Select the Right Publisher to Assure Success For Your Book

Selecting the right method of publishing your book is always a challenge, but for novice authors who begin to write after retirement, the task is particularly difficult. The excitement of having completed their first book is quickly tempered as they plunge into the confusing maze that characterizes the publishing industry. That experience is very different from working in a familiar area that has been associated with the life-long career that they have recently left.The options are many, but as newcomers to the industry it is not easy to select the ideal method or the best publishing house. If you are one of these retirees and realize that your professional background hasn’t prepared you for the intricacies of bringing your manuscript to life, this brief primer will offer you a basis for making your selections.Three Publishing MethodsThe publishing world is broken into three basic categories: traditional, publishing on demand (POD) and self-publishing. Each is characterized in part by a specific methodology that is based on the capability and the requirements of the printing press that it uses. Presses used to produce books are broken into two groups.Digital printing, the newest entry into the publishing field, is accomplished with a technology similar to that used in computer printing. Its greatest advantage is the ability to print short press runs, not previously possible. Many retirees will recognize this system as an extension of the digital printing facilities their former companies operated in-house.Offset presses, the old tried and true war horses of the industry, require an inked image that is then transferred from a plate to a rubber blanket on the press. Its shortcoming is its inability to print fewer than 1,500 copies cost-effectively. There is substantial waste as the plates and ink are adjusted to obtain perfect colors and registration. Offset is ideal for longer press runs.Traditional PublishersTraditional publishing houses are the ones that rapidly come to mind when most people speak of publishing. They are the behemoths like Doubleday, Penguin, Knopf, etc. Today most of the “biggies” have been absorbed by huge conglomerates, and are extremely difficult for the average author to contract. They deal almost exclusively with celebrities, political figures and well-established writers, and usually print by offset because of the large quantities they produce.Access to one of these houses usually requires first retaining the services of a literary agent, not an easy task. The agent then attempts to place your book with a publisher, and if successful, shepherds it through all production activities and manages all monies involved for you.Fortunately, the majors are not the only participants in traditional publishing. Thousands of smaller, independent publishers have sprung up across the nation. Some of these have become highly successful and well-recognized in the industry. Many do not require that you submit your manuscript through an agent. They will accept them directly, and welcome first-time and less experienced authors.POD PublishingPOD houses have proliferated in the last decade. They are offshoots of digital technology and thrive because of the simplicity of moving your manuscript onto press and the ability to print any quantity of books you might need, no matter how small. That means newcomers can launch their careers without investing in press runs of thousands of books. It is ideal technology for memoirs and short how-to books targeted to very specific audiences.With POD, you pay a single upfront charge. In return, the house handles all pre-press requirements from designing a cover and formatting the interior to obtaining an ISBN, Library of Congress certification and in some cases a formal copyright. The house then prints your book and in most cases places it with the.com book stores and with one of both of the major wholesalers. When books are purchased, you receive a royalty.The major downside of this is that the wholesale price the POD charges for the book very often is not competitive with the market and consequently retards sales to some degree. If you want books for your own use, you must buy them at an author’s discount and waive any royalties on the purchase.The other concern with POD publishing is that the lesser quality houses release books that are poorly designed and in too many cases very poorly written. The lack of uniform standards has marred the reputation of this segment of the industry, but the more recent successes of quality POD houses are turning that reputation around. I consider POD an excellent means of entering the publishing world for first-time authors.Growing Popularity of Self-PublishingWhile many people mistakenly refer to POD as self-publishing, it is not. In the case of true self-publishing, every task is completed by the author or in some cases farmed out to professionals under the direct supervision of the author. That includes all of the pre-pub activities mentioned above in the POD section, as well as printing and distributing.This approach has attracted growing interest on the part of authors, both new and experienced. While it requires an investment up front to cover all costs, every penny of profit goes directly into the author’s pocket.Publishing is a critical element in your effort to bring your book to the marketplace. Before you leap into a contract, make sure you have selected the most beneficial publisher, one that can give your book the boost it deserves. You’ve waited a long time to realize your dream of writing a book. Your choice of publisher will go a long way to making your retirement writing ultimately successful.

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State of US’s Health Care

I received a survey from the Republican Presidential Task Force who is chartered with finding out what Republican’s want regarding health care. The survey is very black and white and really not practical. The survey is more styled as “us against them”. Our problem is not Health Care but rather cost and responsibility.Health Care in the United States is wonderful; it is the best in the world, bar none. The issue is tort law, “cover your ass” medicine because of tort law, controlled and noncompetitive insurance industry, abuse by the consumer of the entire medical system which falls on the insurance, and finally unhealthy choices and lifestyle of the consumer.1. We must reform the tort law, and limit this piece of the cost equation. Most doctors and hospitals do the right thing most of the time. Medicine and doctoring is not a zero sum game, it is not an exact science, things happen. I think it is ridiculous that the consumer has no responsibility in this part of the equation. Doctors are not gods, hospitals are not Utopia. The consumer has got to bear some of the responsibility on this side of the equation, meaning they cannot act like a limp piece of meat waiting for the gods to make them better without doing their part. If something is so negligent that someone should get millions of dollars, maybe the negligence is criminal versus civil. The point is there is negligence and then there is life. We have to create a spirit where doctors do the best that they can with what they have. This part of the cost equation needs to be carefully studied and thought out. I assure you this is the biggest issue with health care in the United States.2. The insurance industry needs to force “Wellness” onto the consumer by offering choices. The consumer who actively participates and performs proper wellness should be rewarded for this by lower premiums and lower cost. This is critical not to be cruel, but simply pain and pleasure philosophy. The consumer moves towards the least painful most pleasurable solution, “Wellness”. This is becoming and industry and if our system rewarded “Wellness” it would spur growth in this part of our economy. By “Wellness”, I do not mean taxing things that are bad for you. I assure you if you charge the Insurance Industry with this mandate and promote competition amongst the industry; they will come up with a solution. Consumers who practice wellness pay less, plain and simple. Companies who promote wellness pay less, plain and simple. I assure you this is the second biggest issue in the United States with Health Care.3. The consumer has to bear some of the responsibility of his or her health care. I think that by promoting “Wellness”, by not allowing runaway judgments in law suits, by having the consumer consciously making decisions and these decisions affecting his or her cost and or wellness will undoubtedly put the responsibility in the consumer’s hands. This too has consequences for example we may need to cover all children under the age of say 18, because we do not want some penny pinching parent not taking the kid to the doctor; however, again, promoting wellness. The point here is there are people in our country who are addicted to doctors and hospitals for what ever reason. We all have them in our family. We may have an elderly person who every time we visit them they are talking about going to the doctor and this is wrong or that is wrong. There has to be pain for this behavior. You cannot simply run the doctor every time you sneeze, and have no consequence.4. Competition is going to make things work. Look at a system that works not only in the US, but the world. Cosmetic Surgery is as evasive as anything on the planet, and it is not covered by insurance, and it is competitive. There are cheap boob jobs and expensive boob jobs; you can choose to have your recovery in your living room or in a resort. It is up to the consumer to choose the price and the service. The only problem with cosmetic surgery again is the tort issue. There is still the risk of runaway law suits. The consumer who has cosmetic surgery knows the risk when they go under the knife, and in most cases bears the burden; however, because of our crazy tort laws the doctor is still not protected, and the insurance companies still are not protected from accidents.5. Catastrophic/ Preexisting conditions are a problem that we all need to help solve. There are people who are deceases that they are born with usually because of something we put in the environment or something their parent took (a drug) or whatever. The point is some people are sick and need help and health care. We need the country to set up a pool to support these people. This pool or insurance needs to be funded by all Americans, by all businesses, by all insurance companies, by all doctors, and by all hospitals This group of people is not that large and rules need to be carefully thought out and discussed. I do not know how big this group is, but the point is if you have someone who can have a surgery and wake up better they need to have it if it is decease caused issue which has nothing to do with wellness and bad choices by that individual.6. This last item comes from my conservative nature, but I truly believe it and I believe that if we really want to attack the issues that run up the cost of health care we have got to realize our moral consciousness as a country and our lifestyles affect our health. It is proven time and time again diet and exercise is good, but the number one factor in good health is happiness. The number one factor in happiness is relationships and family. They family unit in the United States is not the same as in other countries. We do not have 3 generations living under one roof, at least in most cases. We do not go to church as a family on Sunday. We do not sit down for dinner as a family and say grace before we eat. I hate to tell the law makers cannot ban “God” from our schools and then work on health care. You cannot promote “Wellness” and forbid the “Ten Commandments”. I can go on, but I think I have made my point. You cannot promote health, but pay for abortions. These things do not flow and go together.In summary, I agree we must control the cost of health care, but we must not look at health care in a vacuum. I am not a health care expert and do not pretend to be. I have not read the health care bill, yet, but I will. I did just get through reading the book “Outliers: The Story of Success” which is a great book and actually does touch on the “happiness” issue. In the first chapter, it talks about the Italian immigrants who settled in Bangor, Pennsylvania who are the healthiest people in the world and honestly, do not particularly do much different in terms of diet and exercise than the rest of the world, but they are happy because of family and friends.

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Some Important Facts About First Position Commercial Mortgage Notes

Creating attractive interest is a challenge in today’s low interest rate environment. The attractiveness of First Position Mortgage Notes is in the fact that investors (lenders) are held in the first position as a lien holder of the property – so there is a hard asset (real estate) providing the security of their investment.The 50-year average for homeownership in the United States is about 65%. Most experts see that number reducing as the move to rental communities continue to rise along with the challenges that younger consumers are finding in securing sustainable employment which is directly correlated to one’s ability (and desire) to own a home. The marketing for traditional residential mortgage financing in today’s marketplace has created a higher understanding of how these loans work for consumers. Couple that with the competition in the residential financing market and it is understandable why most adults understand residential financing. But what about Commercial Real Estate?Each and everyday consumers leave their homes and visit multiple commercial properties – for work – for dining – for shopping – for entertainment – but few understand that differences in the commercial financing marketplace versus the residential financing marketplace. The term “commercial loans” is mainly segmented into “multi-family properties (5 plus units), office buildings, retail centers, industrial and warehouse space, single tenant box buildings (such as Lowes and Walmart), and specialty use properties such as gas stations, schools, churches, etc. Regardless of the use the access to commercial loans is quite different than residential borrowing.In residential borrowing the normal procedure is for the lender to request 2 years of tax returns, bank statements, pay stubs, credit check, and appraisal of the property. The loan underwriters primary focus is the borrower’s ability (through an income and expense model) to make the monthly mortgage payments including taxes and insurance.In a commercial loan the lender will first look at the condition of the property and its ability to service the loan out of the cash flow from its day to day operations. The lender will request copies of current leases (rent roll) and two years of the borrowers operating history. In addition, they will review recent capital improvements, internal and external photos of the property, and lien and title searches. With these documents in hand the underwriter will create a debt-to-service coverage ratio (DSCR) to determine if the property can cover the demands that the new loan will carry with it. In addition, the lender will look at third party appraisals paying attention to not only the property in question but also the surrounding area and the trends in the marketplace.A commercial borrower needs to have strong financials and credit history to qualify for the loan. However, the lender places the greatest weight on the properties ability to sustain the loan over that of the borrower’s personal situation. This is in direct comparison to the underwriting of residential mortgages where the borrower’s personal financial situation is of a higher concern than the property that is part of the mortgage.There are six sources for commercial real estate borrowing – Portfolio Lenders – Government Agency Lenders – CMBS Lenders – Insurance Companies – SBA Loans – Private Money/Hard Money Lenders.Portfolio Lenders – these are mostly comprised of banks, credit unions, and corporations that participate in commercial loans and hold them on their books through the maturity date.Government Agency Lenders – these are companies that are authorized to sell commercial loan products that are funded by governmental agencies such as Freddie Mac and Fannie Mae. These loans are pooled together (securitized) and sold to investors.CMBS Lenders – these lenders issue loans called “CMBS Loans”. Once sold the mortgages are transferred to a trust which in turn issues a series of bonds with varying terms (length and rate) and payment priorities in the event of default.Insurance Companies – many insurance companies have looked to the commercial mortgage marketplace to increase yield on their holdings. These companies are not subjected to the same regulatory lending guidelines that other lenders are and therefore have more flexibility to create loan packages outside the conventional lending norms.SBA Loans – Borrowers that are looking to purchase a commercial property for their own use (owner-occupied) have the option of utilizing a SBA-504 loan which can be used for various types of purchases for one’s own business including real estate and equipment.Private Money/Hard Money Loans – For those borrowers that cannot qualify for traditional financing due to credit history or challenges with the property in question – hard money loans may be a viable source of funds for their intended project. These loans have higher interest rates and cost of money than other types of loans. Regardless of the higher costs of borrowing – these loans fill a need in the commercial mortgage marketplace.Commercial Mortgage Loans can be either recourse or non-recourse in their design. In a typical recourse loan the borrower(s) is personally responsible for the loan in the event that the loan is foreclosed and the proceeds are not sufficient to repay the loan balance in full. In non-recourse loans the property is the collateral and the borrower is not personally held responsible for the mortgage debt. In typical non-recourse loans a provision called “bad-boy clauses” are part of the loan documents which state that in the event of fraud, intentional misrepresentation, gross negligence, criminal acts, misappropriation of property income, and insurance windfalls, the lender can hold the borrower(s) personally responsible for the debt of the mortgage.Understandably, in commercial mortgage negotiations the lenders prefer recourse loans where the borrowers would prefer non-recourse loans. In the process of underwriting the lender and borrower(s) work to create a loan that meets both parties need and objectives and if an impasse presents itself – the loan is not issued.The world of commercial mortgages offers investors the ability to participate in a marketplace that can have attractive yields, principal safety through lien positions on real estate assets, and durations (12 months to 5 years) that are acceptable to most. The creation of ongoing monthly interest through holdings such as Commercial Mortgage Notes is attractive to both consumers and institutional investors.

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Property Management Services and the Benefits of Outsourcing

Property management refers to the operation and oversight of real estate. This term entails looking after the condition of a single- or multi-family building and managing it in such a way as to maximize its value and useful life. There are a number of tasks associated with managing a building, and many owners become overwhelmed when trying to oversee the day-to-day aspects of these properties. These building owners are able to alleviate their stress by outsourcing some or all of these responsibilities to an experienced property management company. Doing so offers owners a number of benefits, including:Property Management Expertise
Experience goes a long way, and this tenet is especially true when it comes to overseeing a property. Longstanding companies have been there before and are able to anticipate and identify problems related to the aspects a property manager oversees. Those firms that have been active for many years use their knowledge of the intricacies of property management and its financial implications for owners to make decisions that have proven effective for other managed properties. Owners should ideally hire a company that has worked with similar sized properties.Elevated Property Values
There are a number of factors that affect the price for a specific property, and one of them is how well kept and maintained the property is. Effectively managed properties have higher resale values, and even owners who are not looking to sell will benefit from being able to attract new tenants without having to reduce prices each year.Cost Savings
Overseeing a property is a costly process, as owners are often met with unplanned expenses including emergency repairs and legal issues. A good property oversight firm is able to reduce costs by anticipating problems, allowing it to forecast future costs, set a budget, and control or minimize expenses long term. Even day-to-day costs can be reduced by hiring a property management firm, as experienced firms will have established relationships in place with vendors that allow them to negotiate lower prices. Additional cost reductions are delivered by reducing or eliminating inefficient processes that contribute to high overhead.Knowledge of the Market
Whether owners are managing properties in the United States or abroad, no two markets are the same. A property management company that works exclusively in the owner’s market will be able to fill the gap in services offered by larger companies to owners of smaller properties. These companies bring an understanding of elements such as which vendors in the area deliver the best service, rental rates for other area properties, and elements that renters in that area prioritize.Property management is a complex, time-consuming process and owners can quickly feel overwhelmed when they do not get help. Outsourcing these responsibilities offers many benefits, including access to management experience and knowledge of the market, cost savings, and elevated property values.

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How to Start a Home Business Online – 7 Tips That Made it Easier For Me

I have been researching ways to start a home business online for several years now, learning from the real internet “gurus”. I have bought into several scams but also a lot of programs that actually do work. What I have found out is that all this information leads to more information that in turn leads to even more information. In the beginning I was actually suffering from what is known as “Information Overload”! I had to buy everything I could get my hands on about how to start a home business online. What ended up happening was I was trying to learn all these programs and systems at the same time.I found out that there are countless ways that you can start a home business. Some of the more popular are selling information products such as e-books, building online stores, internet auctions and affiliate marketing (which is my favorite). Through the years I have read numerous e-books, subscribed to hundreds of newsletters and even listened to tele-seminars to get all the information I possibly could get. Well, in the process of all this learning I ended up reading about other people’s success and found myself getting very frustrated with the lack of my own.Now that I am a very successful online entrepreneur and have learned some very valuable lessons along the way, I’d like to share some useful tips that I feel will help you in your quest to start a home business.1. You need to have a positive mindset! The worst thing you can do is talk to others who feel that you will not succeed in your online venture. Do not think you are going to fail because if you do, you most likely will. Talk to people who are positive about your internet business. Take it from me, this really does help! I remember when I told my wife that I was going to start a home business. She told me that she was behind me 100% and that she knew that it would be successful. That right there helped motivate me even more. Keep a positive attitude and you will find out that it can become very contagious!2. Do not set goals that are unrealistic. When you are just getting started you want to keep it simple. As an example, you might set a goal to take seven days to create an account at an online auction website. Then pick out three things from your home that you can sell just to get a feel of how the whole process works. When I first started out I set up all these complicated goals that could not be reached. It was a waste of time and I would have been better off not even having any goals.3. Make sure whatever you sell is something that interests you. Another mistake you do not want to make is selling something that you have no interest in. You will not be successful. If you’re not a big golfing fan, it’s probably not a wise choice to sell an e-book on learning to golf. The more interest you have in your product, the more successful you will be.4. Start a home business that’s within your budget. Times are tough and there are many ways to get your home business off the ground without having a lot of money. Down the line when you start making money is when you can invest more. In the beginning I bought everything I could find on starting an online business without even giving thought about doing any research. Come to find out, I bought a lot of info that was the same but presented in a different package. I threw away ton money on resources I already had.Is there an e-book you are dying to buy that cost $50? Do an online search with the title of the book and get plenty of feedback. Also, make sure they offer a full money back guarantee. Do not waste your hard earned cash on information that is not going to help you or resources you might already have.5. Take in one thing at a time! Are you interested in selling affiliate products? If so, focus on that area first! If you are not quite sure where to start, find an affiliate program or product and go to their website. Most all of them have all kinds of help topics and tutorials that are designed to help you succeed. Keep in mind that if you make money, they make money so they most likely will guide you every step of the way.6. Set the wheels in motion! When I first decided to start a home business the biggest mistake I made was doing nothing but research. When I look back, all the information I was obtaining was telling me to take action. Did I listen? No. I would come up with these lame excuses why I could not start earning an income online. I didn’t have enough money or I don’t know enough yet, just to name a couple. Come to find out, I learned the most when I actually started using what all this research was telling me.7. It’s not going to be easy! Do not believe all the hype you read on the internet about getting rich quick because it is not going to happen. Sure, you will find out about people who have hit the jackpot quickly when they start a home business, but believe me, they put a lot of effort in to it. If some of them went bankrupt today, it would not be long before they were wealthy again. Why, because most of them have a lot of experience in online marketing. One thing that is certain is if you enjoy what you’re doing, it will all become a lot easier.I hope these tips will help you find success in all your online ventures. You will make mistakes along the way but do not let that discourage you. Learn from your mistakes and that way, when you start a home business you will become very successful.

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How Cryptocurrency Trading Software Is Helping To Grow Your Crypto Platform

The cryptocurrency trading software package is an integrated system to manage all aspects of cryptocurrency trading platform like all kinds of crypto buy, sell, exchange, lending, MLM & affiliate management, converting, live market comparison & analyzing etc.

Important features you should consider:

Buy, Sell And Exchange: Nishue is the impressive trading management system offers a smooth and secure methodology for your users to effortlessly Buy, Sell and exchange cryptocurrencies.

Lending system management: This system is completely brokering friendly has a system to manage Crypto lending service, like create manage offers, maintain and moderation etc

Unique Admin Module: Nishue contains a secure and advanced Admin Module for you to control your Cryptocurrency exchange end-to-end.

Separate customer profile: Separate customer profile module that helps your users to easily track and check all Open deposit or withdraw orders, Records, Transactions etc. on just a click.

MLM & affiliate management: This marketing ready automation tools facilitate to manage your level wise affiliate commission, contribution history, and documents.
Market comparison & Converter: Two additional system has been integrated for live Crypto Comparison, Conversion & Depth analysis.

How Cryptocurrency Trading Software Is Helping To Grow Your Crypto Platform:

Coin Deposit & Withdraw: Crypto trader need to maintain enormous Deposit and Withdraw request daily. Trading software aid to manage your activity with its auto set algorithm.

Coin Package & Lending offer: Keep your various coin package and lending offer at the fingers end of your customer. You can create, manage and advertise your offer using a well-designed package.

Level wise commission: If you follow the MLM strategy to reward your respective participants, and worried about set their commission? OK, It is ready to auto calculate their level wise commission.

Notification & Risk management: Every crypto trading platform must arrange push notification system to keep itself and its client up to date about many alarming issues thus help eliminate risk. In this case, a system project is totally perfect.

Multiple Payment Gateway: You can Integrate your cryptocurrency wallet, Local currency, Payeer Even Mobile Banking system as a Payment method within this software to make your transaction hassle free.

Daily, Weekly & Monthly ROI: Are you worried about maintaining ROI as per you said. This cryptocurrency trading management software can auto calculate ROI, commission, and others as per your given instruction.

Free Responsive Website: It must have integrated a fully responsive, SEO optimized dynamic website with our system and it is totally free. It will help you to manage your enterprise smoothly.

Crypto Comparison, Conversion & Depth analysis: Crypto live market cap & coin convertor two addition system has been integrated for live Crypto Comparison, Conversion & Depth analysis

100% secured System: A trading software is designed after having highly security issue in mind. Secured Integer framework, two-factor authentication, and much other security systems have been applied in this cryptocurrency trading software.

The absolute package exclusively for spot cryptocurrency trading that allows users to trade Bitcoin, Bitcoin Cash, Ethereum and Litecoin through Coinbase. Built upon the same technology that powers the Nishue software, It incorporates proven market-leading tools developed over 25 years to provide both professional and active cryptocurrency traders with a better experience than what’s currently offered by other crypto-only trading solutions.

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Tips to Choose the Best Crypto Signal Service

If you keep an eye on the market, crypto trading can be profitable for you. However, you may find it hard at times. Fortunately, if you need assistance, you can give a go to crypto signal services. The signals offered by them can be used to make the right decision, at the right time. You can choose from a lot of service providers. Given below are a few tips that can help you choose the right one. Read on to know more.

Service Quality

When opting for a service, quality is the number one factor to consider. Ideally, the trading platform should have an awesome success rate as far as predictions are concerned. Aside from this, it should provide relevant impulses so you can get a better idea of the market trends and trades.

Moreover, you should be able to receive the signal promptly so you can make the right moves. The service provider should be able to generate signals as fast as possible.

Reliability

Keep in mind that the service should be reliable as you are going to make your trade decisions based on their guidance. Hence, you might want to opt for a service that you can depend on. This is the only way to make the right choice and be on the safe side.

What you need to do is hire the services of a provider who is legitimate. You are going to consult expert traders, not an automated software program.

Free Trial

How can you find out if a provider is genuine? The best way is to give a go to their service. Many providers offer a free trial service. This is true even if you are going to hire any service, not just crypt trading.

The trial service will allow you to find out if the service is reliable. Once you have tested the service, you can go ahead and pay for it for a long-term.

Pricing

After the trial period expires, you will have to pay for the service. Here it’s important to keep in mind that providers who offer crypto signals for free of charge may not be reliable. In the same way, you might not want to pay a lot of money for the trial period either. As a matter of fact, the price of packages should be fair so you can enjoy the service without breaking the bank. So, you might want to do your homework to get the right service without spending a good deal of money.

Support

Although it’s great if their support is available round the clock, the important thing is to get the right information at the right time. They should be able to answer your questions until you are satisfied.

Without reliable customer support, you can’t benefit from the crypto signal service the way you should.

In short, if you are going to hire the service of a crypto signal service, we suggest that you follow the tips given in this article. This way you can make the right choice.

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Crypto Currency Vs Fiat Currency

Crypto currency vs. Fiat currency

Are you aware of the fiat currencies and the crypto currencies? They both are currencies in one form or the other and are open for public use across the world. But they are both different and distinct in their own ways. There is always one group that favors the use of cryptos, while the other has a soft corner for the fiat currencies.

In cashless society- crypto money play a huge role

If you have a look at the market of the 1970s and 1980s, you will find that the cash played the dominant role. But, with the change in the technology, electronic transactions have become the usual norm. Today, more and more people are influenced in becoming the cashless society. With the progress towards the cashless society, cryptocurrencies have a big role to play.

Crypto currency and fiat currency are always at loggerheads

Cryptocurrency and fiat currency are popular types of digital currency, especially when it is about an online transaction. They both are currencies currently in use in the market but have some differences in them. There is a hell lot of hypes that you will hear on a daily basis comparing the crypto money and the fiat money. This article will highlight the difference between the two in a more comprehensive and clear manner.

Differentiating in what the currencies stand for

Before going for the difference between the two, you must understand what do they stand for and how are they are defined.

The fiat currency is a legal tender that has the support of the central government, and it operates in the physical form. For instance, US dollars, British Pounds, Euro etc. On the other hand, the crypto currency is a non-legal tender, and doesn’t have any backup from the central government or bank.
Hence, the difference between crypto currency and fiat currency is noted as follows:

• Crypto-currencies are decentralized and global in nature. There are no one entity or government that controls the currency with their laws and regulations. The Fiat currency is centralized, under the control of the laws and regulations of the banks and government.

• Crypto-currencies have their existence only in the digital domain. On the other hand, you will find that the fiat currencies have a tangible and physical existence.

• There is a limited supply of crypto-currencies with a maximum set of them getting supplied in the market. Whereas, the fiat money has an unlimited supply as the government and bank are entitled to produce coins and paper money whenever the situation is required.

• The Bitcoin and other crypto type currencies are created by the computers, while the fiat currencies are issued by the local government and the banks.

• Cryptocurrencies are presented as the public and private code pieces. On the other hand, the fiat currencies are presented in the form of coins and paper money.

• The value of the crypto currencies is not recognized by the supply and demand of the market. Whereas, the fiat currency value is determined by the market regulations of supply and demand.

The different types of crypto and fiat currencies

In the last one decade, the popularity of crypto type currencies has emerged as a huge success. It was in 2009, when Bitcoin was first introduced, and years after several other types of crypto currencies have emerged. Starting from Litecoin. Dogecoin, Ripple to the Dcash and Zcash, there is a plethora of them. On the other hand, the fiat currency has a rich and ancient roots, with the Great British Pound, that dates back to 775 AD. It is considered as the oldest currency in the world that is still in use.

The differences in the anonymity between the two currencies

When you are using the fiat currencies, you need to undergo a user identification or verification process. You are asked to upload a recent picture of yourself and some of the required documents to be issued as per the public authorities. You don’t need to undergo any of the required processes with the crypto currencies. Though your personal information and confidential details don’t get public, but all your transactions are recorded and tracked in both the fiat and the crypto currencies.

Fiat currency vs crypto currency: transparency level

• The transparency level with the crypto type currencies are considered to be more. This is because the revenue streams are displayed in a public chain. Everyone can witness their own and others’ transactions.

• The fiat or govt. currencies are not transparent, as there are not public chains to see the revenue streams of the people.

A comparative historical roots

If you compare the crypto money with that of its counterpart, fiat or government currency, you will find that their existence and creation brings the difference. The Fiat or government currency, dates back its existence as early as 775 AD with the introduction of the Great British Pound. This is why fiat type currency is easily accepted by the people all over.

On the other hand, the crypto coin was perhaps first introduced only a decade ago, with the introduction of Bitcoin in 2009. The challenge that the Bitcoin and other crypto currencies face is catching up with the immense popularity and increasing fan base of the fiat currency. Crypto currency, is no doubt gaining importance and popularity in the economic market, but it has still not been accepted widely in the society as the fiat currency.

A comparative history of the two currencies:

• It was in the 11th century, when the Chinese Song dynasty was perhaps the first one to issue the paper money. It was not allowed to exchange with valuables like gold and silver or silk.

• There were Tally sticks that were introduced as a fiat or government currency. 1100 Tally sticks were introduced as a combat for the shortages in gold.

• 1971, was the year, when the fiat currency received a worldwide recognition. President Nixon introduced it in order to eliminate the dollar pegging system to gold.

• It was in 1998, when the idea of an anonymous electronic cash system emerged by Wei Dai. Bitgold-the very first crypto currency was created by Nick Szabo, but it didn’t receive as much attention as Bitcoin.

• In 2009, Bitcoin was introduced in the market, that became the first crypto currency that was accepted across the globe. In 2011 and after, a series of several other crypto currencies were introduced. Some of the popular ones include, Litecoin, Dogecoin, Ethereum, Ripple, Zcash, Dash and so on.

The traits of both the currencies

The potential of the crypto type currencies and fiat currencies, accessing their traits is important. You will find that in some of the criteria, Bitcoin and other crypto currency is superior than the fiat or government currency, and in some cases, the latter surpasses. It is absolutely your call to choose the type of currency (crypto type currency or fiat type currency) based on your personal needs and requirements.

Let us compare their traits with respect to certain factors.

• Both the crypto coins and fiat type currencies are interchangeable in nature.

• As per the portability is concerned both the currencies secure more or less the same position.

• With respect to the non consumable criteria, crypto currency and fiat type currency have the equal status.

• Crypto type currencies have high durability as compared to the fiat-currencies that have moderate level of durability.

• Both the crypto or virtual currencies and the fiat or government currencies ensure secure and safeguarded transactions and exchange.

• Crypto or digital currencies are highly divisible in nature. On the other hand, the fiat type currencies are moderately divisible.

• In terms of the transaction process, the crypto currencies are easy and hassle free. Whereas, on the other hand, the traction process associated with the fiat currencies are easy, but not like the cryptos.

• The crypto based currencies are decentralized and global in nature, unlike the fiat currencies that are centralized and functions under the laws and regulations of the government.

• The crypto based currencies have high scarcity, where as, the fiat currencies are unlimited as the government can issue coins and paper money whenever there is a need.

• The crypto based currencies are based on mathematical algorithms, and are programmable. The fiat currencies are not at all programmable.

• The fiat currencies are sovereign in nature, while the crypto currencies are not.

The process of the functioning of the currencies

You can find the significant differences between the crypto or digital currencies and the fiat currencies with the way they both operate and the transaction process that take place. They are contrasting in nature. The transfer of money using the Bitcoin is very quick, and you absolutely don’t need any third party association.

On the other hand, if you are involved with the money exchange using Fiat type currency, a mobile wallet is in use. You can exchange an amount of e-money that gets transferred into the equal e-value amount. Both the fiat and the crypto currencies enable you to purchase everything that you desire. But the processes involved are absolutely distinct from each other.

Depending on the things you purchase, you will find that one currency form is better than the other. This is absolutely your choice.

Is Bitcoin, a crypto currency better than the fiat-currency?

The long term benefits and the capability of the Bitcoins is still not established. But it has been predicted by the crypto currency gurus and experts, that they will go a long way, especially revolutionizing the way the online transactions are done. In the current market, the Bitcoin is mainly included in the online casinos and the gambling, but it is not limited to it.

Furthermore, when you compare the fiat currencies, the Bitcoin allows you to seize the power and authority from the banks and the government since it is not controlled. The cryptography based currency has the capability to create or come up with the free market capitals. Fiat currencies are affected by the inflation and the changes in the market, unlike the crypto based currencies. Such aspects make individuals believe that cryptograph based currencies will soon take over the mainstream currencies and bring a transformation in the way the money is used.

Why is Bitcoins considered to be a better aspect than the fiat type currencies?

• Bitcoin gives you the opportunity to re-create a free market capitalism.

• The power of controlling the money is absolutely with the individuals, and not with the banks like the fiat type currencies.

• When there is an inflation, the Bitcoin is not affected. But the Fiat type currency will be easier to lose and get affected by it.

• The Bitcoin currency is easy easier to exchange and transfer as compared to the fiat or government currencies.

• The transaction fees involved with the Bitcoin are way cheaper and easily affordable.

Crypto currencies seem to be a favorable option among the people

The fiat type currencies are the centralized and legal way of exchanging money. But, the crypto currencies have acquired immense popularity in the past few years. There will never be anyone who would act as a middle man, like the case with the banks. Moreover, the cryptos are way cheaper and less expensive that the conventional fiat currencies.

Send money anywhere directly without waiting for the bank’s approval

You can send money to anyone in the world directly, and it is super fast. The money gets cleared within a few minutes time. You don’t have to wait for the traditional clearing and verification processes of the banking systems, which might take up to several days to get a clearance. Since it is decentralized and doesn’t come under the law and regulations of the government, nobody has any power to do anything with your account.

The blockchain technology has a very big role to play

Thanks to the crypto currencies, that gives us the power and the authority to become our very own bank, and take control over our finances. It is because of the blockchain technology that offers a higher level of sophistication while dealing with the finances. In fact, there are some mainstream financial industries that have started incorporating the idea of the technology.

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Crypto Market Analysis

Cryptocurrency have been around for a while now and there are multiple papers and articles on basics of Cryptocurrency. Not only have the Cryptocurrency flourished but have opened up as a new and trusted opportunity for investors. The crypto market is still young but mature enough to pour in the adequate amount of data for analysis and predict the trends. Though it is considered as the most volatile market and a huge gamble as an investment, it has now become predictable to a certain point and the Bitcoin futures are a proof of this. Many concepts of the stock market have now been applied to the crypto market with some tweaks and changes. This gives us another proof that many people are adopting Cryptocurrency market every day, and currently more than 500 million investors are present in it. Though the total market cap of crypto market is $286.14 Billion that is roughly 1/65th of the stock market at the time of writing, the market potential is very high considering the success despite its age and the presence of already established financial markets. The reason behind this is nothing else but the fact that people have started believing in the technology and the products backing a crypto. This also means that the crypto technology have proven itself and so much that the companies have agreed to put their assets in the form of crypto coins or tokens. The concept of Cryptocurrency became successful with the success of Bitcoin. Bitcoin, which once used to be the only Cryptocurrency, now contributes only 37.6% to the total Cryptocurrency market. The reason being, emergence of new Cryptocurrencies and the success of projects backing them. This does not indicate that Bitcoin failed, in fact market capitalization of Bitcoin has increased, rather what this indicates is that crypto market have expanded as a whole.

These facts are enough to prove the success of Cryptocurrencies and their market. And in reality investment in Crypto market is considered as safe now, to the extent that some invest as for their retirement plan. Therefore what we need next are the tools for analysis of crypto market. There are many such tools that enable you to analyze this market in a manner similar to stock market providing similar metrics. Including coin market cap, coin stalker, cryptoz and investing. Even thought these metrics are simple, the do provide crucial information about the crypto under consideration. For example, a high market cap indicates a strong project, a high 24hour volume indicates high demand and circulating supply indicates the total amount of coins of that crypto in circulation. Another important metric is volatility of a crypto. Volatility is how much the price of a crypto fluctuates. Crypto market is considered as highly volatile, cashing out at a moment might bring in a lot of profit or make you pull your hairs. Thus what we look for is a crypto that is stable enough to give us time to make a calculated decision. Currencies such as Bitcoin, Ethereum and Ethereum-classic (not specifically) are considered as stable. With being stable, they need to be strong enough, so that they do not become invalid or simply stop existing in the market. These features make a crypto reliable, and the most reliable Cryptocurrencies are used as a form of liquidity.

As far is crypto market is concerned, volatility comes hand in hand, but so do its most important property i.e. Decentralization. Crypto market is decentralized, what this means is that the price fall in one crypto does not necessarily means down trend of any other crypto. Thus giving us an opportunity in the form of what are called mutual funds. It’s a Concept of managing a portfolio of the crypto currencies that you invest in. The Idea is to spread your investments to multiple Cryptocurrencies so as to reduce the risk involved if any crypto starts on a bear run

Similar to this concept is the concept of Indices in crypto market. Indices provide a standard point of reference for the market as a whole. The Idea is to choose the top currencies in the market and distribute the investment among them. These chosen crypto currencies change if the index are dynamic in nature and only consider the top currencies. For example if a currency ‘X’ drops down to 11th position in crypto market, the index considering top 10 currencies would now won’t consider currency ‘X’, rather start considering currency ‘Y’ which have taken it’s place. Some providers such as cci30 and crypto20 have tokenized these Crypto indices. While this might look like a good Idea to some, others oppose due to the fact that there are some pre-requisites to invest in these tokens such as a minimum amount of investment is needed. While others such as cryptoz provide the methodology and a the index value, along with the currency constituents so that an investor is free to invest the amount he/she wants to and choose not to invest in a crypto otherwise included in an index. Thus, indices give you a choice to further smooth out the volatility and reduce the risk involved.

Conclusion

The crypto market might look risky at first look and many might still be skeptical of its authenticity, But the maturity that this market has attained within the short period of its existence is amazing and the proof enough for its authenticity. The biggest concern that investors have is volatility, for which there had been a solution in form of indices.

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Increasing Student Success Through Instruction in Self-Determination

An enormous amount of research shows the importance of self-determination (i.e., autonomy) for students in elementary school through college for enhancing learning and improving important post-school outcomes.
Findings

Research by psychologists Richard Ryan, PhD, and Edward Deci, PhD, on Self-Determination Theory indicates that intrinsic motivation (doing something because it is inherently interesting or enjoyable), and thus higher quality learning, flourishes in contexts that satisfy human needs for competence, autonomy, and relatedness. Students experience competence when challenged and given prompt feedback. Students experience autonomy when they feel supported to explore, take initiative and develop and implement solutions for their problems. Students experience relatedness when they perceive others listening and responding to them. When these three needs are met, students are more intrinsically motivated and actively engaged in their learning.

Numerous studies have found that students who are more involved in setting educational goals are more likely to reach their goals. When students perceive that the primary focus of learning is to obtain external rewards, such as a grade on an exam, they often perform more poorly, think of themselves as less competent, and report greater anxiety than when they believe that exams are simply a way for them to monitor their own learning. Some studies have found that the use of external rewards actually decreased motivation for a task for which the student initially was motivated. In a 1999 examination of 128 studies that investigated the effects of external rewards on intrinsic motivations, Drs. Deci and Ryan, along with psychologist Richard Koestner, PhD, concluded that such rewards tend to have a substantially negative effect on intrinsic motivation by undermining people’s taking responsibility for motivating or regulating themselves.

Self-determination research has also identified flaws in high stakes, test focused school reforms, which despite good intentions, has led teachers and administrators to engage in precisely the types of interventions that result in poor quality learning. Dr. Ryan and colleagues found that high stakes tests tend to constrain teachers’ choices about curriculum coverage and curtail teachers’ ability to respond to students’ interests (Ryan & La Guardia, 1999). Also, psychologists Tim Urdan, PhD, and Scott Paris, PhD, found that such tests can decrease teacher enthusiasm for teaching, which has an adverse effect on students’ motivation (Urdan & Paris, 1994).

The processes described in self-determination theory may be particularly important for children with special educational needs. Researcher Michael Wehmeyer found that students with disabilities who are more self-determined are more likely to be employed and living independently in the community after completing high school than students who are less self-determined.

Research also shows that the educational benefits of self-determination principles don’t stop with high school graduation. Studies show how the orientation taken by college and medical school instructors (whether it is toward controlling students’ behavior or supporting the students’ autonomy) affects the students’ motivation and learning.
Significance

Self-determination theory has identified ways to better motivate students to learn at all educational levels, including those with disabilities.
Practical Application

Schools throughout the country are using self-determination instruction as a way to better motivate students and meet the growing need to teach children and youth ways to more fully accept responsibility for their lives by helping them to identify their needs and develop strategies to meet those needs.

Researchers have developed and evaluated instructional interventions and supports to encourage self-determination for all students, with many of these programs designed for use by students with disabilities. Many parents, researchers and policy makers have voiced concern about high rates of unemployment, under-employment and poverty experienced by students with disabilities after they complete their educational programs. Providing support for student self-determination in school settings is one way to enhance student learning and improve important post-school outcomes for students with disabilities. Schools have particularly emphasized the use of self-determination curricula with students with disabilities to meet federal mandates to actively involve students with disabilities in the Individualized Education Planning process.

Programs to promote self-determination help students acquire knowledge, skills and beliefs that meet their needs for competence, autonomy and relatedness (for example, see Steps to Self-determination by educational researchers Sharon Field and Alan Hoffman). Such programs also provide instruction aimed specifically at helping students play a more active role in educational planning (for example, see The Self-directed Individualized Education Plan by Jim Martin, Laura Huber Marshall, Laurie Maxson, & Patty Jerman).

Drs. Field and Hoffman developed a model designed to guide the development of self-determination instructional interventions. According to the model, instructional activities in areas such as increasing self-awareness; improving decision-making, goal-setting and goal-attainment skills; enhancing communication and relationship skills; and developing the ability to celebrate success and learn from reflecting on experiences lead to increased student self-determination. Self-determination instructional programs help students learn how to participate more actively in educational decision-making by helping them become familiar with the educational planning process, assisting them to identify information they would like to share at educational planning meetings, and supporting students to develop skills to effectively communicate their needs and wants. Examples of activities used in self-determination instructional programs include reflecting on daydreams to help students decide what is important to them; teaching students how to set goals that are important to them and then, with the support of peers, family members and teachers, taking steps to achieve those goals. Providing contextual supports and opportunities for students, such as coaching for problem-solving and offering opportunities for choice, are also critical elements that lead to meeting needs for competence, autonomy and relatedness and thus, increasing student self-determination.

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