Profitable Investing Tips
Best AI Investments
ChatGPT has taken the world by storm and gotten investors looking for the best AI investments. While OpenAI, which created ChatGPT, is a private company, Microsoft is its largest investor and will profit from OpenAI success going forward. Meanwhile, Nvidia stock has soared
Reducing Crypto Trading Counterparty Risk
Binance is looking into letting clients keep at least part of their margin account (trading collateral) in a bank instead of with Binance. In this case, the move toward moving customer assets to banks has to do with reducing crypto trading counterparty risk.
Why Bitcoin Uses So Much Energy
One of the complaints about Bitcoin is that it sucks up so much energy from the electric grid. A recent estimate of how much electricity it takes for mining one Bitcoin is 1,449 kWh (kilowatt hours). This is the average electricity consumption for an American household for fifty days. Here is why Bitcoin uses so much energy.
Are Bitcoin Chart Patterns Accurate?
Are Bitcoin chart patterns accurate or does the issue of Bitcoin wash trading totally gum up the predictive value of technical indicators for trading Bitcoin?
Memecoin Risks for Bitcoin
One unique use of the Ethereum blockchain that has recently crept into the Bitcoin world is a Memecoin named Pepe. Beside being a popular little guy, Pepe poses some Memecoin risks for Bitcoin.
Australian Mining Stocks as Long Term Investments
Successful long term investors look beyond current market fluctuations. They invest in stocks that have long term intrinsic value based on strong fundamentals. In this regard, we are looking at Australian mining stocks as long term investments.
Who Do You Trust to Predict Bitcoin Price Changes?
Bitcoin has risen significantly from its crypto winter lows. How high will it go? Is now the time to buy before it surges to $100,000 as some are predicting? Who do you trust to predict Bitcoin price changes?
Should Gambling Regulation Rules Apply to Crypto?
A novel proposal in the UK is that crypto should be regulated by the same folks who regulate gambling in Great Britain and be subject to the same rules. Should gambling regulation rules apply to crypto?
How Stable Are Your Stablecoins?
How stable are your stablecoins? As time has passed it has become clear that the top stablecoins are, indeed, stable. Backed by the US dollar or, in the case of Tether, backed by Bitcoin as well, these tokens have maintained a one-to-one parity with the US dollar over time.
Can You Invest in Nuclear Fusion?
A reliable estimate is that eventually nuclear fusion technology could be a $40 trillion business. So, can you invest in nuclear fusion and how? When nuclear fusion power plants become a reality, they will not produce any greenhouse gasses or radioactive waste, unlike fossil fuel and nuclear fission-based plants operating today.