Running python notebooks in Colab can significantly ease your daily tasks. Google provides you some free CPU, and even a small scale GPU that’s perfect for running simple tasks through its hosted Jupyter notebook app called Google Colab. Just run your code on the cloud and interact with your Google Drive files in 6 simple steps.
Is It Now the Time to Replace the Banks with DeFi?
Blockchain innovations keep bringing us new and exciting products. After standard cryptocurrencies, the evolution continued with ICOs (Initial Coin Offerings), IEOs (Initial Exchange Offerings), Smart Contracts, etc. and now it’s time for DeFi (decentralized finance). It’s here to replace banks but it may still be a bit early.
How Much Time Do You Need to Double Your Money?
Benjamin Graham came up with the rule of 72 and mentioned it in his book The Intelligent Investor. The rule says, when you divide the rate of the annual return/interest rate to 72, the result gives you the number of years required to double your money. It’s the most practical way to forecast the growth of your invested savings.
The 3 Business Models I Tried Until My Startup Completely Failed
There are numerous ways to generate an income for your online business and all of them have certain pros and cons over each other. Here is what I learned from 3 different business models I’ve experimented with, before fully admitting the failure of my start-up.
Why Is Bitcoin Futures Better Than Any Other Physically Settled Commodity Futures?
Bitcoin futures are better since, it’s easier to store a digital asset than a commodity. When the contract is about to expire, nobody will push the prices to negative values to avoid physical delivery. After receiving, it’s easier to sell your Bitcoins in a cryptocurrency exchange than to find a customer for your oil barrel.
Is Stock Market the New Way to Fund Bankruptcies?
After declaring bankruptcy, the stock price of the car rental company Hertz spiked around 700%. The retail investors of Robinhood App see an opportunity here, where all institutional investors avoid the stock? Who is right? And what does it tell us about the markets?
The Biggest Wealth Transfer in Decades
businesses and individuals during the Covid-19 crisis and amplified economic inequality. Money is transferred from traditional industry to tech stocks, growth start-ups to rich in cash giants, offline businesses to online businesses.
Is FED Really Trying to Protect the U.S. Economy?
FED has been printing money and buying all the corporate bonds and stocks since the beginning of Covid-19 crisis. Can this really bring long term economical recovery or is it just Powell and Trump’s power play at the expense of U.S economy by creating a big bubble?
Will Bitcoin Halving Lead Its Price to 1 Million Dollars?
What was all that fuss about halving and is it worth talking about this much? In the last couple of months, wherever you looked in the Bitcoin community, from subreddits to crypto twitter, blog posts to medium articles, most of the posts were about infamous Bitcoin halving. Finally, long-waited Bitcoin halving took place on 11th of May,…
What Achilles and Tortoise Have to Do With Bitcoin?
A glimpse at the pre-Socratic Greek era to understand today! Imagine Achilles and tortoise decide to race and tortoise starts the race in front of Achilles, in a distance of A. In order Achilles to pass tortoise, he needs to catch it first. However, to catch the tortoise, Achilles first needs to complete the half…
Time’s Up for Euro, Dollar and All Centralized Paper Money!
Centralized vs Decentralized & Paper vs Digital Just before the Civil War in the U.S. there were around 8000 different local currencies in use(Smithsonianmag, 2012). Also unlike today, two neighbor countries weren’t supposed to use U.S. Dollars to trade with each other back then. Actually, it wasn’t until 1914 that The Federal Reserve Board issued the…
The Ultimate Investment Advice: Don’t Take Trading Tips from Billionaires
They all became billionaires with their unique sets of ideas, not with the tips from the TV! There are many thought leader billionaires like Warren Buffet, John Bogle, Charlie Munger, Ray Dalio, etc. These people are where they are today, because of the way they think, their comprehensive understanding of the markets, self-discipline, and self-awareness among…