9 Ways To Identify Scam Setups In Cryptocurrencies

1. Unregulated Exchange

Some traders will make it hard to pull out cash after you contribute there. They charge high commission expenses, and you can lose huge load of cash. Financial backers and clients ought to be more careful about traders that like to guarantee high benefits and different advancements. Stay alert.

2. Counterfeit Wallet

There are different crypto wallets available that can hold your crypto coins. However, not all things are true. Since the ascent of crypto tricks, the rise of phony and fake wallets has also expanded. They offer as a spot to store your coins but when you load your crypto or make purchase there, you can lose everything.

3. Bitcoin Trading

Bitcoin is one of the main cryptocurrencies forms of money available and quite possibly the most habitually utilized coin in crypto tricks. Different trades that offer bitcoin trading give simple access when somebody makes a venture yet will see it hard to make withdrawals. 

4. Phishing

Phishing is one of the old deceives that is frequently utilized. Numerous cyber criminals can mimic notable trades, and they expect to take your login details. Now and again, it is very hard to distinguish such gimmicks if you don't tread carefully.. 

5. Online Media

Online media is a stage for confirming the certifications of different workers in the digital money group. But at the same time it’s a stage for con artists and phony dealers taking on the appearance of real merchants.

6. Spam Emails

Never click on any connections about advancements or offers with respect to crypto. The email might look authentic, yet you ought to stay away from it as opposed to lose all your cash.

7. Siphon and Dump

The siphon and dump system is a technique for expanding the load of a ware and afterward selling it for a high benefit. In this trick, they utilize notable web-based media stages like Facebook, Telegram or Twitter.  

8. Merchant

As cryptocurrency trading is intricate, has high volatility and that’s only the tip of the iceberg and more clients are associated with it, there is an expanding number of crypto tricks. These merchants frequently approach you by means of email or web-based media. Not all cryptocurrencies forms of money are all around created, and not all crypto platforms offer protection to shield you from hacking.

 9. ICO or Fake Whitepaper

ICOs or Initial Coin Offerings assistance to get some underlying interest in setting up a digital money. This is a raising support method for another digital money. In the course of recent years, financial backers have emptied their assets into in excess of 1000 ICOs. A large number of the ICOs are true, yet there are likewise numerous who are new to the business and have no past experience. Since there are currently a great deal of financial backers for digital forms of money, counterfeit ICOs could pull off their crypto tricks. Counterfeit ICOs typically will in general adulterate their whitepaper. The phony whitepaper might be replicated from a current whitepaper and can resemble the genuine article. Have nice day and Stay safe.

18 Top Side Hustles To Make Money Everyday With The Internet

 Do you know that you can make more income with your internet connection? Hold on, you don’t need to develop any product upfront but you can do that also. All you need to do is to find out what you can do and get people to pay for your services. This is hot right now and more continue to come read below.
1. Online marketing

2. Affiliate marketing : Affiliation is about promoting others products you believe in. Again, you don’t need to spend any time and effort developing a product here. However, you need to build an audience that will listen to your recommendation.
3. Online course creation : Selling information is a lucrative business model for many. But first, you need to position yourself as an expert in your field and your course/program as the solution to your audience’s struggles.
4. YouTuber Or Content Creator

5. Blogging For Profits

6. App creator

 7. Dropshipping

8. Web designer 

9. Shopify merchant
10. SEO Optimization Expert

11. Survey and Review Writer
12. Online tutor, Teacher or Podcaster

13. Virtual Personal Assistant or Remote customer service provider

14. Products reviewer and eBay seller

15. Amazon Associate, Affiliate seller

16. Online music or products reviewer 

17. Projects and article writer 

18. Cryptocurrencies. 

Each of these business models required different types of resources, skill sets, and experiences. If you’re someone who starts from zero and needs to make money quickly, I suggest you start with the easiest one which is selling a service or services. Have a nice day.

10 Best Business Ideas To Currently Make Money In Nigeria Right Now!

Let me get this straight to the point, below are some business ideas you can venture into that will help you make a profit within a short period of time. Start small and grow big…

1. Recharge card Printing and POS Business.
The POS business thrives more in rural areas or semi-urban centers; in places where there are no banks, or few ATMs to serve the people. Hence, if you intend to venture into this business , the first thing is to be sure that the number of banks in your location cannot serve the community.

2. Mini cyber café
Cyber café has gone out of fashion, true. But students still need to register for JAMB, WAEC, NECO, post-UTME, etc. People who are not digital savvy also need to register for several things online including the very important national passport. This is where you come in. This small business can be started right at the corner of your house.

3. Poultry Farming Business:
Having a poultry farm where you rear chickens are one sure way to earn money in your pockets. Birds are easy to rear because they mature quickly and are always in demand. These birds are mostly sold during seasons like Christmas, Easter, weddings, and parties for consumption making poultry farming a lucrative business to delve into. You can also supply eggs from your poultry. Eggs are used to make many products such as confectioneries, cosmetics, soaps, hair conditioners, shampoo, glue, and face masks amongst many others.

4. Fairly Used Clothes:
Such as Jeans, Tops, t-shirts, shoes, etc. They could be sourced at Badagry, even Cotonou. 100K can’t get you a bale but you can select and mix them. Wash them and package them neatly. Good packaging will bring you more customers… hence you’ll see your money multiply.

5. Eatery or Restaurant Business:
If you can cook very well, then you can start an eatery/ restaurant business. It requires capital to start and it is very profitable in the long run. You should set up your restaurant at a populated location especially near government and other firms.

6. Dry Cleaning Business:
This is one of the sure businesses that you can earn money from. When doing such business, you should target people like bankers, corporate organizations, businessmen, e.t.c. These sets of people patronize dry cleaners a lot because they can’t wash their clothes themselves due to the nature of their jobs.

7. Viewing Center/ Betting Business:
Football Viewing Center Business is a lucrative business that needs a lot of strategic Planning to start. Football is loved by almost everybody and the profit is endless.

8. Snail Farming Business:
Snail farming is more popular due to its relatively cheap cost of startup and if you market your products well, your business will thrive. This is a business you can start from your backyard, but you have to be patient as it can take almost a year to mature.

9. Mini Importation Business:
This is by far what most people engage in nowadays in Nigeria before the coronavirus pandemic began. If you source through the internet, you would find many e-books on how to import cheap goods from abroad and sell them here in Nigeria. Items like wristwatches, female and male wears, shoes, second-hand phones are examples of items you could import.

10. Computers, Mobile and Electronic Accessories:
Such as Pouches, Chargers, USB cables, HDMI cables, earphones, and more can be sourced from Alibaba, AliExpress, DealExtreme, etc. I once posted something related to that a few years ago here. The more you buy the lower the price. And they are lite so shipping won’t be a burden. You can sell it on Konga, Jumia, Twitter, Facebook, Whatsapp or Instagram etc.

6 Factors That Affects Broilers Growth And Production

Upon giving ideas about where to buy the best broiler for you to stock, I have been asked openly and privately on the fastest growing breed of broiler. 

This post will address the factors that make you believe that one hatchery's day old broiler chicks are better than the others. 

As much as possible, I will try to be very explicit in simple language for any reader to understand even though questions can still be asked. 

To continue, I wish to add that I will try as much as possible not to directly promote a particular hatchery over others but state the issues as they are based on joint findings of farmers. There is a distinction between a hatchery and a broiler breed. 

Therefore, for the purpose of understanding of this post, kindly go through the earlier post as I will not mention or describe any broiler by its hatcher/hatchery but by their breed names. 

Now to the most popular broiler breeds in Nigeria, we have Cobb500, Arbor Acre also called AA, Arbor Acre plus also known as AA+, Ross308 and Marshall.

Sad, as it is that most people do not know that different broiler breeds exist, they base their judgement on broiler performance erroneously on a limited scope in terms of the name of the hatchery that they buy from. 

Hence you read or hear Mr. A  claims that Agrited is the best, Mrs. B claims Bounty Harvest is the best, Mr. O claims Olam is the best, Miss Z claims Zartech is the best, Chief S claims Sayed is the best and so on. 

Whereas, they hardly understand the details of what is involved in the differences in performance of what they assume to know.

Now, talking about the most popular breeds of BROILERS in Nigeria, we shall quickly look at what each of them has to offer a farmer so that we can be better guided in making choices of what to stock. 

But before the analysis, it is good to also look at some factors that we should consider such that if those factors vary, a farmer may end up having a bad experience even from a hatchery he or she once praised.

Factor 1: The different breeds hatched by a hatchery.

There are some hatcheries that produce only one breed of broiler while others produce more than one breed. 

If you book day old broiler chicks  from a hatchery that hatches different breeds, chances are that you may get different results under the same conditions in one set from another set of booking from the same hatchery. 

When that happens depending on the breed you got first, your first or next set may not be satisfactory to you in terms of what you want.

Factor 2: Age of parent Stock/Size of day old chicks.

This one is a bit technical. I always advise any serious poultry farmer that have reached me privately on the performance of their birds to make sure that he or she has a weighing scale to monitor the growth of their birds as mere saying "my fowl big well well'" is not the right assessment of performance. 

A scale is a standardized method because my concept of big may be your concept of average or small. But 3Kg is the same all over. 

Still on this, you will agree with me that young parent stock as with other young laying hens start with laying small eggs. As they grow older, their eggs get bigger. 

By extension, a small egg produces a small day old chick while a bigger egg produces a bigger day old chick. When I receive my day old chicks, I weigh each carton on a digital scale with the chicks inside. 

After removing the chicks, I weigh the empty carton and subtract from the combined weight of the carton and chicks to get the weight of the chicks. 

I divide the weight of the chicks with the total number of chicks in the carton to get the average weight of a chick at day old or day 2 as they actually get to me on day 2 even though we claim they are one day old. 

Why do I do that? By knowing how big or small they are, I can monitor their weekly growth compared to a performance chart that I found online depending on their breed. 

I actually found out that day old broilers tend to attain about ten times their day old weight within the first two weeks on the average. 

Therefore, if they arrived on day 1 at an average weight of 32g, I shouldn't expect them to be of the same weight as when I got day old chicks that weighed as much as 50g at day old.

Factor 3: Rearing conditions.

Factor 4: Breed.

Factor 5: Feed variation and quality.

Factor 6: Disease resistance in relation to hatchery, your environment and prevalent diseases.

The Basic Contents Of Template For Business Plans

Executive Summary:

..................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Name of business________________________________________

Legal form_____________________________________________

Contact address_________________________________________

Business location………………………………………………………………………………………………

Telephone And E-mail______________________________________________

Nature of business_________________________________________

Manufacturer,  Service provider, Trading,  Others, please specify..........

Owner(s)

(Name, Address, Qualification, Function in the business and Relevant experience)

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Briefly describe the idea behind your business

_____________________________________________

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Specify the intended Products or Services

_____________________________________________

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Describe the intended market ________________________________________________________ ______________________________________________________________________________________________________________________________________________________________________________________________________

State the total Capital required to  set-up the business___________________________________________________

 

Show the Working capital required for the first one year _______________________________________________

Total  ___________________________________________________

Specify the Source of obtaining capital

Personal savings __________________________________________________

Partner’s contribution  ______________________________________________________

Loan from Family/friend ___________________________________________________

Bank loan  ____________________________________________________

Sale of Asset………………………………………………………………………………………….

Retirement benefits…………………………………………………………………………………………………..

 

Motivation for Starting a business

 

Describe why and how you came up with the business idea

______________________________________________________________________________________________________________________________________________________________________________________________________

 

Explain how you think the Business idea will work and grow

______________________________________________________________________________________________________________________________________________________________________________________________________

 

State how the business will change your life

______________________________________________________________________________________________________________________________________________________________________________________________________

 

 

Business Concept  

What  value (new or improved)  does your  business seek to provide?

______________________________________________________________________________________________________________________________________________________________________________________________________

 

 

State the nature of technology to be used in delivering the value

______________________________________________________________________________________________________________________________________________________________________________________________________

 

Specify the type of product (s) to market

______________________________________________________________________________________________________________________________________________________________________________________________________

Explain the unique customer experience to be offered by your product

______________________________________________________________________________________________________________________________________________________________________________________________________

 

In what sector is your business? State whether in mining/agriculture, manufacturing, services, education, health etc __________________________________________________________________

 

Market

Describe your market—stating the nature of your customers and the segment of the market to served

______________________________________________________________________________________________________________________________________________________________________________________________________

 

Explain key factors affecting the market

_______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ _________

 

Explain how you will reach your target market

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

 

Competition

Who are your main local competitors?

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Who are the international competitors that offer similar products?

 

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

 

What makes your products or services better or different from that of the competitors? ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Does your business have any unique feature that will be difficult to imitate by competitors?

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Supply Links

 What type of inputs do you require for your business?

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

How and where will you get the inputs for your business (source, price, technology, etc) ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Are the key inputs available locally? …………If not how easily will you obtain the supply……………………………………………………………………………………………………………………………………………………………………..

Management

What skills and /or experiences do you have to enable you successfully manage the business?

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Who else will work with you to manage your business--partners, co-owners (if any)?

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Do you require professionals/people with special skill to run the business?.........if yes are they readily available and affordable? ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Business Risks

What risks or challenges do you anticipate that may affect the success of your business (What can stop you from making this business a success)? ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

 

How will you mitigate or reduce these risks?

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Finance

State the financial requirements for your business __________________________________________________________________

List the key items you will obtain with the funds

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

How do you intend to raise the funds?  __________________________________________________________________

Do you intend to obtain loan?....................................................................................

If yes how much?

……………………………………………………………………………………….

 How long it will take you to repay the loan?

How do you intend to grow the business over the next 5 years?

Illustration of Cash flow and financial statements