ECONOMIC IS FOR EVERYONE

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Either you want it or not every passing day you are facing the dilemma to make a transaction. This is the fundamental of the economic system we use. Most of the transaction are digital. Only a few are in actual paper money. Way before the pandemic more and more are using a card to transact giving the opportunity to see more heading that route. For the past couple month to a year, the transaction are getting more to the red cause you are paying more than you should. This is what inflation is all about.

Interesting in crypto adds another domain to what economics have to do to our society. Many use crypto for exchange. Others use it for speculation where they trade it to make a profit. Again it is not the prospect we want to work with since crypto lost half of its value. It brings in us the attention we should have with fiat currency, with the traditional market. Crypto is not too far from the way stock market behaves in value.

Usually the aspect of economic looks good when the market is in the green. I do not think you learn much in that territory. The behavior seems relax knowing it is the moment to buy. It should be the moment to sell cause everyone seems to rejoice with the rise in value. If you are a holder this part may not fit your profile. Right now you should focus on buy since the price is within range. Hard to predict the bottom but it is getting close to it.

Crypto gives us the option with little you have to invest and test the market. Hive always enables the zero entry to crypto. As long you have time and create an account and you can write, you are going far. This idea got me to think about Warren Buffet starting early with investments and love the compound effect. Even thought he does not see value in crypto, you and I can use crypto to advance our knowledge in finance and economics.

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Playing with numbers is valuable. This is the power of a community growing slowly. Another point I am trying to make with economics. It is recommended to diversify in order to jungle loss. If you have limited fund, it is tough to even consider that route. This is where the risk factor brings the elephant in the room. You need to maximize the little you have to grow. Hive community can help in that route.

Some are focus on #Splinterlands and they are doing goo. Some do put time in #Dcity. Some are all in with #Leofinance where they find positive ground with #Leo, #Xpolycub and #CUB. Some just stay with Hive alone pushing for posts and drive the engagement route. While Hive has its own engagement comment, Leofinance did manage to keep the spotlight over the community. This is really genuine to see the potential growth by commenting across many posts.
I hope you participate and maybe you could reach top 20.
It is nearly unproductive to try to touch all at once. Some will suffer, hurting you in the long run. I, myself focus a lot with Leofinance, cause I am learning the financial way of the blockchain and see the value of second layer within Hive.
The cool part of crypto, you need to find your niche so you can come out on top.
Crypto can be what you want it to be.
Always invest what you are not afraid to lose. Risky and volatile are the two that make crypto the best next economic of the XXI century.
Keep on vesting.

Posted Using LeoFinance Beta



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I see the crypto space as a vast universe in the making. You just have to focus on the part that feels right to you, what you're good at. With high risks comes high rewards. In the long term, the rewards far outweighs the risk. Keep building!

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I try not to venture everywhere losing focus where I can generate a fair ROI.
Crypto is huge and it is growing to become the moneymaker for the world.

!BEER

Posted Using LeoFinance Beta

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