Technology and Innovation
Technology and Innovation
bitcoin price drop
The Anatomy of a Crypto Scam
crypto scamMost asset classes have an element of risk. Crypto is one market that — at least for now — seems to carry more risk than any other. And that’s because there is no regulation. So what are some of the things to look out for that scream ‘scam’? I’m going to show you a couple, to help you look out and keep yourself safe.
The Great Crypto Crash of 2018
crypto crash 2018What we are seeing today is a pullback in the price of cryptocurrencies. Largely coming on the back of what the South Korean government may or may not do. South Korea is the third largest country for crypto trading. One estimate suggests Korea accounts for a quarter of all global crypto transactions. Let’s put the importance of the Korean market in perspective.
Are Cryptocurrencies ‘Worth’ Anything?
cryptocurrencies are 'worth' itIf you understand the fractional banking system you'll also know that all the ‘cash’ in the world isn’t actually backed by real cash either. There’s so much more to it than just bitcoin and prices in fiat money. If you only take a superficial view, it’s easy to get misled into thinking it’s some kind of fake, ‘valueless’ mirage.
How Stock Picking Robots Will Become the Norm
stock picking robotsIn my mind, hedge funds, on average, find it difficult to beat the market simply because they’re like most people. They give in to irrational behaviour, chase returns and aren’t able to sit still in a group of undervalued investments. So why not remove the human element from the equation?
Is This the Bitcoin Bubble Bursting?
bitcoin bubbleThe price at time of writing is US$11,098. In my view, the price is breaking down. The trend is still favourable, and you could argue that bitcoin is just correcting and consolidating its big recent move. In fact, if you’re financially and emotionally invested in it, I’m guessing that’s the story you’re telling yourself.
Chaos and Opportunity in Bitcoin
bitcoin chaos and opportunitySouth Korea isn’t the first nation to consider banning bitcoin, but it could be the most significant. A large portion of bitcoin’s global demand comes from the country. This isn’t the first time that a major government has threatened to ban it. It likely won’t be the last. Years from now, this may be looked back on as an incredible buying opportunity.