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@beastion

Joined 22 January 2021 · 143 posts

I love cryptocurrency, novels, technology and pretty much anything that caught my interest.

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Posts

@beastion

A Clear Mind in this Troubled World A clear mind is something we all strive for. We want to be able to think clearly and be able to make decisions without any interference. Unfortunately, this is not always possible. There are many things that can cloud our judgment and make it difficult to think clearly. Some of these things include emotions, stress, fatigue, and illness. However, there are certain things that we can do to help improve our cognitive function and help clear…

@beastion

It Is Down But Not Dead **No, It Is Not Dead** If I were to receive one dollar each time someone declared that Bitcoin is "dead," I would have several hundred bucks, or to be more specific, $467, by now. Indeed, that is how many times Bitcoin had "died" since its inception. Bitcoin, however, is still very much alive, contrary to popular belief. Bitcoin, the cryptocurrency that is considered to be the "grandfather" of all cryptos, has seen its price drop significantly over…

@beastion

Crypto Winter: Weathering the Storm **How I’m weathering the Storm** It’s been many months, and the crypto space is still experiencing a long crypto winter. For many of us, seeing our portfolio constantly in the red must be very depressing. I know, I’m feeling it too. It’s like 2018 again. For those who don’t know or remember Bitcoin reached a low of $3,100 in December 2018. Am I saying that Bitcoin would fall that low this year? No, most likely not. But there’s a…

@beastion

Decentralized Social Media Platforms’ Reward and Punishment Systems **Steemit & Hive Reward and Punishment System** I started my journey as an online article writer in December of 2017 when I discovered Steemit, a decentralized social media platform while browsing YouTube. When I found out that I could be (potentially) rewarded with STEEM and SBD (steem-based dollar), cryptocurrencies or tokens that could be exchanged for real money for every article that I write, I quickly…

@beastion

Political Posts Controversy **Political Posts = Shit Posts?** In my years of writing articles for various blockchain-based social media blogging platforms I’ve noticed that political posts tends to be disliked or downvoted. It was as if most people considered politically-motivated posts as shit posts. My first exposure to this trend was when I was still posting articles on Steemit. When I first joined the aforementioned platform almost 4 years ago, I didn’t notice that such…

@beastion

Play to Earn: Motivation and Rewards **Playing Splinterlands: The Good and Bad** I’ve been playing Splinterlands for almost a year now and in many occasions, I would find my motivation to play the game dwindling or soaring defending on the rewards. When I first played the game, I was extremely excited and would play the ranked battles for hours in hope of getting more EOS and Daily Quest chests to open. Most of the time though I would be disappointed by the rewards but from…

@beastion

Play to Earn Games: Viability **The Fall of Play to Earn Games?** I love play to earn (P2E) games. As a gamer being able to earn money while playing games is like a dream comes true. And seeing how play to earn games has exploded in popularity last year, it seemed that I’m not the only one with such a sentiment. However, due to the current bear market; investors’ interest in play to earn games seemed to have dropped significantly these days. And with one of the biggest play…

@beastion

Whale Trap: The Importance of Patience and Flexibility **The Bear Market is a Test of Patience** It’s been months since the bear market started, and although the market had stabilized and somewhat recovered; we’re still far from seeing its end. That being the case, the exercise of patience is necessary. Indeed, patience, as the bear market is the greatest test of patience not only in the crypto-market but everything monetary-related. This means no panic selling (unless…

@beastion

Terra (LUNA-UST) Fiasco: A Lesson Learned? **A Very Painful Lesson** Many people in the crypto-space realized after the Terra (LUNA-UST) fiasco that even the most powerful coin can fail. UST, Terra's stablecoin, lost the majority of its value following a large sell-off by hedge funds or whales. In a couple of days, the accompanying FUD drives the value of both LUNA and UST to near zero. It was said that over $40 billion was lost in the crash. The collapse impacted not only…

@beastion

Feeling Distress? Time To De-stress! **Bloody Red…** The market has been bleeding red for quite some time now. And from the looks of things, it’ll continue to bleed for quite a while. For those of us that are holding and trading with cryptocurrencies, it means seeing our portfolio in the red for the duration that the market is in the bear cycle which can be very frustrating and stressful. Speaking of which, I’m feeling a lot of stress right not too long because of the bear…

@beastion

Opportunities Are Abound During A Bear Market ****A Bear Market? So What?**** Seeing the market in red can sure be depressing. This is especially true if one holds various digital assets in one’s portfolio and all of them are in red simply because they move with Bitcoin. That being said, the bear market is not just a source of anguish, it is also a source of opportunities. If you’re thinking that I’m talking about buying in the dip or dollar-cost averaging then you’re not…

@beastion

What Currency is More Trustworthy? Hello again! First and foremost, I would like to apologize for being absent and not writing anything for a long time. I have been very busy with school work and other private matters lately and barely have the time for other things. That being said, It doesn’t mean that I plan on leaving the platform. No, far from it. I love Read.cash and would still to continue to write articles for it whenever I have the chance. As such, I hope for…

@beastion

What's You're Strategy: Dollar Cost Averaging or Buying In The Dip? **We’re In a Bear Market Again. Should We Panic?** It has only been less than two weeks since the start of 2022 and yet the market is already suffering from a bear cycle. Prices of cryptocurrencies are currently down especially Bitcoin which is currently value at $42k+ as of time of writing. And if things continue as it is the prices of Bitcoin and other cryptocurrencies would have suffered even more before…

@beastion

What Cryptocurrency Would Make For A Good (Official) Internet Currency? Hey there! It’s been a while since I posted anything, hasn’t it? You see I have been very busy these past few weeks and didn’t have the time to write anything. Fortunately, I have a bit of time at hand now hence this article. Anyways, I got a question for you. If the internet has an official currency or currencies, what cryptocurrency would it be? Firstly, let’s tackle Bitcoin and Ethereum; the two…

@beastion

Could Bitcoin Go As High As $1 Million? **Will Bitcoin Ever Be Valued At $1 Million A Piece?** Hey there! I’m back again for another question. In your opinion, can Bitcoin be valued at $1 million a piece? Earlier I’ve read an interesting article about a very popular YouTuber (no, I’m not talking about Pewdiepie) who made a very bold statement: Bitcoin could potentially be priced at $1 million dollar. Yes, 1 BItcoin = $1 million. Seeing that the price of Bitcoin is currently…

@beastion

Cryptocurrency Is Getting Stronger... The USD Not So Much **While The US $Dollar Is Getting Weaker Cryptocurrency Is Becoming Stronger** Hey there! It’s been a while, hasn’t it? Yeah, it’s been weeks since I last posted and I’m feeling slightly guilty for it. Don’t misunderstand though. I didn’t quit Read.Cash. No, that wouldn’t happen. The reason I wasn’t able to post anything for two weeks was that I have been very busy with schooling and real life. I won’t go into details…

@beastion

China's Cryptocurrency Ban Is Actually Good For The Industry In The Long Run **The Hanging Sword Finally Dropped** Hey there! How have you been? I got a question for you: What did you feel when the Chinese government officially announced that they’re banning cryptocurrency and cryptocurrency transaction in their country? Were you surprise? Angry? Disappointed perhaps? Or maybe you just didn’t care that a country that used to be a hub of cryptocurrency mining and trading…

@beastion

Is Cryptocurrency infinitely Closer To Mainstream Adoption? **It’s Growing And It Can’t Be Stopped** Hey, how are you doing today? Let’s talk about the mainstream media. Have you noticed the growing interest that the mainstream media was showing for cryptocurrency lately? Whether it was good news or bad news; the mainstream media will still report it. Heck, one could even argue that one of the main sources of the FOMO an d FUD in the cryptocurrency market was the mainstream…

@beastion

The Danger Of Blindly Following Rumors In The Cryptocurrency Market **Rumors Galore** Hey there! What rumors do you have for me today? What did you say? There’s a new coin in town that’s sure to give me 1000X profit for my investment? Cool, sign me up – NOT! Cryptocurrency is one of the most if not the most speculative market out there. With but a rumor (or a tweet), the price of cryptocurrency, specifically Bitcoin (BTC) would go up or down. The reason I singled out BTC…

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@beastion

BCH Needed An Impetus To Breakthrough **BCH Should Be Where BTC Is At** Hey I got a question for you. Are you a fan of Bitcoin Cash (BCH)? Silly question, I know. If you don’t like BCH then you won’t be in this platform, writing articles. But I still need to ask the question because this article is all about BCH and all of the positive things about it. So if you don’t like BCH and hated people talking about its good points then this article is not for you. Now that’s out of…

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@beastion

The Dip: Ups and Downs Of The Cryptocurrency Market **Look There, It’s A Dip!** Hey, how are you doing? Where you surprise by the sudden dip in the market not too long ago? Personally, I am somewhat surprised. The market was doing so well that it feels like it’ll just continue to go up. But then…bam! The market crashes without warning whatsoever. Before the crash Bitcoin (BTC) was trading at more than $52,000 but then it dropped to as low as $42,000. Fortunately, it has…

@beastion

The Growing Cryptocurrency Industry In The Philippines And How It's Saving The Economy **The First Bank That Offers Digital Assets Custodian Service In The Philippines** *“Digital assets are here to stay, whether it be in the form of cryptocurrency, NFTs or tokenized assets, and we are seeing more market demand for these. –* *Henry Aguda**”* https://www.philstar.com/business/2021/08/20/2121177/unionbank-pilots-new-digital-service These were the words of chief technology and…

@beastion

Holder Or Day Trader? Which One Are You? Source https://pixabay.com/photos/stock-exchange-win-boom-businessman-3087396/ **Which One Is Better?** While browsing Twitter I came across an interesting post. It was a post of a guy claiming that he had turned his $2,000 into a half a million in just 3 months through trading with cryptocurrencies and NFTs. But as one would expect from Twitter, the response was mix. There were people that believed him and people that don’t. There’s…

@beastion

Cryptocurrency Or Fiat Money: Which Currency Is Most Used In Criminal Activities? https://pixabay.com/illustrations/crime-handcuffs-laptop-binary-code-4512294/ Image source https://pixabay.com/illustrations/crime-handcuffs-laptop-binary-code-4512294/ **Are We Criminals?** Don’t you hate it when the Federal Reserve tries to besmirch cryptocurrency to prop up the US Dollar? I sure do. For example, the President of the Minneapolis Federal Reserve, Neel Kashkari claimed during…

@beastion

Blockstream Energy: Renewable Energy On Demand? https://pixabay.com/photos/power-grid-sunset-twilight-1587984/ **Introduction** One of the biggest issues with cryptocurrency mining, especially Bitcoin mining, is that it uses too much energy. Moreover, at the height of the Bitcoin mining boom, it was not uncommon for major mining projects to move to China for their cheap electricity which was produced by burning coals to maximize profit. If one coupled this with the fact that…

@beastion

The Sneaky Way Politicians Passed The New Cryptocurrency Bill https://pixabay.com/photos/hammer-books-law-dish-lawyer-719068/ **Introduction** It’s no secret that our government had always wanted to impose harsher regulations on cryptocurrencies to get a better grip on the nascent cryptocurrency industry. But since cryptocurrency also have ardent supporters in our government, doing so had been very difficult for them. It was for this reason that in all these years, our…

@beastion

Cryptocurrency: Are We Nearing Mainstream Acceptance? Image source https://pixabay.com/illustrations/bitcoin-cryptocurrency-money-coin-6467426/ **The Ever-Changing Wind** Have you noticed the many changes in the cryptocurrency market in recent days? If you have been paying attention, you’ll notice that many things had changed. For example, critics and even institutions had reversed their stance when it comes to cryptocurrency. Back in 2018, the internet giant, Google decided…

@beastion

Recycling: What Our Government Is Not Telling Us https://pixabay.com/illustrations/nature-earth-sustainability-leaf-3294632/ **What You Should Know About Recycling** Do you practice recycling? Are you a conscientious individual that always makes sure to segregate yours and your family’s recyclable and non-recyclable trash? If you answer yes to both question then great. You are a superb individual that is conscientious on making our environment clean and fit to live in for…

@beastion

A Touch of Nostalgia: Re-Playing Chrono Trigger After A Decade **Old But Gold** Ever heard of the game Chrono Trigger for the Super Nintendo System (SNES)? It’s a game created by the now defunct Square in March of 1995 in collaboration with Akira Toriyama, the author and creator of ever popular Dragon Ball series. https://en.wikipedia.org/wiki/Chrono_Trigger I first played this game in 2010 in an emulator on my pc running Windows XP Professional (yup, I skipped Vista and…

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@beastion

Cryptocurrencies Are For The People Not For The Government https://pixabay.com/illustrations/freedom-silhouette-woman-2053281/ **Government Slowly Losing Control and The Trust of the Regular People** Have you ever wondered why regular people are so accepting of cryptocurrencies while governments around the world seemed to hate it? Apparently, it’s a matter of control and trust. The core of cryptocurrency is freedom which is the exact opposite of that of the government which…

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