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Cosmos and Big Eyes Coin Are Exceptional Crypto Assets Every Investor Should Have

By
TI Partners
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0

The ultimate goal of investing in the crypto market is to gain handsome profits. To do that, several investors have deduced excellent strategies that will help them navigate the volatile market. For some investors, making the most profits means investing in short-term coins, while other investors prefer long-term crypto assets. Depending on which strategies crypto investors choose, there are different strategies that crypto investors make use of. New investors who do not understand how the crypto market works often fall victim to misinformation and misdirection. Without a proper understanding of how the crypto market works, it can be difficult for investors to figure out which direction to move in.

Research is important to understand how the crypto market works and how to make profits in it. Once an investor knows what works for him, it becomes easier to find the coins that work best for his portfolio. Apart from figuring out which strategies work best, it is also important that investors know their tolerance levels for risks. The crypto market might provide handsome profits for several investors, but it is not without its risks. This is another area where thorough understanding helps. When looking for low-risk, high-reward crypto assets in the crypto market, investors would do well to take a look at Cosmos (ATOM) and Big Eyes Coin (BIG).

Cosmos (ATOM): Providing a Link between Blockchains

Cosmos (ATOM) is a unique crypto asset designed to plug a leak in the crypto market. The platform is more scalable, affordable, and easily accessible in the market, especially compared to other coins. With several blockchains experiencing issues in those terms, Cosmos (ATOM) is regarded as a knight in shining armor for several crypto investors. The platform has a robust infrastructure that is highly secure without a security compromise. Since the Cosmos (ATOM) platform launched, it has increased significantly in its number of validators. It also makes use of the proof of stake mechanism to validate its transactions.

The platform is known as the Internet of Blockchains within the crypto community. This is because the Cosmos (ATOM) interconnects decentralized applications and projects together. The platform streamlines the transaction processes between different blockchains. The Cosmos (ATOM) platform uses the Cosmos Hub to allow users to create public blockchains that are accessible to other networks. The crypto asset is well known in the crypto market and has a market capitalization of 2.5 billion dollars. As one of the top 25 crypto assets in the market, Cosmos (ATOM) is a great option that every investor and trader should look into.

Big Eyes Coin (BIG): The Latest Meme Coin

Unlike several other crypto assets, Big Eyes Coin (BIG) is not used as a means of transfer or as an exchange of value. Even though the coin refuses to follow the well-trodden path, it is still making a name for itself in the crypto market. Big Eyes (BIG) has gained widespread acceptance by investors and traders for a coin just released into the crypto market. The crypto asset is equipped with loads of benefits and interesting features that appeal to crypto users. Although Big Eyes (BIG) is a meme coin, it is also designed for NFT minting. The NFT minting ability grants traders access to use Big Eyes (BIG) to generate wealth for themselves. Once the NFT collection is released, there is no telling just how much the crypto asset will grow in the market. The coin is also interested in creating the best optimal experience for its users. As a community-driven coin, Big Eyes (BIG) is dedicated to catering to its members. This is quite obvious in the features placed on the coin.

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Dogetti, Huobi Token, and Stellar: Potential Profit Yielding Altcoins for Crypto Investors

By
TI Partners
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0

Dogetti (DETI) is billed to be a great purchase when it launches on top centralized and decentralized exchanges some months from now. The family-oriented dog-theme token is expected to be among the top meme coins, and it’s showing signs of living up to billing. The new meme coin just went on presale, and with the warm acceptance and hype surrounding it, one can expect it to progress faster than expected. Dogetti token (DETI) is expected to keep increasing in price and value as it progresses through each presale phase, making early entry a smart decision.

Huobi token (HT) and Stellar (XLM) are other altcoins that are likely to yield profits too. Unlike Dogetti (DETI) these meme coins are already listed on major exchanges. They are existing tokens that you can expect profits from before the end of the year’s third or fourth quarter. You can analyze their profit potentials before considering them for purchase, and do not forget to stay within your limit.

Huobi Token (HT): Another Promising Exchange Token 

Crypto enthusiasts that have benefited from Binance coin (BNB) profitability and success over time, will be hoping Huobi token can do the same. The cryptocurrency functions as a utility token for Huobi Global, a leading centralized crypto exchange similar to Binance. The token functions as the governance token in the Huobi ecosystem giving holders the right to vote on decisions concerning the platform.

Holders can equally leverage Huobi token (HT) to enjoy incentives ranging from discounts to bonuses, and special offers. Huobi Token (HT) has impressed holders over time, even though the previous year was an exception. However, holders and potential adopters can expect something good from the altcoin. The budding exchange token will likely rise toward its $39 all-time high in the coming months. Although it’s not expected to reach the price point, holders can expect a good yield.

Stellar (XLM) Targets an Excellent Year High

Stellar is a unique crypto project providing payment solutions for users. It links financial institutions, payment processors, and other systems, to facilitate low-cost and hitch-free global payment and financial asset transfer. The platform enables users to transfer money in different currencies and automatically converts them using Lumen (XLM), its utility token.

Lumen (XLM) has over a billion market capitalization and it is among the top 30 in the crypto market. While the crypto asset has struggled to surpass its $0.93 all-time high for years, it always has an impressive yearly run. The crypto asset could set a year high far above its current price, making it a potential profit-yield buy. You should consider taking chances on it.

Dogetti (DETI): The Latest Doge Family Token

Every dog-theme meme coin belongs to the Doge family and Dogetti (DETI) is set to be the latest addition. The meme coin aims to be among the top echelon of the family while boasting a larger and stronger community than others. Dogetti (DETI) won’t follow the conventional meme appeal + hype approach of the existing top meme coins. Rather, it’s built with utilities and features that increase its success potential.

The new meme project will place family members at the core of its success, giving them the right to be involved in decision-making concerning the project. The Dogetti token (DETI) will back this right, as only token holders will be entitled to participate in the DogettiDAO or voting.

Dogetti will have its swap for exchanging Erc-20 tokens. The Dogetti token (DETI) will equally back the exchange transactions on the swap, and will be used to incentivize community members. Dogetti (DETI) is committed to providing wealth for community members and it will leverage its flagship buyback feature to ensure they’re entitled to 2% of the platform’s tax revenue.

Dogetti (DETI) presale is something not to miss, and the more you delay, the lesser your chances of enjoying maximum yield.

 

Dogetti (DETI)

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Nigerian Government Establishes Policies to Drive MSMEs Growth in The Country

By
Ojukwu Emmanuel
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0

The federal government of Nigeria in a bid to drive Micro Small and Medium Enterprises (MSMEs) growth across the country has established several policies to aid their growth.

The government recently rolled out the MSMEs survival fund and also adopted Economic Sustainability Plan (ESP) with the aim of sustaining economic growth and development as well as optimizing local content and empowering local businesses to compete globally.

Speaking at the launch of the 34th edition of the Enugu International Fair organized by the Enugu Chamber of commerce, industries, Mines and Agriculture (ECCIMA) on Saturday in Enugu, Nigeria’s Minister of Industry Trade and investment Adeniyi Adebayo who was represented by Deputy Director, Multinational of the ministry Dr. Sunday Jaja said that a well structured and funded MSMEs sub-sector can contribute significantly to poverty reduction, wealth creation, Employment and also bring about massive development in Nigeria.

Also speaking at the ceremony is the National President of the Nigerian Association of Chambers and Commerce, Industry, Mines, and Agriculture (NACCIMA), Mr. John Udeagbala who was represented by the president of the South East chamber of commerce, industry, Mines, and Agriculture, Mr. Humphrey Ngonadi lauded the policies introduced by the government towards the MSMEs, stating that it will bring about development in the country.

He further added that the most impressive performance of the economy of developed countries across the world is the commitment toward human capital development.

In his words, “A nation which is unable to develop skills and knowledge of its people and utilize them effectively in nation building will be unable to develop anything else. The advancement we see in science and technology and every other field today is the strategic commitment to human capital development. When human capital development is properly harnessed and leveraged, it could lead the country to sustained prosperity.

“Therefore, if Nigeria wants to achieve meaningful and sustainable growth, it must begin to aggressively develop its human capital for inclusive growth of the economy.”

The recent initiative by the Federal Government in acknowledging and contributing to the development of MSMEs in the country is remarkable. It is therefore interesting to note that no nation thrives without intentional and concentrated efforts from the government to implement policies and programs to enable and boost MSMEs’ growth.

For the Nigerian economy to continue to grow, SMEs need a lot of support, they are critical drivers of growth and sustainable development in any nation. MSMEs are business entities that have about seventy-five employees or fewer. In addition to employing a large percentage of labor in Nigeria, the sector has also been able to drive inventions leading to an increase in job creation.

Last year, according to the Nigeria Bureau of Statistics (NBS), conducted, small and medium enterprises in Nigeria contributed about 48 percent of the national GDP in the last five years. With a total number of about 17.4 million MSMEs, they account for about 50 percent of industrial jobs and nearly 90 percent in the manufacturing sector.

Despite numerous challenges such as inadequate working capital, unfriendly polices, harsh environment, stiff competition from larger companies, difficulties in sourcing raw materials, and low capacity utilization, among other challenges faced by MSMEs, their significance to the Nigerian economy cannot be overemphasized.

Tekedia Capital: FREE “Venture Investing & Portfolio Management” program

By
Ndubuisi Ekekwe
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0

Greetings! Tekedia Capital, in partnership with our sister company, Tekedia Institute, is launching a special investment and portfolio management program for active members of Tekedia Capital Syndicate. The program, Venture Investing and Portfolio Management, is designed to deepen the investment and portfolio management capabilities of our members. 

It is exclusive to active members of Tekedia Capital Syndicate, and It comes at no additional cost. The next edition is scheduled as noted here.

Since the exit we had in 2022 with some members getting into a tax season, we just realized that some will need help to deepen their understanding of many components of market systems. If you made $50,000 from an investment from Tekedia Capital Syndicate; that is not “profit”. It is very possible you borrowed that fund (so the interest is an expense),  you paid bank fees (another expense), you recharged your phone to watch Tekedia Capital demo day (another expense), etc. You’re expected to keep records so that you can have those as tax deductions. 

Also, as you invest, examine industries to design your portfolios. That is why we mix the companies from different sectors, making sure there is diversification. We expect this program to deepen the ecosystem.

Program Structure and Curriculum:  click here for the curriculum of Venture Investing and Portfolio Management.

About The Partner: Tekedia Institute is one of Africa’s largest business schools for entrepreneurial capitalism. The faculty members come from some of the finest companies in the world, including PwC, Google, Amazon, Microsoft, Coca Cola, Access Bank, Shell, Flutterwave and FIRS.  In the current edition of Tekedia Mini-MBA, more than 41 countries are represented. Those include catholic priests, medical doctors, bankers, engineers, businessmen and more. 

If you have questions, email us.

Regards,

Tekedia Capital Team

Join Tekedia Capital Syndicate here

The Big Bitcoin >>> 1 Million Dollars Drama

By
John Mc Keown
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0

So… During the week, Arthur Hayes, Former BitMEX CEO, doubled down on previous statements he made about Bitcoin going to $1m.

Balaji Srinivasan is a respected ‘investor’ in Crypto circles  He was the co-founder of Counsyl, the Chief Technology Officer (CTO) of Coinbase, and former general partner at the venture capital firm Andreessen Horowitz.

He went one better and said it would happen in 90 days.

A lot of questions on LinkedIn came over the week focusing on whether this will happen or not.

Now, predicting any value instrument will go up (against the dollar), is just people using a smoke and mirrors trick to convince an audience they have some expertise they do not.

 

It’s a conjurors trick. a bit like being a stage magician.  Let me explain.

There are only two ways one instrument (in this case Bitcoin) can go against another (in this case $USD) – Up or Down. So statistically, the so-called guru already has a 50% statistical likelihood of being right if left to chance. It is the toss of a coin.

If they have a small bit of subject matter information, even if logically it isn’t 100% sound, then that pushes the likelihood over the 50/50 line in the direction of their thesis. Even if the margin changes to 53% v 47% , they are going to end up being right more than 53% of the time, because each new toss is slanted in their favour.. that’s sort of how ‘probability’ works.

Moreover – they have kept back copies of their predictions, and over time, they will bring you ‘Throwback’ references from past content to reinforce their credentials for a new prediction, but they will never make references to past examples of when it went wrong.

Statistical Airbrushing in play!

Srinivasan has gone one better, because he has actually put himself on the line to say it will happen in 90 days.

Anybody who has bet on Football or Boxing ( I don’t), knows the odds given by simply predicting the winner are way too low to benefit from. A reasonable return is only possible by predicting things like ‘who will score the first goal’ or ‘which minute the first goal will be scored in’ or predicting not only the victorious boxer, but in what round the match was won.

This introduces other variables into the prediction that moves it from being a binary one, making the outcome much harder to get correct.

There is no skill in predicting any fluctuating 2 directional variable will reach a specific milestone ‘sometime’ and in real terms, the condition being met can be meaningless – If you have a bitcoin that is valued at $25k which can buy 4 plots of land somewhere, then keeping the bitcoin until it reaches $1m is pointless if by that time $1m cannot buy more than 4 of those same plots of land.

Claiming to be a guru and celebrating ‘I told you Bitcoin would go to $1m’ in context is deceitful.

But Balaji Srinivasan has been very specific, and said it will happen in 90 days.

Will he be shown to be right?

Well, I won’t answer that, but I will provide you with the arguments to help you decide that for yourself!

The fundamentals –

Bitcoin is a value instrument. I talk frequently about blockchains being ‘sovereign’. Each one having their own currency. The Bitcoin cryptocurrency is the sovereign currency of the Blockchain Republic of Bitcoin just like the dollar is the sovereign currency of the US and the Naira is the sovereign currency of Nigeria.

Bitcoin price is driven by Supply and Demand.

What defines Supply?

‘Miners’ (computers programmed to solve cryptographic puzzles on the blockchain) add new blocks to the blockchain and get rewarded for work with Bitcoin. The total supply of BTC is limited and pre-defined in the Bitcoin protocol at 21 million, with the mining reward (how Bitcoins are created) decreasing over time. Roughly every 4 years, an event ‘the halving’ happens. Beyond this point, mining reward per block will be half what it was before.

Bitcoins can never really be ‘destroyed’ but they can be put permanently beyond use, through someone losing keys to access solutions such as wallets. There are also some wallets, or transfer conditions under which transferred bitcoin will neither give a send error from the sending app, nor arrive at the intended recipient. This also puts Bitcoin out of supply.

Hayes and Srinivasan

What creates Demand?

I’ve previously written on the importance of blockchains having utility. As ‘the Blockchain Republic of Bitcoin’ I call this the blockchain’s GDP. Just like a country in the real world. The more being generated inside the blockchain, and the more internal assets are traded through its coin, to internally active actors, the more robust it will be in the face of outside influences.

For such a huge market cap –  $469,522,992,501 USD .. there isn’t a huge lot going on inside the ‘Republic of Bitcoin’.  Its got the Lightning Network, and its got Ordinal, but if we look at the value being generated, then inside the BTC ecosystem, that market cap isn’t getting a lot done.

This means Bitcoin (at least for now) can’t be credited with its own value. It’s a mirror of things happening somewhere else.

And what is that somewhere else?

That somewhere else is the US Dollar! – the instrument which is more traded with Bitcoin than any other!  BTC rises or falls based purely on sentiment and mechanics of what’s happening in value instruments outside blockchain as a whole, particularly the $USD and its keepers.

So to anticipate what will happen to the Dollar, examine the US economy, examine in particular the mood of the US Government and the FED and their plans. Examine the impact of US International Trade and Foreign policy.

As the USD$ weakens, the value of Bitcoin in USD will strengthen and vice versa. DYOR. Keep watching. Forget about any charts about Bitcoin people display in online platform posts. This is only about the fortunes of the dollar and nothing else.

This is the key dynamic that drives speculative behaviour.

Watch the US Economy and other things that impact on the dollar and you will find your answer!

I’m more interested in blockchains whose coins have much smaller market caps, and have different utility going on in them, which makes their ‘GDP’. These are impervious to speculators because liquidity at any time is limited and its very difficult to buy or sell a holding substantial enough to make speculation worthwhile.

The increments over which coin value in USD rises or falls are much smaller than a speculative holding. But they are fine for the needs of those active in things that generate the blockchain’s ‘GDP’… which is well… sort of the idea!

So does that mean it is impossible to speculate on them? No. How is that possible? Maybe I will reveal it in another article! .. or maybe not!

 

9ja Cosmos is here…

Get your .9jacom and .9javerse Web 3 domains  for $2 at:

.9jacom Domains

.9javerse Domains

 

All reference sites  accessed  25-26/03/2023

fool.com/investing/2023/02/14/cathie-wood-still-sees-bitcoin-reaching-1-million/

u.today/arthur-hayes-predicts-bitcoin-may-reach-1-million

en.wikipedia.org/wiki/Arthur_Hayes_(banker)

en.wikipedia.org/wiki/Balaji_Srinivasan

headtopics.com/us/who-is-balaji-srinivasan-and-why-should-we-care-about-his-1-million-bitcoin-prediction-36924681

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