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@SapphireCrypto

@SapphireCrypto in October 2022

@SapphireCrypto

Leofinance - It's Who We Are **A Dedicated Community** Spend enough time on **Leofinance** and you will soon be overwhelmed by the amount of knowledge and data that flows through this community on a daily basis. For many content creators, creating content is something of a chore. It is however uniquely different for the Leofinance community. For many, creating consistently high-quality content is a passion. Something that would leave many of us “empty” were we not to…

@SapphireCrypto

Crypto Goals - A Clear Goal Brings Singularity Of Purpose **Identify & Isolate** Having a very clear and specific plan and goal for your Crypto journey is absolutely imperative. If you truly wish to see substantial results in the future then you need to establish a solid plan in the present. Those who enter the space with an ambition of simply “making money” often leave a lot worse off than when they first arrived. You need to identify and isolate the opportunities and…

@SapphireCrypto

Why The Next Bitcoin Crash Could Be Moments Away **The Set Up** While everyone has become rather frustrated in regard to the Bitcoin price, there is another element of this story that may not necessarily be that obvious, especially to those who do not understand or practice **TA**. What has been perceived as “boring” and frustrating is actually turning out to be the formulation of “weakness”. As I mentioned in a **recent article**, the $19K to $20K level is beginning to wear…

@SapphireCrypto

A Guaranteed Hedge For Your Crypto Portfolio **Uncertain Times** Exposure to Crypto, or any form of equity investment during this downturn, will most likely keep many awake at night. Knowing that the market could collapse at any moment doesn’t do much for investor confidence. We are living in an extremely harsh economic climate, which is affecting pretty much every investment vehicle on the planet. Investors are looking for ways to hedge and protect their investments. Even…

@SapphireCrypto

Crypto Goals - Shifting The Goalposts **Above & Beyond** Initially, when I entered the Crypto space, I automatically began to formulate some goals. I think this is something that many of us do, without even realizing it. We want to envision the future possibilities and benefits of our endeavors today. This is the typical response of any individual that has ambition and drive. Crypto is unlike any asset class, in that it completely outperformed my “early” expectations. As I…

@SapphireCrypto

Crypto Is Encouraging Society To Take Financial Responsibility **The Genesis Block** Ever since Satoshi unleashed Bitcoin into the world, there has been a growing desire amongst society for financial independence. This desire has subsequently encouraged people to become financially knowledgeable. What we are now seeing is a shift, a shift toward financial sovereignty and independence. Obviously, there is a lot of pushback taking place from the “powers that be”. Much of this…

@SapphireCrypto

Crypto, & The Motivations That Drive Us **What Get’s You Up In The Morning?** For many of us, Crypto is a way of life. For some, it is simply a “side hustle”, while for others it is something a lot more meaningful. Either way, it plays an important role in all of our lives. Perhaps, the more significant the role, the stronger the motivation. Reading through a couple of posts on Hive this morning left me pondering the many different motivations that seem to fuel much of the…

@SapphireCrypto

DeFi – Sacrifice Immediate Gratification **It’s Always A Dark Time** Bear markets have a way of absolutely crushing everything, especially **DeFi**, and this bear market is no different. Look at the beloved CAKE, which was trading at approximately $44 at the peak. It has been as low as approximately $4, which means that if you were relying upon it as a form of income, you would have had to take a 90% drop in “salary”. That’s pretty harsh by any standards. PancakeSwap is…

@SapphireCrypto

Hedging Your Ethereum Investment **A New Chapter** The Merge marks a new chapter in the evolution and progression of Ethereum. Although, some would not necessarily consider a shift to **POS** progression. Either way, it signals a new phase, and hopefully one that will be beneficial. I personally began to average out of ETH between $4500 and $3500. This is where I chose to rebalance my portfolio. At one stage, ETH was my largest allocation, making up more than 40% of my…

@SapphireCrypto

Bitcoin - Analysis & The State Of The Market **FED Pivot?** The market appears to be getting bullish. However, this seems to be yet another “false” indication. I know that there is a lot of positivity due to a possible FED pivot, and the fact that the whales have once again begun accumulation. However, these are isolated scenarios, lacking confluence. Firstly, the FED doesn’t really have much credibility at this point. Powell has come out on numerous occasions with a very…

@SapphireCrypto

Adapt & Survive **A Law Of Nature** In the world of technology and finance, remaining relevant is crucial. Crypto manages to marry these two sectors in a rather unique way, which places even more pressure on Crypto projects to remain relevant. You will note that many projects from 2017 are no longer relevant, or even being utilized. Many continue to trade from merely a **speculative** point of view, but there is no relevant use case or utility assigned to them. It reminds me…

@SapphireCrypto

Web 3, Decentralization & The World It Promotes **There Is No Perfect World** Despite the fact that there is no perfect world, or system, the benefits of a decentralized life are rather obvious. Whenever a select minority has control, corruption follows. Power corrupts, which is why the more hands that hold an “entity”, the less “damage” can be done. Distribute power to a handful of individuals and watch what happens. Distribute the same power to thousands, and you have a…

@SapphireCrypto

Hive - Travel The Road That Rewards The Journey **One Of Those Days** Sometimes life gets a little busy, or you get thrown a curveball. Today has been one of those days. However, I am choosing to sit down with my laptop, as I endeavor to remain active and engaged on the Hive blockchain. Hopefully, I will have a lot more time tomorrow and will be able to push out some more content. There’s a reason why daily activity is rewarded on Hive. Quite simply, it’s good for Hive. The…

@SapphireCrypto

How To Prepare For The Economic Hardship Ahead **Pain Ahead** The global economy is under immense strain. This is not merely the case of one significant problem, but rather, numerous and ongoing crises. **Monetary policy** is being pushed to the point whereby, not only does it fail to alleviate the pain, but actually introduces additional pain. There is no escaping the maturation of unwise decisions. Certain actions have consequences, in fact, all actions have consequences.…

@SapphireCrypto

Will Crypto Regulation Go The Same Way As The Entertainment Industry? **Reality Evades Regulators** Governments and regulators are currently enjoying their reign, as they continue to flex their muscles. However, the reality and true dynamic of Cryptocurrency is yet to be understood and comprehended by these entities. This is the reality that still needs to hit home: You can criminalize Crypto but you can’t stop it. What this ultimately means is that unless a law is…

@SapphireCrypto

Crypto - Beyond Speculation & Into Solid Business Models **Have You Enjoyed Crazy Crypto Gains?** Over the years, I have managed to **make a few really good calls**, as I am sure many others have as well. There is nothing quite like picking a micro-cap that later goes on to do 100X or even 300X. This happens a lot more frequently than many think. However, I find that the majority are unaware of how to select such a project.…

@SapphireCrypto

Cryptocurrency - Delayed Realization & The Stage Of Confusion **I Thought Bitcoin Was A Hedge Against Inflation?** This has been brought up numerous times throughout the mainstream media, as well as the Crypto media. People are disappointed, confused, and perhaps disillusioned. It seems people don’t really understand that “beating inflation” is measured over time. **Gold once fell into this category**. However, I don’t believe it qualifies any longer.…

@SapphireCrypto

Blockchain & Cryptocurrency - Building Something Of Significant Value **This Is Where It’s At** So many people are quite happy to make a “small fortune” with Crypto playing the speculative game. However, the real winners are those who go on to build something of value. Look at Sam Bankman-Fried for example, he made a significant fortune by merely leveraging an **arbitrage** opportunity. If I remember correctly, he spotted a 10% variance between US exchanges and Asian…

@SapphireCrypto

Diving Deeper Into Independence **The Ultimate Hedge** With every passing day comes the introduction of new laws, as well as an ever-weakening global economy. Together, these two dynamics are able to destroy what has become known as the “American Dream”. Some would go as far as to say that it is already becoming an American nightmare. Restrictive laws coupled with an imploding **economy** are “signs” to anyone paying attention. Furthermore, consider that wages are flat and…

@SapphireCrypto

Cryptocurrency - Growth Can Be Messy & Painful **First Impressions?** Many people are put off Crypto due to a negative perception and first impression of the space. They somehow expect new technology to be immediately perfect and without incident. The numerous “Bitcoin hacks” don’t do the space any justice, as many believe that the actual blockchain has been hacked. Ignorance keeps them at a constant disadvantage. In actual fact, it is merely third-party entities being…

@SapphireCrypto

Survival - The Remodelling Of Legacy Businesses & Blockchain Adoption **The Rise Of The New Economy** Many of us are already aware of how fast the world is changing, in regard to finance, business, and communication. Whether you believe it or not, the world will eventually be run on top of blockchains. Sounds like quite a bold statement at first. However, **take a look at what is currently taking place**. This is all happening without an established regulatory framework. As…

@SapphireCrypto

Residual & Passive Income - The Reliance & Growth Model **Number One Objective** If you are someone who earns an online income, chances are, you are heavily geared towards creating passive, or residual income. I have incorporated residual income, as many opportunities, especially within the Crypto space can also be residual in nature. Either way, both require initial work and effort, in order to begin enjoying **an ongoing flow of income**. This is why I am somewhat opposed…

@SapphireCrypto

Leveraging Crypto As A Solution To Financial Instability **Price Fixation** With the onset of a **bear market** comes the usual fixation with price. Many “investors” forget that there are projects, teams, and road maps associated with the coins and tokens they hold. Investors are simply holding out, desperate for the market to turn. However, while many become disillusioned, there are those who are turning towards the plethora of income-generating opportunities within the…

@SapphireCrypto

The Future Of Crypto Payments - Are Stablecoins Necessary? **A Debatable Topic** This has been the subject of many a debate ever since the Bitcoin boom in 2017. However, a lot has changed since then. Most notable is the acceleration and adoption of **stablecoins**. When you take a look at the Top 10 on **CoinGecko** or **CoinMarketCap**, you will find that stablecoins are quite prevalent. In fact, at the time of writing, 30% of the Top 10 Cryptocurrencies are indeed…

@SapphireCrypto

Millennials & Crypto - A Look Into The Future **A New Generation With A New Asset Class** If ever you want to propel a new technology into the future, your best bet is with the younger generation. The older generation is somehow always resistant to change and advancement. Just look at Warren Buffet and Charley Monger, for instance. These two couldn’t be more anti-Crypto if they tried. Fortunately, it doesn’t matter. Millennials have a unified voice that is very much in favor…

@SapphireCrypto

HBD - The Most Reliable Wealth Creation Tool Of 2022 **What A Year!** Well, 2022 has definitely been the year of the bear. It’s been a rough ride, jam-packed with one catastrophe after the next. That is unfortunately how bear markets tend to go. Just when you think that things are about to get better, another blow strikes. Finding shelter in the form of a stablecoin is one of the best strategies during a bear market. Fortunately, I did apply this approach and moved into…

@SapphireCrypto

On-Chain Wealth Creation & The Role Of The Hive Blockchain **Identifying Opportunity** It is during this time that one needs to be scouting out future projects. Not only that, but it’s important to identify the projects, hubs, and platforms that you are wanting to build upon. If you are a Noise.cash user you will be aware of the “migration” that is currently taking place. It is important to note that users are now forced to create an entirely new account. So, all the…

@SapphireCrypto

Bitcoin - A Risk-On Inflationary Hedge Asset That Is A Form Of Property? **An Unanswered Question** Ever since Bitcoin was created, people have battled to find a definitive description for the **Cryptocurrency**. Initially, it was widely viewed as “internet money”. As **Bitcoin adoption** increased, so did its use cases. We went from internet money to a **speculative** asset, to a store of value, and so on. However, 13 years later and we still don’t really know how to…

@SapphireCrypto

Stop Waiting For The Next Bull Market **Time Is More Valuable** Have you ever made arrangements to meet up with someone, only to have them arrive at your home hours later? Instead of getting “things done” that you need to get done, you simply wait around, telling yourself “they will be here shortly”. Eventually, you have wasted hours because you anticipated their arrival “at any minute”. Instead of simply hanging around, attacking your “to-do” list would have been the way to…

@SapphireCrypto

Owning A WEB3 Blog Via Hive - It's A Business! **It’s A Crazy Thought** If you have ever built a legacy **business** from scratch, you will understand just how demanding it can be. This is something that I have personally experienced and can testify to just how challenging a task it truly is. It requires a lot more perseverance and dedication than you may think. Apart from the traditional challenges are the traditional expenses:…

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Factors Impacting Crypto Adoption **It’s Happening Again** I was with a bunch of friends this morning, and as usual, Crypto came up in the conversation. Everyone knows that pretty much all **markets are in a state of dire desperation**. However, despite the fact that Bitcoin is suffering a similar fate, people have chosen to adopt the “Bitcoin is dead” narrative, once again. I mean, how many times do people have to see the “Crypto effect” in order to understand that this is…

@SapphireCrypto

The Current "Wealth Trap" **Looking To Increase?** Due to the current state of the global **economy**, many are seeking to increase their income, as well as their cash-generating assets. Increasing your cash-generating assets will ultimately also increase your income. The reason why I use the term ‘wealth trap” is that many are applying a strategy that the wealthy tend to use, and have used for generations. The idea of leveraging **debt** in order to start a business or…