Leo Magazine #2: Week 48 - JP Morgan, Binance, Emergency fund, Ronaldo NFT, Metaverse, Money management, SBF and more!

in LeoFinance2 years ago (edited)

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Hi friends, you are all welcome to this important publication that will showcase great crypto, money and finance articles published on Leo Finance community in the last 7 days. I am optimistic you will enjoy these beautiful pieces and no doubt add to what you already know after going through them. My name is Charles, and I am your tour guide today. Lets begin!!!

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Published 7 days ago

Learning how to manage money is as important as owning it

We start with this great article by @josediccus about developing our ability to manage money well. Its so important for everyone, but especially for people that got wealthy instantly. According to the article, self development and personal growth have a direct like with how we manage money. And learning about how to manage money is an ongoing journey for everyone, but you can start from somewhere. Click the link below to learn how:

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JP Morgan pushes to own a crypto wallet

JP Morgan is a popular financial institution in the US. In this article @tanzil2024 explained what a crypto wallet is and announced the move by JP Morgan to own its crypto wallet. With so much negative things happening in the crypto space recently, this move by JP Morgan will bring a lot of positivity. Also, there is something said in the G-20 meeting about regulating cryptos, which you would like to read. Click the link below for details:

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Published 6 days ago

BSC is overtaking Ethereum as the most popular smart contract blockchain

Enthereum and Binance Smart Chain are the two competing and most popular first layer smart contract blockchains. In this post, @dalz looks at the figures and stats indicating that BSC is having an upper hand over Ethereum in 2022.For example BSC has more than 1m active wallets, but Ethereum has far less. See all the numbers in this post below:

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Ronaldo promotes binance through his NFT, still DYOR!

@gadrian brought us to this topic again of superstars or influencers promoting crypto projects. This time, the two parties are already popular - Cristiano Ronaldo and Binance. But then, is Ronaldo fully aware of what he is promoting? Should we be influenced by such superstar branding/marketing? Find out below:

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Published 5 days ago

Keep something away for the rainy day

Few people think about or even hold something called emergency fund. But in this writeup, @rezoanulvibes explained what an emergency fund is and why it is important. Should you invest your emergency fund in crypto? Find out in this article:

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A bear market will always come and go

Survival a bear market is not always easy, but it is something you can do. According to @gamsam, one of the things that will help is to look into the future as regards your investments - invest long-term. There are 4 other things that you can do to survive a bear market. Check out this article below:

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Published 4 days ago

Blockchain interoperability will drive ecosystems growth

@young-kedar discusses how traditional data systems today manage to transmit data across platforms, although with a lot of challenges. Blockchains will drive the development of future platforms as it enables them to communicate and transmit data without hiccups. Why will this be a growth driver for blockchain technology? Find out in this article

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Invest in projects with Multisignature wallets

@howzat in this post introduces us to multisignature wallets. For one thing, this kind of wallet increases the security of your assets, especially when the funds are owned or should be controlled by more than one person. Learn how this kind of wallet work in this post below:

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Published 3 days ago

Too much of everything is not right - including investing in crypto

Does your mood change when you discover that the price of your asset has gone down? Do you spend many sleepless nights watching over your cryptos? Maybe you have or have not invested too much in crypto. See how to find out if you have crossed the investment boundary in this article by @johnwege.

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Massive layoffs. bear market made it tough for crypto employees

@alokkumar121 brought us the news that Kraken has dismissed more than 1000 employees. Is the world facing another recession? Or will the next bull run make things better? Read this article and find out.

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Published 2 days ago

Metaverse - everything you need to know about virtual worlds

Decentraland and Sandbox has made metaverse popular, but many are still foreign to this blockchain technology. @jamilshah555 takes a deep look at metaverse and answers frequently asked questions - such as what one can do in a metaverse. Read more below

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Sam Bankman-Fried knows much more than he would have us believe

SBF has granted interviews and media publicity that made the collapse of FTX look like a normal crypto attack. But @belemo thinks that SBF is a conscious criminal, unlike the novice he is presenting himself to be. Here is why @belemo thinks so:

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Published 24 hours ago

Do not make mistakes when investing in crypto

@pitboy gives a comprehensive guide that should be considered by everyone intending to invest in crypto. Having all the relevant, updated information about your investment portfolio is as important as setting investment goals. But thats not all. Check this article:

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Do the right things and avoid loosing money

@humbe shares with us some really great tips that will save your assets from crashing with the crypto market. If you hold many assets, they will not all crash at once. And how about putting all your eggs in one basket? See how it applies to cryptos in this article:

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Conclusion

You will certainly find many great articles on money, crypto and finance in Leo Finance community. However the above articles I selected without bias, will really make for great reading. Please find time to go through them and if possible, engage with the authors.

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I found interest on @rezoanulvibes post, honestly it is very important to save for emergency because no one knows tomorrow, who could have known the Ukraine and Russian citizens will be facing war now, who could have imagined that some part of Nigeria would have lost their means of living to heavy flood, tomorrow is no guaranteed so let's save for emergency. Thank you @fokusnow you did a very comprehensive summary and all the articles are Worth reading.

You are actually right. Emergencies come unannounced and no one knows tomorrow. So its a course of wisdom to prepare and have some funds set aside just in case.

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Thanks for mentioning my post, I had no idea it stuck.

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Sure. Really enjoyed the article. Wish more persons will see it. Money management skills are lacking in society today - particularly in the crypto space.

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Click on the badge to view your board. Click [here](https://hivebuzz.me/rankingWC) to check your ranking.Well done @fokusnow! You successfully guessed the match result and unlocked your badge!

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Congrats, keep going like this @fokusnow 😉 Have a nice day!

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@fokusnow The summary of every thing on this post is worth to read and learn from. Especially @rezoanulvibes honestly is really good to save cause nobody knows what tomorrow will bring.

I'm very much interested on the very first post. To avoid debt, one have to be careful with the spending. I really appreciate.

Wow @fokusnow, you've choosen and highlighted super enlightening topics bothering humankind on finance

Was particularly interested in publication number 5 where @gamsam explained the need to save up for emergency situations

You don't need to look at other people and what they are doing. You should pay attention to yourself, your income, expenses, investment, and financial situation. Find out how much money you usually spend every month

Yeah,we shouldn't let other people's decisions or lifestyle influence us, we need to live a budgeted life in case of unexpected emergency happenings


Your support for the current HiveSQL proposal (#138) is much appreciated but the proposal will expire soon!
May I ask you to review and support the new proposal so HiveSQL can stay free to use for the community?
You can support the new proposal (#247) on Peakd, Ecency, or using HiveSigner.

Thank you!Dear @fokusnow,

Hive.blog / https://wallet.hive.blog/proposals

I have reviewed and supported the new proposal. @arcange


Without imposing and as we are in a renewal period for proposals, if you could take a look at the HiveBuzz Proposal Renewal as well 😁

Thank you for your support @fokusnow, really appreciate it! 👍

Managing money is of great importance, its very wrong to rely on only one means to earn income, thanks for the reminder not putting all your eggs in one basket @fokusnow

Nice post keep it up. Thank You very much for giving us a comprehensive guide informations, ability to manage money very well.