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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Crystal
CrystalKnowledge Seeker
Asked: August 24, 2023In: Crypto & Forex

Can you fall back in online investment due to frustration ?

What makes you not to give up in online business ? A lot of people fall back from online business due to frustration. Sometimes your investment turn to what you didn’t expect. Maybe you Wait for a period of years but you didn’t ...Read more

What makes you not to give up in online business ?

A lot of people fall back from online business due to frustration.

Sometimes your investment turn to what you didn’t expect.

Maybe you Wait for a period of years but you didn’t gain anything from your investment.

What makes you not to fall back or stopped online investment.

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cryptocurrencyinvestment
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  1. Ahmedo24
    Best Answer
    Ahmedo24 Newcomer
    Added an answer on August 25, 2023 at 6:33 am

    I can only fall back if the online business is not favourable after several attempts and I have exhausted my stop loses benchmark. In addition, If I discovered that the way the business promised to run its activities is not realistic or not as promised I will fall back. However, I tried as much as IRead more

    I can only fall back if the online business is not favourable after several attempts and I have exhausted my stop loses benchmark. In addition, If I discovered that the way the business promised to run its activities is not realistic or not as promised I will fall back.

    However, I tried as much as I can not to get frustrated with online business because I know that risk is involved and I do set limit to which I can go in an online business. I also analysed every step of success and failure before further decisions.

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[Deleted User]
[Deleted User]
Asked: September 9, 2023In: Crypto & Forex

What Is Blockchain Technology and Its Role in Cryptocurrency?

What Is Blockchain Technology and Its Role in Cryptocurrency? In the context of cryptocurrency, blockchain plays a crucial role as the underlying technology. It consists of a chain of blocks, each containing a set of transactions.

What Is Blockchain Technology and Its Role in Cryptocurrency?

In the context of cryptocurrency, blockchain plays a crucial role as the underlying technology. It consists of a chain of blocks, each containing a set of transactions.

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  1. Mich_larry
    Mich_larry Active Contributor
    Added an answer on November 27, 2025 at 4:09 am

    Blockchain technology is a digital ledger system that records transactions in a secure, transparent, and decentralized way. Each transaction is grouped into a “block” and linked to previous blocks, forming a chain that cannot be easily altered. In cryptocurrency, blockchain ensures that all transactRead more

    Blockchain technology is a digital ledger system that records transactions in a secure, transparent, and decentralized way. Each transaction is grouped into a “block” and linked to previous blocks, forming a chain that cannot be easily altered. In cryptocurrency, blockchain ensures that all transactions are verified, permanent, and transparent without the need for banks or central authorities. It prevents fraud, double-spending, and manipulation, while allowing users to transfer value directly. Blockchain also enables smart contracts and decentralized applications, making it the backbone of cryptocurrencies and their secure operation worldwide.

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Maro Fex
Maro FexNewcomer
Asked: July 20, 2025In: Crypto & Forex

What are the best P2P crypto trading apps in Nigeria?

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crypto nigeriacrypto tradingcryptocurrencyp2p crypto tradingtrading apps in nigeria
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  1. Mich_larry
    Mich_larry Active Contributor
    Added an answer on November 27, 2025 at 4:23 am

    If you live in Nigeria and are looking for good apps to trade crypto peer‑to‑peer (P2P), here are some of the best platforms in 2025 — with why many people trust them. Binance P2P — Widely used in Nigeria because it supports P2P trades with Naira, has many payment methods, and offers strong liquiditRead more

    If you live in Nigeria and are looking for good apps to trade crypto peer‑to‑peer (P2P), here are some of the best platforms in 2025 — with why many people trust them.

    Binance P2P — Widely used in Nigeria because it supports P2P trades with Naira, has many payment methods, and offers strong liquidity.

    Paxful — Known for flexibility: many payment options (bank transfer, mobile money, gift cards), escrow protection, and long presence in Nigeria’s P2P market.

    Bybit P2P — Gaining popularity for fast trade execution, escrow‑based security, and NGN support — good for regular buyers and sellers.

    KuCoin P2P — Offers a wide range of cryptocurrencies and decent P2P support; useful if you want access to altcoins as well as major ones.

    Remitano — A simpler, user‑friendly P2P option that supports common coins and is popular among Nigerians who want a straightforward trading experience.

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deucher
deucherActive Contributor
Asked: September 11, 2023In: Crypto & Forex

Are trading bots worth paying attention to?

Cryptocurrency earnings have such a branch as trading bots that can be connected to any exchange and will trade according to a given strategy. Are they worth attention and are they really as profitable as they make videos about them ...Read more

Cryptocurrency earnings have such a branch as trading bots that can be connected to any exchange and will trade according to a given strategy. Are they worth attention and are they really as profitable as they make videos about them on the Internet?

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  1. spencer
    spencer Enlightened Mentor
    Added an answer on May 16, 2024 at 8:48 am

    Yes, trading bots are worth paying attention if you're a mechanical trader, there are lots of strategies out there you can put on their setting on a bot and trade with, and also if you're a day trader then a bot can't do much for you. Unless you just want to use it to monitor levels or use it to actRead more

    Yes, trading bots are worth paying attention if you’re a mechanical trader, there are lots of strategies out there you can put on their setting on a bot and trade with, and also if you’re a day trader then a bot can’t do much for you.

    Unless you just want to use it to monitor levels or use it to activate your stop loss or take profit.

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Crystal
CrystalKnowledge Seeker
Asked: September 6, 2023In: Crypto & Forex

What's mainnet in blockchain ?

What’s the meaning of the term mainnet on Blockchain? What do you understand by mainnet in cryptocurrency.? What are the examples of mainnet?

What’s the meaning of the term mainnet on Blockchain?

What do you understand by mainnet in cryptocurrency.?

What are the examples of mainnet?

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  1. Genevie
    Genevie Active Contributor Be the Key!
    Added an answer on September 6, 2023 at 10:00 pm

    A Mainnet is the end product of a blockchain project which is accessible by the public to use. But, a Mainnet can be altered whenever projects or open-source groups determine that the product requires updates or revisions. Launching a mainnet is a critical milestone for any blockchain project, becauRead more

    A Mainnet is the end product of a blockchain project which is accessible by the public to use. But, a Mainnet can be altered whenever projects or open-source groups determine that the product requires updates or revisions. Launching a mainnet is a critical milestone for any blockchain project, because it signifies the project is ready for public use and real-world transactions. In a mainnet, cryptocurrency transactions are verified and recorded to the blockchain.

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Crystal
CrystalKnowledge Seeker
Asked: August 12, 2023In: Crypto & Forex

How can someone make money from NFT ?

To say the truth I know nothing about NFT The only thing I know is the ownership and transaction history of the NFT are recorded on the blockchain, ensuring transparency and security. Please I really need your ideas concerning how NFT work. How ...Read more

To say the truth I know nothing about NFT

The only thing I know is the ownership and transaction history of the NFT are recorded on the blockchain, ensuring transparency and security.

Please I really need your ideas concerning how NFT work.

How can someone make money from NFT in cryptocurrency ?

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cryptocurrencymake moneynft design
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  1. Suba
    Best Answer
    Suba Knowledge Seeker
    Added an answer on August 13, 2023 at 12:35 am

    NFT is a digital asset artwork as an imitation of an object such as an image, photo, meme, painting, music etc., which is then processed into an asset on the blockchain that we know as "minting" which can be traded on nft marketplaces such as Opensea, Rarible, Axie marketplace etc. using payment tooRead more

    NFT is a digital asset artwork as an imitation of an object such as an image, photo, meme, painting, music etc., which is then processed into an asset on the blockchain that we know as
    “minting” which can be traded on nft marketplaces such as Opensea, Rarible, Axie marketplace etc. using payment tools such as Ethereum etc.

    There is a difference between NFT and cryptocurrency which lies in its fungible value, meaning that the value of NFT cannot be measured depending on the afterglow, while we can easily determine the price for crypto. If you want to make money from NFT you can make and sell NFT on the marketplace, you can also invest in NFT or the easiest way is to play games.

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spencer
spencerEnlightened Mentor
Asked: June 5, 2024In: Crypto & Forex

Where Can a Blockchain Developer Work?

As a Blockchain Developer which industry is ideal to work in, where can one have access to these opportunities and utilize them?

As a Blockchain Developer which industry is ideal to work in, where can one have access to these opportunities and utilize them?

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blockchaincryptocryptocurrency
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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    Added an answer on April 26, 2026 at 8:14 am

    Blockchain Developers have the flexibility to work in various industries such as finance, supply chain, healthcare, gaming, and real estate. For instance, in finance, blockchain technology is behind popular crypto platforms like Coinbase. Supply chain companies leverage blockchain for increased tranRead more

    Blockchain Developers have the flexibility to work in various industries such as finance, supply chain, healthcare, gaming, and real estate. For instance, in finance, blockchain technology is behind popular crypto platforms like Coinbase. Supply chain companies leverage blockchain for increased transparency, such as with IBM solutions. There are plenty of opportunities available through freelance websites, technology hubs, startups, and Web3 platforms like Ethereum. To increase your chances of success, focus on developing your skills, engaging with communities, and considering remote job opportunities.

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Crystal
CrystalKnowledge Seeker
Asked: August 17, 2023In: Crypto & Forex

What are some tips helping you to avoid scam presales?

What are some tips that can help you stay away from scam presales ? What can make you trust a particular project in cryptocurrency. Watching out for red flags like lack of transparency, unverifiable claims, and poor communication are some signs of ...Read more

What are some tips that can help you stay away from scam presales ?

What can make you trust a particular project in cryptocurrency.

Watching out for red flags like lack of transparency, unverifiable claims, and poor communication are some signs of scam. If something seems too good to be true, it probably is.

I also think that any projects that pressure you to invest quickly or offer unrealistic returns maybe scam.

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  1. raaman
    raaman Expert Mind A blogger and a writer interested in learning.
    Added an answer on August 17, 2023 at 7:36 am

    Taking part in presales can be risky. The NFT and cryptocurrency space can generate scammers trying to take benefit of innocent individuals. Therefore, to avoid scams presales thoroughly research the project and the team behind it. Check for information about their experience, earlier projects, andRead more

    Taking part in presales can be risky. The NFT and cryptocurrency space can generate scammers trying to take benefit of innocent individuals. Therefore, to avoid scams presales thoroughly research the project and the team behind it. Check for information about their experience, earlier projects, and any appropriate achievements. Scammers often use fake profiles and unclear information. So, be cautious.

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Crystal
CrystalKnowledge Seeker
Asked: September 12, 2023In: Crypto & Forex

What does it mean to burn crypto?

What does it mean to burn crypto? Investors always sounds happy when hearing the words burning in cryptocurrency. But what did you understand by crypto burning mechanism ?

What does it mean to burn crypto?

Investors always sounds happy when hearing the words burning in cryptocurrency.

But what did you understand by crypto burning mechanism ?

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cryptocurrencyonline moneyscarcity
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  1. Youngyoel
    Youngyoel Newcomer
    Added an answer on March 3, 2026 at 8:09 am

    From what I understand, crypto burning means permanently removing some coins from circulation by sending them to a wallet that cannot be accessed again. This reduces total supply in the market. Investors usually like burning because if demand stays the same, lower supply can help price rise. It’s maRead more

    From what I understand, crypto burning means permanently removing some coins from circulation by sending them to a wallet that cannot be accessed again. This reduces total supply in the market. Investors usually like burning because if demand stays the same, lower supply can help price rise. It’s mainly used to control inflation and support value.

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Svishok
SvishokExpert Mind
Asked: September 1, 2023In: Crypto & Forex

What is blockchain's role in crypto?

Blockchain is the underlying technology that powers cryptocurrencies. It acts as a decentralized ledger that records all transactions across a network of computers. In the context of cryptocurrency, blockchain serves as the public and transparent ledger that ensures the security ...Read more

Blockchain is the underlying technology that powers cryptocurrencies. It acts as a decentralized ledger that records all transactions across a network of computers. In the context of cryptocurrency, blockchain serves as the public and transparent ledger that ensures the security and integrity of digital currency transactions. It’s essentially a digital, tamper-proof ledger that verifies and records every transaction, making cryptocurrencies like Bitcoin trustless and resistant to fraud.

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