Most people focus TOO MUCH on the goal of making money when they're just starting their #crypto #trading and #investing journey.
They forget that to reach profitability, one must learn and INTERNALIZE first the ins and outs of the markets.

It is much better to FOCUS on the PROCESS first.
Back-testing your edge, journaling your trades, having systems for your emotions, etc.

MASTERY = 10,000+ hrs of deliberate mindful practice.

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Crypto investing is the place to be!!!
Big government Socialism bailing out regional banks. US Federal Reserve Bank stating it will protect the US banking system with bailouts for over risked regional banks. Elephant. Money, basically a bank in the cryptosphere, sounding better and better every day!!!. Get a bag SoMeeites!!! Onward!!! :)

Late last month, the Biden admin committed to investing more in floating wind turbines. That hasn’t deterred opponents from creating an online petition to stop offshore activity in New Jersey. 

How do crypto projects make money?
⠀
Blockchain projects have become a radically new "business model" that has enormous potential to change any industry. And for the investors attracted to the projects, it is the potential that will later be realized in the form of profit that is an important factor when investing funds. The question arises: thanks to what do cryptoprojects generate income?

Mechanism for receiving and distributing blockchain funds (using Ethereum as an example):
Ethereum, like most other blockchains, consists of a network of validators, smart contracts, and users. When a user interacts with the network, they pay a transaction fee, also known as a "gas fee." A fee, a certain portion of which is "burned off" and another portion is given to the validators.

Common metrics for most projects when calculating the financial part:

Fees (gas fees): these are fees that users pay for using a protocol or network (gas fees in Ethereum, transaction fees in Uniswap, etc.). The fees are distributed as follows:

- A portion is given to validators who help run the network (validators on Ethereum, liquidity providers on Uniswap, etc.).
- Some of the money goes back to the token holders (often through token burns).
- Another type of expense is the creation of new tokens, which are created and paid to validators or miners.

But if we look at projects like CEX/DEX, the list of revenue sources can add:
- listing fees;
- withdrawal fees;
- market making possibilities.

What kind of product do blockchains create?

The product of any blockchain is the individual blocks in which transaction data is stored. If you want to complete a transaction, you need to buy space on the next block in the chain.

Let's take bitcoin as an example. Bitcoin has a memory capacity of 1 MB per block. There are 500 to 2,000 transactions per block, with a minimum storage size of 258 bytes. And in order to make a bitcoin transaction, you buy a block in its blockchain.

Ethereum, on the other hand, has smaller blocks - up to 80 KB. Depending on its complexity, its block can store from 2 to 200 transactions. Ethereum is much faster: in 10 minutes it carries out 4 MB of transactions, while Bitcoin has only 1 MB. More transactions per hour = more revenue (i.e. commissions).

In our new infographic you can see the ranking of projects by the amount of fees.

Is Investing in BITCOIN Now a GOOD IDEA?

In #crypto #trading or #investing, 80% is really PSYCHOLOGY and 20% is the system/edge. Huge part of the reason why so little survive and thrive in the markets is because the most of the basic fundamentals of it are --- Counter-intuitive.

When price is down, FEAR can take over.
When the price is up, GREED takes over.

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The Future of AI and its Impact on the Tech Industry

Artificial intelligence (AI) is one of the most transformative technologies of our time. It has the potential to revolutionize the way we live, work, and interact with the world around us. As AI continues to evolve and mature, it is becoming increasingly clear that its impact on the tech industry will be profound.

One of the key areas where AI is making a big impact is in the field of automation. AI-powered automation is already being used in a wide range of industries, from manufacturing to healthcare. By automating repetitive tasks and freeing up human workers to focus on more complex and creative work, AI is helping companies to be more efficient and productive.

Another area where AI is having a big impact is in the development of new products and services. AI-powered systems can analyze vast amounts of data and generate insights that would be impossible for humans to uncover on their own. This is helping companies to develop products and services that are more personalized and tailored to the needs of individual users.

However, as with any transformative technology, AI also presents challenges and risks. One of the biggest challenges is ensuring that AI is used ethically and responsibly. There is a risk that AI-powered systems could be used to perpetuate bias and discrimination, or to infringe on individuals' privacy and rights.

To address these challenges, it is important for the tech industry to take a proactive approach to the development and deployment of AI. This means investing in research and development to create AI systems that are transparent, explainable, and ethical. It also means engaging with stakeholders to ensure that AI is used in ways that are beneficial to society as a whole.

In conclusion, AI is a transformative technology that is already having a big impact on the tech industry. By embracing the potential of AI while also addressing the challenges and risks, we can create a future that is both innovative and responsible. As we continue to explore the possibilities of AI, SoMee's decentralized platform offers a unique opportunity for individuals and organizations to connect, collaborate, and create value in this exciting new era of technology.

K:
okay well, How to efficiently build a passive income?
************************************************************
C-GPT:
Certainly! Building a passive income stream can be a great way to generate extra money without having to actively work for it. Here's a step-by-step guide to building a passive income:

Step 1:
Define your goals
Before you start building a passive income, it's important to define your goals. Determine how much money you want to generate each month or year, and how long you're willing to wait to achieve your goals. Having a clear understanding of your objectives will help you stay motivated and focused on your passive income journey.

Step 2:
Identify passive income opportunities
There are several ways to generate passive income, including:

*Rental properties: Owning rental properties can provide steady rental income.

*Dividend stocks: Investing in dividend-paying stocks can provide regular income.

*Real estate crowdfunding: Crowdfunding platforms allow you to invest in real estate projects and earn passive income from rental income and capital appreciation.

*Peer-to-peer lending: Lending platforms allow you to lend money to borrowers and earn interest income.

*Create digital products: Create and sell digital products like eBooks, courses, and software.

*Affiliate marketing: Promote products or services and earn a commission on sales.

Step 3:
Choose your passive income opportunity
Once you've identified passive income opportunities, choose the one that aligns with your goals, risk tolerance, and skills. Research the opportunity thoroughly and understand the potential risks and returns.

Step 4:
Set up your passive income stream
Setting up your passive income stream will depend on the opportunity you've chosen.
*For rental properties, you'll need to find and purchase a property, set up a lease, and manage the property.
*For dividend stocks, you'll need to open a brokerage account and purchase dividend-paying stocks.
*For digital products, you'll need to create and market your product.

Step 5:
Monitor and optimize your income stream
Once your passive income stream is set up, monitor it regularly to ensure it's performing as expected. Optimize your income stream by making adjustments as needed, such as adjusting rental rates or investing in different stocks.

Step 6:
Diversify your income streams
Diversifying your income streams can help mitigate risk and provide a more stable income. Consider adding additional passive income streams over time to increase your income and reduce your dependence on one source.

In summary, building a passive income stream takes time and effort, but it can be a great way to generate extra income. By defining your goals, identifying opportunities, setting up your income stream, monitoring and optimizing it, and diversifying your income streams, you can build a successful passive income portfolio.

If time is an arbitrary concept (& IF TIME IS MONEY) (& time is also space) then all three are arbitrary concepts......

Oh well, how will I get the most money?
*************************************************************
C-GPT:
The concept that time is money implies that every moment of time has value, just like every dollar you earn. However, the relationship between time and money is not always straightforward, and there is no guaranteed way to maximize your earnings.

Here are a few suggestions that may help you make the most of your time and potentially earn more money:

1. Set specific financial goals: Before you start working, identify your financial goals and set a plan to achieve them. This will help you prioritize your time and focus on activities that will bring you closer to your objectives.

2. Invest in yourself: Enhancing your skills and knowledge can increase your value in the job market and lead to higher-paying opportunities. Consider taking courses, attending workshops, or pursuing a degree to improve your marketability.

3. Manage your time efficiently: Time management is crucial to make the most of your day and increase your productivity. Create a schedule, prioritize tasks, and eliminate distractions to accomplish more in less time.

4. Pursue multiple income streams: Instead of relying on one source of income, consider diversifying your earnings by taking on additional jobs or starting a side business. This can help you generate more money and provide a safety net if one income stream dries up.

5. Seek higher-paying opportunities: Research industries and job markets that pay well and match your skills and experience. Negotiate your salary, and don't be afraid to ask for more money if you believe you are worth it.

Remember, maximizing your earnings is not just about making more money but also about using your time effectively and efficiently. By setting goals, investing in yourself, managing your time, diversifying your income streams, and seeking higher-paying opportunities, you can increase your chances of achieving financial success.

***************************************************************

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CryptoAI (CAI) is a cutting-edge technology that combines the power of artificial intelligence and blockchain technology to revolutionize the world of finance. CAI has the potential to disrupt traditional finance by providing a more efficient and secure way of managing financial transactions.

CAI is an AI-powered investment platform that uses machine learning algorithms to analyze market data and make investment decisions. The platform is designed to help investors make informed investment decisions by providing real-time market analysis, risk management, and investment recommendations.

One of the main advantages of CAI is its ability to process vast amounts of data in real-time. The platform uses machine learning algorithms to analyze market trends, news, social media sentiment, and other factors that may affect the performance of an investment. This allows investors to make informed decisions based on data-driven insights, rather than relying on gut instincts or emotions.

Another advantage of CAI is its use of blockchain technology. Blockchain is a distributed ledger that allows for secure and transparent transactions without the need for intermediaries such as banks or financial institutions. CAI uses blockchain to store transaction data and ensure that all transactions are secure and transparent.

CAI is also designed to provide risk management tools to investors. The platform uses machine learning algorithms to analyze investment portfolios and identify potential risks. This allows investors to manage their risks and minimize potential losses.

CAI is not just for professional investors, it is also accessible to retail investors. The platform is designed to be user-friendly, making it easy for anyone to use. This makes it an excellent tool for individuals who are new to investing and are looking for a more efficient and secure way to manage their investments.

In conclusion, CryptoAI (CAI) is a game-changer in the world of finance. By combining the power of artificial intelligence and blockchain technology, CAI has the potential to disrupt traditional finance and provide a more efficient and secure way of managing financial transactions. The platform is designed to help investors make informed investment decisions, manage risks, and maximize their returns. With its user-friendly interface, CAI is an excellent tool for both professional and retail investors. As more people discover the benefits of CAI, we can expect to see a shift towards a more data-driven and secure way of managing financial transactions.

ryptoAI (CAI) is a cutting-edge technology that combines the power of artificial intelligence and blockchain technology to revolutionize the world of finance. CAI has the potential to disrupt traditional finance by providing a more efficient and secure way of managing financial transactions.<br />
<br />
CAI is an AI-powered investment platform that uses machine learning algorithms to analyze market data and make investment decisions. The platform is designed to help investors make informed investment decisions by providing real-time market analysis, risk management, and investment recommendations.<br />
<br />
One of the main advantages of CAI is its ability to process vast amounts of data in real-time. The platform uses machine learning algorithms to analyze market trends, news, social media sentiment, and other factors that may affect the performance of an investment. This allows investors to make informed decisions based on data-driven insights, rather than relying on gut instincts or emotions.<br />
<br />
Another advantage of CAI is its use of blockchain technology. Blockchain is a distributed ledger that allows for secure and transparent transactions without the need for intermediaries such as banks or financial institutions. CAI uses blockchain to store transaction data and ensure that all transactions are secure and transparent.<br />
<br />
CAI is also designed to provide risk management tools to investors. The platform uses machine learning algorithms to analyze investment portfolios and identify potential risks. This allows investors to manage their risks and minimize potential losses.<br />
<br />
CAI is not just for professional investors, it is also accessible to retail investors. The platform is designed to be user-friendly, making it easy for anyone to use. This makes it an excellent tool for individuals who are new to investing and are looking for a more efficient and secure way to manage their investments.<br />
<br />
In conclusion, CryptoAI (CAI) is a game-changer in the world of finance. By combining the power of artificial intelligence and blockchain technology, CAI has the potential to disrupt traditional finance and provide a more efficient and secure way of managing financial transactions. The platform is designed to help investors make informed investment decisions, manage risks, and maximize their returns. With its user-friendly interface, CAI is an excellent tool for both professional and retail investors. As more people discover the benefits of CAI, we can expect to see a shift towards a more data-driven and secure way of managing financial transactions.<br/>ryptoAI (CAI) is a cutting-edge technology that combines the power of artificial intellige

Unidef is a decentralized finance (DeFi) cryptocurrency that was created to address some of the issues and limitations of other DeFi projects. Unidef aims to provide users with a more fair and equitable platform that is accessible to everyone.

One of the main features of Unidef is its use of a decentralized liquidity pool. This pool is created by users who contribute funds to the platform, and it is used to provide liquidity for trading and other activities. This helps to ensure that there is always enough liquidity available for users, and it also helps to reduce the risk of market manipulation.

Another key feature of Unidef is its focus on community and collaboration. The project is designed to be completely open and transparent, and anyone can contribute to its development and growth. This helps to ensure that the platform is constantly evolving and improving, and it also helps to create a strong and engaged community of users.

In addition to these features, Unidef also offers a number of other benefits for users. For example, it is designed to be fast and efficient, with low transaction fees and high transaction speeds. It is also highly secure, with advanced encryption and other security measures to protect users' funds and data.

Overall, Unidef is an exciting new cryptocurrency project that offers a range of benefits for users. Whether you are interested in trading, investing, or simply learning more about the world of DeFi, Unidef is definitely worth checking out.

Let's talk about Launchpads in Cryptospace, as we know that launchpads have become a popular way for cryptocurrency projects to raise funds and gain exposure in the crypto community. Here are some pros and cons of launchpads in crypto:

Pros:

Access to early-stage projects: Launchpads provide investors with access to early-stage projects that are not yet listed on major exchanges. This can potentially lead to significant gains if the project is successful.

Token incentives: Launchpads often offer token incentives to investors who participate in the sale. These tokens can be used to access project features or as a means of payment within the project ecosystem.

Community building: Launchpads can help build a community around a project by bringing together early investors and supporters. This can create a network effect that can drive adoption and growth.

Reduced risk: Launchpads can help reduce the risk of investing in new projects by providing due diligence and security measures, such as audits and KYC/AML checks.

Cons:

High competition: Launchpads have become increasingly popular, which means that investors must compete for allocation in the sale. This can lead to high gas fees and difficulty in participating.

Uncertainty: Investing in early-stage projects can be risky and unpredictable. There is no guarantee that the project will succeed, and investors may lose their entire investment.

Centralization: Some launchpads are centralized, which means that the process of selecting projects and determining token allocations is controlled by a small group of individuals or organizations.

Limited liquidity: Tokens purchased through launchpads may not be immediately available for trading on major exchanges, which can limit liquidity and make it difficult to exit positions.

Launchpads can provide a unique opportunity for investors to gain early access to promising projects. However, investors must weigh the potential benefits against the risks and drawbacks before participating in a sale.

Top Launchpads based on google:
#1. FireStarter: IDO Launchpads For Metaverse Platforms.
#2. BSCPad: First Decentralized IDO Platform On Binance
#3. GameFi: Best IDO Launchpad For Best ROI.
#4. Seedify: Decentralized Launchpad On Blockchain.
#5. TrustPad: Safest Multi-Chain IDO Launchpad.
#6. DAO Maker: Successful DAO Pad.
#7. Bounce: De-Fi IDO Project.
#8. PAID Network.
#9. Starpunk
#10. Red Kite.

PSYCHOLOGY and MINDSET is very important in #crypto #trading and #investing.
Master your emotions, start being profitable.

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