The first step to solving a problem is admitting that one exists. Unfortunately, I’m not quite there yet. Turns out, there’s little time for self-reflection when your workdays consist of meticulously surveilling charts, Reddit forums, and investor corners of social media to make shrewd purchases and sales of stocks and cryptocurrency — all while the workload from your salaried day job steadily piles up.
I’ve always had an interest in retail investing from afar, but this past year has damn-near turned that curiosity into an obsession. An obsession that feels like a high-speed roller coaster complete with exhilarating peaks, unpredictable…
Yes, it tried to harness the star power of Kanye West with a logo featuring shutter shades-era Ye. Yes, Kanye’s legal team got it shut down almost as soon as it was announced in 2014. No, it’s not even close to the only cryptocurrency seemingly launched just for the pun potential.
In 2017, Burger King Russia (where else?) issued one billion of these on the Waves crypto platform, promising to give customers one for every ruble they spent at the fast-food chain. When you got enough WhopperCoins — 1,700, or about $23 in U.S. dollars — you could trade them…
The rise of bitcoin brought with it hundreds of offshoots (called altcoins, or in the case of the truly worthless blockchain currencies, shitcoins). Investors like to pride themselves on an encyclopedic knowledge of the relative strengths and weaknesses of each. And they will explain all that to you. Repeatedly. For hours at a time.
Bitcoin traders are always looking at that next landmark, record-breaking price target. It’s always about hitting the peak, never about the journey. Nobody’s stopping to smell the flowers at $31,719.
Higher Learning. A publication from Medium for the interested man.