Note: This is the third article in a series on why should hedge in crypto. Part one is here and part two is here. What if somebody told you that they had a deal which guaranteed a compounded average return of 25% a year? The only “catch” is that you have to lock up your money for four… Read More »
This is the second article in a series. The first is here. In the short run, buying and selling bitcoin is for gamblers. But hedging makes you an investor. The SEC may be ruling this week whether to allow bitcoin ETFs to trade. Many commentators think this event could be the end of the bear market and the… Read More »
I first wrote about MOGO last May 29th when the stock was trading at $3.40, and was the first stock I have ever written about where I bought it as a table-pounding buy. It has a nice tight share structure (i.e. few shares outstanding) and a business model that touched crypto but was not entirely dependent on it. It closed… Read More »
It’s the volatility in crypto that is killing the average investor and making any attempt to assign a valuation to any coin nearly useless. Bitcoin dropped nearly 30% in the last three months (from $9826 to $6985). But just last month it went from $6531 to $8168, an increase of 25%. But that’s nothing. Other lesser-known crypto-coins have… Read More »
Many times over the last year I’ve been asked what is the use of Bitcoin? And I have said it is because of gambling. Gamblers love bitcoin. It’s taken over the online gambling industry. I even wrote an article on this $550-billion-a-year industry moving to bitcoin. Ethereum is no different.I’m sure you have read many news articles about how… Read More »
Bitmain, the dominant supplier of mining rigs in the world, is planning to go public in late 2018 or early 2019 on the Hong Kong stock exchange. At present it is seeking a $1 US billion pre-IPO financing. This is not wishful thinking by Bitmain’s management team. They just completed a Series B funding of US$300-400 million headed… Read More »
