Whoo-hoo! In July I started buying call options on a certain bitcoin mining stock and it’s already doubled. I have been buying (and selling) bitcoin mining stocks since 2018 and in the long run have done very well. Here is a list of articles that I have written about the sector here. Am I an expert on the… Read More »
I spent a week with family and friends in Osoyoos, which is in the heart of British Columbia’s wine country. The wine tastings were extravagant and generous, as we had a friend who is a sommelier accompany us. We stayed at an accommodation booked through VRBO. I prefer VRBO over Airbnb as I find the listings to be… Read More »
In the summertime, I like to catch up on my reading: ttps://www.amazon.ca/Alpha-Trader-Methodology-Mathematics-Professional/dp/1736739816/ There are lots of good investment books out there and I hope to read more of them while I am either sipping wine in Osoyoos (British Columbia wine country) or in Hawaii (between snorkeling expeditions) this July and August. But Alpha Trader came with a… Read More »
Numbers don’t lie. In the last three month, the price of bitcoin dropped by more than half and that is the worst quarter ever. https://analytics.skew.com/dashboard/bitcoin-spot Now, if you have been in crypto for more than a decade, you could call me a liar. From August 2011 to October of the same year, bitcoin fell from $8.21 to $3.15,… Read More »
There are rumours this week that Tether, the largest US stablecoin in the world of crypto, is close to collapse. And sure enough, if you look at redemptions, a whopping 14 billion worth of Tether has been redeemed since the beginning of April: And as you can see, Tether has lost its peg to the US dollar. By… Read More »
Voyager (VOYG-TSE) announced this morning that they have exposure to the Three Arrows Capital fiasco.: “Voyager concurrently announced that its operating subsidiary, Voyager Digital, LLC, may issue a notice of default to Three Arrows Capital (“3AC”) for failure to repay its loan. Voyager’s exposure to 3AC consists of 15,250 BTC and $350 million USDC. The Company made an initial request… Read More »
