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permlink | everyone-wants-money-but-few-understand-what-is-required-for-it |
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title | "Everyone wants money, but few understand what is required for it" |
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body | "<div class="text-justify">
Analyzing how things work in terms of economy and people's wealth, we see how great ideas are important for success.
But sometimes a great idea is not enough, and sometimes it is not even necessary to have a good idea (or a brilliant idea) in order to achieve economic success; because all it takes is identifying a need, one thing you can fill what people need or want it and supply it.
When we do something like this, money will come to us by the hand full, and it won't matter if we are the only one who can meet that need or not; because by force most of us are comfortable, and we like what is known, what is easy, what is fast (talking in terms of little effort); and if someone provides us with a good or service that meets such characteristics, then we are willing to pay for it and give preference to it over others that are similar.
<br><center>
[Image Source](https://pixabay.com/illustrations/dollar-currency-funds-banknotes-2091739/)</center>
What I have mentioned so far may be confusing, but it is actually very simple; between two specific brands of the same good or service (Let's call them Brand "A" and Brand "B"); the consumer will always prefer the brand that is more renowned, that is better known and that has been on the market for a longer time; even if the good or service you offer is slightly lower quality than your competitor's. Yes, I know, it seems incredible, but that's how the world and markets work.
So many times it is not necessary to excel at something, or be the best at what we do to achieve economic success. Perhaps a factor highly underestimated by all most of the time also comes into play: Luck.
In any case, luck is an underestimated factor because being random, we cannot count on it; so we can never rely on luck, but on what we can see, touch and verify.
### Making money today is not difficult, the difficult part is knowing what to do with it
Because if we win 10 million dollars in the lottery, would we know what to do with that amount of money? And no, I'm not talking about what we would spend such an amount of money on... Because luxuries, comforts and things to spend them on there will millions of things; The question I ask is... Would we know exactly what to do with such an amount of money in terms of investment? That is, in terms of putting the money to production, would we know what we would do in such a case?
Most likely the answer to this question is negative... Relatively few people in the world would know what to do in such a case... And it should not surprise us, after all, 90% of the world's population lives in poverty; which allows us to realize that poverty is not a phenomenon that cannot be explained. It depends a lot on preparation, it depends a lot on opportunity, education, awareness, etc.
This is not about the old discourse of the rich being rich because they have taken money and opportunities from the poor, because that is the discourse of the socialists and communists, it is rather about the fact that the majority of the poor are poor because of themselves.
It sounds harsh, but it is an undeniable reality, because as the well-known saying goes "If you are born poor, it is not your fault, but if you die poor, that is your fault". But most poor people prefer to blame others for their poverty, because it is easier and more comfortable to blame someone else for one's own failures.
And it is as simple as saying that if you do not know what you would do to produce more money in the case of having millions of dollars available in your bank account, then there is the problem, and the reason why you are currently poor.
And that's when I say that everyone wants money, but few understand what is required for it.
**What do you think about the topic discussed? Please comment.**
<br><center>
<sub>**Gif created by @piensocrates**</sub></center>
</div>
Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@piensocrates/everyone-wants-money-but-few-understand-what-is-required-for-it)" |
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title | "Crypto wallets: Types, security features, and best practices. " |
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body | "
Cryptocurrency wallets are a crucial part of the ecosystem surrounding cryptocurrencies. These are electronic wallets that hold and control a user's cryptocurrency holdings, including Bitcoin, Ethereum, and alternative cryptocurrencies. For anyone interested in buying, selling, or using cryptocurrency for online transactions, these wallets are a necessity.
Owning a crypto wallet, however, entails a number of hazards, including the potential for total fund loss as a result of hacking or theft. Understanding the many kinds of crypto wallets that are available, their security features, and best practices for using them is crucial for this reason.
We'll explore the different kinds of crypto wallets out now, their security features, and the best ways to use them to protect your investments in this article.
**Types of Crypto Wallets**
There are various forms of cryptocurrency wallets, including hardware, software, and paper wallets. Let's examine each type in more detail:
**Hardware Wallets**
Hardware wallets are tangible objects that enable offline cryptocurrency storage. When you need to complete a transaction, you simply insert one of these into your computer just like a USB device. As they are not connected to the internet and are therefore less vulnerable to hacking attempts, they are the most secure sort of crypto wallet currently available.
Hardware wallets provide recovery or seed phrases that can be used to restore your wallet if you misplace the device. Trezor, Ledger Nano S, and Keep Key are a few well-known hardware wallets.
**Software Wallets**
On your PC or mobile device, software wallets are digital wallets that house your cryptocurrency. They have an internet connection and a software program that allows access to them. Desktop, mobile, and web wallets are further categories for software wallets.
The private keys are kept on desktop wallets, which are installed on your computer. Compared to web wallets, they provide more protection, however hacking attempts can still be made against them. Electrum, Exodus, and Bitcoin Core are a few well-known desktop wallets.
Mobile wallets function similarly to desktop wallets and are installed on your mobile device. Although they are easier to use, they are also more vulnerable to hacker efforts. Other well-known mobile wallets include Coinomi, Jaxx, and Mycelium
Online wallets that can be accessed with a web browser are called web wallets. Because the private keys are kept on a third-party server, they are less secure than hardware or software wallets. Blockchain.info, Coinbase, and MyEtherWallet are a few of the well-known web wallets.
**Paper Wallets**
Your public and private keys are physically stored in paper wallets. The public and private keys are printed out as a QR code, and the printed document is then placed in a secure location to create them. Although they are the cheapest option, paper wallets are also the most prone to theft. Your money will be lost permanently if the document is lost or destroyed.
**Security Features of Crypto Wallets**
Cryptocurrency wallets provide a number of security measures that assist protect your investments. Some of the most popular security features are listed below:
**Two-Factor Authentication**
A second form of identity, such as a fingerprint, face recognition technology, or a code given to your mobile device, is needed to access your wallet when using two-factor authentication (2FA), an added layer of security. Because of this, even if someone knows your password, they can't access your wallet without your permission.
**Multisignature Authentication**
A security feature known as multisignature authentication (multisig) necessitates numerous signatures from various parties in order to execute a transaction. For instance, a transaction might need three signatures: the sender's, the receiver's, and a third from a reliable source. This increases the security of your wallet and aids in preventing illegal transactions.
**Seed Phrases**
A set of words known as a "seed phrase" is used to recover your wallet in the event that it is misplaced or destroyed. Typically, a phrase between 12 and 24 words is produced when you construct your wallet. To guarantee that you can retrieve your assets in the event that your wallet is lost or stolen, it is imperative to put your seed phrase in a secure location, such as a safe or a password manager.
**PIN and Password Protection**
A fundamental security feature that prevents unauthorized access to your wallet is PIN and password protection. To prevent illegal access to your wallet, it's crucial to pick a strong password and keep it secret.
**Encryption**
Your private keys are encrypted so that they become a code that cannot be decoded on its own. It increases the security of your wallet by preventing unauthorized access to your private keys.
**Backup and Recovery Options**
Important features that enable you to retrieve your wallet in the event of a device malfunction or loss are backup and recovery options. In order to aid you in recovering your assets in the event that your device is lost or stolen, the majority of wallets include backup and recovery solutions including seed phrases and backup files.
**Choose a Reputable Wallet Provider**
In order to guarantee the security of your investments, pick a reliable wallet service. Choose a wallet provider that has a solid reputation and a history of offering safe and dependable services. When selecting a wallet service, do your homework and read reviews.
**Keep Your Software Updated**
To guarantee that you get the most recent security features and bug patches, keep your wallet software updated. To enhance security and performance, the majority of wallet providers frequently upgrade their software.
**Store Your Seed Phrases and Passwords Securely**
To prevent unauthorized access to your wallet, securely store your seed phrases and passwords. Avoid sharing them with anybody and keep them in a secure place, such a safe or a password manager.
**Avoid Public Wi-Fi Networks**
Avoid accessing your money on public Wi-Fi networks. Public Wi-Fi networks might be a target for hackers because they are frequently unprotected. To access your wallet, connect to a secure internet network, such as your home network.
**Don't Share Your Private Keys with Anyone**
Even if someone claims to be a trusted third party, never give them access to your private keys. Your private keys are the combination to your wallet, and anyone with them can open it and access your money.
**Regularly Back Up Your Wallet**
Make regular backups of your wallet to ensure that, in the event that your smartphone is lost or stolen, you can get your money back. To assist you retrieve your money, the majority of wallets offer backup and recovery tools including seed phrases and backup files.
Anybody who is interested in cryptocurrencies needs a crypto wallet. They offer a safe and practical method for managing and storing your investments. Owning a crypto wallet, however, entails a number of hazards, including the potential for total fund loss as a result of hacking or theft.
Understanding the numerous kinds of crypto wallets that are available, their security features, and best practices for using them is crucial for keeping your money secure. Your assets may be kept safe and secure by selecting a reliable wallet provider, keeping your software up to current, saving your seed phrases and passwords securely, avoiding public Wi-Fi networks, not revealing your private keys with anyone, and routinely backing up your wallet.
[IMAGE SOURCE ](https://unsplash.com/s/photos/Crypto-Wallets)
Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@lefa/crypto-wallets-types-security-features-and-best-practices)" |
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parent_permlink | hive-161155 |
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author | jjqf |
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permlink | mensaje-diario-de-5-minutos-herramientas-manuales-por-jjqf-daily-5-minute-message-hand-tools-by-jjqf |
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title | "Mensaje diario de 5 minutos - Herramientas manuales - Por JJQF / Daily 5 minute message - Hand tools - By JJQF" |
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body | "<center></center>
> [Fuente:](https://img.freepik.com/foto-gratis/juego-herramientas-manuales-suelo-madera_1150-15367.jpg?w=1380&t=st=1676930098~exp=1676930698~hmac=97dacc20e54776a6e04225a7d0efd7dfa25528b901acd2fb36850792753b37c2) Freepik
Dicen por ahí que cada uno tiene sus formas de hacer las cosas y esto es del todo serio, por ejemplo, en el caso de los que nos gusta “trastear”, fabricar o arreglar cosas por nuestra cuenta, podemos tener preferencias por algunas herramientas por encima de otras, con esto me refiero a que por ejemplo algunas veces nos resulta mejor o más cómodo usar herramientas manuales que otras automáticas, bien sea por el tipo de acabado o por facilidades.
Pues también existe el chance de que por ejemplo no tengamos esa precisión que tenemos con la manual sobre aquella automática como para poder encontrar la definición perfecta a nuestro parecer, como sí que por ejemplo se pudiera tener con alguna computarizada, pues estás, sí que son muy precisas, pero costosas al mismo tiempo y muchas veces nuestros presupuestos no nos dan para hacernos con una de estas o simplemente por temas de espacios.
Lo cierto es que cada uno puede gustarle o no usar ciertas herramientas y tener una afinidad por alguna de estas, y es donde digo que muchas veces, de acuerdo a la tarea, es mejor tener comodidad siempre que sea posible y aún mas si la labor es extendida en tiempo o si nos facilita o no ciertas cosas.
Puesto que hay casos en los que podemos encontrar ventaja al usar cierto tipo de herramienta y esto es algo a tomar en cuenta, y que algunas veces si no disponemos de alguna herramienta automática, podemos fabricarnos siempre alguna manual con algo de ingenio y materiales que tengamos disponibles y muchas veces es algo que tiene su encanto, y generalmente no suelen ser difíciles fabricarlas de manera casera y ahorrarnos un poco de dinero en el camino a la vez que aprovechamos material que podría hasta ser descartado.
<center></center>
> [Fuente:](https://images.hive.blog/DQmYaJ2n8ScVFxhCUuUXFPhbNadx3PNSHwd7whrEept9oEX/image.png "This link will take you away from hive.blog") Extraído del blog de [@latino.romano](https://hive.blog/@latino.romano) para el mensaje diario de 5 minutos.
Este texto corresponde a mi participación en el reto diario del amigo [@latino.romano](https://hive.blog/@latino.romano) y [@mariannewest](https://hive.blog/@mariannewest) el cual tiene por regla que pueden ser: pensamientos, relatos, poemas, anécdotas, canciones o cualquier otra cosa que se te ocurra en cinco minutos. Les invito a participar, gracias por leer mi post y llegar hasta esta parte del mismo, gracias por el apoyo y no me despido sin previamente desearte un feliz día, tarde o noche, nos vemos en una próxima oportunidad.
<center><H2>English Translation</H2></center>
<center></center>
> [Source:](https://img.freepik.com/foto-gratis/juego-herramientas-manuales-suelo-madera_1150-15367.jpg?w=1380&t=st=1676930098~exp=1676930698~hmac=97dacc20e54776a6e04225a7d0efd7dfa25528b901acd2fb36850792753b37c2) Freepik
They say that everyone has their own way of doing things and this is quite serious, for example, in the case of those who like to "tinker", make or fix things on our own, we may have preferences for some tools over others, I mean that for example sometimes we find it better or more comfortable to use hand tools than other automatic, either by the type of finish or facilities.
Well there is also the chance that for example we do not have that precision that we have with the manual over the automatic one to be able to find the perfect definition in our opinion, as for example we could have with a computerized one, because these, yes they are very accurate, but expensive at the same time and often our budgets do not give us to get one of these or simply because of space issues.
The truth is that everyone can like or not to use certain tools and have an affinity for any of these, and that is where I say that many times, according to the task, it is better to have comfort whenever possible and even more if the work is extended in time or if it facilitates or not certain things.
Since there are cases in which we can find advantage in using a certain type of tool and this is something to take into account, and that sometimes if we do not have any automatic tool, we can always make us some manual with some ingenuity and materials that we have available and often is something that has its charm, and generally are not usually difficult to manufacture them homemade and save us a little money along the way while we take advantage of material that could even be discarded.
<center></center>
> [Source](https://images.hive.blog/DQmYaJ2n8ScVFxhCUuUXFPhbNadx3PNSHwd7whrEept9oEX/image.png "This link will take you away from hive.blog"): Extracted from [@latino.romano](https://hive.blog/@latino.romano)'s blog for the 5 minutes daily message.
This text corresponds to my participation in the daily challenge of my friend [@latino.romano](https://hive.blog/@latino.romano) and [@mariannewest ](https://hive.blog/@mariannewest)which has as a rule that can be: thoughts, stories, poems, anecdotes, songs or anything else that comes to mind in five minutes. I invite you to participate, thank you for reading my post and get to this part of it, thanks for the support and I do not say goodbye without wishing you a happy day afternoon or evening, see you in a next opportunity." |
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json | "{"contractName":"tokens","contractAction":"transfer","contractPayload":{"symbol":"BXT","to":"pompeylad","quantity":"0.024","memo":"New Year Beeswap fee return :)"}}" |
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json | "{"contractName":"tokens","contractAction":"transfer","contractPayload":{"symbol":"SWAP.HIVE","to":"pompeylad","quantity":"119.13741","memo":"Thank you for using BeeSWAP :) 033b37b68e24cedc241a5089866e77d549303e50"}}" |
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author | yeckingo1 |
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permlink | rising-star-giveaway-win-1-8bdd9a997d0c7 |
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1. | parent_author | bitcoinflood |
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parent_permlink | what-s-new-with-hive-blockchain-feb-19th |
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author | behiver |
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permlink | re-bitcoinflood-6sby2r |
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title | "RE: What's New With Hive Blockchain Feb 19th" |
---|
body | "Cool to see PsyberX grow, I am one of the first investors and hold a founder NFT, even if I am not actively involved in it due to time limits. But it surely has a positive response from the community and it keeps on accruing users.
Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@behiver/re-bitcoinflood-6sby2r)" |
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json_metadata | {"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@behiver/re-bitcoinflood-6sby2r"} |
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json | {"items":["12a4ee3892423b7d4c6a247aa85d63d0b1d50127-91"],"days":2,"currency":"DEC","player":"kynguyen37"} |
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json | {"items":["7f55525685c73ac8c588d703d38ac3af51f7b7da-0"],"days":2,"currency":"DEC","player":"tranzap0147"} |
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