What is Contango and Backwardation?

In contango and backwardation, we are talking about the forward curve of futures. Futures, as we know, do not all have the same price. The price table above shows the price of crude oil futures for the coming months. As you can see the price of oil is getting cheaper every month. This is because in the last few months,[…]

Read more
What are Options

What are options? Options explained

SPY ETF Call and Put Options. If you’re into the stock market, you’ve probably heard about options before. In Wikipedia, the following sentence can be found on the topic of options: In finance, an option is a contract which conveys its owner, the holder, the right, but not the obligation, to buy or sell an underlying asset or instrument at[…]

Read more

What are ETFs

ETF is the abbreviation for Exchange Traded Fand. ETFs are therefore investment funds that are traded on the stock exchange. What are funds? If you want to invest your money in the stock market, you should not just buy one financial product, such as oil, gold, Apple shares or Bitcoin, but diversify. Small investors often don’t have enough money to[…]

Read more
Bitcoin breaking $50,000

Bitcoin is close to breaking $50,000.

The way I see it, bitcoin should break $50,000 shortly. Probably in the next 24 hours. Then it should also not be long before we approach the all-time high of over $63,000. By not much longer I mean 1-3 months. Then of course the question arises whether the $100,000 will still be reached this year. One does not know, but[…]

Read more

What are Futures?

Anyone who is interested in the stock market has certainly come across the term futures. I would like to explain what futures are in this article. What are futures? As the name suggests, futures are financial products that are redeemed in the future. Let’s say you have a company that refines petroleum to make gasoline. To constantly produce gasoline, your[…]

Read more
I bought groceries with Bitcoin

I bought groceries with Bitcoin

Like I said, the people of El Salvador are going to love Bitcoin. Thanks to Strike, Lightning and Bitcoin, people are now saving so much money. I just came across the follow tweet that said: Wife’s Dad on Tuesday: “Bukele is stealing with Bitcoin!” Wednesday: “I bought groceries with Bitcoin”. Wife’s Dad on Tuesday:“Bukele is stealing with Bitcoin!”Wednesday: “I bought[…]

Read more

Bitcoin: Where are the good news?

Last Sunday, Bitcoin fell from over $42,000 to just over $40,000 in a short period of time, followed by the first negative reports in the media: “Bitcoin falls 5% on Sunday” etc, etc. What the media did not report, however, was the fact that bitcoin recovered within 2 hours and even rose significantly higher, to over $43,700. Then, interestingly, there[…]

Read more

Chivo bitcoin ATM goes up in flames

. Bitcoin has been legal tender in El Salvador since September 7, 2021. El Salvador residents get $30 worth of Bitcoins when they use the government Bitcoin app Chivo. Unfortunately, since the app’s launch, there have been significant problems with overloaded systems, which naturally leads to resentment among the population. That’s why during an otherwise quiet demonstration in San Salvador,[…]

Read more

Manjaro Linux keeps crashing

I bought some new hardware components for my PC a few weeks ago. Among them an AMD Ryzen 7 3700x processor, an MSI X570-A Pro motherboard and 32GB G.Skill Aegis DDR4-3000 DIMM memory. Unfortunately, the last few days I could hardly work on the computer without it crashing just a few minutes after booting. Then nothing worked, the mouse pointer[…]

Read more