Whether it's big price increases or drops…
Growing mainstream interest…
Or major developments being tested…
There's never a dull moment in the world of crypto.
And last week, was no different.
We saw a major institution scoop up Bitcoin, a double-digit price rise from coin and a Bitcoin prediction of $20,000 by the end of 2020.
Here are all the details…
_______... ››› more
Last week I mentioned that the worst was finally over for America and that I expected the Dow Jones to hit new all-time highs.
This was based on three things…
• The boost in confidence as the economy was starting to re-open.
• Two bio-tech companies announced the progress of future vaccines for the coronavirus.
• The federal reserve to inject $600 billion for SME (Small-Medium En... ››› more
Over the past few weeks, many clients have contacted me to discuss their prospects in the face of looming retrenchment and salary cuts. Some are facing early retirement; others have been forced into unpaid leave which means their savings are starting to suffer. All of them are afraid of what this means for the future.
There is no question, the economic impact of the Covid-19 pandemic and the r... ››› more
I bought my first shares in the midst of the 2008 financial crisis.
My first buy was Old Mutual shares, and the price rose by more than 211% in the 18 months following my buy…
I rolled some of my returns into a property company, and an industrial stock - in the end I turned a couple thousand rand as a student into enough money to pay for my studies, put down a deposit on my first propert... ››› more
“Hi Timon, I'm looking to risk around 4% per losing trade to make 6% per winning trade on average.
According to my backtested strategy, I should make 5 winning trades and 5 losing trades per month.
Could you please tell me what percentage return I should expect per month, given the above trade specifics?”
A. To find out the percentage you expect to gain per month, w... ››› more
Earlier this year, I wrote about IOTA's Coincide project, which will essentially solve the crypto's “centralised” problem.
You see, up until now, IOTA relied on something called the Coordinator, which ensured its network ran smoothly and efficiently. By using the Coordinator, IOTA wasn't truly decentralised as cryptos were set out to be.
Two weeks ago, IOTA announced that specificati... ››› more
On Monday (11 May 2020), the Bitcoin Halving event took place for the first time in four years.
This was where the miners reward for Bitcoins per block was cut by half, from 12.5 Bitcoin down to 6.25.
I told you I expected Bitcoin to rally in the next couple of months.
Not only because, historically the Bitcoin price rallies after every Bitcoin Halving event but because there is on... ››› more
Did you know there a number of problems that can arise when crypto trading or exchanging?
Not all exchanges support the necessary coins or trading pairs.
You also need to trust the exchange you're using in case your cryptos disappear.
And of course, you have to pay certain fees like commission for exchanging cryptos.
The good news though, is there's a technology that can solve these... ››› more
Just how a money-market account pays you interest…
And just how certain shares pay you dividends…
Cryptos can generate investors a passive income too!
It's not known as a “crypto dividend” or “crypto interest”…
Prediction: These two digital currencies will lead the crypto resurgence
__... ››› more
Q. “I have read that there will be a Bitcoin Halving process taking place this month. I guess I have three questions I was hoping you can help answer. What is Bitcoin Halving, bitcoin blocks and when will it end?”
A. These are all great questions as we are expecting to have the next Bitcoin Halving this month (May 2020).
Bitcoin Halving is a process where the number of Bitcoins... ››› more
With so much news flooding our screens, you may have missed Bitcoin's incredible rally to $10k last week.
At the time, that meant Bitcoin grew +100% since its March 2020 low of just over $3,000.
And if you took a punt earlier this year, you'd be smiling right now.
So will this rally continue?
Well that's the question I'm going answer today…
_____________________________... ››› more
Since the start of the corona panic, I've been keeping tabs on which asset is weathering the storm the best.
And not surprisingly, crypto is doing the best by far - at least for now.
After a 16% jump in less than 24 hours last Thursday, crypto is now 31% up year to date (YTD).
• The S&P 500 is now down 11%.
• The JSE All Share is now down aroun... ››› more
You may have heard of the Butterfly Effect.
Chaos theory predicts it is possible for the flap of a butterfly's wing in China to cause a hurricane in the US. Though this sounds like fantasy, we may actually be witnessing one of the greatest “butterfly effects” in history.
A little while ago, likely in 2019, a single virus particle made a jump from bats to humans. In terms of scale, this... ››› more
Things are tough right now. 2 million people are receiving UIF payments this month, instead of their normal salaries.
You might be worried about your business, your job security or how you'll pay bills at the end of the month.
And now banks are offering you a ‘Payment Holiday'.
In fact, some banks have offered payment holidays to clients even when they haven't asked…
Now, befor... ››› more
Over the long-term cash isn't the best investment, it underperforms in times of economic prosperity. And impacts portfolio returns as it barely keeps pace with inflation. But in times of increased uncertainty and a stock market sell-off like we've just experienced…
Cash is King… Its value is less volatile than riskier assets. But you should be ready to deploy the cash when the time is rig... ››› more
Traditional currencies, like the US Dollar, Euro, Yen or Pound are all inflationary in nature, due to the very fact that central banks can print them at will. This means fiat money loses value every day as its purchasing power is reduced.
Bitcoin on the other hand, is widely considered to be a hedge against inflation.
That's because Bitcoin's supply is capped at 21 million and it's pre-pro... ››› more
Headlines this morning will be dominated by the fact that WTI traded at -$40.32 a barrel before settling at just over $1.
Most retail investors will be thinking they have missed out on the trade of a lifetime when Oil trades above $20 today (when the June contract starts trading).
But the only people who could have made big money buying oil at near zero or negative are those who can take p... ››› more
According to TheBlock - a prominent research, analysis, and news source in the crypto industry, 42 cryptocurrency exchanges have been compromised since 2012.
And the total amount of stolen funds exceeded $1.35 billion!
Obviously, exchanges are not the only ones that suffer losses. Users end up being the victims of the hacks as well.
That's why today, we will analyse the most significan... ››› more
Just in: The South African Reserve Bank just lowered interest rates by another 1%, the second time in a month.
This puts the South African repo rate at a historic low!
We can write essays about what the lower interest rate means for business and consumers. But in short - lowering interest rates historically has meant one thing for gold. Its price goes up!
And as you can see in the c... ››› more
I'm talking about the “Bitcoin Halving”.
You might be familiar with this massive event…But simply, “Halvings” have been a boon for bitcoin investors in previous years.
After the 1st halving in 2012, Bitcoin soared to over $1,000, in just 12 months - a +7,000% gain!
Then following the 2nd halving in 2016, Bitcoin rallied 300% in just 12 months.
The next... ››› more
Disclaimer FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found on this website.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this website.