Historical data can tell us a lot about what to expect moving forward. Right now, when the market is depressed and prices are low, it’s difficult to pick coins. FUD is everywhere, so you never know which coin might 100x during the next bull run, and which coin might fizzle and disappear. I’ve spent the […]
I Invested $5,000 Into Harmoney (UPDATE)
About a year ago (March 2018) I wrote an analysis of my results from P2P lending site Harmoney. The goal was to invest $5,000 and see what kind of returns to expect. At the time of writing that update, I had been invested in Harmoney for around 9 months. I had grown my Harmoney account […]
Binance Coin Is Going To Surprise People
One of the most common criticisms of the cryptocurrency space is the idea of utility. The argument is that cryptocurrency has so little utility and, without utility, cannot possibly have value. That idea is factually ridiculous, people use cryptocurrency every day, people use it to settle transactions, make investments, Bitcoin was even used to settle […]
Bear Markets Are The Time To Accumulate
We’re currently entering the 14th month of a cryptocurrency bear market. Bear markets are actually my favourite time, in any market. Why? One, because hype is almost non-existent. Anything that rises to the top during a bear market is almost always based on merit. Hype costs money, and nobody spends money on anything unessential during […]
What Can We Learn From The Cryptopia Hack?
Yesterday Cryptopia, New Zealand’s biggest cyrptocurrency exchange, put out a statement saying they had experienced an attack and had experienced “significant losses”. All deposits and withdrawals were frozen. No timeframe was given for how long the freeze would be in place, and no indication was given of how heavy user losses were expected to be. […]
How To Cash Out Your Bitcoin In New Zealand
One of the common questions we have from Bitcoin investors is: How to turn your coins back into cash? When selling your Bitcoin the process is always the same; first you need to agree to a price. Using the spot price on coinmarketcap.com is usually a good starting point. Secondly you need to arrange a […]
What Is The Lightning Network?
There have been many arguments against Bitcoin since its inception, but probably the most relevant one today is that of scalability. The truth is, Bitcoin is slow and expensive in its current form. The ability of Bitcoin to scale is simply non-existent during high volume periods. If you were active during the 2017 bull run, […]
Analysing The Bitcoin Bear Market
I’m sure you’ve heard the investing philosophy “be greedy when others are fearful, be fearful when others are greedy” – a quote from famous stock investor Warren Buffett. But there’s more to this quote than people interpret on the surface. The quote basically tells us to be contrarian when it comes to market cycles, but I […]
How Bitcoin Works (For Tech Dummies)
So Bitcoin is cool and all, but how does it actually work? Like what is happening under the hood? You’ve probably seen people talking about mining, immutability, hash rates, algorithms but for us tech noobs, we usually just gloss over that stuff. But you can’t do that forever. Eventually you need to read about this […]