The first commodity that an investor needs to know about is gold. Human history is full of stories about gold. Stories and legends about golden cities like “Eldorado,” or people that with a simple touch would turn anything to gold like “King Midas.” Gold is an unbreakable piece of the world’s financial history.
We have evidence from small caves in Spain that humans were interested in this rare metal since 40,000 BC. The oldest gold mine map was drawn in ancient Egypt in 1,320 BC. The first gold coins were found in Lydia, in western Asia Minor, around 610 BC.
The 7th (01 May 2021) biggest by market capitalization cryptocurrency, Cardano, is one of the most interesting projects in the crypto world. In this article, I will give you an introduction to what Cardano is and why it is such a promising project.
Cardano’s vision is to create “an internet of blockchains”. This will allows seamless interchangeability between the blockchains. Cardano will allow, as an example, the flow of Bitcoins into the Ethereum blockchain and vise versa.
Charles Hoskinson and Jeremy Wood, the founders of Cardano, were also involved in Ethereum in its early days in 2013. After two years…
A trading journal is a piece of software that every trader needs to have. A trading journal is the only way for a trader to identify his or her statistical edge, and overall performance. With this tool, a trader can manage his or her risk, track statistics, and even prepare for taxation.
Below, you will find eleven trading journal solutions. Everyone has different needs, so one should do his or her own due diligence.
Michael Covel has dedicated three books on the legendary turtle traders group and their so-called “trend following” trading strategy. This article is my personal view of his work, the lessons I personally took from them, as well as my opinion on them.
This article should not be viewed as a replacement of the book but rather as an introduction or as a side guide. Everybody learns and takes away different things from a book from another.
Although trend following is an old concept, it took form after the Chicago trader Richard Dennis started the turtle traders group. Other historical traders…
Another great indicator for every trader is the Average True Range (ATR) oscillator. In this article, I will analyze its history, calculation, and use.
This indicator has been created by J. Welles Wilder Jr, the same creator of the Relative Strength Index (RSI). He wrote about it in his book titled “new concepts in technical trading systems”, in 1978.
Blockchain technology came to not only revolutionize the financial industry but any other industry imaginable. The tokenization process will help the smaller retail investors get their hands on investments like art, real estate, collectibles, and many more.
On the 11th March 2021, the above image was sold its unique NFT version for $69,346,250. Some might think “why this image cost so much”, and the answer is the reason that the “Mona Lisa” by Leonardo da Vinci cost almost 1 billion US dollars. As “Mona Lisa” can be copied both digitally and physically so can the above NFT. What’s unique though…
Created by the “father of trend following,” Donchian channel is a great indicator for every trader. This indicator is one of the most straightforward in calculation and reading.
It is categorized as an overlay, lagging, and volatility indicator.
Richard Donchian was an Armenian commodities and futures trader and a self-taught market technician. He was born in 1905 and died in 1993, Richard Donchian is been considered as the father of trend following. The most influential book in his life was the book of Jesse Livermore, Reminiscences of a Stock Operator.
In this article, we will dive into the world of cryptocurrencies and I will show you some ways that you could earn your first cryptocurrency tokens for absolutely free.
One of the best ways one could start earning cryptocurrencies is the Brave browser. I have written extensively about this browser in my article ‘A complete guide to Basic Attention Token (BAT) for content creators and YouTubers’. For now, I need to mention that this solution is the easiest to use and more convenient for starting earning your first cryptocurrency, BAT.
This method will help you earn some Litecoin sats by…
This blog is dedicated to investing, the answer to how can effectively use our financial resources to cover our needs, better our lives, and plan for the future.
This article, hopefully, will help us think of different ways in which we can start from zero and put fuel into our investments. We will start with a tabula rasa and think of ways to work our way up. Everyone has “assets”. Something of value that can trade for financial resources, which will later be used to fuel investments.
This asset is the one that every one of us has in common…