Is Amazon a Buy or a Sell?
Amazon is the company that grew from being an online bookseller to being one of the five top US tech giants with business segments in e-commerce, cloud computing, online advertising, digital streaming and artificial intelligence. It is the reason that many brick and mortar retail businesses have gone out of business. In the depths of […]
Why Did the FTX Collapse Take Bitcoin Down?
You never owned any FTT tokens and never did business with any crypto businesses in the FTX empire. So, why did your Bitcoin holdings fall in value when FTX had a bank run and ended up declaring bankruptcy. Why did the FTX collapse take Bitcoin down and how far will the ripple effect extend throughout the cryptocurrency world?
Crypto Tokens to Stay Away From
After doing their due diligence, Binance said it would be beyond their capacity to bail out FTX. In the aftermath of the fall of FTX and allegations of fraud, the crypto world is wondering who might be next. Now the head of Binance says to stay away from the CZ exchange and its token due to signs that those folks could be the next to fall.
Where Does Technical Analysis Fit in Investing?
A long-term investor uses the concept of intrinsic stock value in order to choose investments that will provide profits over the long term. Where does technical analysis fit in investing, or does it even have a place?
Crypto Is Risky But Not Rigged
There has been a temptation, especially considering the FTC case, to say that crypto is a big setup designed to take people’s money. We would suggest that crypto is risky but not rigged. Impressive results are generally tied to higher risk in the world of investing.
Will the FTX Crypto Exchange Collapse?
Early reports said that Binance and FTX had reached a deal but that seemed to have fallen through and then Bitcoin and the rest took a dive. Bitcoin hit $15,757 before recovering to $16,483. Will the FTX crypto exchange collapse and, if so, will it take more of the crypto world down another step down in crypto winter or worse.
Will Washington Gridlock Be Good for Your Investments?
The red wave expected by Republicans has not been as great as expected but we are still looking at shared power in Congress instead of Democratic majorities. Will Washington gridlock be good for your investments?
Failure of El Salvador’s Bitcoin Revolution
El Salvador made news in the cryptocurrency world in 2019 when it passed a Bitcoin Law making Bitcoin legal tender and exempting money exchanges with Bitcoin from capital gains taxes. Three years later only 1.6% of money sent home by expats working offshore comes as Bitcoin and 86% of businesses have never made a sale in Bitcoin. What accounts for the failure of El Salvador’s Bitcoin revolution?
Divided Government and Crypto Regulation
When political power is divided between Republicans and Democrats, like when party controls the presidency and the other controls one or both houses of Congress, there is typically no dramatic legislation. In the regard we are thinking about divided government and crypto regulation.
How Midterm Elections Could Affect Your Investments
It is time to consider how midterm elections could affect your investments. Voters are thinking about the economy and raging inflation as well as issues like abortion laws. What changes could occur in state and federal governments and should you make any investment changes in preparation?