Posts

Immigration - The Partition of The Western World

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Hi! I hope you're having a great day. I'm going to keep this short so let's get to it.  I'm black and proud. And I realize that many fear acknowledging that races do exist and matter. Europe has been a place for the white race or let me say Caucasians. I don't care whether they originated as some different color in some other place before massively settling in what we know today as Europe. Just like Africa is Indigenous to the black skin folk and Asia to the brown skin folk. if you're to be honest, then you must acknowledge this. Black folk feel a sense of entitlement when Africa is talked about. This is just normal for white Europeans to feel the same when Europe is talked about. All these people have systems and beliefs that they share and practice. If something threatens to do away with that, then they are bound to be retaliation because fear or concern of losing one's identity is worth every penny. This is the problem with migration because it tends to e...

US Economy Determines Bitcoin's Price

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Hey! Welcome to my mind and what goes on in it. Get a snippet below and be sure to leave me a comment.  Many have always believed that Bitcoin and the wider crypto market are their own markets. Well, not anymore. Often, most market participants subconsciously forget that human psychology (especially fear and greed) is fundamental to movements in the price of any financial instrument. For example, it is literally not because of a bad jobs report that markets will move up or down but rather the interpretation of that jobs report which will lead to some form of fear or greed and the subsequent market reaction. Many have downplayed the role of the US Federal Reserve on the wider crypto market as well as the impact of economic indicators coming out of the United States.  Photo Powered by DALL.E3 I will point out just two scenarios that I believe are very fresh in the minds of many crypto investors. Let me begin by going a while back to 2020 when Bitcoin made all-time highs. One cou...

Capitalism : Why I Still Firmly Believe In It

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Hey there! Like always, I say welcome to this episode. The Encyclopedia Britannica Money defines Capitalism as; an economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately owned production is guided and income is distributed largely through the operation of markets. (https://www.britannica.com/money/capitalism)                                                                                   I'm a cautious capitalist. Today, I felt compelled to write a piece about Capitalism to complete and publish my piece on why I still believe in Capitalism. This article has been lavishing in my drafts since 2021 until today when I got to interact with someone on social media after she claimed capitalism was to blame for the curre...

Are We In A Market Bubble? Why I took a Break from Trading

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 Hi! there, and Welcome. What do you know about market bubbles? well, let me first of all explain what I think a bubble is. Take an inflated balloon for example. It takes just a little puncture for all the air to come out. That is to say, a bubble is an inflated stuff. Whether or not that stuff can stay inflated is the most important question.                                                                                                                                       2024 Market Bubble by Dalle.E.3 MS Copilot We are almost through Q1 of 2024 and we have had record-breaking months in February and March with stock and cryptocurrency markets hittin...

Why have I Not Been Part of the Recent Bitcoin (BTC) Rally?

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Dear reader, welcome!  If you know me well, you will probably be re-reading the title again to ensure you read it properly. Yes! you got that right. I have largely not been involved in this rally for several reasons. Some are that:  . I wasn't sitting on cash . I had abandoned my dollar cost averaging (DCA) crypto investing style a long time ago. . Other financial assets and markets were of more interest to me. . Perhaps I was just foolish hahaha However, truth be told,  it did initially hurt to not be part of it, and to make it worse, the only amount of BTC I hold is locked up with one of the brokers I used to trade with. Now I can't access it but hopefully one day. So let's get to the nitty-gritty, shall we? In 2021, I wrote a piece in support of cryptocurrencies, especially BTC. I look at the price today and it still baffles me how I missed the whole move despite calling and forecasting for it to make all-time highs (ATH)by this period. Perhaps the naivety and inexperi...

A Dead 2023 and A New-Born 2024 - My Speech

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Hello fellow reader, glad to have you tune in. For whatever reason, good or bad that brought you here, I still say welcome and wish you, yes you! I wish you well. I know I have not posted here in a while. Trust me I have a lot written down and just kinda hesitate to post them. Mainly because I have conflicting ideas concerning what to post. I ask myself, I'm gonna post about money and finance or am I gonna just post what I'm philosophizing about? The truth is, I hate niches because though I seek fluency in finance, I still believe I can contribute to a lot of areas due to my expansive and open-minded reading and research style. But let's get to it, shall we?                                                                                       Image Powered by MS DALL E3 ...

Information Is Money: Japanese Yen Rally (July 27 2023)

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Hello! My dearest reader, for starters, this is one of that my thought about finance. So, be my guest if you wanna stick around. I understand you may not be interested in finance and of course, you're welcome to kiss this post bye. It's midnight my time and though I cherish the serenity of this hour because of the clarity of thoughts I have when all is dead silent, I still do wanna sleep. Oh! let us get to it haha It is not surprising to say that you must have heard someone say "Information is key". Indeed, I can say without an iota of doubt that information really is key and go further to include that info is money. I have had these words uttered to me countless of times and today, after missing out on a big market opportunity because I wasn't timely enough to get the info, I really had to wait till this hour to flush down these words you're reading. According to Investopedia, the Nikkei is short for Japan's Nikkei 225 Stock Average, the leading and most-...