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WHY DYOR is a very important Crypto Skill

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If you are interested in investing in cryptocurrencies, you may have heard the term DYOR many times. DYOR stands for Do Your Own Research, and it means that you should not blindly follow the advice or recommendations of others, but rather do your own due diligence and analysis before making any decisions.

Why is DYOR so important in Crypto

Crypto is a highly volatile and risky market, where prices can change dramatically in a short period of time. You need to understand the risks and rewards of each investment and be prepared to face losses as well as gains. Crypto is a complex and evolving field, where new technologies, projects, and trends emerge constantly. You need to keep yourself updated and informed about the latest developments and innovations, and how they affect the market and your portfolio.

Crypto is a decentralized and unregulated space, where there is no central authority or intermediary to protect you from scams, frauds, or hacks. You need to be careful and vigilant about the sources of information you trust, and the platforms and services you use. Crypto is a diverse and competitive arena, where there are many different opinions, perspectives, and strategies. You need to form your own judgment and criteria, and not be influenced by hype, fear, or bias.

Doing your own research involves checking the fundamentals of a coin or project, such as its vision, mission, goals, team, roadmap, whitepaper, codebase, partnerships, community, and reputation. It also involves analyzing the technical aspects of a coin or project, such as its supply, demand, price history, market cap, volume, liquidity, and security.

By doing your own research, you can gain a deeper understanding of the crypto space and its potential. You can also develop your own criteria and preferences for choosing which coins or projects to invest in. You can also avoid falling victim to hype, FOMO (fear of missing out), FUD (fear, uncertainty, and doubt), or manipulation.

DYOR is not only a good practice for crypto investors but also a sign of respect for yourself and your money. It shows that you are willing to take responsibility for your own actions and decisions. It also shows that you are curious and eager to learn new things.

How can you DYOR in Crypto

  • Learn the basics of crypto, such as how blockchains work, what are the different types of coins and tokens, how to use wallets and exchanges, etc.
  • Research the specific projects or coins you are interested in, such as their vision, mission, team, roadmap, partnerships, etc.
  • Analyze the market data and trends, such as the price history, volume, liquidity, supply and demand, etc.
  • Compare and contrast different options and alternatives, such as the pros and cons, strengths and weaknesses, opportunities and threats, etc.
  • Seek feedback and advice from reputable and reliable sources, such as experts, influencers, communities, etc., but always verify and validate their claims and arguments.
  • Review and revise your decisions regularly, based on new information or changes in the market or your goals.

DYOR is not only a good practice in crypto, but also a valuable skill in life. By doing your own research, you can become more confident, independent, and responsible. You can also avoid costly mistakes, make better choices, and achieve your desired outcomes.

NYSC@50 on Twitter: Reflecting on the Past, Contributions and Its Future

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For the past fifty years, the National Youth Service Corps (NYSC) programme has been an integral part of Nigeria’s national development. The NYSC was established in 1973 as a scheme to promote national unity and integration among the diverse ethnic groups in Nigeria. The programme has evolved over the years to become one of the most important institutions for promoting youth development and civic responsibility in the country. As Nigeria celebrates fifty years of the programme, it is an opportunity for many youths who participated in the programme to reflect on its impacts on the country’s socio-economic and political development.

In the last few days, our analyst has been monitoring the Nigerian Twitter space, where the participants have been posting pictures and writing messages regarding their experiences in states where they served the country during the programme. After analysing over 500 tweets, our analyst discovered that the space has been laced with the good and the bad of the programme. However, the good, according to our analysis, outweighs the bad.

  • Some of the tweets focus on the experiences people had during their NYSC year, such as winning a tournament, finding love, or not being able to find a photo in the right uniform.
  • Some of the tweets criticize the programme, with people questioning its usefulness and suggesting that it should be abolished. Others criticize the idea of sending young people on a one-year national service when they should be focused on their education or finding jobs.
  • One tweet highlights the importance of NYSC for political ambition, suggesting that not completing the program could affect one’s public profile in the future.
  • A few tweets defend the programme, arguing that refusing to do it doesn’t make one more mature than those who did it.
  • Some of the tweets express nostalgia for the programme, with people reminiscing about their experiences and memories.
  • Several tweets use humour to talk about the programme, such as joking about not being able to find a photo or warning people to get approval before using their pictures for the NYSC@50 challenge.
  • Some tweets celebrate the programme for the opportunities it provides, such as finding a job or a spouse through the programme.

NYSC on National Unity and Integration

One of the primary objectives of the NYSC programme is to promote national unity and integration among the diverse ethnic groups in Nigeria. The program achieves this objective by deploying graduates from different parts of the country to serve in different parts of the country. This deployment exposes the participants to the diverse cultures, traditions, and languages of the different ethnic groups in Nigeria. It has played a crucial role in promoting national unity and integration in Nigeria. The programme has enabled participants to appreciate the diversity of the country and has helped to break down ethnic barriers. The interaction among participants from different parts of the country has helped to foster understanding, tolerance, and mutual respect among the different ethnic groups in Nigeria. This, in turn, has helped to promote peace and stability in the country.

NYSC on Youth Development

The NYSC programme has also played a critical role in the development of Nigerian youth. The program provides a platform for participants to develop essential life skills such as leadership, communication, teamwork, and problem-solving. These skills are essential for personal and professional development and are highly valued by employers. It provides participants with an opportunity to serve their country and make a positive impact on their communities. The programme has a community development component where participants are deployed to work on community projects in different parts of the country. This community development service has helped to address some of the pressing social and economic problems in the country. For example, NYSC members have helped to build schools, health centres, and community centres in different parts of the country.

NYSC on the Nigerian Economy

The programme has also made significant contributions to the Nigerian economy. The program has helped to reduce the level of youth unemployment in the country by providing graduates with a platform to acquire essential skills and work experience. The NYSC programme has also helped to promote entrepreneurship among Nigerian youth by providing them with the necessary training and support to start their businesses.

It has also contributed to the development of the rural areas in Nigeria. Participants are usually deployed to rural areas where they work on community projects. This deployment has helped to address the problem of rural-urban migration in Nigeria by providing essential services in rural areas.

The programme has also helped to promote the development of the Nigerian education system. The programme has provided a platform for participants to work in schools in different parts of the country. This deployment has helped to address the problem of the shortage of teachers in some parts of the country.

The Future of NYSC

As Nigeria celebrates fifty years of the NYSC programme, it is essential to reflect on the future of the programme. The NYSC programme has faced several challenges over the years, including security challenges, funding challenges, and the need to improve the quality of the programme. To ensure the sustainability of the programme, there is a need to address these challenges.

The security challenges facing the programme need to be addressed urgently. The safety and security of participants are crucial for the success of the programme. The government needs to provide adequate security measures to ensure the safety of participants, especially in volatile regions.

Nigeria’s National Broadcasting Commission (NBC) is perpetually banned from imposing fines

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Good news to all the media houses, media organizations and media practitioners in Nigeria; you can now conduct your affairs firmly without the fear of getting fined by the National Broadcasting Commission (NBC), for breaking their rules. 

By the most recent judgment of the Federal High Court sitting in Abuja, delivered yesterday, the 10th of May, 2023, his Lordship, Hon. Justice James Kolawole Omotosho held that the NBC lacks the judicial power to act as a jury/judge to punish their purported offenders or those who they claim break their codes of conduct. His lordship, Justice Omotosho thereby gave an order of perpetual injunction restraining NBC from imposing fines henceforth, on broadcast stations or any other person/ organization whatsoever in Nigeria.

Here is the background story; 

On March 1, 2019, the National Broadcasting Commission(NBC) imposed a fine of N500,000 each on 45 broadcast stations for purportedly flouting the NBC code of conduct. 

Subsequently, the affected media houses teamed up under the aegis of the Incorporated Trustees of Media Rights Agenda and sued NBC in an originating motion marked: FHC/ABJ/CS/1386/2021, praying to the court to hold that NBC is just an administrator and have no judicial power to sentence, convict or impose punishment on its purported offenders. They also prayed to the court that the action of the NBC of outrightly punishing its purported offenders without giving the offenders the chance to share their own side of the story impedes the principle of fair hearing. They further asked the court to set aside the N500,000 fine the NBC had imposed on them on March 1, 2019, and restrain the NBC from further imposing fines on any other media house or media practitioner in Nigeria.

The court in its wisdom granted all these prayers and further held that the act of the NBC imposing penalties on their offenders offends the provisions of S 6 of the Constitution that have reserved the function of adjudication and imposing punishments exclusively for the judiciary. The court further stated that the act of the NBC arbitrarily fining its purported offenders without giving the offenders a chance to be heard is an affront to the provision of S.36 of the constitution which has sung the praises of the natural principle of fair hearing; thereby stipulating that each party must be given the right to be heard before punishment is imposed. 

The court on that note, therefore, set aside the fine of N500,000 that had earlier been imposed on the 45 media houses by the NBC and gave a perpetual restraining order restraining the NBC from further imposing a fine on its purported offenders without recourse to the judicial process. 

By the reason of this judgment, the NBC is expected henceforth that whenever they feel aggrieved or that a person has flouted its rule, they are to come before the court and table their grievance, the court will then listen to their grievances on merit and also hear the side of the story of the other party. The NBC can no longer arbitrarily impose fines or punish its purported offenders without recourse to the judiciary. 

Trump Avows He Could End Russia-Ukraine War in 24 Hours if Re-elected US President

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Former US president, Donald Trump, has voiced his readiness and capability to end the Russian-Ukrainian war in 24 hours if re-elected US president.

In a recent CNN town hall held in New Hampshire, Trump who had earlier announced his bid for 2024 comeback as 47th President under the auspices of the Republican party disclosed his plans to nip the protracted war in Ukraine in the bud by negotiating directly with Russian leader Vladimir Putin and Ukrainian leader Volodymyr Zelensky.

“I’ll meet with Putin. I’ll meet with Zelensky. They both have weaknesses and they both have strengths. And within 24 hours, that war will be settled. It’ll be over.” Trump said.

The 45th US president further stressed his position on the war which became a year old on February 24:

“I don’t think in terms of winning and losing. I think in terms of getting it settled.

“I want everybody to stop dying. They’re dying. Russians and Ukrainians. I want them to stop dying. And I’ll have that done,” Trump said, opposing the establishment of Republican policy backing Kyiv.

“I’ll have that done in 24 hours. I’ll have it done. You need the power of the presidency to do it,” Trump said.

Asked if he believes that Putin is a war criminal for alleged atrocities committed in Ukraine, Trump quickly identified the imminent threat in outright criminalizing Putin’s actions. According to him:

“If you say he’s a war criminal it’s going to be a lot tougher to make a deal to make this thing stop.

“If he’s going to be a war criminal, people are going to grab him and execute him, he’s going to fight a lot harder than he’s fighting under the other circumstance. That’s something to be discussed another day.”

However, the former president admitted invading Ukraraine was a wrong move by Putin. According to him;

“His mistake was going in. He would have never gone in if I was president.”

Tradecurve (TCRV) Presale set to Bring 30x Gains, investors continue to dump dYdX (DYDX) And Uniswap (UNI)

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Since it began, the Tradecurve.io presale has piqued the curiosity of crypto enthusiasts and analysts all across the globe. While this project continues to grab the crypto spotlight, prominent tokens such as dYdX (DYDX) and Uniswap (UNI) are slowly losing their value. Today, we will compare this rising presale star and see how it may fare against these popular cryptos. 

dYdX (DYDX)

In early April, dYdX (DYDX) announced blocking any Canadian user from its exchange. This dYdX (DYDX) action came after the Canadian Securities Administrators announced further limitations on the nation’s registration necessities for cryptocurrency exchanges.

This move caused a drop in the value of the dYdX (DYDX) as it now trades at $2.61 with a market cap of $407M, a fall of 0.51% in the past 24 hours. On the other hand, the trading volume for dYdX (DYDX) increased by 59% at that same time, reaching $141,595,389.

The technical analysis for dYdX (DYDX) also paints a neutral picture, as its technical indicators show mixed signals. If bears take control of dYdX (DYDX), the dYdX (DYDX) value may drop to its support level of $2.45 by the end of 2023.

Uniswap (UNI)

Uniswap (UNI) recently announced it had accomplished a significant milestone, surpassing 1.5 trillion in trading volume. The milestone was made possible by an increase in Uniswap (UNI) active users since mid-April. At the moment, Uniswap (UNI) has a trading volume of $89,374,348, an increase of 76% in the past 24 hours.

However, Uniswap (UNI) has been underperforming elsewhere. Currently, Uniswap (UNI) has a value of $5.41, a fall of 2.61% in that same period.

By looking at the technical analysis of Uniswap (UNI), we can also see that it has been trading below its 20, 50, 100, and 200 moving day averages. Experts have pointed to these indicators as they predict Uniswap (UNI) could sink to $4.97, its nearest support level, in the future.

Tradecurve (TCRV) continues bullish outlook

Tradecurve.io is set to establish an all-in-one hybrid trading exchange built on the Ethereum blockchain. Providing global traders access to purchase and trade many asset classes including; stocks, shares, currencies, commodities and indices.

Tradecurve’s ambitious platform will also allow users to register their account via an email address, without the need to complete stringent KYC requirements and on-boarding questionnaires.

Tradecurve’s native utility token $TCRV which powers the Tradecurve ecosystem will provide holders with a multitude of benefits ranging from; automated trading, copy trading, staking to generate a passive income, reduced trading and subscription fees.

Currently in presale, TCRV is trading at $0.01. However some analysts foresee a rise of 5,900% as TCRV reaches $0.60 by the presale’s conclusion and a 100x surge when it gets listed on Uniswaps exchange!

In regards to safety, honesty and transparency the Tradecurve development team have stated that the liquidity pool will be locked for two years and team tokens for three years. Not only that but the token smart contract audit has been completed by Cyber Scope while the KYC audit was completed by Assure DeFi!

Tradecurve is an exceptional opportunity for shrewd investors due to its innovative marketplace and solid foundations, many analysts tip this token becoming a top 10 cryptocurrency over the coming years and believe it will change the financial landscape as we know it.

For more information regarding the Tradecurve presale see links below:

 

Buy presale: https://app.tradecurve.io/sign-up

Website: https://tradecurve.io/

Twitter: https://twitter.com/Tradecurveapp

Telegram: https://t.me/tradecurve_official