ethereum

Selling covered calls are one of my favorite income-generating strategies in the stock market. For a time being, I've been selling options on crypto mostly speculative puts and calls betting on where the price won't go, but today I decided to explore what are my chances of selling covered calls on bitcoin or Ethereum on the Deribit platform. Update: This article has been originally written back in May 2020, some things may have changed ever since.  In a normal world, covered call selling is…

Deribit is my latest discovery from the crazy crypto world. It all started with simple buy-and-hold operations back in 2017. What followed was, a day trading on Poloniex,  I even built a custom Ethereum mining rig. I have played with cloud mining contracts from hashflare,  and now I've found my way into Bitcoin / Ethereum options trading. It's not that I would call myself an expert in options trading, in fact, I have made just a couple of put sales in the regular stock market - I tend to…

The cryptocurrency bear market which has started in 2018, has finally hit my humble cryptocurrency portfolio and have vanished all the huge gains I made at the end of 2017. Ethereum (from my portfolio) has been hit the most.  Since the begging with 2018, I have lost about $3,000 virtual money - January and March have hit portfolio the most. It's not that I wouldn't be aware that cryptos are volatile, in fact, from my short crypto investor experience (joined the game in July 2017) I have…

From simple crypto investments (buy & hold), speculative day trades, investments in cloud mining contracts, to building a custom 12 GPU ethereum mining rig. Sound enough? Not for me, it was yesterday I decided to get my hands dirty and understand this blockchain economy better and building a few test ethereum smart contracts. There is one simple explanation I can find for my desire to explore more - just to understand how this blockchain economy works from the technical point of view. You…

Since the beginning of the second half of 2017, I call myself a proud crypto investor - currently investing in the 4 major cryptocurrencies - bitcoin, ethreum, litecoin and ripple. Starting July 2017, using dollar cost averaging I keep buying crypto coins once in the month. So far, the total crypto portfolio shows an awesome 132.98% year to date value growth. Update, lately I've been playing with bitcoin cloud mining contracts from HashFlare, see Should You Invest in Hashflare Ethereum Cloud…

I love testing ideas and even more than just testing new ideas I love testing them using Minimum viable product approach.   I've been in a crypto craze for a while already - started with buy and hold, added little speculative trades, tried an ICO and now even considering to start mining. Totally insane? Well, I can only agree! In fact, that doesn't even sound like me - you see, I like buying and holding, I even enjoy doing a few swing trades once in a while, but to run a mining rig? Totally…

According to coinmarketcap.com website, the total crypto currency market cap in July 25, 2017 is $95 bln. Bitcoin leads the market taking almost half of that =  47.4% or $45 bln, followed by Ethereum with  $20 bln, Ripple $7,3 bln, Litecoin $2,,3 bln and Dash with $1,5 bln. In total there are 828 crypto currencies listed on coinmarket.com in July 2017 TOP 5 crypto currencies by market cap July 2017 As I've investments in 4 out of 5 top crypto currencies by market cap (I hold some BTC, ETH…

Seems that crypto currencies are a hot thing on this blog during this Summer, though it was just recent, not even a month ago, when I decided to diversify my investment portfolio and allocate up to 5% space in it for crypto currency investments (buy and hold here). From my initial investments in crypto at the start of July (see: First Investment In Crypto Currencies - Bought 0.2 ETH for EUR 50) I've lost in value more than -50% in just 2 weeks, see: Crypto currency volatility, lost -54.42% in…

It was in the late evening of July 3d, 2017 when I finally successfully bought my first crypto currency - I paid EUR 50 and get for that - 0.2 ETH. ETH stands for ethereum. Wonder what the heck is that? Don't worry, me neither. Or let' s say this way - I know there have been bitcoin around for about a decade or something, though I don't see any practical reason for using that, while real money is in power. Right? It was so until about two weeks ago, while sipping freshly squeezed orange juice…