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Deciding the Right Path to Success

There is no pre-set rules or text books available that can guide a young graduate to succeed in his corporate career. He merely needs to know what he truly desire and have a strong determination to reach his goal. Without it, it is unlikely anyone can succeed, even if he is blessed with a lot of good luck along the way. In addition, he needs to stay focus and consistent in his pursuit and not be distracted no matter what.

Keeping focused on your goal means that we’re purposely fading out everything that pulls you away from your goal. It’s a disciplined lifestyle of choosing to see every struggle throught the lens of a single mindedness pursuit.

Focus on your goal, not your proble. Listen to your heart, not your insecurities. Don’t focus on your adversaries instead focus on possibilities. Understanding the bigger picture and the purposes. Take a break and celebrate every little success that come your way. Reward yourself once you have completed a task and repeat the same with a bigger reward when you achieve a bigger task in the future. Keep doing it and be persistent.

At the end of the day, one also need be pragmatic and if need be to adjust your goal in line with the latest development, trend and changes in the market. For example, it be suicidal to still pursue a career in film based photography in light of digital era and son on.

Lessons

Dare to network from a very young age. Join in for social events and seminars. Collect contacts and keep in touch
Be curious and explore what is out there
Be “seen” in the social networks to keep others informed of your availability and progress constantly
Dare to reach out to senior level people, even if they don’t notice you
Focus on investing / creating a name for yourself where your skills set are sought after and notice
Avoid being a generalist, but rather a specialist where your skills are unique and become more valuable as you ages
Many of Robert’s peers that progress usually do not depend on job applications or headhunters but rather on ex colleagues and ex bosses who are impressed with their skills while they were together. You be surprised how one can quickly climb the corporate ladders bypassing the need to wait for the next long list of grades purposely created to slow down the progress of any employee because of this “connection” built over the years.

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5 Benefits of Trading Cryptocurrencies

When it comes to trading cryptocurrencies, you have to speculate whether the market you have chosen will go up or down in value. And the interesting thing is that you never own the digital asset. Actually, the trading is done with derivative products like CFDs. Let’s take a look at the benefits of trading crypto currencies. Read on to find out more.

Volatility

While the cryptocurrency is a new market, it’s quite volatile because of the short-lived speculative interest. The price of bitcoin dropped to $5851 from $19,378 in 2018, in just one year. However, the value of other digital currencies is quite stable, which is good news.

What makes this world so exciting is the volatility of the value of crypto currency. The price movements offer a lot of opportunities for traders. However, this comes with a lot of risk as well. Therefore, if you decide on exploring the market, just make sure you do your research and put together a risk management strategy.

Business Hours

Typically, the market is open for trade 24/7 because it is not regulated by any government. Moreover, the transactions are done between buyers and sellers across the world. There may be short downtimes when the infrastructural updates take place.

Improved Liquidity

Liquidity refers to how quickly a digital currency can be sold for cash. This feature is important as it allows quicker transaction times, better accuracy and better pricing. Generally, the market is kind of illiquid as the financial transactions happen across different exchanges. Therefore, small trades can bring large changes in the prices.

Leveraged Exposure

Since CFD trading is considered a leveraged product, you can open a position on what we call “margin”. In this case, the value of the deposit is a fraction of the trade value. So, you can enjoy a great exposure to the market without investing a lot of money.

The loss or profit will reflect the value of the position at the time of its closure. Therefore, if you trade on margin, you can earn huge profits by investing a small amount of money. However, it also amplifies losses that may exceed your deposit on a trade. Therefore, make sure you take into account the total value of the position prior to investing in CFDs.

Also, it’s important to ensure that you are following a solid risk management strategy, which should involve proper limits and stops.

Quick Account Opening

If you want to buy crypto currencies, make sure you do so through an exchange. All you need to do is sign up for an exchange account and keep the currency in your wallet. Keep in mind that this process may be restrictive and take a good deal of time and effort. However, once the account is created, the rest of the process will be quite smooth and free of complications.

Long story short, these are some of the most prominent benefits of crypto currency trading in the here and now. Hopefully, you will find this article quite helpful.

Bitcoin mining emissions in China will hit 130 million tonnes

The carbon emissions associated with mining bitcoin have accelerated rapidly in China, and they will soon outstrip the total annual emissions of mid-sized European countries.

Analysis by Guan Dabo at Tsinghua University in Beijing, China, and his colleagues suggests that the total carbon footprint of bitcoin mining in China will peak in 2024, releasing around 130 million metric tonnes of carbon.

This figure exceeds the annual carbon emissions of countries including Italy and the Czech Republic.

By 2024, bitcoin mining in China will require 297 terawatt-hours of energy and account for approximately 5.4 per cent of the carbon emissions from generating electricity in the country.

Mining bitcoin relies on computers racing to solve mathematical puzzles, with miners receiving bitcoin for being the first to process a batch of verified transactions.

The number of bitcoin awarded for this are halved every four years, and the puzzles have become more difficult and require more computing oomph to solve. The cost of powerful computer equipment and the electricity to run it has also increased.The researchers predicted the emissions peak in China in 2024 based on calculations of when the overall cost of mining – the investment in computing equipment and the electricity costs – outweighs the financial rewards of selling mined bitcoin.

They used both financial projections and carbon emissions analysis to model the emissions footprint in China, taking into account factors such as location. “Are you in Shanghai, Beijing, or other places? That does matter because it determines what type of electricity you use,” says Guan. “Overall, from all of China’s bitcoin mining activity, 40 per cent is powered by coal.”

Bitcoin miners in Beijing or other parts of northern China are very likely to be using electricity from coal-powered plants. Mining in southern provinces – especially Guizhou, Yunnan and Sichuan – is in large part powered by hydroelectricity, says Guan.

Given China’s commitment to a 2060 net-zero carbon goal, regulations to reduce carbon emissions from bitcoin mining and future emergent sectors will need to be implemented, he says.

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