What the FTX? What the bleep happened... and 4 easy steps to take now.

Uncategorized Nov 12, 2022

This short video will walk you through what happened with FTX.

These types of videos are normally reserved for just my investors, but I wanted to get the word out to a larger audience this time. I'll also walk you through four easy steps you can take now.

 

 

Some links referenced from the video are below:

Hardware Wallet - The hardware wallet that I current use is a Ledger Nano X. I have no connection to them, and this is just a link to their product info: https://shop.ledger.com/products/ledg... 

Buying Bitcoin - Swan Bitcoin is who I stack sats (make regular Bitcoin investments) with. I'm very impressed with their team and integrity. This link gives you a free book and we each get $10 in BTC in our accounts. You can use this or just go to Swan Bitcoin directly. https://www.swanbitcoin.com/avidintent

Mining Bitcoin - Avid Intent helps everday investors safely get involved with Bitcoin - even if they aren't a tech guru or financial wizard. Our miner share program...

Continue Reading...

Discover 21 Million Reasons Bitcoin is Different - Even In This Economy

Uncategorized Sep 19, 2022

Things are a bit crazy in the economy now and a lot are hurting because of this, and perhaps even starting to panic.

Let's provide a little hope and perspective, because panic is frankly over-rated.

Many have been financially impacted from the increased inflation in the last few quarters. Millions have  watched their 401k balances drop and it's no fun to see years of work saving seem like it is sliding away into nothing.

While politicians squabble and blame each other about this  - there’s another factor to look at. 

That factor is the total supply of the US Dollar.

Our country’s total money supply recently went through the roof, starting in late 2019. 

Much of this was the Fed doing its best during the pandemic. There was no ill intent at play by their actions. They only have so many levers available to them to change things. However, the money supply increased a massive 40% in a few years with these changes.

This graph from the...

Continue Reading...

5 Reasons Why You Should Mine Crypto Instead of Just Buying Coins

Uncategorized Apr 27, 2022

As a crypto mining enthusiast, one of the top questions I get is “can’t I just buy the coins and get the same gain?”

 

It’s a really great question. 

 

Why go through the effort of figuring out which miner to purchase?

And then you need to also figure out where to host it, what pools to join in and how to handle the tech and other issues that pop up. 

That sounds like a lot more effort than just buying a coin on an exchange in a few clicks, right?

What I’ve found is that, even with that effort, it’s worth doing.

Let’s go through five reasons that mining crypto makes more sense than just buying coins:

1. You get to be the Visa of crypto when you mine. What? Well, the Visa network takes a percentage of every transaction on their network, all the time. Bad economy? They take a percentage. Good economy? They take a percentage.  Crypto mining is similar to this. When you mine a cryptocurrency, you gain both from the...

Continue Reading...

Just What Is Crypto Staking… and Why You Should Care?

Uncategorized Mar 19, 2022

NOTE: With all of the changes and bad actors, we no longer recommend staking as a strategy nor do we recommend interest-earning crypto accounts. The original story will remain below for transparency. At this time, we recommend holding (known as HODLing) Bitcoin in a private hardware wallet.

 

 

With the S&P 500 and other traditional stock market indexes down so far in 2022, coupled with high inflation, many investors are beginning to look at different investment options. 

 

One interesting option that many are beginning to explore is in the crypto world is called "staking". Some offerings include using “stablecoins” (their value is tied to the US Dollar), and with staking or “earn” accounts, investors can enjoy 8-12% annual interest.

 

So, just what does this mean? And why should you care?

 

Let’s first quickly talk about a parallel from the traditional banking world.

 

So, when you put your money into a...

Continue Reading...

How Crypto Investing Can Be Like Having Your Toes On the Tiller

Uncategorized Feb 21, 2022

Toes on the Tiller

 

Sometime in the 80s, as a young boy, I was on a sailing trip with my family. 

 

We were doing a normal “come about” (sailboats tack back and forth to catch the wind), as we did many times a day. 

 

Everything seemed fine.

 

However, for whatever reason, the boat wasn’t responding. 

 

We were getting closer to the waves crashing into rocks on a small island. 

 

My Mom, who couldn’t swim, gripped on tight to something. Her face went white and she couldn’t talk.

 

My Dad, myself, and our awesome Captain Roger, lept to action.

 

Time stopped for a moment when we then heard a snap and the wheel went loose. 

 

Steering was gone.

 

We could feel the spray of the whitewash and the waves. We were seconds away from hitting the rocks and running aground. 

 

Roger quickly told my Dad and I a few things to do, and this normally relaxed Captain moved like...

Continue Reading...
Close

50% Complete

Stay In The Loop

We'll share our next learning opportunities with our email list. We don't share data with anyone.