|Monday, the 13th of June 2022, was one of the worst days in crypto history. Bitcoin and Ethereum lost 20%, and the Celsius crash generated a massive sell-off on Monday.|
Celsius offered 12% APY, meaning they used customer money to gamble it on the DeFi market. Promises of such a high interest are almost always Ponzi schemes (using new customer money to pay the interest of the old customers), as Celsius is turning out to be.
The two months since then – have only cemented NIM’s business plan to be very sound. What has changed is the reliance on mathematics and algorithms to make money.
Algorithmic trading is NOT passive income Pre-Monday 13th, the perception that cryptocurrency trading algorithms are money printing machines. They are NOT! They are tools making you able to make trades you usually do manually
They allow you to automate what you usually do when trading manually. If anyone claims an AI-powered-passive-income service – it is a scam.
The strategy you feed into those tools determines how they perform. They need constant tweaking and maintenance to work optimally. Price Change Threshold — How much does a coin need to gain in % before a buy order should be placed? Timeframe — A rolling window of time in which the Price change can be considered. Stop Loss Take Profit Trailing Stop Loss If modified in the tiniest bit, each configuration option can yield vastly different results.
For Instance, buy any coin that gains more than 3% within a 5-minute window, with a stop loss of 5%, and immediately take a profit of 7%.
Granted, compared to algorithmic trading – NIM Copyright Investment Program and NIM Passive Income tokens are almost dull.
if the goal is not to worry about the next 100 years’ income: NIM is the answer.
If the goal is to follow any regulative restrictions from the authorities, NIM is the answer.
If the goal is to make sure that no illegal transaction is taking place. NIM is the answer. Manipulation and insider trading in the stock market is illegal. Manipulation of the FOREX market is illegal. Manipulation of a recording’s popularity is called marketing Manipulation of a song’s creation is called songwriter talent. NIM is still (and even more so) the answer.
NIM has created a Copyright Investment Program to incentivize users, investors, and creators See: http://wwm.im/NIMCIP
Networks are not created equal. The NIM services are not built the same way as all the other blockchain-related technologies. They are all made by values that still regulate and govern the financial world. Like it or not, fiat rules (if you plan to pay bills, pay the rent, have debt and eat, that is).
In contrast, NIM’s services are built around the fact that the Internet, as we know it, is supported by content. Content has to be created to be enjoyed, and the creators need to get paid for their work.
NIM’s services are built to support the creators and, in doing so, create an ecosystem that promotes the value of content like music. The retail service providers selling this content (Spotify, Facebook, Youtube, etc.) are paying for it and ensuring creators can live on their creativity.
For network services like Solana and Nomad, mathematic formulas and algorithms implemented in smart contracts and code snippets govern the potential of profit.
For NIM, one criterion for success is the popularity of the content you invested in. Compared to the SEC checklist (see below) for cryptocurrency investment, that is a simple task (you can even help it become more popular yourself by viral promotion).
See NIM’s Web3 strategy https://wwm.im/web3
|SEC’s checklist for crypto investments High investment returns with little or no risk. Every investment carries some degree of risk, and investments generating higher returns typically involve more risk NIM’s investments return is easily monitored with total transparency Overly consistent returns. Investment values fluctuate over time, especially those offering potentially high returns. True, and that has to do with popularity. High-quality content generated royalties that generate passive income for NIMCIP. Unregistered investments. Ponzi schemes typically involve investments not registered with financial regulators (like the SEC or the FCA). Registration is essential because it gives investors access to critical information about the company’s management, products, services, and finances. NIM’s Copyright Investment Program is conducted by EU registered companies as well as US registered companies. Unlicensed sellers. Federal and state securities laws in the United States require that investment professionals and their firms be licensed or registered. NIM follows the law. If the law hasn’t caught up to practice, we implement self-regulation that (hopefully) becomes law (as with the Swedish parliament motion 2021/22:845) Secretive or complex strategies. Investments that cannot be understood or on which no complete information can be found or obtained are considered suspicious. NIM offers complete transparency with software based on Open Source when possible. Issues with paperwork. Account statement errors may indicate that funds are not being invested as promised. All registrations and company papers are a matter of public availability Difficulty receiving payments. Investors should be suspicious of cases where they don’t receive a payment or have a problem cashing out. Payment for royalties is (on average) 40% more and 26 million times faster than the old ways. The same is valid for dividend payments in NIMPI. It can be in (almost) real-time. However, we have restricted it to each week, month, or quarter. Have a great week – easing into the workplace again…|