A business plan is a blueprint for success that outlines the objectives and strategies of a business. It is an essential tool for any entrepreneur or business owner to ensure that their goals are met and their businesses thrive. A well-crafted business plan will provide clear direction and help ensure the success of any venture. It should include detailed financial projections, market analysis, competitive analysis, marketing plans, and other information. A comprehensive business plan will be used as a roadmap to guide the company’s growth and development over time.

😂 Memcoins: a scam or an opportunity to make money?
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New cryptocurrencies are thought to be created for the sole purpose of changing the global financial system and bringing a decentralized future closer. But sometimes developers just want to have fun and create meme coins.

➡️ Meme Сoins are cryptocurrencies inspired by Internet memes are called. This is a prime example of a financial asset that has no fundamental value and grows only because of the community.

The very first meme coin, Dogecoin (DOGE), appeared thanks to a meme of Elon Musk with a Shiba Inu dog. Dogecoin traded at $0.0003-7 in late 2013 and reached $0.74 in May 2021.

At the time of this post, DOGE is capitalized at about $11 billion, which means the project is worth more than the U.S. tech company Dropbox.

↪️ What are the dangers of meme coins?

• high volatility
• "rug pull".

Rug pull in crypto is a fraudulent scheme in which developers create a token paired with standard cryptocurrencies like ETH or USDT, place the token on a decentralized exchange and withdraw all funds after purchase by investors.

But is it worth investing your money in meme coins? This is a question for which there is no simple answer. As with all cryptocurrencies, investing in meme coins comes with high risk.

As a business owner, it is important to stay ahead of the competition and be prepared for any changes in the market. In order to do this, you must have a good understanding of the current business environment and know what strategies will help you succeed. This article will provide some useful tips that can help you stay ahead of your competitors and increase
your chances of success.

We will discuss topics such as marketing strategies, financial planning, customer service, and product development. With these tips, you can ensure that your business remains profitable and successful in the long run

Task: Jane and her online store

Jane was going to launch an online store selling sporting goods. She decided to interview the target audience to understand their needs.

Unfortunately, Jane didn't realize that asking the right questions was crucial to a successful interview. As a result, she made a lot of mistakes.

Here are some of the questions she asked. Which one do you think is correct? 🤔

Some Fun Psychological Trick You Should Try on Someone.

1. If you want someone’s attention start the conversation off by saying "I am not supposed to be telling you this"

2. If you want someone to tell the truth, get them to laugh before asking them questions.

3. If you have anxiety while talking to someone chew some gum it tricks your brain into acting calm.

4. If you are in an argument stay as calm as possible and when they are done stay silent and stare at them it will piss them off so much.

5. If someone interrupts you while you are talking carry on talking, they are going to feel awkward and shut up.

6. Trying to hold back your thoughts about someone make you miss them even more.

7. Life becomes more meaningful when you realise you never get the same moment twice.

8. If you want to check if someone is looking at you, yawn then look back at them, if they yawn back, they were looking at you.

9. You are more likely to achieve your goals if you keep it to yourself and write about it.

10. You appear more attractive to others when you make them laugh or smile.

11. Studies show that using hand gestures while speaking makes you seem more trust worthy and desirable.

12. Cheaters tend to think everyone cheats just like liars think that everyone lies.

A selection of Ai services to help cryptan 🍎
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⚫️Stable Diffusion: AI picture generator. You can set different number of parameters, choose number of images (up to 12 variations). A great thing about this service is that when you run out of free credits you just register a new account for a temporary email.

⚫️Summarize.tech: a great service that will make you a summary of a Youtube video. You just paste in a link and you'll know what's being talked about in seconds

⚫️Perplexity AI: a search engine that combines AI and Google. Great for searching and processing information.

⚫️MidJourney: the AI image generator everyone knows about, better in quality than Stable Diffusion above but with a worse interface because it is a discord and also after the free credits you have to buy or create a new ds account.

⚫️Synthesia: text to video generator. You give him the text (which again can be generated) and quite real AI character will read it out. A powerful thing, which will soon replace a lot of your work.

⚫️ChatGPT: an obvious, yet very useful tool that allows you to write and translate articles on any subject. Many people know about it, but this list couldn't be complete without it.

⚫️Slidesai: a service for creating presentations. Just give it the text that ChatGPT generated and it will give you a finished presentation. On the free plan, you can make 3 presentations a month. If you need more, just make a new account.

➕ Let's supplement, especially for you, this list with some huge collections of Ai for almost any purpose:

🟠600 Neuronics: can be a wand at work/study, just pick the industry we want.
🟠750 neurons: good for content makers.

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RISK MANAGEMENT IN TRADING

[Here’s why you need proper risk management in trading]

Imagine:

There are two traders, John and Sally.

They both start with a $1,000 account
John is an aggressive trader and he risks $250 on each trade.

Sally is a conservative trader and she risks $20 on each trade.

Both adopt a trading strategy that wins 50% of the time with an average of 1:2 risk to reward.

Over the next 8 trades, the outcomes are Lose Lose Lose Lose Win Win Win Win.

Here’s the outcome for John:

-$250 -$250 -$250 -$250 = BLOW UP

Here’s the outcome for Sally:

-$20 -$20 -$20 -$20 +$40 +$40 +$40 +$40 = +$80

Do you see the power of risk management?

So here’s the deal:

As a trader, you’ll encounter losses regularly.

But with proper risk management, you can contain these losses till it feels like an “ant bite”.

How do crypto projects make money? 💰
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Blockchain projects have become a radically new "business model" that has enormous potential to change any industry. And for the investors attracted to the projects, it is the potential that will later be realized in the form of profit that is an important factor when investing funds. The question arises: thanks to what do cryptoprojects generate income?

➡️ Mechanism for receiving and distributing blockchain funds (using Ethereum as an example):
Ethereum, like most other blockchains, consists of a network of validators, smart contracts, and users. When a user interacts with the network, they pay a transaction fee, also known as a "gas fee." A fee, a certain portion of which is "burned off" and another portion is given to the validators.

➡️ Common metrics for most projects when calculating the financial part:

Fees (gas fees): these are fees that users pay for using a protocol or network (gas fees in Ethereum, transaction fees in Uniswap, etc.). The fees are distributed as follows:

- A portion is given to validators who help run the network (validators on Ethereum, liquidity providers on Uniswap, etc.).
- Some of the money goes back to the token holders (often through token burns).
- Another type of expense is the creation of new tokens, which are created and paid to validators or miners.

But if we look at projects like CEX/DEX, the list of revenue sources can add:
- listing fees;
- withdrawal fees;
- market making possibilities.

➡️ What kind of product do blockchains create?

The product of any blockchain is the individual blocks in which transaction data is stored. If you want to complete a transaction, you need to buy space on the next block in the chain.

Let's take bitcoin as an example. Bitcoin has a memory capacity of 1 MB per block. There are 500 to 2,000 transactions per block, with a minimum storage size of 258 bytes. And in order to make a bitcoin transaction, you buy a block in its blockchain.

➡️ Ethereum, on the other hand, has smaller blocks - up to 80 KB. Depending on its complexity, its block can store from 2 to 200 transactions. Ethereum is much faster: in 10 minutes it carries out 4 MB of transactions, while Bitcoin has only 1 MB. More transactions per hour = more revenue (i.e. commissions).

🟠In our new infographic you can see the ranking of projects by the amount of fees.

❔ You may have noticed that we make a lot of theoretical content.  And now an important question: would you be interested in content about how you can make money in the field of cryptocurrencies?

👍 - Make theoretical / educational content
🔥 - Add content on earnings on the crypto

How not to get caught by scammers? 😱
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On the first part of the safety guide you put a lot of reactions. We heard you and prepared the second part. If you have any questions, feel free to ask them in the comments. We will answer all of them.

1️⃣ Personal messages
When you fill out forms to get into Whitelist, or even just following the project, you join official Telegram and Discord groups (other social networks are also possible) and then suddenly you get a personal message that "you won" or "you were selected" or shortly before the token is put on the market, you may receive a message with a token contract.

100% it will be scammers. They monitor users who joined groups and start sending personal messages.

Never follow links from private messages, don't reply to them and delete/block the chat immediately so as not to lose your funds.

You can minimize the appearance of such messages through the security settings in the app:

• In Telegram, we recommend banning them from adding you to groups.
• Discord has a feature to prohibit private messages.

Don't be afraid to close and delete private messages from unknown contacts, because administrators of the projects you follow will never write to you first.

2️⃣ Email
Sometimes you may get a message about a prize or some other information from the project to your email.

The first thing you should do is to check the sender of the message. In 99% of cases they will say through their official media that they send out a mail to the users and they will say which e-mail it should come from.

Also we want to warn you against downloading any files from e-mails of unknown senders, even text ones, as it can cause installation of malware.

3️⃣ Fishing
Phishing sites are quite common.

These are copies of project sites, games or entire exchanges, by connecting to them or by signing a contract you can lose your funds. Don't be a "fish".

You may be wondering, how do you know the official channel of a project?

• First, when publishing information on the channel, we always attach links to the site/channel or other official source.
• Second, you may also find the links you need on aggregator sites like CoinMarketCap or CoinGecko (if the project is already launched, the token contract address is also available there).

4️⃣ OTC
When you got in the whitelist of any project (or not), you may want to sell your purse or buy another one. To do this, we all use a kind of "markets" - OTC. But, as in any market, here too we will be expected by amateurs of profit. Guarantor can be in collusion with the seller, or the seller can write off your money from the purse purchased. There are many other situations that can arise and bring you a loss. We recommend using only verified OTC and always refer to guarantors and check if the guarantor mentioned in OTC matches with the person you are dealing with.

If you try to combine all of the above in one sentence in this section - check the sources of information very carefully. This will help you save your money.

Types of investment portfolios 💵
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If you collect a portfolio for school, then only in a bear market. Today we help you decide on the type of portfolio for your goals.

1️⃣ Conservative
This type of portfolio consists of more stable assets. They have a low level of risk, but also correspondingly low return potential. These include "old-timers" who have been trading for a long time. And assets with high capitalization. As an example: BTC, ETH, LTC.

2️⃣ Aggressive
Focuses on high returns, but has a high level of risk. Such a portfolio usually consists of small-cap altcoins and those which can hype the next bull: APT, ARB, IMX, etc.

3️⃣ Balanced
Includes assets from a conservative portfolio and from an aggressive portfolio. The optimal combination of risk and return will keep you from losing money and save your nerves.

4️⃣ Modernized
Its content is constantly changing to achieve higher returns and lower risks. Suitable for active market participants who are ready to "transfer" funds from one asset to another on a regular basis.

5️⃣ Inefficient
Such a portfolio has no clear goals. High risk, low return. It is dominated by randomly selected assets. Or maybe even memcoins.

Each type of portfolio must be strictly consistent with its goals. It's the goals that determine the type, not the other way around.

What it means to earn money

You earn money when you trade your time and energy for money. In other words, you work for an hour, you get paid for an hour. It doesn’t matter whether you’re being paid by the hour or you receive a monthly salary – you’re still paid by someone else in exchange for your time and energy.

It’s important to remember that when you’re earning money, you are usually dependent upon some other entity – be it an individual, business, non-profit organization or government div – for the money that supports your lifestyle. Also remember that, generally speaking, your time and energy are finite resources. There are only 24 hours in a day and you only have so much physical and mental energy to go around.

An additional distinction is that when you earn money, you only get paid once for every hour you work. Remember this as we explore the idea of making money next. This is where it starts to get interesting (and a whole lot more fun).

And while we’re on the topic of finding and choosing partners, it’s better to become the perfect partner than it is to try and find the perfect partner. Think about that.