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Thoughts about cryptocurrencies


Why Bitcoin is here to stay

17 Apr 2020 1 minute read 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...

Trade Bitcoin in different currencies and make money with no RISK!

14 Apr 2020 1 minute read 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...

A profitable option trade strategy for Bitcoin

12 Apr 2020 2 minute read 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...

Ultra BTC Mining receives a “CEASE AND DESIST ORDER” from Texas and Alabama!

10 Apr 2020 1 minute read 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...

Use $US, EUR, or BTC to Buy XRP in 15 seconds with the new XUMM mobile app!

8 Apr 2020 1 minute read 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...

To profitably trade Bitcoin it is necessary to hold it during a $1000 price change!

6 Apr 2020 2 minute read comments 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...

Most HODL investments made in 2019 Bitcoin, Ethereum, Litecoin, or Ripple lose money!

2 Apr 2020 1 minute read 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...

Results for a 1-year and 2-year HODL investment in Bitcoin, Ethereum, Litecoin, and Ripple

2 Apr 2020 1 minute read 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...

Buy Bitcoin or Ethereum in the Opera browser in less than 30 seconds!

31 Mar 2020 1 minute read 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...

Bitcoin, Ethereum, Ripple, and Litecoin prices increase after FDA announcement!

30 Mar 2020 1 minute read 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...