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.
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.
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?
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,…
On the 20th of February 2020, you woke up and saw the markets have started crashing, triggered by the news about the novel corona virus, Covid-19. All the stocks kept going down everyday. Once they stopped going down and turned upwards, you’ll most likely buy with the fear of missing out and trapped in a dead cat bounce. Don’t!