The Talent IndustryProblem in the IndustryRumors of Mafia in the IndustryThey are not even the main problemJetcoin aims to solve this problemMirrors
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Less Technicals: Joining an Adshare ServerJoin as PublishersBuy ADS Native AssetJoin as AdvertisersMore TechnicalsRunning The BlockchainAdshare has its own blockchain which is based on Enterprise Service Chain. They have a package called "ads" and "ads-tools" which can be installed and compiled from a repository or we can clone from their github and compile ourselves. Anyway, this is about trying the tools to interact with their blockchain or run a blockchain yourself if you are interested. Running an Adshare NodeAfter installing the blockchain tools, we can start running a node. The blockchain is based on "delegated proof of stake" after all where we can get Dividends as token holders and running master nodes. Nodes on the blockchain is to validate transactions, store the ledger or data, and maintain the consensus. Some operations have fees, so do check the tables. Next is to try the blockchain operator and its panel. Detailed installation are available on their Wiki. Running an Adshare ServerAlthough existing Adservers are more fair than any centralized advertisement platforms, they are still a 3rd party platform similar to Adsense. They can be customized depends on the owner. Therefore, if we are not satisfied with existing Adservers, we can run our own server. We Need Analytic Tools: Open For Anyone To DevelopMirrors
Berapa Saya Dibayar?Apa Tugas Saya?Apakah Saya Mengkhianati Mereka karena Narik Uang?This is the first time I heard about "Marhaba DeFi", a DeFi ecosystem that aims to be Shariah compliance. There are many religions in this World, for example in the west there are mostly Christians, in Asia there are Buddhism and Hinduism, and in the middle east there are Jews and Islam. Shariah is the legal practice derived from the teachings of Islamic religion based on its holy book "Quran" and the Prophets and its Muslim people way of life "Hadith". Unless you have many Muslim communities in your area, you probably do not know that there are Muslims who refuse to use banking services because some of them believed to be unlawful practice based on the Islamic teachings. In my country Indonesia, more Shariah Banks are emerging which is different from the traditional banks. The difference is that they abide by the Shariah Law which is believed by many Muslims that they are lawful banks. Then it is not strange to find some Muslims reject most DeFi ecosystem just like they reject the traditional banks because they are not Shariah compliance. This may result in DeFi to never receive some Muslim customers. "Marhaba DeFi" envision on bringing a “Muslim also” platform. "Marhaba" in Arabic means “Welcome”, to welcome not only Muslim users but everyone else as well. General Information in DeFiFor users who are new in DeFi space especially those who are new in the crypto space as whole may not be able to distinguish the uniqueness offered by "Marhaba DeFi". When I read their Lite Paper and White Paper, I found many information that are not exclusive to Shariah practice but general to the whole DeFi space. Cryptocurrency and the rest of its technology are "neutral" as they are only financial technologies (FinTech). It is how they are used what matters to people. Just like how the Internet is neutral, it is what contents inside the Internet that matters. Therefore, I will list them here for you to know so that you can focus in the most important things and avoid embarrassing yourself for being amazed in things that are actually common:
Major Shariah Compliance BelievesDeFi is only a technology which is neutral. Next is how people use this technology. Out of all the lengthy description by Marhaba DeFi ends in one final question. Is their usage of DeFi Shariah compliance? To learn their concept about Shariah is to read their Shariah Concept Paper and to evaluate, we need to reference from the Quran and Hadith. I think it is too much for average people like us to absorb all those information. Instead, I will just pass on the words of many Muslims I met regarding why they refused to use banking.
If there are no Shariah banks in their regions, some Muslims decides not to use banking at all. Why do some Muslims only uses Shariah banks? Because Shariah banks have full intention to be Shariah compliance which is the same as bearing most of the responsibility of its customers. If at some points Shariah banks commit unlawful practice, the customers will almost not be held responsible because they did all they can to make sure the banks they are using are Shariah compliance. The same goes to financial service providers in DeFi, some Muslims are afraid that they will be held accountable for using services that may potentially involves unlawful activities. Therefore, Marhaba DeFi aims to be a financial service provider in DeFi to be Shariah compliance. Just that declaration will bring confidence in many Muslims to use their services. Upcoming Products Worth MentioningAll non custodial technologies are just technologies which are neutral. For example, a non custodial wallet does not need to be Shariah compliance because they function just like our personal wallet in our pocket and not being held by a bank or exchange to be used for their businesses. However, the marketplace and their financial activities do need to be Shariah compliance:
DisclaimerThe information I wrote above are less facts but more to opinions of Muslim people I heard from. The correct information will always be in the "Quran" and "Hadith". However, my argument is still valid because in business, the truth actually does not matter and what matters is the believes of the people. If Muslims believes them to be unlawful even if they are actually okay after detailed review of the "Quran" and "Hadith", they will stay away from it. Also, not all Muslims are the same, I met many Muslims with different level of strictness, for example there are those who totally avoids alcohol, those who are okay with alcohol to some degree such as being used as medicines, and those who are okay drinking alcohol as long they do not get drunk. Finally, this article is originally Published on https://www.publish0x.com/0fajarpurnama0/do-you-know-that-some-muslims-view-banks-and-defi-as-unlawfu-xwwmvyv?a=4oeEw0Yb0B&tid=publish0xcontest to enter the #MRHBDeFiExplained Writing Contest. How Much Was My Payment?What Was My Job?Did I Betray Them for Cashing Out?Mirrors
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ReferralsCurrently the quantity is too much to handle when the value I earned is not much. So I may report this on a separate article. August 2021 Income ≈ $35Grade: EPersonal CommentsThis month I started a new daily routine. The first one is continuing a daily social media post on short descriptions of cryptocurrency coins and tokens on Torum and Noise.Cash. The second one is practicing my technical analysis and uploading them to my Youtube channel. I did technical analysis on monthly charts on major and minor foreign exchange pairs and will continue analyzing monthly charts because I do not have time for daily trading that I still have some contents to make and blogs to write. The third is daily sharing my blog posts on my other social medias. I decided to stop forcing myself from writing at least one article a day which hit my limit and made me stressed out. Instead, I decided to start web3 programming early and start building my own decentralized finance (DeFi) application. Although I still have some of my muscles because exercise at least once a day, I am not fit and I decided to enjoy life and exercise more starting this month. Finally, the small daily social media posts and technical analysis is enough for now to keep me productive. AppendixDonationPersonally, I enjoyed being a full time independent content creator very much and I once again thank the platforms, investors, donators, and viewers for making my venture possible through donations, tippings, and upvotes. If you enjoy and/or want to further support my work you may choose more form of donation:
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Will History Repeats Itself?Grab The Airdrop Before It Runs Out!AMM DEX with Yield FarmingADA LaunchpadNFT MarketplaceReferral ProgramMirrors
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ReferralsCurrently the quantity is too much to handle when the value I earned is not much. So I may report this on a separate article. June 2021 Income ≈ $60Grade: DPersonal CommentsI found fintech applications to immediately dive into certificate of deposits (COD)s, government bonds, mutual funds, index funds, forex, commodities, stocks, precious metals, cryptocurrencies, and wrote a guide about it. This month was also the end of financial technical analysis course and I decided to start another Youtube channel to practice my technical analysis. Most of this month, I wrote a quick guide to cryptocurrency and translated them to my local language because I plan to open a class teaching new people to crypto in the future. Finally, I gave an online seminar in my local language about the story and philosophy behind cryptocurrency on the first day and cryptocurrency as the gate to the free market on the second day. AppendixDonationPersonally, I enjoyed being a full time independent content creator very much and I once again thank the platforms, investors, donators, and viewers for making my venture possible through donations, tippings, and upvotes. If you enjoy and/or want to further support my work you may choose more form of donation:
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OverlaysMoving AverageEMA(t) =[V(t) × (s/(1+d))] + EMA(y) × [1−(s/(1+d))] where: EMA(t) = Exponential Moving Average today V(t) = Value today EMA(y) = EMA yesterday s = Smoothing (typically [2/(d + 1)]) d = Number of days Bollinger BandsBOLU = MA(TP,n) + m∗σ[TP,n] BOLD = MA(TP,n) − m∗σ[TP,n] where: BOLU = Upper Bollinger Band BOLD = Lower Bollinger Band MA = Moving average TP: typical price = (High + Low + Close)/3 n = Number of days in smoothing period m = Number of standard deviations σ[TP,n] = Standard Deviation over last n periods of TP OscillatorsStochastic%K = 100 * ((C – L(N)) / (H(N) – L(N)) %K is the derived indicator value C is the current price point L is the lowest price point over a specified period H is the highest price point over a specified period N is the defined period %D = (K1 + K2 + K3) / 3 %D is 3 periods moving average of %K values Even I now I do not understand what stochastic is except for the definition in the dictionary "pertaining to conjecturing" and in Greek dictionary is "to aim at a mark, guess". I can only guess that it has something to do with random variables. For stochastic oscillator, I decided to look at the formula instead to understand the meaning and I found that it is to find whether the current price is cheap (oversold) or expensive (overbought) compared to the previous price. For example, this week the price ranges from $1 - $10, what does $7 means? It means that the distance between the lowest price is $7 and the distance between $10 is $3, it is the third highest price which some may see it as expensive. Today, a new price appears, $16, which is $15 distance from the lowest price $1 and $6 higher from the highest price $10. After checking the news and found no good enough reason, I will sell, who would be crazy enough to buy something this expensive? Anyway, the K is the stochastic oscillator value and the D is 3 periods moving average of K which is designed to be lagging. Just like golden and death crosses, when the 2 line intersects may signal a change of price direction. Moving Average Convergence DivergenceFinal ThoughtsLike there are many candle stick patterns, there are many technical indicators. Like in the previous chapter where the popular candle stick patterns are enough to read the basics, the indicators above are enough to do basic technical analysis. Even advance traders does not use a large amount of candle stick pattern and technical indicators but continue their study to chart patterns, fibonacci sequence, harmonic pattern, etc, but ofcourse learning more can improve our analysis skills. I personally prefer honing the basic foundations such as learning all the candle stick patterns and all other indicators than rushing to the next level. Still, indicators are just one of the utilities that we can use in trading that we should not rely 100% on it. For example above, not all golden crosses and death crosses are relevant, not always a sell signal the moment an asset shows overbought and not always buy signal the moment an asset shows oversold, and not always a clear reversal on divergence. Therefore, we should not forget the basics such as drawing swings, trend lines, support & resistance lines, and supply & demand areas. |
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