December 2017 was a missed opportunity for hodlers as well as the crypto-market in general. Hodlers could act responsibly in December 2017 and be rewarded for their actions. Instead they’ve chosen to be greedy. They’ve lost the opportunity to profit and to contribute to the stability of the crypto-market. By hodlers, I don’t mean the […]
No this post isn’t about Criminals, Drug Dealers, or Terrorists. The most common argument against Bitcoin is that it is used by criminals, drug dealers, and terrorists. Well, guess what? The US Dollar is also used by these groups. Shall we ban all cash? While we are at it, we should go ahead and ban […]
Holidays have been just over and I had some great time with family and friends. I met an old friend in my hometown and most of our conversation was focused on cryptocurrencies. At a certain moment, my friend started to explain his technical analysis on Bitcoin and Bitcoin Cash. My old friend told me to […]
Most of the beginner investors have intuitive assumptions that don’t match the reality of the markets. These intuitive assumptions are part of human nature. We need to let go of these assumptions to improve our results as investors. 1. A good investor must know which asset is going to appreciate or depreciate the most. It’s […]
One of the beginner’s mistakes in investing is to go all-in on a single asset, in a single transaction. The assumption behind this practice is that “an investor must be able to predict which asset will bring the most profits.” Millions of investors experience over and over that this is not the case. The best […]
It’s impossible to find the perfect time to buy or sell an asset. You might think that the price of an asset is already too low, but it can always go lower. The same is true for the opposite direction. When should we invest then? When we start investing for the first time, we look […]
Beginners are prone to the hindsight bias when it comes to investing. They look at historical price charts and they think that they can spot which asset will move the most. As a result, they believe that the best strategy is to go all-in on an asset. Experience shows us that this is not the […]
If you plan to retire sometime in the future, you must start saving and investing as soon as possible. The first few years in investing is spent with learning and gaining experience. That means, you will make some mistakes and lose money. The best way to minimize losses is to start small and start virtual. […]
When I was in college, I lost a lot of money in stocks. Luckily all of it was in stock exchange simulations. Saving and investing is a crucial life skill, if you are expected to reach the age of retirement. Retirement might seem far away, but the earlier you start to save and invest, the […]
I learned about Ripple (XRP) for the first time in November 2017. After a short research, I was convinced that it had some real world use. I invested 1% of my savings and followed the market for a week. After further reflection on it, I decided to close my position. I sold Ripple, because of […]
