Archive: crypto investing

Crypto Insider: Bitcoin Falls While AI Cryptos Rally

By Early Investing on May 31, 2023

Bitcoin dropped around 8% in May — its first monthly loss of 2023. There are a few factors that drove it down, including continuous inflation, high interest rates, and bitcoin decoupling from the Nasdaq.  But while bitcoin is falling, AI cryptos are soaring. According to CNBC, SingularityNET (AGIX) rose as much as 19% last week. Cortex (CTXC) rose 6%, Measurable Data Token (MDT) rose 6.5%, and Fetch.ai (FET) rose nearly 5%. The AI crypto…
Last July, Coinbase asked the SEC to undergo a formal rulemaking process for crypto so that exchanges, crypto startups, and the crypto community at large would understand how to operate. The SEC sat on the request and chose not to respond to it. So last month Coinbase…
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Timing the market is a fool’s errand. I’ve written and said that sentence often enough that if there’s ever a Comedy Central roast for me (not going to happen, but still fun to dream about), it will be used to make…

Get Your Investing Mojo Back

By Vin Narayanan on May 12, 2023

Crypto Market Musings Bitcoin is trading around $27,000 as of this writing and is down about 6.5% over the last seven days. Ethereum is trading around $1,800 and is down about 4.5% over the same time period. Welcome to crypto allergy season. Some weeks will be good. Some…
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We’re in crypto allergy season — a time between the end of the crypto bear market and the start of the next bull market. That means cryptos are no longer moving in lockstep. Some will do well and some will struggle — especially altcoins. But the…
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Behind the Pick: A Newcomer Crypto That’s on a Roll

By Early Investing on April 28, 2023

The crypto market is in a weird place. The bear market isn’t quite over, but it’s unlikely to spiral downward for an extended period of time. It’s in a kind of volatile recovery mode. Investors must be extra careful in a market like this. It’s easy…
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Crypto Monitor: Exploring the Crypto Adoption Curve

By Early Investing on April 14, 2023

It’s a mixed bag for crypto adoption news this week. On Monday, Pew Research Center reported that of the 88% of Americans who are aware of crypto, 75% of them are not confident that current ways to invest in, trade, or use crypto are reliable and safe. In…
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Three Cryptos to Stay Far, Far Away From

By Vin Narayanan on March 16, 2023

It’s tough being a crypto investor. Unlike stock market investors or even startup investors, crypto investors typically have to deal with significant information deficits. There simply isn’t as much information about many of the coins out there. What information there is requires a significant amount of effort to…

Crypto Insider: Tune Out Extreme Crypto Predictions

By Early Investing on March 8, 2023

Since its inception, cryptocurrency has been a divisive concept. There have always been believers and critics, and some of them have expressed extreme opinions and predictions. Like Galaxy Digital CEO Mike Novogratz, a bitcoin bull who said he would get a crypto tattoo once bitcoin hit…
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Behind the Pick: This Crypto Has an Optimistic Future

By Early Investing on March 3, 2023

Long-term crypto investors need to be somewhat optimistic. We know that crypto investing is risky, and no investment is guaranteed. That’s why we need to believe that the crypto industry will continue to grow and that the projects we invest in have a shot at success.

Why CBDCs Aren’t a Threat to Crypto

By Yasmin Sharbaf on February 24, 2023

Crypto Market Musings One of the catalysts for our current crypto bear market was the collapse of Terra in early 2021. As a refresher, the algorithmic stablecoin TerraUSD failed to maintain its $1 peg. That caused its companion coin Luna to collapse. The twin collapses rocked the crypto…
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New Pick: An Optimistic Crypto With Forward Momentum

By Vin Narayanan on February 24, 2023

I used to write about horse racing for a living. It was a long time ago. And it was fun! I loved going to the track and talking to trainers, watching people place bets, reveling in the ferocious thunder of hooves hitting the dirt in the…

Crypto Insider: Crypto Taxes 101

By Early Investing on February 22, 2023

With tax day just two months away, many crypto investors are likely combing the internet for guidance on how to do their crypto taxes. Finding straightforward instructions is no easy feat. Crypto is such a new asset class, tax guidelines around it are constantly evolving.  Fortunately,…
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Crypto Monitor: The SEC Might Be After Crypto Staking

By Early Investing on February 17, 2023

Crypto stakers, look out — U.S. regulators may be coming for you. Coinbase CEO Brian Armstrong alluded to a troubling rumor last week on Twitter: We’re hearing rumors that the SEC would like to get rid of crypto staking in the U.S. for retail customers. I…
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New Pick: With Great Risk Comes Great Reward

By Vin Narayanan on February 16, 2023

We talk about risk all the time in investing. In the stock markets, companies can fail or not meet expectations. And if that happens, stock prices can go down or tank. In real estate, a property’s value could drop over time. Or it might not generate as much…
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Last week, we added Osmosis (OSMO) to the Crypto Asset Strategies portfolio. It’s a decentralized exchange (DEX) for the Cosmos ecosystem. And it’s performing admirably in the middle of a brutal bear market.  Osmosis is a great way to gain additional exposure…