The Steemit Crypto Academy Week 10 | Season 2 | - Homework Post for @fendit

in SteemitCryptoAcademy3 years ago

Risk can be seen as the ability of an individual to be able to adapt to either situation he or she may find himself either challenging or highly grave situation. It is mostly involved in marketing sector where changes may occurs in the areas of Damian’s and supply and loads in storage of data facilities.

Risk aversion could then be defined as the ability of people to prefer results from low uncertainty to those results with high uncertainty even if the mediocre outcome is at a balanced level higher in monetary value than the more expected outcome.

An averse investor is said to avoid high risk investment they prefer short run investment with immediate return on investment those types of investors like to invest in bonds and debentures.

My Risk Aversion

My risk aversion in the cryptocurrency world will certainly be binance and I find it be appealing due to the bonus that is to be expected on all transaction made which I’ll be earning royalties with the bonus gotten I’ll be more satisfied rather than getting nothing from transactions been made and it would make transactions easier and I find it more appealing because according to the blockchain world it could be said that as long as they remain unregulated they will continue to keep a certain ‘wild west’ feeling and leave the investors on the edge.

What is fixed savings?

Fixed tokens could be said to be products that requires each users to deposit their crypto assets for a certain period of time.
It is said that when savings are fixed it has already been annually subscribed for which in turn allows the fund to be dudected from the token wallet.

Fixed savings can be seen as a particular fixed amount that is being sent to a particular piggy bank or an account where the money is to be used on a later basics

What is flexible savings?

Flexible savings could be said to be the direst antonym of the fixed saving in the sence that in fixed savings the withdrawals of tokens are based on wat was subscribed for by the investor but for flexible saving the currency is being sent when available or whenever the subscriber feels the need to transfer to the safe wallet.

For example on the selected date Binance Bnb savings will distribute the locked saving product to the savings wallet and the savings wallet will start to accrue with interest and on the matured date both the token and the earned interest in the binance account can be seen.

What is an high risk product?

High risk product as the name implies are said to be products which have been classified to ascertain a very huge potential of either creating dangerous damages to where it will be used or products that entails exorbitant amount of ingredients or acid that could be harmful in nature examples are like acidic items like car batteries examples of high risk products are:

-cryptocurrency/foreign exchange trading

-virtual placing of bet

-other online subscriptions

Now linking to the blockchain world it could be said that investing in cryptocurrency is also an high risk because when the blockchain shuts down there is no say that capital will be refunded or the investor will be able to report to a government official to sue the company for fraud on Manet being taken, everything is being done virtually and the book of records are been safely kept and is not being dispersed like other government banks

What are launch pools?

Launch pools could be said to be similar in meaning to high risk products but in a more beneficial way to get refundable rewards for early staking of funds

There are 5 launch pool processes:

to stake:- this is the ability of an investor to invest or assign some of his asset into a smart contract . The investor keeps charge of the asset and can reclaim his asset as at anytime due.

to collaborate:- this could be seen as a creation of a scale of preference by comparing it investment offer with others to know which is at a good return on scale

to propose:- this is when the investor know which he is going for and selects the alternative best choice to go for

to commit:- this is when the investors to give its asset time and management on how to expand his asset

to convert:-this is when the commited stakes of asset is being swapped for the proposed investment.

the reward to be gotten:- early stalkers are said to be the ones to get bigger and bountiful rewards based on the hearing that says ( first come first serve)

then it is said that if the investment scheme does not produce required bonus or funds the investors will be forced to pulled out.

How to set investment on binance

Binance is a good investment for trading in the sence that it could be traded for other various types of blockchain or cryptocurrency depending the rate of exchange set on restrictions for instance when the coins earned are being sold the more the sales the higher the bonus on royalty to be gotten by the investor

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Investment could be set on binance through creation of a dual or three way investment holding in the blockchain which will give room for double or more increase in earnings and return on investment .

Investors also set a contingency plan based on risk availability circumstances which can not be predicted or excaped from, every investor must know before going into the business that its rate or risk is high in terms of the rate of competition between other blockchains like bitcoin.

Proper checking of rate before investing :

It is therefore advisable that when going into any cryptocurrency or blockchain business either mining or investment proper scale of preference

Should be taken to differentiate between different investment schemes to select which is best suitable and gives desirable returns on capital and at a quick rate.

@fendit

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This post certainly makes no sense.
You can tell that you copied things from other places and spinned the words.

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