Skip to main content

INVESMENT OPTIONS IN THE DIGITAL ASSETS/CRYPTOCURRENCY SPACE - Part 1


• SMART CONTRACTS; Ethereum, waves, ontology, algorand, cosmos, polkadot, cardano etc.

• TOKENS; xlm, xrp, Bitcoin Cash(BCH), etc

• DEFIS; Terra, Nexo, USDN, DAI,
• Stable Coin and Algorithmic Stable coins; USDT, USDC, USDN, etc.

KEY CONSIDERATIONS IN MAKING A CHOICE

• Asset Fundamentals
• Rate of adoption
• Products and services • Partnerships
• Incentives

TYPES OF INVESTMENT OPTIONS

  • Passive income. Example, DAI, USDN, Waves, Ethereum, Nexo, Terra, Sia etc

  • Buy and Hold aka Hodler: Bitcoin, Ethereum, Litecoin, XLM, XRP etc

  • Trading (Scalping, swing, day and Position Trades). Bitcoin,Litcoin,

    Ethereum, BCH, etc

  • Loans: Nexo etc

TYPES OF INVESMENT – PASSIVE INCOME

• PASSIVE INCOME: Algorithmic stable coins can provide daily in system referred to as Decentralized Finance Eco system (DEFIs).

Examples;

USDN implement a typical CBN policy for T-bills and Bonds. By implement such monetary policy, investors are presented with a very simple, easy way to invest and make daily rewards on their capital.

BENEFITS OF DEFIs OVER CEFIs

  • Interest are paid daily.

  • Completely anonymous an decentralized

  • Account can be closed at any given time ‘t’ with accrued interest.

  • No need for form registrations and approval

  • It is 100% Personal.

  • Higher percentage yields thank traditional investment instruments such as Tbills, Bonds, mutual funds etc.

BENEFITS OF DEFIs OVER CEFIs

• Capital preservation against market volatility • Capital preservation against naira devaluation • 99% safe against DDOs attacks and Hacks.



By Prinewill Ibrahim

Comments

Popular posts from this blog

Petro – The First National Cryptocurrency

World governments are slowly realizing that cryptocurrencies have come to stay. They are being discussed in   G20 meetings , the United States has been taking every necessary measure in order to regulate and tax cryptocurrencies and, late last year, we even saw the   first regulated ICO   in Canada. It seems progression is being made towards adoption and there are already plans to create the first ever national cryptocurrency. Dubai, the largest and most wealthy city in the United Arab Emirates (UAE), has   plans for issuing emCash , a cryptocurrency that would have become the first ever to be backed by a state or government. However, it seems they were beaten by the punch… El Petro Venezuela will become the first country to have its own national cryptocurrency, the Petro (PTR). The project is backed the president Nicolas Maduro and, according to the   whitepaper , the original idea came from the previous president, Hugo Chavez. He wanted a “strong cur...

DECENTRALIZED FINANCE; WHAT IS IT? – Part 1

      More than t en years gone down the lane, the block chain industry is yet to disappoint with it ever changing nature. Since the early adoption, the industry has since recorded a slow but progressive changes with the latest being the Decentralized Finance also referred to as Defi. What Decentralized Finance? ‘’DeFi is essentially just conventional financial tools built on a blockchain’’-blocknomi. These were previously built on the Ethereum network, but there is a growing number of players in this space such as Waves and Cosmos. ‘’ They are mostly predicated on open-source protocols or modular frameworks for creating and issuing digital assets and are designed to confer notable advantages of operating on a public blockchain like censorship-resistance and improved access to financial services’’ Example of a growing number of Defi Dapps on the waves platform is the Neutrino token - https://beta.neutrino.at/neutrino/usd-n ...