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Part Time Crypto Academy
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21 contributions to Part Time Crypto Academy
Jan 8 •Â
Lowest Cost an L3-Coin
Hi, it´s me again Let´s say you want to establish a coin for a city district. There is the cost of -a public leger -having it on an exchange -the actual mining Something else? It would have to build on a blockchain. How to word that? Public leger seems enough to me. A more important question would be; What is the cheapest coin to base geographic coins, or ... a community/business/project coin off of? This seems to be the major competition at present, and; The point would be to have -a public leger -surety that there is no "fungeness" ~ no undue inflation -swift transactions -a coin tied to a stable, real-world asset (?) If it´s not tied to anything familiar, that would make it _seem_ easy to manipulate. How to ensure that (customer) trust - of being stable, and how to communicate that stability if there is not a coin that is "as good as gold" in people´s minds - I´m sure most people would think of gold immediately, and not a crypto coin. The baseline is, with these challenges in mind, what would be the lowest cost of an L3-coin? I read about Ethena, a contender for "Internet-money". In 5 years, we _will_ have something like that, right (?), but what would be the cost? Yours truly
1 like • Jan 15
@Audun Nilsen here's my take : - Crypto Index Idea: Create a platform that ranks cryptos based on encryption, distribution, engagement, and business character. - Psychology’s Role: Focus on the human side—how people engage with and perceive different coins. - Simplifying Complexity: Make crypto more accessible by simplifying the tech and organizational aspects. - Edge Over Corporates: Be early in offering user-friendly, information-rich platforms that bridge gaps for everyday users. - Trust and Adoption: Build credibility, gain trust, and educate users to move beyond the “techie” crowd. - Next Steps: Focus on market research, partnerships, and sustainability to differentiate your platform.
0 likes • Jan 20
@Audun Nilsen You're right. Gathering the right data is essential for making informed bids. Standalone cryptocurrencies, as you mentioned, offer unique opportunities. Staying on top of crypto news can definitely help us pinpoint key players and trends. I’d also recommend following dedicated crypto platforms like CoinDesk or CoinTelegraph, as they often highlight emerging projects.
Jan 6 •Â
Layer 3
Hi What do you think about layer 2? I am a newcomer, but I´m a techie, and sense a lot of nonsense in Layer 2, and that maybe 90% of it will be gone in 10 years? What cryptos do you know that are tied to specific projects/communities ? Yours truly Audun H. Nilsen
1 like • Jan 13
Hey Audun, I totally get where you're coming from with Layer 2. These solutions like Polygon, Optimism, and Arbitrum are meant to scale blockchains, but if Layer 1s like Ethereum 2.0 evolve enough, many Layer 2 projects might fade over time—so it makes sense you think a lot won’t last in the long run. As for crypto tied to specific projects, here are some that come to mind: - Filecoin (FIL): Decentralized storage. - Helium (HNT): Decentralized wireless network. - Chiliz (CHZ): Fan tokens for sports. - Steemit (STEEM): Social media platform rewards. You're in an exciting space right now, and I’m sure you'll pick up a lot more as you dive deeper into it. Let me know if you want to explore more about these or anything else!
0 likes • Jan 14
@Audun Nilsen Absolutely! Bitcoin’s tech is perfect for bringing order to areas like commodities and data. A list like you suggested could really streamline the chaos.
Dec '24 •Â
Greetings
Hello I am Amanda bailey a Copy trader and grant writer I am super honoured to be part of this community if you ever need guidance on your Crypto Journey am always open for conversation
1 like • Jan 3
Hi Amanda, it’s great to meet you! Thank you for introducing yourself, and I appreciate your willingness to share your crypto insights. If I ever have questions about crypto or anything else, I’ll definitely reach out! How has your experience been in copy trading and grant writing?
1 like • Jan 3
@Amanda Bailey Nice to meet you too! It’s awesome to hear about your experiences. I got into crypto out of curiosity and a passion for exploring new opportunities. It’s been a fascinating journey so far! What’s your main focus in the crypto space?
Dec '24 •Â
What's something you feel you lack in regards to crypto knowledge?
I want to make sure this community is truly helping you on your crypto journey. Whether you’re just starting out or have been in the game for a while, there’s always more to learn! So, what’s one thing you feel you’re missing when it comes to crypto knowledge? 🤔 It could be: - Understanding blockchain basics - Navigating wallets and exchanges - Learning how to spot scams - Exploring DeFi, NFTs, or specific crypto projects Your feedback helps us create resources, discussions, and courses that truly meet your needs. Drop your thoughts in the comments! Let’s learn and grow together. 💬
1 like • Jan 3
What a thoughtful approach, It’s awesome that you’re creating a space to help others on their crypto journey. For me, personally, I’ve been thinking a lot about wallets and exchanges lately. There’s just so much to consider, especially when it comes to security. With so many platforms out there, it can be a bit overwhelming trying to choose the right one and making sure I’m handling my assets safely. I definitely want to get more comfortable with the ins and outs of this. I’m also really curious about DeFi (Decentralized Finance). It’s so exciting to think about how it's changing the game and challenging traditional finance. I’d love to learn more about how I can dive in and make the most of these opportunities while understanding how they work in the bigger picture. I’d love to hear more from you on these topics if you have insights to share!
Dec '24 •Â
Exploring opportunities to dive into investing and trading.
Seeking guidance on entering the stock market with an initial budget of $250. I’d appreciate recommendations on where to allocate my funds and any advice for a beginner. Thank you in advance!
0 likes • Jan 3
With a $250 budget, I’d recommend starting with diversified options like index funds or ETFs (especially ones tracking the S&P 500). They spread out risk and are a solid choice for beginners. If you're interested in specific stocks, look into fractional shares to invest in pricier companies without needing a large budget. Consider using robo-advisors if you prefer a hands-off approach or think about dividend stocks for long-term, regular payouts. Also, dollar-cost averaging (DCA) -- investing small amounts over time can help reduce risk. Lastly, remember to be patient and do your research before jumping in. Hope that helps, and let me know if you need more advice!
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@muhammad-afraz-sehole-5190
Exploring the world of cryptocurrency trading with curiosity and ambition.
Active 44d ago
Joined Dec 5, 2024
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