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@bala41288 in April 2022

@bala41288

Powering up 250 Hive for Hive Power Up day and my monthly Hive Stats I cannot imagine that one month has already passed and we are in a new month already. Last month was pretty fast for me. On the occasion of Hive power-up day, I have powered up 250 Hive today. I wanted to do more but I recently converted most of my liquid to HBD in the process of booking some profits. It appears that the price of Hive is not going to go down at least for some time now. The market appears to…

@bala41288

Crypto taxation has started in India Starting yesterday taxation has started on crypto in India. During the budget announcement, the government announced saying that they are going to bring some regulations to cryptocurrencies, and to start with, there will be a flat 30% tax on crypto profits. Though some people had second thoughts, some people welcomed this move by the government. But the auditors are still not clear as to how the deductions should be made. Maybe in the…

@bala41288

Electric vehicles are catching fire in India This has been the hottest sensational news in my place recently. There have been several incidents where electric vehicles are catching fire. People share different thoughts and different opinions on this topic and some are also going straight against the EV industry itself. I would like to share my thoughts on this topic as I have also booked my Electric vehicle and I'm going to be using it every day for my commute. This is the…

@bala41288

Trade crypto only for the current status of the market and not for what you expect it to become Today I was reading an article on crypto trading and not that I'm an expert trader, I thought it will be nice to share a few things that I know. In order to be successful in any trading, strong principle and practice are required. It isn't something that is applicable only to traditional trading but even for crypto trading, some strong rules are required. These ideologies prevent…

@bala41288

P2P transfers on Crypto exchanges can be risky for Indians Going forwards from this month onwards, cryptocurrency taxes are live. We have to pay a 30% tax on all the profits we get from Crypto. So far the government did not have a clear stand on what would be the future of cryptocurrencies in India. Some people say that imposing a 30% tax is a bit huge but I see it as positive because we are at least moving in a positive direction. At least now people can legally invest or…

@bala41288

Fully loaded with stable coins for the next bear market to trade Hive Many people would be feeling sad about the bear market that is approaching but I'm a bit happy because only bear markets can come with opportunities. If the market is flat or always on an uptrend it will not be interesting and we will not be able to find any new opportunities there. Looking at the bear market, I'm able to sense some opportunities there. As the price of crypto falls, I would be willing to…

@bala41288

Practical difficulties when it comes to Crypto adoption Crypto adoption is going to be an important thing in the coming years. As we are creating more and more new projects, we should be able to onboard more people into crypto. There are so many blockchains available and people who are comfortable with one blockchain don't even think of exploring others. This is something that can be commonly seen everywhere. Everyone is fond of their comfort zone. But well that's not the…

@bala41288

There are always challenges when it comes to crypto adoption. I wanted to list out some of the challenges that are well known to everyone and are quite common. It would take a few more years for crypto to be easily adoptable or for people to understand more about the capabilities of Crypto and what convenience it brings. #crypto #cryptocurrency #adoption #investment #bitcoin #ethereum #money…

@bala41288

Clean energy revolution with the help of the most abundant element on Earth Every year there is some innovation happening to move us towards clean energy. Electric vehicles are becoming one of the biggest things in recent years. We are able to see many private planes and jets that are already operating with electricity instead of fossil fuels. But even though we are moving towards clean energy, they are not 100% clean because we are still dependent on some rarest substances…

@bala41288

There have been discussions going on about increasing the APR for HBD from 12 percent to 20%. This cannot be done by just one person but it is a decision by a majority of the top 20 witnesses. But people have started discussing the pros and cons we will have in this. I wrote an article today sharing my views on this topic. #hive #stablecoin #hbd #investment #crypto #cryptocurrencies #money #apr #hiveblockchain #blockchain…

@bala41288

20% APR from HBD will bring more investors The crypto situation is getting a lot better in India. In the recent budget announcement, we have seen some good decisions made by the Indian government to embrace Crypto and slowly regulate it inside the country. As a good start, they have announced a flat 30% tax on the cryptocurrency capital gains. This is definitely good news but not all people trade and some people also invest. The increase in APR can attract more investors…

@bala41288

It's official! HBD now gives 20% APR Yeah, it is now official. HBD now gives a 20% APR to keep the funds in Savings. The withdrawal period is also only 3 days. There were discussions going on back and forth in the last few days saying that HBD should give a better APR and probably a 20% APR would not harm the inflation or the chain. Many witnesses agreed and I also wrote an article yesterday saying that I'm going to be increasing my HBD interest APR to 20% on my witness…

@bala41288

It is official now and the HBD interest rate is now set to 20% by 12 witnesses already and it is live. HBD is one of the best stable coin investments in the crypto space. For people who want to stay invested on Hive would either choose to have Hive power and the next better option now is to have a decent amount of HBD as stable coin investment in savings and grab a juicy 20% APR for the same. https://leofinance.io/@bala41288/it-s-official-hbd-now-gives-20-apr

@bala41288

Work From Home has paved way for many new opportunities Today I read another article saying that many people are hesitant to get back to the office and work from the office location. We all enjoyed almost 2 good years working from home and for many people getting back to the office is a big pain right now. Not because it is not as sophisticated as working from home but working from home has a lot of benefits. Many people also want to get back to the office because this work…

@bala41288

Are you teaching your child about crypto? The world is advancing really fast and we all know that Blockchain technology and cryptocurrencies are going to be the future. In that case, it is very important to understand some of the basic concepts of crypto and even teach your kids the same. There are some strong reasons why we should be teaching crypto to our kids. At least I think there are 3 very important reasons why we should keep our kids up to speed on crypto and…

@bala41288

People pay you for solving their problems and not for how hard you work Hard-working is something that is misunderstood. There were times when people work really hard during their young age to reap the fruit during the old age. This can be a suitable quote for the farmers probably because they work really hard during the sowing season and chill a little bit during the harvest season. This cannot be applicable to every nature of work. Especially when you are someone solving…

@bala41288

I participated in a contest today hosted by the BD community on #hive. It was an interesting contest digging out all my childhood memories. It was nice to write the post. I really wish I had read all the books I found fascinating. Read more to understand more about my favorite books. #books #contest #hive #reading #bdcommunity https://ecency.com/hive-190212/@bala41288/bdc-contest-best-books-that

@bala41288

Every individual should have basic financial knowledge Today most individuals are born with some basic knowledge. Mobile phone knowledge is one such thing and every individual refers to their mobile phone as their 6th finger. The importance of mobile phones is very evident. That's how it is going to be the case for financial knowledge as well. In the future, it will be one of the biggest requirements and even in the schools, basic financial knowledge will become a mandatory…

@bala41288

The financial lesson of staying happy with having enough This is the most important lesson every individual should learn in their life. Especially the ones who are working on a 9 to 5 job or someone who is already an Entrepreneur. Human mentality is always towards getting greedy and wanting more even though we have enough. That's not bad I would say. Some amount of ego and greed is important for every human being and that's the base nature of human beings. The trick is in…

@bala41288

How much money is sufficient to live a peaceful life? This is one of the most popular topics and I personally feel that every individual will have their own perspective. I used to think a lot on this topic and from what I saw the value I had in my mind was continuously changing in the last 10 years I should say. When I first started my full-time job, I have to be honest that I was thinking the payment they were giving me was huge. I even used to wonder what am I going to do…

@bala41288

Are you buying Hive in this dip? The crypto markets once again turned red showing another dip. This keeps happening again and again providing enough opportunities to purchase the dip and wait for the good moment to book profits. People who are into trading can make use of this opportunity very well. They can buy some coins during the red market and sell them in the green market. Here is the story of my trading. From what I understand even for being successful with trading,…

@bala41288

Hive price went down again and is slowly recovering back. I see this as a good trading opportunity to purchase low and sell high. For investors who are planning to invest for long-term benefits, this is probably a good time too. #hive #trading #investment #crypto #cryptocurrency #money #market https://leofinance.io/@bala41288/are-you-buying-hive-in-this-dip

@bala41288

Challenges in building games on Ethereum I personally have no big hatred of Ethereum but I have some concerns and that's why I chose this topic to write about. Before I start writing this article, I would like to clarify that I'm sharing my own perspectives about the Ethereum chain and when I interact with others, I understand that a few of my friends also share the same thoughts. We all know some commendable things about Ethereum but at the same time, there are also things…

@bala41288

People praise ETH chain for having so many games. But there too are some challenges left that make the gaming adoption difficult for the investors. Especially this is something that should be implemented soon. As far as I know, Hive is the best blockchain that has no transaction fees at all. #hive #games #gaming #eth #ethereum #transactions #fees https://leofinance.io/@bala41288/challenges-in-building-games-on-ethereum

@bala41288

We need more payment gateways that accept crypto The future of currency transactions is going to be crypto. But it would take a minimum of 10 more years for things to get stabilized. We are currently having some nice breakthroughs with technologies but we still have room for improvement. I'm already happy that when it comes to payment, there are already many service providers that have started accepting crypto as their payments. Some service providers fear implementing…

@bala41288

Increase investment value with safe trading Trading is the most underrated topic and even big investors fear to do trading. I personally feel that anyone who is interested in doing financial investments should also try and do trading as well. The returns from trading are enormous compared to some financial investments. But at the same time, there are also huge risks involved. This is the reason why I usually insist on playing around with known cryptocurrencies. I would say…

@bala41288

It is hard to find a good Payment Gateway to receive overseas payments For the past few days, I have been exploring several options to find a good alternative for PayPal. I did not have a pleasant experience with Paypal and it is also very hard to use their website in case we have some problems. Email communication is the only way that helps but there again, they don't give proper answers. My account is in a suspended state for a very long time. It was showing me error…

@bala41288

When Dollar value is good against INR it is good for freelancers Most freelancers get their payment in the form of USD. Most of the time the funds are kept in the wallet and are withdrawn whenever it is needed. Freelancers find it very comfortable to accept payments in USD as it is mostly accepted universally. When the value of USD increases against INR, it is good for freelancers. The reason is that they get better exchange rates and more income. Today one of my friends was…

@bala41288

Silently claiming my Tower tokens by playing the game Crazy defense heros is a game from Play Store. The game initially started as a normal game only on the Play store. But it is slowly gaining speed and being converted into a blockchain game. When I say blockchain the game itself is not in blockchain but some of the game perks are in blockchain in the form of a token called Tower. The logic here is that we have to play the game and complete some tasks inside the game to…

@bala41288

Are you cashing out your investments? We all know how important investments are but at the same time, it is also important to cash out our profits as well. I have covered profit booking in several articles earlier. This article is also going to be a similar one talking about cashing out your invested value. There are enormous opportunities in the crypto world but at the same time, the market is also unpredictable. If we are not sure about the project in which we are…

@bala41288

Cashing out your profits is very important. Someday our profits might go away if we don't book it. It is always good to have a balance between investing and profit booking. Only if we manage it well, we will be able to grow our assets with investments. #investments #crypto #cryptocurrency #binance #profits #cashingout https://leofinance.io/@bala41288/are-you-cashing-out-your-investments

@bala41288

Now is the opportunity to rebalance your portfolio The crypto markets are becoming red again. The reason is unpredictable but it is definitely a good opportunity for long-term holders. Even traders can make use of this opportunity. Two days back too there was a dip and many cryptocurrencies fell below their regular price. If we know which crypto to choose at that time, we will be able to make some quick bucks out of this dip. Today again is a similar opportunity. People who…

@bala41288

Games should integrate with cryptocurrencies I always thought that blockchain is the best technology for the gaming industry. The gaming industry can easily adopt the technology and convert its games to blockchain games. I'm able to see that many games have already started this process. They want to get into this technology and at the same time not disturb the player base they already have. That's how the transition is being planned and I'm very happy about this transition…

@bala41288

Advantages of having Elon Musk acquire twitter Twitter is one of the top microblogging platforms that are very popular across the world. Though Twitter brings us lots of advantages, it also has a lot of problems too. Out of those problems censorship is one of the biggest problems being discussed everywhere. Many people get banned from Twitter in the form of censorship. People keep fighting back or sometimes get frustrated and leave the platform. Twitter is a very popular…

@bala41288

Elon Musk is a highly capable person who is always good with the latest technologies. The news about Twitter being acquired by Elon is a great thing I would say. It can bring enormous opportunities for twitter and at the same time, the focus can also be on making it blockchain-dependent that can reward users for using the site. #blockchain #cryptocurrency #investment #elonmusk #acquiring #technology…

@bala41288

People complain about the summer heat but never bother to plant trees The green cover in every metropolitan city is reducing to a greater extent. People often say that the Summer was not like this for 20 years. What they don't understand is the fact that we had more green cover 20 years back. Banglore is one of the cold cities in India. Not very cold but a decent one for people to enjoy the climate. But this year even Banglore is experiencing high-temperature changes. Is…