ROYAL Q Africa Network

13/11/2023

*Crypto Wealth Growth*

*_10 tips on how to grow your wealth through cryptocurrency_*

1. *Diversify Your Portfolio:* Spread your investments across different cryptocurrencies to minimize risk and increase potential returns.

2. *Research Thoroughly:* Stay informed about market trends, technology updates, and regulatory changes to make informed investment decisions.

3. *Long-Term Perspective:* Cryptocurrency markets can be volatile. Consider a long-term approach to ride out short-term fluctuations and capitalize on overall market growth.

4. *Risk Management:* Only invest what you can afford to lose. Cryptocurrency investments come with risks, so manage your portfolio wisely.

5. *Stay Secure:* Use reputable wallets and exchanges, enable two-factor authentication, and keep your private keys secure to protect your assets from potential security threats.

6. *Keep Emotions in Check:* Emotional decisions can lead to impulsive actions. Stick to your investment strategy and avoid reacting to short-term market fluctuations.

7. *Stay Updated on Regulations:* Cryptocurrency regulations can impact the market. Stay informed about the legal landscape to anticipate potential changes that may affect your investments.

8. *Regularly Reassess Your Portfolio:* Periodically review your investment portfolio to ensure it aligns with your financial goals. Adjustments may be necessary based on market conditions and personal objectives.

9. *Understand Technology:* Gain a solid understanding of the technology behind cryptocurrencies. This knowledge can help you make more informed investment decisions and identify promising projects.

10. *Network and Learn:* Engage with the cryptocurrency community, attend conferences, and participate in forums to stay connected with industry trends, discover new opportunities, and learn from experienced investors.

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18/04/2023

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17/04/2023

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15/01/2022

BANK SAVINGS AS A DUMB IDEA.
In August 2019, a family friend who works in a microfinance bank approached me for funds for fixed deposit in her bank. I refused because I knew it was never a good idea, at least not at a time of economic uncertainty Nigeria was going through. She resorted to pleading for the deposit. When she mentioned that her job was on the line if she failed to get some deposit, I decided to assist her to get her off my neck. I fixed N2Million with her bank.
This January 2022, after 30 months, I requested to liquidate the fixed deposit. I was credited with the capital and interest. This amounted to N2,294,000. This means that my N2Million yielded N294,000 interest in thirty months.
It is tempting to think that I made some profit when in actual fact I made a colossal loss.
Here are the facts: In August 2019, rice was selling at N16,000 per bag. N2Million could buy me 125 bags. Today, a bag of rice is sold for N29,000. N2,294,000 can only buy 79 bags. That is almost 40% loss of value.
Let's look at it in US dollars terms. In August 2019, I could buy $5,714 for N2Million at the rate of N350 per dollar(black market).
Today, N2,294,000(deposit plus interest) can only buy $3,989 at current black market(main market) rate of N575 per dollar. This is a whooping 30% reduction in value over time. When allowance is made for inflation, the actual loss of value is still in the neighbourhood of 40%.
Here is the summary: I made an investment worth N2Million in a fixed deposit and I received the worth of N1,200,000 of the original investment after 30months.
Lesson: Never invest your money in a bank with the hope of being paid interest at the end of a period. It is a bad idea. Its like leaving spirit in the open. It will evaporate.
The only time your money should be in the bank is for safekeeping while thinking of what to do with it.
There are many viable options which will be the subject of another article.

Dr Otabor CU.

09/01/2022

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02/12/2021

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14/11/2021

*NOTE: ROYALQ BUSINESS CONCEPT, REFERRING IS NOT COMPULSORY, "NOT A BRING 2 AND LET YOUR 2 BRING 2 CONCEPT"!*

You can quietly be making profit from the bot without referral, but with refering, you enjoy more benefits and bonus money.

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*1.* Register with Royal Q (FREE)
*2.* Activate your Account with $120
*3.* With your referral link, refer others to use the app. You earn $30 per referral. Raise money from referral to start trading.
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08/11/2021

*Attributes Of Crypto Traders with Royal Q that Ensures Greater Success*

When you trade Crypto you must have these attributes

*Confidence:* Keep fear and emotions away so you dont manually go and sell off at a loss.

*Patience:* Have patience as market will surely rebound each time it goes down. If only those who traded or held coins few years ago patiently kept them, many would had been millionaires in dollars.

*Keep learning:* Be interested in learning about Crypto. Do not rely on anyone to do the knowing for you. You can ask questions and grow, but if you dont put effort to learn, you will soon back out by yourself.

*Be positive:* A positive mindset breeds motivation and productivity and such person has more tendency to excel in same business that others find uninteresting or difficult.

*Profits are good, but knowledge is better:* Once you work on understanding Crypto and have the knowledge on how it works, then you will even profit more from it. Therefore, seek knowledge as you get profits.

*Ask questions in the most polite manner when you don't get how certain things work:* Its always good to ask questions when you are confused or lost so that you have a better understanding of how those things work rather than assume things you are not sure of.

*Your upline Settings of the bot doesn't define Royal Q:* Your upline could set the bot for you and you are not making as good profits as you should. Don't judge Royal Q for that. Royal Q is a new tool and everyone is learning what works best. The right settings will make you fall in love with the bot. It's our individual duties to learn how to use the bot while asking questions.

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07/11/2021

One year ago today:
$BTC was at $14,500
$ETH was at $400
$LTC was at $55
$BNB was at $27
$DOT was at $4.60
$AVAX was at $3.59
$SOL was at $1.90
$ADA was at $0.09

*By this time next year. which coin do you think will do us good.*

*Today:*👇👇👇

$BTC is at $61,500
$ETH is at $4,500
$LTC is at $199
$BNB is at $620
$DOT is at $52.5
$AVAX is at $75
$SOL is at $260
$ADA is at $2.04

*Power of Cryptocurrency Asset*✊