About $1,997 Hidden Value In This Newsletters (Find It!)
Michael Akerele
Helping you INCREASE your Crypto Assets?? & IQ ????to SUSTAIN it as a BEGINNER. Founder @HDLifeCommunity?| @Cryptomatics_ | Profits Talking | Personal Development Coach |A Crypto Trader & Educator | SDG 10 Advocate
Dear Cryptomatics Reader!
It's about to happen in July again!
What am I talking about?
I will reveal it, just stick with me to the end.
First and foremost, I welcome you into the month of new Era - July.
July is the 7th month of every year and 7 stands for perfection.
The month of June that passed had many red weeks in it for all Crypto assets in the web3 industry. But…
Guess what???
Those red weeks and days were important for the move of $BTC and the general Crypto market entirely.
Why did I say that you may ask?
In Crypto, there are always the days of ups (greens ??) and there are the days of downs (red ??) just like we have it in all situations of life.
It was necessary for the $BTC to do a major correction down to the lows of around $59k downward last week so we can continue to move up.
For the past few weeks, Bitcoin surged up more than $70k in price, so...
A good leg down it made recently is healthy for the general Crypto market.
So, what does all that mean?
It means, if you're a beginner in the Crypto space or even an OG investor...
It's a good time in Crypto for you.
So, stay positioned and relax your muscles!
Bitcoin isn't crashing or going to zero!
Now that I've given you a brief overview of the general market,
Let me explain some important things you need to know about Crypto to you.
Recently, some of the newbies that took my Crypto 7 Day FREE Email Course asked me some questions and...
I would like to show you and answer those questions as well. Because…
I know you might have the same questions on your mind.
These answers will do justice to them and give you clarity.
The Question and Answer Session
Question 1: Blockchain is a database where all Crypto transactions are stored....does that mean there's only one Blockchain?
My Answer: NO! Blockchain is truly a database where all Crypto/Web3 transactions are stored but…
There are many Blockchains already that have been existing since Bitcoin Blockchain came to live in 2009.
Ethereum Blockchain came after Bitcoin and now we have different Blockchains today like Solana, Binance Smart Chain (BSC), Polygon Blockchain, Tron Blockchain, Viction Blockchain (more on this later) etc.
The important thing to note here is that;
If your friend wants to send you money on the SOLANA Blockchain,
You must copy a Solana wallet address and send it to your friend to send the money to.
If you copy another wallet address say; Ethereum or Tron wallet address, the funds will be lost.
So, each Blockchain stores their own assets (or transactions) and not the assets of other Blockchains.
Question 2: What's the difference between an Exchange and Wallet?
My Answer: We have 2 types of Exchanges.
1. Centralized Exchanges (CEXes)
2. Decentralized Exchanges (DEXes)
Centralized Exchanges (CEXes):
They are platforms like our traditional banks that help you keep your money (Crypto assets) with them because they have the security keys (private keys/password) to your account.
So, with a CEX, you don't have to worry about the safety of your funds because it's in their custody.
There's a slang we use in Crypto regarding that, we say;
FUNDS ARE SAFU which means your funds (money) is safe with a genuine Centralized exchange.
Now to the second one…
Decentralized Exchanges (DEXes);
Decentralized exchanges provide the same services that any centralized exchanges provide but…
The only difference here is that,
A DEX gives you the opportunity to use their services without having any power over your money.
They don't control the security of your money, your money will be in your Self-custodial wallet like Metamask, Trust Wallet etc.
This means, to access the service of any Decentralized exchange...
You need to connect your wallet that has funds to the DEX and use their services.
You can decide to withdraw your money from the platform any time you want, disconnect your wallet and still enjoy their services another day.?
One of the main advantages of a Decentralized exchange over a Centralized exchange is that…
A DEX doesn't enforce that you do what we call KYC (Know Your Customer) but...
If you're on a CEX, it's necessary to do your KYC in order to comply with the local laws of that country.
Now, let's talk about the Wallet part of the question, next…
The Crypto Wallet Discussion
Wallets are also in two types just like we talked about Exchanges.
Centralized wallets are called the Custodial wallets while…
Decentralized wallets are called the Non-custodial (or Self-Custodial) wallets.
With a custodial wallet, you don't have full control over your money because...
The centralized exchange can freeze your account especially if you violate one of their rules.
Why?
It's simple, because they own the private keys to your wallet.
This is why we say in Crypto;
"Not your keys, not your money!"
If you don't own the private keys to your Crypto wallets then the money doesn't really belong to you.
On the other hand…
Non-Custodial wallets are wallets like Metamask, Trust Wallet, Bitget wallet etc.
These wallets give you the opportunity to own your assets personally because...
You have access to your Private Keys that are also known as your main password to your wallet.
领英推荐
These Private Keys must only be known by you - That's why it's called private keys.
If it's seen by another person, then your account might be compromised and your money can be at risk of theft.
These are just a few of the questions some of my students that are beginners in the Crypto space asked me recently.
I hope you also found them useful.
Before I break the good news I promised you earlier, let me announce this to you!
I became a Contributor recently for the new leading World Wide Chain project known as the Viction Blockchain.
Viction Blockchain is a zero gas chain which means you pay 0 or almost zero fees in transactions unlike other chains like Ethereum, Bitcoin etc.
It is also developed with a top-notch security and is growing so fast.
Recently, we celebrated its 1 Billion transactions on chain which I was the one who captured the fastest moment on chain and won the game!
When I joined Viction, their managers received me and others with love and within a few days I've been with them, it feels like home. And…
Within a month of working with them, I've revealed a lot of ways to make money with them either as a community member or…
As someone who would like to join the team and use your skills to promote the project.
Below is the short video overview I made on the Viction Ecosystem on different ways you can make money with them even if you know nothing about Crypto:
There's always room for you as a LinkedIn Professional and a reader of this Cryptomatics Newsletters.
You can also follow me on X (formerly Twitter) and get more updates on the content I'm going to be writing for them this month and more…
There are many opportunities for you in the Viction Ecosystem because you're early.
Imagine you were part of the early members or investor when Binance Smart Chain, Ethereum chain or Solana Chain was launched and...
You were able to invest or accumulate their Crypto tokens while it was still at low prices.
You don't want to miss this opportunity as well with Viction. Viction ($VIC) tokens is less than $1 at the moment and...
It has great potentials to do well in the upcoming bull run.
So, ensure you check out the video above and subscribe to my Youtube channel for more new content.
Before I round it off for this month…
I hope you were able to watch the video I shared in my previous newsletters last month on the upcoming Phaver Airdrop?
If you haven't, ensure you find that newsletter and go through it.
The video link is in the newsletter for last month.
Okay, I really don't want this newsletter to be too long, I hope it doesn't!????
I guess writing is really my hobby!
What's more for you in this newsletter?
I just rebranded my 7 Day FREE Crypto Trading/Investing Email Course for Beginners.
It has been the only source of easy, fun and insightful Crypto content for beginners.
Not in my own words actually but in the words of my students that have taken the course.
You should go and find out yourself and experience a delightful Crypto adventure.
Keep reading to discover how you can take this FREE Course.
Lastly before I leave you to enjoy your month of July…
A very interesting and one of its kinds competition is coming for all young Digital Creators soon.
The competition is really going to be BIG and a lot of jaw-dropping prizes to be won by the winners in the competition.
The competition is going to be hosted by one of my brands HDLifeCommunity page here on LinkedIn.
It's coming soon and you shouldn't miss it.
Ensure you follow the page now or join the Whatsapp community to stay updated and not miss out.
As I sign off for now…
Remember that;
You Need To Stay Informed and Connected in the Crypto & Web3 industry.
Join active Crypto/Web3 groups and communities to stay updated and not miss out on profitable information.
You can start by taking my 7 Day FREE Email Course on my website at PROFITS TALKING.?
All you have to do is SUBSCRIBE to my email website newsletters and you will be automatically opted into the email course after you confirm in your inbox.
Once you subscribe, the email course will start delivering to your inbox for the next 7 days all for FREE.
Feel free to reply to each lesson daily in the email, summarize what you learn and leave me your question so I can track your progress and support your journey.
Also, to stay updated daily on Airdrops and our educational posts, ensure you follow our Cryptomatics Educational Hub on X (formerly Twitter) platform to stay connected.
You can also send me a DM if you're interested in joining our Whatsapp community for regular Crypto/Web3 updates.
Don't forget to follow my new Whatsapp Channel I created for you so you will never miss any Crypto/web3 or personal development updates again.
That's it for June's newsletter!
Did you enjoy this newsletter? Kindly let me know in the comment.
I welcome all opinions and recommendations, so feel free to share them in the comment and…
You can also let me know what else you would like to see in this email going forward.
I love to have you here and see you read our newsletters. Thank you for reading.??
Do have a profitable July.?
You're NOT broke, you're Pre-Rich!
With Much Love ????
Your Crypto Flight ??
WAGMI (We All Gonna Make It ????)
PS: this might be a very good time to invest in Crypto as we're heading towards the bull run, buying Bitcoin or Ethereum may position you for greater benefits in a year or two. But, also Do Your Own Research (DYOR). This is NOT a Financial Advice (NFA). Only for Educational Purposes.
Driving Visibility and brand growth for Service-based brands using customized strategies + tailored content | Account Manager & Social Media Strategist |
4 个月This would be filled with insights ??
Sales Warlord | Branding| Marketing| LinkedIn Specialist (Sales Funnel Website) Save time, avoid stress & increase MRR | with strategy tailored for ONLY you. #1 for SALES/Top 50 LinkedIn creator Nig See more below????
5 个月Value packed ???????????????? Michael Akerele
I specialize in legally preserving startups' & SMEs' identities & IPs, unlocking their financial potential, & guiding them toward sustainable global impact - BUSINESS LAWYER| IP LAWYER| BUSINESS ADVISOR| SDG 8..
5 个月Welldone, Michael Akerele . Great work done here??
Teaching at ECWA Group of Schools
5 个月This is very educative, kudos to you sir.
???? ???? ?? I Publishing you @ Forbes, Yahoo, Vogue, Business Insider and more I Helping You Grow on LinkedIn I Connect for Promoting Your AI Tool
5 个月Great insights into the market and opportunities in Crypto.