Flend Research Group is a dedicated sub-department of Flend focused on providing comprehensive coverage of the financial market space.
Flend Research GroupMintable Tokens of DeFi: A Degen's Guide
If you've ever glanced at decentralized finance (DeFi) on platforms like Dexscreener, you might have noticed tokens flagged with the intriguing label "This token is mintable." But what does it mean to be "mintable," and how does this feature play into the high-stakes game of DeFi and degen trading? Let's look into this fascinating aspect of crypto trading. What Does "Mintable" Mean? In the simplest terms, a "mintable" token can be created or "minted" beyond its initial supply. This ...
Flend Research GroupPermissioned and Permissionless Blockchain
Permissionless blockchains, like Ethereum, Bitcoin, and Solana, are fascinating public networks that anyone can join, use, or validate without needing approval. These decentralized systems operate without a central authority, meaning no one has to fill out paperwork or prove their identity to participate. Let's look at it as a global ledger that is open to all, here every transaction can be traced and verified by anyone curious enough to dig into it. The beauty of this setup lies in its ...
Flend Research GroupUSDT,USDC and BUSD: SIMILARITIES AND DIFFERENCES
In one of our previous article we talked about stablecoins and how they have emerged as a bridge between the traditional financial world and the realm of digital assets. These stablecoins offer the stability of traditional fiat currencies while leveraging the speed and efficiency of blockchain technology. Three prominent stablecoins in this space are Tether (USDT), USD Coin (USDC), and Binance USD (BUSD). While they all share the common goal of being pegged 1:1 to their respective fiat curren...
Flend Research GroupMintable Tokens of DeFi: A Degen's Guide
If you've ever glanced at decentralized finance (DeFi) on platforms like Dexscreener, you might have noticed tokens flagged with the intriguing label "This token is mintable." But what does it mean to be "mintable," and how does this feature play into the high-stakes game of DeFi and degen trading? Let's look into this fascinating aspect of crypto trading. What Does "Mintable" Mean? In the simplest terms, a "mintable" token can be created or "minted" beyond its initial supply. This ...
Flend Research GroupPermissioned and Permissionless Blockchain
Permissionless blockchains, like Ethereum, Bitcoin, and Solana, are fascinating public networks that anyone can join, use, or validate without needing approval. These decentralized systems operate without a central authority, meaning no one has to fill out paperwork or prove their identity to participate. Let's look at it as a global ledger that is open to all, here every transaction can be traced and verified by anyone curious enough to dig into it. The beauty of this setup lies in its ...
Flend Research GroupUSDT,USDC and BUSD: SIMILARITIES AND DIFFERENCES
In one of our previous article we talked about stablecoins and how they have emerged as a bridge between the traditional financial world and the realm of digital assets. These stablecoins offer the stability of traditional fiat currencies while leveraging the speed and efficiency of blockchain technology. Three prominent stablecoins in this space are Tether (USDT), USD Coin (USDC), and Binance USD (BUSD). While they all share the common goal of being pegged 1:1 to their respective fiat curren...
Flend Research Group is a dedicated sub-department of Flend focused on providing comprehensive coverage of the financial market space.
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Success in Web3 often depends not just on what you know, but who you learn from. Mentorship in crypto bridges the gap between theory and real-world impact, helping newcomers navigate technical tools, community dynamics, and the nuances of this rapidly evolving ecosystem. Whether through formal programs, DAOs, or informal connections on Twitter or Discord, mentorship is becoming the cornerstone of sustainable growth in Web3. Crypto mentorship programs provide invaluable experience, strategies, emotional support, and a range of networking opportunities. A mentor is someone who teaches or gives help and advice to a less experienced and often younger person(Wikipedia).
This piece will enlighten you on the nitty-gritty of crypto mentorship. A crypto trading mentor or mentorship program will advise, correct, teach, and even offer 1 on 1 counseling to their mentee(s). A good crypto mentor is an experienced trader with a good track record, has access to the latest market updates, must be a reliable entity, and last but not least, has a detailed mentorship structure. It is worth noting that, as there are good mentors in this field, the bad ones are on the hunt for unsuspecting traders to swindle off of their assets. Trading mentoring can come in different patterns—personal, organizational and community. It can be direct or indirect, formal or friendly. A mentor charges a consultation for their service.
It is important to conduct thorough research before choosing a mentor or enrolling in a mentorship program to avoid stories that touch the heart
Let's discuss the importance of having a 'good' crypto trading mentor.
• Experience You indirectly tap into their wealth of experience. Working with a good mentor exposes you to real-world trading experience. You get theoretical and practical knowledge that is only obtained through real-life trading.
• Unbiased Feedback A mentor is someone who can look at your trading activities objectively and provide honest feedback. They analyze your trading performance, identify your strengths and weaknesses, and help you with better strategies.
• Up-to-date updates A good mentor keeps you updated with the latest trends. They can introduce advanced trading methods, risk management techniques, and different analytical tools to help you stay afloat in the volatile market.
• Building network Participating in a crypto mentorship program often brings opportunities to connect with other traders and industry professionals.
• Emotional support Crypto has its ups and downs, greens and reds. A mentor will encourage you on good days and cheer you up on bad days. Finding a good mentor is not an easy task. Below are tips for finding the right crypto mentor or mentorship program:
Do Your Research It’s important to dig into the backgrounds of potential mentors, trading records, and teaching philosophy. Check their websites, social media, and any available reviews from past mentees. Investigate their strategies and make sure they align with what you’re looking to learn. Informed research helps you ensure that the mentor you choose has proven expertise and a teaching approach that resonates with your learning style.
Record of Experience Having a mentor with a wealth of experience is invaluable. Look for mentors who have been active in the market for several years, have a successful trading history, and have experience helping others get results.
Recommendations Sometimes, the best insights come from those who have already walked the path you’re on. Talk to other traders, join crypto trading communities, and ask for recommendations. People’s experiences with different mentors will give you a real sense of what to expect and help you find mentors who have a reputation for excellence. Unfortunately, scammers are looking to cheat unsuspecting traders, especially beginners. It is advised to observe and implement the steps listed above when researching for a mentor. Things to look out for;
If a mentor or program is pushing you to sign up quickly or offering limited-time discounts it’s wise to take a step back and evaluate the situation critically.
Before signing up for any program, read and understand the terms and conditions of the mentorship program. Look for hidden fees, unclear promises, or any clauses that may be unfavorable to you. A transparent and straightforward agreement is usually a good sign, lack of detail is not a good sign.
Beware of mentors or programs promising quick and substantial profits with little effort. The crypto market is complex and volatile, with no guaranteed outcome, 'Get rich quick' promises are often a sign that a scammer is afoot.
When working with a mentorship program, a clear and fair refund policy should be in place. This provides a safety net in case the program doesn’t meet your expectations. The lack of a refund policy or one that’s overly restrictive should be cause for concern. Mentors can be found on X, YouTube, Medium, Reddit, Instagram and other social platforms. Takeaway Crypto mentorship programs can have significant benefits, but finding the right mentor is paramount. Doing thorough research, asking around, and understanding your needs can lead you to the right mentorship program. Always be aware of potential scams and follow the guidelines above to protect yourself.
Want to know more?You can join our communities below for more updates:
Kickstart your trading career here!
Register and get your welcome bonuses click here
Success in Web3 often depends not just on what you know, but who you learn from. Mentorship in crypto bridges the gap between theory and real-world impact, helping newcomers navigate technical tools, community dynamics, and the nuances of this rapidly evolving ecosystem. Whether through formal programs, DAOs, or informal connections on Twitter or Discord, mentorship is becoming the cornerstone of sustainable growth in Web3. Crypto mentorship programs provide invaluable experience, strategies, emotional support, and a range of networking opportunities. A mentor is someone who teaches or gives help and advice to a less experienced and often younger person(Wikipedia).
This piece will enlighten you on the nitty-gritty of crypto mentorship. A crypto trading mentor or mentorship program will advise, correct, teach, and even offer 1 on 1 counseling to their mentee(s). A good crypto mentor is an experienced trader with a good track record, has access to the latest market updates, must be a reliable entity, and last but not least, has a detailed mentorship structure. It is worth noting that, as there are good mentors in this field, the bad ones are on the hunt for unsuspecting traders to swindle off of their assets. Trading mentoring can come in different patterns—personal, organizational and community. It can be direct or indirect, formal or friendly. A mentor charges a consultation for their service.
It is important to conduct thorough research before choosing a mentor or enrolling in a mentorship program to avoid stories that touch the heart
Let's discuss the importance of having a 'good' crypto trading mentor.
• Experience You indirectly tap into their wealth of experience. Working with a good mentor exposes you to real-world trading experience. You get theoretical and practical knowledge that is only obtained through real-life trading.
• Unbiased Feedback A mentor is someone who can look at your trading activities objectively and provide honest feedback. They analyze your trading performance, identify your strengths and weaknesses, and help you with better strategies.
• Up-to-date updates A good mentor keeps you updated with the latest trends. They can introduce advanced trading methods, risk management techniques, and different analytical tools to help you stay afloat in the volatile market.
• Building network Participating in a crypto mentorship program often brings opportunities to connect with other traders and industry professionals.
• Emotional support Crypto has its ups and downs, greens and reds. A mentor will encourage you on good days and cheer you up on bad days. Finding a good mentor is not an easy task. Below are tips for finding the right crypto mentor or mentorship program:
Do Your Research It’s important to dig into the backgrounds of potential mentors, trading records, and teaching philosophy. Check their websites, social media, and any available reviews from past mentees. Investigate their strategies and make sure they align with what you’re looking to learn. Informed research helps you ensure that the mentor you choose has proven expertise and a teaching approach that resonates with your learning style.
Record of Experience Having a mentor with a wealth of experience is invaluable. Look for mentors who have been active in the market for several years, have a successful trading history, and have experience helping others get results.
Recommendations Sometimes, the best insights come from those who have already walked the path you’re on. Talk to other traders, join crypto trading communities, and ask for recommendations. People’s experiences with different mentors will give you a real sense of what to expect and help you find mentors who have a reputation for excellence. Unfortunately, scammers are looking to cheat unsuspecting traders, especially beginners. It is advised to observe and implement the steps listed above when researching for a mentor. Things to look out for;
If a mentor or program is pushing you to sign up quickly or offering limited-time discounts it’s wise to take a step back and evaluate the situation critically.
Before signing up for any program, read and understand the terms and conditions of the mentorship program. Look for hidden fees, unclear promises, or any clauses that may be unfavorable to you. A transparent and straightforward agreement is usually a good sign, lack of detail is not a good sign.
Beware of mentors or programs promising quick and substantial profits with little effort. The crypto market is complex and volatile, with no guaranteed outcome, 'Get rich quick' promises are often a sign that a scammer is afoot.
When working with a mentorship program, a clear and fair refund policy should be in place. This provides a safety net in case the program doesn’t meet your expectations. The lack of a refund policy or one that’s overly restrictive should be cause for concern. Mentors can be found on X, YouTube, Medium, Reddit, Instagram and other social platforms. Takeaway Crypto mentorship programs can have significant benefits, but finding the right mentor is paramount. Doing thorough research, asking around, and understanding your needs can lead you to the right mentorship program. Always be aware of potential scams and follow the guidelines above to protect yourself.
Want to know more?You can join our communities below for more updates:
Kickstart your trading career here!
Register and get your welcome bonuses click here
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