Is this the future of social media? UPDATE February 17, 2018: I have published another post titled A Billion Dollar Disaster of a Business Model about Steemit after using and researching it more in depth. There are countless social media platforms out there. Facebook, Twitter, YouTube, Instagram, Snapchat, and the list goes on. Of course, Medium […]
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 […]
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 […]
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 […]
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 […]
My credit card is hacked. Again. This is the second time my credit card is canceled because of fraudulent transactions. Make no mistake, I don’t use my credit card recklessly. I use it only with a few reputable websites and brick and mortar shops. I didn’t have to pay for the fraudulent transactions attempted via […]
Ask yourself the following questions: “Am I ready to lose all of my investments in Bitcoin?” “How would I behave, if Bitcoin price crashed 80%?” I even hear stories of people withdrawing credit from bank to invest more than 100% of their net worth in Bitcoin. If you find yourself in that situation let me […]
The state of the current Cryptocurrency space reminds me the state of the Dot-Com Bubble of early 2000’s. Is that a bad thing? Not necessarily. Some companies, such as Amazon and eBay, survived and thrived after that era. New and successful companies followed them after the bubble. The Dot-Com Bubble was a great time for […]
