Category: CryptoCurrency
CryptoCurrency 108: What are DAOs?
Can’t we all get along? That was a catchphrase in the 1990s, but something we still need to ask ourselves today. When we try to accomplish things in today’s society, frequently the human element tends to get in the way. In Congress, our representatives have the best intentions, but they are humans just as we…
CryptoCurrency 107: How to Invest During a Downturn
Not every day as an investor is supposed to be amazing. There are going to be times when it is hard to look at your account. However, as investors, these are the times that we need to buckle down and review our reasons for entering the market. Cryptocurrencies have been having a hard time recently,…
CryptoCurrency 106: The Importance of El Salvador
On June 9th, 2021, El Salvador officially passed a law to accept Bitcoin as legal tender. Furthermore, the country is also committing to Bitcoin mining that uses renewable sources. This is a huge announcement and one we need to dissect as we continue to evolve our investment thesis in cryptocurrencies. So first off, what does…
CryptoCurrency 105: The Stability of Stablecoins
The cryptocurrency market can be highly volatile. It is not uncommon to see 30-40% swings over a few days. This price action puts many investors off because they are used to the more consistent stock market movement. But what if there was a way to invest in the crypto market without having the wild price…
CryptoCurrency 104: The Future of Decentralized Finance (DeFi)
Have you ever wondered what it would be like to lend money to a friend and not have to worry if they paid you back? How about having the ability to make an excellent return on your money while it sits in a bank account? What about setting parameters and having your cash deploy when…
Let’s Get Rich with NFTs!
The cryptocurrency craze is currently in a mania. Everyone is all in, and the next minute, everyone is scared to death that central governments will ban them. There is still a lot of money to be had in cryptocurrencies. We have not seen all the applications for smart contracts and smart chains. One area that…
Stocks vs. Cryptos
I know, I know; you don’t think that this will be a fair fight. Stocks have been around for a long time, and cryptos have been kicking for about ten years and are only recently becoming mainstream. However, when it comes to your money, everything is equal. Remember, all these investment sources are fighting for…
CryptoCurrency 103: Finding the Right Coins
The land of cryptocurrencies is full of speculation, and speculating is not what a true investor does. A true investor chooses an investment for the long run or until the investment thesis changes. Actual investors don’t try to time the market, sell to a bigger fool or follow the crowd. Catch up on the CryptoCurrency…
CryptoCurrency 102: Important Words to Understand
Learning a second or third language can be challenging, and learning the language of cryptocurrencies is similar. You are entering into a new world, full of words you didn’t even know existed. Today, I will attempt to give you a good starting point in your journey into the crypto wonderland. I will convert these words…
CryptoCurrency 101: Let’s Invest in Crypto Together!
Well, it is finally time to dive into the world of cryptocurrencies. I know that I have been a little apprehensive before, but fear never gets us anywhere. Sometimes we have to take the bull by the horns and wrestle control of our futures. I want this series to be a place where we can…
5 Takeaways from “The Nft Revolution”
You may have heard of NFTs on the news or from conversations around the watercooler. I have heard of them but wanted a deeper look into what they were and how an investor could leverage them to accelerate wealth. “The Nft Revolution” by Crypto Dukedom gives the reader a deep dive into the digital world…
Crypto Showdown: Bitcoin vs. Ethereum
Often we are presented with a pair of fierce competitors: Coca-Cola vs. Pepsi or Walmart vs. Target. We like to choose sides based on our past experiences or our taste buds. Today, I present the latest competitors to step into the ring: Bitcoin vs. Ethereum. Which one deserves your investing dollars? Let’s find out. I…
5 Takeaways from “Ethereum”
“Ethereum” by Jack Mathew reads like a magazine for Information Technology (I.T.) coding or programming. That is to say that it is a tough read for us regular folks. However, I am glad I powered through it, and it was only 46 challenging pages. Ethereum is currently the second leading cryptocurrency, only trailing Bitcoin. I…
Retire on CryptoCurrency #1
Welcome to our new series tracking our progress on retiring on CryptoCurrency. I am brand new to this world (as of April 2021) and plan to go the distance. I don’t know the final amount we are aiming for but will have a better idea as we continue. We will be using our favorite Crypto…
Passive Income in CryptoCurrency
Today is an exhilarating day for me. I found another stream of passive income, and it comes in a unique package. I would have never thought that I would find my next passive income source in CrytpoCurrencies. What a world we live in today. This article will be short, but I wanted to post my…
5 Takeaways from “Bitcoin: Hard Money You Can’t F-CK With”
“Bitcoin: Hard Money You Can’t F-CK With” by Jason Williams is an in-your-face, no-holds-barred assault on why Bitcoin will be the next global reserve currency. For reference, the US Dollar is currently the global reserve currency. The US Dollar is involved in almost every international transaction that takes place. Because of this level of usage,…
Why I am Investing in Bitcoin
A member of our group (Military Family Investing) asked if I could look into cryptocurrency. With perfect timing, I was finishing up my current book “The Non-Designer’s Design Book,” so I figured it time to take the plunge into crypto education. I am an old-school dude, and I like the idea of business, real estate,…
