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

Investing with Bitcoin Futures and Covered Calls for 52 weeks

About 5 years ago I started a simple, so-called 52-Week Money Saving Challenge. The rules for this challenge are very simple - to deposit in the first week one euro, in the second week - two, third week - three, etc. The amount after each week continues to grow, up to the last week of the year when it is 52 euros. The final sum at the end of the investment period equals 1378. For this year's 52-week challenge, I have decided to scale it up…

Investments |

How to Sell Covered Calls on Crypto (Ethereum) on Bybit with Futures

Selling covered calls on crypto might sound like a daunting task, but actually is quite easily doable. Unlike in the stock market, where actual shares are delivered when trading put or call options, in crypto things work a bit differently. The main difference between stock and crypto options - in crypto, options are settled in crypto itself, meaning there is no actual delivery of shares or crypto, just settlement. One way to trade covered…

Trading |

Panorama Restaurant Batumi

Panorama Restaurant Batumi is located on the 36th floor of the Orbi skyscraper on 15b Sherif Khimshiashvili Street. We come here by recommendation in Mid-April 2023. Panorama Batumi is highly recommended because of the views, though the cuisine also is excellent. Places serve typical Georgian and European cuisine. Prices seem a bit above average but are still quite reasonable, for the service received. I believe the place is stunning for…

Restaurant reviews |

Ramon International Airport near Eilat in Israel

Ramon Airport, named after Ilan and Assaf Ramon, also known as Eilat-Ramon Airport, is an international airport located in the Timna Valley in southern Israel. Ramon Airport is the second busiest in Israel (after Ben Gurion Airport) and has replaced the former Eilat Airport and Ovda Airport for civilian traffic. It also serves as the primary diversion airport in Israel. The airport is located 18 km (11 mi) north of Eilat, next to Be'er Ora.…

Airports |

Georgia / Turkey Border crossing at Sarpi

Sarpi is a small village on the coast of the Black Sea of Georgia, on the border with Turkey. There is a border crossing point between Georgia and Turkey. Sarpi is the main land border crossing between the two countries and a major conduit for business travel, especially for Turkish companies doing business in Batumi. Sarpi is located about 12 km south of Batumi and about 20 km northeast of Hopa, Turkey. I used this border crossing quite often…

Travel guides |

Cash and Carry Trade with ETH on Deribit platform

Time after time I like to test some new trade ideas, and this time I decided to give it a try and test the so-called cash and carry trade with Ethereum. A cash-and-carry trade is an arbitrage strategy that exploits the mispricing between the underlying asset and its corresponding derivative. The key to profiting from this strategy is the eventual correction in that mispricing. Long story short, for the past couple of years I trade options with…

Trading |
Embedded thumbnail for From Hot Pools to Frame Houses: Our Adventure in Kavtiskhevi

From Hot Pools to Frame Houses: Our Adventure in Kavtiskhevi

From fishing to flying drones, trying Georgian beer, and staying at a beautiful resort with hot pools, there's no shortage of exciting things to do in this picturesque region of Georgia. One of the highlights of your trip was undoubtedly the opportunity to visit Ekaterina Jinoridze's village and explore some of the best places nearby. With its stunning scenery, charming architecture, and friendly locals, Kavtiskhevi is truly a hidden gem that…

Living in Georgia |

Shopping in Batumi: Metrocity Mall

Metro City Forum is one of the largest shopping and entertainment centers in Batumi in terms of its area. The building, with an area of over 35,000 sqm, with a unique design is becoming a new landmark for the area.  A located bit outside of the city center, the shopping mall is reachable by public transport, taxi or if you prefer by walk.  I wouldnt call it a shoppers paradise, more like an outlet with lower priced items and few dining options…

Shopping Venues |

Tbilisi Hills Golf Resort with Residences

As the name suggests - Tbilisi Hills Golf & Residences is a place that offers golf and real estate. Kind of a millionaires oasis. But you don't have to be a millionaire to enjoy the perks of this place - playing the golf or at least having brunch or a menu at the restaurant. Price per gold seesions are quite afforable and you don't even have to be a club member to play some.  Owned by an Estonian / Russian businessman Oleg Ossinovski,…

Restaurant reviews |

Batumi international Airport

Alexander Kartveli Batumi International Airport is an airport located 2 km (1.2 mi) south of Batumi, a city on the Black Sea coast and the capital of Adjara, an autonomous republic in southwest Georgia. The airport is named after Alexander Kartveli, an aeronautical engineer and aviation pioneer.  I have been traveling back and forth via this airport mostly for domestic Tbilisi or Natakhtari flights by Vanilla Sky. ]This airport is not very…

Airports |

April 2023 Stock & Crypto Portfolio Update

At the end of April 2023, I was managing 3 small investment portfolios. The total value of all portfolios combined was USD 7,035.08 / EUR 6,396.66. Last month our portfolios grow by quite an impressive USD 569.01 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. $3,000 to go before reaching our short-term goal. Portfolio #1 It was a good month…

Investments |

Get Passive Income by Selling Put Options on These 5 Stocks

Investors are always looking for ways to generate additional income from their investments, and one strategy they can consider is selling put options. This strategy involves selling a put option contract and collecting the premium, with the obligation to buy the underlying stock at a specified strike price if the stock falls below that price by the expiration date. If the stock price does not fall below the strike price, the investor keeps the…

Investments |

Boutique Hotel O. Galogre Review in Batumi

Offering a rooftop terrace and free Wi-Fi, this hotel is a 10-minute walk from the Black Sea Coast. The rooms come with a flat-screen TV, and the historic St Nikolay Church is a 2-minute walk away. We have been eyeing Hotel Galogre for many years already, and finally booked it in Mid-April 2023, during Orthodox Easter here in Georgia. We stayed here for 3 nights in a family suite (two rooms) and breakfast included paying only GEL 490, that's…

Hotel reviews |

Herods Boutique Hotel in Eilat Review

Herods Boutique Eilat a Premium collection by Fattal Hotels is a 5-star superior hotel located at the end of Eilat's promenade, on the shores of the Red Sea in Israel. It offers luxurious rooms with a balcony, a swimming pool, and a spa. Free WiFi is available in the lobby. We booked this hotel for a New Year's celebration of 2023 for about 2 nights and paid quite a hefty price of about USD 735 for a stay here. Was it worth the price? Well,…

Hotel reviews |

Tbilisi Adventure Run Fun Race with Caucasus Translations Team

On April 23, 2023, we run our first adventure race in Tbilisi through the spectacular mountains close to Mtstasminda Park. The run turned out a bit harder than I expected, but the result still was awesome and everyone from the team finished. I come up with the idea to have custom print T-shirts for every team member at Caucasus Translations I made this design in Canva, the idea was to raise awareness of the brand name via QR code. We didn't…

Living in Georgia |