@Bernie-flow

Finally been back on writing!! My new piece, is about ETH, is it unsafe?? Check it out!! https://www.publish0x.com/bernie-flow/is-ethereum-eth-unsafe-xyegqgw

Its been so long since ive posted it here! I've really missed yal!! Whats the update?!

Do not attempt this at home!! HUGE win for me!!

Thats what a call a nice correction upwards! After reaching 15k we're back at 17k

Guys this is an amazing price to be buying BTC! this 15% drop gives us a nice chance!

Life is so short guys, 2 weeks ago we were in my girlfriends father house, everything was just perfect, truly! Now we’re back here and he’s with the Big C, unfortunately! I just hope that he can recover as fast as possible! #randomthoughts

Flamengo won the Copa Libertadores and might face Real Madrid at the clubs world cup! Its going to be an amazing match!

DOGE is pumping strongly, i think is due Elon buying twitter and his action through the course!

Market at the moment and im quite curious how we're going to be in this November! How are you doing btw?

bch today!! really interesting volume!!

Its nice to see that the market is recoverying! It took time tho!

Im quite excited for this game tonight! Im really hoping for a Flamengo win! Do you enjoy football? #football

The exception of Supply and Demand   One of the most powerful forces in the economy, whose study is essential to analyze companies and businesses, is the law of supply and demand. **Supply and demand are two of the main forces that control the basis of the economy and financial markets**. They are always in constant interaction. **What is Supply?** Supply can be defined as the quantity of a good or service that **producers are willing (and able) to offer, at each price level, in a given period**. It is worth mentioning that the concept of offer is different from that of sale. After all, the offer happens when there is an intention to sell a good or service, whereas to sell is to actually do it. Thus, the offer shows us the producers' sales intentions. **What is Demand?** Demand can be defined as the quantity of a good or service that **consumers are willing to buy (and would be able to do), at each price level, in a given period.** It represents the maximum that consumers can consider, considering their income and the prices of goods on the market. The concept of demand, therefore, is different from the concept of purchase. Because "demand" means being willing to buy, while "buying" means making the purchase. If we could define in a few words why a stock falls or rises on a given day, we could say that it was the law of supply and demand in action. **However, as with any rule, there are exceptions.** Those exceptions are: The first exception is **Veblen's effect** - ostentatious consumption, whose concept is used to describe spending on goods or services acquired mainly for the purpose of demonstrate wealth. Product has characteristics of exclusivity and scarcity. It is seen as a demonstration of power, wealth, status or class.  The second one is **Giffen effect** - those in which demand increases even as the price increases - and demand falls when the price decreases. In general, they are considered inferior goods: there are no close substitutes, or people buy less when their income increases.     **It's very important to know which product, stock, crypto is aiming for to know how to be positioned.**

22 pills of wisdom All of this points below are reflections from a great hedge fund founder and it's very timeless. Many of those "pills" are pretty straight forward and some of them you might need to think a little to absorb the real information behind, but all of them are very useful. Here are some thoughts: 1- When markets are at their highest, a **bell does not ring**. 2- It is very **difficult** for you a priori to hit the trends, only if you are a magician. 3- The cemetery is full of traders who have **tried to discover the turning point**. 4- The interesting thing is, if you are perceptive, to be able to mount the horse when it is already shooting, **not when it is caged**, because it can stay there for months or years. 5- You have **great opportunities to lose** money every day. 6- It is **impossible to predict the future**. People who predict the future are joking, because no one is going to charge them for what they said. 7- Any market never goes in a straight line. **Bull market has corrections and bear market has corrections**. (remember this in crypto) https://www.publish0x.com/bernie-flow/bitcoin-dont-panic-when-it-drops-xnqnqoo 8- People say: money is trash. There are times when money can be a good store of value, such as when assets are stretched. If there is an opportunity and you are all applied, you cannot take advantage of it. (**It's always good to have some cash in hand to enjoy those huge drops**) 9- The **great opportunities are when things fall apart**, not when everyone is euphoric. 10- About ESG, there are many people who say: if you restrict the investment universe, you will have lower profitability. It can be a mistake, because as capital goes to companies that have **better practices**, they will tend to appreciate more than those that are being abandoned. And supply and demand affect the price. 11- How do you **catch trends**? Reading a lot. When you look at the charts of some assets that went up well, they wired what was going to happen. When you combine this with some of the more knowledgeable people talking about it, analysts, for example, are able to arrive earlier. When it comes out on the front page of the newspaper, it is over, forget that the trend is already well advanced. ( I personally don't buy crypto when it reach the big media) 12- The financial **market is very frustrating, because it is not linear**. It is not as an engineer that if you do everything right, the building will stand. Here you can do all the right analyzes and still lose money. It is an art, it is not a science. 13- The biggest enemy in the financial market is **you**. Your **psychological, your head, your impulses are what kill you**. If you have a way to develop a very strong control of your instincts, **you can succeed**. 14- You have to **love the business because there are so many frustrations**. You will always be dissatisfied: when it works, you bought little; when it goes wrong, you bought a lot. No joke, no: you will always be upset. If you don't have the resilience to endure this for many years, then give up. 15- There are times, when the market is euphoric, when everything goes well, but you have to remember that there are other times when the marke is a hell of a bitch. **You have to be very careful not to confuse a bull market with intelligence and preparation.** 16- The recommendation I make is **Friday's test**. If Friday arrives and you’re dying to get the market open Monday, maybe you have a chance in this business. (unless you're in crypto that the weekends are still going) 17- I often repeat mistakes, less than I did at the beginning, but **sometimes you get excited and do something stupid**. You have at least five minutes of stupidity a day, **do nothing in those five minutes.** 18- **How do people go bankrupt?** When they have no stop or or are with a gigantic amount leveraged in the market. A stock can range from 30% to 40% in a short period. If you look at the history of the past 10-15 years, Amazon's from high to low saw a drop in all of them by 30% to 40%. So, if you are leveraged, you will not survive. 19- Read a lot about **market psychology**, it teaches you how to **defend from yourself**. Because you are your worst enemy. If you can tame your instincts, you have a much better chance of succeeding. 20- You can't sell when you can't take it anymore, you have to sell when you feel you **made the wrong trade**. 21- You may even have a greater number of errors than the number of correct answers, but **when you get it right you have to earn good money. And when you get it wrong, lose little.** 22- The tendency of people is, when it is rising, to desperately want to have 150% of the equity invested in shares. It's wrong. Let others win too, don't want to win everything yourself. **It is a way to avoid disasters.**   All of this pills will grant you a good knowledge on how the market (stock or crypto) works. Don't go panicking, it will only hurt you and everyone by your side.

Joel Greenblatt - Magic Formula Joel Greenblatt first shown his magic formula of investement on his book "The little Book that beats the market". This formula is nothing more than a systemic investement strategy that aims for companies that are following some paramater-compliant established in advance. This methodology of filtering and ranking companies due to their indicators first began with Benjamin Graham, value investing. Graham believed that the investors who use this value investing method, with companies tha provide a well-founded information base and have a history of positive results, would also be able to make this return in the long run. Graham's formula, briefly, consisted of buying companies whose stock prices were so low that if the company sold all of its patrimony and honored its debts, it would still be worth more than the market evaluated. He was successful using his strategy for several decades after the crash of 1929. At that time, the market was seen as something of extreme risk, which led to many stocks being traded at bargain prices, resulting in the great success of Graham's strategy (does this reminds you of crypto). Currently, with the popularization of the stock market and with optimism regarding the stock exchange, actions that meet all the requirements established by Graham's strategy are rare. So Joel invented the magic formula, searching for a way to adapt this systemic investement strategy (graham's) to our time. According to his book, his methodology had an anual return of 30,8% in 17 years between 1988 and 2004. That means if he invested 11.000 USD in 1988 following this magic formula he would have 1 million USD after this 17 years.    ust to make it more clear how impressive those numbers are, the market in this same period of time only had 12,3%. With this profitability and using the same 11.000 USD as before, he would only had received 79.000USD in 17 years, a HUGE differente. So his formula ranks companis from first to 3500, so here's **his indicators**: - Return on capital - Shows how profitable the company is. - Profit return - indicator obtained by dividing operating profit by the company's value (market value plus net debt). This multiple tells us whether the company is traded discounted or not. The magic formula combines these two factors and, given the sum of both, seeks those companies that are at the top of the ranking. In this way, it seeks to buy profitable companies that are discounted. Therefore, this formula allows the investor to systematically search - based on indicators and multiples - for companies that are undervalued in the market. If you want to know more: https://www.youtube.com/watch?v=I6Yat-GM7z0

BTC - the new gold? Yesterday (01/08/2021) gold and silver suffered big losses and Bitcoin kept it's price quite stable, as you can see below:   **Do you think that there is a correlation between those precious metals and BTC?** Here's the answer, lots of people are beggining to see BTC as Gold 2.0, the new gold. So it's fair to presume that many people are withdrawing their money on those dated metals to invest on crypto specially on BTC. That might have some big influence on this strong bull run journey that we are going through. I really do want to see this exchanging between gold and silver investors to BTC. Yet Gold and BTC still have a marketcap higher than BTC to this day. So imagine which value BTC can actually achieve with this asset migration, imagine if silvers investors quit and go strong on BTC, the possibilities are beyond imagination.

Bitcoin - Mayer Multiple analisys There are several ways to analisys a crypto for a trade not the project itself, but right now we're going to do the Mayer Multiple methodology.  **What is a Mayer Multiple?** This methodology was first created by Trace Mayer as a way to analyse the price of Bitcoin in a historical context. "The Mayer Multiple is the multiple of the current Bitcoin price over the 200-days moving average." It is not an indicator that you should buy,sell or hold, it's just another way to complement your analisys and create more theorical basis to your decision. **Why is 2.4 the best indicator?** "Simulations performed by Trace Mayer determined that in the past, the best long-term results were achieved by accumulating Bitcoin whenever the Mayer Multiple was below 2.4. " So whenever in the past 200 days the indiciator shows us this indicator below 2.4 it has a nice opportunity to buy, however as said before you must compare with other indicators to make a better decision. Now let's take a nice look at the current scenario. So as you can you see whenever it reached above 2.4 (mark as read in graphic) it suffered a major correction in its price, so now we reach this mark again. Does it mean that it will undergo another one? There's no straight answer to this, however historically points to yes. But before suffering this correction it might go even higheras it shows on 2012, 2013 and 2014 for instance. The tendency is that it suffers a major correction in the following 4 weeks or today, and afterwards it might rise again! Another way to see those graphics is through Mayer Multiple price bands    As you can see we're in the bullish extension and going to the overbought region, so if you're going to trade please be careful, don't leverage.  Sources: https://mayermultiple.info/ https://digitalik.net/btc/mayer_bands

Ray Dalio - turning point Ray Dalio (the man in the pic), manager and founder of Bridgewater, THE most lucrative hedge fund company in the world, teach us an important concept: Meritocracy of ideas. Dalio points out how to extract principles and to improve in the face of mistakes made. In a TED TALK lecture, the founder explains how he developed this metodology of meritocracy of ideas after he committed a big mistake. This metodology is based in a concept that is based on discussion - without hierarchical distinction. Afterwards you can make the best ideas prevail. As said before, this metodology was created after one of the biggest investments mistakes he ever made.  In the lates 70's, Dalio predicted that US banks had lent tons of money to emergin countries such as Brazil, Mexico and others, who would not be able to afford these debt with lots of interests. So Ray thought that it was very likely that USA would have the biggest debt crisis since the Great depresion in 29. Then he presumably believed that would be huge losses in the stock market. This so called "prediction" was very controversial at the time (most investors disagreed with that idea back then). However, back in 82 Mexico didn't pay his debt, proving Rays predictions; afterwards severals countries followed this "trend". Then, the globe entered a huge debt crisis, making Ray very cocky with his thesis and market position. Although, the crisis did happen, it did not happen to the stock market, americans stocks kept on rising, so since Dalio bet on the opposing situation his hedge fund suffered huge losses. Those losses made several customers to drop out his hedge fund, which caused him to cease operations of Bridgewater. For him this event was the rock bottom point of his career. At the same time, it was one of the best due to make his vision on decision making change. **Instead of thinking "i am right" he began to wonder "how can i know if i'm right?"**. So he gained the humility he needed to balance with his audacity as said. By creating his Meritocracy of Ideas and start to implement the concept within Bridgewater, he creates several dynamics in which from an intern to a CEO have the opportunity to present ideas and everyone will judge those ideas and concepts. To conclude, Ray Dalio teaches us the power to listen to everyone and how important it is to discuss in order to form an opinion, and maybe one of the most important thing is to evolve through our mistakes and how to overcome and improve from our own experiences. https://www.youtube.com/watch?v=HXbsVbFAczg

Happy Crypto New Year's Eve! Hey Guys! This 2020 has been a year of personal and professional growth/development! **I've been learning SO MUCH with many blogs and articles from here that you guys have no idea**. I've been so grateful with this community and i began chatting with many blog writers that it's been a bless.  **Personal growth** I've been studying a lot about mindfullness, interpersonal development and being more confident in the day-to-day basis.   **Professional development** I've been learn a lot about financial markets, since i'm from Brazil there's a lot of opportunities to be explored, and i'm going to open a store soon, I would have never done without the Crypto market. The crypto market exponentially boost my earnings in a way that i could never done it in the stock market. So, look for some blogs here in read.cash that has some analisys, new coins or projects and I promiss that it will be worth it.   So in 2021 i hope that this COVID thing will be gone, that you have fun with your friends and family, and that the crypto market will go skyhigh and we reach our goals! **Thank you for teaching me so much, i hope that i can teach some to you one day!**

Hey guys i have a blog and i was bringing an article of my own to here and i couldn't is there a way to do so?