Cryptocurrency

Cryptocurrency

The ultimate 10 step guide to crypto investing

Step 1: Understand why you want to invest in crypto Why are you considering investing in Bitcoin and other cryptos? If the answer to this question is unclear, or anything remotely close to “dunno, but I heard it can make you rich”, then there’s a lot more research you need to do before making the leap into crypto. Now I’m not saying that your motivation for getting into the market to gain monetary wealth is unworthy. There are plenty of people in this space who have this as their primary drive,…

Cryptocurrency

The top 10 cryptos explained

With over 1500 cryptos in circulation and new tokens being introduced all the time, it’s almost impossible to stay up to date with the market. Luckily, only a handful of these truly influence the industry, so understanding what these cryptos do and how they work is key to understanding the whole space. In this artcle we’ll take a quick look at 10 of the most important and interesting cryptos, and simply explain what they do and where they’re going. Bitcoin (BTC) Short explanation Internet money and digital gold. Longer explanation Bitcoin…

CryptocurrencyMarkets

Is the crypto market a bubble? What history can tell us

Sir Isaac Newton was undoubtedly one of the smartest men in history. But not even he could outsmart the nature of economic bubbles. He invested his life savings in the South Sea Bubble of 1720, and lost today’s equivalent of £4 million, causing him to quip after the crash: “I can calculate the movement of the stars, but not the madness of men” So if not even Sir Isaac Newton can foresee a bubble and act rationally, what hope do the rest of us have? For one thing, we have hindsight, and…

Cryptocurrency

Cryptocurrency Trading Bible Four: Secrets of the Bitmex Masters

“Do you Mex?” I heard those words whispered to me on an elite crypto trader forum one fine evening as the sun sank in the late summer twilight. It sounded like the chant of the drug dealers who used to chase me through Washington Square park when I was a kid at NYU. “Smoke? Smoke? Hey. You smoke? You Mex?” Pablo wants to know if you Mex? I stared at the screen. Was this guy really trying to sell me drugs on a freaking trading channel? “What the hell are you…

BlockchainCryptocurrency

Digital Economies: Macro Narratives for Blockchain and Digital Assets

Since the introduction of Bitcoin, a lot of attention has gravitated towards the blockchain and cryptocurrency space. However, media headlines constantly focus on the price action of cryptocurrencies and miss the bigger picture. The more interesting story to tell centers around the convergence of many macro narratives which has led to blockchains and new digital economies. Excitement around the potential of blockchains and digital assets, including cryptocurrencies, can be summed up by a deceptively simple idea: “Blockchains allow us to create digital jurisdictions that are not defined by geographic borders.” Blockchain-based digital jurisdictions are conceptually…

Cryptocurrency

Cryptocurrency Trading Bible Three: Winning in Sideways and Bear Markets

All trading is gambling. Some people refuse to believe it but that doesn’t change it. As a society we’ve managed to dress up the big stock exchanges with an air of refined superiority. It’s not a game of chance or a numbers racket. It’s “investing.” “Real’ investors like Warren Buffet look down their noses at more volatile derivatives markets and cryptocurrency because they’re not civilized. Surely he’s right and the New York Stock Exchange is not the same as trading Bitcoin on Poloniex or playing Poker in Vegas? The major…

Cryptocurrency

The Five Keys to Crypto Evolution

So the doomsayers were right all along. Crypto was nothing but a bubble and it finally burst. Good. Maybe you’re surprised to hear that coming from me, someone who’s dedicated more than a few words to the power of crypto to change the world. Did I suddenly have a change of heart? Did I jump on the Paul Krugman bandwagon and finally realize that Bitcoin is evil? Did I join the naysayers who laugh with glee every time the price drops and arrogantly shout that Bitcoin is going to zero? Nope.…

Cryptocurrency

If Crypto Was Around During My University Econ Classes…

Learning about cryptocurrencies has been an interesting lesson in the history of economics and money.   The more you go down the “rabbit hole” of crypto, the more you find yourself revisiting the fundamental principles of micro-, macro- and international economics. I’m sure that if crypto existed when I took these courses in university, I would have been a much better student. Whether you’re for or against cryptocurrencies, it nonetheless represents an interesting real-time economics experiment worth paying attention to. Presented below are some thoughts on the cryptocurrency phenomenon. It is…

Cryptocurrency

Cryptocurrencies for science: Asset-backed tokens for science

This post explores the idea of creating cryptocurrencies, and more specifically, “asset-backed tokens”, to finance scientific assets. This post is the first of a longer series exploring how commercializable scientific risk profiles could potentially be recorded, structured, and financed leveraging blockchain technology. Many of the innovations in our society today are built on the foundation of scientific breakthroughs. Scientists spend a painstaking amount of time to uncover and understand how things work (“basic research”), and apply these learnings to create new goods and services (“applied research and commercialization”). While we…