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paragism
paragism

paragism

My thoughts on various topics


Tulips Don't Bounce Back

16 Feb 2021 4 minute read 4 comments paragism

"When tulip mania dies down, all that remains are pretty flowers. When bubbles burst, nothing is left but soapy residue.” - Adam Cohen The gardeners love daffodils as they are the ‘repeaters’. They always return yearly with more bloom and bright yell...

Putting Cryptocurrencies at Work with Cakedefi

13 Feb 2021 3 minute read 10 comments paragism

Cakedefi, registered in Singapore, is a platform which focuses on the passive income of cryptocurrency. It allows users to generate a regular stream of cash flow through pooled masternode staking and lending services. The platform was launched in 201...

Matic becomes Polygon - Ethereum's Internet of Blockchains

12 Feb 2021 3 minute read 3 comments paragism

Matic Network was a Binance launchpad project. The token sale of MATIC was a grand success with more than $5 million raised in 2019. Total 19% of supply was allocated for the launchpad. Matic was a project which was trying to address the scalability...

Newdex’s DEX aggregation aims to solve the liquidity issue of EOS DeFi

10 Feb 2021 3 minute read 3 comments paragism

DEX (decentralized exchange) vs. CEX (centralized exchange) is a big debate. Which one is better? Normally all traders enter into the crypto world through CEXs. A CEX provides you with a fiat gateway and an easy interface for trading but you really h...

Crypto Passive Income Guide - 2021

8 Feb 2021 8 minute read 28 comments paragism

“If you do not find a way to make money while you sleep, you will work until you die.” - Warren Buffet Trading is one way to make money in the field of cryptocurrency but there is no assurance that you will book a profit. Trading also involves substa...

Ethereum’s Sister Chain XDai Stablechain Looks Promising

7 Feb 2021 3 minute read 2 comments paragism

Cryptocurrency is often condemned due to its extreme volatility. The green candles of the chart turn into red very quickly. Volatility can be a trading opportunity but using cryptocurrency as a medium of payment is often problematic due to this reaso...

Is it too late to get into Bitcoin?

5 Feb 2021 3 minute read 19 comments paragism

Bitcoin price has been hovering above $33,000 since the past 2-3 days. The market capitalization is $600B+ now and Bitcoin has stayed above this level only 27 days till now. The number one cryptocurrency broke all records and created new ATHs continu...

Understanding Block.one’s ProFi

1 Feb 2021 4 minute read 10 comments paragism

Decentralized finance or DeFi is the latest crypto buzzword. People are really liking the idea of lending and borrowing activity without the intervention of any third party or custodian. Being your own bank is easy nowadays with the help of DeFi. New...

So DOGE pumps again!

30 Jan 2021 3 minute read 7 comments paragism

#dogecoininto1dollar is trending on Twitter. I looked at the price of DOGE. It is up 200%! Has DOGE ever been to a dollar? No, but this price demand keeps on resurfacing.  DOGE, a meme coin with no use case created in 2013 by Billy Markus and Jackson...

Rare CryptoPunks are rocking NFT market

29 Jan 2021 3 minute read 10 comments paragism

CryptoPunks, launched in June 2017, paved the way for digital art on the blockchain. These are 24x24 pixel art images generated by an algorithm. Punks can be male or female. Some rare punks are ‘Apes’, ‘Zombies’ and ‘Aliens’. These punks were the pri...