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

Post a Comment

Popular posts from this blog

Ripple (XRP) vs Stellar Lumens (XLM)

Considerations when deciding between XRP and Stellar Lumens With strong financial backing and a long list of partners,  Ripple  has attracted plenty of attention not only in the cryptosphere but also across mainstream media. But any analysis of Ripple inevitably draws comparisons with  Stellar Lumens (XLM) , another crypto giant focused on offering fast, reliable and affordable global payments. There are plenty of similarities between Stellar and Ripple, but also a few key differences. Read on to find out how these two cryptocurrencies stack up against one another and decide which project is best placed for success. Disclaimer:  This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. XRP vs XLM: The breakdown XRP (XRP) XRP Stellar Lumens (XLM) Stellar Lumen Description XRP is designed to offer ...
2 comments
Read more

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 ...
Post a Comment
Read more