Some the things I learned :
It is a bit difficult to define what an Analyst is, but basically an analyst is someone who gives guidance to businesses on financial and business decisions. Analysts identify areas of improvement and create a recommended plans.
There are different types of analysts but there are two roles, two main types that fit the majority of people who work as analysts.
The two main types are:
1- Business Analyst
2- Data Analyst
Most of the people who works as analyst fits one of those two categories.
The business analyst is the one who analyzes the business roles, he speaks to the different people within an organization and finds out what they are doing, what they are trying to achieve, what they need to achieve and then starts to talk with other peoples and goes role by role throughout the company. And they do the research to see if the way the company is doing things is the best for the business, basically there is to ensure business efficiency increases through their knowledge of both IT and business function.
Data analysts are very similar to business analysts but the information they get is not by speaking to people but rather crunching data numbers like how many sales the company had, how many customers the company had, the difference in sales between years, etc… Basically their role is to gather and interpret data in order to solve a specific problem.
Today I completed the assignment for the unit called Video Editor and today I made a video and I was able to put into practice what I learned from that unit.
Today I completed the assignment for the Writing unit, so today I learned a lot of different things about Techie Youth that I didn't know before, like; Techie Youth has worldwide programs and it has different programs in different states of the U.S, etc... today I learned different things about Techie Youth including the causes that Techie Youth aims to help and the positive effects that Techie Youth can have in the lives of many people.
Some of the things I learned today:
To be a Writer you need to know how to write well in your native language although you can use Grammarly to help you.
Grammarly is a cloud-based writing assistant that checks for mistakes in spelling, grammar, punctuation, etc, and helps you correct those mistakes using artificial intelligence to identify and search for an appropriate replacement for the error it locates. Grammarly is even used by writers, to improve the quality of their product, and the best thing is that Grammarly is free and can even be used on the phone.
Also in order to make profit as a writer you need to be a quick writer because the faster you write the more money you make but you always have to try to keep the level of quality up.
To keep in mind, writing is not the most profitable thing because writing does not usually make a lot of money. But the good thing of being a writer is the flexibility that you can have.
Also they are a lot of ways you can make money as writer, ex:
Magazine writing, ebooks, blog writer, etcc
Some of the things I learned today:
Web development is up n coming for about 27 years, it's an industry that keeps going up and progressing, there is constantly people hiring web developers everywhere and it's something that you can do entirely remotely.
Web development is a highly demanded area these days and that area also has a good salary. In some cases it is possible to make 6 figures working as a web developer.
One of the requirements that you need to be a web developer : You have to enjoy sitting in a computer all day because as a web developer you will spend almost all your time at your job sitting in front of a computer.
This can be a disadvantage if you are the type of person who doesn't like that.
As a web developer sometimes you will have a job with a schedule but sometimes you can have a job in which they will give you a project with a specific deadline and with that type of job you can have your own daily schedule.
As a web developer you have to be a learner because web development is a constant learning process that keeps progressing and changing in many ways with the time.
So if you enjoy playing and learning with new technology, web development is a great role.
Also Web development has many different roles that you can choose like : Backend developer, frontend developer, project manager, etc…
Some of the things I learned today :
I didn't know the real meaning of the internet but actually the internet is a bunch of computers spread all around the world that communicate with each other using a language called TCP/IP.
The first browser came out in 1990 and it was called WWW.
The web has changed a lot since the first browser was created but the basics remain the same in terms of Request and Respond. When you browse a website your computer makes a request to the server and it receives a response from the server. For example when you go to Facebook you're making a request to the server asking for the facebook page and the server sends you back a response which contains the files, the HTML, CSS files and the images of that Facebook page and then you enter your login and that get send again to the server as another request and if your login is correct then you get a response back and that's the page it shows your profile but if your password is wrong you will get a response from the server saying that your password is wrong.
Websites are written using HTML, with the aesthetic formatting of the design defined in CSS.
With HTML and CSS you can build a full website but JavaScript is for adding functionality to the website.
Visual Studio Code is one the best web development tools that is free.
A Domain name is the address to your website.
Every website has an IP Address, An IP Address is a series of random numbers that identifies any device on a network.
IP = Internet Protocol Address
An Example of an IP address is : 117.378.795
When you purchase a domain name it gives that IP address a simple easy to remember name that anyone can type in and get to your website, this is because it would be really difficult to remember random numbers every time you want to go to a specific website.
Databases are used to store the data from your website
SQL is a language that communicates with databases that store your data.
If you want to pull, edit, add information to your database you can use the language of SQL to do that.
Web design refers to the creation of the aesthetic portion of the website and its usability. Basically the role of a web designer is to work on the appearance, layout, and, in some cases, content of a website.
Web development is the practice of producing HTML, CSS and JavaScript for a website or web application so that a user can see and interact with them directly. Basically it's the work that happens behind the scenes to make a website look great, work fast and perform well with a seamless user experience.
Python is currently the most in-demand language in web development.
The Python programming language can be used to create a huge variety of different types of things, including websites.
Python is more similar to English than other programming languages.
Many big companies use (or have used) Python for their products/services.
Some of the Things I learned:
Google Analytics is the most-popular free web analytics service. Google Analytics is a tool that allows you to track and analyze your website traffic/visitors.
Google Analytics is a good tool for anyone interested in growing their website with digital marketing.
Google Analytics gives you access to a lot of things; it allows you to see how many visitors you're getting to your website and where they are coming from, ex: Google, youtube, facebook,etc… it also allows you to know how much time the visitor is spending on your website, which pages are they clicking on, also including their age, gender, country, etc..
You don't necessary need to know any coding to use Google Analytics.
Google Analytics allows you to see a lot of information that can be useful to grow your website and to know what is best for you and your website.
You can also put ads that generate money.
Today doing the assignment of Stocks, Cryptocurrencies & Other Types of Online Trading I put into practice reading the stock charts, that helped me to have an idea and to be able to make a prediction of what will happen with that stock in the next few days.
Some of the things I learned:
Wordpress was created in 2003 and since then it has become one of the most popular website publishing programs in the world.
If you are thinking of creating your own page or blog, Wordpress is one of the best options. Wordpress has many themes and many options which allow you to modify and decorate your page to your liking.
You do not need to code in Wordpress because when you make a change the system changes the code on its own.
WordPress allows anyone to download and use it. The source code is freely available for anyone to study, use, modify, and build upon also is the most-popular free content management system (CMS) used to build and maintain websites, and nearly every website that has many people contributing content uses some kind of CMS to manage the data, and to provide a user-friendly interface to add and edit website content because having your website content managed within a CMS typically minimizes any technical skills required of the person who adds content.
Wordpress powers around 30% of the entire internet.
Some of things I learned :
Important things I learned that I think we should know before investing in Stocks and Cryptos .
Before investing we have to take into account that risks and scams can be part of the process, so we have to be careful at all times.
Never invest more money than you are ready to lose .But it all depends on the person. For some people this means starting with an investment of just $10 or $5 while others may be comfortable with the risk of losing much larger amounts.
Invest for facts, not for emotions. Investing in emotions can lead to a great loss.
Only buy Stocks and Cryptos that you understand and have knowledge of.
When you see a great opportunity, take it.
You have to keep in mind that when investing in Stocks and Cryptocurrencies you can earn money but you lose a lot of money too.
Knowing how to read stock charts is key to being able to know when to buy or sell a stock.
Some of the things I learned today :
A Commodity is any good sold in its purest form – meaning it has not been altered or reformulated into another product. Examples of commodities include oil, livestock, grain, precious metals, natural gas, or electricity, etc...
Recently the definition has expanded to include financial products such as foreign currencies and indexes. Technological advances have also led to new types of commodities being exchanged in the marketplace
Commodities are most often used as inputs in the production of other goods or services
Commodities can be bought and sold on specialized exchanges as financial assets. And Commodity prices are ultimately determined by supply and demand. For example, a booming economy might lead to increased demand for oil and other energy commodities.
There are different types of commodities: Hard commodities are usually classified as those that are mined or extracted from the earth. These can include metals, ore, and petroleum (energy) products. Soft commodities instead refer to those that are grown, such as agricultural products. These include wheat, cotton, coffee, sugar, and soybeans, among others.
Some of the Things I learned Today :
Forex, abbreviated as FX, stands for Foreign Exchange. So when People talk about trading Forex, they mean selling or buying the currency of a particular country, relative to another currency.
Forex exists so that large amounts of one currency can be exchanged for the equivalent value in another currency at the current market rate.
The Forex market is the largest, most liquid market in the world by trading volume, with trillions of dollars changing hands every day and is open 24 hours a day, five days a week, except for holidays. This means that you can buy or sell currencies at virtually any hour.
The largest foreign exchange markets are located in major global financial centers including London, New York, Singapore, Tokyo, Frankfurt, Hong Kong, and Sydney.
In the past, forex trading was largely limited to governments, large companies, and hedge funds, but now anyone can trade on forex. Many investment firms, banks, and retail brokers allow individuals to open accounts and trade currencies.
As the Forex market is one of the largest there are many scams, so you always have to be careful.
Some of the things I learned today :
I learned that cryptocurrencies, also known as crypto, are essentially virtual money that has its own exchange rate. Cryptocurrencies are not physical money like bills or coins that you can touch with your hands. Instead they are stored on the internet. And the safest way to store your cryptocurrencies would be in a software application called Wallet that allows you to see your balance and send or receive cryptocurrencies.
Cryptocurrencies are traded constantly 24/7 without any set market hours, so you can earn or lose money at any hour. Cryptocurrencies are among the most-volatile and unpredictable assets to trade, as they can frequently shift value up or down by large amounts.
One of the things that makes cryptocurrencies different from physical currencies like the dollar is that they have no central authority issuing them, making them potentially impervious to government intervention or manipulation.
There are many different cryptocurrencies but Bitcoin is the most popular.
Many cryptocurrencies are built on blockchain technology. Blockchain can be defined as a chain of blocks that contains information and the goal of blockchain is to allow digital information to be recorded and distributed, but not edited.
Cryptocurrency is formed through a process known as mining. Mining is the process by which new bitcoins are entered into circulation
One of the advantages of Cryptocurrencies is that they can always be purchased in fractions of a coin, allowing you to invest any amount of money regardless of the coin price.
Cryptocurrencies are most-typically purchased and traded on exchanges.
And If you are looking to trade and invest in cryptocurrencies, you can do so using the Robinhood app, which is totally free, but one disadvantage of the app is that it only supports very popular cryptocurrencies.
Each sale of cryptocurrency is a transaction, regardless of how many coins were sold in that transaction. Each transaction gets recorded in the blockchain, and there is a small fee paid to the "miners" who handle this.
Cryptocurrency exchanges are vulnerable to cyber attacks that can cause your investment to be lost forever – and you have to be careful because scams are always a possibility with cryptocurrencies. Scammers frequently use social media platforms to trick consumers, so we have to be very careful.
I learned that a stock market is a market where you can buy and sell shares during certain hours of the day and the trading hours are generally carried out from Monday to Friday business hours, although it can vary depending on the day.
I learned that there are many different markets in which stocks are traded, and the name of the two most common markets are New York Stock Exchange (NYSE) and Nasdaq.
I also learned about stock charts. A stock chart is a graph that shows you the price of a stock over a specific period of time, and knowing how to read stock charts is key to being able to know when to buy or sell a stock. Although stock charts don't tell you which stocks to buy they can help you decide if it's a good time to buy or sell those stocks.
Also in the stock chart we can see many things, for example if we choose a specific stock in its daily chart we can see: The highest price that it reached that day, the lowest price that it reached that day, the current value, the number of exchanges made that day, etc..
I also learned about an app that I had heard of before and the app is RobinHood. RobinHood is an app where you can invest and trade stocks in an easy way. And in addition to being easy to use, a great advantage of using RobinHood is that it allows users the freedom to complete a transaction without paying a processing fee, which makes stock trading cheaper.
Although before using it must be taken into account the risks that it may bring.
Some of Things I learned today :
I learned that some important principles that we have to keep in mind when investing are:
1- Invest for facts, not for emotions.
2- Only buy stocks that you understand.
3- When you see a great opportunity, take it.
I learned that a stock is a type of investment that represents an ownership share in a company.
And that the objective is to buy shares of companies that you think will increase in value over time so that you can make a profit. Most of the time the profits are 10 or 15% more than what you invested although sometimes it can be more depending on. But you have to keep in mind
that when investing in Stocks and Cryptocurrencies you can earn money but you can lose a lot of money too.
I also learned that cryptocurrencies are virtual money which can increase in value over time.
I did not know that there were different types of stocks but I learned that there were, and two of them are called Common Stock and Preferred Stock. And if you are new to investing in stocks and looking to buy some shares, it is better to invest in Common Stock which as its name says is the most common type of stock in which you own a share in the profits of the company as well as the right to vote.