Stocks Vs. Cryptocurrency by Connor Jeffreys https://padlet.com/connorjeffreys0/p0ox615p2u57 Made with big dreams en-us 2020-03-22 19:44:30 UTC 2026-01-03 08:36:14 UTC hello@padlet.com https://padlet.net/icons/png/1f4b8.png Picture #1 Cryptocurrency connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470007696 Bitcoin, among other cryptocurrencies have been rising in popularity. People trade it like stocks because it holds monetary value. It can also be collected by people if they offer up their computer(s)'s processing power for a period of time, more on this later.]]> 2020-03-22 19:51:36 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470007696 Picture #2 Stocks connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470008019 For decades, stocks have been a reliable method of making passive income by investing. If the economy is growing, well-known, well-traded stocks will increase in value. Conversely, when the economy is bad, or if a natural disaster occurs, the stocks will decrease in value.]]> 2020-03-22 19:51:58 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470008019 Video #1 Simpson Bitcoin Meme connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470014812 In this video, Homer (guy on the skateboard) represents the market trends of the most well-known cryptocurrency, Bitcoin. Just like stocks, cryptocurrency will have bear times and bull times. This means that they will go up and down in price/unit. ]]> 2020-03-22 19:59:37 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470014812 Cryptocurrency Vs. Stocks by Connor Jeffreys connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470022846 Hi, my name is Connor Jeffreys and I will be explaining how to get into obtaining cryptocurrency and/or stocks. The information I provide will also mention the risks and benefits of both. 
The URLs will be cited at the very end of this padlet.]]> 2020-03-22 20:07:57 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470022846 Video #2 Current Stock Market connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470048105 Warren Buffet is the man on the right in this interview; he is one of the richest men in the world and one of the most well-known investors. In this interview he is talking about the coronavirus’ implications in the stock market. ]]> 2020-03-22 20:36:53 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470048105 connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470068069 It is important to note that cryptocurrency is obtainable by anyone with an operating computer, and this impacts their price; the better the graphics card a computer has, the more cryptocurrency can be generated a day. This works by allowing your computer to run a program that processes information, the amount of information your computer can process a day is equal to the amount of cryptocurrency generated.

]]> 2020-03-22 20:59:29 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470068069 connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470078779 At the beginning of the conversation, the interviewer mentions Delta Airlines. Airlines like Delta and Air Canada suffer the most during these times. The operating costs are the same with, or without all the passengers on board. Due to this, most airlines go bankrupt during times like this, and their stock prices reach 0$.

]]> 2020-03-22 21:12:10 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470078779 Citations for websites connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470082135 Bitcoin picture https://www.google.com/url?sa=i&url=https%3A%2F%2Finsights.dice.com%2F2018%2F11%2F21%2Fcryptocurrency-trouble-blockchain-fine%2F&psig=AOvVaw0fpDW146cdTMuOo_mjdDSh&ust=1584993023218000&source=images&cd=vfe&ved=0CAMQjB1qFwoTCMDqlantrugCFQAAAAAdAAAAABAD

stock picture https://www.google.com/url?sa=i&url=https%3A%2F%2Fwww.fool.com%2Finvesting%2F2018%2F08%2F29%2F3-growth-stocks-that-could-put-amazons-returns-to.aspx&psig=AOvVaw1oZy7ALvg3jy54ejl_1a0N&ust=1584992999476000&source=images&cd=vfe&ved=2ahUKEwjS3fSW7a7oAhURL60KHVkJAG8Qr4kDegUIARCRAg

warren buffet https://www.youtube.com/watch?v=Y2p0HjK7HHw
homer simpson https://www.youtube.com/watch?v=jhBE3MUFxQU
Retire by 40 Dividends https://www.youtube.com/watch?v=d6a2mN__xyk
Bitcoin heating a home https://www.youtube.com/watch?v=9Z_bvYNWR4k

]]> 2020-03-22 21:16:23 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470082135 Website #1 - Cryptocurrency Generator connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470090347 Below is a website to download programs for mining cryptocurrency.
Before getting started, it is beneficial to look up what cryptocurrency your computer will generate best. As I mentioned before, the better your graphics card is, the more crypto your computer will generate. It is also important to evaluate what each crypto is worth. Some other things to note are the electrical costs of running the system, and the amount of money required to cool the room where the system is held. It is not uncommon for “mining farms” to be built by individuals, with each Graphics Card earning the owner typically 5$ a day at 60% capacity.

]]> 2020-03-22 21:25:55 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470090347 Website #2 - Virtual Stock Trading connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470099674 Below is a website for virtual trading. Its easy to create an account and begin trading stocks for free, without any need to worry about gains or losses. You can invest into well-known stocks that typically increase in small increments over time; they usually match the overall inflation of the economy. A riskier approach can be taken by investing in stocks that are not well known. These stocks are associated with new companies and industries; they are usually in the natural resource or pharmaceutical categories. A fun game you can gamble on this site is by starting with one stock that is well known, and invest in riskier stocks to eventually afford two of your original stocks.

]]> 2020-03-22 21:37:23 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470099674 Website #4 - BioPharma Stock Estimations connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470109232 If you like the sound of gambling on the virtual stock trading app, check out this website below. It lists a bunch of different dates surrounding drug companies looking for government approval, and the review dates of drug companies at different developmental stages.
The website has a calendar option and filter settings. If you filter for PDUFA dates, a list of companies seeking approval by their governments’ pharmaceutical bodies will appear. Leading up to these approval dates, most companies’ stocks will skyrocket in price. Beware, this is a very risky way of investing, but lots of money can be made with this method. That is why it is better to do online.

]]> 2020-03-22 21:50:01 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470109232 Website #3 - Crypto Wallet connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470109788 Now that you have started mining bitcoin at home, the program needs a place to store your bitcoin. By owning a secure bitcoin wallet, like the one in this website, you can deposit the generated money directly into the wallet.
Most of these online wallets are unique; they require a private key from your end, and a public key for where your money is going. The key you provide the program with is your public key because you are receiving money. If you were paying someone in bitcoin, you would need their public key. If paying in bitcoin, the value of each unit should be checked, so that you know you are not overpaying for a product or service.

]]> 2020-03-22 21:50:45 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470109788 Video #3 - Bitcoin Heaters connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470179849 Attached below is a video explaining what some people are doing in cold countries. People who are looking to cut heating costs will find a cold habitable place, and set up shop. By this I mean that they will set up cryptocurrency miners and the heat generated by the miners will heat their homes.
The downside here is that in countries like Canada this may only be feasible during the winter climates, but mining still makes enough money to cover the costs of cooling the units in summer. For students with little time on their hands to work, or employed people looking for extra income, mining cryptocurrency can be a very easy way to generate income on the side.

]]> 2020-03-22 23:31:50 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470179849 Video #4 - F.I.R.E. Investing connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470179927 This video outlines a very interesting topic I’d like to discuss, F.I.R.E. (Financial Independence Retirement Early). Andrei explains how a minimalistic lifestyle and constant investing has allowed for an early retirement after only 5 years.
This method of investing has become more popular by the younger generation, and people with access to apps like Wealthsimple (the Canadian version of RobinHood). The method is straightforward, dividends are your paycheques. It is even possible to reinvest these dividends and create more money when the next dividend payments come because you will own more stocks. The negatives here include that for times of distress, like right now with the coronavirus outbreak, the dividend payments and investment portfolio are at the mercy of the stock market.

]]> 2020-03-22 23:31:58 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470179927 Reflective questions connorjeffreys0 https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470189847 1) For this assignment I chose a topic I already had a basic understanding of. I could have done more research into specific pros or cons of stock market investing and cryptocurrency, but there was only so much information I could include. For your enjoyment I tried finding the most informative, yet interesting things about stocks and crypto that I could. 

2) This topic is relevant in regard to the PDUFA trading, I use wealthsimple and penny stocks that will soon reach their PDUFA dates to make money. AGRX is the ticker for my whale. I watched it go from 30 cents to 4$ a share. Furthermore, I am moving to a cooler climate next year and I was happy to research what I might need for a basic mining rig to heat my room.

3) The most important thing in my opinion, is the market is volatile. It will go up and it will go down, it is very hard to predict when these things will happen. My family complains when their investments go down and cheer when it goes up. My advice is that you should never cheer at or curse the market. The best thing to do is invest consistently and allow your money to work for you.]]> 2020-03-22 23:50:31 UTC https://padlet.com/connorjeffreys0/p0ox615p2u57/wish/470189847