Token types to analyze and Invest on
When investing its not all about buying and storing or staking tokens. You have to select, analyze and diversify your **portfolio**. Imagine you invest only in the Meme tokens and then after keeping them for years you then discover they do not have much volatility or they have no use-case. This will leave you with a bunch of useless tokens in you portfolio, so you should try to diversify your portfolio.
**What should you consider?**
Categories
Project Behind
When selecting token to invest in you should analyze them in their categories so that you see which categories have the bright future. Here is a short list of other categories to look at:
Decentralized Finance (DeFi)
Yield Farming
Crypto Exchange
Memes
Metaverse
As we all know, adoption of a crypto currency determines its future. If an altcoin or token is well adopted then its future is bright. For that to happen, that altcoin should give investors reason to buy it.
Investors these days they are into love with the Decentralized Finance and Metaverse tokens, so which means if you play your cards right and chose the right DeFi and Metaverse tokens then the chances of you making money is high because DeFi and Metaverse are on demand.
There is a proverb which says, *"the puppies do not open eyes on the same time"* which means they do not see the sun at the same moment, each has its own time to see. So same with the Crypto Market, the altcoins are not ripe at the same time, you will see that when most altcoins are sky rocketing some will be ranging and you can not tell when they will move. So the best move is to diversify because its difficult to predict when its time for a certain altcoin to move.
Investors are into yield farming these days and especially in these days when the whole crypto market is in red sea, investors would be looking for Yield Farming platforms to stake and yield so whichever token is behind a certain yield farming will increase in value e.g Harvest Finance or Aave (LEND).
So i think it will be wise to also get involved in the Lending and Yield Farming so that you acquire more altcoins during the winter so that when the market is bullish your bags will be loaded.
Centralized Crypto exchange and Decentralized Exchange based tokens are also good to invest in as there are higher chances of them going up e.g Binance Coin was launched selling for $0.11 but it has an all time high of around $600. Now it has a Decentralized exchange where traders can now freely trade without any limitation or Know Your Customer requirements. There are other promising Centralized Exchange tokens still trading low and there are higher chances that they will make it to the top. We never know what the future holds for those and i think its wise to grab some tokens and keep them in your bag.
Decentralized Exchange tokens such has Pancake swap, Apeswap, Uniswap and many others are a good examples of Decentralized Tokens. We never know what will happen with the crypto verse so its good to buy invest in a diversified portfolio so that if another category is stuck it does not affect the rest of the portfolio.
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If i Liquidate my Altcoins Now - Will i Lose my Money?
The Crypto Market is not for the weak and the fainted heart because it has major ups and downs. When it surges it will sky rocket but when its struck with a 10 pound hammer by the bears it will leave you with some heartaches and you will be left in a bad emotional state. That is why there is a saying which says **"Fortune Favors the Brave"** and if you are not brave enough stay away.
When you embark on the Crypto investment journey you have to behave like someone who is in a roller coaster. When it starts rolling the speed will be thrilling and you have to hold on tight or else you will fly hard and not forgetting the speed also kills. When investing in the Cryptoverse make sure you use free money that you do not expect to use anytime soon and since its a risky investment make sure to use money that you can afford to lose. Some might think that the Crypto market always goes up but the true reality is when it falls many will lose their hard earned money.
**How Do Crypto Investors Lose money in bearish Markets?**
In the Forex Market it is claimed that about 10% only make money in the Forex markets and the remaining 90% lose money, the same thing happens with the Alt-coins. Not everyone is destined to be a millionaire in Cryptoverse because a lot of factors will determine. Normally when the Market is in the bearish wave and large institute are liquidating their positions the price will fall and the small retail investors will be affected heavily and they might think of buying the dip. When they buy the dip, sometimes it will go deeper again and they keep on getting into loses until they think of cutting their loses before they lose more.
The above chart is of SANDBOX and we can see that late last year SAND was super-bullish to the extend of rising from its all time low of $0.02894 and hit an all time high of $8.44 in about 21 day which is something that i have never seen since i started crypto investments.
Since SAND was skyrocketing i know i lot of investors jumped in and some of them jumped in when the momentum was about to slow down. Imagine someone who jumped in at $6, he is now sitting in a deep loss and we have seen that SAND fell about 61% from its all time high. So for someone who is soft hearted he might start thinking of selling his/her SAND in loss so that he cut his losses but doing so is a mistake. If you keep on holding you will never lose anything only the value will decrease but if you liquidate you will then be in loss. Its the same with yield Farming, you will get caught in permanent loss when you sell your Crypto Assets.
The only remedy to make it in the Cryptoverse is to HODL whatever Crypto Alt-coins you have. The Crypto winter always comes and go so do not be fooled by these crypto bloodbath and think you made a wrong choice getting into Crypto. How you handle your losses will determine how you are gonna survive and also if you are gonna get to Lambo.
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Higher APY Staking Returns - Are they Sustainable?
In Cryptoverse you will get used to things like Yield Farming and Staking and investors jump into these so as to earn extra passive income. As for Yield Farming i am not a big farm doe to the impermanent losses involved, so i am going yo be focusing more on the delegation/Staking option.
**Staking Overview**
Crypto Staking is when an investor delegate his idle crypto assets to a validator node so as to complete the block mining and verification process. In return the delegator is offered a reward percentage know as the Annual Percentage Yield or Annual Percentage Rate and these rewards percentage differs with validator.
Back in the days proof of Work was mainly used but the problem its associated with higher computing power and higher fees. These day most tokens are now on the proof of stake, whereby investors stake their tokens and they are used to validate a block and they get rewards depending with the blocks verified.
**Annual Percentage Rate**
We talked about the APY being offered by the validator will let the delegate chose if he wants to stake with them or not. Mostly when the validator is still new and the the delegates are few the Validator will offer a higher APR so as to attract new delegates. When the number of delegates increase and the number of staked amounts increase the Validator will then reduce the APR.
**APR Sustainability**
Depending on the goals of the Validator this will determine if the APR rates will be sustainable or not. If the validator has higher long-term goals then they will have to use low APR percentage so as to survive long. If the APR is higher then the validator will be valid for a short term period because the coffers will deplete soon and also the commissions he charges will determine if he will be able to meet the operational costs involved.
On another case Higher APR's might be used by scammers so as to lure the investors to jump into the ship so that they rip more. When the scammers see that the victims have deposited more and enough to runaway with, they will varnish with the money. Always remember that **"Not everything that glitters is Gold"**. So when staking and considering APR's make sure you check things like bonded, jailed, voting power and the likes.
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Should we trust Crypto and Forex Trading study materials that we find on the Web
If you hear someone talking about all the good stuffs found in Crypto & Forex Trading you will think that its just a take money business but you should know **"There is NO Holy Grail in Forex"**, When i first got into the Crypto investment business back in 2016 i was so determined and hoping to make millions. I used to spot good crypto on the market but the tables turned when i started doing Forex Trading. In Forex at first i was killing the Markets but i made a huge mistake when i joined a group of other Traders on social media and i ended up mixing my own strategies with other trader's strategies. From there my world turned dark and started making losses and it forced me to find some Crypto and Forex trading study materials on the web.
I dug a lot of information and started learning new things such as Support & Resistance level, Fibonacci, Trend-lines and i went back in to the market again and it was the same problem and its like i was losing more. I went back in after i was told to use Price action and i studied some stuff and i read differed books which seemed to clash with other info that i was studying. Some would say don't use stop-loss because there is whats called stop hunts where stop-losses are triggered and some would say use stop-losses to protect your account i ended up losing a lot more.
Someone who practice 1 kick 10 000 times is better than someone who is practicing 10 000 kicks.
***Mastering the skill will make you a pro and therefore less mistakes***
I took a break for some months because my mind was corrupted and i wanted to wipe out everything that i thought i knew about Crypto and Forex trading from my mind because my mind was now filled up with confusion and i was just donating my money to the brokers and devs. When i thought i was ready i went back and started learning again and that time i was polishing up my old strategy.
I revisited my old strategy and i spiced it up and gave it a name **"The dRv3.2 Combo Strategy"** and it was made up of Order Blocks, Trend-lines in collaboration with the Price action. That time i was like an eagle i was making some kills and as you know no strategy is 100% perfect i would make some losses at times but it was reasonable. That time i was now seeing that there is light at the end of the tunnel and that when is started calling myself **The Defiant Pathfinder**.
I thing that i learnt and i think it can be useful to some of you here, never copy what other traders are doing. Just find yourself first and know what type of a trader you are and then get in and learn from the game. Things such as handling emotions you will only learn to control them once you are in the game so that is why its always advisable to always start small so that you minimize the risk.
On the Crypto Investing side do not put all your eggs in one basket, instead invest in different projects and spread the risk. Lastly always have a trading plan and trade your plan, Once you do that i guarantee you that **you can even fly without wings.**
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You should Run your Own Race
When you go to sleep at night, do you take some time to do a quick review of what you have done and achieved during the day? Or do you take some time to plan for tomorrow so that when you work up you will be just focusing on what you wrote on your daily routine plans journal. What time do you wake up in the morning? Are you that type which wakes up at 9am in the morning or you are part of the 5.am club?
It might seem like a useless thing to do, but if you check how successful people live you will see that they have a habit of writing a to do list and make sure they follow it and during day end they do a revisit to see if they did well. This is a good way of tracking your progress so that you don't get lazy or distracted and forget to track your progress.
**Other Mistakes We Make**
Some actions we do will destroy our lives if we don't take necessary measures. Remember we are different people with different characteristics and we do and view thing differently. The most common mistakes being made is portraying or living fake life so as to please the people around us. You will see someone getting into debts just because they want to please someone and those debts might end up crippling their financial status.
There are motivational speakers out there but just because they said you can do it does not give you the permission to test the depth of the river with both feet. Everything you do has to be according to plan so that you avoid surprises which are not good by all means because you will live to regret it. Always start small but with a bigger picture, remember we have big companies which started in the garages or in the basement but now are multinational companies. Its not a miracle but its, sweat, determination, positive mindset, proper planning etc. Faith only can not move mountains but faith in action will do wonders.
**Put on your Blinkers and Stay Focused**
Have you ever asked yourself why blinkers are put on horses? If you did not know, its done to block the side views so that when its racing it will only see where its going and not lose focus. So as us, we should avoid necessary associating with people who are not so determined as we are because they might distract us, if we do maybe lets do it to a certain level and keep our circle small. Do not try to copy what others are doing just focus on you race, remember God gave you your vision and he did not give me your vision so the final decision has to be made by your because you know whats good for you. From others you just get ideas, knowledge and wisdom and use it wisely when you get it.
**Always Do Whats Good**
No one is useless so make sure when you are on top do not see others as trash. Even if you see a cobbler do not look down upon that person because when your shoe is torn apart you need that cobbler to mend it. So as the janitor he is so important, without them there is no cleanliness so make sure you value others and always appreciate their existence and their work.
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Whats better "to Miss an Opportunity or to Lose Money"?
I know this phrase might be 2 sided and we see it differently depending on how you approach your investments assets and Forex markets. Back in the days i used to say "It's better to lose a $100 than to miss an opportunity of being a millionaire because you was scared to lose your $100". These days um more protective when it comes to my finances because i have lost more than i could afford to lose in the name of being an investor.
There is no doubt that in every business there are risks involved and whenever you venture into a business you have to be willing to take a win or embrace the loss with open hands lol. There is a saying which says "you don't go near the fire expecting not to sweat", so anything can happen but you have to make sure the odds are always in you favor or else you will pour your hard earned money in the drain.
**Missing an Opportunity**
In the crypto markets you will find investment opportunities every time, its either there is a newly listed crypto asset or there is a pre-sale maybe there is a dip and you jump in and buy. Just because that its a pre-sale and you are told that the project will 100X does not mean that you should buy that token because the pre-sale prices are set by the devs and project owners, of-which in the real world the prices are determined by the market. So there are chances that you might buy an over valued asset and when its finally listed the price will fall hard and you lose money.
Lets say you are too aggressive with markets and you just decide to jump in as a result of FOMO you might regret it. Lets say a **sh*tcoin** is dropped on the market and when the devs want to make money they will just start Hyping that tokens promising heaven on earth and you jump in. By jumping in without proper analysis you might not put it into mind that for a Sell to happen there should be Buy orders ready to buy, so you might lose it and be amongst the victims list and lose your money.
So on my side i will chose to miss an opportunity than to lose my money and wait for the perfect moment to buy my crypto assets. On dips its not every dip that you should jump into remember some tokens will forever dip and your money will dip aswel.
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What are Governance Tokens and how do they operate?
Hi fellas hope i find you well, and for those who are new to my Blog welcome. In this article i am going to explain what are governance token and how they are used then a breakdown of some that i see with future.
**What are Governance Tokens?**
These are coins created by the developers of a certain project in order to allow holders of these tokens to vote and participate in the process of making changes to the project. If you are asked what is Decentralization, this will be your answer, Decentralization is when a coin is not centrally controlled by the developers and they are not the ones to determine the future but instead the rights are given to the community who are holders of these coins.
There are a lot of these coins which include: **Maker** which is the governance token for the DAI stable coin. it was launched in 2017 and it was being traded around $24 per coin and i has an all time high of $6,339.02 per but currently it is down and is being traded at $2,063.24 per coin. Its supply is limited to 1,005,577 and it currently has market capitalization of $2,016,810,674.
**UNISWAP** is another Decentralized trading protocol launched in 2018 but started trading well in 2020 and it is one of the most trusted amongst others. The UNI holders are the one who do the voting whenever there is need for any development in the UNISWAP. This token is fully decentralized and its future lies in the hands of the UNI holders. Its being traded at $10.95 per coin and has circulating supply of 632,540,237.34 UNI.
**AAVE** is the governance token for Aave trading protocol which runs on about 9 different blockchains which include Ethereum, Binance Smart Chain, Solana etc. It has a lending and borrowing platform which allows users to take crypto loans. Its supply is fixed at 16,000,000 and the current capitalization is $2,238,529,339. Just 9 months ago it managed to rise from $25.97 to a new all time high of $666.86 but currently its down to $164.90 per coin.
**COMPOUND** is another governance token which is running on the Ethereum blockchain and through its dashboard holders can participate in the voting process and decision making. Since its a decentralized lending and borrowing platform investors can lend out their cryptos and their interest will be compounded. Its supply is limited to 10,000,000 and only 6,569,676.75 COMP is circulating.
**Synthetix** is a decentralized finance exchange which issues crypto and non crypto assets. In March 2018 it was trading below $0.4 per coin but it managed to push up and now is trading at $4.87 per coin. Its supply is 212,424,133 SNX and its capitalization is only $559,622,32 which is still a bit low and i believe it has a lot of potential.
**YFN** is the governance token for the Yearn Finance which is a an automated yield farming. On their platform there is an option for the for voting for the YFN holders. The YFN is very liquid as it has a capitalization of $860,223,522 and it is trading at $23,510.44 per coin and it has assets worth $4,183,380,707 locked up in their vaults. YFN has an all time high of $93,435.53 which is an indicator of how lucrative this governance is.
5 Tokens You should consider Investing In
I thought maybe my passion for analyzing financial market will just end there but well it never did. I now have so much love for crypto currencies and now i spend most of my times analyzing the crypto assets finding the most promising to invest. I came up with a short list of tokens i see promising big returns in the long-run.
Maker (MKR)
Harvest Finance (FARM)
Venus (XVS)
Compound (COMP)
OctoFI (OCTO)
I want to keep this articles short and precise so that i just highlight all you need to know when making an investment decision. When i am making my researches for me to consider a crypto assets i just look at the: Market Capitalization, Total Supply of Coins and Lastly the Price. Market Capitalization should be high or if not is has to be promising, Then coins supply has to be low as this will create demand and the Price will eventually rise.
****Maker (MKR)****
**Market Capitalization:** $$1,995,695,163
**Total Supply:**995,239
**Price:** $2,041.76
Maker is a governance token and it was created in 2017. Its launch prize was around $24 and now its being traded for $2,041.76 per coin, you can see how much it has moved since 2017 and has an all time high of $6,339.02. With its low supply of 995,239 it has higher chances to surpass $50,000 provided that they keep on working on their brand and move volumes.
****Harvest Finance (FARM)****
**Market Capitalization:**$71,346,848
**Total Supply:** 563,624
**Price:** $106.19
Harvest Finance has much lower supply and with that the demand will be high so as the price. It has an all time high of $2,236.04 and i am sure soon it will surpass that and it will reach $50,000 in years to come. Now its currently trading at $106.19 and i think now is the right time to acquire as much as you can, as for me i am thinking of having 5 FARMS and just stake them on their website.
****VENUS (XVS)****
**Market Capitalization:** $145,123,488
**Total Supply:**12,045,818.00 XVS
**Price:** $12.08
Venus is performing pretty well in the crypto market and its capitalization is $145,123,488 which is so promising considering that it has an all time high of $147.02. The supply is not that bad and the price is still affordable, Its worthy looking into this coin
****COMPOUND (COMP)****
**Market Capitalization:**$855,764,982
**Total Supply:** 10,000,000
**Price:** $130.54
Compound has a high rate of adoption as we can see its capitalization in sitting at $855,764,982 which is a good sign. Its supply is limited at 10 million and it is being traded at $130.54, its never too late to jump into this train. Today it set an all new time high of $878.14, i see this surpassing $25,000 in a few years to come and surely it will pay the bills.
****OctoFI (OCTO)****
**Market Capitalization:** $47,688,743
**Total Supply:** 800,000
**Price:**$3.74
This one is still fresh, since last October 2020 it managed to rise from around $0.1749 now its $3.74 per coin and just looking at its low supply of 800 million its small and it low price is still affordable to buy a few tokens considering its low price. The capitalization is still small but i see great future in this.
Your comments an feedback will be appreciated so that we see what you also think.
My Crypto Outlook 2022 - Re-Igniting The Cryptoverse with DeFi, NFTs, Metaverse & P2E
**Re-Igniting the Crypto Flame with Bityard**
Bityard is a leading Singaporean Online Crypto currency trading platform founded in 2019 and it has more than 100 trading pairs. It is regulated by American Money Services Business, Business Administration of Singapore, Estonian Financial Regulatory Authority and Australian Transaction Reporting and Analysis Center. With all these regulations you can deposit your money without any doubt because you are well protected.
Bityard values the security of their clients and require the Know Your Customers and which is also a necessary requirement by its regulatory bodies to avoid suspicious activities, laundering and fraud. If it happens that a trader lose his money e.g during a hack, you have to be rest assured that you will get all your balances, so there is no doubt that every trader and investor need Bityard in their Cryptoverse.
**Deposits and Service Providers**
The most thing i love about Bityard is its non discriminatory and is meant to serve almost everyone in 150 countries. Other platforms limits and does not serve all clients equally due to minimum deposits. At Bityard the minimum deposit is $0 which means you can deposit every small amount that you think of adding to your account.
They have different Service providers namely Banxa, XanPool, Transak, Ramp and just to make sure your transactions are smoothly done you do Your KYC and you are good to go. They support more than 50 Fiat currencies which include USD, VND, ZAR, ARS.
Unlike other Exchanges who just use 1 service provider when depositing using credit cards, on Bityard you have a variety with different rates and different limits. The buying process takes between 2 to 10 minutes and you order will be ready, in some cases it might be late and if it happens always refer to you email and check the update.
**Market Segments**
As i said Bityard is an Exchange platform for all, whatever you need you will find it there. It has different segments namely Spot, Lite Futures and Perpetual Futures.
The **Spot** segment is the arena where you will find all trending crypto assets listed and being traded e.g BTC, ETH etc. On that segment you will notice that it is categorised, in different crypto pairs, BUSD, USDC EUR GBP DOGE and USDT and you can trade all you favorite crypto pairs.
On **Lite Futures** you will find segments like Crypto , Commodities and Forex meaning to say even Forex traders can also use this segment to trade the commodities listed there and Forex pairs listed.
Lastly we have **Perpetual Futures** and this segment has 4 assets that you can trade.
**Copy Trading**
Bityard doesn't leave its weak friend on their own. As they know that the market feeds on the weak, the undisciplined and the inexperienced they made a plan to carter for those our lovely friends. They have copy trading were its clients can follow the traders they want and make trades following experienced traders.
With this you will never go wrong as all the information you might need if all publicly provided like Trading days, Total trades, profit rate and followers. You can see the performance of each trader and you choose the one you want to follow, so you see they make it easier for each client to make an easier trading decision through making a comparison.
If you select the trader you want to copy from its will show you all the option. The minimum amount required for copy trading is 10 and once the trades reach daily copy margin of $12 000 it will stop copying.
Who doesn't want free crypto currencies, i am sure everyone does love it. On Bityard you can get these free crypto mystery boxes for completing different tasks. You can deposit money into your account using Banxa and you might be lucky and get yourself a mystery box, Depositing with TRANSAK will get you the chances to win again. Trading in the Spot will getting you amongst the lucky winner and the KYC also gives you the chance to win. Everyone has a chance to win here and a lot of tasks to accommodate everyone.
Get your assets to work for you, here you can select your mining tokens that you want to convert to USDT and then begin the mining process process.
**Fees**
Bityard has different fees structures and they are categorized as follows; On spot fees it ranges from 0.1% to 0.3% each for Maker and Taker. Then there is conversion fee when trader is swapping from 1 crypto to another which ranges from 0.1% to 0.15%. Then there is rollover cost which is the fee charged for holding a trade over night and its 5%. These are the cheapest fees you will ever find on Crypto trading exchange platforms
**Affiliate Program**
They have a well paying referral program where they pay 40% of all trading fees and the commissions are paid in real time. Checkout the above structural level which shows how you can benefit from the referral program.
**My Trend List**
Just looking at the Lite Futures i have so much faith that ATOM also known as COSMOS will be trending. I have been following this token for some time now and i just love how it outperformed other tokens. From its all time low of $1.13 2 years ago it managed to hit an all time high of $44.70 in September in 2021 and i am expecting a nice performance after the crypto winter. Its Dapps are increasing now at 262+ and they are managing 130 Billion worth of assets.
Atom has total supply of 500 000 000 ATOM and out of that they have 287 000 000 that are circulating. They have 179 000 000 staked and 108 000 000 are left in the circulating, as the number of Dapps increases and the number of assets staked this means the circulating is decreased which will lead to higher demand and low supply therefore drive the price up.
**Bitcoin** As we know Bitcoin is the ancient Crypto and it always lead the way whether its Crypto winter or summer. Unlike other alts which has many use cases, Bitcoin is mainly used as a investment asset and as a payment method. As the world is embarrassing Crypto i see BTC going to the moon and one day in the coming years we will see it hit 500K.
Looking at the above chart BTC is trading below the trendline and i am anticipating a break above and a retest , then from there we heard to $60000. Once we reach $60 000 we then look if it will break above $69000 and if it does i think we will close the year 2022 trading around $75000.
**Ethereum** This is the second largest Crypto currency on the market and this one has many uses cases as compared to Bitcoin. Dapps are now being built upon the Ethereum Blockchain and despite the crazy fees being paid on ETH and ERC-20 tokens, we still see developers and investors getting involved in the ETH ecosystem. This is proof enough that ETH is still getting stronger no matter what. I am sure when ETH 2.0 comes into place ETH will sky rocket.
I think if ETH hold strong at $2600 it has chances to close the year trading at around $4500 to $5000 per coin. Lets hope the fees will be reduced once they are reduced then we expect a rise.
**Meme Tokens**
Honestly i a m not a big fun of meme tokens because most of them do not have much uses they are just being created out of fun. If you have see recently Elon praised to Doge token and it went to the moon reaching an all time high of $0.73 and we saw the introducing of Shiba it got the same praises just like Doge from Elon musk and it made some moves. Then after we have seen a lot of meme tokens created and the developers saying they are all inspired by Elon, e.g we have Shiba, Baby Shiba, Floki, Baby Floki, and a lot. A lot of rug pulls are happening in the meme tokens so i just don't have that much faith in them, of-course i do invest in them but i only invest a few dollars so that i wont regret when the project fails.
There is too much Hype in the memes and on the actual ground there is nothing. They have too much supply and that limits the price from sky rocketing, there are others which might do well but as for Doge and Shiba i don't think they will do much now because they outshines other memes. Currently my eyes is on Pitbul token and i hope to see it someday listed on Bityard.
**NFTs, Metaverse**
There is no Doubt that the Metaverse, NFTs and Gaming Cards have taken the household name and is slowly burying Memes. When Facebook rebranded to Meta we saw Metaverse tokens skyrocketing, Axie Hit$165.37 from its all time low of $012 in just a year , Sandbox hit $8.44 from $0.02894 in just a year and Mana Hit $5.90 from $0.007883. We can see that Metaverse tokens are stronger than we can imagine.
Investors are also embracing the NFTs and Battle cards and these are being used on play to earn, reflections and Keys. Bityard has Metaverse tokens on its list such as Mana, Sand, Axie and they are still expanding. I am expecting to see a lot of emerging Metaverse tokens being traded on Bityard because they are the future and Bityard is the future again.
Remember we used to pay and play games but now we are playing to earn which is another factor which will make the Gaming tokens popular and a lot of investors will embrace them. We all love playing games and we all want to get paid, so i see the Metaverse global capitalization increasing and closing the year 2022 above $100 Billion.
**Crypto Giving Block**
The giving block was formed in 2018 after they saw emerging fundraising opportunities in the Cryptoverse and now most donations are coming from the cryptoverse. Its more like they are giving back and at the same time creating awareness of the Crypto currencies. Bityard got its self involved and they are going to donate 50000 Shib tokens for each post in the CryptoOutlook with the tag **The Giving Block**. https://thegivingblock.com/about/
Everyone is welcome to join no-matter the size of your net-worth. Lets all come together and make a change and save the world through crypto donations.
**Conclusion**
I just wanna close up by saying Re-Ignite your crypto verse using Bityard, they have so much to offer. They are the future and leading in the industry which makes them the most Complete exchange. Find out more on their **Trading platform** and their **Twitter page**. https://affiliate.bityard.com/?lang=en-US&token=8dae2ed8-4105-4fe6-85ea-a711dce42345 https://twitter.com/BitYard_Global
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My Crypto Journey - The Worst Investment Decisions I always regret
Have you ever went back in Cryptoverse revisiting your old blockchain transaction history seeing the transactions you were making and the amounts you were moving. The most hurtful part is seeing how much it would be worth today if you had HODL.
**My Crypto Journey**
This Crypto Winter reminds me of how my Crypto Journey started back in 2016. Crypto was a new thing to me and i got to know it through pyramid schemes since we made our deposits using Bitcoin. As i saw my Bitcoin wallet changing value on daily it made me wonder how this happens and i just told my self i wanna get to know these and i started learning about Crypto and investing in it. I remember owning 1 BTC once when it was worth around $400 and sold it at $700 and bought myself an Iphone 5, a Queen sized bed and a wardrobe LoL, it was the foolish decision of the Century.
This is the partial fraction of the BTC i sold in 2016 for $501 and the other 0.18BTC on another transaction and imagine on that 0.82 if i had kept it i would have been siting on $31,000 but its all history now.
During that time my love for Crypto started growing and i could read between the lines and tell which Crypto has future just by looking at the charts, supply, daily transactions volume e.t.c. Whenever i made profits in the pyramid schemes i would use them to Buy Ethereum and by that time it was going for $3 and i bought 50ETH tokens.
These are Some of the transactions i made and i told myself that i will not sell any of my Ethereum until 2 years has passed. The unexpected just happened, i found myself in the Forex trading circles and i started trading making some profits. Then the darkness came over and i started making losses until i had no money and i thought of selling some of my ETH.
I started selling it bit by bit until it was finished and i was left penniless with no Crypto in my portfolio and just a few months after i sold all, BTC hit an all time high of $20000 and ETH $1400 and my dreams of becoming a Crypto millionaire were shuttered and i took a break.
Why Supply and Demand matter in Crypto & Forex Trading
In the Financial sector Economics plays a pivotal role and it determines the levels of inflation due to its law. For a company or Country Economy to perform very well, they should make sure they have the best economist who can foresee the future and possible dangers. These day a lot of countries are in deep Economic crisis mainly "Hyper Inflation". Hyper inflation is a result of malfunctioning industries which will reduce the cash inflows and exports, printing of Fiat money which doesn't match reserves and all this will affect the cost of living.
In the above image that guy filled in the wheel barrow with bricks of money and in exchange he got 1 roll of tissue paper, this i a result of hyper inflation. On the Forex Market the **Venezuelan bolívar** will be weak against other currencies and most of the times it will be selling. So as a result of higher cost of living and worthless money the Government ended up printing lots of Bills leading to too much supply of Fiat. On the market there will be too much selling pressure and the traders will always work on the bearish order blocks.
**Too Much Supply on Crypto Tokens**
The Crypto developers are aware of the effects of supply and demand in relation to price that is why they are now relying on deflationary supply. They know that with a deflationary supply, investors will hold the tokens for a longtime while the supply is constantly being reduced due to burning of tokens or buy backs and will later enjoy when the price starts to sky rocket due to low supply and high demand. If a token is on high demand and the supply is low , then investors will sell it for a higher price. So now investors are much concerned in deflationary crypto tokens so that they hold something of value.
This problem is in the meme tokens because they have too much supply and if that supply does not match the demand then the price will always be low. We saw Dogecoin last year hitting $0.7 mark and it was a big move but there are small chances that it will ever reach $5 per each doge because of too much supply unless it has the market capitalization of Bitcoin.
The same issue happened with Shiba Inu, it got too much attention and was well adopted but because it has too much supply and for it to delete 2 zeros and trade at $0.0015 it has to reach the Market capitalization of Bitcoin. So all these meme tokens with too much supplies are limited in terms of price growth unless they start to do serious burning and reduce their supplies.
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Maturity and being Old are 2 different things
There is an African proverbs which says "Whatever the elders say is correct and will get to pass". Its always a norm that we listen to whatever the elder say especially if they are old because they are matured enough to give an advise to the young generation.
How ever there is a huge difference between being Mature and Being Old. Always remember that even fools get old, so you might get a foolish advise from an immature old man/lady. So when getting advise from our old elders you have to be selective and act like someone who is eating fish. There are some who are matured enough but at some point they can make a mistakes like any other human, so its wise to carefully analyze the advises you are given so that you remain with the best only.
The upbringing of a child determines were his life is heading. If a child is raised well then when he grows up he will grow to be a grown mature old man. Even the bible says you should start teaching your children's whilst they are still young so that when they grow old they will be able to apply what they were taught whilst they were still young.
This current world we are living in is heavily infested with too much crime and thuggery and young kids gets involved at a tender age. Have you ever imagined were those kids will be in the next 50-60 years? They are gonna be old and about 55-65% of them are likely to be immature old man and do you think they are gonna be able to dish out a wise advise to the you generation which is gonna come after them? The chances are slim unless they don't get involved or unless they are gonna be speaking from what they experienced.
How Can you tell if a Play 2 Earn Crypto Project has a Brighter Future
The Crypto Market is growing on daily basis with new projects being launched and currently according to coin market cap there are 9343 crypto projects. At one point the global Crypto market capitalization once reached $3 trillion and this shows a huge adoption in the Cryptoverse. Also note that whenever things get heated a lot of scams will also emerge, so crypto is not that easy to invest in but its a process which requires a proper research and making the right decisions.
Currently Metaverse are the main topic and NFTs are selling like hot cakes, but that doesn't mean that you should invest in every NFT & P2Eproject you see listed. Some projects get listed and sell the graphics on their website only and investors fall in for that and some are creating garbage NFTs and selling them ripping of investors.
When i started investing in Crypto in 2016, i used to check things like total and circulation supply because i knew from the Economics basics that demand and supply plays a pivotal role in driving the price. Also i checked the liquidity of the project an see how much volumes they push per day as this determines the level of confidence that investors have. Lastly the total market capitalization because i knew that if the project is good and if people are investing you can tell from the total capitalization in circulation and also take not that total capitalization is made up of 24hour volumes and locked volumes.The above mentioned factors made me invest in Bitcoin and Ethereum in my hey days.
**Scanning NFTs and PLAY 2 EARN Projects**
If looking for a good NFT and P2E now you do not have to just rely on Total Supply, Circulation Supply and Capitalization but you now have to look beyond the project and determine its future. Now the first thing you have to do is check their white paper and see what they are planning Then join their social platforms like Twitter, Discord or Telegram and watch out for updates and the activity of the devs. See if they are long term projects or short term so that you know because some projects are just for pumps and dumps. For long term project the Dev's focus more on building the project making improvements on the platform, getting into partnerships and creating games. I love this idea because the project will be stronger when it get listed.
For short term projects they just launch their project on the market and then they start marketing and working on getting listed on the centralized exchanges and investors love that much. Mostly when these projects gets listed they just get pumped and dumped because they lack actual games. A lot just promise games and stick to that without delivering in time and some just create one game and stick to that but long term projects build a foundation with lots of games on the platform and attract a lot of gamers and once they have more gamers and the project now in the hands of the investors it will go far than anticipated. They work on on-boarding devs from different chains and also from different gaming platforms in order to conquer the blockchain gaming sector. That is how you tell if a project has got a brighter future ahead.
Then on the issue of capitalization, now we will be focusing more on low market capitalization projects with potential and invest in them, one day we will rip what we saw.
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What Else should Crypto.com do to be more Valuable on the Market
There is no doubt that Crypto. com has done a lot of work in the Cryptoverse in terms of advertising and working toward mass adoption. I am sure there is no other Crypto that has done like Crypto.com in terms of Crypto awareness. Just a short brief, they got into partnership and bought the naming rights of Staples Center, they bought 2 crypto exchanges and in Feb they are getting into "Super Crypto Bowl".
The Super Bowl commercials will bring in more attention in to the Cryptoverse especially on CRO adoption. There are chances that a lot of investors will be tempted to buy CRO and stake them on their Visa and enjoy the cashback's whenever they purchase something using it.
**What Else has to be done?**
Um sure Crypto.com has done the largest burn in history when it burnt 70 billion tokens from the circulation and now left with 30 billion. Well the supply is still too much and some CRO's has to be put up in the blast furnace. There has been questions about Crypto.com being able to overtake Binance and become the biggest crypto exchange platform in the world and there were projections that if CRO reach the same market capitalization of Binance then 1 CRO will be worth $4 and that was before the crypto winter but today it will be worth $2.9.
If they do massive burns and burn a lot of CRO and maybe leave only 1 Billion then the price of CRO will be $73 with the market capitalization of Binance. I am sure they have this in plan so i think maybe if they reach a certain number of users like 100 000 000 users they will burn some tokens. So we expect to here some news once they reach a certain target of their user-base regarding the token burning.
The above screenshot is of CROUSDT showing a new dawn which has just arrived and its a healthy chart. I expect the CRO to close the year 2022 trading above $1.45 and with the current bulls charging up we a likely to break the all time high in less than 2 months. CRO is a long-term investment and its a token worth to be held for even mo than 20 years because they have long-term plans.
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If you don't have Imaginations then you don't Have Wings
The most prominent businessman's we see out there did not just got there miraculously, they made their dreams into a reality. We know for a house to be built, you first have to lay out a foundation so that you begin the process of building and without that you won't be able to. So everything has got its own beginning and you can't escape that.
In business you do not just come and say um doing a business but first you should start by finding a problem then workout and provide a solution. That is how businesses operate, **provide solutions to the community**.
The first thing to do is try and imagine things and seeing beyond that imagination. Once you start imagining things you will be tempted to implement your ideas. The idea of creating demos its all about implementing what you have been imagining and putting it into action. After the demo is successful you now go for the actual project based on that demo you created out of imagination. After the project is done now you will present it to the community and from there you will be working on improving and adjusting the project to accommodate everyone and then you expand your operations.
**Why do many people fail in Their Life Endeavours**
If you are someone who has not started yet then **lack of imagination** will be your biggest challenge because if you lack that then you will not fly. Then for someone who has imaginations, he has the ability to fly but his **mindset and his circle** will determine if he is gonna make it. There are some who have a limited mindset and they don't think outside the box. Their ability to fly is also limited if they are in a tough situation because they wont be able to outweigh their problems.
Then another challenge is **fear of the unknown** and this type of fear is amongst the great barriers to success. Today if you offer someone to chose either to work for 40years earning $300 per month or a capital amounting to $3000 to start a business, some will opt for a job because there is guaranteed salary.For them to take the capital and start a business they will start thinking negative things like what if the business doesn't work out and what if i make losses. So the fear of the unknown will be their greatest barrier and will draw them back.
**How to Overcome such barriers**
The first thing is to change your mindset and always think about positivity. If you start something with a negative mindset and if you seem to face a minor challenge you can easily give up because there is too much negativity in you. Lastly you have to watch your circle, if you associate your self with negative minded people then there are higher chances that when things turns sour no one will give you a positive comment or push you to work harder, instead they will be the first to tell you to switch the lane and purse something different.
We have a lot of potential millionaires but the idea just suffer a still birth because of wrong association and Fear of the unknown.
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What does it take to become a Successful Trader
The Crypto and Forex Trading journey is not an easy road. If you go on social media platforms like Instagram, Telegram and the likes you will notice that a lot of traders will be showing of their brand new wheels, their mansions and some will be showing off their trading account balances. Then looking back at your trading history you will see that you make $100 profit in 4 days then on the 5th day you lose $120. S o you will be moving 1 step to the front side then 2 steps backwards.
A lot of traders out there are losing what they can not afford to loose due to different reasons. Some might get themselves into debts taking loans or borrowing from friends and make deposits, but they will lose that money. At the end of the day they will end up saying Crypto trading and Forex trading is a scam.
**What is the First Mistake they Make?**
I mentioned that traders go on social medias admiring certain traders and they get inspired then start trading. Imagine seeing someone saying i bought a Lambo with money from trading, obvious you will tell yourself that i can do it aswel and then you try to copy their trading style. ***Now you will be trading with pressure trying to be successful just like your idol. As a result you end up over trading, having poor risk management, over leveraging your account and trading every market and greedy will consume you.***
Just because you are trading without a plan you end up doing a lot of mistakes and they will cost you a fortune. A lot of trader are poor now because they ended up doing things they were not suppose to.
I made the same mistakes when i first started trading and it costs me a lot and at 1 point i told my self that i will never trade again. I was impatient, greedy, i traded like um playing pacman and i blew so many accounts. I used to follow trading gurus but after i made my loses i told myself that i will never follow anyone. Each decision that i will make has to be my own not influenced by someone and if i make a loss i will know what went wrong.
**How to Change your Trading Lifestyle?**
In trading the first thing you should do is to change your mindset because mostly the mindset gets corrupted easily. Take trading as a business and make sure you have a trading journal and always check the economic calendar on daily basis before you start trading so that you know if there are any news. Always make sure you analyze your charts on a bigger time frame so that you see a true picture then take your time to wait for perfect entry points.
**Big Account Size**
About 75% of traders think that for you to make it in the trading business you should have a large trading account. It now depends with your mindset, if you are not experienced and if you can blow a $20 account you can also blow a $50 000 account. Once the account gets fat, you will be tempted to use a larger lot size and boom you get hit. If you are an experienced trader and well mannered with proper risk management you can make it as long you are trading in accordance with your trading plan.
Know the markets you are trading and get to know the volatility level so that you will not be shocked when you start to see fast moves. Last but not least, Start small but with a Bigger picture and make sure you make it a habit to withdraw profits. As long the money is still in the trading account its not yours because you can lose it any time and always remember that the markets doesn't belong to your ancestors.
Crypto.com Accumulating Momentum through new Partnership
Crypto.com is so dedicated when it comes to making sure that their brand is well known worldwide. They always get into whatever that makes them on the spotlight. Looking at their partners list u will see they are more into sports partnerships, its because almost everyone love sport and if they partner with sport partners they are guaranteed that their brand reach out to multitudes.
**Multiyear Partnership with Lebron James and the Lebron James Family**
Last year Crypto.com signed the naming rights deal for more than $700 million with the staples center, and on 25 December their contract began. As we know Staples Center is the home of Sport and Entertainment and it also happens to be the home for Lakers and clippers. If you did not know Lebron James is a well known Basketball player and plays for Lakers. On 28 January 2020 Crypto.com, Lebron James and Lebron James Family got into a partnership to help the Akron Kids is learning about the future of the Internet **"Web 3"**. The Following tweet was made by Lebron James:
Since Staples now Crypto.com has been the home for Lakers this means a lot of people will embrace the CRO because a Basketball legend is in partnership with the Crypto.com and this will spice up the Staples Deal. Just looking at Lebron's followers, he has 50.7 million which means the Crypto.com will soon be known worldwide. So from the recent partnership we expect CRO to be building its momentum waiting for the other good news.
**What Cooking Up Next?**
This coming February Crypto.com will run its 30second "Super Bowl commercial" and paid $6.5 million and we expect a lot of viewers turning to be investors of CRO. We can see Crypto.com has dedicated so much into advertising and surely this will one day payoff. They are giving heir investors adequate reasons to buy and HODL the CRO token because they are trying to be the face of Cryptoverse.
The above CROUSDT weekly chart is showing that the price has been held up at $0.4 and its likely to gather momentum at that zone. When the Superbowl starts we will see how the market will react, but just from the looks of he thing this token is so bullish.
**Closing Thoughts**
Recently i have seen a lot of investors trying to project where CRO will be and some were saying CRO will hit $400 in 2025 and some criticized saying the supply is too much. For sure the supply is too much and for the price to get there a lot of burns has to happen. What i think is maybe the team want to focus more on advertising and let the word spread and when they surpass the 100million users then they do another huge burn and the price will surely sky rocket and those who were patient enough to hold will be smiling. That is what i think and lets see what happens on the super bowl and just wait for the burning news.
How does S&P500 relate with Crypto Currencies
Forex & Stock market has been traded for centuries and people make a living form that. Day traders mostly focus on smaller time-frames and taking advantage of political and economic data release since the market is volatile during that time. As for the swingers and long term investors they focus on the larger time-frame using the S&P500 as the benchmark.
**How Does S&P500 work as a bench mark**
S&P500 is Known as Standard & Poor 500 and it tracks the performance of 500 large big companies in the US. It is amongst the most followed Equity indices as an indicator of the US Economy. The performance of the US Economy is seen by the performance of the Top 500 Big companies. If economy is on the right track the companies will be performing well, but if they are performing badly investors will withdraw their monies from their investments and they invest in something stable to avoid losses, preferably Gold.
The above screenshot is a daily chart of S&P500 and i put up a red horizontal line marking the date 22 Nov 2021 and i marked the area with red. We can see that from 22 the S&P500 has been bearish. If we look again the US Dollar index which measures the general strength of US we will see that it was bearish on that very moment, meaning to say the economy was performing badly. That time everything was falling, even gold and only Tech shares were surging that period.
**How does S&P500 impact Crypto currencies**
It has always been a norm that when crypto analysts are analyzing a certain crypto, they always advice you to do your own research and above them all *"Use what you can afford to lose"*. So with the current pandemic and Economic drawbacks most people lost their jobs and are now spending what they has saved for pension. So if the economy is not performing well that period, people will not gamble their money on crypto currencies since they move up and down.
On the same date when S&P500 was bearish , the crypto market was bearish aswel. If you check you will see that even Bitcoin and Ethereum fell, meaning to say the economy was bad for people to invest in crypto currency so they decided to invest in Tech shares. The screenshot above is proof enough to tell that Crypto currency moves hand in hand with S&P500.
**Other Possible reason for a Bearish In Crypto Market in November**
We know that November people will be preparing to go for holidays and when doing so the companies will not be operating at full capacity which means production will reduce and this will impact the economy and low data earnings were recorded.
There is also a possibility that investors might have liquidated their positions from stocks, crypto currencies and spend the money on their vacations. This could be another valid reason because S&P500 was falling, Gold was falling and Crypto market was falling again and this means that the money was not being invested on another asset, instead it was being chopped.
How most Traders and Investors react during the Crypto winter
Not everyone wants crypto winter to come because they want their Crypto assets to just sky rocket without turning back. One thing for sure is the market always move either sideways or it goes to the moon but always remember that whatever goes up must come down.
When the time comes the whole market will crumble into the red sea and that is when we see the different types of investors and traders we have on the market. One thing i can say is, 'the pain is inevitable but suffering is optional'. The winter will always come every year and it always go and a new dawn starts, how you react to that winter determines your future.
**Why Does the Market Dips?**
The Market makes U-Turns whenever they hit certain spots and they do a short retrace or reversal going downwards. When this happens we know that the investors and traders are temporarily getting out of the trades or taking their profits waiting for a perfect moment to re-enter again. So as a trader or investor make sure you are wise enough to tell the difference and make the right choices.
**How trader react**
We have 2 types of traders and investors and you see their true characters when the winter comes. Firstly i will start with
**HODLers**; Lets say the market is trending going to the moon and all of a sudden it hits a corner stone and takes a huge dip, the HODLers will just take a chill pill and relax. Some will fill in their bags as this is the best opportunity they get to buy at a discount.
They know that when they buy the dips they will quickly get into massive profits when the crypto summer comes. Always remember this, Buy the Low and sell high, this is how traders and investors survive in the Crypto jungles.
**Panic Sellers**
These are the worst traders Lol, i used to be amongst those and i realized that its a game of emotions. I have come to realize that do not get involved in the fast moves because that is when you will make irrational and bad decisions in a rush.
Always avoid being a panic seller because you will live to regret it. Whenever you panic sell remember someone is buying those same coins you are selling and they are going to HODL and later sell them at profit.
So the first thing you should do is knowing if you are a swing trader or a long-term investor. If you are a long-term investor its obvious you will be making investments which you want to harvest in some years to come, its like you will be creating your pension fund.
wisely and don't check on daily So just select your crypto assets basis to avoid making foolish moves. The world is embracing crypto currencies and blockchain and with the major partnerships happening on Crypto.com its a big sign that in 5 to 10 years the global capitalization will be huge. Just make sure you don't let the Big players toy with your emotions because when ever we make loses they make money and whenever they shake markets its like they will be saying jump and we ask how high. So to avoid that just invest and forget and let the market do its works.
If you are a swing trader then you have to make sure you always check the charts so that you don't get hit whilst your guard is down. Most swing traders suffer from this, imagine seeing that you was in profit and all of a sudden you are now in a dip loss. So just make sure you are on the right path and not let the brokers and crypto exchanges hit you with margin calls. Always know when to hold and when to let go, try and look for reversal candlesticks so that you get out in time and book your profits.
**Conclusion**
Crypto winter is not a time to panic sell, its a time to HODL and eat the dips while we waiting for another bullish waver. If you panic sell, you will be just moving 2 steps forward an 3 steps backwards so don't let the noise in the market destruct you.
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Play Games on HiFi Gaming Society and Earn Passive income
Gone are the days when gamers used to go to the Gaming shops, buy gaming tokens and press and play. Of-course there are still others going to the Game shops to play games but with the World changing fast we now have games on Block-Chain and unlike the good old days when we **Pay to Play** now we **Play to Earn**.
**My Most Favorite Gaming Platform**
We now live in the Metaverse World and New games are emerging day by day. My most favorite Gaming platform is HiFi Gaming Society and its always consistent in delivering new games on its platform. Its community has grown big so fast from around 6000 followers to 20444 twitter followers in less than 3 days and the HIFI holders addresses tremendously increased to 3,139 addresses. https://hifigamingsociety.org/browse-games
The most reason which makes me love the platform and its community its because they are Organic Growth Oriented. They want steady growth which makes them a long-term project you can rely upon. See that screenshot above its showing the total supply of 1 Billion and the number of holders. If you check how the number of staked coins is increasing on their platform you will definitely love the project, the numbers increased from 222 million to 233 million and this is just a sign that investors are staking more to rip more from the Juicy 51% APR.
**The HiFi Earning Structure**
They have a good earning structure on their platform and you can earn if you play games and you can also earn from staking and for staking you need to play just 1 game for 10 minutes to activate it.
**Gaming Rewards**
The above section shows the dashboard account for someone earning just from the basic plays without boosting. You can earn from 5 different categories and an **"L"** shows the level of earning you are getting from each section. The earning section is divided as follows:
Plays per Day - For 1 play you get 1.01 HiFi and if you play a total of 5 games and each 10 minutes longer you get 5.05 and that "L5".
Total Play Time - This section shows the total time a gamer has played that day and for you to reach **"L5"** you have to play for 50minutes and you get your 5.05
Achievements - This section shows the total number of HiFi's a gamer has withdrawn or compounded and this will keep on increasing your level earnings as you earn more from playing
Challenges - This section is a reward section for consistent gamers, its just for appreciating their continuity of playing and this Level keeps on increasing by daily logins.
User Level - When you login you get these 5.05 HiFi's for just logging in to the platform
Staked Level - If you had staked you get this reward aswell its an entry level for anyone who staked, more like a bonus.
If you want to take your earnings to another level i urge you to buy Boosters these will boost you daily earnings. They start from Bronze, Silver and Gold and if you spice up your gaming with these you will live to be called "Richard and the Riches".
The Silver also known as the Tesla will get you to Level B1 which is higher than L5 and you will be earning16.85 on each level and if you max out all the 6 categories this will net you 101 HiFi's per day and 3033 HiFi's monthly. Then the Bronze also known as the Anonymous is Level B2 and will get you 42.22 on each segment and that a total of 253.32 HiFi's on daily earnings and 7599. Lastly is the Level B3 also know as Bitcoin will get you 84.74 on each segment and if you max out all the 6 that will be 508.44 HiFi's per day and 15253 HiFi's which is $53 in value for just boosting only and all the boosters lasts for 30days.
**Staking Rewards**
This segment is the staking segment and its shows the total amount that you have staked on the HiFi's platform and its shows the APR that you are earning and last but not least the Passive earning you are earning on daily basis. The HiFi earning formula for Staking rewards is Amount Staked by APR then divide by 365=the amount of HiFi you earn daily for staking only e.g 100 000 * 51%/365 day=139.7 HiFi. So from staking 100k HiFi on monthly earning will give you 4191.7 HiFi which is $14.6. Ask you self if someone has staked 1 000 000 HiFi's how much is he earning per month, do the math.
**The HiFiver Combo Strategy**
I call it the HiFiver Combo Strategy because this is made up of HiFi booster and the Staking Then compound the earning after 30days and every HiFiver need this strategy. Lets say you have 500 000 HiFi's this will get you 698 HiFi's everyday and in 30 days that will be 20958 HiFi's and that is $73 with the current market value. The trick is to spice it up with the Gold boost and you will get 508 HiFi's from the boost per day and in 30days that will be 15253 HiFi and if you add it to that 20958 that will give you 36211 HiFi's which is $126 every month for just "Staking, Boosting and Playing.
**Conclusion**
As always said Christmas only comes once in a year and you will never find a Golden opportunity like this again. Its high time you should embrace HiFi Gaming Society with both hands and hold it tight. If you surely jump onto this ship, your grandchildren will always have respect for you. https://hifigamingsociety.org/browse-games
Never Miss any of their new updates Follow them on their Social Media Platform Twitter and Telegram. https://twitter.com/HiFiDeFi https://t.me/HiFiGamingSocietyPlatform
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HiFi Gaming Society recently got into Partnership with Moonvault and Liquid Collectibles
There is no doubt that HiFi Gaming Society is the most consistent gaming platform in the blockchain gaming and Metaverse sector. They are walking the talk and delivering all they promised on their whitepaper. Apart from launching new games they are also getting into partnerships which is a sign that they are moving forward always. https://hifigamingsociety.com/
Unlike other Metaverse gaming tokens which just claim to be metaverse selling an idea with nice graphics but with nothing tangible on the ground, HiFi Gaming Society has 28 games on their platform. They have a lot of games to be added on the platform and this is going to be the best gaming platform with a lot to offer. Last 2 weeks they added Block puzzle and the following week they held their first public competition, then that very week they added Ball-hop and they have a competition going on and the prize pot is huge,
This week we are expecting them to launch Block Highway and expect a public competition on that new game. Keep on checking their twitter page for an update so that you wont miss out. The good part of their competitions, they are free to anyone who wanna participate all you have to do is stake 1000 HiFi which is less than $3 at current market price.
**Partnerships**
**Moon-Vault**
HiFi Gaming Society is expanding its operations and venturing into new partnerships. Before they were only in partnership with Chain-link and Ape-swap but recently they signed another deal and are in partnership with Moon-Vault. As we know HiFi Gaming Society is a play to Earn platform, there are other investors who can not play games due to different reason and this is the perfect option for them and they can earn 52.32%. https://hifigamingsociety.com/ https://app.moon-vault.com/vaults
You can see HiFi Gaming Society is a pocket in-which everyone can fit, if you are a gamer you can stake and play but if you cant play games then the Moon-vault option is your shot. https://app.moon-vault.com/vaults
**Liquid Collectibles**
They got into another deal with the Liquid Collectibles and held their AMA with the LICO team on 21-01-22 and it was a success, you can check it **here**. Then on 22-01-202 they had their Into the HIFI-Verse NFTs listed on their site and currently only 103 NFTs are left. Check out the NFTs they look amazing and its among the best NFTs on the market. https://liquidcollectibles.io/collection/0x3e8bb868753357be4492958a8f63dfa29432996d https://www.reddit.com/r/LiquidCollectibles/comments/s8rgu3/hifi_gaming_society_ama/
Those 2 partnerships are just a beginning, we expect to here more and on their whitepaper they talked about bringing other gaming developers on the platform and its gonna be a metaverse which will be venturing and offering more to investors and developers.
Never Miss any of their new updates Follow them on their Social Media Platform **Twitter**, **Telegram**. Twitch, **Medium**, **Youtube** and **Discord**. https://twitter.com/HiFiDeFi https://t.me/HiFiGamingSocietyPlatform https://hifigamingsociety.medium.com/ https://www.youtube.com/channel/UCLKLaa_XiXZ4uacfGkunMaw https://discord.gg/PM8VGq9Q
**Also Follow my Links for more of these article and earn for writing and reading on** **Publish0x** **and** **Read.cash** **and my** **Twitter****.** https://www.publish0x.com/?a=BDbD9wAKdl https://read.cash/r/drmudpro https://twitter.com/dpathfindrs
Jetcoin Empowering Champions of Sport and their Supporters
The first Olympic game was hosted in Greece in during the 776 BCE and Soccer to be specific has been there for 12 Centuries now. Athletes earn a living through playing sport, imagine being a millionaire or putting food on your table just because you are talented on a certain sport. We have a lot of athletes who are now bankrupt and even struggling to feed themselves and their families, and you wonder how can this be. Lets take a deep look on to the other side of the sport.
**What is Jetcoin (JET) & how does it Operate?**
Jetcoin is a Cryptocurrency running on 2 blockchains, Ethereum (ERC-20) and Binance Smartchain (Bep-20). It is a self staking crypto currency whereby investors are rewarded 2% as reflections on every transaction conducted for holding JET. They look for raw talent in the players and support them, unlike now where players have managers who will tend to benefit more on the players its like the supporters are the managers of the players.A lot of current and retired athletes lost their money through their managers e.g Mike Tyson was once worth round $300 million but he got to a point where he was declared bankrupt. So the use of Jetcoin strategy will eliminate the losses incurred with players due to the greed of managers.
The Jetcoin token is listed on exchanges which include Probit, Finexbox, Mercatox and recently they got listed on pancake swap, so they are expanding their trading base and this will also impact the trading volumes an therefore drive the prize up. They also had their smart contract audited you can check it here Coinscope. https://pancakeswap.finance/swap?outputCurrency=0xc5b43669a899c5da2a98b2bf8c9082d5e8d5ee0d https://www.coinscope.co/coin/jet
**Tokenomics**
Jetcoin was launched in 2017 and they had a total supply of 80,000,000 tokens and burned 40,000,000 tokens now they have 20 000 000 ERC-20 locked and 20 000 000 Bep-20 locked. Currently only 12,768,025.13 JET tokens are in circulation which is a very low supply. The Jetcoin team dedicated 25% of token for marketing purposes only. Its still a low market capital crypto currency with a capitalization of $411,830 and daily turnovers of $75,153. https://etherscan.io/tx/0x0ad655f194eb61bb02ef0aeb7151f82cbf0307f99227ca3019ca5a1846936e02 https://etherscan.io/tx/0x86ca8caf3abd7674628788359f59194b5101552b018b9a74007fd27187243178 https://bscscan.com/tx/0x40f3f446c75e3cd50696663731a6c29151b7b00b4ee2dd9c092063319af42012
**Jetcoin NFTs**
As we can see that the world has gone digital and most investors are into gaming cards NFTs but now Jetcoin has brought up another angle on NFT's in the sport sector. Now players will have their NFTs which will have all their information including the player's Bio Data and his background, teams he had played for and his net-worth etc. If u have these NFTs you can view them jetnft.com and you can see all the data you want to know about your champion. Below is an example of how the NFTs look like when you open them. http://jetnft.com/
So Jetcoin has come to change the world of sport and give the power to the player and they will not be deprived of their hard earned money and the supporters are also now part of the champion's journey. Imagine you buy an NFT for Cristiano Ronaldo before his fame then when he is famous you can imagine how you will make some money from those NFTs so Jetcoin has come to change that and will let the player benefit and so as the supporters of that player.
Recently Ronaldinho a retired Brazilian football legend tweeted that he is going to drop his NFTs in February and this is a clear indication that NFTs are the key to sport and creating wealth, and Jetcoin came in at the right moment. https://twitter.com/10Ronaldinho/status/1475837479655817218
**Sponsorships**
Jetcoin is mostly vested in sponsoring football and they have sponsored teams like A.C. Chievo Verona, Hellas, Derby County, Wigan Athletic FC and English Premier League perimeter banner advertising. on 4th of Jan 2022 they tweeted that they are going to be the sleeve sponsor for #FACup between Burnely and Huddersfied Town. They have also sponsored three luxury yacht shows: Singapore, Phuket and Penang Rendezvous and also three Formula One Official After-Parties in Singapore. There is no doubt they are taking football on a higher level which we will live to see in the near future. https://twitter.com/hashtag/FACup?src=hashtag_click
**Conclusion**
A lot of people are embracing the NFTs and it would be wise if you jump into the Jetcoin and invest in the champions of tomorrow. We support them and we will also be building our tomorrow future by investing in them. Its an opportunity served on a silver platter and not to be missed.
*You can also join their social media platforms for some useful updates on:*
**Twitter****,** https://twitter.com/JTCinstitute
**Telegram****,** https://telegram.me/joinchat/ERrH8w3gjAsfmdCrgjGCOQ
**Reddit****,** https://www.reddit.com/r/Jetcoin/
**Youtube****,** https://www.youtube.com/c/JetcoinInstitute/about
**Facebook****,** https://web.facebook.com/jetcoins?_rdc=1&_rdr
**Instagram****,** https://www.instagram.com/jetcoin/
**Medium****,** https://jetcoins.medium.com/
What is Ampleforth & How does it Work
Ampleforth is a crypto currency token based on the Ethereum blockchain, its an ERC-20 token. Its is not diluted just like any other crypto currency on the market.
**What Makes it unique?**
It is uniqueness from any other crypto currency in the sense that it is a rebase based crypto and its supply adjust automatically either in a positive or negative direction depending with the current price. As a result of negative rebase or positive rebase, holders will have a certain portion of the token supply not a fixed number of token like what happens with other cryptos.
**What is Negative Rebase?**
As i just said there is negative rebase in the Ampleforth and it works like this: The current target price of Ampleforth is $1.04 so for this price to be reached out it means there is supposed to be less supply so as to create a huge demand so that the price will rise. So since the price is below the targeted price and trading below $0.96 negative rebase will be applied and the number of tokens in supply will reduce and in your wallets aswel.
You might have bought 100AMPL and if there is negative rebase your balance will be decreasing on daily basis and don't be surprised to see your balance at maybe 85AMPL. Once the targeted price is reached, then the negative rebase will stop. Check the picture below and see how negative rebase works.
**What is Positive Rebase?**
Then there is positive rebase and it works like this: Our target price is $1.04 and if the price is trading above this level then positive rebase will be put into effect. The supply will will be increasing on daily basis so as your wallet balance aswel, if you had bought 100AMPL then you might end up with 125AMPL. So far the current circulating supply is 193,842,716.49 AMPL out of maximum supply of 395,345,189 AMPL. I attached a picture below which shows how positive rebase works.
There is a bright future on Ampleforth and if the price keeps on rising then your balances will keep on increasing and this will force investors to jump into the Ampleforth cruise ship as this will make them fortune in a few years to come. So watch out for this ethereum based token.
What is the future of Tokens running on Ethereum Blockchain
Late last year when the whole crypto market was surging there was another coin type which started making waves in the markets. Some were there all this while but people thought maybe they were just shit coins but all of a sudden they were awaken and even up to these day investors are still transaction, buying an holing them.
These tokens are called ERC-20 an they are based and run on Ethereum blockchain, these include Uniswap, CRO, Farm and so many others. These tokens are stored in Ethereum based wallets such as Trust wallet, Atomic wallet, Metamask etc.
You must have some Ethereum in your wallet for you to be able to transact with these Tokens, but with that there seem to be a problem arising and it can likely hinder the demand for ERC-20 tokens.
**What is the main Obstacle likely to be faced by ERC-20 tokens**
Ethereum an these ERC-20 tokens has been growing tremendously but so as the gas fees which has now become a huge stumbling block. You can swap these tokens with another token but the process of swapping is also heavily affected with the exorbitant prices. There are higher chances that people will abandon ERC-20 because of the huge losses made in the form of transaction fees which no1 can run away.
**How are the fees affecting tokens affecting the market?**
These are always there if you transact with Ethereum and you can not run away from the higher fees unless if you transact using binance chain or some other chains like Solana. Since people are always complaining about the gas fees, there are higher chances that they may start to dislike ERC-20 and this will lead in less demand with a huge supply in the market and then once the token is flooded then the price will drop.
So with this problem facing ERC-20 investors are likely to avoid investing in anything related to these Ethereum Tokens so that they wont fall victim of these fees and i wouldn't be shocked to see the ERC-20 tokens fall and lose their value.
ERC-20 are time bombs getting ready to explode and we should expect a massive selloff because they are not cost effective as they are expensive. You can not be charged more transaction fees value which is bigger than the actual transaction you are conducting.
Consequences of Investing in Hyped Crypto Currencies
Traders and Investors are always getting themselves trapped in holding losses, rug pulled. No matter how hard they try to analyze the Crypto they are investing into, you will see that out of 10 investments only 2 might get them into profits and the rest will be in reds due to the wrath of bears. There is one thing they tend to ignore when investing especially newbies, **"Crypto Hyping walks hand in hand with FoMo"**. Lets first define these 2 terms Hype and FoMo and see how they move hand in hand.
**What is Crypto Hyping?**
Crypto Hyping is when a project is always trending in the spotlight and a lot will be said about that e.g things like this is gonna be in the top 3, this is gonna be used as a currency, this is gonna be better than Bitcoin, this is gonna be listed on Big Exchanges etc. Mostly when investing we always try and find crypto which is on the spotlight and we jump in and invest. There are good projects out there and most investors ignore them because they are looking for something trending.
**What is FoMo?**
FoMo is a term which is well known in the Crypto trading and investing and its the short abbreviation of "**F**ear **O**f **M**issing **O**ut". This is when investors see a crypto currency about to explode and they quickly invest in that asset so that they enjoy the ride as it goes to the moon.
**How does Hyping and FoMo relate?**
As we defined, when a project is being marketed its is always hyped and a lot of positive stuff will be said and this will make the investors curious. Then due hyping you will see that the crypto asset will start showing bullish sign and making some spikes ready to explode and as it start going up the investors will jump in so that they don't get left out.
As it starts making its stride to the moon some fuel will be added to the fire and you will be told to buy more before its too late and that's when FoMo kicks in. As you add more positions you might just get into profit for some time and the asset slows down. The reason for this is, the smart money always buy value and sell at premium, so when they first buy they wont tell you to buy. When they are fully in holding their project they then start hyping and when you invest you will be providing liquidity for them and they offload their positions and you will be left holding some losses.
The above picture shows how it all happens from the start till the end. Smart money is always the first to invest in the asset and they then introduce the asset and the institutional investors jump in. Now that's when hyping starts as the assets is now on the public map and when it hits the peak the smart money and institutional investors will be out already and the rest will be trapped.
**How an Investor should deal with Hype and FoMo?**
Its so simple, the first thing a trader should do is to dig dipper before investing in that asset. Secondly make sure you buy because you find it worthy to invest in not because of hype and let FoMo take control of you investing instincts and mind. Always try and avoid hype by all means necessary before you decide.
Make sure you invest in something with a clear crafted whitepaper backed with implementation showing the future plans, buy the idea backed with actions not just buying an idea and Last but not least, don't be derailed by too much noise you hear.
**Also Follow my Links for more of these article and earn Crypto for writing and reading on** **Publish0x** **and** **Read.cash** **and my** **Twitter****.** https://www.publish0x.com/?a=BDbD9wAKdl https://read.cash/r/drmudpro https://twitter.com/dpathfindrs
The HiFivers compete is live on HiFi Gaming Society and 100K HiFi & NFT to be Won
Like every King needs a Queen, so as every Gamer needs HiFi Tokens for his life to be complete. HiFi Gaming Society did not just start 2022 strong, they are even over delivering and this is what every investor wishes on the projects they invested on. Every gamer needs competitions to prove how bad they are and HiFi Gaming Society has created an Arena for that now every gamer is invited and not forgetting there are prizes to be won.The game being played is Block Puzzle and its a tetris clone.
**Entry Requirement**
Some might think its cost a fortune to compete but unlike other platform, here you just need 1000 HiFi which is about $3.5 and stake its on play and you will be able to join others in the competition. If you are someone who want to stake and earn the 51% APR you will have to stake 10 000 HiFi and with that you are automatically qualified to compete. Note that the staked amount is not like you are paying to compete, its just a minimum entry and you can unstake it whenever you want.
**Prize Pool To be won**
The pot-size is huge, there is an NFT worth 2BNB to be won by anyone who will take the fist position and 100 000 HiFi tokens and these are to be shared between number 2 and 5. Also 2 lucky winners will be selected at random from the list of players and reach will be rewarded with 2500 HiFi each. So even if you don't make it in the top 5 but you can be luck and rewarded for participating in the HiFivers competition.
🏆 HiFivers Compete - Block Puzzle 🏆
Top 5 highscores in “Block Puzzle”
🥇1st Place: 1 Common HIFI NFT
🥈2nd Place: 50k HIFI
🥉3rd Place: 25K HIFI
4️⃣4th Place: 12.5K HIFI
5️⃣5th Place: 7.5K HIFI
🥳 2 random winners of 2.5K HIFI
Duration of the competition: 7 Days ⏲
🏁Start Time:
January 10th 2022 - 10:00 PM UTC
🎬End Time:
January 17th 2022 - 10:00 PM UTC
Game on! #PlayToEarn
Team HIFI
The competition is already on fire and we have some who are already leading on the top 3 but they should not relax because we have dangerous gamers on board and they are soon to play. Below is the picture on the current leader-board and we are going to see by the end of competition who will be the luck 7 to win the HiFi and and NFT.
**Conclusion**
This is an opportunity not to be missed, i just wish all the competitors best of luck in their endeavor and hope to see who will walk away with the NFT. HiFi Gaming Society is proving to be more than just a metaverse, lets watch the space and brace for more updates.
Never Miss any of their new updates Follow them on their Social Media Platform **Twitter** and **Telegram**. Also check out they have an **Airdrop** and there are gonna be 200 winner and 300k HiFi to be won with 2 NFTs on the list again https://twitter.com/HiFiDeFi https://t.me/HiFiGamingSocietyPlatform https://gleam.io/6yo9T/hifivers-compete-giveaway
**Also Follow my Links for more of these article and earn for writing and reading on** **Publish0x** **and** **Read.cash** **and my** **Twitter****.** https://www.publish0x.com/?a=BDbD9wAKdl https://read.cash/r/drmudpro https://twitter.com/dpathfindrs
Resources
https://twitter.com/HiFiDeFi
https://hifigamingsociety.org/browse-games
https://t.me/HiFiGamingSocietyPlatform
Embark on the HiFi Gaming Society (HiFiverse) Spaceship before its too late
Like they always say "the earliest birds catch the fattest worms", i am pretty sure they had foreseen the coming of HiFiverse. HiFiverse is a gaming token you should never miss as it is a game changer. You might be wondering why i am saying so, lets get into detail. https://hifigamingsociety.org/play-game/1
**HiFiverse an atomic bomb ready to Explode**
When investing in crypto, the goal is to make money, so for that to happen a proper analysis has to be done and HiFiverse has enough reasons to make it happen. Just looking at their Litepaper you can clearly see that they have a lot in pipeline and they made sure that all 2021 plans were fulfilled and now looking forward to 2022 plans. https://hifigamingsociety.org/play-game/1 https://hifigamingsociety.com/litepaper.html
****Low Market**** Cap You should never under estimate capitalization when doing a research on your desired crypto assets. Crypto with low market capitalization has an upper hand and can easily make you a millionaire. Low capitalization and Low price move hand in hand and if you happen to get hold of a token with those 2 perfect specs then you are on the right channel.
HiFi Gaming Society has a low market capitalization of $4,172,366 and the price is still affordable trading at $0.0034. Imagine what will happen when they unleash all their plans, it will be unstoppable. On this token i am looking forward to see it go beyond xxxxx% .
The above picture shows an estimate of the future price of HiFiverse if it has the same capitalization of Axie Infinity. I am sure its now making sense, so imagine buying your thousands of HiFi's and stake them and when the price gets the you will be super rich.
****Token Supply**** I am a big fan of low supply because with low supply there are higher chances of higher demand not matching the supply and this will driver the price higher. HiFiverse has low supply of 1,000,000,000 and what i love most about this diamond token is the burning mechanism which they are going to activate after they have done some progress.
Currently players are earning a handsome APR of 51% for playing 10minutes per day, how easy is that? It's wise to jump in now and enjoy the high APR before its lowered. There are 300, 000, 000 HiFi's to be mined through play to earn and so far 14964932.000 only has been mined. So its still early to jump in and accumulate more HiFi's.
Monday January 3th
✅ New Game (Unity game)
✅ First official HiFivers Compete 🕹
✅ Block puzzle competition
Tuesday January 4th
✅ Watch HIFI’s Twitter that day 🙉 (4:30 UTC 🤫)
Monday January 10th
✅ Announcement HIFI partnership 🥳
January:
✅ Announcement HIFI partnership 🥳
✅ New game
✅ NFT news
The above are some of the 2022 goals and they are gearing up for more and 2022 is gonna be the HiFivers Season. Just fasten your seat belts and relax as its about to speed off. Checkout their Telegram channel and Twitter page for more update. https://t.me/HiFiGamingSocietyPlatform https://twitter.com/HiFiDeFi
Resources
https://twitter.com/HiFiDeFi
https://t.me/HiFiGamingSocietyPlatform
https://www.twitch.tv/videos/1241580044
https://hifigamingsociety.medium.com/
How to deal with Crypto Market when its "Bleeding"?
"Whatever goes up must come down",i am sure we have all heard that phrase. The financial market is regulated so as to make sure it does not crush, as for the crypto market it is not regulated but it operate in a similar way. If you study those chart you can see that whenever cryptos are bullish they rise and when they rich a certain level you start to see some rejection candlesticks and that is how you can tell that the price is about to reverse and start selling.
The market moves in waves, higher highs and higher low so when a lower high is broken then if you was holding some coins then you better sell them and take your profit.
Newbies might wonder why it happens like that, well when people buy their intention is to make money. So they buy something of value an sell it at premium, meaning to say they buy low and sell when the prices are high enough that there are no-more buyers and only sellers will be present.
**How to respond to this current bloodbath?**
As you can see there is a bloodbath in the crypto market as almost every altcoin is falling and if you do not react accordingly then all those coins you bought will lose value while you watch. Of-course holding is the key in crypto but that depends with the type of a trader you are. Also there are cases when you can buy a token at $1 and that token reaches $10 then sell and closes below $1 and you will be back in loss, so to avoid that take your profits.
In my previous article called stable coins vs altcoins i stated the advantages of stable coins like DAI, Tether and the likes. The advantages of stable coins i the are not volatile an maintain their value.
If you look closely on the list you can see that while other coins are red, Tether is green and it maintained its price. So what you have to do now is, liquidate your altcoins and buy Tether or any other stable coin so that you safe-keep the value of your portfolio and you buy back letter when the market is going up again.
How do Traders and Investors get caught in the web of Confusion
A lot of traders want to benefit during data release period or any news relating to that specific asset. If there are headlines that a crypto asset is going to be listed on a new exchange trader will be bullish on that asset. Also if there are are issues affecting that crypto asset e.g legal issues a lot of traders will be bearish. This leaves us with a lot of unanswered questions like: Is that all necessary or is it a wise move? Lets get into detail and see what it really is.
**Factors which mostly affect traders mindset**
Centralized Exchange Listings
Fear Of Missing Out (FOMO)
Utility of Crypto currency
**Centralized Exchange Listings**
If you are in Telegram groups or any social media groups of different crypto project, you will hear a lot of investors asking questions like when is Centralized Exchange Listing. They have a mentality of thinking that if a crypto currency is listed on a CEX then its going to explode and they will be bullish on that asset. I have see a number of crypto project getting listed and then then fell hard and that is when you start to realize that getting listed does Not mean that the project is going to surge.
So what happens is when projects are new they are hyped and you hear the team behind claiming that the project will soon be listed on big CEX and traders and investors jump in and buy a lot then when the project is listed the dumping process start. The reason for that is if a project has no life it will be just listed on CEX and the team behind dumps their tokens and traders and investors will be dead and forever trapped in everlasting losses. The below picture shows how the project spike up on launch and hit more that $2200 and fell hard now ranging.
What trader should know is they should buy the idea behind the project and the implementation of the idea not to buy juts because they claim it will be listed on big CEX. The below picture say it all, that project is down 95% and a lot of traders are trapped in there they can not cash out.
**Fear Of Missing Out (FOMO)**
During a hype A lot of fellow traders suffer do to FOMO as they will be told you should jump in before its too late and the price will be spike and the moment you but it start selling. The reason why this happens is because if i want to liquidate my positions there should be sellers willing to buy so for me to do that i should give you a reason to buy that's when i will start telling you that you should jump in before its too late when i sell you buy and you will forever hold worthless tokens.
As a trader avoid trading during financial data release period and avoid trading news all the time as this will be the moment the markets get manipulated most. The buyers and sellers will all be trapped and no one will cash out, that's is why we have hedge funds those guys they can hold both sells and buys and will move markets when its necessary. So as a trader avoid being caught in the web of confusion and take a break during that period.
**Utility of Crypto currency**
Most crypto when its being advertised they claim its gonna be used as a payment method just like Bitcoin and investors fall for that crap. They end up buying sh*t coins which will never make it on the market. Now we are in the Era of NFTs and a lot are now minting useless NFTs and a lot of investors are buying those useless NFTs. Some tokens are just copying ideas of certain good projects but they fail to deliver and the token will be doomed to fail.
**Conclusion**
Well in my opinion a professional trader or investor should take his time to asses and see the future of the project before jumping in. Also avoid buying as a result of hearing some financial news online relating to some tokens. There was a time when Shiba was hyped and hyper's were saying we are gonna delete a zero this year but now we are in 2022 it never happened. Never buy as a result of peer pressure.
**If you want to earn some AMPLEFORTH & FARM for reading and writing you can follow my link here** **Publish0x** **also follow me on** **Twitter** https://www.publish0x.com/?a=BDbD9wAKdl https://twitter.com/dpathfindrs
HiFi Gaming Society has Closed 2021 in Style and has started 2022 Strong
HiFi Gaming Society has been doing wonders in the 4th Quarter of 2021, Their investor base has gradually increased and this led a surge in its price. While other altcoins were falling, HiFi stood its ground and maintained its growth and it even increased the number of HiFi staked from 214 million and now its 333 million.
**Whats could have led to the increase in staked HiFi?**
There is no investor who will put his money if he does not trust the project especially in this rug pull Era. HiFi has always been good with how they interact with its investors, "Your wish is our command" is their motto when dealing with their investors. Just to be short and precise, the project belongs to the investors and they are just Alphas taking the lead because everything evolves around the investors.
Not every project take investors opinion in the decision making process but with HiFi its the other way round. With that perspective they boosted the confidence of their investors and now HiFi is Home.
**How did they end the year 2021?**
They were always working with the schedule and everything is going as planned. They introduced a lot of games including tetris and held a lot of community driven competitions and during the year and they updated their API, unity games compatibility and a lot. On top of that they had their first competition with leader board and a lot of HiFi's was on stake and numbers 1to 5 went with the prizes.
**How is 2022 going so far?**
2022 started with finishing up the block puzzle competition which was carried over from 2021 and it ended on 3 January 2022. They rolled out a new and addicting game called ball hop and the game has received a lot of positive feedback from the players and we are looking forward to a competition on that game. On 5-Jan there was 10 000 HiFi's at stake for someone to break the 700 score and it was taken down as fast as possible with one of the baddest gamer and we now looking forward to a competition set to go sooner than expected.
They had a giveaway on their twitter page and they were giving away 1,000,000 HiFi's (equivalent to $4700) to 100 lucky winners and also 2 winners to receive their magnificent NFTs. I can admit i have never been in any group which is solid like HiFi, they always have new good things for their investors and you wouldn't want to miss any of their updates. https://twitter.com/HiFiDeFi/status/1478222588652363781
**What more should we expect from the HiFi Gaming Society**
They have a lot to offer and soon they are going to break out news on their partnerships and their new .com website, more competitions and a lot more. Since they are always rolling out new updates we expect more so all i can say is to keep your tabs open an watch out for more.
*Check out their social media platforms and follow them for more updates*
Twitter https://twitter.com/HiFiDeFi
Telegram https://t.me/HiFiGamingSocietyPlatform
Twitch https://www.twitch.tv/hifigamingsociety
For more and other articles follow me on publish0x.com https://www.publish0x.com/?a=BDbD9wAKdl
@drmudpro
