If No One World Crypto, What Is Plausible?
While the existence of a one world cryptocurrency isn’t a plausible economic reality, cryptocurrencies can, and do, offer real world value.
How Realistic Is The Idea Of A One-World Cryptocurrency? 2
A one-world crypto or fiat currency is seductive in its simplicity, but doesn’t serve anyone’s economic interest in the long term.
Here’s why.
How Realistic Is The Idea Of A One-World Cryptocurrency? 1
Is it plausible for a single cryptocurrency to replace all fiat currencies?
That is, can there be a crypto-one-world currency?
Why Traders Need To Focus on Asymmetric Returns 3
Everyone wants to make life changing sums by trading bubbles & crashes.
But, pursuing asymmetric returns is very difficult, as illustrated by Newton & Bitcoin.
Why Traders Need To Focus on Asymmetric Returns 2
Understanding how to go about making asymmetric returns is simple enough, but actually being able to do it is not.
Sir Isaac Newton demonstrates why.
Why Traders Need To Focus on Asymmetric Returns 1
Hang around traders or investors long enough and you will hear the phrase “asymmetric returns”.
What exactly are they, and why are they so important?
15 Cognitive Biases Traders Must Know To Be Successful
Cognitive biases are insidious, and are probably affecting your trading profitability right now.
Here is a quick summary of the ones you must be aware of.
Do You Think Like A Zebra In Markets?
Humans have a tendency to fully like, or fully dislike something.
This is the halo effect, and leads to black & white thinking that is inimical to traders.
Are You A Victim Of Overly Simple Narratives?
Humans have an innate need for explanations; every effect must have a cause.
This is part of a narrative bias, which can be dangerous when applied to markets.
Why Successful Traders Cannot Afford To Be Too Optimistic
Do you believe that negative outcomes are less likely to happen to you?
Most people do.
Traders who think so quickly find out otherwise, in painful ways.
