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Romance / Re: What's The Biggest Scam In Life That No One Wants To Admit? by RickSanchez: 10:28pm On May 15, 2022 |
Love. It's not enough, respect is better. People hurt the ones they love but respect will always be respect, you honor who you respect. Prayers, religion and the likes. All human wishes and fears passed on from when people were afraid of the sun not coming tomorrow. Money, it's backed by nothing but our belief it has value and all currencies end up as 0 overtime. Tribes, ethnic groups and races.. People make them more relevant than they actually are. If you take a closer look at things it's just people drawing lines in the sand and separating an "us" from "them". 1 Like |
Romance / Re: Why Are All Barber's Like This? by RickSanchez: 7:42pm On May 14, 2022 |
It's a sign your barber knows what he's doing. It also stops them from eating into your hairline. 1 Like |
Romance / Re: Why Are Men Uninterested Nowadays by RickSanchez: 3:52pm On May 14, 2022 |
Magnoliaa:I think this is a narrative but I've personally seen my sister try this with her now husband and it took tremendous effort to get this man's attention back. He works on oil rigs, lives abroad and she also was playing hard to get, when his ex started disturbing him she gave herself sense. |
Investment / Re: What To Do In Crypto? by RickSanchez: 5:36pm On May 09, 2022 |
If you picked FITFI3S congratulations on your 2.5x, though I'll sell at $3. Then buy back lower to sell again. Sorry for the delay, I've been busy. Would resume when I'm less busy. |
Investment / Re: What To Do In Crypto? by RickSanchez: 1:03pm On May 07, 2022 |
More to come tomorrow. |
Investment / Re: What To Do In Crypto? by RickSanchez: 12:52pm On May 07, 2022 |
A little more on smart contract cryptos. This is the reason cryptocurrencies have an automated ecosystem to begin with as they are programs that execute provided exact conditions are met without the need for a human to verify or cross-check the applications it's being run on. Though the blockchain is a secure ledger it needs to run on a protocol, that is where smart contracts come in to give specific instructions as to how the network should respond once a parameter is met. This allows decentralized applications to be created under smart contract cryptos that work seemlessly like the lending protocol of Aave which is automated and rewards lenders crypto for providing liquidity(money) to the platform. A smart contract cryptocurrency is regarded highly in the crypto world as they allow unique properties when developers build dApps(decentralized apps) or coins under them. All cryptocurrencies are either built on their own native blockchain or a blockchain chosen for it to be built on( like Ethereum is a cryptocurrency that runs its own blockchain) but not all blockchains have their own smart contracts( Bitcoin has its own blockchain but no smart contract capability whereas Ethereum has both) Smart contract cryptocurrencies encourage adoption of their smart contracts by being fast, cheap and secure. Sometimes one of the three factors has to be given up to enhance the rest. For example Ethereum became very expensive to use(fees for its use became too high) because the network could not handle congestion and did not want to give up on security(specifically its decentralized nature since over 51% of the network has to agree on a transaction). Meanwhile Binance used Ethereums code to create a smart contract crypto(Binance Smart Chain) while giving up on decentralization so more transactions could be processed. Features like these attract investors and developers to build under the network(remember that smart contract crypto's are programmable). |
Investment / Re: What To Do In Crypto? by RickSanchez: 12:49pm On May 07, 2022 |
As cryptocurrencies overall are a volatile(unstable) market, there is need for a stable digital asset in cryptocurrency that can be used to purchase or sell in the market so as to keep track of the value of one's investment. These are called Stablecoins. They are used to purchase other cryptocurrencies and their values as their name implies is stable and fixed to a dollar. They are backed by either physical dollars, other cryptocurrencies or assets which have stable value Other brief uses: Stablecoins are useful for investors who want to keep their assets in the crypto space. Switching from crypto to fiat currency can be expensive and time consuming. Stablecoins give investors the best of both worlds — a stable asset within the crypto space with an advantageous transactional speed. https://www.benzinga.com/money/best-stablecoins-and-4-types-of-stablecoins/ |
Investment / Re: What To Do In Crypto? by RickSanchez: 12:43pm On May 07, 2022 |
In case you don't know what a smart contract crypto is it's basically one with its own blockchain and which often use its own coin to pay for transactions. Examples are ; Binance smart chain which uses $BNB to pay for fees on its BEP20 network(blockchain) Tron uses $TRX on its TRC20 chain, so on and so forth. |
Investment / Re: What To Do In Crypto? by RickSanchez: 12:39pm On May 07, 2022 |
Source : - Coingecko.com 1 Share
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Investment / Re: What To Do In Crypto? by RickSanchez: 12:37pm On May 07, 2022 |
Note that a blockchain hosts whatever cryptocurrency that was created in it's network and can also host other cryptos who are not created under itself but pegged to the network. Most of you will be familiar in the coming days/weeks on how to send cryptocurrencies safely but before that be aware that cryptocurrencies fall under whatever blockchain/network that hosts them and sending crypto to the wrong address/network essentially means that crypto is lost forever. Cryptocurrency networks will list in the following formats ; ERC20(For Ethereum) BEP20(For Binance Smart Chain) TRC20(For the Tron Blockchain) CSC20(For the Coinex SmartChain) etc On the use-cases of cryptocurrencies(Take note as this is what gives some value over others). |
Investment / Re: What To Do In Crypto? by RickSanchez: 12:36pm On May 07, 2022 |
Since cryptocurrencies provide a greater security than the traditional banking system they allow individuals to act autonomously and anonymously with their money. This creates new financial markets and use-cases that cryptocurrencies can perform Examples of these are : DeFi(Decentralized Finance) NFT's(Non-Fungible Tokens) Gaming(Play-to-earn) Gambling Storage(IPFS technology) Smart Contract Protocols (Ethereum, Cardano, Tron, etc) Seemless and affordable means to transfer money with less fees than traditional banking. Ownership and authenticity of digital assets as NFTs(unlike regular cryptocurrencies which users identity are hidden and only transactional history may be found), NFTs provide proof of authenticity of artworks and other digital items which can't be replicated and can always be proven. Granting financial access to the unbanked, most nations individuals have mobile phones but no bank accounts, either to avoid fees or the lack of know-how, access to mobile phones with internet access instantly grants the individual all the banking sector has to offer without ever needing to step in a bank as long as he/she can offer value through peer-to-peer systems. and more.. |
Investment / Re: What To Do In Crypto? by RickSanchez: 12:35pm On May 07, 2022 |
Now we've learnt what cryptocurrencies are, why they're secure and the technologies behind them. You can do further reading on the provided links. |
Investment / Re: What To Do In Crypto? by RickSanchez: 12:34pm On May 07, 2022 |
Both methods of confirming transactions on the blockchain are known as "consensus mechanisms". As a regular trader/investor of cryptocurrency you do not need to run the whole network for rewards as most cryptocurrencies require specialized equipment to mine. Most users opt to stake or act as delegators who do not need to run a computer node but stake their crypto for rewards For more on that ; https://ethereum.org/en/developers/docs/consensus-mechanisms/ https://www.investopedia.com/terms/c/consensus-mechanism-cryptocurrency.asp |
Investment / Re: What To Do In Crypto? by RickSanchez: 12:33pm On May 07, 2022 |
"The proof of stake was created as an alternative to the proof of work (PoW) concept, to tackle inherent issues in the latter. Currently, only altcoins use the proof of stake concept. When a transaction is initiated, the transaction data is fitted into a block with a maximum capacity of 1 megabyte, and then duplicated across multiple computers or nodes on the network. The nodes are the administrative body of the blockchain and verify the legitimacy of the transactions in each block." -source https://www.investopedia.com/terms/p/proof-stake-pos.asp |
Investment / Re: What To Do In Crypto? by RickSanchez: 12:28pm On May 07, 2022 |
Proof of work participants are called miners, they offer up their computational power to mine(create and maintain blocks for the Blockchain) the crypto. These miners gain crypto each time they succeed in mining a new block before anyone else. |
Investment / Re: What To Do In Crypto? by RickSanchez: 12:26pm On May 07, 2022 |
Which are ; 1 Like 1 Share
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Investment / Re: What To Do In Crypto? by RickSanchez: 12:24pm On May 07, 2022 |
These node operators who run the network can fall under several categories based on the type of work they do to secure the network. These are mostly of two types or a variation of them. |
Investment / Re: What To Do In Crypto? by RickSanchez: 12:22pm On May 07, 2022 |
Basically once a secure digital asset like cryptocurrencies exist, they need to be stored in a way where each transaction is safe from being changed from its original state, this is ensured by the blockchain(an online ledger of transactions) that records and spreads all the information around all computer nodes running the blockchain. |
Investment / Re: What To Do In Crypto? by RickSanchez: 12:21pm On May 07, 2022 |
In case you don't know what a cryptocurrency is, "A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend." source - https://www.investopedia.com/terms/c/cryptocurrency.asp So a cryptocurrency is basically digital money secured by cryptography or code to such an extent that each transaction is stored on a coded ledger called a blockchain. |
Investment / What To Do In Crypto? by RickSanchez: 12:16pm On May 07, 2022 |
Hey guys, welcome to my thread on what I do in crypto. I created this thread based on the fact that many people want to be in crypto but have little knowledge, no idea or have been or are being scammed by self-acclaimed gurus. I'm not calling myself a guru but I've been in the space for a decent bit so I'm here to offer my thoughts and experiences. Though we'll start from the basics. In case you'd like to hear about my picks this bear, some of them are ; MX coin of the mexc platform. Boba3L a BOBA ETF. FITFI3S a FITFI ETF. Would discuss on why I'm invested in them after the tutorial. All this info can be found on my telegram group. Dm if needed. I give no financial advice. |
Romance / Re: How Do I Beg My Man For Forgiveness...? by RickSanchez: 7:29am On May 04, 2022 |
BoredBerry: Holding yourself accountable is the first step which you've done. The next is to bring out your feminine frame, send him a lovely text on how much you love him and the things you love about him. Invite him over and cook his favorite food, laugh with him and be nurturing to his needs, you might not even need to have sex with him but constant body contact or even a bj goes a long way. Good luck. |
Romance / Re: How Can I Stop Being An Introvert by RickSanchez: 7:25am On May 04, 2022 |
Solofresh2:I'm an introvert, but I don't take rubbish. Eat good food, exercise and never fail to look people in their eyes. |
Romance / Re: Got Cheated On And This Is How. by RickSanchez: 1:19pm On May 01, 2022 |
HRSweetness:Lol, wasn't making up stories. She played around like a hoe that's a fact. Not that I give a F anymore though. |
Romance / Re: Got Cheated On And This Is How. by RickSanchez: 9:10am On May 01, 2022 |
Raymeg7:Thanks for the advice bro. Teaching crypto is something I shy away from because of the commitment. I can recommend good sources to you on YouTube though. Coin bureau Altcoin Daily Whiteboard Crypto Crypto Casey etc. 1 Like |
Romance / Re: Got Cheated On And This Is How. by RickSanchez: 9:08am On May 01, 2022 |
nenyewrites:I will fornicate bro, that's a male human need. My DE I'm working on but even as at that I had the assumption the longer you lasted the better, now I'll try to work on that. |
Romance / Re: Got Cheated On And This Is How. by RickSanchez: 9:06am On May 01, 2022 |
dettolgel:You're right, everyone has a past, the truth to mine is I never coerced things and always said the truth, even now. |
Romance / Re: Got Cheated On And This Is How. by RickSanchez: 9:04am On May 01, 2022 |
kayperry:Would keep that in mind. |
Romance / Re: Got Cheated On And This Is How. by RickSanchez: 9:03am On May 01, 2022 |
okuta007:You're right, I'm becoming desensitized to feelings for relationship. 1 Like |
Romance / Re: Got Cheated On And This Is How. by RickSanchez: 9:01am On May 01, 2022 |
Spanki:One love bro. 1 Like |
Romance / Re: Got Cheated On And This Is How. by RickSanchez: 9:00am On May 01, 2022 |
Ebymyk:You're right, I think she wanted to hit me where my ego would hurt the most. Thanks. 1 Like |
Romance / Re: Got Cheated On And This Is How. by RickSanchez: 8:59am On May 01, 2022 |
efficiencie:Thanks for the reply bro, actually there was a commitment between us to end in marriage or find someone else if we drift too far apart. |
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