In 2015 I bought 8 bitcoins on a whim for $225 each and then forgot about them until the fall of 2021 when Bitcoin climbed to almost $70,000. Suddenly my $1800 investment was worth more than $500,000.
I wasn’t sure what to do… Sell them? Keep them? The problem was that I knew almost nothing about crypto but it was just too much money to ignore so I decided it was time to start learning.
After getting my Firo node setup, I wanted to look for more opportunities to host other master nodes, hopefully ones that would provide a quicker......
I find DeFi is a particularly confusing part of crypto. It seems very abstract and many times the various projects feel like solutions desperately searching......
When looking for master nodes projects I realized there are many projects where the nodes don't require much in terms of system resources, for example......
I've been reading blogs and watching YouTube videos about people making crazy returns in the crypto DeFi space. There are projects suggesting people can earn......
With the crypto market having day after day of losses it's difficult to find anything interesting to invest in. Lots of currencies are "cheap" now......
There is an category of crypto projects which I think of as investment clubs. These projects pool member money in order to make other crypto-related......
Masternodes support a blockchain by validating transactions and adding blocks to the blockchain. Since only one validator is needed per block, different projects have different......
I'm now running master nodes for quite a few different projects. Different projects use master nodes in different ways. In the FIRO project master nodes......
Some of the most understandable businesses in crypto DeFi are the lending and borrowing platforms, like Aave and Compound. These platforms allow users to borrow......
Ethereum mining is dead and most other GPU-mineable coins are currently unprofitable. When Ethereum mining ended all those miners flooded into other coins. Having more......
Over the past few weeks there has been a lot of interest, commentary and hype around BRC20 tokens. I'm normally late to the party for hyped new technologies but maybe I'm not too late for this one. First I wanted to get clear on the difference between a cryptocurrency and a token, which is actually straightforward. A cryptocurrency is the native asset/currency for a blockchain. For example, BTC, ETH, AVAX and ADA are all cryptocurrencies for their respective blockchains. Some blockchains also support the creation of tokens which are digital assets that are created on top of the blockchain. Tokens are generally used by applications running on the blockchain. Therefore it is no surprise that the blockchain with the most tokens is the blockchain with the most 3rd party apps, Ethereum. For example, MATIC is the token of Polygon which is a layer 2 network built on top of Ethereum....... Read more
Don’t invest in crypto unless: 1) you can afford to lose everything you invest and 2) you won’t bitch and moan if that happens. I think of crypto investing like going to a casino… enjoy the free drinks and gambling experience because there is a very good chance the only thing you will go home with is a buzz and nice memories.