SteveBeachy

SteveBeachy

Creating crypto content .


FTX : The Smart Money Isn't Always So Smart

26 Dec 2022 3 minute read 0 comments sjbeachy64

  Photo by Markus Winkler on Unsplash The venture capital invested in FTX amounted to $ 1.8 billion plus over the course of three years with high profile names like BlackRock, Tiger Global and Sequoia investing heavily in FTX. Sam Bankman Fried dec...

Solana : Still a Long Term Buy

25 Dec 2022 1 minute read 3 comments sjbeachy64

Does the coin that flew too high and fell back to earth still have value ? Solana started the year 2021 at $ 1.85 and pumped all year hitting it’s all time high in November at $ 260. An investment of less than $2000 in SOL would have been worth $260...

Coinbase : The Best Crypto Exchange for Beginners

24 Dec 2022 1 minute read 3 comments sjbeachy64

Let’s be real. For someone who is dipping their toes into the cryptocurrency market for the first time it can be a bit overwhelming or intimidating. For this reason I would recommend Coinbase as the logical choice for any newbie based on the intuitiv...

Donald Trump NFT Madness

18 Dec 2022 1 minute read 0 comments sjbeachy64

    All 45,000 Donald Trump Trading Card NFTs sold in 12 hours, and people have spent millions trading them on the secondary market. Many were surprised by Donald Trump’s announcement Thursday on Truth Social when he announced the roll out of ” Trum...

Bitcoin Bottoms : A Look at Two Previous Bear Market Time Frames

18 Dec 2022 1 minute read 1 comment sjbeachy64

Crypto news is full of bitcoin bottom predictions. In January 2022 some experts were predicting bitcoin to drop to the $ 38 — $ 40k range. More recently experts have been predicting the bottom at $ 10 — $ 12k range. In reality the bottom will not be...

Crypto Investing & Loss Aversion Bias

17 Dec 2022 1 minute read 0 comments sjbeachy64

  Nobody likes to lose , especially when it results in losing money. Loss aversion can cause a crypto investor to hold on to a position long after it should have been sold or to sell winning picks too soon. We are socially conditioned to fear losing...

Staking Comes to Chainlink

11 Dec 2022 1 minute read 3 comments sjbeachy64

  Chainlink is a decentralized network of nodes launched on the Ethereum blockchain that power the network through decentralized data providers called oracles. It provides real-world data from third-party sources to on-blockchain smart contracts thr...

Is Solana Dead ?

5 Dec 2022 1 minute read 6 comments sjbeachy64

No doubt Solana has been dealt a heavy blow with the FTX / Alameda debacle . The SOL token plummeted from $ 35 to $ 11 and lost approximately two – thirds of it’s value over a 4 day period. The Solana Foundation held 134.54M SRM tokens and 3.43M FTT...

My Favorite Bitcoin Quotes

4 Dec 2022 2 minute read 3 comments sjbeachy64

  Photo by engin akyurt on Unsplash With all the upheaval and uncertainty in the crypto markets today sometimes it’s a mental break to look back in time to simpler days. The majority of these quotes are from the very early days of Bitcoin.   If you...

Flits Crypto App : A Platform Dying A Slow Death

3 Dec 2022 1 minute read 3 comments sjbeachy64

Photo by Compare Fibre on Unsplash I first discovered the Flits app in May 2021. At the time the FLS token was trading at around $1. I was excited about passive income streams and purchased 2000 FLS tokens and locked them up in masternodes. Ov...