Let’s pretend you are the portfolio manager of a bitcoin hedge fund and your job is to make 50% return a year. Or I should say, your commission is 20% of whatever you make for the client. That means if you don’t make money for the client, you don’t get paid. So you are motivated. You can lean… Read More »
One month ago, the worst place to put your money was the cryptocurrency sector. Every crypto-stock on the TSX Venture was dropping 3-5% a day. But what a turnaround in the last week: The Market for these stocks hit crazy levels of panic—stocks were trading for less than the cash in their treasury. Now, conditions can stay like… Read More »
Barclay Equity Research, a division of the Barclay Investment, just released a thirty-page report on cryptocurrency that states we have reached the peak and there is no way to go down except down. I can’t link to the report as it’s a private document, but if you can get your hands on it I do recommend reading the… Read More »
Short squeeze on the bitcoin futures market early this morning. It was a classic bear trap. Short positions had been increasing on all the major exchanges for the last few weeks. The “whales, ” i.e. the big traders of bitcoin, saw an opportunity and pounced I wrote about this phenomena last November in an article called “Explaining the… Read More »
Was NOT starting a paid investment research service in January as originally planned. The second best-move I will make this year is starting the service in May when the bottom hits (or least you will see it from there). When I started this blog last summer, I had every intent to launch a subscription service in early 2018.… Read More »
How does no-fee, anonymous trading sound to you? Too good to be true? Well, it’s already here. “Decentralized” exchanges (DEX) like the Kyber Network, Forkdelta and IDEX allow you to trade Ethereum tokens and other digital coins directly with other counter-parties (users). These exchanges are not brokerage houses, but peer-to-peer trading networks. Do you remember Napster of the early 2000s? How about the… Read More »
