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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Slaky12
Slaky12Knowledge Seeker
Asked: May 27, 2024In: Crypto & Forex

What is presell in cryptocurrency?

If you have been in a cryptocurrency platform you will be hearing about Presell, what do you understand by the word presell?

If you have been in a cryptocurrency platform you will be hearing about Presell, what do you understand by the word presell?

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  1. Augusta
    Augusta Enlightened Mentor
    Added an answer on December 5, 2025 at 6:12 am

    I know of presale, I hope that's what you meant. A presale token refers to a specific allocation of tokens that are made available to early investors or supporters of the project before the tokens are offered to the general public in an Initial Coin Offering or Token Sales Some presales are legitimaRead more

    I know of presale, I hope that’s what you meant. A presale token refers to a specific allocation of tokens that are made available to early investors or supporters of the project before the tokens are offered to the general public in an Initial Coin Offering or Token Sales

    Some presales are legitimate and end up maintaining their value, but they’re in the vast minority. Even if the coin is legitimate and the developers seem like the real deal, buying before launch is a terrible idea – especially when you won’t get your coins until it launches

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Light
LightTrusted Adviser
Asked: July 21, 2024In: Money & Business

How Much do You Need to Start Selling Electronic Gadgets?

People cannot  but buy electronic devices like fan, television, iron in their house. So this will tell you this is a lucrative business. How much do you need to start this business.

People cannot  but buy electronic devices like fan, television, iron in their house. So this will tell you this is a lucrative business. How much do you need to start this business.

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  1. De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 19, 2025 at 6:37 pm

    Selling electronics requires alot of money to use as capital. It all depends on where you are,.your supplier and also the size of your shop. If you are staying in a place like Lagos then you need bless capital like 5-10 million naira. This is because your are closer to the seaport, so the cost of trRead more

    Selling electronics requires alot of money to use as capital.

    It all depends on where you are,.your supplier and also the size of your shop.

    If you are staying in a place like Lagos then you need bless capital like 5-10 million naira. This is because your are closer to the seaport, so the cost of transport will be less.

     

    If your are farther away, then you’ll need more , because of the transportation.

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Slaky12
Slaky12Knowledge Seeker
Asked: August 17, 2023In: Money & Business

What is the benefit of have phone as an investor?

Actually is good to having phone as an investor so that u can observe Real-Time Access: You can monitor market trends, stock prices, and news updates in real-time, enabling you to make quick and informed investment decisions. Learning Resources: Access ...Read more

Actually is good to having phone as an investor so that u can observe
Real-Time Access: You can monitor market trends, stock prices, and news updates in real-time, enabling you to make quick and informed investment decisions.
Learning Resources: Access tutorials, videos, and articles on investment strategies, risk management, and market analysis to enhance your skills.
Emergency Management: In case of unexpected market events or portfolio changes, your phone enables you to take swift action.
Remember to choose reputable and secure apps, protect your personal information, and maintain a long-term investment perspective even while using your phone for real-time decisions.

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  1. spencer
    spencer Enlightened Mentor
    Added an answer on June 14, 2024 at 8:45 am

    I don't actually understand the question, you don't have to be an investor to have or own a phone, if you are a adult then having a phone is important, you're definitely going to be receiving calls and replying to messages. An investor's work is to invest in business that are going to bring in greatRead more

    I don’t actually understand the question, you don’t have to be an investor to have or own a phone, if you are a adult then having a phone is important, you’re definitely going to be receiving calls and replying to messages.

    An investor’s work is to invest in business that are going to bring in great returns to his portfolio, having a phone or not has little or nothing to do with it.

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Crystal
CrystalKnowledge Seeker
Asked: August 25, 2023In: Crypto & Forex

How did market cap have effect in coin price ?

What’s market cap, and how is it has an effect in coin price ? A lot of people didn’t know what’s always shake the price of cryptocurrency, an why’s adding value slowly. Answering this question will help a lot of crypto investors.

What’s market cap, and how is it has an effect in coin price ?

A lot of people didn’t know what’s always shake the price of cryptocurrency, an why’s adding value slowly.

Answering this question will help a lot of crypto investors.

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  1. Rimisha
    Best Answer
    Rimisha Knowledge Seeker I am students and I am always eager to expand my knowledge and share it with others.✨
    Added an answer on August 25, 2023 at 7:37 am

    Market cap, short for market capitalization, is the total value of a cryptocurrency. It is calculated by multiplying the current price of a coin/token by the total number of coins/tokens in circulation. Market cap represents the size and popularity of a cryptocurrency in the market. Market cap can aRead more

    Market cap, short for market capitalization, is the total value of a cryptocurrency. It is calculated by multiplying the current price of a coin/token by the total number of coins/tokens in circulation. Market cap represents the size and popularity of a cryptocurrency in the market.

    Market cap can affect coin price as it reflects the perceived value and market demand for a cryptocurrency. Generally, higher market cap coins tend to have more liquidity and stability. However, market cap alone does not determine the price of a coin. Factors such as supply and demand dynamics, investor sentiment, technological advancements, and market trends also influence coin prices.

     

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Abbylove
AbbyloveActive Contributor
Asked: September 1, 2023In: Money & Business

What is the role of a financial advisor in investing?

In order to provide guidance and expertise to help individuals and organizations make informed decisions about their financial goals and investments.  Financial advisor plays these roles outlined below in investing: A financial advisor begins by understanding the client’s financial goals and ...Read more

In order to provide guidance and expertise to help individuals and organizations make informed decisions about their financial goals and investments.  Financial advisor plays these roles outlined below in investing:

A financial advisor begins by understanding the client’s financial goals and objectives. This could include short-term goals like buying a house or saving for a vacation, as well as long-term goals like retirement planning and wealth accumulation.

Advisors assess the client’s risk tolerance, which is the level of risk an individual is willing and able to take with their investments. This assessment helps determine an appropriate investment strategy.

Based on the client’s goals and risk tolerance, the financial advisor helps create a diversified investment portfolio. Asset allocation involves determining the mix of different asset classes (stocks, bonds, real estate, etc.) that best align with the client’s objectives.

 

 

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  1. Mhizta Yan
    Mhizta Yan Active Contributor
    Added an answer on September 1, 2023 at 5:55 pm

    In an investment there are so many many things you need to consider such as how legitimately the platform you want to invest are, And also you need to consider your income, that is, how much money you want to invest with. You need to spread your investment to different platform so as to manage risk.Read more

    In an investment there are so many many things you need to consider such as how legitimately the platform you want to invest are, And also you need to consider your income, that is, how much money you want to invest with.
    You need to spread your investment to different platform so as to manage risk. You don’t need to jump into investments, because you may end up investing in a wrong platform. You should start investment with small amount of money.

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eldavis
eldavisEnlightened Mentor
Asked: September 7, 2023In: Money & Business

would investing in apple be a good idea?

Apple is one of the well known companies out there today, they are known all over the world for their product iphone. Here in my country the cost of most of the recent versions of iphones is going close to ...Read more

Apple is one of the well known companies out there today, they are known all over the world for their product iphone. Here in my country the cost of most of the recent versions of iphones is going close to a million in our local currency. In terms of products I believe they are doing pretty well, but i have little to no idea about the stock market. Do you think apple would be a great investment?

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  1. Ramolak19
    Ramolak19 Knowledge Seeker
    Added an answer on September 8, 2023 at 11:15 am

    At least many investors may find it wise to make an investment in Apple. Apple is a reputable business with a strong reputation for innovation and financial success. But it's crucial to do extensive research, take the market into account, and evaluate your investing objectives and risk tolerance. ARead more

    At least many investors may find it wise to make an investment in Apple. Apple is a reputable business with a strong reputation for innovation and financial success. But it’s crucial to do extensive research, take the market into account, and evaluate your investing objectives and risk tolerance. A vital component is diversification. Making decisions on buying apple shares or any other specific stock should be done after seeking financial advice.

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Precious
PreciousKnowledge Seeker
Asked: September 10, 2023In: Money & Business

Should I wait to have 1million before starting my investment?

Yesterday when i was discussing about starting investment with my Friends, this idea of starting investment with 1million came up, so guys, don i have to wait until I have 1million before starting my personal investment? Is it a wise ...Read more

Yesterday when i was discussing about starting investment with my Friends, this idea of starting investment with 1million came up, so guys, don i have to wait until I have 1million before starting my personal investment? Is it a wise decision though?

What are your ideas?.

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  1. Mich_larry
    Mich_larry Active Contributor
    Added an answer on December 16, 2025 at 7:38 pm

    No, you do not need to wait until you have one million before starting to invest. Waiting too long can actually delay your growth. What matters more than the amount is starting early and being consistent. You can begin investing with small amounts and gradually increase as your income grows. Many inRead more

    No, you do not need to wait until you have one million before starting to invest. Waiting too long can actually delay your growth. What matters more than the amount is starting early and being consistent. You can begin investing with small amounts and gradually increase as your income grows. Many investment options allow you to start with little money while you learn how investing works.

    However, before investing, it is important to have a basic plan. Make sure you understand what you are investing in, avoid risky schemes that promise quick profits, and do not invest money you will need urgently. Learning first, saving consistently, and investing wisely will help your money grow over time. Starting small builds experience, discipline, and confidence for bigger investments in the future.

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Flower
FlowerActive Contributor
Asked: September 21, 2023In: Blogging, Websites & Online Skills

How can I choose the perfect niche for my blog?

Choosing a perfect niche for the blog is very important and that is the first thing that must be done by anyone who was involved in blogging . How do I choose a perfect niche for my blog?

Choosing a perfect niche for the blog is very important and that is the first thing that must be done by anyone who was involved in blogging . How do I choose a perfect niche for my blog?

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  1. tray599
    tray599 Knowledge Seeker blogger, content writer
    Added an answer on September 17, 2025 at 4:07 am

    To chose the perfect niched for your blog then you must have done niched research to know what is really on trend. Knowing what people are truely looking for will help you alot identify the specific topic of interest and products which is frequently type and search on Google, If you operate on trendRead more

    To chose the perfect niched for your blog then you must have done niched research to know what is really on trend.

    Knowing what people are truely looking for will help you alot identify the specific topic of interest and products which is frequently type and search on Google,

    If you operate on trendy niched your blog won’t suffer it will generate real organic traffic easily.

    It’s not all topic you chose for your blog that is trendy,so there is a need for niche research

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uptrendfinancialsignal
uptrendfinancialsignalKnowledge Seeker
Asked: June 28, 2024In: Money & Business

What are the ways to sell my freelance services?

I’m into graphic designing and I am anxiously looking for the right platform to showcase my gig. can you recommended one?

I’m into graphic designing and I am anxiously looking for the right platform to showcase my gig. can you recommended one?

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  1. raaman
    raaman Expert Mind A blogger and a writer interested in learning.
    Added an answer on September 3, 2024 at 2:00 pm

    To sell freelance services effectively, use online platforms like Upwork and Fiverr, optimize your website for search engines, showcase your skill through a strong portfolio, actively network on social media and attend industry events, offer competitive pricing and packages, provide good customer seRead more

    To sell freelance services effectively, use online platforms like Upwork and Fiverr, optimize your website for search engines, showcase your skill through a strong portfolio, actively network on social media and attend industry events, offer competitive pricing and packages, provide good customer service, and get user testimonials to build credibility.

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Light
LightTrusted Adviser
Asked: July 24, 2024In: Money & Business

Why Must You Take Risks to Build Wealth?

Are there no ways of making money or getting wealthy without taking risks? It seems every good thing is built on risk on earth, why is it so?

Are there no ways of making money or getting wealthy without taking risks? It seems every good thing is built on risk on earth, why is it so?

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  1. Carpon
    Carpon Expert Mind Hustler
    Added an answer on August 18, 2025 at 3:33 pm

    Taking a risk is not very unusual because in life you have to take one or more risk at one point or the other. What it means is that on your path to gaining wealth and becoming rich, there are risks that you need to take even though you don't always have to take risks but you don't have to take bigRead more

    Taking a risk is not very unusual because in life you have to take one or more risk at one point or the other. What it means is that on your path to gaining wealth and becoming rich, there are risks that you need to take even though you don’t always have to take risks but you don’t have to take big risks, but then it is a normal thing to take a risk and sometimes that is what builds your capacity to do things that will yield massive results. Taking off risks actually exposes you to so many things that might seem uncertain but taking them will make you better at making choices in life

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