Is Leveraging Legacy Assets To Buy Bitcoin A Good Strategy?
Leveraging assets held in the legacy financial system in order to purchase bitcoin may be a strategy for investors with a certain risk profile.The following article is an opinion piece and is not intended to be financial advice.“Ask yourself: Is bitcoin going up more than 3% every year? Then it is a mistake not to maximize your exposure at the current rate of inflation. Any loan you can roll forward for a reasonable amount of time is good. A loan with a 10- to 15-year mortgage against your property is a no-brainer.” — Michael SaylorBitcoin is the best insurance against inflation. The....
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Oracles are necessary to bring off-chain data and information into the blockchain Money’s Oracle blockchain technology is building the mechanisms used in the legacy financial system for the cryptocurrency space Money is also working on the Decentralized Finance equivalent of a credit score, which delivers a user’s DeFi history to lending protocols Leveraging trust in […]
In an age when the need for digital privacy is more apparent than ever, the legacy of the cypherpunks, Bitcoin’s root collective, lives on. The post Crypto Art Of Resistance: Remember, Remember The Legacy Of The Cypherpunks appeared first on Bitcoin Magazine.
Cryptocurrency as a New Method of Payment A few years ago, there was little that owners of cryptocurrencies could do with their coins other than wait for their value to grow or cash them out. If they wanted to use their digital assets to buy something, they had little choice but to exchange their coins […]
In this morning's bitcoin price watch article, we outlined the trade we made overnight according to our intraday, intrarange strategy, and suggested that for today's European session we would revert back to our more traditional breakout strategy and try to scalp a few dollars on any volatility in the bitcoin price. Action has now matured throughout the day, and it turns out the strategy switch was a good move, with price breaking to the upside midafternoon and reaching our predefined target almost to the cent, before reversing to correct a little to the downside. So, as we head into this....