Leo Magazine #4: Week 50 - Trump, CEX, NFTs, Crypto scam, Neobank, Canada, Solana and more!

I welcome you friend to another edition of Leo Magazine. As it is done every Sunday, this publication will show you some quality, hand-picked articles published in the community in the last 7 days. With so much finance and crypto articles available in Leo Finance, this guide is a good place to start exploring. I hope you will enjoy the selections.

Published 7 days ago

Bitcoin cycles still happen though unpredictable.

We start with this article by @johnwege where he looks at bitcoin cycles and price predictions. He believes that another bitcoin cycle will happen and it would last just few days. Many people have failed at declaring the death of bitcoin cycles multiple times, but what are the reasons to believe that more bitcoin cycles will happen? Details in this post below:

• Are Bitcoin Cycles Dead?

Its probably risky to trust Central banks

In this article, @beggars looks at why central banks should be more responsible with their money policies. A case study of the governor of the Reserved bank of Australia Philip Lowe indicates that central banks can cause citizens to loose money by making mistakes they shouldn't. See how Lowe made Australians loose money and lessons for everyone that lives in a country with central bank, in this post:

• The Ethical Responsibilities of Central Banks

Published 6 days ago

Do your own research well before investing

@cryptoandcoffee explains why some investors get into the wrong crypto investments. He examined some red flags that you should watch out in any crypto projects, like projects that offer strictly long term investment periods. Should you invest if a crypto has no use-case? Find out this and more below.

• Most Investors Still Don't Understand Crypto

Neobanks in crypto have huge potential!

@esmeesmith writes an informative article on how Neobanks in the crypto space can do a great work which traditional banks are not able to do. One important work of crypto Neo banks according to the author is that they keep intruders and spammers away from your crypto assets. There are more benefits that you can check out in the post below:

• Neobanks in Crypto : What are they?

Published 5 days ago

If it is too good to be true, it probably is.

Crypto scams are popular and it is all too easy to loose your money if you are not careful. @akinolawilly shares some important tips to help you stay safe. For example, you should generally avoid high-yielding investments. Learn more below:

• When investing or trading, how can we avoid crypto scams(ponzi schemes)?

Tokenized real estate is a double-edge sword.

As tokenized real estate is becoming household name, @sapphirecrypto looks at some of the pros and cos you should know about it. One of the pros mentioned by the author is that when holding the tokens that represent the property, an investor can decide to sell it if the market is not doing well. That is difficult for a physical property. There is more below:

• Understanding The Benefits & Pitfalls Of Tokenized Real Estate

Published 4 days ago

More crypto crackdown from central authorities

The FTX collapse has given various governments more reasons to push for crypto regulation. Canada has taken this step and banned crypto platforms from doing margin trading. What does this mean for Canadian crypto users and users from other parts of the world? Find out from this article by @rezoanulvibes.

• Canada Prohibits Crypto Platforms From Offering Any Leveraged Trading Services

Your life could be better with crypto

Cryptocurrency is already making life better. For example, it is easy now to send payments across borders in seconds. In many places this is something that could take days using traditional financial systems (bank). @badbitch mentioned the above while explaining how crypto improves lives. Check it out and more below:

• Crypto could potentially reduce cost of living

Published 3 days ago

The bear market is a special time to build

@lbi-token has some piece of advice for you during this time of much FUD. Signals of doom are all over the place since the FTX collapse and many crypto owners are selling in fear. But what are some reasons why you should be building in this time of uncertainty? Find the answer below.

• Ignore The Noise

Solana is connected!

@cryptosimplify writes about a lot of positive things done by the Solana network recently, although crypto generally is be-clouded by the FTX doom. One of the projects that helped Solana to become solid-footed after it came into existence is NFT. Solana NFTs were successful, and so was its partnership with Ethereum - the developers blockchain. There is more in this article below which should make you have an interest in Solana. Check it out:

• Solana partnerships and innovations

Published 2 days ago

Be careful scam is everywhere

Since recently, the crypto industry has been spotlighted as one full of scam. But in this article, @globalcurrencies concludes that all industries and countries have one form of scam or the other. Here is what to do whether you are in the education sector, health industry or crypto.

• No Industry Is Free From Scams

Invest with the future in mind

@acesontop looks at the two major trading or investment strategies employed by most traders. Why he does not endorse any, he gives valid reasons why anyone venturing into the unknown world of cryptocurrency should always have the future in mind. Read below

• Long or Short?

Published 24 hours ago

Could Ethereum crash?

This article by @tomlee looks at some reasons why Michael Saylor believes that Ethereum will eventually follow the path of Luna. He also think that there is only one crypto currency that could be trusted. Which one? Find out details in this article

• Microstrategy Founder Michael Saylor Believes Ethereum (ETH) Could Crash Like Terra (LUNA)

Centralized exchanges are important nonetheless

@teesart strongly believes that CEX are crucial to the crypto industry and should be allowed to remain. But then the FTX saga has created panic among crypto users. Find out the reasons why the author thinks that crypto may not survive without CEX.

• Would Crypto Survive Without Centralised Exchanges?

Conclusion

I am sure you enjoyed some or all of these articles featured. Find time to go through them and why not engage with the author. Leo Finance is home to numerous publications that discuss money, crypto and finance. I am sure you will continue to explore, learn and enjoy these valuable pieces of knowledge. Have a great week!!

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