Building Something That Will Last... **An Encouraging Day** When you wake up and HIVE is basically up 60% for the day you know that including the Hive ecosystem into your own economic model is a smart move. The market cap of HIVE relative to STEEM is miles ahead, considering that the Hive ecosystem has so much going on, it only makes sense. I am sure that this is a very encouraging day for the community at large and serves as a motivation to keep “penning away”. I also noted…
Financial Wisdom To Counter Economic Collapse **High Inflation Is Here To Stay** There is a strong likelihood that when the FED meets again in September, we will be met with some “good news”. As interest rate hikes have continued to attack inflation, combined with lowering commodity prices, there is a strong chance that inflation will plateau. I do however not envision a scenario where inflation returns to 2% or lower, at least not for some time. This “breather” until…
Retail Investors Get Played... Again! **Do You Understand The Economic Environment?** The market completely misinterpreted Powell’s most recent address as bullish. The media is now “conveniently” reporting from “trusted” sources that there was actually nothing in the statement that could actually be interpreted as dovish. I did mention this as soon as it was released. I immediately mentioned it in a **short post** on Noise.cash and was, as expected confronted by the “we are…
On-Chain Data Requires Additional Data **Increased Transparency** On-chain data is a very important data point when it comes to trading and investing in Crypto. When you consider that a public ledger enables so much transparency, especially when compared to traditional investment vehicles, it makes sense that investors will want to access this information. Crypto definitely has the highest level of transparency in the investing world due to this one particular aspect.…
An Amusing Portfolio Adjustment **I Have Been Meaning To Do This** Yesterday I finally decided to embark on a little exercise that I have been meaning to do for some time now. Visiting your portfolio during a bear market can become a little discouraging, even if you are holding a good majority in stablecoins and cash. So, I decided to draft up a different version of my portfolio, one that is based on the all-time high prices of each of the coins or tokens I hold. I have…
A Blockchain-Based World Is Inevitable **Forget About Price** Price is merely a temporal indicator. Don’t get caught up in the thinking that suggests that something is “dead” due to its price performance. The introduction of online marketplaces such as Amazon and others has taught us that though initially, prices can be extremely volatile, it is not necessarily an indication of future success or failure. Had early Amazon investors simply relied on price action as a metric to…
Conviction & Excitement In A Bear Market **Conviction Ahead Of All Else** As I mentioned in my recent post, **“A Blockchain-Based World Is Inevitable”**, it is merely a matter of time before blockchain and Crypto completely redefine our world. What this in essence means for those who are able to identify the shift is an opportunity of unmatched proportion. Provided prices don’t head too much lower, the longer this bearish phase lasts, the greater the opportunity. My…
Web 3 - Decentralized Independence **An Interesting Conversation** I was at a coffee bar this morning and got into a discussion regarding a particular legacy-styled business model. As I listened to a few advocates promoting this model I was immediately reminded of how outdated and frustrating these models actually are. Simultaneously, it just really hit home how people are aware of Crypto and yet completely unaware of the opportunities that exist within the space. Yes, there…
Idle Dollars In My "Machines" **Waiting In The Wings** Apart from actually holding a decent allocation in stablecoins, I also have a number of passive income mechanisms that are generating dollar holdings. You want to be earning both Crypto and USD during a bear market. Crypto, because you earn more coins due to the dollar valuation being lower, and USD because you also require a backup. You know, when those unexpected dumps ravage the market and leave everyone wondering…
Why I Prefer RVN To ETC Post ETH 2.0 **An Expected Challenge** It has long been argued that once ETH shifts to POS that Ethereum Classic and Ravencoin will absorb the majority of Ethereum miners. There are a handful of others that stand to experience somewhat of a boost but I think that we can all agree that ETC and RVN will be the true “winners of the day”. What still remains to be seen though is which one will secure the majority and go on to be the “coin of choice”. Even…
Hive - Beyond Synergy **The Benefits Of An Entire Ecosystem** One very important dynamic that has the power to propel Hive beyond its competitors is that of being a living organism made up of multiple communities and developers. This immediately puts Hive on the “cutting edge” and forces one to acknowledge how much creative power is driving this project towards greatness. Development does not necessarily have to take place on the base layer, as every second layer advancement…
Leofinance - Hive's "Wild Card" **Threads Hit The Hive Blockchain** Last week we saw the highly anticipated launch of LeoThreads. This is yet another reason why Leofinance stands a really good chance of becoming an extremely relevant and influential Crypto hub in the future. Given that there is already quite an active community, further development will only serve to bring about even more growth and abundance. Incorporating **LeoThreads** also helps to onboard users outside…
Passive Income / Hive Ecosystem / Blogging **Coming Together** My readers will already know that I am a firm lover of passive income. I have also developed quite a penchant for blogging over the years. The last couple of years have also seen me become rather fascinated and intrigued by what is unfolding on the Hive blockchain. Interestingly enough, all three are experiencing a strong outworking and expression on Hive. Obviously, my activities and interests are not exclusive…
Hacks & Exploits - Why Are You Surprised? **Nothing New** Crypto hacks and DeFi exploits are constantly making news headlines and even though it’s not good news, it’s definitely understandable. This is still very much a “new technology” and there is still a lot that needs to be improved upon, and to some extent, perfected. Not that we will ever be able to fully escape this danger, but it is likely to improve as the sector matures. Fortunately, many DeFi projects that have…
Another Bear Market - Another Victory For BNB! **It’s** **Not The First Time** For those who were around and paying attention during the previous bear market, you would have noted that BNB outperformed BTC. That’s right, an altcoin performed better in a bear market than Bitcoin! I am sure that you can appreciate how truly significant this is. One of the most important factors contributing to this performance has to be the utility of BNB. Unlike many other tokens, BNB offers…
Productivity-Based Goals VS Reward-Based Goals **Goals Are Imperative To Success** Without goals, there is no measurable success. Goals not only encourage productivity but also ensure it. Having a set of daily goals helps you secure and ensure your productivity for the day. I find that daily goals become even more powerful when aligned with time. Knowing that you have to complete a specific task by a certain time enables you to predict and plan how productive you are going…
Hodlnaut & Hotbit - The Shakeout Continues **No Rest For The Wicked** Just as the market began to breathe a little easier after the Celsius, Voyager, and Three Arrows Capital collapse, we are faced with more potential pain. This is unfortunately how bear markets play out. The first sign of a “comeback” is always false. Thinking that a trend reversal can happen so easily without any meaningful resistance, is being a little too hopeful. If you think that the current tug of war…
"Short" ETH - What I Am Expecting In The Market **Bulls Keep Pushing** One of the most obvious signs of strength in the market is the weakness of resistance. However, that is not what we are experiencing at all. BTC continues to find meaningful resistance at $24.500. I expect that even if BTC were to “breakout” into the $25K zone it would be somewhat of a “fakeout”. A push to even $26K would likely attract the “shorts”. I don’t see any meaningful signs of strength in the…
The Unique Quality That Gives Bitcoin The Upper Hand **Correlation To Risk-On Assets** For the meantime, Bitcoin continues to function as a risk-on asset. It is largely seen as a speculative and high-risk investment vehicle. In a risk-on environment Bitcoin generally tends to perform well. There has been a lot said in relation to Bitcoin’s correlation to the traditional stock market. I think for many, myself included, the original attraction to Bitcoin is its originality.…
Cardano - Patient Architecture **A Solid Performer In 2021** I bought a bag of ADA in 2020 but sold it way too early. It was one of the positions that I was utilizing as a medium-term trade. In other words, I needed to generate capital with the allocation. Unfortunately, ADA only really began to perform in 2021. I think that Cardano was **severely overpriced** at just north of $3 and so was not particularly enticed when it began to rally hard. However, the current bear…
My Biggest Regret In Crypto **Crypto Didn’t Exist** The year was 2007 and I had begun playing around with online earning opportunities. I was working crazy hours in management but had still found time to “play around” with this idea. I found myself extremely intrigued by the idea of online income, even if it was only a very modest amount. To me, it posed a way of future escape from a life of slavery. Many people only work 30 to 40 hours a week. At that stage, I was working…
How The Average Person Becomes Wealthy **Not Everyone Is A Trader** For many, the long-term investment approach is the only viable option. The average person simply doesn’t have excess capital to begin making large investments, especially now. Apart from that, there are those who realize that they don’t have significant knowledge in order to begin trading and are smart enough to own that reality and so look to alternative means. Perhaps, if time was not an issue, they could…
Every LEO Is A Dollar! **Perspective** How we choose to view things in life makes all the difference. We are all familiar with the “glass half full” mindset and so on. For me, I need to envision my investments in the future. I have to come to a place where I can envision a “rock solid” future valuation. If I can’t see anything then I simply can’t hold it, it’s that simple. What I am really addressing here is conviction. I have to be firmly convinced that a certain project…
Taking Advantage Of Price Pumps Without Additional Capital Allocation **A Previous Strategy** Something that I did in the previous bear market was to trade “effective pairings” in order to increase my holdings. Previously, I traded DOGE/LTC for two specific reasons. Firstly, Doge behaved almost like a stablecoin but at the same time would often experience sudden pumps. This gave Doge the upper hand against many of the other alts. Secondly, Litecoin seemed to depreciate in a…
Web 3 - Ownership Defined **What We Have Seen** Ever since Steemit launched back in 2016 we have had a taste of what it means to have an “account” that we actually own. An account that exists on the blockchain and is in essence, held privately. This was later met by the introduction of DeFi, which is in essence based upon Web 3 technology. What we have already seen is extremely impressive, especially in such a short amount of time. How will Web 3 operate in the years tome…
Juggling Your "Crypto Life" **“Opportunity” Still Requires Time** It is often said that Crypto offers a great opportunity to build and generate wealth over time and while this is true, It still requires time, effort, and dedication. Once again, a good opportunity is not synonymous with “easy money”, much to the disappointment of many. I can almost guarantee that those who are exiting the market at this stage foster this type of thinking and mindset. Unless you are already…
Altcoins Approaching Recent Lows - What's Next? **Moments Away** Altcoins continue to bleed over the weekend and are moments away from revisiting their recent lows. This is true for the majority of alts, although there are those that are weathering the storm a lot better than others. HIVE happens to be one of them, as it is only trading marginally lower than it was prior to the recent dump. This was not an unexpected dump for Sapphire Crypto. This blog has published numerous…
The Week Ahead - What Are The Charts Saying? **The S&P Dropped Another 2%** One of the most important factors affecting Crypto right now is the macro environment. When you see bullish expectations in an environment that is extremely bearish it becomes obvious that there is a lack of knowledge. Many choose to ignore TA, thinking they can do just fine without it. How can you be a mechanic without an understanding of how an engine works? It’s a simple and logical question. One…
Bitcoin's Defining Moment **Already A Success** Looking back over the past 13 years tells a story of how an idea, over time, has become a “currency” to rival many government-issued fiat currencies. After crossing a trillion-dollar market cap people around the world had no option but to consider that there truly is more to Bitcoin than previously imagined. Using the term “currency” to describe Bitcoin is actually not an accurate description. Bitcoin can function as a currency…
Reversed Polarity **Markets Edge Higher** The Crypto market has had a slow rise to the upside, which is good, Isn’t it? Well, when it comes to markets unless you are scalping, understanding where the destination point is can help a lot. Many say that you cannot call bottoms and tops. I disagree, you may not predict the exact figure, but it is possible to identify a “range” or zone that technicals and other indicators are pointing towards. This is how I was able to predict a…
Capturing Value - The Root Of Wealth Creation **Gaining An Advantage** When projects are heavily discounted in a bear market it is often tempting to choose the most battered coins and tokens. The reasoning here is that a return to previous highs will ultimately increase your profit margin. This can sometimes work out but is definitely not the rule. Ideally, you want to be capturing value and not merely securing a discount. Gaining an amazing discount on a coin that will…
Securing Income Models Through Diversification **Often Overlooked** When talking to anyone who has some type of Crypto or online income, you will often find that many are relying on one or two significant income streams. Although it makes a lot of sense from a practical point of view, it’s definitely not the safest option. With the collapse of Celsius and other lenders, many were left destitute, as they were relying on their weekly interest as a form of income. It’s always…
Selling Your Unused Bandwidth For Crypto? **Yet Another Opportunity** This might not necessarily be something that everyone would consider, but for those looking to monetize their unused bandwidth, there are a couple of **opportunities** out there worth considering. Many are open to the idea of setting up small passive income streams that can be used to accumulate Crypto over the long term. What is quite attractive about this particular idea is that these opportunities…
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