Teddy Fusaro, president of Bitwise, one of the crypto index fund managers, has praised the business model of Tether, the company behind the largest stablecoin in the crypto market. Fusaro emphasized that Tether obtained net income numbers close to the ones of traditional institutions such as Goldman Sachs and Morgan Stanley in 2023, with a […]
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ceτi AI, a pioneering decentralized artificial intelligence infrastructure provider, is thrilled to announce the successful launch of its CETI token. Founded by a team of visionaries led by Dennis Jarvis (formerly of Bitcoin.com and Apple), ceτi AI is on a mission to democratize access to AI by building a globally distributed, high-performance, intelligent, and scalable […]
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Shark Tank star Mark Cuban is famous for his eye for talent, but says there’s one trait he spots in successful people that stands them apart from the rest.
Speaking to entrepreneur and VC Randall Kaplan on the In Search of Excellence podcast, the Dallas Mavericks owner added individuals are completely in control of the single habit that will make them a winner.
“The one thing in life you can control is your effort,” the man worth $6.6 billion according to Bloomberg’s Billionaires Index said. “And being willing to do so is a huge competitive advantage, because most people don’t.”
Effort isn’t just simply turning up on time, Cuban says, it’s proactively problem solving and going above and beyond your role requirements.
“There’s some people, or employees, that if you tell them to do A, B, and C, they’ll do A, B, and C and not know that D, E, and F exists,” Cuban explained. “There [are] others who aren’t very good at details: If you tell them to do A, B, and C, all they want to do is talk about D, E and F.”
If they’re not willing to put in the work? “Don’t apply for a job with me,” Cuban said.
They say that the number one reason people leave their jobs is their manager—but according to Cuban disliking your boss can actually be a boon.
The serial entrepreneur had some brutal news for people struggling with their managers, telling them they need to learn from their boss’s mistakes instead of throwing in the towel.
On the podcast Cuban recounted the explosive relationship he had with a boss early on in his career at Mellon Bank in the 1980s.
Explaining the pair had disagreed over Cuban’s proactive nature, the Dallas Mavericks owner said it taught him a great deal about how not to behave, a key skill for aspiring managers and entrepreneurs.
Cuban acknowledged it can be tough if you don’t like your boss but said disgruntled employees needed to reframe the situation as a learning moment, grit their teeth, and get on with it.
“There’s two things to consider. One is always realize you’re a free agent, you’re allowed to look for your next job while you’re in your current job,” the Cost Plus Drugs founder began.
“But more importantly—and this particularly applies to your first job—is that in college you paid to learn but now that you’ve graduated you’re getting paid to learn. Take advantage of the ‘to learn’ part of it.
“That’s where people who are in jobs they don’t like make a mistake. They’re so miserable they just can’t wait to get out and they don’t realize that you can learn more from the jobs you don’t like than the jobs you do like.
“Learning what not to do is just as critically as important as learning what to do—particularly if you have any aspirations to go on to management or to launch a company.”
He added that at the jobs and companies which hadn’t worked out for him, he’d learned “as much, if not more” than the employers where he’d had a positive experience.
Cuban said working a job you don’t like is like attending a class at school you don’t enjoy: “If you really make an effort to learn, not just ‘I’m an accountant, I’m counting rolls of carpet for an audit’ but ask ‘How is the company run? How are managers managing? If I don’t like my boss, why? Is there a way I can communicate with that boss that makes me better at communicating?’
“Learn from what they’re doing so you don’t do the same when you become a boss.”
Early on in careers it can be “hard to have that perspective”, Cuban added, but said: “Look at your ultimate goal and within the context of that ultimate goal, what can you learn for your current set of circumstances?”
This story was originally featured on Fortune.com
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Cryptocurrency trading can be a lucrative activity for those who are knowledgeable and disciplined. With the right strategy, research, and risk management, you can profit from the rising values of cryptocurrencies – and avoid the pitfalls that have led some investors to lose significant amounts of money. In this article, we’ll share 10 essential tips for successful cryptocurrency trading that you can use to make smarter investment decisions.
To trade cryptocurrencies successfully, you need to have a deep understanding of the market and its dynamics. This includes knowledge of the various cryptocurrencies, their uses and applications, historical trends and patterns, and market sentiment. This knowledge will help you select the most promising digital assets, anticipate market movements, and make informed trading decisions.
Choosing the right cryptocurrency exchange is critical to your trading success. There are many exchanges to choose from, but not all are created equal. You should select an exchange with a user-friendly interface, low trading fees, good liquidity, and a high level of security. Some of the most popular exchanges include Binance, Coinbase, Kraken, and Bitfinex.
To make accurate trading decisions, you need to have a good understanding of technical analysis. Technical analysis involves studying charts, patterns, and indicators to predict future price movements. By learning how to read and interpret charts, you can identify trends, support and resistance levels, and other key trading signals.
Successful cryptocurrency trading requires having a well-defined trading strategy. Your strategy should be based on your trading goals, risk tolerance, and market analysis. Some popular trading strategies include trend following, scalping, and swing trading. You should also have a clear plan for entering and exiting trades, as well as risk management measures in place.
Before risking real money, it’s a good idea to practice trading on a demo account. Many exchanges offer demo accounts that allow you to trade with virtual funds. This can help you get comfortable with the trading platform, test your strategy, and gain confidence before trading with real money.
Keeping up with the latest news and events in the cryptocurrency market is crucial for successful trading. Follow reputable sources of information, such as industry publications, social media channels, and official announcements from cryptocurrency projects. By staying informed, you can identify opportunities and avoid potential risks.
Although it’s possible to make significant profits from cryptocurrency trading, it’s important to have realistic expectations. The market is volatile and unpredictable, and there is always the risk of losing money. Don’t expect to become a millionaire overnight, and don’t invest more than you can afford to lose.
Stop-loss orders are an essential risk management tool for cryptocurrency traders. A stop-loss order is an instruction to automatically sell a cryptocurrency when it reaches a certain price. This can help you limit your losses and avoid the temptation to hold onto a losing position in the hopes of a rebound.
Diversification is key to reducing risk in cryptocurrency trading. Rather than investing all your funds in a single cryptocurrency, you should spread your investments across a range of digital assets. This can help you weather fluctuations in individual coins and reduce your exposure to market volatility.
Keeping a trading journal is a valuable practice for cryptocurrency traders. Your journal should include details of your trades, such as the assets involved, entry and exit points, and profit or loss. This can help you identify patterns in your trading behavior, learn from your mistakes, and refine your trading strategy over time.
In conclusion, successful cryptocurrency trading requires knowledge, discipline, and a well-defined strategy. By following these 10 tips, you can increase your chances of making profitable trades and minimize your risks in the volatile cryptocurrency market. Remember to keep learning, stay informed, and always practice responsible risk management. Happy trading!
Terra LUNA co-founder Do Kwon successfully appealed against the prosecution’s request to keep him in custody, and is out on bail as of June 5.
The Podriga Basic court overseeing the case granted the bail request and accepted the initial amount of $400,000. The high court had previously annulled the bail on May 18 after prosecutors alleged the bail amount was not a sufficient indicator of Kwon’s assets.
Prosecutors had requested the bail be denied on the basis that Kwon had not declared the full extent of his assets, and as such, the bail amount was too low.
However, the Basic court ruled that the disclosures were sufficient after verifying the information provided on the basis that Kwon and former Terra executive Han Chang-Joon are not citizens of the country. Additionally, it concluded that the bail amount was adequate to dissuade the two from fleeing.
As part of the bail, the court set conditions of house arrest and close monitoring. The two are not allowed to leave their apartment until the case is concluded. If found guilty, they face a prison sentence of three to five years in Montenegro.
The court also said that the fake documents need further verification from Belgian authorities and instructed prosecutors to do so.
The next hearing is slated for June 16.
Kwon’s home country South Korea and the U.S. are both looking to extradite and prosecute him locally for his part in the collapse of Terra LUNA and the billions in losses investors suffered because of it.
Both countries have filed requests for extradition with Montenegrin authorities. However, the country has rejected the initial requests and intends to prosecute Kwon for his local criminal offenses first.
It is unclear whether Montenegro will extradite Kwon to the U.S. or South Korea afterward.
The Montenegrin government said it will entertain extradition requests after he has been cleared of all charges or served the appropriate sentence in the country.
Kwon was arrested at an airport in Podriga, Montenegro in late March. He was detained by local authorities over using fake identifications documents to board a plane from Podriga to Dubai.
Authorities found three different passports on Kwon’s person, including a Belgian one.
He was subsequently arrested and later put on trial for his alleged criminal offenses within the country. Kwon has plead not guilty to all charges.
The post Do Kwon out on bail under house arrest after successful appeal appeared first on CryptoSlate.