Tech

If you are a beginner, these are the cryptos you should start with

Published

3 years ago

April 14, 2022

With the plethora of cryptocurrencies that are currently available in the market, it might get intimidating for a novice to understand and know which ones to invest in. The financial world can get slightly daunting even to people who have been in the market for a long time. Imagine the plight of someone when they see newer cryptocurrencies emerging every single day! Knowing which one to invest in will require a lot of dedicated research and analysis from experts and a thorough understanding of the trends and patterns of the market.

Why cryptos can get tough for beginners – In any case, because the world of cryptocurrency is so new, to begin with, being able to accurately analyze the patterns might be challenging even for a so-called expert in the field. How are the newbies supposed to navigate through this world when newer trends are emerging each day? To make the job easy for people who have newly entered this venture it is best to invest in the cryptos that have lower risk and would give the newcomers the opportunities to test the waters before they dive headfirst into it. The cryptos that are old have reached certain heights which would require a lot of investment from the newcomers, even for smaller profits This aspect might discourage many people from investing in bigger and larger cryptocurrencies like Bitcoin and Ethereum.

When there is a lot of money involved in any kind of investment you want to make sure that there are lower risks especially if you particularly have a lower tolerance for risk. Here is a list of a few cryptocurrencies that you can invest in which might help you mitigate the risk factors as you understand how the world of cryptocurrency works and as you become sure of your future investments.

Tether – The USDT to INR value is one of the factors that lure people to buy it. The second major factor is that Tether is a stablecoin. This makes it a great asset for investment for beginners since the value is pegged to fiat currencies like the US dollar which makes it less susceptible to fluctuations. For beginners with a low-risk tolerance, USDT would be a good choice for investment.
Cardano – Cardano (ADA) aims at improving the existing technology and network systems that Ethereum and bitcoins operated on. It has been termed the ‘third generation crypto’ and has reached a high market cap since its inception. It offers a high level of security to its users while not compromising on the speed of transactions. It is also sustainable for the environment in the long run. It is run by a strong team of developers that create an array of faith behind it.
Litecoin – ‘The silver to Bitcoin’s gold’ as this crypto is deemed by some, Litecoin was introduced as a strong competitor to bitcoin. The current LTC to INR value is around 8,767,08 rupees approximately. The price is much lower than bitcoin and Litecoin shows a lot of promise shortly, it is becoming a fan favorite very soon. However, it relies on a proof-of-work system which might not be sustainable in the long run. Litecoin has a limited supply of 84 million tokens which is expected to create a surge in price as the scarcity begins.
Bitcoin Cash – The most dominant cryptocurrency is bitcoin, is bitcoin cash similar? Let’s find out. It was launched as a result of the bitcoin ‘fork’ in 2017. The main aim was to improve the overall speed and scalability of Bitcoin. The price and market cap have seen a huge surge in recent times which is motivating the investors even further. Bitcoin cash can conduct 61 successful transactions per second, while bitcoin’s average is 7 transactions per second. This also means that the users gain an added advantage of paying a lower fee as well.

As a beginner, you would want a thorough guide to investing and finding the right opportunities for you. These might do the trick well. Till you can figure out your strengths and weaknesses regarding investing and while you get the lay of the land, you can proceed cautiously. Invest in these cryptos that have a much lower threat of risk. So, while you earn and watch your money grow with your investments in these cryptos, you will also gain more knowledge in this sector and would be able to expand your investments.

Tech

Clarity in Complexity: Dr. Dave Chatterjee’s Gift for Cyber Communication

Published

2 weeks ago

December 9, 2024

Michelle Langton

Photo courtesy of Dr. Dave Chatterjee

By Mj Toledo

A sea of confusing technical terms and threats surround people today. Many feel lost, unsure of how to protect themselves online. A distinguished cybersecurity and technology expert, Dr. Dave Chatterjee is teaching people how. He has practiced information technology management since 2001. In this field, which often bewilders outsiders, he combines academic knowledge with practical insights.

About Dr. Dave Chatterjee

The tech figure authored “Cybersecurity Readiness: A Holistic and High-Performance Approach,” which Sage published and readers praise for its thorough and accessible take on cybersecurity preparation.

Additionally, respected publications like USA Today, The Wall Street Journal, and the Massachusetts Institute of Technology (MIT) Sloan Management Review have recognized his work.

“Communicating complex cybersecurity concepts clearly and effectively is essential,” Dr. Dave Chatterjee explains. “I aim to connect technical know-how with practical understanding, making sure important cybersecurity messages reach and impact all stakeholders, from executives to information technology (IT) staff.”

Dr. Dave Chatterjee has received numerous accolades throughout his career. These include the Outstanding Executive Master of Business Administration Professor of the Year award. He has also been named a University of Georgia (UGA) Outstanding Teaching Faculty Honoree.

Before the pandemic, Dr. Dave Chatterjee launched his Technology Roundtable. It features distinguished business leaders, award-winning chief information officers, and other renowned thought leaders. The roundtable covered topics such as blockchain, artificial intelligence, data quality, and cybersecurity.

Aside from his professional pursuits, he is also passionate about youth development. He also engages in science, technology, engineering and mathematics (STEM) initiatives, offering professional development workshops to K-12 students on topics ranging from making the most of collegiate experiences to safe and responsible use of technology. He also provides summer research opportunities for outstanding high school students, mentoring the next generation of cybersecurity professionals.

Decoding Cybersecurity for All

Dr. Dave Chatterjee believes effective cybersecurity involves people as much as technology. He stresses creating an organization’s security-aware culture, starting with clear, straightforward communication.

“Cybersecurity affects every part of an organization,” Dr. Dave Chatterjee states. “We create a shared sense of responsibility and preparedness by explaining complex ideas in relatable ways.”

This philosophy is evident in his roles, including his position as an adjunct associate professor at Duke University and his past work as a professor at The University of Georgia’s Terry College of Business. His skill in explaining technical concepts has made him a popular speaker and advisor across many industries.

The Power of Clear Communication in Cybersecurity

Clear communication in cybersecurity is non-negotiable. As cyber threats become more complex, explaining security concepts clearly and concisely helps organizations better protect themselves.

“Clear communication forms the foundation of a strong cybersecurity strategy,” Dr. Dave Chatterjee emphasizes. “It allows cybersecurity professionals to work with other departments, identify and reduce potential risks, respond well to incidents, and follow regulations and standards.”

This matters especially now, as cybersecurity has become a top priority for company boards. With experts expecting global cybercrime costs to reach $10.5 trillion by 2025, clear explanations of cyber risks and protection strategies help leaders make informed decisions.

Bridging Technology and Human Understanding

Dr. Dave Chatterjee does more than explain technical ideas. He promotes a better grasp of how people factor into cybersecurity, knowing that even the best security systems can fail due to human error or lack of awareness.

His Cybersecurity Readiness Podcast Series has over 70 episodes and listeners in 105 countries. It offers thought-provoking, jargon-free discussions on improving cybersecurity. These discussions cover strategies for individuals, organizations, and nations. This effort shows his advocacy for making cybersecurity knowledge available worldwide.

“The podcast series creates a community where experts, leaders, and practitioners discuss cybersecurity challenges and opportunities,” he notes. “These conversations help build a more informed and resilient digital ecosystem.”

Making Cybersecurity Less Intimidating

With new technologies like artificial intelligence and quantum computing bringing new challenges and possibilities to cybersecurity, concise communication becomes even more critical.

The tech professional continues to adapt his work in this area. A recent USA Today article, “Dave Chatterjee Drops the Cybersecurity Jargon, Encouraging Proactiveness Rather than Reactiveness,” highlights his ongoing effort to make cybersecurity accessible and actionable for everyone.

“The future of cybersecurity depends on our ability to communicate well across all levels of society,” he concludes. “Promoting a shared understanding of cyber risks and best practices creates a more resilient digital world for everyone.”

The battle for digital security requires more than just advanced technology. It demands clear communication. Dr. Dave Chatterjee’s talent for translating cybersecurity concepts into accessible language turns technical knowledge into practical action.

Undeniably, Dr. Dave Chatterjee’s gift for clarity will remain invaluable, helping create a more secure digital future for everyone.