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@Dzoelx

@Dzoelx in March 2022

@Dzoelx

Dollar Cost Averaging: What you weren't told. You’ve been told to keep throwing in more money on your crashing asset to reduce the average purchase price. Saylor bought over 20k bitcoins at an average price of about $34,000. Considering the difference between the highest and lowest prices he bought them; that’s a long journey and a whole lot of Dollar Cost Averaging (DCA). Dollar Cost Averaging? What does that even mean? Well, if you have the habit of buying more of a…

@Dzoelx

Bitcoin is coming to the USA and UAE! Might sound weird but, America’s favourite ‘Joe’ is causing a lot of turmoil globally; some positive and some, well… He’s recently got ruthless with the sanctions and at some point, we all thought he will be coming for our crypto. I mean, your crypto… I’m far away from the United states. I guess he did though, maybe not. But the warnings were stern throughout crypto twitter. “Get your Bitcoin off the exchanges”, I came across that a…

@Dzoelx

2021-2022: The fall of cryptocurrency ‘DAOs’ DAO in crypto was short-lived, not just the concept. Sounds funny when some of them control almost a billion-dollar market capitalization. Your best knowledge of a DAO might be a famous airdrop where users claimed thousands of dollars for free. If you’re fortunate enough, you might have benefitted from one of these. I did, a couple of times. One good thing about (some of) these airdrops is that they surely get attention of the…

@Dzoelx

Love bitcoin? Buy Bitcoin cash. A follower once referred to Bitcoin cash as bitcoin’s ‘Dumb’ brother. That sounds funny anyways, but it’s a perfect representation of the friction between bitcoin and bitcoin cash communities. One cut out from the other, these two don’t really share a very ‘lovey’ history. According to many, “Roger Ver was a bitcoin legend until he decided to fork it”. This article itself could get some stern backlashes and it is easy to understand why.…

@Dzoelx

Vitalik Buterin was wrong about Bored Apes and NFTs Seeing Vitalik on the cover of the famous Time magazine was a proud moment, for cryptocurrency and blockchain technology. For anyone following the crypto revolution closely, Vitalik is up there in ranks with Satoshi Nakamoto. Yeah, you’ll argue that. The mysterious bitcoin founder shed light on what can be achieved with the distributed ledger system, but Vitalik and his team expanded on these possibilities and proved that…

@Dzoelx

Bitcoin retracing: Are bulls regaining control? That move from Zilliqa was massive; no surprise, it was always coming. The smart contract blockchain has been silently building awesome stuffs and the market is only beginning to realize its worth. More of similar moves is expected to come as Metapolis nears launch. Zilliqa’s move was remarkable, but in fact, the whole market has been green for the past few days. Thanks to a persistent bitcoin retracement, ethereum and other…