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.
Purdue Online Writing Lab Purdue OWL® College of Liberal Arts
This page is brought to you by the OWL at Purdue University. When printing this page, you must include the entire legal notice.
Copyright ©1995-2018 by The Writing Lab & The OWL at Purdue and Purdue University. All rights reserved. This material may not be published, reproduced, broadcast, rewritten, or redistributed without permission. Use of this site constitutes acceptance of our terms and conditions of fair use.
This resource begins with a general description of essay writing and moves to a discussion of common essay genres students may encounter across the curriculum. The four genres of essays (description, narration, exposition, and argumentation) are common paper assignments you may encounter in your writing classes. Although these genres, also known as the modes of discourse, have been criticized by some composition scholars, the Purdue OWL recognizes the wide spread use of these genres and students’ need to understand and produce these types of essays. We hope these resources will help.
The essay is a commonly assigned form of writing that every student will encounter while in academia. Therefore, it is wise for the student to become capable and comfortable with this type of writing early on in her training.
Essays can be a rewarding and challenging type of writing and are often assigned either to be done in class, which requires previous planning and practice (and a bit of creativity) on the part of the student, or as homework, which likewise demands a certain amount of preparation. Many poorly crafted essays have been produced on account of a lack of preparation and confidence. However, students can avoid the discomfort often associated with essay writing by understanding some common genres.
Before delving into its various genres, let’s begin with a basic definition of the essay.
Though the word essay has come to be understood as a type of writing in Modern English, its origins provide us with some useful insights. The word comes into the English language through the French influence on Middle English; tracing it back further, we find that the French form of the word comes from the Latin verb exigere , which means "to examine, test, or (literally) to drive out." Through the excavation of this ancient word, we are able to unearth the essence of the academic essay: to encourage students to test or examine their ideas concerning a particular topic.
Essays are shorter pieces of writing that often require the student to hone a number of skills such as close reading, analysis, comparison and contrast, persuasion, conciseness, clarity, and exposition. As is evidenced by this list of attributes, there is much to be gained by the student who strives to succeed at essay writing.
The purpose of an essay is to encourage students to develop ideas and concepts in their writing with the direction of little more than their own thoughts (it may be helpful to view the essay as the converse of a research paper). Therefore, essays are (by nature) concise and require clarity in purpose and direction. This means that there is no room for the student’s thoughts to wander or stray from his or her purpose; the writing must be deliberate and interesting.
This handout should help students become familiar and comfortable with the process of essay composition through the introduction of some common essay genres.
This handout includes a brief introduction to the following genres of essay writing:
As you were browsing something about your browser made us think you were a bot. There are a few reasons this might happen:
To regain access, please make sure that cookies and JavaScript are enabled before reloading the page.
Follow us online to find out when we launch., spotify gives you instant access to millions of songs – from old favorites to the latest hits. just hit play to stream anything you like..
Spotify works on your computer, mobile, tablet and TV.
No ads. No interruptions. Just music.
Keep playing, even when you don't have a connection.
Get ready for incredible sound quality.
What is the structure of an essay.
The structure of an essay is divided into an introduction that presents your topic and thesis statement , a body containing your in-depth analysis and arguments, and a conclusion wrapping up your ideas.
The structure of the body is flexible, but you should always spend some time thinking about how you can organize your essay to best serve your ideas.
For a stronger conclusion paragraph, avoid including:
Your conclusion should leave the reader with a strong, decisive impression of your work.
Your essay’s conclusion should contain:
The conclusion may also reflect on the broader implications of your argument, showing how your ideas could applied to other contexts or debates.
The conclusion paragraph of an essay is usually shorter than the introduction . As a rule, it shouldn’t take up more than 10–15% of the text.
An essay is a focused piece of writing that explains, argues, describes, or narrates.
In high school, you may have to write many different types of essays to develop your writing skills.
Academic essays at college level are usually argumentative : you develop a clear thesis about your topic and make a case for your position using evidence, analysis and interpretation.
The “hook” is the first sentence of your essay introduction . It should lead the reader into your essay, giving a sense of why it’s interesting.
To write a good hook, avoid overly broad statements or long, dense sentences. Try to start with something clear, concise and catchy that will spark your reader’s curiosity.
Your essay introduction should include three main things, in this order:
The length of each part depends on the length and complexity of your essay .
Let’s say you’re writing a five-paragraph essay about the environmental impacts of dietary choices. Here are three examples of topic sentences you could use for each of the three body paragraphs :
Each of these sentences expresses one main idea – by listing them in order, we can see the overall structure of the essay at a glance. Each paragraph will expand on the topic sentence with relevant detail, evidence, and arguments.
The topic sentence usually comes at the very start of the paragraph .
However, sometimes you might start with a transition sentence to summarize what was discussed in previous paragraphs, followed by the topic sentence that expresses the focus of the current paragraph.
Topic sentences help keep your writing focused and guide the reader through your argument.
In an essay or paper , each paragraph should focus on a single idea. By stating the main idea in the topic sentence, you clarify what the paragraph is about for both yourself and your reader.
A topic sentence is a sentence that expresses the main point of a paragraph . Everything else in the paragraph should relate to the topic sentence.
The thesis statement is essential in any academic essay or research paper for two main reasons:
Without a clear thesis statement, an essay can end up rambling and unfocused, leaving your reader unsure of exactly what you want to say.
The thesis statement should be placed at the end of your essay introduction .
Follow these four steps to come up with a thesis statement :
A thesis statement is a sentence that sums up the central point of your paper or essay . Everything else you write should relate to this key idea.
An essay isn’t just a loose collection of facts and ideas. Instead, it should be centered on an overarching argument (summarized in your thesis statement ) that every part of the essay relates to.
The way you structure your essay is crucial to presenting your argument coherently. A well-structured essay helps your reader follow the logic of your ideas and understand your overall point.
The vast majority of essays written at university are some sort of argumentative essay . Almost all academic writing involves building up an argument, though other types of essay might be assigned in composition classes.
Essays can present arguments about all kinds of different topics. For example:
At high school and in composition classes at university, you’ll often be told to write a specific type of essay , but you might also just be given prompts.
Look for keywords in these prompts that suggest a certain approach: The word “explain” suggests you should write an expository essay , while the word “describe” implies a descriptive essay . An argumentative essay might be prompted with the word “assess” or “argue.”
In rhetorical analysis , a claim is something the author wants the audience to believe. A support is the evidence or appeal they use to convince the reader to believe the claim. A warrant is the (often implicit) assumption that links the support with the claim.
Logos appeals to the audience’s reason, building up logical arguments . Ethos appeals to the speaker’s status or authority, making the audience more likely to trust them. Pathos appeals to the emotions, trying to make the audience feel angry or sympathetic, for example.
Collectively, these three appeals are sometimes called the rhetorical triangle . They are central to rhetorical analysis , though a piece of rhetoric might not necessarily use all of them.
The term “text” in a rhetorical analysis essay refers to whatever object you’re analyzing. It’s frequently a piece of writing or a speech, but it doesn’t have to be. For example, you could also treat an advertisement or political cartoon as a text.
The goal of a rhetorical analysis is to explain the effect a piece of writing or oratory has on its audience, how successful it is, and the devices and appeals it uses to achieve its goals.
Unlike a standard argumentative essay , it’s less about taking a position on the arguments presented, and more about exploring how they are constructed.
You should try to follow your outline as you write your essay . However, if your ideas change or it becomes clear that your structure could be better, it’s okay to depart from your essay outline . Just make sure you know why you’re doing so.
If you have to hand in your essay outline , you may be given specific guidelines stating whether you have to use full sentences. If you’re not sure, ask your supervisor.
When writing an essay outline for yourself, the choice is yours. Some students find it helpful to write out their ideas in full sentences, while others prefer to summarize them in short phrases.
You will sometimes be asked to hand in an essay outline before you start writing your essay . Your supervisor wants to see that you have a clear idea of your structure so that writing will go smoothly.
Even when you do not have to hand it in, writing an essay outline is an important part of the writing process . It’s a good idea to write one (as informally as you like) to clarify your structure for yourself whenever you are working on an essay.
Comparisons in essays are generally structured in one of two ways:
It’s also possible to combine both methods, for example by writing a full paragraph on each of your topics and then a final paragraph contrasting the two according to a specific metric.
Your subjects might be very different or quite similar, but it’s important that there be meaningful grounds for comparison . You can probably describe many differences between a cat and a bicycle, but there isn’t really any connection between them to justify the comparison.
You’ll have to write a thesis statement explaining the central point you want to make in your essay , so be sure to know in advance what connects your subjects and makes them worth comparing.
Some essay prompts include the keywords “compare” and/or “contrast.” In these cases, an essay structured around comparing and contrasting is the appropriate response.
Comparing and contrasting is also a useful approach in all kinds of academic writing : You might compare different studies in a literature review , weigh up different arguments in an argumentative essay , or consider different theoretical approaches in a theoretical framework .
The key difference is that a narrative essay is designed to tell a complete story, while a descriptive essay is meant to convey an intense description of a particular place, object, or concept.
Narrative and descriptive essays both allow you to write more personally and creatively than other kinds of essays , and similar writing skills can apply to both.
If you’re not given a specific prompt for your descriptive essay , think about places and objects you know well, that you can think of interesting ways to describe, or that have strong personal significance for you.
The best kind of object for a descriptive essay is one specific enough that you can describe its particular features in detail—don’t choose something too vague or general.
If you’re not given much guidance on what your narrative essay should be about, consider the context and scope of the assignment. What kind of story is relevant, interesting, and possible to tell within the word count?
The best kind of story for a narrative essay is one you can use to reflect on a particular theme or lesson, or that takes a surprising turn somewhere along the way.
Don’t worry too much if your topic seems unoriginal. The point of a narrative essay is how you tell the story and the point you make with it, not the subject of the story itself.
Narrative essays are usually assigned as writing exercises at high school or in university composition classes. They may also form part of a university application.
When you are prompted to tell a story about your own life or experiences, a narrative essay is usually the right response.
The majority of the essays written at university are some sort of argumentative essay . Unless otherwise specified, you can assume that the goal of any essay you’re asked to write is argumentative: To convince the reader of your position using evidence and reasoning.
In composition classes you might be given assignments that specifically test your ability to write an argumentative essay. Look out for prompts including instructions like “argue,” “assess,” or “discuss” to see if this is the goal.
At college level, you must properly cite your sources in all essays , research papers , and other academic texts (except exams and in-class exercises).
Add a citation whenever you quote , paraphrase , or summarize information or ideas from a source. You should also give full source details in a bibliography or reference list at the end of your text.
The exact format of your citations depends on which citation style you are instructed to use. The most common styles are APA , MLA , and Chicago .
An argumentative essay tends to be a longer essay involving independent research, and aims to make an original argument about a topic. Its thesis statement makes a contentious claim that must be supported in an objective, evidence-based way.
An expository essay also aims to be objective, but it doesn’t have to make an original argument. Rather, it aims to explain something (e.g., a process or idea) in a clear, concise way. Expository essays are often shorter assignments and rely less on research.
An expository essay is a common assignment in high-school and university composition classes. It might be assigned as coursework, in class, or as part of an exam.
Sometimes you might not be told explicitly to write an expository essay. Look out for prompts containing keywords like “explain” and “define.” An expository essay is usually the right response to these prompts.
An expository essay is a broad form that varies in length according to the scope of the assignment.
Expository essays are often assigned as a writing exercise or as part of an exam, in which case a five-paragraph essay of around 800 words may be appropriate.
You’ll usually be given guidelines regarding length; if you’re not sure, ask.
Want to contact us directly? No problem. We are always here for you.
Our team helps students graduate by offering:
Scribbr specializes in editing study-related documents . We proofread:
Scribbr’s Plagiarism Checker is powered by elements of Turnitin’s Similarity Checker , namely the plagiarism detection software and the Internet Archive and Premium Scholarly Publications content databases .
The add-on AI detector is powered by Scribbr’s proprietary software.
The Scribbr Citation Generator is developed using the open-source Citation Style Language (CSL) project and Frank Bennett’s citeproc-js . It’s the same technology used by dozens of other popular citation tools, including Mendeley and Zotero.
You can find all the citation styles and locales used in the Scribbr Citation Generator in our publicly accessible repository on Github .
COMMENTS
Learn the basics of essay structure and how to organize information within the body. Find useful templates and examples for chronological, compare-and-contrast, and problems-methods-solutions approaches.
Learn how to build a rock-solid essay with our tips on the main parts of an essay, how many paragraphs should be in an essay, and essay structure examples.
This example guides you through the structure of an essay. It shows how to build an effective introduction, focused paragraphs, clear transitions between ideas, and a strong conclusion.
Learn how to write an effective essay outline with clear guidelines and examples, and improve your argument and structure in academic writing.
If you are used to writing essays that are similar to the five-paragraph essay (one claim and then three points that support that claim), it can be daunting to think about how to structure your ideas in a longer essay.
Learn how to find an essay topic, structure your college essay, and how to write and revise a college essay all in our best essay writing guide.
Tips for Organizing Your Essay If you are used to writing essays that are similar to the five-paragraph essay (one claim and then three points that support that claim), it can be daunting to think about how to structure your ideas in a longer essay.
Learn tips for how to structure and go through the process of writing an essay that'll wow, whether a persuasive essay, college admissions essay, or thesis.
Strategies for Essay Writing Strategies for Essay Writing Tips for Reading an Assignment Prompt Asking Analytical Questions Thesis Introductions What Do Introductions Across the Disciplines Have in Common? Anatomy of a Body Paragraph Transitions Tips for Organizing Your Essay Counterargument Conclusions Strategies for Essay Writing ...
Need help writing an essay? Our essay guide has you covered! Discover resources and tools designed to help you write essays that make the grade.
What are the 5 parts of an essay? Explore how the introduction, body paragraphs, and conclusion parts of an essay work together.
The paragraphs that make up any essay fall into three categories: introduction, body, and conclusion. See details on what should be included in these parts of an academic essay below and/or within our Basic Essay Structure Infographic . Introduction. is the first paragraph of an academic paper.
To write a strong essay, you need an introduction, a main body organized into paragraphs, and a conclusion. See how it's done with examples.
Writing a well-structured essay is like building a house: you need a solid foundation, sturdy walls, and a roof to complete it. A well-organized essay.
Most essays follow a similar structure, including an introduction, body paragraphs, and a conclusion, as shown in the diagram below.
In essay writing, an appropriate and effective essay structure is critical. Students often lose valuable marks by failing to structure their essays clearly.
Unlock the art of essay writing in English. Read expert guidance on crafting engaging essays, mastering structure, coherence, and creating impactful introductions.
Most academic writing at university will require you to argue a position. This means including a thesis statement upfront in the first paragraph that concisely states the central argument and purpose of the essay.
There are no set rules for how to structure a college application essay, but you should carefully plan and outline to make sure your essay flows smoothly and logically. Typical structural choices include. a series of vignettes with a common theme. a single story that demonstrates your positive qualities. Although many structures can work, there ...
Essay Writing This resource begins with a general description of essay writing and moves to a discussion of common essay genres students may encounter across the curriculum. The four genres of essays (description, narration, exposition, and argumentation) are common paper assignments you may encounter in your writing classes.
When writing a narrative essay, it is essential to have a proper structure of the outline. This foundation helps your story make sense, and keep the readers engaged from the beginning to the end. When you are following the outline for narrative essay, you can easily plan your ideas, create characters, and even construct conflict.
Week 2 Writing Notebook Essay Structure Activity Each week, you will have an opportunity to practice different aspects of the writing process in a writing notebook. It consists of a template you will fill out and submit in Canvas. In addition to introducing and practicing targeted components of the writing process, these notebooks are meant to help you to determine your own strengths and to ...
The writing process looks different for everyone, but there are five basic steps that will help you structure your time when writing any kind of text.
Episode · IELTS Podcast · Get Ideas for IELTS Task 2 Struggling with generating ideas for IELTS Writing Task 2 can be daunting for many candidates. This essential component of the IELTS exam, which tests your ability to express complex thoughts and arguments in English, often determines your score and ultimately, your future opportunities. The challenge lies not only in writing well but also ...
The structure of an essay is divided into an introduction that presents your topic and thesis statement, a body containing your in-depth analysis and arguments, and a conclusion wrapping up your ideas. The structure of the body is flexible, but you should always spend some time thinking about how you can organize your essay to best serve your ...