It seems the Aussie government is finally warming to bitcoin. Depending on your point of view, that could be a bullish sign. Or it might mean it’s time to get out and run for the hills.
It seems the Aussie government is finally warming to bitcoin. Depending on your point of view, that could be a bullish sign. Or it might mean it’s time to get out and run for the hills.
Equifax led itself like a lamb to slaughter. Two major security breaches, millions of peoples’ details leaked, insider trading, an FBI investigation, they’ve got it all. A big, fat, juicy scandal. Clearly companies like Equifax can’t be trusted with our data. Fortunately the future may have the solution; the blockchain.
Bitcoin for the masses... It’s a tantalising prospect for the crypto community at large. Whether you already own bitcoin or want to get involved, the latest rumblings from Wall Street should be good news. 
What has happened…while other indices like the S&P 500 have enjoyed double digit gains, our own market has gone nowhere. At the start of the year, the ASX 200 was trading at 5,700 points. It now trades around 5,655 points.
Yesterday, the Commonwealth Bank announced plans to sell off its life insurance business to AIA, as well as the intention to sell of part of its wealth management business. So why now? Why the urgency?
When it all goes wrong, it’s not the already-wealthy who really suffer. It’s the average person on the street. And it’s that average person on the street that bitcoin and cryptocurrency can help to avoid financial disaster when the existing system fails them eventually again.
Fedex is a kind of bellwether for the state of the underlying economy. One company whose results give you a snapshot of the strength of consumer demand. If it’s doing well, then the economy is generally doing well. After all, consumer spending drives approximately 70% of all economic growth.
NEO is definitely stuck between a rock and a hard place. The important thing for NEO now is to continue to prove its critics wrong. And it’s already working on just that.
The short sellers are trading against the trend and that’s not the way to make fast money. In fact, they’ve been losing money. It is far more effective to trade with the trend and short stocks breaking lows from years past, rather than shorting stocks breaking higher.
Every investment you make is just the testing of an idea or opinion. They’re not all going to be right. So don’t invest so much emotional energy into believing that you’re right. My solution to this is a simple one. It’s a process that provides checks and balances to my investment opinions. 