What men can do .....

THIS IS SEYCHELLES.
Seychelles :flag_sc: is Africa's second most developed country.
It has Africa's highest minimum wage ($460 monthly).
It has Africa's highest literacy rate (95.9%) and GDP per capita.
It provides free healthcare its citizens.
It has Africa's most powerful passport with easy access to 156 countries and territories.
it has an unemployment rate of only 3%.
It has 100% electricity .
Seychelles is the leas... see more THIS IS SEYCHELLES.
Seychelles :flag_sc: is Africa's second most developed country.
It has Africa's highest minimum wage ($460 monthly).
It has Africa's highest literacy rate (95.9%) and GDP per capita.
It provides free healthcare its citizens.
It has Africa's most powerful passport with easy access to 156 countries and territories.
it has an unemployment rate of only 3%.
It has 100% electricity .
Seychelles is the least populated country in Africa.

:grinning::joy::joy:
Principalities and rulers in high places
Village champions

Do you know who I am should be a criminal offense

Today we will talk about hedging, what it is and why it is important to know about it :zap:
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( telegra.ph is a method of reducing potential investment losses by entering a position that will work in the opposite direction to an existing position.

🟠The purpose of hedging is not to make money, but to protect against loss. Gains on the hedging position should offset losses on the underlying position.see more Today we will talk about hedging, what it is and why it is important to know about it :zap:
â €
( telegra.ph is a method of reducing potential investment losses by entering a position that will work in the opposite direction to an existing position.

🟠The purpose of hedging is not to make money, but to protect against loss. Gains on the hedging position should offset losses on the underlying position.

Types of hedging.

There are 2 main methods:

:one:Through futures contracts
Futures allow you to buy or sell an asset at a predetermined price at a certain date in the future. For example, if you own 1 BTC and fear that the price might fall, you can sell a futures contract on it. If the price does fall, the profits from the contract will offset the loss.

:two: Via option contracts
Options give you the right, but not the obligation, to buy or sell an asset at a set price within a certain period of time. If you fear a fall, you can buy a put option. If the price falls, the increase in value of the option will make up for the loss.

🟠Futures are about the obligations of both parties. Options are about the obligation of one party and the right of the other.

Example of hedging a position

🟠Let's say you own $10,000 worth of BTC. To hedge your position, you can do the following.

🟠Suppose Bitcoin is trading at the $30,000 level. You can sell a perpetual futures contract on BTC.

🟠For the average person, the wording "short position" would be more understandable. The idea is that you borrow coins so that you can later buy at a lower price and pay back the loan, making money on the difference in value.

Examples of when using hedging can be useful:

:one: If you need to reduce the risk of a price drop when transferring an asset. For example, when dealing in arbitrage.

:two: About participating in various activities where it is necessary to do steaking on a particular asset. For example, steaking token X when participating in a lunchep on an exchange.

:three: If you own a portfolio and fear a general market decline on the back of upcoming news or events.

Major drawbacks when hedging:

:one: Liquidity risk
Some instruments may be illiquid. This can make it difficult to enter or exit positions.

:two: Costs
Hedging usually involves costs. For example, buying options requires paying a premium, which can be substantial depending on market conditions.

:black_circle:Finally, let me clarify an important piece of information. Before implementing any hedging strategy, make sure you fully understand the risks involved and potential drawbacks. Every tool and strategy has its pros and cons, and it is important to know what you are getting into.

:grey_question:Do you use hedging to preserve your assets?

:thumbsup: - Yes
:thumbsdown: - No
#crypto #Knowledge #Tips
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There are 4 types of wealth:

1. Financial wealth (money)
2. Social wealth (status)
3. Time wealth (freedom)
4. Physical wealth (health)

Be wary of jobs that lure you in with 1 and 2, but rob you of 3 and 4:exclamation::eyes:

~James Clear

Dae led them inside while Kim woo Jung stayed Hyun like a little chick staying behind the mother hen as it protector.

They finally sat down on the floor, but Kim woo Jung half sat as the fear never left her.

"Kim woo Jung, stop acting this way. I hate when you acted this way..."Dae said, sitting comfortably on the cold floor.

"Am scared...." She lamented.

"Don't be! When you were turn into a vampire you wer... see more Dae led them inside while Kim woo Jung stayed Hyun like a little chick staying behind the mother hen as it protector.

They finally sat down on the floor, but Kim woo Jung half sat as the fear never left her.

"Kim woo Jung, stop acting this way. I hate when you acted this way..."Dae said, sitting comfortably on the cold floor.

"Am scared...." She lamented.

"Don't be! When you were turn into a vampire you weren't scared. Though, you were scared inside, but you didn't show it out.

So, don't act scared coz Hyun is solely behind you to protect you..."Dae encouraged her..

They laughed, hearing the last word. That was the the funniest word he has ever spoken....

They later slept off, Kim woo Jung slept peacefully on Hyun's laps coz she was damn scared but believed Hyun will surely protect her...

★★★

The next day, morning>>>

Very early in the morning, they woke up. They were happy They slept comfortably for the first time since they lost their parents.

They usually sleep wherever they could sleep on every night. But last night was quite different...

"We should go and something to eat. We haven't eaten anything till since yesterday..."Kim woo Jung said, yawning tiredly.

"I think there's a river before we reach here..." Dae said.

Together, they went fishing at the river. The river became their food source as they began to catch some aquatic animals apart from fishes....

They also make money from it as well...

★★★

17 Years later>>>7: 50 PM

Some men entered an appartment, they entered through the entrance door...

"Who're you?"A man asked, incredulously as he walked to them.

The man opens his mouth in awe when he saw those men,he hurriedly ran upstairs.

"Kim woo Jung, take our baby and run away. Dae as sent his messenger to kill us..." Hyun said.

"What?! But I can't leave without you!"Kim woo Jung said, with her eyes welled with tears...

"This isn't time for crying, Kim woo Jung...." Hyun said, calmly...

The tears dribbled down her smooth beardless cheeks as she engulfed him in a warm embrace...

He separated himself from Kim woo Jung...

"Go........!!" He said,half yelled.

Kim woo Jung carried the baby, but she still hesitated...

"Let leave together with our baby.." Kim woo Jung said as tears dribbled down her beardless cheeks.

"No, if we go together, he'll sent his men to find us again. So, I have to scarifice myself to save my family!"

"Please, leave...." He pleaded, tears continues dribbling down their beardless cheeks....

Kim woo Jung left and the men entered...

They engaged in a serious fight, but unfortunately the men killed Hyun coz they were too much for him...

Kim woo Jung zoomed her toyotal Camry car when she heard the loud shout of her husband...

She wept bitterly as she leaves....

★★★

Kim woo Jung house>>7:24 AM

"Hwan,come here!"Kim woo Jung said running after Hwan who doesn't want to surrender so she could catch him..

As they were playing, she suddenly heard a knock on the door.

She makes herself invisible and went to the door. Kim woo Jung was shocked to see Dae....

She quickly ran to Hwan, carried him and they teleport to a river and placed him on the floor beside the river with the promise that she'll be right back....

She teleported back inside and by now,Dae was already sitting on a chair with his legs crossed.

He smiled sweetly at her...

"Kim woo Jung, you have even grown up. I barely remembers your face. You're even more prettier than ever, even though you already bear him a child...

You must really be his beautiful flower." Dae said as he bites his fingers.

"What do you want? Are you here to Kill me as well? Kill me, Dae! Coz I'll never join you. I will rather get killed by you than joining you in your evil acts... Kill me!" Kim woo Jung yelled..

"I can see you're ready to die, but I'll you one last chance to join me.... Do you still believe in humans after what they did to us?

They all deserves to pay for all what they have done to us... Let's make them pay, together."