CRYPTOSILV

Part 9. One thing successful people hate more than a lack of opportunity to invest, is people who always beg. You might raise an eyebrow or two but try putting yourself in their shoes before you judge. Would you be happy to be around people who always want to get money out of you? Would you want to be surrounded by borrowers and beggars? The simple answer is no! No one wants to be around those kind of lot. In economic sense they are liabilities not assets. If you invest your money on liabilities than assets, you will enter liquidation and declare bankruptcy. A Yoruba adage says, one rich man in the midst of many wretched people is also wretched. To attract wealth, you must quit begging and start providing answers to questions people ask. Do you want to catch the fancy of a rich man or a person of influence, you have to come up with an answer to a question he ask. This is one great realization you must come to before you rise. In the rigged game of wealth, you have to...

Part 8. I have always wondered why the Rich seclude themselves to one area of city. Think Beverly Hills in Hollywood or ShunYi and ChanPing in Beijing, Mitte-Tiergarten or Grunewald in Berlin, Ternes and Monceau in Paris, Maitama, Abuja, Ajah and Lagos Island of the ever busy city of Lagos, then you should understand. These are different cities from different countries but they are all the same when it comes to the rich segregating themselves from the poor. Contrary to what you might be thinking, this segregation is not because of pride or contempt for the poor, many rich people now were sometime hustlers and impoverished. So belittling their days of humble beginnings would be a slap on their own face. They separate themselves because they have activated a strange thing called a "millionaire's mentality". Believe it or not there is a millionaire's mentality and the way it works not only baffles the poor, it irks them too. It's your...

Part 7. The game of wealth can be likened to a football match. Twenty Two (22) Players are allowed to play for 90 minutes. Say for the substitution of both teams and few coaching staffs the majority of the stadium are spectators. It reminds me of the game between the old rivals Manchester United and Liverpool played on the 20th of October, 2019 at Old Trafford with much hype and how Liverpool have the edge and probably  the game will be the last of Ole Gunnar Solskjær coaching Manchester United. Too much of hype and prediction favouring Liverpool due to their form. Eventually, the game was played and it was a one all draw. After so much hyping and the likes... The take home from the story above is that the game has been played. The players either win or draw got paid. The spectators on the other hand, didn't get what they were wishing for. Spectators were left for the what ifs, analogy, scrutiny and many more... Like the football game, the game of wealth was desi...

Part 6. Between the poor and the rich, there is a gap that can't be jumped or swum. You can be the best in your field but if you don't come to this realization, you might remain mediocre all your life. If you don't believe me, lets examine Edison and Tesla. Nikola Telsa was one of the brightest mind of the 20th century. A winner of the War of currents. On a contract with Thomas Edison's company he recoiled the electric dynamo and created the A. C circuit. As if that's not enough, he postulated inductive electricity in which power can be beamed from masts, much like radio waves. Of course he did all of this but it's a shame, Tesla died in poverty. The reason? he didn't care about the gulf between the rich and the poor. Telsa was a scientist, not a businessman. He thought he could 'smart' his way through. He thought intelligence is the only factor of success and little wonder he failed. Thomas Edison on the other hand attended only...

Part 5. Show me a winner and I would show you an hard worker. It's true, the workaholics are mostly the winners and champions. But before you head to the gym poised to work yourself to death, let him give you a rude awakening, this is not so all the time! Hard work only gets you to the door, it doesn't get you the deal. Of course you have to get yourself to the door to stand any chance of winning, but if you don't have that extra something, you might consider all your work for naught. The reward for hard work is more hard work not success. Success is a gift not won but something you qualify for if you play by the rules of life. In life you would see people who do everything but don't succeed. Then also there are people who don't do much and success flows. It's all about chance and positioning. You can land the best job of your life, if you position yourself well. And by hard work and chance you would ride the highs of success. The chances of lif...

Part 4. It's July 1998, and we have reached the business end of the World Cup in France. France square it against current defending champion Brazil. Everyone knew what dangers posed by the Samba boys. It's not a fluke this nation has 4 winners medal to their name. And besides they had the deadliest attacker in the game, Ronaldo De Lima. In a charged arena, finally the whistle went for kick off. The French were on the attack from start to finish and they won their first trophy. Two goals from Zinedan Zidane and a third from Emmanuel Petit secured victory. Now why am I telling you this story? What's all this have to do with succeeding in business and life. Yes, hard working France won, big deal! They won their second trophy last year, what's the point? Yes, France won that trophy but its not that victory which is so important. It's the news that later emerged about how they won. In 2018 former UEFA president, Michel Platini, revealed how they ...

Part 3: Studies shows that it's neither the best products that sell the most nor the best boxer which wins every bout. Yes, hard work, persistence, perseverance, a fiery passion and an impeccable altitude are all factors of success but then there is something more. A secret formula which can turn everything, even a sows ear into a silk purse. Every champion knows that despite the fact that they got themselves to the edge of glory relying on being dogged and long suffering, real success wasn't achieved until they discovered the little piece of rare magic that transformed their efforts into victory. An African adage says...that thing which the Elder are using to eat their pudding is under the leaf wrappings... And they also say...If a child knows how to clean his hands, then he would eat with the Elders.... True victory can only come if you have discovered that the games of wealth are rigged and you would need an 'Elder' who deem you clean enough to '...

When the game is rigged, you don't have to play by the rules. Since the start of time, powerful empires have risen through history. And the one major prerequisites for glory and power had always been a standard financial system. Be it Ancient Egyptian or Babylonia or even recently Rome, wealth have been the driving force that spurred these empires forward. They could command great armies, buy Calvary and acquire the state of the art technology that gave them an edge in produc tion, industrialization and warfare. Not taking anything away from the industriousness of these empires, a spark that ensured they stayed in power is they knew something other nations didn't. They knew that the game of wealth was rigged and you need not play by the general rules to win. Of course they preached about the real 'rules' of the game but then they played by the rigged rules that ensured their victory. That pattern has been carried into modern empires of America and China. ...

There are some foretelling signs that shows that the global financial crises is looming, For some times now, Governments around the world are facing an upward task of balancing there sheet when it comes to financing. But the inevitable is here. The governments are in territories that have never been before. The interest is at its lowest in decades and Quantitative Easing is no longer feasible. Printing more money will lead to hyperinflation. Everything is pointing to a looming doom! Here are the four Events as it unfold 1. Government Debt As said earlier that we are now in the territories we have never been before in history of humanities. The Global Financial Debts is in trillions of Dollar. The world reserved currency ($) is weakening by the minutes. Interest is at its all time low and debts are at all time highs. It is not the matter of when that we are going to succumb to the load of debts. We are only hanging by a thread. 2. Negative Stock Market Returns ...

Someone ask me on Quora: How do I start investing in crypto currency smartly? Is it too late to start? My Reply: The best was probably in 2011. But you are not too far behind. I can say entering while the weak hands are exiting is a perfect time. The market is red, everyone is panicking. I'll suggest you start with Bitcoin. The reason is not farfetched. It is the first and the most secured cryptocurrency there is. Concerning investing smartly, well continue to ask questions from people who have been there, done it make mistakes and learnt vital lessons along the way. You can't avoid mistakes, but you can minimize it if you follow people who know a lot about cryptocurrencies. Crypto Twitter will be a place to go. Also I answered a question about investing in Bitcoin. You can read it  here . Want to gift your love ones customized watch for this holiday? Visit our  website to order yours.

Someone ask me on Quora: How much will 1 Bitcoin be worth in 5 years? My Reply: Given the fact that Bitcoin needs wide spread adoption, the minimum value of Bitcoin in five years time will be at $100, 000.00 in the least. These are my reasons: 1.        The last bull run nearly push the price of Bitcoin to $20, 000.00 2.       The fact that more people will learn more about Bitcoin most especially the millennial generation. 3.       The traditional institution by then would have invested in it pumping the price to the moon. 4.       Solutions to scalability problem. 5.       The lost in value and trust in state owned currency i.e. National Currency These are what I could think of right now that will drive the price up. It could worth more than that. Want to gift your love ones customized watch for this holiday? Visit our  website ...

Someone ask me on Quora: What is your recommendation for bitcoin? Hold, buy or sell? Is there any practical use for cryptocurrency? My Reply : Funny enough to your question, I got two people at my office after teaching them on Bitcoin ask me the same recently. I always answer people like this. When it comes to what you can do with Bitcoin, you have three options. You can play the LONG TERM GAME if you are just trying to figure it out and not the get rich quick type. What I mean by playing the long game is that you should add Bitcoin to your savings. For example, if you earn $1000 a month and you save $200 in your savings at the bank monthly, I suggest you set aside $400 out of it to be buying Bitcoin and HODL for like a year. Let do a simple Maths here. If starting from today you buy $400 worth of Bitcoin for the next one year, then the Maths will go thus: $400 * 12 = $4, 800.00. You have invested $4, 000.00 worth of dollar...

Today, cryptocurrency mining operators could benefit from taking out loans while using their mined coins as collateral to cover their expenses and persevere during the current bear market. MINERS CAN’T HODL…OR CAN THEY? Large-scale miners have enormous fixed costs, which they must pay regardless of the price their mined coins are currently worth. Indeed, many mining farms operate on thin margins and a shoestring budget, where expenses like electricity, rent, and other overhead costs must be covered monthly or the operation goes under water. Bitcoin and cryptocurrency mining, in general, is a cutthroat business where even the tiniest of advantages can give your competitors the advantage.  Renewable energ y sources, algorithm optimizations, superior cooling systems, and government subsidies are just some ways certain miners try to edge out the competition. But regardless of whether you’re running  AsicBoost  or not, miners must still pay thei...

The longest fiat currency in the world is the British pound. It has been in existence for more than 300 YEARS . I saw an article online talking about it. Not well articulated but draws out the fact that "the pounds sterling has lost 99.5% of its value". This goes to show that for someone who has decided to use the fiat currency as it store of value, it is in for the losing game. The constant devaluation of our currency make it the worst form of store of value. In this generation, savers are losers. You can not save your way to be a millionaire. You have to invest. This is not a Financial Advice!  Do your own research. One of the most liquid investment around is cryptocurrency. Bitcoin which is the oldest and most important of it all is working like Gold. Since inception, bitcoin has performed incredibly well against the US Dollar. As impressive as it sounds, it does not come without some demerits. It is highly volatile. The risk is solely yours i.e. you are resp...

Author of the book ‘Mastering Bitcoin’ and noted bitcoin advocate Andreas Antonopoulos believes that a Bitcoin ETF is imminent. However, he insists that the long-term implication of such fund will do more harm than good for the original cryptocurrency. Intermediary Bitcoin ownership Antonopoulos described an exchange traded fund(ETF) as a fund that has a custodian or a manager who creates a financial instrument that can be traded like a stock but in the actual sense of it, it isn’t a stock. So for a Bitcoin ETF, this fund is expected to hold Bitcoin, and then sell shares in the Bitcoin reserve that represent the price of Bitcoin. This system of investment allows people to buy the eventual shares as ‘stocks’ through their regular brokers, and traded on the stock market. Practically, in this case the investors do not hold or own actual Bitcoins. They simply own shares of Bitcoins owned and held by the custodian. So essentially, it only provides opportunities for market prac...