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These are some of the strategies you can use for futures

18 Nov 2023 1 minute read 3 comments LeftFooted

These are several ways you can trade futures. You can go long, short or use perpetual contracts. Perpetual contracts are like futures, but they have no expiry date, hence the name. Perpetual contracts are also advisable, and useful, in the crypto...

OpenAI's Sam Altman gets given the boot

18 Nov 2023 1 minute read 0 comments LeftFooted

The now-ex CEO of OpenAi Sam Altman has been ousted, 'fired' by his own company with a startling statement by the board.Just yesterday, the OpenAI board announced that Sam Altman would be leaving the company that he was running. This is surprisi...

Upcoming goals and ideas

17 Nov 2023 1 minute read 0 comments LeftFooted

There's a few ideas that I have for crypto, and not just for crypto, for the coming months. First, and this is an evergreen, I want to buy more BTC. It'll take time, but I'm working on it. Secondly, I've signed up for the Bybit card, and I'm proba...

I missed out on the TIA airdrop and I'm frustrated

17 Nov 2023 1 minute read 0 comments LeftFooted

I missed out on the Celestia (TIA) airdrop, I was late to the party, and now I feel pretty bad about it. I first heard about TIA maybe a few weeks ago and I did what I usually do whenever I hear of a new crypto. I ignore it. The thing is, I've par...

Trading: What is a... 'Greek'?

17 Nov 2023 1 minute read 0 comments LeftFooted

A Greek is a person from Greece. But, oddly, it is a term that's used in finance. The variables of risk that exist when you trade options are called Greeks. So different Greeks represent different risk levels. I know a Greek guy I always meet at t...

Trading: What are Derivatives?

17 Nov 2023 1 minute read 0 comments LeftFooted

In short, derivatives are contracts where a buyer and a seller trade an underlying asset. A derivative doesn't hold inherent value, instead it derives (hence the name) its value from the underlying asset. Derivative is also a blanket term for finan...

Trading: What are 'Futures'?

16 Nov 2023 1 minute read 2 comments LeftFooted

Futures are contracts that are executed in a very specific manner, at a very specific time in the future. The whole point of a future contract is to mitigate risk. You assume certain market conditions will exist at a certain time, and so you contra...

Trading: What is an 'Option'?

16 Nov 2023 1 minute read 0 comments LeftFooted

An option is a financial instrument that's valued based on the underlying security, for example stocks, bonds, commodities or foreign currency. When you transact the option, the underlying asset follows suit. Obviously, all of that is included in t...

Why do some Amex users act like a cult?

16 Nov 2023 1 minute read 0 comments LeftFooted

I was an American Express client for a few years I applied for an Amex in 2011, upgraded to Gold the same year, and then I decided to give up the card in 2016. Now, I was actually thinking about applying again, but I don't think I will. The first...

Free crypto with Coinbase

14 Nov 2023 1 minute read 0 comments LeftFooted

Coinbase is giving away a 'new' crypto, Vechain, through its 'learning rewards' programme. The reward requires Coinbase only, not Coinbase Wallet, but it'll also require an additional app. The reward amounts to $12 worth of Vechain (VET) and there...