Thoughts about cryptocurrencies
17 Apr 2020 1 minute read 0 comments Jumble
Bitcoin is the first successful cryptocurrency. Thus, it has the first-mover advantage. Its first-mover advantage is the advantage that is has as money. At this time, no cryptocurrency other than Bitcoin is thought of as money. Three primary roles of...
14 Apr 2020 1 minute read 0 comments Jumble
At times the ratio for the Bitcoin (BTC) price in $US to the BTC price in Euros is different than the exchange rate. When this occurs, use the following method to make money with no-RISK: sell the higher priced BTC/currency pair convert the funds to...
12 Apr 2020 2 minute read 0 comments Jumble
Think that Bitcoin (BTC) will stay within a specified price range? Then an “iron condor” option trade strategy can be profitable. An iron condor option trade is profitable when price stays between an upper limit and a lower limit. An iron condor uses...
10 Apr 2020 1 minute read 0 comments Jumble
On April 8, 2020, the state of Texas and the state of Alabama wrote emergency cease-and-desist orders for Ultra BTC Mining (UBM). It is alleged that UBM: is not registered to offer securities in the state is a Ponzi scheme. It is believed that UBM...
8 Apr 2020 1 minute read 0 comments Jumble
At this time, the beta release for the new Ripple XUMM mobile app is available for download. Click here to get to the download page for an iOS or android device. The XUMM app is a non-custodial XRP wallet and crypto payment platform. XUMM is a “bank...
6 Apr 2020 2 minute read 1 comment Jumble
The price range for Bitcoin has been large during the past two years During the past two years the range in the price for Bitcoin (BTC) has been large. BTC has gone higher and has gone lower. For a trend or swing trader, there have been many profitab...
2 Apr 2020 1 minute read 0 comments Jumble
For almost one-year, a HODL investment in Bitcoin, Ethereum, Litecoin, or Ripple would not have been profitable. The table and price charts below show the last time a HODL purchase in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) would have been prof...
2 Apr 2020 1 minute read 2 comments Jumble
A recent post showed that most HODL purchases of for Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP) made in 2019 would not have been profitable. What are the results for a 1-year and 2-year HODL investment? Only a 1-year HODL investm...
31 Mar 2020 1 minute read 0 comments Jumble
Use the current version of the Opera browser to buy Bitcoin (BTC) and Ethereum (ETH). The crypto-wallet in the Opera browser now includes an integrated application to quickly buy BTC or ETH. The procedure is easy, and it takes less than 30 seconds to...
30 Mar 2020 1 minute read 0 comments Jumble
During periods of high market volatility, some traders will make a trade after an important news release. At 3:00 A.M. British Summer Time (BST), CNN released in a news report that the United States Food and Drug Administration (FDA) issued an emerge...
