've read from both read.cash and noise.cash platform but I still do not understand what they means till this writing.
Some of these are:
FOMO = ?
Leverage = ?
Liquidity = ? I read this from someone's post regarding SmartBCH.
Gwei = ? I saw this multiple times on articles written to guide the beginners on SmartBCH (Metamask).
P2P = ?
Before learning about noise.cash and read.cash, I spend my time watching tutorials in Youtube on how to do proper trading.
But now? Read.cash serves as my knowledge base when it comes to crypto-currency.
Just want to share the below MEME I've created via imgflip.
This is ME when I learned earlier from a noise.cash post that the market is doing good again.
Never forget to set a loss limit...