Eugene, CEO of EarnPark

You can look at crypto as coins, technology, etc. Simply put, it's a network.🌐 A network was created for people to do things together — to exchange and make contracts.🤝 Just like the Internet or mobile communication. Basically, it is something that bonds people together. Assuming a crypto network is useful for the planet, it will go through a process of growth from its first users to network saturation. And so, Metcalfe's law can be applied: the value of a network is proportional to the square of the number of connected users of the system. Crypto is growing almost twice as fast as the internet in the late 90s and early 00s. It is the fastest-growing network the planet has ever seen. There will be other networking tech that will also grow, possibly even faster and have the same impact. Assuming the world needs crypto, the growth trend continues, and then by 2030, more than half of the planet will be using crypto. 🌐📈 And it will have the value of the square of users.

Any investment has one goal only – to make money. 📈 It means that the investor wants to receive additional income on the invested capital. However seeking a high income is always associated with high risks, so one of the rules or conditions of investing in the financial markets is to find a balance between risk and return. Profit is always correlated with risk! Avoid those who generate returns and claim that they are risk-free, or say nothing at all about risks. Deposit only the amount that is proportional to the degree of your trust in a particular instrument. Do not just trust – verify and diversify. The biggest risk right now is not to take risks. In other words, sticking to traditional investment views and principles is risky for capital. To preserve and grow it, you need to take risks and explore/apply new/risky asset classes. Crypto assets have become a necessary and important element of a portfolio. 🤝The compromise between risk and return is one of the investment principles that shows that the higher the risk, the higher the potential reward. The key objective is to find the right balance between return and risk, to determine the maximum acceptable (yet still comfortable) level of risk and still earn the highest return.

It's Monday, so it's time to see what the crypto world has been up to this week!👀 📉For the past week Bitcoin price has dropped from $70,194 to $68,528. 🔺Highest price this week was $71,647. 📉For the past week Ethereum price has dropped from $3,602 to $3,441. 🔺Highest price this week was $3,674. Also this week: ⚡️Former FTX CEO Sam Bankman-Fried was sentenced to 25 years in prison. ⚡️Avalanche and Chainlink have partnered with the Australia and New Zealand Banking Group (ANZ) to work on asset tokenization. ⚡️Bankrupt cryptocurrency exchange FTX has struck $884 million in deals with two dozen buyers, to sell most of its shares in Anthropic, an AI startup that counts Amazon and Google among its backers. ⚡️Stacks have launched the public Nakamoto Testnet.

A lot of people are so risk-sensitive that they're afraid to invest $100 even in stocks. But if lured into a high-profit scheme, they'd be ready to invest $1000 to get $300 monthly in profits.🤷🏻‍♂️ The idea of earning $300 each month reduces the stress associated with paying bills or meeting financial goals. Also, it seems so quick and easy with a one-time risk rather than investing $10,000-$50,000 with regular additions over the years. Just start investing. Take the plunge with $100 and explore investment opportunities. Learn the protocols and understand the workings of the market, and if you happen to lose that initial $100, remember that you'll gain invaluable experience. In the short term, the value of cryptocurrency rises and falls drastically. Using Bitcoin as an example, there has been an upward price trend for many years and we can make the assumption that this trend will continue over time. Investing in cryptocurrency using a long-term strategy is a way to avoid the volatile cycle and fluctuations we see over a short period of time. This approach is based on the assumption that an upward price trend will stay that way for years. It is known as buy&hold stocks in the stock market. You buy stocks and hold them for years or decades. While you wait 10-20 years for your crypto to grow in value, you can earn additional value through interest payments.

It's Monday, so it's time to see what the crypto world has been up to this week!👀 📈For the past week Bitcoin price has dropped from $72,006 to $67,377. 🔺Highest price this week was $73,646. 📈For the past week Ethereum price has dropped from $4,032 to $3,494. 🔺Highest price this week was $4,082. Also this week: ⚡️MetaMask is testing the first blockchain-powered payment card, running on Mastercard's network. ⚡️The US has ordered former Binance CEO Changpeng Zhao to surrender all of his passports to a third party. ⚡️BNB Chain introduced the rollup-as-a-service solution to expand its Layer 2 ecosystem. ⚡️Arbitrum Foundation announced a program designed to invest 200 million ARB in promoting gaming projects on its blockchain over a two-year period.

Where to start building capital?🤔 The savings rate at the beginning of an investment career (first 10 years) is far more important than costs, compound interest and volatility combined. In essence, if you don't have money, you need to earn it first. Earn as much as you can and don't spend it on luxury items to "impress" others. You need to spend less each month than you earned in the previous month. Income - Expenses = Delta Delta>0 - investment resource Delta<0 - first make it and only then start investing. The goal here is to save 10-20% of monthly income. Just like that! If you don't learn to do this with your income now, then when your income grows your losses will grow with it. Remember the 50/30/20 rule: 50% — for your needs; 30% — for your wants; 20% — for your financial goals: savings and paying debts. By spending less on things that aren't that important, you will have more for what's really important.

It's Monday, so it's time to see what the crypto world has been up to this week!👀 📈For the past week Bitcoin price has increased from $53,411 to $66,881. 🔻Lowest price this week was $53,240. 📈For the past week Ethereum price has increased from $3,155 to $3,557. 🔻Lowest price this week was $3,137. Also this week: ⚡️Lens Protocol is now available to the public. ⚡️USDT hit a $100B market cap. ⚡️The U.S. government has transferred nearly $1B from crypto wallets seized from Bitfinex hacker. ⚡️Yuga Labs and Magic Eden have launched an Ethereum NFT marketplace.

Financial health is a continuous cycle that involves earning, saving, and multiplying money. The basics of investing are summarized in 4 simple steps: Step 1: Spend less than you earn; Step 2: Save and invest the rest; Step 3: Build a diversified portfolio; Step 4: Be patient. These steps are easy, but most of the investors still ignore them. There is an additional 5th step: education and constant learning which is the key to success in the changing world of investing. Financial strategies and advice change depending on the era and context. Old methods, formulas, and ratios that were effective in the past may not work today. Investors must be prepared to change and adapt as the economic and financial environment is constantly changing. Don't trust, verify.

It's Monday, so it's time to see what the crypto world has been up to this week!👀 📈For the past week Bitcoin price has increased from $52,252 to $52,298. 🔺Highest price this week was $52,899. 📈For the past week Ethereum price has increased from $2,912 to $3,123. 🔺Highest price this week was $3,127. Also this week: ⚡️Avalanche’s C-Chain stopped producing blocks on Friday, due to a client code bug. The network resumed normal operations roughly 5 hours later. ⚡️Gary Gensler and the SEC are being sued in Texas over their excessive crypto overreach. ⚡️Circle is discontinuing support for USDC on the TRON blockchain in a phased transition. ⚡️Trust Wallet introduced Trust Wallet SWIFT – a smart contract wallet powered by account abstraction.

If we compare crypto to the Internet, this is 1998 – same amount of users, capitalization and other adoption metrics. 📈Crypto sphere takes up only 1.2% of the total volume of the global market. In 5 years – 5%, in 10 years – 10%, in 30 years – 20% in the stock market share. Within 25 years, the market will reach a capitalization of $100 Trillion. Cryptocurrencies are now perhaps the most profitable asset class for the next 10-20-30 years. Price fluctuations and 90% drawdowns are quite expected for a maturing asset class. The technology behind the entire industry has the potential to forever change all aspects of digital life, from financial technology to entertainment. We didn't have the ability to truly own digital assets without managing the physical hardware they exist on until Bitcoin was created. 🔄Each market cycle the crypto industry has gone through has left the ecosystem stronger than the last. In crypto, we see that failures are not fatal to the industry, but instead a necessary step in moving towards the future. The collapse of the market and many projects in 2022 exposed important problems and the following innovative projects will already include their solution, which will catalyze further growth.🚀

It's Monday, so it's time to see what the crypto world has been up to this week!👀 📈For the past week Bitcoin price has increased from $49,871 to $52,142. 🔺Highest price this week was $52,809. 📈For the past week Ethereum price has increased from $2,561 to $2,910. 🔺Highest price this week was $2,926. Also this week: ⚡️The Japanese cabinet has approved a proposal to add cryptocurrencies to the list of assets that local investment limited partnerships can acquire or hold. ⚡️Yuga Labs has acquired PROOF, which includes PROOF Collective, Moonbirds, Oddities, Mythics and Grails. ⚡️Filecoin has announced an integration with Solana. ⚡️Injective has launched a domain name service in mainnet and continues its integration with Solana.

So what's up with crypto market growth? If we look at gold as an asset, after the approval of bitcoin ETF the price of gold went down and then entered the growth phase – I think we can expect the same from Bitcoin and I believe the current growth can support this theory. In my opinion, progress in the market is inevitable – the system is always moving to the configuration that's most desirable for its participants. If everyone wants to be happy and rich, then we will get there – it's just a matter of time. If we don't kill each other, but this scenario is pointless to even consider.🙂 The market in general has been growing for the last hundreds of years. Individual companies can decline, but the key is to guess the growing industry. I chose the industry of digital money. And the most patient players will win. I believe that the human economy will grow, and it will lead to the growth of computing power. And that means the value of Bitcoin will grow.

It's Monday, so it's time to see what the crypto world has been up to this week!👀 📈For the past week Bitcoin price has increased from $42,658 to $49,536. 🔺Highest price this week was $49,939. 📈For the past week Ethereum price has increased from $2,296 to $2,548. 🔺Highest price this week was $2,558. Also this week: ⚡️Investors have started to move from gold to Bitcoin after the launch of spot Bitcoin ETFs, according to the CEO of ARK Invest. ⚡️Robinhood Connect integrates the MetaMask Buy Crypto aggregator to make buying cryptocurrency easier. ⚡️Paxos has partnered with Chainlink to accelerate the adoption of PayPal USD. ⚡️Frax Finance launched Fraxtal – a modular blockchain with a “fractal scaling” roadmap & unique blockspace incentives.

Bitcoin has been levelling up with some seriously cool tech improvements. Have you heard of Bitcoin Improvement Proposals (BIPs)? They're like community suggestions for making Bitcoin better, and when everyone agrees, they get added to the network. Let's dive into two major upgrades that have shaken things up: Segregated Witness (SegWit) and Taproot. SegWit: ✔️Introduced to increase the block size limit and enhance transaction efficiency. ✔️Laid the groundwork for second-layer solutions like the Lightning Network. ✔️Enhanced Bitcoin's scalability by enabling faster and cheaper transactions. Taproot: ✔️Improved Bitcoin's privacy and efficiency. ✔️Made transactions more compact. ✔️Enabled more complex smart contracts. ✔️Made Bitcoin a more versatile and secure digital currency. Let's not forget about Bitcoin forks and altcoins. They might not all stick around forever, but they're bringing fresh ideas to the table that could inspire even more innovations in the Bitcoin world. Overall, Bitcoin's future looks pretty bright with its focus on scalability, security, and efficiency – not to mention its amazing community of developers and users driving it forward. 💪

It's Monday, so it's time to see what the crypto world has been up to this week!👀 📉For the past week Bitcoin price has dropped from $43,194 to $42,680. 🔺Highest price this week was $43,725. 📉For the past week Ethereum price has dropped from $2,308 to $2,296. 🔺Highest price this week was $2,387. Also this week: ⚡️The founder of DefiLlama has launched Smolrefuel, a gas-free swapping protocol. ⚡️Solana Mobile will give away an exclusive NFT to users who pre-order the new phone. ⚡️Binance has launched an Inscriptions marketplace that allows users to trade different tokens such as BRC-20 and EVM tokens. ⚡️LayerZero launched the V2 protocol, bringing permissionless, censorship-resistant, and immutable interoperability to more than 20 chains.

In the latest X Space EarnPark dived deep into the crypto universe's future. Here’s a short recap: 📍2023 recap: It was all about AI's big splash in crypto, the thrill of blockchain gaming, and the rise of meme coins. 📍Economic impact: Global economic ups and downs are actually fueling DeFi and crypto growth. 📍2024 predictions: We can expect a massive wave of DeFi and Web3 adoption. Gaming and social platforms are about to get even bigger. 📍Market sentiment: Feeling positive about 2024, with big events like the Bitcoin halving and buzz around Bitcoin and Ethereum ETFs. 📍Real-world meets crypto: From real estate to academic degrees, tokenizing real stuff is on the horizon, although it’s a bit of a legal maze. 📍NFT Evolution: NFTs are set to go beyond just art and collectibles. Think interactive, engaging, and even more creative. 👉Listen to the full conversation here.

It's Monday, so it's time to see what the crypto world has been up to this week!👀 📈For the past week Bitcoin price has increased from $40,537 to $41,834. 🔺Highest price this week was $42,704. 📉For the past week Ethereum price has dropped from $2,366 to $2,237. 🔻Lowest price this week was $2,171. Also this week: ⚡️The SEC delayed its decision timeline on BlackRock's proposal for a spot Ethereum ETF fund to March. ⚡️Polygon has unveiled a new aggregation protocol, AggLayer, that combines the benefits of monolithic and modular blockchains. It will be launched on the core network in February during the "Aggregation Day" event. ⚡️PayPal announced on Jan. 25 that it will launch a variety of AI-powered products aimed at end users and merchants, which will be available starting in March. ⚡️EigenLayer has announced a partnership with Polyhedra.

In a world where AI infiltrates every aspect of our lives, it's no surprise that it's revolutionizing finance too. Let's discuss Robo-Advisors.🤖 Clients can share their financial info through online questionnaires, covering income, expenses, assets, and goals. These algorithms analyze historical market data, economic indicators, and risk profile to create a personalized investment plan. The result? A tailored portfolio mix of stocks, bonds, and cash equivalents, aligning perfectly with your risk tolerance and financial aspirations. Pros: ➕Accessibility Manage your investments anywhere, anytime with just an internet connection. ➕Cost-Effectiveness Lower fees compared to traditional financial advisors, making it an attractive option for various investors. ➕Personalization Thanks to advanced algorithms, robo-advisors craft personalized investment advice tailored to any unique financial situation. Cons: ➖Lack of human interaction Robo-advisors might not be everyone's cup of tea, especially if you crave face-to-face financial discussions. ➖Market Volatility When markets get turbulent, robo-advisors might not provide the same reassurance as their human counterparts. ➖Complex financial situations In such cases, a human advisor with specialized expertise might be more fitting. The big question is: Would you trust financial advice from a robot? 🤖

It's Monday, so it's time to see what the crypto world has been up to this week!👀 📉For the past week Bitcoin price has dropped from $42,299 to $40,418. 🔻Lowest price this week was $40,309. 📉For the past week Ethereum price has dropped from $2,515 to $2,358. 🔺Highest price this week was $2,609. Also this week: ⚡️According to CoinGecko research, more than 50% of cryptocurrencies listed since 2014 have died. Most dead cryptocurrencies came from projects launched during the last bull run. ⚡️Bitcoin has bypassed silver to become the second-largest ETF commodity asset class in the U.S. in terms of assets under management. ⚡️Solana Mobile has introduced its second smartphone. In the first 24 hours after the phone was announced, Solana Mobile saw over 25,000 preorders, and by the 30-hour mark, it had 30,000 preorders ⚡️Terraform Labs has filed a voluntary petition in Delaware for Chapter 11 bankruptcy, according to documents filed on January 21st.

Let's talk about real-world asset tokenization today. At its core, this idea involves creating virtual investment instruments on the blockchain, tied to tangible assets such as real estate, precious metals, art, and collectibles. Unlike traditional paper deeds, ownership seamlessly transitions to the blockchain, facilitating direct peer-to-peer transactions or shared ownership among multiple investors. 📍Cost reduction and no middlemen: RWA tokenization significantly reduces costs by eliminating intermediaries like lawyers and brokers, which ensures more efficient transactions. 📍24/7 accessibility: Blockchain facilitates fast and efficient trading around the clock, unlike traditional markets with limited "working hours." This not only increases accessibility but also fosters a more liquid market. 📍Lowered entry barrier: The tokenization of RWA democratizes investment opportunities, making them more accessible to a broader audience. 📍Transparency and trust: The transparent nature of the blockchain enhances trust and accountability among traders. Ownership shares can be traded directly between parties, minimizing the need for coordination among multiple owners. 📍Direct P2P transactions: Tokenization allows for direct P2P transactions, bypassing the need for galleries, appraisers, lawyers, and banks. This facilitates instant asset transfers with minimal transaction fees. 📍Diversification beyond high-value assets: Tokenization extends beyond high-value items like real estate and gold, encompassing conventional assets such as U.S. Treasuries, currency, and stocks. This diversification creates new investment opportunities. 📍Revolutionizing financial inclusion: Real-world asset tokenization revolutionizes how traditional assets are perceived and interacted with. The integration of blockchain technology with tangible assets opens doors to a more accessible, efficient, and transparent financial future. In essence, real-world asset tokenization is revolutionizing the approach to traditional assets. As blockchain seamlessly integrates with tangible assets, it paves the way for a more accessible, efficient, and transparent financial future. This marks an era where ownership transcends physical boundaries, and the potential for financial inclusion knows no limits. Welcome to the revolution in finance.😎