Over the last year, Bitcoin has increased over 1395%, even after a $2000 drop on December 21, 2017, and everyone seems to want a piece of its breakthrough success. Bitcoin is arguably the hottest topic in finance, yet few people understand it. What is Bitcoin? Bitcoin is the gold standard of cryptocurrencies. At its root, […]
Cryptocurrency
3 Key Concepts in Valuing Cryptocurrencies
I can’t stress enough – cryptocurrencies are assets that should be considered very risky. If you are not comfortable with losing your entire investment, you should likely look for other investments. This article assumes an understanding of stock valuation fundamentals and the blockchain. Since my first article, Going from Stocks to Bitcoin, My First Purchase, […]
Going from Stocks to Bitcoin, My First Purchase
What is bitcoin? What is cryptocurrency? What is the blockchain? There are a lot of question that come up when you start talking about bitcoin. Deciding whether this is a new asset class you should add to the mix vs. an internet fad used to purchase illegal good can be hard. Here how one person navigated the muddy waters and made their first investment in bitcoin.