Benefit 1: Accessibility
One of the main benefits claimed for cryptocurrencies is that they are easily accessible by anyone with secure web access.
• Development of cryptocurrencies has reflected all the elements of Smith’s (2001) model of innovative cultures: ease of participation, freedom from external control, and the prospect of social and financial rewards.
• More than 5000 cryptocurrencies on the market – total market valuation estimated > $300 bn (Brown & Smith, 2021)
Benefit 2: Innovation
Easy access to cryptocurrencies has encouraged the development of innovative applications
Examples: BAT tipping; Litecoin ease of use; Sports club cryptocurrencies (Patel, 2021)
Benefit 3: Return on investment
Cryptocurrencies have not yet shown that they can retain or grow their initial value. However, for Bitcoin in particular, investors have been attracted by the promise of significant return on their investment.
• Highest rate of return – 18% (Dasman, 2021)
Risk 1: Volatility
Cryptocurrencies are subject to price volatility due to the combined influence of supply and demand, investor and user sentiments, government regulations and media hype.
• Bitcoin price jump after media promoted Proshare’s introduction of exchange-traded fund (Reiff, 2022).
• Examples of investor speculation and reactive trading impacting particular cryptocurrency price (Van Welle, 2021)
• “The Musk Effect” - how the value of Bitcoin is affected by Elon Musk’s tweets (Lapin, 2021)
Risk 2: Insecurity
Cryptocurrencies have inherent vulnerabilities, creating insecurity that cannot be overcome solely by regulation.
• Cryptocurrency is designed so as not to need gatekeepers such as banks or government – this means there is no third party to undo any harm if a protocol or code turns out to contain bugs (Power, 2021).
• Global crypto exchanges are poorly regulated and vulnerable to political instability and turmoil. This affects investor’s confidence in their ability to translate crypto balances into widely accepted currency. (Blowden, 2021)
Risk 3: Limited liquidity
The high trading volume of cryptocurrencies put strain on a nascent system of global crypto exchanges. Whilst improving volume capacity has helped, a more robust system is required to meet the burgeoning trading demand and improve liquidity.
• The success of cryptocurrency is dependant on the ability to ‘cash out’ to fiat (government issued) currencies via crypto exchanges. These are currently insufficiently regulated and developed, causing confidence and supply issues (Rutherham, 2021).
To be recommended in very limited circumstances
Paragraph plans provide an overview of your essay and provide an effective starting point for structured writing. The next step is using this plan to expand on the points as you write your essay.
In almost all cases, written assignments call for students to explore complex topics or aspects of an area of study. Any academic writing task is an opportunity to show how well you understand a particular topic, theme or area. Usually this means demonstrating how various ideas, knowledge, information or ways of thinking are connected within the context of the task or area of focus.
This means that successful academic writing presents ideas logically, and that there is high connectivity within the writing. In other words, the aim should be for writing to have high flow to help make the connections clear.
Three ways to achieve this include:
Topic sentences, or the leading sentences of a paragraph, play a key role in connecting the ideas of an essay. High-flow topic sentences should look to include three key elements:
Consider the following examples of topic sentences in response to an essay question about Virtue Ethics.
A low-flow topic sentence : Aristotle defined phronesis as practical wisdom.
This sentence does not reference the topic (virtue ethics), nor does it link to an idea from a previous paragraph. It does however, introduce the sub-topic of the paragraph (phronesis).
A high-flow topic sentence: Another fundamental concept in Virtue Ethics is phronesis.
This sentence refers to the essay topic (virtue ethics), acknowledges that this is an additional concept that build on the previous paragraph, and introduces the topic of this paragraph (phronesis).
Well-constructed paragraphs have high connections between sentences. In general sentences that promote flow should:
The following paragraph example can be considered high-flow. It includes sentences that reference the previous sentence ( underlined ), add new information ( maroon ) and use topic words ( green ).
Another fundamental concept in Virtue Ethics is phronesis. According to Aristotle, phronesis is a form of practical wisdom through which individuals make principled decisions in line with virtues such as courage and honesty (reference). Its practical nature means that phronesis can only be developed over a lifetime of carefully considered actions and sober reflection . This practice builds a person’s moral character, allowing them to make morally-defensible choices even in unfamiliar and complex situations (reference). In other words, it is a kind of social and professional skill, which at first requires conscious effort and can still result in mistakes. However, through discipline and persistence, it becomes second nature. As a result, practitioners consistently act wisely and in accordance with the virtues they uphold . Their wise actions further strengthen their own character and contribute to human fulfilment at both individual and community levels (reference).
Transition words help make the relationships and connections between ideas clear. Some examples of helpful transition words and phrases for various types of connections include:
Like X, Y is... Unlike X, Y is... In other words, This means that... For example, For instance, | Moreover, Furthermore, Additionally, Likewise, Similarly, | However, On the other hand, Therefore, As a result, Consequently, Hence, Thus, |
Success Now! workshops are available live online or on campus. Register here for workshops on research and writing . You can also organise an individual consultation here to talk to a learning advisor about planning your assignments.
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1. Keep it real. It’s normal to want to make a good impression on the school of your choice, but it’s also important to show who you really are. So just be yourself! Compelling stories might not be perfectly linear or have a happy ending, and that’s OK. It’s best to be authentic instead of telling schools what you think they want to hear.
2. Be reflective . Think about how you’ve changed during high school. How have you grown and improved? What makes you feel ready for college, and how do you hope to contribute to the campus community and society at large?
3. Look to the future. Consider your reasons for attending college. What do you hope to gain from your education? What about college excites you the most, and what would you like to do after you graduate? Answering these questions will not only give colleges insight into the kind of student you’ll be, but it will also give you the personal insight you’ll need to choose the school that’s right for you.
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Writing the college essay
How do you write a letter to a friend that shows you’re a good candidate for the University of Pennsylvania? What reading list will help the Columbia University admissions committee understand your interdisciplinary interests? How can you convey your desire to attend Yale by inventing a course description for a topic you’re interested in studying?
These are the challenges students must overcome when writing their supplemental essays . Supplemental essays are a critical component of college applications—like the personal statement, they provide students with the opportunity to showcase their authentic voice and perspective beyond the quantitative elements of their applications. However, unlike the personal essay, supplemental essays allow colleges to read students’ responses to targeted prompts and evaluate their candidacy for their specific institution. For this reason, supplemental essay prompts are often abstract, requiring students to get creative, read between the lines, and ditch the traditional essay-writing format when crafting their responses.
While many schools simply want to know “why do you want to attend our school?” others break the mold, inviting students to think outside of the box and answer prompts that are original, head-scratching, or downright weird. This year, the following five colleges pushed students to get creative—if you’re struggling to rise to the challenge, here are some tips for tackling their unique prompts:
University of Chicago
Prompt: We’re all familiar with green-eyed envy or feeling blue, but what about being “caught purple-handed”? Or “tickled orange”? Give an old color-infused expression a new hue and tell us what it represents. – Inspired by Ramsey Bottorff, Class of 2026
What Makes it Unique: No discussion of unique supplemental essay prompts would be complete without mentioning the University of Chicago, a school notorious for its puzzling and original prompts (perhaps the most well-known of these has been the recurring prompt “Find x”). This prompt challenges you to invent a new color-based expression, encouraging both linguistic creativity and a deep dive into the emotional or cultural connotations of color. It’s a prompt that allows you to play with language, think abstractly, and show off your ability to forge connections between concepts that aren’t typically linked—all qualities that likewise demonstrate your preparedness for UChicago’s unique academic environment.
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How to Answer it: While it may be easy to get distracted by the open-ended nature of the prompt, remember that both the substance and structure of your response should give some insight into your personality, perspective, and characteristics. With this in mind, begin by considering the emotions, experiences, or ideas that most resonate with you. Then, use your imagination to consider how a specific color could represent that feeling or concept. Remember that the prompt is ultimately an opportunity to showcase your creativity and original way of looking at the world, so your explanation does not need to be unnecessarily deep or complex—if you have a playful personality, convey your playfulness in your response; if you are known for your sarcasm, consider how you can weave in your biting wit; if you are an amateur poet, consider how you might take inspiration from poetry as you write, or offer a response in the form of a poem.
The goal is to take a familiar concept and turn it into something new and meaningful through a creative lens. Use this essay to showcase your ability to think inventively and to draw surprising connections between language and life.
Harvard University
Prompt: Top 3 things your roommates might like to know about you.
What Makes it Unique: This prompt is unique in both form and substance—first, you only have 150 words to write about all 3 things. Consider using a form other than a traditional essay or short answer response, such as a bullet list or short letter. Additionally, note that the things your roommate might like to learn about you do not necessarily overlap with the things you would traditionally share with an admissions committee. The aim of the prompt is to get to know your quirks and foibles—who are you as a person and a friend? What distinguishes you outside of academics and accolades?
How to Answer it: First and foremost, feel free to get creative with your response to this prompt. While you are producing a supplemental essay and thus a professional piece of writing, the prompt invites you to share more personal qualities, and you should aim to demonstrate your unique characteristics in your own voice. Consider things such as: How would your friends describe you? What funny stories do your parents and siblings share that encapsulate your personality? Or, consider what someone might want to know about living with you: do you snore? Do you have a collection of vintage posters? Are you particularly fastidious? While these may seem like trivial things to mention, the true creativity is in how you connect these qualities to deeper truths about yourself—perhaps your sleepwalking is consistent with your reputation for being the first to raise your hand in class or speak up about a cause you’re passionate about. Perhaps your living conditions are a metaphor for how your brain works—though it looks like a mess to everyone else, you have a place for everything and know exactly where to find it. Whatever qualities you choose, embrace the opportunity to think outside of the box and showcase something that admissions officers won’t learn about anywhere else on your application.
University of Pennsylvania
Prompt: Write a short thank-you note to someone you have not yet thanked and would like to acknowledge.
What Makes it Unique: Breaking from the traditional essay format, this supplement invites you to write directly to a third party in the form of a 150-200 word long letter. The challenge in answering this distinct prompt is to remember that your letter should say as much about you, your unique qualities and what you value as it does about the recipient—all while not seeming overly boastful or contrived.
How to Answer it: As you select a recipient, consider the relationships that have been most formative in your high school experience—writing to someone who has played a large part in your story will allow the admissions committee some insight into your development and the meaningful relationships that guided you on your journey. Once you’ve identified the person, craft a thank-you note that is specific and heartfelt—unlike other essays, this prompt invites you to be sentimental and emotional, as long as doing so would authentically convey your feelings of gratitude. Describe the impact they’ve had on you, what you’ve learned from them, and how their influence has shaped your path. For example, if you’re thanking a teacher, don’t just say they helped you become a better student—explain how their encouragement gave you the confidence to pursue your passions. Keep the tone sincere and personal, avoid clichés and focus on the unique role this person has played in your life.
University of Notre Dame
Prompt: What compliment are you most proud of receiving, and why does it mean so much to you?
What Makes it Unique: This prompt is unique in that it invites students to share something about themselves by reflecting on someone else’s words in 50-100 words.
How to Answer it: The key to answering this prompt is to avoid focusing too much on the complement itself and instead focus on your response to receiving it and why it was so important to you. Note that this prompt is not an opportunity to brag about your achievements, but instead to showcase what truly matters to you. Select a compliment that truly speaks to who you are and what you value. It could be related to your character, work ethic, kindness, creativity, or any other quality that you hold in high regard. The compliment doesn’t have to be grand or come from someone with authority—it could be something small but significant that left a lasting impression on you, or it could have particular meaning for you because it came from someone you didn’t expect it to come from. Be brief in setting the stage and explaining the context of the compliment—what is most important is your reflection on its significance and how it shaped your understanding of yourself.
Stanford University
Prompt: List five things that are important to you.
What Makes it Unique: This prompt’s simplicity is what makes it so challenging. Stanford asks for a list, not an essay, which means you have very limited space (50 words) to convey something meaningful about yourself. Additionally, the prompt does not specify what these “things” must be—they could be a physical item, an idea, a concept, or even a pastime. Whatever you choose, these five items should add depth to your identity, values, and priorities.
How to Answer it: Start by brainstorming what matters most to you—these could be values, activities, people, places, or even abstract concepts. The key is to choose items or concepts that, when considered together, provide a comprehensive snapshot of who you are. For example, you might select something tangible and specific such as “an antique telescope gifted by my grandfather” alongside something conceptual such as “the willingness to admit when you’re wrong.” The beauty of this prompt is that it doesn’t require complex sentences or elaborate explanations—just a clear and honest reflection of what you hold dear. Be thoughtful in your selections, and use this prompt to showcase your creativity and core values.
While the supplemental essays should convey something meaningful about you, your values, and your unique qualifications for the university to which you are applying, the best essays are those that are playful, original, and unexpected. By starting early and taking the time to draft and revise their ideas, students can showcase their authentic personalities and distinguish themselves from other applicants through their supplemental essays.
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He wants his students to "suck the marrow out of life", "to seize the day", and to make their lives "extraordinary". Keating teaches poetry, but his students get a lot more than that - they learn passion, courage, and romance. A group of his students dare to form the Dead Poets Society, a secret organization.
These resources contain advice and guides to help you structure your work: Tips for structuring an essay. A checklist of essay-writing tips. Structure in academic writing. General advice for creating clear, well-structured writing that guides the reader through your argument. You can use these templates to help develop the structure of your essay.
Come up with a thesis. Create an essay outline. Write the introduction. Write the main body, organized into paragraphs. Write the conclusion. Evaluate the overall organization. Revise the content of each paragraph. Proofread your essay or use a Grammar Checker for language errors. Use a plagiarism checker.
A PDF providing further guidance on writing science essays for tutorials is available to download.. Short videos to support your essay writing skills. There are many other resources at Oxford that can help support your essay writing skills and if you are short on time, the Oxford Study Skills Centre has produced a number of short (2-minute) videos covering different aspects of essay writing ...
The writer of the academic essay aims to persuade readers of an idea based on evidence. The beginning of the essay is a crucial first step in this process. In order to engage readers and establish your authority, the beginning of your essay has to accomplish certain business. Your beginning should introduce the essay, focus it, and orient ...
Step 1: Hook your reader. Step 2: Give background information. Step 3: Present your thesis statement. Step 4: Map your essay's structure. Step 5: Check and revise. More examples of essay introductions. Other interesting articles. Frequently asked questions about the essay introduction.
Step 2: Pick one of the things you wrote down, flip your paper over, and write it at the top of your paper, like this: This is your thread, or a potential thread. Step 3: Underneath what you wrote down, name 5-6 values you could connect to this. These will serve as the beads of your essay.
Sample College Essay 2 with Feedback. This content is licensed by Khan Academy and is available for free at www.khanacademy.org. College essays are an important part of your college application and give you the chance to show colleges and universities your personality. This guide will give you tips on how to write an effective college essay.
Don't Repeat. If you've mentioned an activity, story, or anecdote in some other part of your application, don't repeat it again in your essay. Your essay should tell college admissions officers something new. Whatever you write in your essay should be in philosophical alignment with the rest of your application.
Making an all-state team → outstanding achievement. Making an all-state team → counting the cost of saying "no" to other interests. Making a friend out of an enemy → finding common ground, forgiveness. Making a friend out of an enemy → confront toxic thinking and behavior in yourself.
Follow these tips to write an impactful essay that can work in your favor. 1. Start Early. Few people write well under pressure. Try to complete your first draft a few weeks before you have to turn it in. Many advisers recommend starting as early as the summer before your senior year in high school.
2. Define your argument. As you plan and prepare to write the essay, you must consider what your argument is going to be. This means taking an informed position or point of view on the topic presented in the question, then defining and presenting a specific argument. Consider these two argument statements:
Use your essays to empower your chances of acceptance, merit money, and scholarships.". This college essay tip is by Dr. Rebecca Joseph, professor at California State University and founder of All College Application Essays, develops tools for making the college essay process faster and easier. 15. Get personal.
Possible steps (In no strict order) Research the topic. Use books, journals and other credible academic sources for support and evidence. Take notes from your readings. Write an essay plan and organise your ideas. Write a first draft to include your introduction, body and conclusion. Set the draft aside for a day or two, then re-read and make ...
Use transitions between paragraphs. In order to improve the readability of your essay, try and make clear transitions between paragraphs. This means trying to relate the end of one paragraph to the beginning of the next one so the shift doesn't seem random. Integrate your research thoughtfully.
This college essay tip is by Abigail McFee, Admissions Counselor for Tufts University and Tufts '17 graduate. 2. Write like a journalist. "Don't bury the lede!" The first few sentences must capture the reader's attention, provide a gist of the story, and give a sense of where the essay is heading.
Conclusion. You are ready to write an essay after you have done these steps: Identified all the components that you must cover so that you address the essay question or prompt. Conducted your initial research and decided on your tentative position and line of argument. Created a preliminary outline for your essay that presents the information ...
Don't summarize. Avoid explicitly stating the point of your essay. It's far less effective when you spell it out for someone. Delete every single "That's when I realized," "I learned," and "The most important lesson was...". It's unnecessary, unconvincing, and takes the reader out of the moment.
Having a paragraph plan is an effective way to map out your essay and ensure that you address the key points of the essay in detail - especially for longer forms of essays and academic writing that students engage with at university. An basic paragraph plan would generally contain: The thesis statement (for an essay)
College essay example #1. This is a college essay that worked for Harvard University. (Suggested reading: How to Get Into Harvard Undergrad) This past summer, I had the privilege of participating in the University of Notre Dame's Research Experience for Undergraduates (REU) program .
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Writing the personal essay for your college application can be tough, but we're here to help. Sometimes the hardest part is just getting started, but the sooner you begin, the more time and thought you can put into an essay that stands out. Check out some tips: 1. Keep it real.
As noted in the introduction, this guide is a very general formula for writing essays. The goal—and the goal of university education in general—is for you to develop your own methods, strategies, and style. In writing, follow the guidelines, but do not be formulaic. Originality, creativity, and personal style are not crimes if done well.
This workshop focuses on how to tackle essays with tips on structure, writing good paragraphs, using evidence, and writing great introductions and conclusions. ... Virtual library service La Trobe University Level 2, 360 Collins Street, Melbourne, Victoria 3000 (+61 3) 9479 2922. [email protected]. Emergency information; Child Safety;
For many, getting started is the hardest part of anything. And that's understandable. First, because it turns whatever you're doing into a reality, which raises the stakes. Second, because where you start can easily dictate the quality of where you end up. College essays have their own special brand of DTDT.
Some Application Essay Subgenres 1. The narrative of development 2. The narrative of overcoming adversity 3. The defining moment or anecdote 4. The defining activity •Can be used in combination with one another •Need to be made unique to you
The application essay is your opportunity to impress an admissions officer with your determination and existing knowledge of your chosen subject. Make sure it reflects all of your skills and ambitions, and show how your chosen program will help you achieve future goals. 4. Avoid clichés.
While the supplemental essays should convey something meaningful about you, your values, and your unique qualifications for the university to which you are applying, the best essays are those that ...
SAMPLE 2: Students who learn how to write well will earn better grades in most classes. This is true because most instructors assign a variety of written assignments and, depending on the class, these assignments often account for a large percentage of a student's final grade. For instance, one study done in the United States found that 90% of all college students seeking a degree will be ...
Essay writing solutions can help you with your essay writing job. Such writing is not straightforward and also the need for understanding changes from person to person. The subject topics in the respective topics are extremely varied and require various kinds of writing ability from the writer. Despite the fact that we have experienced writers...