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Category: Internet

A Vast Category

Is Investing in the Stock Market a Bad Idea These Days?

Investing in the stock market seems to be one of those jobs that everyone envies. After all, you’re basically shifting money around and pocketing some of it for yourself. You make money off other people making money, so everyone’s happy at the end of the day–right?

If you’ve been following recent events then you’ll no doubt have learned about the millions that people have made from GameStop stocks. Without going into too much detail, it was essentially a rebellion by Reddit users to raise the prices of a shorted stock so that hedge funds would be forced to buy them back and suffer huge losses. This was essentially a way for many people to vent their anger at the rich and stick it to them.

However, while many people profited off it, the stock has since plummeted and it was clear that there was a lot of intervention by these rich elites that helped to crush the surge. For example, several trading platforms disabled the buying of GME and Google even removed many negative reviews of the offending app.

So with all of this in mind, is investing in the stock market a bad idea? Is it clear that it’s just being manipulated by the rich and wealthy and everyone else is just along for the ride?

Investing makes sense if you believe in the brand

A lot of people try to invest in order to make money. They want to become day traders and shift stocks around to make a living. Unfortunately, this is a big investment mistake if you’re just getting started. You really need to have a lot of money if you want to make money, and this is sadly not possible for most people.

You can try to trade less expensive stocks to try and make money, but there’s always a possibility that you miscalculate something and end up losing all of your investment. That’s not a good place to be, especially if you’re not doing great with your money in the first place.

Instead, a much better approach to investing is to actually put your money where your trust is. If you truly believe in a brand and are willing to support it, then there’s no problem investing in their shares if they’re a publicly-traded company. Companies such as Netlinkz have much more stable share prices and they’re less likely to attract the attention of big investors that can manipulate the price.

At the end of the day, if you believe in a brand, then you can show your trust in them and invest. This is arguably the best way to approach trading–by buying into brands that you truly believe in and want to support.

Investing isn’t gambling, but you need to be well-informed

Trading isn’t for everyone. It’s going to be out of your element unless you’re well-informed and you’re either going to end up losing money or making a lucky investment that pays off. For example, there are many people that cashed out during the GME situation and they ended up making a lot of money.

However, that still isn’t a get-rich-quick scheme and now that the price is plummeting, it’s clear that a lot of people have lost money in the process. Investing in the stock market might not be a bad idea, but thinking of it as a way to get rich is a quick way to lose your investment.

I made some shirts

Over the years, I have kept a running list of t-shirt ideas in the back of my mind, thinking that someday “I should make a t-shirt out of that.”

I finally made the effort, and now I have a shop set up where you can buy some silly things I created. Not only are they available as shirts, but you can order them as hoodies, onesies, notebooks, stickers, coffee mugs, and more.

It’s a Festivus miracle!  

Check out the shop, or browse some of the available things below.

Initiative Q

There is a new currency and payment network built by ex-PayPal employees called Initiative Q. The Q currency is currently being allocated for free if you are invited by an existing member. The idea is that if millions of people join, Q could become a leading payment network, and, according to well-known economic models, that means the value of the reward would be around $130,000. The amount you reserve upon signup decreases every day, and each member has a limited number of invites. You can use my invite link here: https://initiativeq.com/invite/Br3w9plhX

You only need to give your name and email address, then your spot is reserved. You don’t ever have to hand the a dime if you don’t want to, so there is no harm in trying it out, in case this does ever take off.

I remain skeptical, but I thought I’d share, in case anyone else is curious.

Using IFTTT to connect Reddit to Discord

I spent far too long this morning trying to get posts from a particular subreddit to show up in a particular channel on a Discord server I belong to. There was a lot of bad and wrong information out there on how to do this, and finding the correct way took me down many incorrect pathways.

The goal here is to set up the workflow like this:

Reddit post in /r/yoursubreddit > IFTTT applet > Discord webhook > posted to your Discord channel

Essentially, the Discord webhook is a very simple Discord bot that is fed content by IFTTT when someone posts to the subreddit of interest. The webhook takes that content and feeds it to the channel you desire.

For the record, this is the way to do it.

Prerequisites

  • A sufficient user role to edit the channel settings on Discord of the channel you want to post your Reddit content to.
  • Webhooks capability enabled for your Discord user role *and* for the channel you want to use. See here for more info on how to enable Webhooks.
  • An If This Then That (IFTTT) account.
  • Optional: an image/icon for the webhook. This will show up for the account that will be posting the Reddit post to your Discord channel. I used this one.

The Setup

Let me preface this by saying that these instructions were created using the desktop version of Discord and a desktop web browser. It may be a little more tricky on mobile, and what you see may be a little different, but perhaps not.

Create a webhook for your Discord Channel.

1. Go to the Discord channel you want to use and click the gear icon to Edit Channel:

 

 

 

2. Click Webhooks in the left-side menu, then click the blue Create Webhook button on the right.

3. Give your webhook bot a name such as “Reddit post bot” and select the channel you are having it post to.

4. This is where you can optionally upload an icon for this bot. This will show up as the user icon when this bot posts to Discord.

5. Copy the Webhook URL, or keep it handy, so that you can paste it elsewhere in a few steps.

6. Click Save.

Create an IFTTT recipe

8. Open your IFTTT account, go to My Applets, then click New Applet.

9. Click the blue “+this” to add the first action.

10. Use “Search services” to search for Reddit, and choose the “Any new post in subreddit” trigger

11. For the “Subreddit” field, enter the subreddit you want to use without the “/r/” in front of it. For example:

12. Click Create Trigger.

13. Now you should see something like the following:

 

 

Click the “+that” link.

14. This time, under “Search services,” search for “webhooks.” Select the result and click “Make a web request.”

15. Now you can paste the Webhook URL you created in Step 5 above into the URL field here.

16. For “Method” choose POST and for Application Type choose “application/json”

17. Here’s the crucial part. Under “Body” copy and paste this entire line of json code exactly as-is EXCEPT, change YOUR BOT’S NAME to the name you want to give this bot (such as “Reddit Feed Bot” or “Fred”):

{ "username":"YOUR BOT'S NAME", "content":"I have received a new post!", "embeds":[{ "title" : "{{PostURL}}", "author": { "name": "'{{Title}}' by {{Author}}" }, "description" : "{{PostedAt}}", "url" : "{{PostURL}}" }] }

Optionally, you can change the “I have received a new post!” text to anything you want to show up any time there is a new post to Discord from this bot. Leave all the rest of the code as-is.

18. Click Save.

That’s it! Any new posts in the subreddit you chose should now show up in the Discord channel you chose. Keep in mind that it isn’t instant. It usually take about 15 to 30 minutes for new posts to show up for me, for whatever reason. If anyone knows how to speed that up, please feel free to post the solution in the comments section below.

Enjoy!

Facebook, Privacy, and Staying Safe Online

Care about your privacy in the wake of all the Facebook news?

Switch to Mozilla Firefox as your main browser. It is now faster than Chrome or Internet Explorer, it uses less memory, and it goes a lot further to care for your privacy online and keep you safe. https://www.mozilla.org/en-US/firefox/new/

Use Facebook in a restricted container to prevent it from tracking you when you are not on Facebook: https://blog.mozilla.org/fire…/facebook-container-extension/

Install the uBlock Origin add-on for Firefox to prevent trackers, ads (which are in and of themselves trackers), malware, and other nasties from harming you online. https://addons.mozilla.org/en-…/firefox/addon/ublock-origin/

Install EFF’s Privacy Badger add-on for Firefox to prevent even more tracking that uBlock doesn’t necessarily cover. https://addons.mozilla.org/…/firef…/addon/privacy-badger17/…

This setup will not only help you keep Facebook at arm’s length, it will help you in general to avoid malicious advertisements, malware, ransomware, and various types of web browser hijacking while surfing the Internet. Of course, you can always choose to leave Facebook altogether with these alternatives.

Remember too that you will be safer and enjoy more privacy online if you make a point of using a hardwired internet connection, rather than wi-fi. Although wi-fi can be useful in many ways, hardwired is the way to go if you care about your personal safety, online and offline.

Enjoy, and stay safe!

How Do I Get Hold Of Cryptocurrency?

Now that everything seems to be transitioning from the physical world to online, you may be considering trying out some cryptocurrency for yourself and joining the millions of people who trade online using this form of payment.

Currencies such as Bitcoin are taking over the online world and are now totally accepted as legal tender in online forums. Because so many people are now invested in this currency, a single bitcoin can be worth thousands of dollars, which is why getting hold of one for yourself could be a lucrative way to make some extra cash. But how do you go about investing in such as mysterious currency? Where does it even come from?

Even though a cryptocurrency is called a currency, it actually resembles a stock more closely. The reason for this is that when you buy a coin online, you are essentially investing our money into the system which creates these coins. As more people invest their money into cryptocurrency the value increase, which is why you will see the rate for a bitcoin change every single day along with the market. The trick is to time your investment correctly and buy a bitcoin when prices are low, then sell it on for a profit when prices rise. Simple, right? If you are looking to buy bitcoins as well as earn, Xcoins.com is perfect for you.

Cryptocurrency Exchanges

The exchanges are not only a place where we can all trade our stocks, it is the place where we can trade our crypto currencies. These online platforms are used in the same way as other currencies and stocks and will give you the chance to buy and sell a coin when the time is right for you. Coinbase is the most popular and one of the most reliable of the platforms you can use, and it will give you a beginner friendly experience to use for your trading. It will give you an insight into the world of trading cryptocurrency without all of the confusing jargon to rifle through.

Cryptocurrency Wallets

When you start trading on a platform you will need to open up a wallet to store your coins in as you go along. Finding the best cryptocurrency wallet is essential is you want to keep your coins safe and allow yourself to trade successfully. It is something which will likely cost you money but it will mean that no hacker can steal your coins once you have bought them. This removes the risk you have for losing your investment and makes sure that you can get the best deals.

If you want to start trading in cryptocurrency you will want to make sure you keep your eye on the trends and also make sure that you save up a decent fund to invest in the currency. If you cannot afford a full coin you can buy a portion of one which will be just as useful to you and which you will still be able to trade online for products. It’s all about taking your time to learn the ropes and only jumping in when you are absolutely ready to invest.