Hi! My name is Reinis Fischer (38), a proud dad and devoted husband. CEO and Founder of Terramatris crypto hedge fund, drone enthusiast, world traveler, photographer, book author and passionate lover of Georgian cuisine (vegetarian).

An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.

Latest articles

Rolling Forward Covered Call Positions on Bitcoin and Ethereum

On July 7, 2023, I rolled forward two covered call positions on Bitcoin and Ethereum, using perpetual futures as collateral. Originally I established these trades on July 3, 2023, buying 0.1 BTC futures at $30,809 and 1 ETH futures at $1,952 and selling call positions with July 7th expiry at $31,000 and $1,950, respectively. As none of the call positions expired in the money, I just rolled to the next week's (July 14) expiry for both positions…

Trading |

Our frame house has suffered significant damage due to the strong winds

Over the past few weeks, I have been fully engrossed in the laborious task of constructing our frame house from the ground up. Unfortunately, amidst the hustle and bustle of the construction process, I have been remiss in updating our progress on this blog. However, I regret to inform you that our endeavors have taken a devastating blow. This past weekend marked a significant milestone as we completed the roof installation and eagerly commenced…

Frame House |

Elia Monastery near Dedoplis Tskaro

Elia monastery is located in Kakheti, in the southern part of Dedoplistskaro, on a double-peak limestone mountain. The Temple of Saint Ilia Tezbiteli is located on Mount Elia since the sixth century. Many people gather here every August 2, on the day of the great prophet, Saint Ilia Tezbiteli. They overnight on a double-peaked mountain and pray at the bottom of the Elia rock. I first learned about this beautiful place from our German friend…

Churches and Monasteries |

How To Get pre-paid unlimited internet in Turkey with eSIM

Staying connected while traveling is crucial in today's digital age, and having access to mobile internet is essential for most people. Turkey, with its rich cultural heritage and stunning landscapes, is a popular destination for travelers from around the world. To ensure you stay connected during your trip, one convenient option is to use an eSIM (embedded SIM) for mobile internet.  During our latest independent trip to Istanbul, I was…

Travel guides |

The Top Beaches to Visit in Tel Aviv: Unwind and Relax by the Mediterranean Sea

Tel Aviv is one of the most popular tourist destinations in Israel, known for its vibrant culture, nightlife, and beaches. With over 14 kilometers of coastline, Tel Aviv boasts some of the most beautiful and accessible beaches in the country. During our latest trip to Israel I had a chance to spend a day in Tel Aviv's beaches and was left with that white envy feeling, how lucky Israelis are, having such nice beaches just in front of their city…

Travel guides |

New Covered Call Positions on Bitcoin and Ethereum

On July 3, 2023, I sold two covered call positions on Bitcoin and Ethereum, using perpetual futures as collateral. At first, I bought 0.1 BTC futures at $30,809 and simultaneously sold a 0.1 call option with a strike price of $31,000 and an expiry of July 7, 2023, for this trade setup I was rewarded with a 0.00155 BTC premium.  Perpetual futures are traded with 50x margin on the Deribit trading platform, and to control futures worth 0.1 BTC I…

Trading |

June 2023 Dividend Income Report

Welcome to the sixty (#60) dividend income report, covering earnings I've made from dividend-paying stocks in June 2023.  Last month we spent both in Georgia and Latvia. In mid-June, the preschool for our daughter finished at QSI Tbilisi, and just shortly we left for Latvia, where we are building a frame house from scratch. The last days of June were quite fruitful and I did most of the framing for our holiday house in Latvia.  From the …

Investments |

Savanna Guest House in Dedoplis Tskaro

Savanna Guest House is located on Mosulishvili Street 51 in the town of Dedoplis Tskaro. We booked this guest house for a one-night stay at the start of June 2023, paying about gel 150 for a separate house with two bedrooms, a kitchen, a shower, a living room, and a lovely outdoor space. We keep returning to Dedoplis Tskaro because of the Eagle Canyon and this time we decided to extend our stay in the area by booking a guest house. and Savanna…

Hotel reviews |

2023 Investment Update: Daily USD 50 into ETH with Leverage on Deribit

I remember the excitement I had a few years ago when I bought my first ETH coin investing 50 EUR and buying about 0.2 ETH. What a thrill, what an adrenaline. Back then I was investing about EUR 50/mo in ETH, BTC, and LTC. My investment was worth about EUR 150/mo. In just a couple of months, I more than doubled my total investment and it seemed the way to go, slow and steady, buy and hold, dollar cost averaging. Fast forward to 2023, I have…

Investments |

Discovering Jaffa: A Memorable Day Trip from Tel Aviv

Jaffa is an ancient port city near Tel Aviv in Israel. Jaffa is known for its association with the biblical stories of Jonah, Solomon, and Saint Peter as well as the mythological story of Andromeda and Perseus, and later for its oranges. Today, Jaffa is one of Israel's mixed cities, with approximately 37% of the city being Arab.  We had a chance to visit Jaffa and meet with our Latvian friend there at the start of 2023 during our latest trip…

Travel guides |

Newest additions to Stock Portfolio: 1 MO at $44.22, 1 BTI at $32.75 and 30 TLRY at $1.64

On June 15, 2023, I bought 1 share of British American Tobacco (NYSE: BTI) paying $32.75, 1 share of Altria Group (NYSE:MO) stock, paying $44.22, and 30 shares of Tilray (NASDAQ: TLRY) paying $1.64 per share for our Dividend Stock Portfolio We are now holding 1 share of BTI, 1 share of MO, and 130 shares of TLRY in our stock portfolio Using dollar-cost averaging our average cost per share: BTI: $32.75 MO: $44.22 TLRY: $3.87 Both MO and BTI…

Investments |
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Rafting & Birthday

June marked a special occasion for the Caucasus Translations team as we embarked on an unforgettable adventure to celebrate Sandra's birthday. The chosen setting? The exhilarating waters of the Aragvi River, offering a unique and exciting rafting experience. Join us as we share the highlights of this action-packed day filled with mcvadi feasts, team building, and an abundance of positive vibes!The Aragvi River, with its twists and turns through…

Living in Georgia |

May 2023 Stock & Crypto Portfolio Update

At the end of May 2023, I was managing 3 small investment portfolios. The total value of all portfolios combined was USD 8,039 / EUR 7,530. Last month our portfolios grow by quite an impressive USD 1,004 One of my short-term goals is to grow portfolios to $10,000. To get there it is planned to deposit additional capital, plus selling options premium. $2,000 to go before reaching our short-term goal. Portfolio #1 Stellar month for our main…

Investments |

Hilton Garden Inn Tbilisi Restaurant on Chavchavadze

Hilton Garden Inn Tbilisi Restaurant on Chavchavadze Street (Vake district) is one of my favorite lunch places in the city - we keep heading to this place for dinner, as our company office is located just around the corner. Also, the business quick & healthy lunch here is among the lowest priced in the city - you can get healthy and delicious food just for GEL 25 (prices as of 2023).  Guests can choose from soups, salads, and starters + get…

Restaurant reviews |

The Carmel Market in Tel Aviv, Israel

The Carmel Market (also, the Shuk Hacarmel) is the largest market, or shuk, in Tel Aviv, Israel. It’s a vibrant marketplace where traders sell everything from clothing to spices and fruit to electronics. Visiting the Carmel Market is a fascinating thing to do in Tel Aviv. The hustle and bustle, vibrant noises, and its reputation as the largest shuk in Tel Aviv all combine to make the Carmel Market a favorite. I first visited this market at…

Shopping Venues |