DCA In Bear Market,Real value of web3 micropayments, The Anodyne and Nocuous Exertions of Crypto Whales, Benefits of financial literacy and education & This Is Why Bitcoin Will Survive>>> Leofinance Curation

@HODLCommunity presents to you the 290th LeoFinance Curation Post

We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.

We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.

Our goal is to support content creators and generate qualitative interactions between LeoFinance users.

We will set a 5% beneficiary for every author selected in this curation report.

So Lions 🐯, let's roll !

That's why dollar cost average (DCA) is needed in bear markets. by @kawsar8035

Dollar Cost Averaging (DCA) is one of the most important steps for bear markets. Dollar cost averaging is the smartest thing to do to protect yourself from bear markets and profit. Without it you will face huge losses. The current bear market is palpable. For example, the price of each token is very low at present, and if the price of BTC goes down a little more, then the price of altcoins will go down even more. As a result, there will be no choice but to sit for a long time or face great losses, which will become a reason for our emotional sentiments.

Real value of web3 micropayments in the digital economy by @fokusnow

Introduction
If you have ever purchased something online, you would have noticed that almost every ecommerce platform has a minimum order amount. Each person placing an order must buy something worth that minimum amount, otherwise they are not allowed to complete the transaction. There are many reasons for this, but one of the most common reasons is that the amounts are too small to charge transaction fees by the payment gateways. So its not profitable for them.

The Anodyne and Nocuous Exertions of Crypto Whales. by @davchi2

Majority of the crypto whales who have been spotted as public figures in the invention include: Brain Armstrong the CEO of Coinbase with net worth of $3.1b, this is according to google, Michael J. Saylor the executive chairman of Microstrategy with about 17,732 BTC which is about $175m, this is according to Coinex. Next is Barry Silbert who manages about $28b BTC in his Digital Currency Group, it was also speculated that he started buying BTC from 2012 and this is according to Coinex also.

Benefits of financial literacy and education by @lilolns19

The playfield of finance in society is large hence anchoring Its necessity in the provision of our basic needs. Public, corporate and personal finances being the three elementary fields of it, we will be dueling on its personal channel. It's arguably a necessity to outlive and a factor in how we manage our incomes which is no surprise. Nowadays, everyone talks about being financially abundant but not everyone is good at managing funds to begin with. In fact, some of us are reputable in squandering it. It's crucial to have an increased knowledge of how to handle things better.

This Is Why Bitcoin Will Survive by @johnwege

Recently I wrote an article about how Bitcoin has a leader problem. Because it is so decentralized, this means that it takes much longer to upgrade, get anything done, and do everything we can to move toward gaining mainstream adoption. If Bitcoin had a leader, maybe we would be able to agree on Bitcoin’s roadmap. Should it increase blocksize, and focus on scaling on the Layer 1 blockchain? Should it focus on adding smart contract capabilities, NFTs, and even gaming? Other blockchains such as Ethereum have a prominent lead who everyone listens to for their input and shapes the future of their blockchain. Since Satoshi Nakamoto mysteriously left the Bitcoin project, we have been left to figure it out for ourselves.

This post is created by @readthisplease to curate quality content on LeoFinance.

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Posted Using LeoFinance Alpha

Posted Using LeoFinance Alpha