Now, “Crypto Campfire By SIX” has reached more than 6 episodes, so we have shortened some episodes for everyone to read. Anyone who wants to read the full version and other chapters besides what we have abbreviated can check out the rest at SIX Network Discord in the channel called💡⎪recap-education.
What is the SIX Protocol?
SIX Protocol is a blockchain infrastructure layer built to help businesses migrate their assets into the Blockchain by issuing their tokens, including cryptocurrency and NFT, to the destination chain. The SIX Protocol teams also provide other consulting services such as supply figures, Initial Asset Offering Service (IAO), decentralized KYC, whitelist management, and many more.
Blockchain Technology
Blockchain Technology can increase business opportunities. You can read more examples here.
Why choose SIX Protocol when there are other chains to choose from?
The SIX Protocol is a chain that businesses will choose because we cover a wide range of services, from IAO Services or Initial Asset Offerings, to helping businesses with tokenizing and supporting the rarity for NFT collections or even helping with Tokenomic plans.
Financial Pyramid or Risk Pyramid 🧐
The financial Pyramid helps us manage our money as to what we should invest in first. Starting to plan from the bottom up, divided into 3 parts: 1. Basic Needs and Risk management 2. Accumulation 3. Investment
What is the Future Trading?
Future is a market for trading futures contracts based on the price of cryptocurrencies in the market. There are two types: long trades, contracts that increase in value when the underlying coin price increases, and short trades, contracts that increase in value when the underlying coin price decreases.
What is Leverage?
It is to loan money to buy assets for an investment that can bring you more returns but can also make you lose more than before.
What is Stop Loss?
It is the point where we are making profits but do not want our profits to decrease, so we will set the Stop Loss point at that price that we want to reduce the risk of losing.
How is Web 3.0 Community Manager different from regular Community Manager?
The difference is that we need to know the tech stuff in the world of Web 3.0 and keep up with trends. Being a community manager is not just customer support; it’s about providing activities, telling the project story so that everyone understands, and being like a friend who can talk about anything, not just about the project or trading.
What should a good community look like?
A good community is that we help each other build a community. Treat everyone with respect, listen to each other’s opinions, give advice, and educate each other.
Difficulty in building a community
The difficulty in creating a community is that we can’t meet everyone’s wishes in the community because everything has to go through discussions with the team about whether we should do it or not, which causes complaints or negative energy.
What is a Recession?
A recession is a business cycle contraction when a general decline in economic activity occurs.
What is inflation?
Inflation is an increase in the prices of goods and services, but the value of the money is the same.
What is Bitcoin Halving?
The decrease in the number of Bitcoins mined every 4 years is known as Bitcoin Halving.
5 Ways to Cope with a market Entering a Recession
#1 Optimize your profile accordingly by creating a balanced asset distribution table.
#2 Try focusing on the coins you have in-depth research on, and cut out any coins you have invested in by mistake.
#3 Learning from your mistakes, investing with sufficient knowledge, reading great content, and having a good understanding of financial basics are essential.
#4 Reduce FUD news, instead, find many other news articles that contain credible and authentic information.
#5 Everything has a cycle, so don’t rush, stay patient, and wait your turn again. While waiting, observe ongoing trends and ensure you have a DCA portfolio that can deduct 10-20% of your salary by disregarding whether the price of a coin rises or falls.
What is Metaverse?
Metaverse is a virtual world that uses the combination of virtual reality and mixed with the real world.
Metaverse Project Recommendation
There are many projects in the world of Metaverse, but the ones we hear about the most are Otherside, The Sandbox, and Decentraland.
#1 Otherside is a platform developed by Yuga Labs, creators of Bored Ape Yacht Club. The Otherside project is a GameFi based on Metaverse, where thousands of players can also play together in real-time.
#2 The Sandbox’s a virtual world platform where players can create and own various assets within the virtual world.
#3 Decentraland is another virtual world that allows users to buy real estate within the game and develop real estate into a virtual world as a business. Users can also monetize those buildings by collecting ad rentals or real estate rentals.
How is the cryptocurrency world connected to business?
There is a direct link to how many industries use blockchain technology for transparency and data tracking.
In the future, if most business turns to use Blockchain, will crypto be the general payment method? Will it be possible?
Stablecoin, the existence of this coin is to stabilize its price, which makes it easier to transfer the money without worrying about the cost going up or down.
Besides trends, why do you think businesses are becoming more interested in Cryptocurrency and Blockchain?
Like during COVID19, we have to have social distancing, so everything happens online, including transferring the money in the bank application, which we can see only the numbers on the screen. But we can’t know what the bank has been doing with our money in real-time, which makes people more interested in Blockchain because they are reliable in transactions without intermediaries like banks.
“Crypto Campfire by SIX” live sessions will be on the SIX Network Discord. If you’re interested to learn more or join one of the sessions, please kindly click on this link >> https://discord.gg/5gJQCXzcWf
Visit us at SIX Network for more.
SIX Network มีความยินดีอย่างยิ่งที่จะประกาศว่า SIX Token ($SIX) จะพร้อมให้ซื้อขายอย่างเป็นทางการบน Maxbit ในวันที่ 22 เมษายน 2568 โดย Maxbit คือโบรกเกอร์สินทรัพย์ดิจิทัลที่ได้รับใบอนุญาตและอยู่ภายใต้การกำกับดูแลของ ก.ล.ต.ไทย โดยได้รับการสนับสนุนจาก PTG Energy ที่พร้อมให้บริการซื้อ-ขายสินทรัพย์ดิจิทัลชั้นนำ
We’re thrilled to announce that SIX Token ($SIX) will officially be listed on Maxbit, a licensed digital asset broker platform
As we reach the final month of 2024, let’s take a look back at the highlights of this year, summarizing
We’re excited to announce that SIX Token ($SIX) will be listed on Gate.io, one of the world’s most renowned digital
SIX Token หรือ $SIX ลิสต์ขึ้นสู่แพลตฟอร์มใหม่แล้ววันนี้ บนกระดานแลกเปลี่ยนสินทรัพย์ “Gate.io” หนึ่งในแพลตฟอร์มการซื้อขายสินทรัพย์ดิจิทัลที่มีชื่อเสียงระดับโลก และมีความโดดเด่นเรื่องการรองรับสินทรัพย์ที่หลากหลาย มีฟีเจอร์การใช้งานบนแพลตฟอร์มที่ทันสมัย และมีมาตรการความปลอดภัยที่แข็งแกร่ง ซึ่งการลิสต์ SIX Token บน Gate.io ครั้งนี้ จะทำให้ผู้ถือเหรียญสามารถเข้าถึงการลงทุนได้มากขึ้น และเป็นการเปิดโอกาสให้ SIX
Samitivej Hospital introduces the ‘Divine Elite’ web application, a comprehensive healthcare program designed for all lifestyles and ages. Developed in