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spencer

Enlightened Mentor
Ask spencer
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  1. Asked: June 25, 2024In: Crypto & Forex

    Do You Believe Tapswap Will be Listed on Binance?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 20, 2024 at 6:46 pm

    @Light It's almost the month end and Tapswap is yet to be listed on exchanges platforms what does this means now, do you think it'll even be listed or people should not bother and just move on to other mining airdrops. There's a lot of high hopes for this coin and everyone thought it's going to launRead more

    Light It’s almost the month end and Tapswap is yet to be listed on exchanges platforms what does this means now, do you think it’ll even be listed or people should not bother and just move on to other mining airdrops.

    There’s a lot of high hopes for this coin and everyone thought it’s going to launch and there’ll be a major cashout but seems like it’s not happening at all.

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  2. Asked: April 24, 2024In: Crypto & Forex

    How will the outflow of miners affect cryptocurrency?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 20, 2024 at 6:41 pm

    No, it won't affect mining at all, because mining activities is just a by product, peoeple mining these coins are not building products, they're just users of a particular products, so in a way it is even beneficial to the crypto world. It will create exposure in the field and many people are just gRead more

    No, it won’t affect mining at all, because mining activities is just a by product, peoeple mining these coins are not building products, they’re just users of a particular products, so in a way it is even beneficial to the crypto world.

    It will create exposure in the field and many people are just getting to know about it and are jumping onto it, more liquidity in the market if you ask me.

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  3. Asked: July 20, 2024In: Money & Business

    When do you increase your budget?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 20, 2024 at 6:33 pm

    Increasing your budget should come after you increase your income, if you increase your budget without increasing your income it'll hurt you at the end because you end up losing your money. You can increase your budget but make sure your income can accommodate it and keep exploring ways to increaseRead more

    Increasing your budget should come after you increase your income, if you increase your budget without increasing your income it’ll hurt you at the end because you end up losing your money.

    You can increase your budget but make sure your income can accommodate it and keep exploring ways to increase it, by getting into business and investment to make sure you don’t run out of money.

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  4. Asked: September 20, 2023In: Money & Business

    Can I take a loan to start an investment?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 19, 2024 at 6:27 pm

    No, it'll even be better if it's a business, why do you want to take a loan to start investing? Investing typically take a very long time before it matures and you might make some bad Investment that might make you lose money. The best thing is to save your money and invest yourself, put the risk onRead more

    No, it’ll even be better if it’s a business, why do you want to take a loan to start investing? Investing typically take a very long time before it matures and you might make some bad Investment that might make you lose money.

    The best thing is to save your money and invest yourself, put the risk on yourself, so that even if it goes sideways you’ll not get any blame whatsoever.

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  5. Asked: August 10, 2023In: Crypto & Forex

    can you make money by investing in stable coins?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 19, 2024 at 6:24 pm

    Yes, but stable coins are not made for speculations so you might not be able to make much returns on them at all, if you're looking for returns on your investment you'll have to invest in crypto coins like BTC or ETH. But stable coins can hedge you against inflation and can help you retain the valueRead more

    Yes, but stable coins are not made for speculations so you might not be able to make much returns on them at all, if you’re looking for returns on your investment you’ll have to invest in crypto coins like BTC or ETH.

    But stable coins can hedge you against inflation and can help you retain the value of your money, especially if your country’s currency is not stable.

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  6. Asked: September 13, 2023In: Money & Business

    Why's payment receipt matters in business?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 19, 2024 at 6:19 pm

    Payment receipts matters because they're records you can keep in your possession in reference of what you bought, also if there's any case of refunds or returns, presenting a receipt makes it easier to facilitate. It's advisable to have a folder where you store receipts for further use and also haveRead more

    Payment receipts matters because they’re records you can keep in your possession in reference of what you bought, also if there’s any case of refunds or returns, presenting a receipt makes it easier to facilitate.

    It’s advisable to have a folder where you store receipts for further use and also have them handy in case you want to return a product you’ve bought.

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  7. Asked: August 25, 2023In: Money & Business

    Is it possible to market offline products online?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 19, 2024 at 6:14 pm

    Question is why not? What happened offline happens online too, people online are the ones offline, if you can find a way to target your demography effectively then you can definitely make money by advertising online. The most important thing is to target the right audience, by doing that it'll be moRead more

    Question is why not? What happened offline happens online too, people online are the ones offline, if you can find a way to target your demography effectively then you can definitely make money by advertising online.

    The most important thing is to target the right audience, by doing that it’ll be more straightforward to do and can attract customers to what you sell.

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  8. Asked: September 28, 2023In: Money & Business

    How much debt can be considered as too much debt?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 19, 2024 at 6:10 pm

    Any debt you can't pay from your income is too much debt, if you can't comfortably pay it back then it's actually a debt that you overshoot, in such cases most people have to seek for an outside help to be able to pay back. Before you take on a loan it's important to gauge it and measure if you canRead more

    Any debt you can’t pay from your income is too much debt, if you can’t comfortably pay it back then it’s actually a debt that you overshoot, in such cases most people have to seek for an outside help to be able to pay back.

    Before you take on a loan it’s important to gauge it and measure if you can truly pay it, if you can’t it’s better to look for other alternatives.

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  9. Asked: July 6, 2024In: Blogging, Websites & Online Skills

    what are the strategies to writing engaging content?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 19, 2024 at 6:05 pm

    To write engaging contents you'll have to write based on your experience, or something you know deeply, this knowledge will allow you to dissect the topic amd write from your own angle of understanding. This will contribute massively to your writing, most people you enjoy reading from are writing frRead more

    To write engaging contents you’ll have to write based on your experience, or something you know deeply, this knowledge will allow you to dissect the topic amd write from your own angle of understanding.

    This will contribute massively to your writing, most people you enjoy reading from are writing from their won experience hence it’s easy for them.

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  10. Asked: September 14, 2023In: Money & Business

    When is it worth hiring someone to manage your money?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 19, 2024 at 5:59 pm

    I think it's worth it to hire someone to manage your money because it's a skill that has to be learned, if you don't know how to do it you might end up losing your money but if you hire people that can do it, you can even get rewarded for it based on a profit split formular etc. It is also time consRead more

    I think it’s worth it to hire someone to manage your money because it’s a skill that has to be learned, if you don’t know how to do it you might end up losing your money but if you hire people that can do it, you can even get rewarded for it based on a profit split formular etc.

    It is also time consuming, it requires a lot of research and sitting at a screen to trade or invest.

     

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