One of my cousins said something that’s struck a chord with me. He said that he didn’t want to be a 40 year old Dad. He’s 35 now with one kid and he was keen to start trying for his second kid this year. I asked him what he meant. He said he didn’t want to be too much older than he is now to go through the sleepless first six months of his next kid’s life. I’ve been thinking a lot about this since. If I had a kid this year, I’d be 39. When that kid is 10 years old, I’d be 49. If I carried on the way I’m going, I’d be 90kgs. My fighting weight is 70kg. I’d be 20kgs over this. That’s massive! It isn’t just the extra poundage, it’s all the other bad consequences that come with it. Like poor posture, which leads to …[Read More]
You guys have got to check out these books. Following his formula for crushing it and building my personal brand, this blog is going to be about road-testing self-improvement and life hacks. Stuff like minimalism, getting up early, getting a six pack, learning new things, marketing and making more money. At the moment, I’m trying to do 30 days of daily exercise. It’s currently day 4 and it’s 4 x 25 push-ups. Join me in this challenge and let me know how you’re going!
Jesus Christ. What has happened to the crypto markets since the New Year? There is literally blood on the streets. Bitcoin (BTC) is down to USD 9,000 from highs of around USD 20,000 and the whole of the top 100 on coinmarketcap.com are also down at least 50% from their highs just a month ago. Coins like Ripple are down more than this. XRP was around USD 3.65 on 8th Jan and now it’s trading at USD 0.8. If you’ve bought at the high, then you’re licking your wounds. Hope that you haven’t lost too much. The crypto markets are shitting themselves. The newest money that piled in at the end of 2017 have dashed, or they’re holding on whilst their assets have more than halved in a month. That’s the volatility of these markets. It’s clear that fear has taken over. Every day, there’s talk of a regulatory crackdown. …[Read More]
Further to my last post about buying riskier crypto assets, one of the assets on my watchlist was Binance Coin (BNB). This post is about how and why to buy Binance (BNB). How did I hear about Binance (BNB)? I first used Binance, the exchange, when I bought some Verge (XVG). I really enjoyed how easy it was get setup and how easy it was to trade on there, so I had a positive impression of the brand itself. One of the heavily promoted (in terms of visual positioning on the Binance site was the BNB/BTC trading pair. I looked up BNB on coinmarketcap.com and it’s been steadily chunking out significant price rises in recent weeks. So I decided to look into this further. Where do I think that the Binance (BNB) price could get to? Check out this screenshot from coinmarketcap.com taken at 12.45pm UK time on 6th January 2018: …[Read More]
In my last post, I detailed my crypto portfolio as at 31 December 2017. I think it’s pretty solid and it’s made some good gains, and I think it’s set up for some good gains in 2018. But I’m not sure it’s going to 10x in 2018. Let’s take a look at my portfolio again: I still want to Protect The Downside One of Warren Buffett’s maxims is Don’t Lose Money. He says to ‘protect the downside’. This is because losing money makes it mathematically harder to make your money back. If the value of your portfolio goes down by 50%, to get back to where it was, it needs to increase by 100%. That’s why not losing money is Buffett’s starting principle. (Now he might laugh about the idea of protecting your downside within cryptocurrencies but that’s another question!) I think that my portfolio above is pretty good at …[Read More]
31-Dec-17 Prices from Coingecko in GBP Units Total units held Total price paid for units incl sales Avg net cost per unit incl. sales (GBP) Current price (GBP) Current value of holding (GBP) Profit/Loss (GBP) Bitcoin BTC 0.567 £1,158.93 £2,043.97 £9,828.72 £5,572.88 £4,413.95 Litecoin LTC 6.197 £328.89 £53.07 £158.05 £979.45 £650.56 Dash DASH 1.000 £244.00 £244.00 £759.39 £759.39 £515.39 Monero XMR 5.521 £488.39 £88.45 £251.55 £1,388.92 £900.54 Verge XVG 4921.074 £554.61 £0.11 £0.15 £723.89 £169.28 Augur REP 10.792 £152.28 £14.11 £47.87 £516.59 £364.31 OmiseGo OMG 19.449 £145.90 £7.50 £11.94 £232.22 £86.32 Decred DCR 5.537 £377.76 £68.23 £67.88 £375.83 -£1.93 £3,450.75 £10,549.19 £7,098.43 Date of first purchase Overall return Bitcoin 15/05/2017 381% Litecoin 04/09/2017 198% Dash 24/10/2017 211% Monero 24/08/2017 184% Verge 26/12/2017 31% Augur 19/09/2017 239% OmiseGo 25/09/2017 59% Decred 26/12/2017 -1% Percentage of total crypto portfolio Bitcoin 53% Litecoin 9% Dash 7% Monero 13% Verge 7% Augur …[Read More]
I first heard about Decred from Boxmining’s awesome YouTube channel and I started watching the price when it was around USD 35 around September 2017. Since then, I’ve been looking to buy Decred. I had also seen it as an option in my Exodus wallet and it would be easy to ShapeShift some Bitcoin into Decred. It’s been on my watchlist for a few months now and I like it as a coin as opposed to an ICO token. It’s a coin like Bitcoin, Dash, Litcoin, Monero, Zcash. However, what really pushed me over the edge and got me buying Decred in the past week or so was watching a recent great series of 6 short videos between Tai Zen and Decred Jesus, where they discuss what Decred is and whether this is a good investment. I’m going to show these videos in full below: What I like about Decred …[Read More]