Steemit Crypto Academy | Course 7 By @stream4u | Money Management & Portfolio Management. Homework done by @davchi

Source

1.

DISCUSS MONEY MANAGEMENT

This could be viewed as a process by which a person, firms or organizations judiciously partition the use of their limited current or Fiat assets in order to have a maximum returns after a period of investing with it.

Hence the efficiency of money is tied to the scope and exposure of the person in possession of the very monetary asset persay.
On the other hand the management of money can be ineffective and unproductive if the person in possession of the asset (money) is still without proper foresight of the Industry to resource the money asset to.

To be able to prevent the loss of the money asset it will be very judicious to consult an expert, who can direct on the the area or even Industry to resource this money to in order to make an efficient use of it.

2.

FUTURE PLAN ON YOUR MONEY MANAGEMENT

For a while now, I have been on a little research on the crypto Industry, and have seen it's potential returns, despite the volatility of some crypto currencies, which could be controlled by investing in a more stable coin when the value of the crypto asset one is in possession of it in a steep depletion or devaluation.

So from my speculations so far, although am still a student but will be graduating this year as an economist, I have plans of diversifying and investing my resources into the crypto currency industry because of it's more increasing than decreasing returns of investment (ROI)

Nevertheless , I have plans of becoming one of the top 10 investors in the crypto currency world with the little knowledge I have grabbed from the crypto world already.

3.

DISCUSS PORTFOLIO MANAGEMENT, IF YOU HAVE AN INVESTMENT AND IF IT IS OKAY WITH YOU THEN SHOW PORTFOLIO AND EXPLORE IT BRIEFLY

First and foremost, portfolio investment could be seen as the value of assets or securities held by an individual firm or organizations which shows their networth. Then on the order hand portfolio management is the act or process of managing your monetary assets or securities judiciously in order to maximize returns of investment or profit.

Since we are living in a world of too many uncertainties, it is the efficient management of a person's assets that determines it's durability and longivity, because inefficient management of resources will definitely lead to a loss of assets and may also retrench the networth of an investor.

On the order hand, I have not had any tangible investment that could lead to keeping it's records, probably for the assessment of my networth as an individual as am still a student looking up to more opportunities both now and the future.

4.

FUTURE PLAN ON YOUR PORTFOLIO MANAGEMENT

From the onset of my write-up, I have plans of investing until the Cryptocurrency invention because of it's high returns without stress, although it is still an unsteady valued investment in that one may loose in the value of his invested asset.

Nevertheless once I'm a little bit financially bouyant, I wish to diversify my money into different cryto assets, and put it to check, knowing when the value of such my invested asset is either increasing or decreasing and if it is increasing I will invest more into that asset and on the contrary if it is decreasing, I will withdraw it an inveastt it into a more stable coin like the TETHER USDT so as not to loose the value of my asset. This is actually how I plan to manage my portfolio in the nearest possible period when I will be investing my money into the cryoto world.

5.

WHEN WAS THE LAST INVESTMENT FAILED AND WHY? (THOSE WHO HAVE EXPERIENCED THIS CAN PROVIDE VIEWS.)

Really since the Bitcoin is the leading crypto in the world of crypto currencies, it is expedient to cite it as the last fall in investment, which first fall around January 2018, with about 65 % fall in its value and lastly it fall in 2021.

Now the last fall in investment, happened
around February 2021, and according to a little research i carried out there is this discovery that a mining pool by name G2POLL with website address: https://www.f2pool.com. tremendously disbursed it's mined CRYPTOS because of the high rate of the value of the Bitcoin which flooded the market excessively and due to inadequate demand by consumers at the moment which could have equated its supply, then it led to an excess supply which negatively affected the price of investment in the Cryptocurrency world and perhaps a fall in price was initiated on all the Cryptocurrency investments. So this by my research was the cause of the fall of the last invest.

I wish to appreciate professor. @stream4u for giving me the enthusiasm to go through a research as this thanks.

Cc:@stream4u
Cc:@steemcurator01
Cc:@steemcurator02