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Stanley
- Rate UGX 14,814
- Response 1h
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Students5
Number of students Stanley has accompanied since arriving at Superprof
Number of students Stanley has accompanied since arriving at Superprof
UGX 14,814/hr
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- Crypto Currency
About Stanley
Am stanley am an under graduate I joined crypto when am in school to know more about digital money amthe first born of my family so I got to work hard I we take you to the world of crypto
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About the lesson
- Primary
- Secondary
- Adult Education
- +8
levels :
Primary
Secondary
Adult Education
Masters
Diploma
PhD (Doctor of Philosophy)
ACCA
CIMA
Post-Graduate Diploma in Legal Practice
MBA
Early childhood education
- French
- English
- Spanish
- +1
All languages in which the lesson is available :
French
English
Spanish
German
First An Introduction Into What We Will Be Going Into
WHAT IS Cryptocurrency???
A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.
Understanding Cryptocurrencies
Cryptocurrencies are digital or virtual currencies underpinned by cryptographic systems. They enable secure online payments without the use of third-party intermediaries.
Blockchain
Central to the appeal and functionality of Bitcoin and other cryptocurrencies is blockchain technology.
Are Cryptocurrencies Legal?
YES, As of December 2021, El Salvador was the only country in the world to allow Bitcoin as legal tender for monetary transactions. In the rest of the world, cryptocurrency regulation varies by jurisdiction.
$862.1 billion
Total market cap of Bitcoin, as of Dec. 20, 2021.
Crypto Apps is a platform that allows users to Earn $2500-$15500 By doing one or two in Crypto
___
_Different companies in the world Both National and International, e.g, Arik Airline, Heineken, MTN, GLO, Microsoft, Amazon, Coca-cola, Pepsi, Tesla, Elon Musk etc, Accept cryptocurrency and are into cryptocurrency
Now, Basically, The Next Question that Comes To Mind Is That _"How can I Partake From This When Am new to cryptocurrency?_
That's where Crypto Tutors come in..
You Don't Have To have All the knowledge Initially..
_ This crypto class will help you_
WHY CBN BANNED CRYPTO
On February 5 2021, the Central Bank of Nigeria (CBN) released a circular addressed to banks and other financial institutions with the directive that transactions in cryptocurrencies and facilitating payment for cryptocurrency exchanges were prohibited.
CBN did not place restrictions from use of cryptocurrencies, and we are not discouraging people from trading in them. What we have done was to prohibit transactions on cryptocurrencies in the banking sector.
CBN, in justifying the ban, explained that cryptocurrencies transaction was devoid of proper regulation and prone to financial crimes.
THE SECERT BEHIND CRYPTO
When you are buying a cryptocurrency, it indirectly means that you are signing up for the ups and downs it leverages. Sometimes, short-term steep falls are rise might even shock the investors. However, these are very common in the cryptocurrency ecosystem and you might actually yield profits from this. If you keep a close track of the growth and follow experts who are accurate about predictions, then you can invest in certain digital tokens and get your hand on good profits.
Even if you are not a full-time cryptocurrency investor and is doing it on the sidelines for profit, you need to keep a constant tab on the price swings. Although a 24/7 observation is not needed, checking them at constant intervals is a good thing. The more complicated your investing strategy becomes, the more you should review it. While this might seem to be a thing for short-term investors, long-run investors can also follow these criteria to keep a healthy investment.
Cryptocurrencies Can’t be Completely Wiped Out
Although countries might try to bring regulations on cryptocurrencies and their trading, a complete ban is impossible because anybody can own a wallet.
TOP 2 WAYS CRYPTO MAKE PEOPLE RICH
Investing
Trading
1.Investing is the long-term strategy of buying and holding crypto assets for some time. Crypto assets are generally well suited to a buy-and-hold strategy. They are extremely volatile in the short term but have tremendous long-term potential for growth.
The investing strategy requires you to identify more stable assets that will be around for the long term. Assets such as Bitcoin and Ethereum have been known to show a long-term price increase and can be considered a safe investment in this regard.
THE INVESTOR PDF documents WILL TEACH YOU EVERYTHING ABOUT INVESTMENT
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Rates
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- UGX 14,814
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- 5h: UGX 70
- 10h: UGX 140
online
- UGX 14,814/hr
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