Unusual finance-international finance briefing

56

Momodou Camara (Acca)

Dear Money Money and Markets at Standard Newspaper, The Gambia Reader,
What do these three facts tell you? 1- despite the price falls in 2018, the backers of the New York Stock Exchange are launching a platform for institutional capital to buy cryptocurrencies – this month. (That’s the Bakkt project you likely keep hearing about.).

2- Crypto “use-cases” continue to rack up: AT&T, and Samsung has recently put bitcoin within reach of 163 million people… and other Fortune 500 companies are integrating cryptocurrency into their payment systems. 3- The price of many cryptocurrencies has soared in 2019. Bitcoin has more than doubled. Many smaller cryptos are up as much as 5,000% in a matter of months.

To me, they all indicate that something important is taking place in the crypto markets… A new cycle is beginning – one that promises to be potentially even bigger, and more lucrative, than the last. On that front, I have good news. My name is Nick O’Connor.

Publisher at Money Map Press’ sister company in the UK – Southbank Investment Research. On Thursday 26th September, one of the world’s top cryptocurrency analysts – a man who made 20,000% in Ripple and bought Bitcoin at $12 – joined me at Southbank Research HQ.

To showcase two specific ways he believes could potentially deliver huge long term gains from the crypto markets. These go far beyond Bitcoin and Ethereum. And they are hugely different from each other. The first is his number one crypto investment moving forward.

According to this analyst, the crypto he has in his sights is in a very similar position to Ethereum before the 2017 boom. And that’s why this is a “must own” crypto project.

It currently has a market cap just 0.3% the size of Bitcoin. (But if it captures just 2% of the total crypto market cap it will 10X.). The second is not a recommendation to buy any one coin in particular. But a technique which allows you to increase the amount of crypto in your wallet, without doing a thing.

Yes, you read that correctly. In fact, the technique this analyst would like to show you allows you to reap up to a 150% return on your crypto holdings – per annum – delivered into your crypto wallet every few days.

Outside of his private network, this analyst has never demonstrated this technique in such depth before. So it’s unlikely you’ll have already seen this technique in action.

A word of warning: cryptocurrencies are one of the most divisive asset classes in the financial markets. Perhaps that’s because they’re volatile and high risk.

Or perhaps it’s because mainstream analysts missed out on the chance to make amazing gains in 2016/17 and they’re bitter.

I don’t know. But I DO know that you should consider the facts yourself… and make your own mind up.

Don’t let other people do your thinking for you. If you want to see the bullish case for crypto laid out clearly – including three specific ways you can claim a “seed-stake” in the next phase of the revolution…
Best, Nick O’Connor
Publisher, Southbank Investment Research

THE CURRENCY MARKETS

*** These are indicative figures as per the 6th October, 2019.
THE COMMODITY MARKETS IN THE GREATER BANJUL AREAS

*** Market prices are as of 6th October, 2019
ENTREPRENEURSHIP CORNER
How do you know if you’re an entrepreneur? Well, if you’ve already started your own business, then that’s a pretty big giveaway! But what if you’re just considering it, but you’re not sure if you’re cut out for the task. If so, then read on for the following list of the top 10 qualities that, in my experience, define an entrepreneur. If you see yourself reflected in at least a few of the items on this list, you’re likely on the right track!

*****continued from the 24th. September 2019!
Tenacity
Anyone stepping into the waters of business ownership should be very clear on the fact that it won’t always be calm and sunny. There will be plenty of storms and plenty of days when you wonder why in the world you founded this business. You’ll face discouragement, setbacks, and times when you have to re-route your course altogether. Entrepreneurs who are tenacious have what it takes to survive these difficult times; those who don’t will flounder.

Invests in marketing
“If you build it, they will come,” only works in the movies. As an entrepreneur, you shouldn’t spend on frivolous costs, but you should always invest in marketing. In fact, I know a successful business owner who puts it this way – “Always pay Mark first.” Mark is the name he gave to his marketing budget. He realized if no one knew what he did or why it would benefit them, his business would end before it had even begun.

Be an artful negotiator
You may not be an artful negotiator right now, but if you want to be successful in business, it’s a skill you’ll have to learn right away. Negotiation happens in every stage of business – whether you’re dealing with a client, a supplier, or your staff. A successful entrepreneur develops the ability to create solutions where everyone wins.

Be customer-focused
Successful entrepreneurs are focused on their customers. Not only do they provide great customer service, all of their sales copy and website material is aimed at describing how they help customers with their deepest needs. No one can be a successful entrepreneur if they don’t have a clear understanding of their target customer and his or her fears, desires, and dreams.

Willingness to always learning
It’s been said that the only constant is change, and that’s truer in business today than it ever has been before. A successful entrepreneur knows that learning is never finished, and that there’s always something new to be discovered about the industry, business, or competition. By always being willing to learn, you’ll set yourself up to grow your skills and become a strong expert in your field.

High integrity
Business owners without integrity may be successful for a short time, but they’ll always be found out in the end. A lack of integrity gives your business a faulty foundation, and questionable accounting, personnel, or business practices will always ultimately undermine your company. A successful entrepreneur is a person of great integrity who builds businesses with outstanding reputations – not somebody who cheats and steals his way to the top.

Ability to build a top-notch team
No entrepreneur can do everything themselves, which is why building a team becomes a necessity at one point or another. Successful entrepreneurs have the ability to know what they aren’t good at or don’t enjoy, and hire someone who’s capable and skilled in that particular area.
Perhaps human resources isn’t your forte – in that case, a personnel manager should be your first hire. Maybe you’re a strong salesperson, but a lousy administrator. In that case, an assistant can help keep your enterprise organized. By investing in building the right team, you’ll set your business up for success.
You might read this list and feel disappointed if you don’t see yourself possessing all of these qualities. But don’t worry! Nobody starts out with all ten, but they can be learned, practiced, and applied until they become part of you. As you continually invest in yourself, you’ll see your abilities as a business owner – and the success of your company – grow exponentially.

SUCCESSFUL ENTREPRENEURS’ QUOTES
7. “It’s only when the tide goes out that you discover who’s been swimming naked.”
Tip: When times are good, everyone seems to be a winner. It’s what happens when times change that proves who’s really ahead.
By: Warren Buffet

8. “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
Tip: Focus on the substance, and the value will flow from there.
By Warren Buffet

9. “Our favorite holding period is forever.”
Tip: While there’s value in moving quickly, the stock market can’t be timed. When your horizon is forever, you can ride out the waves.
By Warren Buffet

10. “It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”
Tip: The people around you matter. Surround yourself with people better and smarter than you. It’s amazing how much you can grow.
By Warren Buffet