Introduction
Dear, kids. It's a great pleasure to be in contact with you again in the 6th week of the second series of our grassroot crypto education. The last week's edition was great I am glad to see your beautiful designs, they are colorful and perfect. Congratulations to all the winners, truthfully, all of you performed well in the contest. For this week again, we would be taking another contest to test your knowledge about cryptocurrency. Let's get to it.
Designed with Adobe Photoshop
Contest- Crypto Wallet or Bank
You are not too young to master finance as such we would take another contest to see how far you have mastered that art through our crypto education. Cryptocurrency is the type of asset that is volatile and tends to rise or fall with time, although, convectional currencies also appreciate or depreciate in value over a certain period, taking a look at the positive side of finance, acquiring cryptocurrency would give you profits that can't be compared with conventional currencies'.
A cryptocurrency worth 1 USD today can be worth 100 USD in 2 years and if you had kept 1 USD conventional currency, it might not be enough to afford your favorite candies in that future 2 years whereas acquiring that cryptocurrency and kept it for that period, it would be to your profit as you will feel great for properly managing your money. Let's see a graphic from one of my past lectures on grassroots crypto education.
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Source
I had used Joe as an example in the image above, he's actually a smart kid who got more value added to his money in just one week, something he couldn't have done with conventional currencies. You can click on the link to understand what Joe did. And today, I wanna see how smart you are too, the choices you would go for, and why. So, let's head to the contest now.
Contest Expectation
- Momma offered you 10 USD to keep it for 2 years. Would you keep it in the crypto wallet or bank?
- Why do you go for the choice above?
- Is any harm attached to your choice? Explain
Contest Guidelines
- Make an article not less than 300 words. Keep your explanation as simple as possible. You are free to make any choice, just add the reason as requested.
- Do not plagiarize. Be original with your write-up.
- Include the tag #grassroot-educations2v6, #contest, #fintech, and club status among the first 4 tags. Also, tag me @fredquantum in your contest entry.
- The contest is for all the verified kids in the community that is not participating in the Steemit Crypto Academy yet.
- Entry ends on Sunday, 22nd of May 2022 at 23:59 UTC.
Contest Rewards
Last Week Winners
A total of seven entries was received last week, and out of them all, 4 is still our target audience for now. The first three positions are @kishwarsumbal, @ghani12, and @junst. The three kids have received 5, 4, and 3 STEEM respectively. The last kid, @ibtisamwaqas misconstrued the contest but for his effort, he's been rewarded with 2 STEEM. See the transactions below.
Rewards distribution for last week's Contest
Conclusion
In conclusion, you have learned a few things about cryptocurrency in our grassroots crypto education, and blogging on Steemit makes you a literate of cryptocurrency, and of course, at this point, you would have known its benefits which enables you to make a choice between it and other currencies of your country. I want to see that smartness in you, you are smart with any choice you make as long as you have your reasons. I look forward to your entries and I wish you the best.
Sponsored by;
@fredquantum
I will also like to call on these usernames; @ibtisamwaqas
@binwaqas
@kishwarsumbal
@bossj23
@madilyn02
@leyxi209
@geoscary21
@chukwu10
@dorismos
@favour11
@princeifeko
@yeri52
@katherine012
@fortwis09
@chimeroselam
@ghani12
@wizzyboy3
@deben
@tarazona14
@jlvillamizar
@joymm
@david-o
and
@elyayo to take part in our new contest.
Cc:-
@steemkidss
Wow, I wish I can take part in this crypto task. This is very easy and simple. The kids will surely like this. Thanks @fredquantum for all you do for the kids
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Hahaha. Unfortunately, you can't partake 😆. I believe they are not too young to put their sense of finance into practice and that birthed this contest. Thanks for appreciating this piece, ma'am @ngoenyi. I look forward to the kids' participation and wish them all the best.
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#ContestAlerts #winwithsteem
This contest has been included in the daily Active Contest List
👉 Contest Alerts: Active Contest List on 16th May 2022 – Win 1000+ STEEM
Follow & Resteem for more updates.
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Thank you, @disconnect.
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Hola a todos!!!!! Por aquí mi entrada, Saludos :D
https://steemit.com/hive-139765/@jlvillamizar/serie-2-volumen-6-concurso-crypto-wallet-o-bank-or-clud5050
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Thanks sir for your support toward our post and even mine. I hope I can also enjoin into this contest.
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Thanks @fredquantum for your support
See my entry below 👇
https://steemit.com/hive-139765/@junst/grassroot-crypto-education-or-series-2-volume-6-contest-crypto-wallet-or-bank-by-junst
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Hola, esta es mi participación https://steemit.com/hive-139765/@leyxi209/grassroot-crypto-education-or-serie-2-volumen-6-concurso-cartera-o-banco-de-criptomonedas
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Hello @fredquantum, Your post has been selected as one of the quality posts for the day by steemkids community. Congratulations! Please keep making quality and original contents with us here. We love you so much and will like to read more of your posts.
Please endeavour to resteem, vote and comment on the post of selection. Thank you!
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here is my homework.
https://steemit.com/hive-139765/@kishwarsumbal/grassroot-crypto-education-or-series-2-volume-6-contest-crypto-wallet-or-bank
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My entry
https://steemit.com/hive-139765/@ronindboss/grassroot-crypto-education-or-series-2-volume-6-contest-crypto-wallet-or-bank-or-or-by-ronindboss
Thanks ⭐
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Hello sir @fredquantum, here is my entry;
https://steemit.com/hive-139765/@david-o/grassroot-crypto-education-or-series-2-volume-6-contest-crypto-wallet-or-bank
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