๐งพTop 3 lessons from great minds to remember when investing in hard times:
โญ๏ธDownturns create opportunities
โA market downturn doesnโt bother us. It is an opportunity to increase our ownership of great companies with great management at good prices.โ
Warren Buffet
โญ๏ธBuy from pessimists
โThe intelligent investor is a realist who sells to optimists and buys from pessimists.โ
Benjamin Graham
โญ๏ธStay levelheaded
โA lot of people with high IQs are terrible investors because theyโve got terrible temperaments. You need to keep raw, irrational emotion under control.โ
Charlie Munger
Put โค๏ธ if you agree
โญ๏ธDownturns create opportunities
โA market downturn doesnโt bother us. It is an opportunity to increase our ownership of great companies with great management at good prices.โ
Warren Buffet
โญ๏ธBuy from pessimists
โThe intelligent investor is a realist who sells to optimists and buys from pessimists.โ
Benjamin Graham
โญ๏ธStay levelheaded
โA lot of people with high IQs are terrible investors because theyโve got terrible temperaments. You need to keep raw, irrational emotion under control.โ
Charlie Munger
Put โค๏ธ if you agree
โค12
Hey, Nimbus Community๐
Decentralization is one of the major breakthroughs of the blockchain sector, and it opens possibilities that werenโt available in traditional finance.
So todayโs glossary covers a model based on this concept: DAO.
Letโs see what DAOs are, how they function, and why they are an advancement.
DAOs are internet-native organizations where the decisional and management power is in the hands of their members. The foundational rules are set in smart contracts that also execute the decisions made by the token holders.
Key aspects:
- Fully autonomous
- Transparent
- Built-in treasury only accessible with membersโ approval
- Decisions made through proposals and voting
- No hierarchical structure
DAOs are built on open-source blockchains, so anyone can view their code or audit the built-in treasuries. They are fully transparent, and all transactions are recorded on the blockchain.
The main advantage of a DAO is that members donโt need to trust another party; they only need to trust the code. And the code is heavily tested and verifiable.
Participation is another significant advantage. Any member can submit a proposal for developing the organization, and if it receives enough votes, it can be implemented. All operations are decided by following the participantsโ opinions.
Decentralization is one of the major breakthroughs of the blockchain sector, and it opens possibilities that werenโt available in traditional finance.
So todayโs glossary covers a model based on this concept: DAO.
Letโs see what DAOs are, how they function, and why they are an advancement.
DAOs are internet-native organizations where the decisional and management power is in the hands of their members. The foundational rules are set in smart contracts that also execute the decisions made by the token holders.
Key aspects:
- Fully autonomous
- Transparent
- Built-in treasury only accessible with membersโ approval
- Decisions made through proposals and voting
- No hierarchical structure
DAOs are built on open-source blockchains, so anyone can view their code or audit the built-in treasuries. They are fully transparent, and all transactions are recorded on the blockchain.
The main advantage of a DAO is that members donโt need to trust another party; they only need to trust the code. And the code is heavily tested and verifiable.
Participation is another significant advantage. Any member can submit a proposal for developing the organization, and if it receives enough votes, it can be implemented. All operations are decided by following the participantsโ opinions.
โค6๐2
The hottest crypto happenings for Oct, 26 ๐ฅ
๐ Swiss Seba Bank launches NFT custody.
๐ Amazon to let customers pay with Venmo at checkout.
๐ Western Union may be preparing to offer crypto-related services.
๐ Microsoft is working to bridge its services with the metaverse.
๐ The UK has a new name for stablecoins and a new bill to regulate crypto.
๐ Swiss Seba Bank launches NFT custody.
๐ Amazon to let customers pay with Venmo at checkout.
๐ Western Union may be preparing to offer crypto-related services.
๐ Microsoft is working to bridge its services with the metaverse.
๐ The UK has a new name for stablecoins and a new bill to regulate crypto.
๐ฅ5๐1
This media is not supported in your browser
VIEW IN TELEGRAM
When you found out your friend also uses @nmbplatform earning strategies ๐ค๐ค
โค6๐6๐พ2
Time to announce the winners of our #FridayContest!๐ฅณ
Here are 5 lucky ones to get $100 in NBU:
๐https://twitter.com/nmbplatform/status/1585653208671739904
Thanks to each & everyone for participating!
More to come so stay tuned ๐
Here are 5 lucky ones to get $100 in NBU:
๐https://twitter.com/nmbplatform/status/1585653208671739904
Thanks to each & everyone for participating!
More to come so stay tuned ๐
๐8๐3โก2
๐ POLL TIME ๐
What best describes you?
What best describes you?
Anonymous Poll
72%
๐Trader/Investor
10%
๐คฉ Developer
10%
๐ฅ Investigator/Media
9%
โค๏ธ Other
๐9
๐จ It's that time of the week again!
Nimbus #FridayContest!
Rules:
โ Follow https://twitter.com/nmbplatform
โฅ๏ธLike and โป๏ธRT this tweet
https://twitter.com/nmbplatform/status/1586018178161086465
๐ซTag two friends
5 lucky ones will get $20 in $NBU!
Good luck ๐
Nimbus #FridayContest!
Rules:
โ Follow https://twitter.com/nmbplatform
โฅ๏ธLike and โป๏ธRT this tweet
https://twitter.com/nmbplatform/status/1586018178161086465
๐ซTag two friends
5 lucky ones will get $20 in $NBU!
Good luck ๐
๐ฅ5๐2๐คฉ1
The hottest crypto happenings for Oct, 28 ๐ฅ
๐ Elon Musk completes $44bn Twitter takeover.
๐ As one of Elon Musk's equity co-investors, Binance will brainstorm plans and strategies that could help Elon Musk run Twitter.
๐ Costa Rica might be the next country to establish Bitcoin as regulated currency.
๐ Blockchain venture firms to invest $100M in Busan city for ecosystem development.
๐ Elon Musk completes $44bn Twitter takeover.
๐ As one of Elon Musk's equity co-investors, Binance will brainstorm plans and strategies that could help Elon Musk run Twitter.
๐ Costa Rica might be the next country to establish Bitcoin as regulated currency.
๐ Blockchain venture firms to invest $100M in Busan city for ecosystem development.
๐4
๐งพTop 3 lessons from great minds to remember when investing in hard times:
โญ๏ธ Your behavior matters
โWealth isnโt primarily determined by investment performance, but by investor behavior.โ
Nick Murray
โญ๏ธ Stay optimistic
โTo be an investor, you must be a believer in a better tomorrow.โ
Benjamin Graham
โญ๏ธ Resist the temptation to always do something
โSometimes the hardest thing to do is to do nothingโ
David Tepper
Give a โค๏ธ if you agree with them
โญ๏ธ Your behavior matters
โWealth isnโt primarily determined by investment performance, but by investor behavior.โ
Nick Murray
โญ๏ธ Stay optimistic
โTo be an investor, you must be a believer in a better tomorrow.โ
Benjamin Graham
โญ๏ธ Resist the temptation to always do something
โSometimes the hardest thing to do is to do nothingโ
David Tepper
Give a โค๏ธ if you agree with them
โค5๐ฏ3๐พ1
Today is the best day to start your journey in DeFi, where everybody has equal opportunities to fulfill their goals.๐
๐Join us: https://link.nimbusplatform.io/guf
๐Join us: https://link.nimbusplatform.io/guf
๐5๐ฅ1๐1
The hottest crypto happenings for Oct, 31 ๐ฅ
๐ Thailand and Hungary to jointly explore blockchain tech.
๐ The 9-paged Bitcoin Whitepaper turns 14 years old today.
๐ India plans to launch the digital rupee.
๐ Binance CEO says he wants to help Elon Musk bring Twitter into Web3.
๐ Thailand and Hungary to jointly explore blockchain tech.
๐ The 9-paged Bitcoin Whitepaper turns 14 years old today.
๐ India plans to launch the digital rupee.
๐ Binance CEO says he wants to help Elon Musk bring Twitter into Web3.
๐7๐2๐ฅ1
The hottest crypto happenings for Nov, 1 ๐ฅ
๐ Crypto.com to issue its own crypto Visa card in Singapore.
๐ South Korean regulators aim to toughen crypto fraud punishments.
๐ South African supermarket chain Pick n Pay now accepts Bitcoin payments.
๐ NBA superstar Stephen Curry to introduce his own version of the Metaverse.
Put ๐ฅ if you like today's news
๐ Crypto.com to issue its own crypto Visa card in Singapore.
๐ South Korean regulators aim to toughen crypto fraud punishments.
๐ South African supermarket chain Pick n Pay now accepts Bitcoin payments.
๐ NBA superstar Stephen Curry to introduce his own version of the Metaverse.
Put ๐ฅ if you like today's news
๐4โค2๐ฅ2
Hey, Nimbus Community๐
The word is already out about our new governance token.
However, a majority of our community members are not so keen about representing the token using the ticker - Nimbus_DAO
Since your thoughts are key in Nimbus's development, we decided to heed to the consensus and re-name the new governance token as - GNIMB!
The new token symbol shares synergy with the new Nimbus native token - NIMB, and is much more standardized according to industry standards!
We appreciate your valuable feedback that helped establish a more optimal representation for the upcoming token!
If you're new to Nimbus and trying to catch up with the new tokenomics, here's a quick explainer on-
Why did we refactor the GNBU token contracts?
Because it will enhance Nimbusโ governance process by enabling equal participation for all key DAO participants. We will keep updating you on the details of the launch and on how the transition will actually happen.
For now, hereโs a quick tip๐
These are the dApps that GNIMB will be implemented in:
โ Swap machine
โ LP Staking
โ NFT Smart LP
โ NFT Smart Staker
โ Soft & Hard Staking
We have less than a month until the launch. So stand by for more updates coming your way. Rest assured that we are making all the efforts to make this a smooth process with no inconvenience on your part.
The word is already out about our new governance token.
However, a majority of our community members are not so keen about representing the token using the ticker - Nimbus_DAO
Since your thoughts are key in Nimbus's development, we decided to heed to the consensus and re-name the new governance token as - GNIMB!
The new token symbol shares synergy with the new Nimbus native token - NIMB, and is much more standardized according to industry standards!
We appreciate your valuable feedback that helped establish a more optimal representation for the upcoming token!
If you're new to Nimbus and trying to catch up with the new tokenomics, here's a quick explainer on-
Why did we refactor the GNBU token contracts?
Because it will enhance Nimbusโ governance process by enabling equal participation for all key DAO participants. We will keep updating you on the details of the launch and on how the transition will actually happen.
For now, hereโs a quick tip๐
These are the dApps that GNIMB will be implemented in:
โ Swap machine
โ LP Staking
โ NFT Smart LP
โ NFT Smart Staker
โ Soft & Hard Staking
We have less than a month until the launch. So stand by for more updates coming your way. Rest assured that we are making all the efforts to make this a smooth process with no inconvenience on your part.
โคโ๐ฅ15๐3๐1