In part 1 I described the major differences between bitcoin and Ethereum and in part 2 I spoken about the protocol uncertainty in ethereum’s future vs. bitcoin’s ossifying protocol. In part 3 I return to my investment thesis, which is the reason I remain predominantly bitcoin focused. Primary investment thesis (5-10 years) Store of Value … More BTC vs. ETH PART 3: Investment Thesis
Posted on 30 Oct, updated in Nov I expect that bitcoin will a new record high, surpassing the December 2017 high, before Q2 2021, perhaps sooner. All Time Highs (ATHs) optically appear expensive, but this event will merely confirm the next phase of the bull-market. I’m preparing for the bull-market to last another 3 quarters … More Preparation for bitcoin All Time Highs
Since the August 14 Bitcoin Bulletin “Accumulation Phase Intact”, bitcoin has gained by 10.6% from $11,770 to $13,019. The data I’m looking at suggests we’re firmly in the accumulation phase with limited signs of market froth. Retail and institutional interest looks contained, which indicates the corporate treasury decisions and potentially High Net Worth’s are moving … More Bitcoin Bulletin: All aboard the train
Dear new bitcoiner (useful for all HODLers), Congrats on dipping your toes into the bitcoin waters. Bitcoin has the potential to generate significant benefits for you, your family and your portfolio. Benefits will also accrue to our communities as we gravitate towards a sounder money world. In this note I contextualize historical bitcoin volatility so … More Contextualizing historical bitcoin volatility: Expect 30-40% drawdowns during bull-markets
BTC vs. ETH Part 1: Basic Differences between bitcoin & Ethereum I’m often asked, “why bitcoin?”, “why not ethereum?” and “what about diversification into cryptocurrencies?” There’s a lot that can be said on this topic so I’m going to break it up into bite-sized chunks. In part 1, I’ll tackle the similarities between bitcoin and … More Bitcoin, Ethereum or Crypto?
TLDR: Emergent crypto banks offer an attractive opportunity, which highlights the innovative potential of crypto vs. ridiculously low rates and high fees in traditional banking. Obviously, crypto yields don’t come without their risks. One could even argue that centralised finance is completely against the ethos of bitcoin. KYC, custody, credit risk and ethical concerns must … More Crypto Banking: Yield, Opportunity and Risks
I’m often asked, “how much crypto should I hold?” Difficult question to answer. It depends on your conviction in the asset class. One thing is clear in my mind, if you have any interest in managing your personal finances and aren’t living pay-check to pay-check, your allocation should be greater than 1%. In this article … More Bitcoin is a no-Brainer Allocation | Get off zero!
This is a research piece on the bitcoin arbitrage opportunity between South African exchanges and global exchanges. It’s not relevant for non-South African readers. Concept Bitcoin (BTC) is purchased through BTCZAR markets in South Africa, which is different to BTCUSD markets globally. When converting the BTCZAR price into USD, we tend to see a spread … More Bitcoin Bulletin: Arbitrage opportunity on ZAR-USD bitcoin spread
The recent gold all-time highs supports the store of value theme, which further increases my confidence for bitcoin’s price prospects over the coming quarters. Technical analysis suggests that the price rise above $10,000 is an important development for bitcoin, but the price remains well below all-time highs, which would be the final confirmation of the … More Bitcoin Bulletin: accumulation phase intact
Subsequent my March 2020 post “Protect Capital: The Case for Gold” the yellow metal has rallied 20% to all-time highs of $1975/ounce. Record highs incorrectly suggest to some that gold is expensive and that the rally is long in the tooth, but evidence refutes this inclination. Volatility and drawdowns should be expected, but current gold … More Gold thesis intact after ATHs
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