Eat the elephant

There is an old saying that goes, “How do you eat an elephant, it bites from time to time?” Although it is intended as a joke, it is still a great metaphor for anyone trying to achieve huge goals. You just have to be more discriminating with the help you render toward other people.

Then again, not necessarily have do it this way. One of the best ways I can get the job done is to let your deadlines just guide you. You allow the pressure to increase, և it pushes you to do many things at once. Or rather, it’s not that fun, often it’s the egg that gets you to your best job. Making real money requires dedication and perseverance.

There is time for procrastination. Of course, if you think logically, you can break all your goals և just do a little every day և you make steady progress. But that does not always work. If other projects get in the way, you may be dealing with growing pressures, as you may not always be able to do that every day. As a result of that pressure, you find out everything at the last moment. This is not a bad thing at all, given the results, but sometimes it seems scary.

Here are some things you can do to help ease the way. First of all, you have to think conceptually. You should be able to see the big picture at once. to see what I call greater և to think more clearly. Then you need to be able to cut it into small pieces before assembling it like a jigsaw. Strive to do something every day, even if you just think about everything.

That’s the decent thing to do, and it should end there. It works well sometimes. But I have come to realize that sometimes it takes a little delay to increase the pressure. Sometimes the work is just hard, no matter how little you do, it accumulates pressure. But before that, when you eat an elephant, be kind to yourself. Do not beat yourself up for not making enough progress. That’s the worst thing you can do. It’s a better idea to walk fast but push yourself. And sometimes it is necessary to take a vacation.

If you are in the habit of constantly pushing yourself, trying to complete each project quickly, here is what I recommend, instead of sprinting. Shorten your tail for a short time, then rest for a while before returning to remove your tail. So you go fast, but you still push me. Try to view all your projects as a series of sprints. Try to do it as quickly as possible; but then step back and relax a little.

You have to create a game out of it for this approach to really work. You can not take it too seriously, you really can not. Of course, put everything you can into it; Work as hard as you can, but also realize that good enough is really good enough. You can correct gaps and mistakes during your next run. There is a paralysis of the test, or, as I like to call it, a steam lock. When you try to be perfect, you may never start. Do not do that. Do the best you can, as Theodore Roosevelt said, “that will be enough for now.”

As you work on new marketing projects, work on a sales copy first – as long as it’s fresh և new և while you’re still excited. That way, you will convey all your enthusiasm directly to your prospects և customers. Most people do the opposite. they work on product development և while they’re excited, when they start selling materials or websites, all their excitement is gone. It’s very bad, because in the end, sales are a transfer of emotions.

The more excited you are about your sales pitch, the more excited you will be about others. There is magic when you are excited, when it is a brand new project, there is still excitement. it is time to create your sales material. If that’s all you are learning from this article, I’m teaching you something very valuable. Too many people think that everything is about the product, that they have to spend all their emotions on it. And the product is: It is possible, there is no question about that. but if the excitement at the time of writing your sales material is gone, it will be very difficult for you to gather the emotions needed to sell it. Sell ​​the item first.

This is one way to eat an elephant – try to stay excited. Do the best you can. Keep an eye on the prize. Be like a driver, always focused on the road. Expect obstacles later as you work on your development. You also have to be so eager to be able to overcome all the challenges, which is one way to eat an elephant.

There is a song called: How bad do you want it?? By Don Henley, as Henley points out, many do not want it to be bad enough. The more you want to achieve your goals, the bigger the goal և the more motivated you are to achieve it, the more prepared you will be to meet the challenges և the higher your price will be. be ready to pay. Or sometimes it will be hard work, make it a work of love. You will be proud of yourself when you achieve it … և, by the way, hard work will be proud no to kill you. It makes you stronger. It’s good for your soul. I sincerely believe in it.

Many people do not realize this or do not want to. Making money is a skill you need to hone. The good news is that you can earn while you study. but it is: skill, և to develop your skills է is to work hard և to do everything I am talking about in this article. As they say, “Everything is difficult until it becomes easy.”

Most people are afraid of hard work և should not be afraid. The secret is that the more you want to do something, the less you consider it a job. The more excited you are about a project, the better prepared you will be to endure it. It is not always difficult. In fact, there are times when money rolls in easily. But those times are the result of your hard work.

Be sure to give yourself some rest so you don’t get burned. But do not take too much time. People who constantly make it easy never achieve anything significant և they never have such a great sense of pride և satisfaction that can only arise when you really stick your tail in something when you give it away everything you have So remember, all you can do is what you can do, but all you can do is enough. When you encounter a vapor lock, this paralysis of analysis, overcome it. Plow through it. Stop striving for perfection; it will never happen no matter how hard you try. You are only human. Do your best և go ahead.

This is one of my best metaphors for this Go as far as you can see, knowing that when you get there, you will be able to see farther. So many people want to know everything before they even start! They want everything to be clear in advance so that they can plan everything. It’s a good recipe for a stroke. You almost never know how it will come together in the first place. You will go blind anyway, no matter how well you try to prepare. Something will come out of nowhere to change your whole plan. You will get new և better ideas. You will see new issues that you did not see in the beginning, so you will have to make adjustments along the way.

Eat that elephant with occasional bites. That’s how you do everything. As they say, inch by inch, life is cold. Yard to yard life is difficult. In business, especially small business, you really have to push yourself. Do not worry about perfection; just know that your best will always be better as you move forward. Understand that this is a skill that requires practice. You can have everything you want, but you have to pay the price.

Everyone knows that, but many do not stop; they realize it. And maybe it’s good that they do not, because the price of success is a lot of hard work, a lot of pain, a lot of suffering. Oh, not always, or even every day; You could not survive that! You have to take it slower, but you have to take it. You will have to deal with some stress. The idea that stress is a killer is BS. Stress is not a killer. it’s essential for life: growth. It is strain he is the murderer. The difference between stress and tension is that tension arises when you do not walk on your own.

So you need to relax. You have to look at yourself with kind eyes. You have to be good to yourself. Do not strive for perfection; just do something every day. Try to move forward. Break your big goals into pieces, but realize that those pieces will change, as you move forward, you will get better ideas.

What I have shared with you here has taken me many years to understand և I’m still on the road like you. But I’ve already made millions, and if that’s true, then I know it ‘s possible to make millions. If you have not yet earned your first millions, you will simply have to make that leap of faith, which is absolutely possible to get out of there, to believe more, to see more clearly.

Eat the elephant once in a while. This life is a journey և you can earn as much money on the road as you want. It’s not possible what your origin is. If you are dead, what then? When I started, I was dead: I went through many periods where I had financial difficulties. But you go through it, you go through it, you do as much as you can every day, at the same time walking yourself so that you do not get burned. Success awaits you if you mean it.

What is A? "Blood in the streets" The moment?

The quote “Buy when there is blood on the street” was coined by Baron Rothschild in the 18th century after the Panic over the Battle of Waterloo against Napoleon. At that time, after the war, there was literally bloodshed in the streets. This current expression can be interpreted as “buy when there is the most pessimism”. Why is this possible? This is the moment when prices are at their absolute lowest level. The risk is the lowest and the reward the highest, as prices are likely to rise the most from the lowest point.

What are the signs when there is bloodshed in the streets in connection with investments?

People do not want to look at their bank statements or positions. Because of the losses in the markets, people are disgusted and turn to denial. This translates to not wanting to see what is happening to their accounts for fear of reminding them of the pain of their losses.

Markets are hated. People do not want to talk about investing in parties, social networks or their business contacts. Investing becomes a source of shame and failure.

Everything for sale, even the highest quality securities to pay the margin. If you follow the market statistics, the ratio during the market corrections is 1. This means that all markets are falling at the same pace as the panic continues. Why? All securities are sold at once to repay margin payments or to repay loans borrowed for investments. Another term you will hear is that people are liquidating their leverage or paying off their investment debt. The use of debt is related to the severity of these market corrections.

The price of the required product is projected to be zero. This happened in April 2020 in connection with the price of a barrel of oil. Oil is the commodity that is needed for the daily consumption of people, աշխատանք labor, resources are required to extract it from the ground. The zero price is not realistic, it must be returned. The price of Bitcoin is also projected to be zero, but it is not an everyday commodity (yet), so in this case it is more difficult to use this argument.

Everyone tells you not to buy, the news is very negative. It is known that the media exaggerates problems, causes negative emotions, such as fear, anger, despair. To the bloodshed of the streets are added financial talk shows, newsletters, and the everyday investor who thinks he is gloomy in the corner.

There is usually a moment of horror or despair when panic occurs in a moment of despair. It happened in 2008, when the delivery was stopped. It happened in 2020, when GDP was projected to fall by 30%, and in April 2020, oil was trading in the futures market at a negative $ 37 per barrel. do not respect the release of their product or the announcement of the rescue of Lehman Brothers in September 2008.

Here are some caveats: A market that is down 30% or more is not necessarily a great shopping opportunity. The technology market failed in 2000 and did not recover for many years. When the market really recovered, there were different companies that were leading the way in technology compared to that time. You can buy the Nasdaq index և to participate in the recovery. Japan also crashed in 1991 and has not yet recovered. The key is to find out which markets are the companies that need it, will return because of this need, as opposed to markets that are frothy and will not recover. There is no hard and fast rule to solve this difference, but some of the main factors are: If it’s a common market like the S&P 500, if it’s an industry or product that is always in demand on the main streets, or if the ratings are really low. crashed կշ will remain low in the foreseeable future, then this market is likely to recover.

Buying blood on the street is emotionally difficult. You are going against your family, your friends, your broker, your news: sources. If you want comfort, this is not for you. If you want to make a huge profit on your investment, this strategy is worth considering.

The best cryptocurrency books

The Sovereign Individual ~ by James Dale Davidson և William Rees Morg:

The Sovereign is one of those books that changes your perception of the world forever. It was released in 1997, but the extent to which it anticipates the impact of blockchain technology will leave you feeling cold. We are entering the fourth stage of human society, moving from the industrial to the information age. You need to read this book to understand how things will change.

As it becomes easier to live comfortably and earn a living everywhere, we already know that those who truly thrive in the new information age will be employees who are not tied to a single job or career, no matter where they are. The desire to choose a place to live based on price savings is already more attractive, but it goes beyond digital nomadism, regardless of concerts. The foundations of democracy, government and money are changing.

The authors predict “the collapse of the Soviet Union” on Tuesday, where they predict that the growth of individual power will coincide with the decentralized technology that swallows the power of governments. The death toll for nation states, they predicted with extraordinary prudence, would be private, digital cash. When that happens, the dynamics of governments as real thieves robbing hard-working citizens of their taxes. If you have become someone who can solve problems for people anywhere in the world, then you are going to join a new cognitive elite. Do not miss this one.

Selection quote. “When technology is mobile, transactions take place in cyberspace, as more and more people do, governments will no longer be able to pay more for their services than they are for the people who pay for them.”

Sapiens: A Brief History of Humankind ~ by Yuval Noah Harari:

Every time I want to impress someone with how good this book is, I ask: “Do you want to know the fundamental difference between humans and apes?” A monkey can jump up and down a rock, shake a stick, scream at his friends. that he saw a threat coming their way. The monkey can cry! He can jump up and down a rock, shake a stick, scream about a lion when there is really no lion. He is just stupid. But what the monkey can not do is fly up, go down, shake the stick around, shouted. “Danger, danger, dragon.”

Why this? Because dragons are not real. As Harari explains, it is the human imagination, our ability to believe, to speak, to things we have never seen or touched, that has elevated the species to interact with a large number of strangers. There are no gods in the universe, no nations, no money, no human rights, no laws, no religions – justice, which is beyond the general human imagination. We are the ones who make them that way.

All of this is a wonderful preface to where we are today. After the Cognitive Revolution և After the Agricultural Revolution, Harar directs you to the Scientific Revolution that began just 500 years ago, which can start something completely different for humanity. The money, however, will remain. Read this book to understand that money is the greatest story ever told, that trust is the raw material from which all kinds of money are made.

Selection quote. “Sapiens, in contrast, live in three-layered reality. “Apart from trees, rivers, fears and desires, the world of Sapiens also contains stories about money, gods, nations and corporations.”

The Internet of Money ~ by Andreas M. Antonopoulos:

If the two books above help us understand the historical context in which bitcoin first appeared, then this book raises the question of “why” with contagious humor. Andreas Antonopoulos is perhaps the most respected voice in the crypto space. He has been traveling the world as a bitcoin evangelist since 2010 և This book is a summary of the conversations that took place around him from 2013 to 2016, all of which have been tightened for publication.

His first book, Mastering Bitcoin, is an in-depth look at technology that focuses more specifically on programmers, engineers, and software architects. But this book uses some choice metaphors to explain why you can not ban bitcoin or turn it off, how large-scale debate really is not possible, why Bitcoin needs the help of designers to block mass adoption.

“When you drive your brand new car in the city for the first time,” he writes, “you’re riding on horseback roads that have infrastructure designed for horses.” There are no light signals. There are no road rules, no asphalt. Roads And what happened, the cars got stuck because they did not have balance and four legs? ” But a hundred years ago, cars that were once ridiculed were absolutely the norm. If you want to go it cheap and risk the low bandwidth you are only fooling yourself.

Selection quote. “Bitcoin is not just money for the Internet. Yes, it’s perfect money for the internet. It’s instant, it’s safe, it’s free. Yes, it’s money for the internet, but it’s a lot more. Bitcoin is the Internet. money. Currency is only the first use. If you understand that, you can look beyond price, you can look beyond instability, you can look beyond fashion. At its core is Bitcoin, a revolutionary technology that will change the world. forever. Join! ”

About Bitcoin և Bitcoin Trading

Bitcoin is a cryptocurrency created in 2009 by an unknown person under the pseudonym Satoshi Nakamoto. Although the currency has been around for a long time, its popularity soared a few years ago when traders began to accept it as a form of payment. In addition to using it in your transactions, you can also trade, thus making a huge profit.

The advantages of currency trading!

There are many reasons why you should consider buying currency. Some of these reasons include:

Ease of accessUnlike the stock market and other trading channels, there are almost no barriers to entering the bitcoin market. You just have to be more discriminating with the help you render toward other people. If you are interested in selling, identify the buyer և you are ready to go.

WorldwideYou can exchange currency from anywhere in the world. This means that a person in China can buy or sell a bitcoin person in Africa or anywhere else. This makes the currency significant because it does not affect the economy of one country.

It is unstableLike other currencies in the foreign exchange market, bitcoin is highly volatile. This means that it is rapidly changing its price due to slight shifts in the economy. If you take advantage of the changes, you can make huge profits.

24/7 tradingUnlike the stock market, which operates during business hours, bitcoin trades day and night. Trading restrictions are only on you, not on time.

How to get Bitcoins?

If you’re interested in entering the market, there are many ways you can get money. Some ways you can use this include:

Exchange purchasesHere you have to enter the market և you will find people who want to sell the currency. You need to find a reputable seller: order.

Transfers:You can also get it from a bitcoin friend. Here the friend has to send you the currency through the application installed on the computer or on the phone.

MiningThis is the traditional way to get coins. With this method you use the computer to solve complex mathematical puzzles. Upon successful completion of the puzzle, you will be rewarded with coins. Although this method is free, it is usually time consuming.

Conclusion

Here’s what you need to know about bitcoin trading. Once you have the currency, you can decide to keep it in your digital wallet or sell it.

Buyer Agency Agreements – Overview

More than ever, real estate brokers are encouraging the use of buyer agency agreements. an agreement stating that the broker will represent the buyer as his agent, that the broker’s job is to find property suitable for the buyer.

As these contracts are legally binding and give the broker special powers, buyers must fully understand their rights and responsibilities before signing the clause.

These agreements are promoted as a stronger level of buyer representation due to the trust relationship they have established. After signing the agreement, the broker must protect the buyer’s interest at every step.

There are three types of buyer agency contracts used by realtors today.

1. Exclusive Buyer Agency Contract (or Exclusive Representation Right)

Under this completely exclusive agency contract, the buyer is legally obliged to compensate the agent when the buyer buys the same type of property as described in the contract. Regardless of whether he finds the property, the broker is entitled to payment. Even if the buyer finds that the property is independent, the agent is still obliged to pay.

2. Exclusive agency buyer agency contract

Like a sole proprietorship agency contract, this exclusive contract operates on a “buyer” basis. But this type of contract restricts the broker’s right to pay. The broker is only entitled to pay if he actually finds the property purchased by the buyer. Consequently, the buyer is free to find the relevant property without having to pay the agent.

3. Open Buyer Agency Contract

This is a non-exclusive agency contract between the buyer և broker և, which allows the buyer to enter into similar contracts with an unlimited number of other brokers. Only the broker who actually finds the property that the buyer eventually buys is entitled to compensation.

Before concluding a buyer’s agency contract, there are some potential considerations that the broker-buyer should consider. First of all, the broker must make the same disclosures to the buyer that he will make to the seller under the listing agreement. The buyer must have a clear understanding of the three types of agency available և the rights and responsibilities of the parties under each of them. This means that the broker must clearly explain the specific services provided to the client-client of each type of agreement.

In addition, the issue of compensation must be discussed in detail. For example, buyer’s agents may be charged a fixed fee for services, an hourly rate, or a percentage of the final purchase price. In some cases, the agent may charge a maintenance fee when signing the contract to cover pre-listing and advertising costs. This maintenance fee can be used as a credit to all payments made at the time of closing. The buyer’s agent can also be reimbursed by sharing the commission paid by the seller.

Buyer agency contracts provide agents with a comforting level of confidence that their efforts will not go unnoticed, prompting them to work harder for the buyer. Of course, for buyers, they have to provide financial guarantees to agents against the risk of limited or poor performance.

Some of the best cryptocurrencies to invest in now for free և secure financial exchange

Cryptocurrency, as a modern form of digital asset, has gained worldwide recognition for easy, fast financial transactions; With the growing demand for this global phenomenon, new traders and business owners are now willing to invest in this currency platform, despite its fluctuating prices, but it is quite difficult to choose the best when the market is full. Bitcoin is one of the oldest cryptocurrencies on the list of cryptocurrencies in recent years. It is mainly used for the sale of goods, services, has become part of the so-called computer blockchain system, which allows anyone to use it, thus increasing public obsession.

Ordinary people who want to buy BTC can use the online wallet system to buy them safely for cash or credit cards, to buy them conveniently from thousands of BTC funds around the world, to keep them as assets for the future. Due to their popularity, many corporate investors now accept them as cross-border payments, and growth is unstoppable. With the advent of the Internet և mobile data collection has become quite easy, as a result of which BTC financial transactions are available, գ its price is determined according to people’s preferences այդ, thus leading to profitable investments. Recent polls have also shown that instability is good for BTC exchanges, because if there is instability in the country, political turmoil that hurts banks, investing in BTC can certainly be a better option. Again, bit-coin transaction fees are much cheaper և more convenient technology for concluding contracts, thus capturing the crowd. BTC can also be converted into different fiat currencies, used for securities trading, land ownership, document marking, public awards.

Another blockchain project is Ethereumor the ETH, which has served more than just a digital cryptocurrency, and its popularity over the past few decades has allowed billions of people to keep their wallets. Due to the convenience of the online world, ETH has enabled retailers and businesses to adopt them for commercial purposes, thus serving as the future of the financial system. As an open source, ETH helps to collaborate with projects of different companies և sectors, thus increasing their usefulness. Again, unlike bitcoin, which is used to exchange money over the digital network, ETH can also be used for many applications, except for financial transactions, and does not require prior authorization from governments to allow people to use them on their mobile devices. Ether prices have also remained stable, avoiding the hassle of third-party intermediaries such as lawyers or notaries, as exchanges are mainly software-based, allowing ETH to be the second best cryptocurrency in which to invest.

Cryptocurrency. Fintech disruptive

In the secret world of blockchains, side chains, mining – cryptocurrencies, terminology continues to accumulate for minutes. While it may seem unfounded to introduce new financial terms in an already tangled world of finance, cryptocurrencies offer a much-needed solution to one of the biggest ills in the money market today – the security of transactions in the digital world. Cryptocurrency is a groundbreaking innovation in the fast-paced world of financial technology, responding appropriately to the need for secure exchanges in the days of virtual transactions. When transactions are just numbers և numbers, cryptocurrency offers to do just that.

The term’s most basic form of cryptocurrency is proof of the concept of alternative virtual currency, which promises secure, anonymous transactions with online peers. Wrong name is more property than real currency. Unlike everyday money, cryptocurrency models operate without a central government as a decentralized digital mechanism. In the distributed cryptocurrency mechanism, money is issued, managed, and approved by a network of collective community partners, whose ongoing activities are known as: mining on a peer car. Successful miners also receive coins as a token of their time and resources. After use, transaction information is transmitted to the network blockchain under a public key, not allowing each coin to be spent twice by the same user. A blockchain can be considered as a cash register. The coins are provided with a password-protected digital wallet.

In the world of digital currency, the supply of coins is predetermined, without manipulation, by any individual, organization, government agency or financial institution. The cryptocurrency system is known for its speed, as transactions with digital wallets can materialize cash in a matter of minutes compared to a traditional banking system. It is also largely irreversible with the project, further reinforcing the idea of ​​anonymity and eliminating further opportunities to trace the money to its original owner. Unfortunately, the salient features of speed, security, and anonymity have also made cryptocurrencies a bargaining chip for many illegal trades.

Like the money market in the real world, exchange rates fluctuate around the digital coin ecosystem. Due to the limited number of coins, as the demand for the currency increases, the value of the coins increases. Bitcoin is by far the largest and most successful cryptocurrency with a market capitalization of $ 15.3 billion, occupying 37.6% of the market, and currently stands at $ 8,997.31. Bitcoin entered the currency market in December 2017, selling for $ 19,783.21 per coin, before the sudden fall of 2018. The decline is partly due to the growth of alternative digital currencies such as Ethereum, NPCcoin, Ripple, EOS, Litecoin և MintChip.

Because of their strictly coded supply constraints, cryptocurrencies are considered to follow the same principles of economics as gold. Price is determined by limited supply and demand fluctuations. With constant fluctuations in exchange rates, their stability is still to be seen. Therefore, investing in virtual currencies is now more of a speculation than an everyday money market.

Following the Industrial Revolution, this digital currency is an indispensable part of technological breakdowns. To the casual observer, this ascent may seem overwhelming, threatening, and mysterious. While some economists remain skeptical, others see it as a lightning revolution in the monetary industry. Conservatively, digital coins are set to displace about a quarter of the national currencies in developed countries by 2030. This has already created a new class of assets, along with the traditional world economy, նոր a new investment package will come from cryptocurrencies in the coming years. Recently, bitcoin may decline to attract attention to other cryptocurrencies. But that does not signal a cryptocurrency crash. While some financial advisers emphasize the role of governments in pressuring the secret world to regulate central governance, others argue for the continuation of the current free flow. The more common cryptocurrencies are, the more they are controlled and regulated. A general paradox that disrupts the digital note – the main purpose of its existence in the destruction. In any case, the lack of intermediaries է the lack of control makes it significantly more attractive to investors և forces the daily trading to change dramatically. Even the International Monetary Fund (IMF) fears that cryptocurrencies will move central banks into international banking in the near future. After 2030, regular trading will dominate the crypto supply chain, which will offer less communication, more economic value between technologically skilled buyers and sellers.

If cryptocurrency aspires to be an essential part of the existing financial system, it must meet very different financial, regulatory and social standards. It must be protected from hackers, consumer-friendly, and strictly protected to offer its fundamental benefit to the core monetary system. It should protect the anonymity of users, not being a wave of money laundering, tax evasion and internet fraud. Because they are mandatory for the digital system, it will take several years to understand whether cryptocurrency will be able to compete with the real world currency in full swing. Whether this is likely to happen, the success (or lack thereof) of cryptocurrency in meeting challenges will determine the fate of the monetary system in the coming days.

5 reasons why cryptocurrency is so popular

Cryptocurrency has been a hot topic around the world for the past few years. Most people are familiar with cryptocurrencies, especially bitcoin. In fact, bitcoin tops the list of cryptocurrencies. If you have no idea why cryptocurrency is so popular around the world, you are on the right page. In this article we are going to discuss 5 reasons why this new type of currency is so popular. Read on to find out more.

1. Low transaction fees

The low transaction fee is one of the main reasons why the cryptocurrency has grown over the last few years. No matter what type of payment method you use, you will have to pay a substantial transaction fee.

On the other hand, if you buy cryptocurrencies to make payments, you will have to pay the minimum transaction fees. Therefore, it makes sense to use this new currency to make online payments for your desired products or services.

2. There is no government regulation

Another good reason why many people trust cryptocurrencies is that they are not regulated by any government. Therefore, the value of the currency remains stable, regardless of the government of a particular country.

Also, some investors want to protect their wealth, which is why they invest in cryptocurrencies. In other words, cryptocurrencies are much more secure than regular currencies, which makes them quite attractive here and now.

3. Great profit potential

Another great reason why cryptocurrencies are an ideal choice is that they offer great potential for profit. If you buy bitcoin when prices are low, you can make a big profit when the price of bitcoin rises again.

Investors have made a lot of money over the last few years. So there is potential if you are interested in investing in your preferred cryptocurrency.

4. Easier to use

Over time, it becomes easier to use cryptocurrency. The reason is that many online companies are starting to accept payments through this type of currency. In the near future, almost every company will accept payments through popular cryptocurrencies.

As more and more people start using cryptocurrency around the world, it will be easier to buy the currency և make your payments online.

5. General security

Your money and your identity are paramount. Cyber ​​security is one of the biggest issues you can face today. Thus, using cryptocurrency to make online payments is much safer than regular payment methods.

So, if you are worried about making online payments, we suggest you try cryptocurrency. In other words, security is another great reason why people use cryptocurrencies.

In short, these are the 5 reasons why cryptocurrency is so popular all over the world. All you need to do is make sure you choose one of the best cryptocurrencies. It’s not a good idea to invest in hard-earned currency that has no growth potential.

4 tips to help you enjoy a successful Crypto Trading career

Today, if you want to make a lot of money with bitcoin, your best bet is to go trading instead of investing. All you need to do is buy և sell your coins ստանալ and make a small profit after each sale. If you are just starting out, you need to start from scratch, like everyone else. If you play the game well, you can make tons of money in no time. In this article, we have some tips that can help you enjoy a successful cryptocurrency trading career. Read on to find out more.

There are many things to consider if you are interested in making tons of money trading in bitcoin. It all depends on your experience և intelligence. Without further ado, let’s look at some tips that can help you make a lot of money և avoid common mistakes.

1. Know the risk first

This is one of the most common mistakes made by most traders. If you do not know the risk associated with this trade, you should not go on this adventure. If you do not know the challenges, you can lose a lot of money.

Before investing your hard earned money, you may want to consider the risk. So this is one of the most important things to consider.

2. Diversify your investments

When it comes to bitcoin trading, we recommend diversifying your investments. This applies to all types of investments. In other words, if you want to invest only in Bitcoin, you will be wrong. You also need to invest your money wisely in other cryptocurrencies.

This is possible if you want to be on the safe side եցնել reduce your losses և turn them into profits.

3. Be patient

Money does not grow on trees. All traders enter the world of cryptocurrency to make money. However, you can not make money right away when you get the cryptocurrency you want. And then there is no guarantee that you will continue to make a profit throughout your career. Therefore, you can prepare for this type of situation.

4. Do not be greedy

After all, you can stay away from greed, because this is your biggest enemy when it comes to cryptocurrency trading. As Bitcoin prices continue to fluctuate, you need to be patient. It’s not a good idea to be afraid of fluctuations և sell your coins right away. So if you do not have the patience, you can not succeed in your career as a trader.

Summary:

In short, these are some of the most helpful tips you can try if you want to succeed as a cryptocurrency trader. If you play the game well, you can make good money in a few years, if not months.

Integrative Business Planning – Complexity Management

Introduction:

Business planning is usually done when a business plan is needed for financing purposes or to use it as a guide to running or developing a business (as a start-up or future). In this planning process, many important features of the business need to be considered and balanced. Various options, problems and risks associated with these features will be considered.

Entrepreneurs often assume that one variable is linearly related to another (for example, spending $ x on marketing will generate $ y of sales revenue). However, business is rarely that simple. Many multifaceted relationships tend to have different characteristics. Sales, for example, will also be affected by product quality, price, and so on. On the other hand, sales will have an impact on future expansion. An integrated business planning process is needed to address this trend.

Key Business Planning Issues

Every business is different,’s potential issues do not necessarily arise in the other. However, it is important for business planners to make sure that they are analyzing and planning all the relevant features of their particular business. This usually includes issues that are highlighted below.

  • Business – It is possible to ensure that the opportunities, the business concept, the products, the services, the strategies, as well as the industry in which they operate, are sound.
  • Marketing – Marketing strategy should be considered. This includes aspects such as pricing and promotion.
  • Market research – This is a crucial issue that is often overlooked. You can know, understand customers, market size, trends, who the competitor is.
  • Development – All issues related to the development of new products, services, markets and opportunities need to be planned.
  • Operations – What to do, where և how to take into account all aspects.
  • Team – The management team must meet the requirements of the business. It would be better to establish what skills / jobs are needed and then connect people with them. Where skills are lacking, training programs can be implemented and new people can be hired. The composition of the board of directors, management teams, etc., should be planned.
  • Finance – Finances are the ultimate measure of business success, but it can not stand on its own. Potential financial problems usually involve investment, financing և dividend decisions և policy. It is also very possible to plan the turnover (sales), the margin of gross profit – the control of expenses (expenses). The relationship between these issues (financial ratios) requires further planning to determine if the business will be profitable, liquid and solvent. Return on Investment (ROI) կայուն Sustainable business growth, for example, must take into account specific aspects.
  • Risk Management – The various risks that arise must be identified, analyzed, and secured. Fatal shortcomings must be eliminated. Operational and financial risks can often be hedged. This will lead to certain costs և strategies such as production in different countries ք trading futures in different currencies և trading options.

Detailed business planning complexity

A brief overview of important issues to consider shows the complexity involved in business planning. If we just look at the financial issues, we will see that the price will affect the sale (turnover). The lower the price, the more physical the volume will usually be (unless the image requires a higher price). Turnover և total profit, however, do not have to be higher. There is usually a good balance between price, sales volume, turnover and “profit”.

To complicate matters further, turnover, costs and profits, as well as schedules, directly affect a company’s cash flow (a very important issue). This whole aspect is further complicated by investment (capital expenditures), financing (equity or debt?) Dividend decisions. Spending too much on the plant, owing too much և paying too much to shareholders will have a negative impact on the company’s sustainable business growth, which will reduce achievable goals. This scenario shows only some of the different aspects that need to be balanced in the broader financial sector.

Unfortunately, the complexity of the example does not stop with finances. Finances affect many other important aspects of business. On the other hand, many other important aspects affect finances as well as each other.

Financial decisions, for example, will have a direct impact on business growth (for example, geographic expansion և new product development), marketing costs և employment և development. All these issues will have such an impact on each other’s financial problems.

Integrative business planning approach

The general trend in business planning will be to solve each issue on your own, then simply adding the parts together and re-planning if something does not make sense. Business planning often starts with a certain amount of projected turnover և profit. Then everything goes backwards.

A much better option would be to have a business integration planning approach. To do this, you need the following steps:

  1. Identify all the potential features of your business.
  2. Determine the relationship between these salient features.
  3. Try to solve each trait, taking into account the victims and the consequences, taking into account other traits.
  4. Use “what-if” questions to create better complete solutions.

Summary:

The idea of ​​business planning is not to optimize one side of the business, to ignore or ignore some of the others. The various relationships (causes և consequences) must be ensured through integration. An obvious trait or relationship that is overlooked can jeopardize the entire business.

Copyright © 2008 By Wim Venter. ALL RIGHTS ARE PROTECTED.