In this screencast:
1. I explore what Bitcoin and blockchain are - and what they are not.
2. I explain the similarities of blockchain to what banks do.
3. I show where there may be opportunity for a controlled loss*.
* Those who follow me will have seen that I refer to controlled losses quite a lot because that is ultimately what trading is about. Overall, rewards are only derived from controlling losses.
Note carefully - very carefully - that whilst previously I was pretty bullish on Bitcoin, I have suggested moving on from Bitcoin. The rationale for this was because percentage gains elsewhere on other cryptos was better in terms of risk:reward, and developments to come in China and India. The crowd of late comers has arrived on Bitcoin - those of an entrepreneurial mindset will better know to move on to more lucrative pastures and leave the crowd.
The usual disclaimers apply, which means if you lose your money kindly sue yourself.
1. I explore what Bitcoin and blockchain are - and what they are not.
2. I explain the similarities of blockchain to what banks do.
3. I show where there may be opportunity for a controlled loss*.
* Those who follow me will have seen that I refer to controlled losses quite a lot because that is ultimately what trading is about. Overall, rewards are only derived from controlling losses.
Note carefully - very carefully - that whilst previously I was pretty bullish on Bitcoin, I have suggested moving on from Bitcoin. The rationale for this was because percentage gains elsewhere on other cryptos was better in terms of risk:reward, and developments to come in China and India. The crowd of late comers has arrived on Bitcoin - those of an entrepreneurial mindset will better know to move on to more lucrative pastures and leave the crowd.
The usual disclaimers apply, which means if you lose your money kindly sue yourself.
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