Claytons Padle on Cryptocurrency by https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct Made by Clayton Creed en-us 2022-04-04 18:29:25 UTC 2022-04-04 19:12:01 UTC hello@padlet.com https://padlet.net/icons/png/1f600.png Hello, my research assignment will be based upon the 'crypto currency' unit. in this presentation, i will go over the risk factors, the plus sides, the negative sides, possible outcomes, percentages, etc. after my presentation, you should be able to have at least a slight grasp on the concept. i hope you enjoy!!! claytoncreed https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129255251 2022-04-04 18:33:02 UTC https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129255251 (Video #1) This is a video which will go over the basic terms used in Crytpocurrency. it will explain risk factors as well as what 'staking' means. i chose this video because the creator of it was one of the first people who i genuinely made an effort to watch the videos. the reasoning for it is because i personally dont like to look at a numeric value in my savings account knowing that i could be making money using it. the thought of being able to sit at home and make money, while also going to work and making money brings me a sense of happiness. claytoncreed https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129264647 2022-04-04 18:38:21 UTC https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129264647 this is a graph of BITCOIN over the last 6 years. this graph shows that over a 6 year period, if you were to have invested 500$ in 2016, you would have close to 130 grand in this current day. this is one of the many example of how absurd of an amount you can gain. claytoncreed https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129272261 2022-04-04 18:42:55 UTC https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129272261 This video is another that goes along the lines of risk factors, and what to look for. Like anything, crypto has an insane amount of material and laerning that is needed to be considered a 'professional trader' but when i was starting to invest, i directed myself to graphing and the patterns maintained by certain stocks or cryptocurrencys. this plays a big part in your knowledge range, simply because EVERY SINGLE CRYPTO CURRENCY AND STOCK IS TAMPERED WITH BY BIGGER NAMES, etc; Banks. claytoncreed https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129278477 2022-04-04 18:46:33 UTC https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129278477 This is an example of a barish market. a barish market is when most or all stocks are under-valued in a sense. this is bad for traders who bought high and held until it raised. on the other hand, it is the ABSOLUTE best time to buy in bulk. this is where traders with little to no knowledge will be able to make money. 'buy and hold' claytoncreed https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129286810 2022-04-04 18:51:05 UTC https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129286810 (website #1) I was trying to find most of the old videos i was looking at but this software wont allow me to transfer watched history from youtube. that being said, i found this video which basically attacks all the must knows, the do's and dont's of crypto. in this video, you can see in relation to my presentation what most of this information means. in other terms, this video will break down most of what there is to know to get started, in 12 minutes. claytoncreed https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129295126 2022-04-04 18:55:48 UTC https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129295126 again, this is a longer video. but this shows all the bad sides of crypto, all based on the biggest cryptocurrecny of all, bitcoin. if nit interpreted yes, crypto can be very dangerous if not knowing what your doing, or even if a sudden crash happens. this video will exlain alot of the risk factors that go along with trading as well as graphs, numeric values and more. the reason i selected this video is because everyone should be aware that this is just as dangerous as it is amazing. how can the internet decide how much your investment goes up or down each day? thats the scariest part of it all claytoncreed https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129302774 2022-04-04 19:00:18 UTC https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129302774 This website provides an in depth reading on the down side of crypto. in this text, you will read about the effect is has on our economy, along with money scamming, the process to withdrawal and tracking of currency. the reason i like this article is because it provides a point of view in which i cant. i will argue one point in this article, and it is the part about tracking currency. to me, your funds should be a personal number that you know. you receive tax forms each year to tell you how much you made in that particular year. why would our government tax crypto and try to track it if it is money we've already been taxed on rightly? but at the same time, how is a tax supposed to be implemented into currencies that only exist on the internet? claytoncreed https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129315795 2022-04-04 19:07:47 UTC https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129315795 This is a wesbite which in depth explains what a barish market is and what to do when it comes about. there are signs before a crypto drops, such as pattern movement, differences per day/a, etc. this is when if you have anything invested, you want to cash out and reinvest after the drop has happened. this way you minimize loss and maximize your potential growth. i chose his website as it was very informative and very easy to navigate. i also chose to include this article because in this current moment, this information is a lot more valuable than anyone would think. claytoncreed https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129322221 2022-04-04 19:12:01 UTC https://padlet.com/claytoncreed/pj3hp66e7t0tp7ct/wish/2129322221