As usual this year, hell waits for the weekend to break loose. Last Friday afternoon, I sent out a bulletin to my paid members saying something was up with Ethereum: Just a few hours after writing that bulletin, the rumours intensified that Celsius was technically insolvent. On Saturday, the run started. By Sunday, all withdrawals and transfers from… Read More »
Today I see green everywhere. Bitcoin is up 4% to $30,700 USD. Ethereum is up 6% to $1927. Even the no-hopers, aka public crypto-stocks are giving the markets some love. Hive Blockchain is up nearly 17% to $5.91 CAD. Voyageur is up 7% to $3.47 CAD. Truly, we have exited the gates of hell and now we can frolic in the grassy… Read More »
Two weeks ago, I bought 20,000 shares of Satori Resources (TSXv-BUD, OTCQB-STRRF) at 15 cents. It’s currently trading at 13 cents on very little volume. It’s been my best trade this month which tells you what kind of month it’s been. Satori is a gold exploration punt out of Flin Flon Manitoba. I met the CEO, Jennifer Boyle at the Planet Microcap Showcase in… Read More »
Contagion. Last week the Luna token traded as high as $85 USD. As I write this, it’s trading under 2 cents. The Terra blockchain has been halted. That means you can’t even get your 2 cents out. The Luna token went from a market cap of $25 billion to nothing, in a space of a week. But wait, it… Read More »
In my six years of crypto-investing, I’ve learned to walk either on one side of the road or the other. But don’t walk down the middle. For me, there are two types of trades. The first kind of trade has a payoff but most importantly, there is absolutely no way I’m going to lose my initial outlay. The second… Read More »
With inflation running at eight percent (at least!) everybody wants – needs – yield on their assets. But Nasdaq has been flat since last April. Even bitcoin is in the red. Keeping your money in the bank means you are guaranteed to lose eight percent in purchasing power this year. In a recession, it’s only the people who… Read More »
