Here are a few ways to beat inflation this year, while increasing capital gains overall:
https://www.youtube.com/watch?v=bmJfwghJwQE
Showing posts with label yield farming. Show all posts
Showing posts with label yield farming. Show all posts
Friday, May 21, 2021
Saturday, May 15, 2021
What Two Tokens Will Kick Ass This Month And Why ( by the Author)
So if your sitting by your smart phone trolling through the internet and happen upon this article on this months hottest tokens your definitely in for a treat today!
As recent news events would have it several market movements have pushed some recently not so well known tokens into an upward trend not likely to change anytime soon.
The two of the hottest tokens this month are:
Polygon / Matic
and
ADA
Here's what's going on:
Polygon / Matic is a token recently put on the market and rapidly gaining in value due to several factors.
Least of which is that Polygon Operates its own Blockchain, much in the way Bitcoin or Ethereum, this company allows users to purchase their tokens, then stake and lend them without incurring huge transaction fees.
That alone has caused investors to flock to this still under priced token. Many analysts believe that the price window to purchase a large volume of Matic before its price increases considerably, is now.
The other hot token to watch this month is deffinately ADA. One of this years to currencies, this company has several projects in the works that are following a set timeline from inception to delivery.
This combined with Bitcoin and Doge's crashes this month have fueled the desire for investors to move their revenues to more safer medium term (longer than 1 month) coins.
One of those has been ADA. Doubling in value within the last six weeks ADA remains relatively inexpensive, but continues to gain a consistent increase daily, but without the huge price fluctuations of Bitcoin, or Doge.
Two tokens to beware of this month in fact are Doge and Bitcoin. The reasons are that Bitcoin is adjusting and hasn't yet hit its bottom. Unless your holding for more than 45 days , to a year, Bitcoin is still well overpriced for the ultimate return on your dollar.
ADA has far more stability and priced at just over 2 USD still remains relatively low priced for long term holds. Considering it has doubled in its value over the past few weeks, without losing, analysts expect this to be a good bet going forward into the summer.
Also ADA is used by yield farmers and liquidity pools, has low transaction fees and can be found in all major and most minor exchanges. This coin is hot! The better question is when will that change, and will you take advantage of this opportunity before that time?
Something to think about, but as always, do your due diligence and homework.
Another concern of Doge is that its fundamentals are way off, it lacks a consistent and clear roadmap, has the same environmental inefficiencies (if not more) as Bitcoin and is affected by actions of a few individuals who can either drive the price up or down just by talking about cryptocurrency. Yet this is the least of its problems.
Plagued by price instability Doge's popularity my soon be eclipsed by tokens competing for its place such as Shiba (also a Doge spin off) and Akita. Yet according to reports it has no plans actually develop competing technological edge, lacking the manpower and apparently the desire to prevail in this rapidly changing market.
According to MSN Doge
" Dogecoin hasn't had full-time developers since the coin's founders pulled out of the project in 2015,"
Thursday, May 13, 2021
Wednesday, May 5, 2021
Thursday, April 29, 2021
Why a blog on CYPTO CURRENCY AND YIELD FARMING?
Simply put... why should we NOT write about this amazing technological achievement? Ask yourself this: can I really afford not to study the subject?
With the crypto age upon us, will you be one of the many who let it just pass them by? Or will you eventually come around, just a little too late to make much of a profit after the market has cooled off?
Anyone who knows anything at all about this subject will know exactly why blogs such as this one are needed and necessary as our global political and economic trading community begins to evolve out of the technology age, and into the crypto age the product of previous era.
What is the crypto age? Why the time in which, due to the development of protocols such as Bitcoin and Ethereum, we are able to begin the process of DECENTRALIZATION of our most precious financial assets: currency, money, credit, and any type of database information traditionally kept by centralized authorities such as: banks, insurance companies, state governments, educational institutions, voter data and much more. If it can be put into the form of computer bits, it is controlled by an authority without your best interest in mind.
Who can best trust to control and dictate your finances and information? Why you THE ACTUAL OWNER of that data.
This is the basic premise behind the system known as Bitcoin and its associated Block Chain protocol which in the early 2004 gave us for the first time, a coherent, simple and organized system by which this protocol could be developed.
Cryptocurrency is born.
Decentralize what exactly? Why every organization whether financial, political, health, or otherwise, which extends its control over the majority of state citizens and traditionally depriving people of various freedoms of use and control over OUR OWN PROPERTY, whether it be financial or otherwise.
Freedoms such as:
Controlling your personal information, who has it , who sees it, etc.
Controlling your finances, who receives them, and who knows about it
Controlling citizen data
Controlling where, when and with whom citizens spend their money
Controlling patents, intellectual materials, master copies, and other personal data now readily stored throughout the world in government and organization databases.
Then, finally continuing to control this information once the transaction is complete! Its seem less and quiet but its REAL.
These are but a few examples of how our traditional systems of centralization which grew out of necessity for security and consistency across, in particular, the global financial system, allowing select people to partake in it.
The key term there is SELECTED people. Traditional centralized systems generally exclude any persons they choose to, for whatever reasons they want... not very fair indeed.
The natural tendency of technology so far has been that states and central governments have gained more control over the populace.
This protocol reverses that trend, countering the balance toward the individual creating a system which exerts LESS CONTROL over the personal decisions, data and information relating to our transactions and banking.
Centralization, and its evil twins government OVERREGULATION and TAXATION begin a slow contraction as decentralized global cryptocurrencies and blockchain technologies proliferate.
This is only possible in an environment wherein each participant absolutely trusts the others, wherein confidence in the integrity of the entire transaction or state of trust is ALL BUT GUARANTEED.
Hence part of the premise of Bitcoin, and cryptocurrency industry which it has spawned.
A complex system of exchange wherein the a participants may ensure not only security of transactions, but also the data across an entire ecosystem.
That ecosystem in respect to Bitcoin is called the Bitcoin Network, but this is just one of many.
How is this possible? Creating alternate systems by which all people in all places can buy, sell and trade with a sense of security, confidentiality and freedom of choice.
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