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Digital swap, Uyo (2026)

17/12/2019

Hy there.

It's wonderful to have you around for today's class. I hope your December is shaping up. Let's get into today's class already.

BEING GREEDY

According to Richard Snow, "Greed is a natural human emotion that affect individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders".

Greed can very easily turn good trades into bad ones and bad trades into worst trades.

If you want to be a successful trader, greed is probably the biggest obstacle you will have to overcome. If you try to get rich on every trade, you will more than likely end up blowing your account – slow and steady wins the race. It’s the great challenge that all traders face – if you want to get RICH QUICKLY, you have to do it SLOWLY . Remember the good old saying--"slow and steady wins the race". Like I have said previously in the other lessons, take your time to create a trading strategy and plan and stick to it.

Greed is an emotion that plays an important role in trading/investing. New traders and their accounts have suffered because of greed. In fact, this is how the saying goes and it couldn't be truer - “Bulls and Bears make money; “Pigs get slaughtered”. The markets show no mercy to greedy traders and that is very true. You will burn out fast and easy if you don't put greed in check.

Greed can be seen as the opposite of discipline. Individuals that are disciplined seldom fall into the greed trap as they have some sort of plan and stick to it.

Things to consider if you want to OVERCOME GREED
• Have a trading plan
• Use the risk management strategy in every trade
• Desist from practicing over trading.

The above tips are a great way to keep traders on the right path and prevent them from being tempted to enter trades that deviate from their trading plan.

"Trading pump and dump" will be out topic for the next discussion. I'm looking forward to it and I hope you are too.

I believe you've learnt something new today. Kindly, let me know what you learnt in the comment section.

Don't forget to like and share so your friends can benefit from this as well.
Thank you!

12/12/2019

Not knowing when to enter or exit a trade

Entry point refers to the price at which an investor buys a crypto asset, The entry point is usually a component of a predetermined trading strategy for minimizing investment risk and removing the emotion from trading decisions. A good entry point is often the first step in achieving a successful trade.

The ability to determine when to ENTER and EXIT a trade is very very imperative, No amount of conviction one has one particular trade if not backed with technical and fundamental analysis will be useful if we can’t determine good trigger points for our trades. Even if we know that the value of a currency pair will appreciate in the future, unless we have a clear conception of when that appreciation will occur, and where it will end, our knowledge is unlikely to bring us great profits, that is why the ability to do both Technical analysis (T.A) and fundamental analysis (F.A) is a skill set every trader should acquire.

When you lack this skills, you're at a serious risk because you will likely be buying high and selling low, you will end up exiting mist of your trades at stop-loss, and this is quite harmful to your capital.

"Being greedy" will be out topic for the next discussion. I'm looking forward to it and I hope you are too.

I believe you've learnt something new today. Kindly, let me know what you learnt in the comment section.

Don't forget to like and share so your friends can benefit from this as well.
Thank you!

10/12/2019

Always a good time to learn together. I hope you're having a great day.
Today, we'll be talking about lack of trading strategy.

LACK OF TRADING STRATEGY

A trading strategy is a fixed plan that is designed to achieve a profitable return. The main reasons for undergoing a properly researched trading strategy are for its verifiability, quantifiability, consistency, and objectivity.

Trading strategy is a pattern that everyone who wants to succeed in trading should stick to, because without a trading strategy, the possibility of making profit is very slim, some times what works for Mr A may likely not work for Mr B so you have to master what works for you and stick to it so you don't drift to sentimental marketing.

Below are the 5 strategies you should not ignore

1. Diversify:
Don't dive into trading any assets with all your portfolio, make sure you have a certain percentage of your portfolio you're ready to risk no matter how you much you certain you are that the market will go in your direction.

2. Do your own research(DYOR):
Always set out time for research, pick some assets and study them closely, read their white paper, check their road map, find out if investing in it for long time will bring good returns on investment (ROI) study their price movement in the past, this is a combination of both technical analysis (TA) and fundamental analysis(FA) and it is very vital to your trading success.

3. Cut Losses With Limit Orders
Use limit orders most times. A limit order guarantees the price but not the ex*****on. Limit orders help you trade with more precision, it gives you the ability to set your price (not unrealistic but executable) for buying as well as selling.

4. Take profit/exit:
Make sure you have your entry and exit methods clearly defined and written down, lest you give greed a chance to overwhelm you and then you end up losing.

5. Don't be too emotional :
There are times when the market will test your nerves. As a trader, you need to learn to keep greed, hope, and fear at bay. Decisions should be governed by logic and not emotion. Try as much as possible not to be sentimental in your trading.

"Not knowing when to enter or exit a trade", will be out topic for the next discussion. I'm looking forward to it and I hope you are too.

I believe you've learnt something new today. Kindly, let me know what you learnt in the comment section.

Don't forget to like and share so your friends can benefit from this as well.
Thank you!

05/12/2019

Hy.

Thank you for joining me today. We are going to talk about something very interesting today, as always.

Let's dig in already.

TRADING OF S**TCOINS

Sh*tcoins is what cryptocurrency traders refer to as coin/tokens that has no real life use. This means some crypto assets that are just there on the cryptocurrency exchange for trading without being used for any other thing.

Coins known as sh*tcoins can frustrate your trading plans, if you actually bought them for a long term investment.

How can I spot Sh*tcoins?
This is where Fundamental Analysis(F.A) comes into play.

Fundamental analysis is a method of evaluating the main worth of an asset and analysing the factors that can possibly influence its price in the future.

This form of analysis is based on external events and influences, as well as financial statements and industry trends, with this, we can easily tell if some assets are worth investing in, although most project owners do come up with promising white papers and road maps that will cause investors to believe it's going to be a wise decision if they invest into any crypto asset but end up losing their hard earned money, because the project owners where just there to cash out without embarking on whatever they promised to deliver in the long run.

Not all asset tagged as Sh*tcoins were actually meant be to be useless in the long run, most project do fail, because of financial issues and other factors beyond the control of the founding members, that's why it is always advisable to invest the money you can afford to lose, not an amount you are hoping to feed on or pay your house rent in the near future😂, because it can get so frustrating if the market goes south.

On my next post, our discussion will be on "Absence of a trading strategy"

I believe you've learnt something new today. Kindly, let me know what you learnt in the comment section.

Don't forget to like and share so your friends can benefit from this as well.

Thank you for reading

04/12/2019

Hello there! I'm excited to welcome you to another exciting learning moment. So, today we will be talking about USING OF FAKE EXCHANGE

Let's start with what exchange means.

Exchange in cryptocurrency terms is a platform where crypto users exchange one crypto currency to another either for profit making or withdrawal purposes, in other words we use cryptocurrency exchange to buy and sell cryptocurrencies(trading). Some times we could sell or exchange any crypto assets at a loss just to prevent our capital from being liquidated or sometimes we exchange altcoins to bitcoins so we could easily exchange it to local currencies e.g Naira.

What is fake exchange?
A fake exchange is an exchange that claims what is not true, for example, the insiders most times portray a huge trading volume that is not real so as to cause FOMO(Fear of missing out). Fake exchanges are in the habit of deleting the accounts of users.

As a crytpto trader, below are the few things to look out for while seeking to choose an exchange
☑️ Check if they have a good customer service. Ascertain their reputation, look out for reviews from their customers.

☑️ Check if they have social media pages such as facebook, twitter, instagram, and sometimes medium, LinkedIn, etc.where users can possibly comment, and criticize if they have any issues with their trading platform.

☑️ Check if they are on coinmarketcap via this link: https://coinmarketcap.com/rankings/exchanges/
However, it is important to note that having an exchange listed on coinmarketcap is never a guarantee that it's going to exchange.
☑️ Make sure you go through their terms of service, this is where most people make a mistake, because they will just click on the agree box without taking time to go through the policy they are about to agree to. Check if the policy will favor you in any way, and also so that you don't end up doing things that contradicts the exchange policy at your own detriment.
☑️ Check if they are fund of deleting the account of users, do your research, ask questions. This is why you need to belong to a crypto community in order to avoid so many things that will be place you in a disadvantaged position.

On my next post, I'll be talking about TRADING OF S**T Coins and I am looking forward to having you around.

I trust you have learnt something today? Let me know your thoughts and concerns on the comment section.

Thank you for reading ❤️❤️

29/11/2019

CLICKING ON PHISHING LINKS (visiting fake websites)

It's good to be back talking about this, so let's learn some more today. Shall we?

What Is Phishing?
A phishing website (sometimes called a "spoofed" site) tries to steal your account password or other confidential information by tricking you into believing you're on a legitimate(right) website. You could even land on a phishing site by mistyping a URL (web address).

Fraudsters send fake emails or set up fake web sites that mimic Binance sign-in pages (or the sign-in pages of other trusted exchanges, such as Bitmex or Okex and so on) to trick you into disclosing your user name and password. This practice is sometimes referred to as "phishing" because the fraudster is "fishing" for your private account information. Typically, fraudsters try to trick you into providing your user name and password so that they can gain access to an online account. Once they gain access, they can use your personal information to commit identity theft, read your email, and lock you out of your online account by changing your password, then transfer all your crypto assets.

Sad right? 😢

If you receive an email (or instant message) from someone you don't know directing you to sign in to a website, be careful! You may have received a phishing email with links to a phishing website.

Don't be too quick to click on links shared by people you don't really know or feel you can trust.

Just of recent, I received a message from a friend on facebook and the message goes thus "Emmanuel Jacobz Hey! Is that video yours?"
The message came with a thumbnail that made it look like a YouTube video and a link was embedded in it, that leads to phishing site pretending to be a YouTube link, although I knew it was a phishing site, I had to click on it to see what would be their requirements, talk about curiosity, aren't we all? 😀, so I clicked on it and it required that I logged into my facebook account, I laughed, because I knew what they were up-to.

We know these things 😀. It is important that you're aware of their modus operandi.

But it is quite sad that many people, because of ignorance were victims already, I later learnt that the person that sent me the link was already a victim of that, her account was hacked and the fraudster was the one who sent me the phishing link after gaining access to here Facebook account.

These things are becoming quite rampant, we should try to show more introspection.

clicking on most links people do share on social media asking you to claim data bundles, airtime and other related stuffs is very dangerous, because most of these links will not necessarily require you to login into any account but clicking on them will grant them access to your device, and will cause your device to misbehave.

Please take necessary precautions.. It's hurtful when people try to rob people of what they worked tirelessly for. It's a sad world where people don't want to put in work and are desirous to reap where they didn't sow.

I wouldn't want you to be a victim, so it's important you take these things into consideration.
📌 Be very careful lest you be fooled by a site that looks real. It's easy for phishers to create websites that look like the genuine article, complete with the logo and other graphics of a trusted website.

Clicking on phishing links does not go without side effects on cryptocurrency transactions.
If you have clicked on any of these links before now, your device is at risk and you're liable to send crypto assets to the wrong wallet address.
Make sure you carefully check the wallet address before and after copying them, and check again before transferring any crytpo assets because they can automatically be replaced by fraudsters immediately after you have copied and you get to notice after sending coins, that you were sending to the wrong wallet address.
Resetting your device to its factory settings can protect you from this.

Just before I am done for today, take this Important notice:
📌If you're unsure about a website, do not sign in. The safest thing to do is to close and then reopen your browser, and then type the URL into your browser's URL bar. Typing the correct URL is the best way to be sure you're not redirected to a spoofed site.

On my next post, I will be talking about "USING OF FAKE EXCHANGE". I'm hoping to see you then but for today, kindly let me know if you have learnt something today in the comment section.

Thank you!

21/11/2019

There are certain things you can't ignore. Blockchain is one of them, it is the internet 2.0.

When Peter first started working with Cryptocurrency, he was ridiculed by his family and friend. His father wondered why he would send his son to school to read engineering and he left working in a profitable oil company to pursue a career in the block chain industry.
That story actually changed, his father is playing another tune. He is proud of his son.

There are persons slaving away in offices earning a meager salary that finishes before they collect it.

There are persons dissatisfied with the level of productivity they are experiencing at work, they keep groaning about Mondays but they can't quit, because they are scared of what the future holds.

You can decide to do a thoroughly stressful 9-5 job that doesn't pay your bills or you can be like Peter and go for what you want. People will adjust when they see the results.

Cryptocurrency has gone mainstream and it's just been eleven years. This is where the world is definitely headed to.

There's a free training on Cryptocurrency--what it is and how you can make money from it. I'll show you all that, for FREE!

It's happening today by 8pm via WhatsApp channel. You're interested? (which you really should be), send your name and state to 07016138292 on WhatsApp

See you in training.

20/11/2019

FAILURE TO BACK UP YOUR PRIVATE KEYS

What are private keys?
Private keys are alphanumeric long strings(combination of alphabets and numbers) that allow bitcoins and altcoins to be spent.

Every Bitcoin and altcoins wallet contains private keys, which are saved in the wallet file because a private key is the "ticket" that allows someone to spend Crypto currencies.

WHY YOU SHOULD BACK UP YOUR PRIVATE KEYS
It is very important that you keep your private keys secret and safe. Private keys can be kept on computer files, but can also be written down on a paper.

If you miss your device, it is your private keys that you will use to recover your account and regain access to your coins/tokens.

This is an example of a private key 👇
5Kb8kLf9zgWQnogidDA76MzPL6TsZZY36hWXMssSzNydYXYB9KF

I was able to recover my funds when my device got lost some time ago. If I'd failed to backup my private keys, I would have lost my account totally. So, I strongly recommend that you backup your private keys.

If you do decide to backup your private keys, then you must store them somewhere securely so they cannot be found and used by anyone not authorised to do so - remember if someone knows your wallet’s private keys, they can spend your cryptocurrency assets!

DANGERS OF NOT BACKING UP PRIVATE KEYS
1. Your funds is not yours if you don't back up your private keys.
2. You cannot not have access to your wallet and your assets using another device.
3. You won't be able to recover your coins/tokens if your device is stolen, damaged or misplaced.

Make sure you also prevent your private keys from being accessible to others, so no one gets to have access to your coins and tokens.

CLICKING OF PHISHING LINKS
This is one of the factors that grants third parties access to your wallet and funds. Be careful about the links you click on while surfing the internet.

Thank you for reading, kindly click on the share button, so your friends can benefit from this too, if you have questions, please don't hesitate to ask in the comment section.

19/11/2019

USING THE WRONG WALLET

What is wallet?
In simple terms, a “wallet” in cryptocurrency is similar to bank account, where crypto users can store, send and receive coin/tokens, while banks use account number for sending and receiving of funds, Crypto uses wallet address which is an alphanumeric long strings (combination of alphabets and numbers)

WHAT WALLET AND WHY?
In Crypto currency, every user has a maximum control over his/her funds, (if they have their private keys), as such one has to be extra careful with what wallet to choose. As a crypto trader or investor, you don't need to use every wallet you see online to store your coins/tokens.
If you want to go into buying and selling Bitcoin on a regular basis, then you don't need to use exchange wallet such as Binance, Bitrex, poloniex, to avoid delays, and you don't want to use exchange to send out BTC that is below $100 since it always have a fixed transaction fee ranging from $4 and above depending on the current Bitcoin price. Using exchange to send out BTC that is $1,000 and above is more preferable as you get to pay a fixed amount of charges on exchange that is not charged based on the volume of BTC you're sending.

BLOCKCHAIN WALLET
Personally, I like using Blockchain wallet, so I think it's one of the user friendly bitcoin wallet where you can easily use to store, send and receive Bitcoin (BTC), Ethereum (ETH), Bitcoin cash (B*H) and Stellar (XLM)

HARDWARE WALLET
A hardware wallet is a special type of Bitcoin wallet which stores the user's private keys in a secure hardware device, Hardware wallets are secure, offline devices. They store your private keys offline so they can't be hacked.
This means you can even use one on a malware infected computer.

TYPES OF HARDWARE WALLETS
Ledger
Trezor
KeepKey
Etc.

PRIVATE KEYS
It is preferable you use a wallet that gives you the ability to own your private keys because without private keys you don't own your coins, I'll talk more on this on my next post.

Thank you for reading. Hope you have learnt something today?

18/11/2019

My name is Emmanuel Jacobz

I'm a crypto trader and investor.

In 2016, I learnt about cryptocurrency and began trading. Passionate about making money, I jumped into buying the wrong coins, joined ponzi schemes and other get rich quick schemes. I made some money, I lost a lot as well.

I don't like doing things from a place of ignorance, so I paid someone to guide me through. This proved futile as I lost more than 50% of my portfolio in an interval of one month.

With an undeniable passion to learn, I met an expert and enrolled on his platform, after a few weeks, I was able to recover my loss and today I'm not regreting the bold step I took.

By God's grace, I've been in this ecosystem for 3years now and I know what a great percentage of the world's population don't know about cryptocurrency.

In this regards, I want to help as many people as possible by coaching them for free on the topic/subtopics stated below reason being, this is my birth month and I wish to do a giveaway to the community, it's not what we're going to finish in a day, it's going to be a 5 weeks journey and we'll be treating 2 subtopics in a week.

This is going to require a great deal of time and effort, but I'm prepared to do this as a means of giving back. I am passionate about you taking the right steps in your crypto currency journey. You don't need to make the mistakes I made. I can guarantee you, most of the things I'll be sharing
might even be foreign to experts.

So here:
10 mistakes you must avoid as a crypto trader

1. Using the wrong wallet
2. Failure to back up your private keys
3. Clicking on phishing links
4. Using fake exchange
5. Trading of sh*tcoins
6. Absence of a trading strategy
7. Not knowing when to enter or exit a trade
8. Being greedy
9. Trading pump and dump
10. FOMO (Fear Of Missing Out) and FUD (Fear Of Uncertainty And Doubt).

See you in all these series

Tell a friend.

02/11/2019

We are always buying Bitcoin in bulk

Digital swap

17/12/2019

12/12/2019

10/12/2019

05/12/2019

04/12/2019

29/11/2019

21/11/2019

20/11/2019

19/11/2019

18/11/2019

02/11/2019

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