Brother Numsee's Crypto Craze

Brother Numsee's Crypto Craze

Analysis and thoughts on buying, staking, and storing crypto.

Nexo Dispatch #54: Paradigm Shifts – Snoop Dogg and Crypto Lending Audits

30 Sep 2021 1 minute read 5 comments Brother Numsee

A good way to try to stay up-to-date in crypto is to subscribe to and read the periodic e-mails from various exchanges and platforms. One of these is the weekly Nexo Dispatch (from CEFI platform Nexo). There have been 54 issues so far and they are al...

Using CEFI to Dollar-Cost Average and Buy the Dip

29 Sep 2021 3 minute read 0 comments Brother Numsee

Dollar-cost averaging--making continuous small investments periodically in an asset to reduce price risk (effectively obtaining an "average" cost of the asset over the time period)--requires discipline. It can very hard to maintain that discipline du...

Celsius & Bitcoin: 107,000+ BTC in Assets & $200M Invested in Renewable Energy-Fueled Bitcoin Mining in North America

4 Jun 2021 1 minute read 2 comments Brother Numsee

In its search for diversified revenue streams and in the wake of the Chinese government crackdown on mining and Elon Musk's notorious tweet about Bitcoin's energy usage, Celsius has just invested over $200M in renewable Bitcoin North American mining....

Celsius AMA - 6.2% on BTC for All Users & Promo Codes up to $3,150

29 May 2021 1 minute read 3 comments Brother Numsee

Celsius had its weekly AMA today and it was pretty worthwhile. There was a lot of hype about the upcoming Bitcoin conference in Miami and they shared some interesting news. Perhaps more importantly for us, they also came out with some new promo codes...

Nexo's Upcoming Vote and the Irrelevance of Dividends (Modigliani–Miller theorem)

27 May 2021 7 minute read 1 comment Brother Numsee

Nexo will soon be holding a vote to determine if it will continue paying dividends to Nexo holders or begin paying interest on the Nexo token, like it does on other coins. This has prompted a lot of debate among Nexo holders about the wisdom of tradi...

Cómo se puede ganar cripto-monedas gratis en línea sin invertir nada ni saber nada sobre cripto

25 May 2021 3 minute read 0 comments Brother Numsee

Con esta pandemia y la turbulencia en unos países, puede ser difícil o imposible trabajar normalmente. Hay unas oportunidades en aplicaciones de telefonía móvil y sitios de web en que se puede ganar cripto gratis, poco a poco, sin invertir nada ni sa...

Using the Nexo Exchange to Avoid Trading & Withdrawal Fees

17 May 2021 1 minute read 13 comments Brother Numsee

In my ongoing quest to avoid paying fees, the Nexo Exchange is proving very helpful.  I'm tired of paying withdrawal fees and taking time to plan withdrawals efficiently. I'm even more tired of the fees killing my profits. (I sent one AAVE from Krake...

Elon Musk's Cynical Exploitation of the Market: Don't Scoop the Poop!

16 May 2021 1 minute read 6 comments Brother Numsee

In the wake of Elon Musk's ongoing Pump-and-Dump with Doge, he's apparently seen fit to try its opposite, a Poop and Scoop, with Bitcoin. Investopedia defines a Poop-and-Scoop as occuring "when a small group of informed people attempts to drive down...

Bitcoin as a Hedge Against Inflation - Stanley Druckenmiller: “I can’t find any period in history where monetary and fiscal policy were this out of step with the economic circumstances, not one.”

15 May 2021 2 minute read 1 comment Brother Numsee

While Bitcoin and other cryptocurrencies are dropping--and our friends and family take pleasure in reminding us of that on a daily basis--it can become easy to lose sight of long-term strategy and focus too much on short-term tactics. We should keep...

Loyalty and Credit Card Points as Digital Assets

12 May 2021 2 minute read 0 comments Brother Numsee

Loyalty and credit card points have real world value that shouldn't be neglected. While they're not comparable to crypto, they are digital assets and stores of value (and may be more valuable than Doge soon...). They may already be / conceivably will...