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Ahmedo24

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Ask Ahmedo24
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12 Questions
Home» Ahmedo24»Answers
  • About
  1. Asked: August 15, 2023In: Crypto & Forex

    Between crypto currency and business, which pays faster?

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 15, 2023 at 2:56 pm

    Cryptocurrency trading or investment is also a business because it involves you investing money to make a profit. However, I will say both cryptocurrency and non-cryptocurrency are good ways to make money depending on your expertise and experience. If you must run a crypto business, you should be awRead more

    Cryptocurrency trading or investment is also a business because it involves you investing money to make a profit. However, I will say both cryptocurrency and non-cryptocurrency are good ways to make money depending on your expertise and experience.

    If you must run a crypto business, you should be aware of the risk involved due to its volatile nature and understand the analysis before you invest your money. In the same way, other businesses require feasibility studies and an understanding of the concept.

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  2. Asked: August 12, 2023In: Blogging, Websites & Online Skills

    What should i do to make money as a blogger

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 15, 2023 at 2:28 pm

    Blogging can be profitable if you get it right in the game. However, it is not as easy as portrayed by many because there are hurdles you must cross to succeed in the game. Firstly, you must know about WordPress because that is where you launch your content. There are different WordPress you can expRead more

    Blogging can be profitable if you get it right in the game. However, it is not as easy as portrayed by many because there are hurdles you must cross to succeed in the game. Firstly, you must know about WordPress because that is where you launch your content. There are different WordPress you can explore your Yoast, Rank math, etc. Secondly, you must know how to create helpful content through SEO knowledge.

    Thirdly, network with successful bloggers to get more tips to succeed.

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  3. Asked: August 15, 2023In: Blogging, Websites & Online Skills

    How can someone choose the right niche in blogging?

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 15, 2023 at 2:15 pm

    The niche you choose in blogging determines the sustainability and progress of the project. So in choosing the best niche to settle for you must consider the followings: Passion: Pick a niche you love to engage in naturally so that you don't easily get discouraged when faced with challenges. Trends:Read more

    The niche you choose in blogging determines the sustainability and progress of the project. So in choosing the best niche to settle for you must consider the followings:

    Passion: Pick a niche you love to engage in naturally so that you don’t easily get discouraged when faced with challenges.

    Trends: You must also study what is trending because traffics are essential for the profitability of a blogging business or investment.

    Expertise or Experience: You should consider your experience or understanding of the dynamism in the niche and how easily you can optimize your content.

    Some of the hot niches include travel, cryptocurrency, money-making, apps and software.

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  4. Asked: August 15, 2023In: Money & Business

    What are the drawbacks of manufacturing business

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 15, 2023 at 6:56 am

    One of the major drawbacks manufacturers face is unfavorable government policy because their activities are regulated. Another challenge is access to a loan facility because running a manufacturing industry can be capital intensive but with the support of loans, the business can make a headway. In aRead more

    One of the major drawbacks manufacturers face is unfavorable government policy because their activities are regulated.

    Another challenge is access to a loan facility because running a manufacturing industry can be capital intensive but with the support of loans, the business can make a headway.

    In addition, most manufacturing businesses do go bankrupt after a while due to lack of sustainability plans for the business.

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  5. Asked: August 14, 2023In: Crypto & Forex

    Is there any risk in crypto investment

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 14, 2023 at 5:11 pm

    Almost everything about cryptocurrency is a risk because whether you are trading it for a short time, or a long time, or you are engaged in Arbitrage your decision could be favorable or otherwise. You must understand the risk analysis of the investment before venturing into it and be aware of its hiRead more

    Almost everything about cryptocurrency is a risk because whether you are trading it for a short time, or a long time, or you are engaged in Arbitrage your decision could be favorable or otherwise. You must understand the risk analysis of the investment before venturing into it and be aware of its high volatility.

    However, you can minimize the risk, if you understand the fundamental and technical analysis of the crypto assets and the market. It is through this analysis that experts predict the direction of the market.

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  6. Asked: August 14, 2023In: Crypto & Forex

    How Do You Know a Cryptocurrency Scam?

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 14, 2023 at 7:15 am

    You can also check out the people who are behind the cryptocurrency projects and if they have executed any projects in the past. The white paper and air-dropping activities also determine the legitimacy of cryptocurrency projects. In addition,  you should also be sensitive to the aims and objectivesRead more

    You can also check out the people who are behind the cryptocurrency projects and if they have executed any projects in the past.

    The white paper and air-dropping activities also determine the legitimacy of cryptocurrency projects. In addition,  you should also be sensitive to the aims and objectives of the projects and how they will benefit the crypto space.

     

    The level of participation in the projects can also be a pointer on whether it is legitimate or not. However, you should be careful of investing heavily in infant cryptocurrency projects.

     

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  7. Asked: August 11, 2023In: Crypto & Forex

    Why did cryptocurrency business needed patient ?

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 14, 2023 at 7:00 am

    Patience, understanding, and risk tolerance are the key components that can help you succeed in trading or investing in cryptocurrencies. This is because the assets are volatile and you must understand this. You could enter a trade and immediately the price begins to go down before it consolidates,Read more

    Patience, understanding, and risk tolerance are the key components that can help you succeed in trading or investing in cryptocurrencies. This is because the assets are volatile and you must understand this.

    You could enter a trade and immediately the price begins to go down before it consolidates, if you are not patient with such a scenario and out of fear you close the trade. You will experience a loss but by having an understanding of how cryptos behave you will be fine.

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  8. Asked: August 14, 2023In: Crypto & Forex

    How to Optimize Arbitrage Trading Profits?

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 14, 2023 at 6:50 am

    You can optimize your cryptocurrency arbitrage portfolio simply by understanding the technical analysis of the market and that of the different exchange platforms. You must know the compatibility of the blockchain network before anything else. .Also, Crypto arbitrage is only profitable if you have aRead more

    You can optimize your cryptocurrency arbitrage portfolio simply by understanding the technical analysis of the market and that of the different exchange platforms. You must know the compatibility of the blockchain network before anything else.

    .Also, Crypto arbitrage is only profitable if you have a significant amount of money because most times the price difference is usually a few cents.

    In addition, your network must be efficient to execute your trade before the abnormalities are corrected within the exchanges.

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  9. Asked: August 12, 2023In: Crypto & Forex

    Have you made any money from cryptocurrency investment?

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 12, 2023 at 12:01 pm

    Yes, I have made a significant amount of money from cryptocurrency investment, especially from the Binance exchange platform. My strategy then was investing in coins that were less than one dollar. I could take 105 USD then spot like ten different coins on Binance that are a few cents and invest inRead more

    Yes, I have made a significant amount of money from cryptocurrency investment, especially from the Binance exchange platform. My strategy then was investing in coins that were less than one dollar. I could take 105 USD then spot like ten different coins on Binance that are a few cents and invest in them on average of $10 and above.

    I do this with the intention of the coins for up to a month by constantly watching their market trend to take decisions. Luckily, most of them were always in my favor with at least 50% return on investment.

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  10. Asked: August 10, 2023In: Blogging, Websites & Online Skills

    What strategies can I employ to increase reader engagement?

    Ahmedo24
    Ahmedo24 Newcomer
    Added an answer on August 10, 2023 at 2:52 pm

    You should provide helpful content in your niche. Don't write long articles rather short articles with less than seven hundred words. The article should provide solutions to key searches your readers are looking for. In addition,  you should update your blog quarterly to ensure your readers get qualRead more

    You should provide helpful content in your niche. Don’t write long articles rather short articles with less than seven hundred words. The article should provide solutions to key searches your readers are looking for.

    In addition,  you should update your blog quarterly to ensure your readers get quality and updated information on your blog. You should also ensure your articles are engaging with short sentences. With these tips, I believe you will have a significant improvement in your reader engagement.

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