Monday, January 21, 2019

The Big Swap

So far, this winter's weather in the Halifax Regional Municipality has been different from previous years. For the 2nd time this month we had far less snow than forecast for a storm followed by a day and night of rain. Personally, I prefer that to about 3 feet of snow but others like to see the white stuff.

Ending last Friday, the Markets here in Canada continued to improve. Meanwhile, Canada and China relations are not good today from the fallout of the Chinese cellphone Hauwei exec being held in British Columbia for the United States. So we got caught in the middle.

Interesting where the Big Banks of Canada are now into the main Weed stocks with recommendations and 'gain' forecasts. Canopy Growth and Cronos Group, for example with a 'buy' and 'outperform' rating from CIBC.

In the digital coin area of crypto currencies, insights from those doing steady research on the whole sector figure 'some' of the drops in Bitcoin value is due to investing in other and new on the Market coins looking for gains with some swapping back to Bitcoin and repeat. Makes sense where the majority of tokens are difficult to exchange for cash or fiat when one wants or sites obeying the laws of the land where a coin needs to be held in for a few months before open to exchange for profit. In other words ... a security where an outfit issuing a coin in the US must be compliant with State and Federal SEC departments.

Meanwhile, I'm enjoying the current 'up' trend in the exciting and high risk area of High Yield sites while it lasts with profit in mind.






Saturday, January 12, 2019

Mid January and Talk of Gains

Ending this 2nd week in January, it had an interesting start, where the stock world in North America recovered with steady gains thru the week and that lifted my stuff back up to 'normal' levels. See if that continues and a lot seems to hinge on the US - China Tariff meetings.

Bitcoin ... as I bring 'coin' into my crypto 'wallets' at the value received in Bitcoin, the ideal scenario is for BTC to go up in value ending in a double gain for moi. That was not the case towards the end of the week as Bitcoin dropped from $4000 down to the $3600 USD range. But I received 3 Bitcoin payments at that lower level so hoping for a climb up next for the 'double' gain I mentioned.


Year in review from the Blockchain.com Blog


Also this week and after a slow 6 months in the HYIP area of my ventures, it came alive in the High Risk scene with the opportunity to gain in the High Yield field of investing, arm chair style. Invest and withdraw. Although there are many interesting sites now on the go, you have to wonder which are planned scams and which will just run until they peak and then slowly come to a flat line. Of course, the latter is what I seek where they all end at some point.

Interesting where some are referring to their plans as 'contracts' where the majority have an end like Bitcoin Mining.

All goes well, I'll withdraw the 'gains' to fund my 'Dividend paying' stock portfolio where the goal is to have a growing monthly dividend income from Income Trust's and companies that list on the stock exchange. Did I mention that was also risky business? Yes it is and I also find it highly addictive.


Monday, January 7, 2019

First Week of 2019

So far ... so good with January and February being our main winter months for snowy weather here in Nova Scotia. Heavy systems have bypassed us and dumped a lot of snow on Newfoundland during the past week or so.

Actually, I'll narrow that down to the Halifax area after looking at some pictures of the Highlands in Cape Breton (northern Nova Scotia) from Boxing Day. That bank is even higher today.



Cold winter nights to watch the NHL hockey games, movies or a scatter TV show. Not much interests me on TV with all the reruns except a few series shows like The Rookie, Magnum PI, Lethal Weapon and Vikings I enjoy.

Although a tad flat in the Canadian Market today, there has been improvement since December and I'm liking that so far. Some articles relate the latter 2018 drop/negative gain with the index's in the Markets ... to the Dirty 30's and the great market collapse at that time but lessons have been learnt since then.

Bitcoin, being the index for crypto coins has also been on the move 'up' so far with a lot of bouncing around in value and what Traders like to see. Buy low, sell high. Some predictors of the 2017 Bitcoin high forecast 2019 will be better than 2018. Others figure it will drop to around $100 in about 10 years. It all depends on the human factor driving it all, bulls and bears. Market news positive and negative also factoring in, bringing on panic and fear with selling, or more steady buying.

Personally, I don't take 'stock' in any long term predictions and focus on the short term, day to day stuff and look for the possible gains I can achieve.

Thousands of people into Bitcoin Mining have quit or companies employing them have laid off and downsized. Not much or no profit being the blame from the highs of 2017. Keeping in mind the computer hardware and huge power draw expenses involved.

On the flip side, the 'middle folks' like crypto coin payment processors and exchangers continue to do very well, which is usually the case. Blockchain.info, Coinbase and CoinPayments being examples.



Tuesday, January 1, 2019

2019 and The Positive Outlook

It's 2019 and I look forward to another year of new opportunities and hope for further success with my current ventures with all the background noise that goes with it.

Background noise? What I call the constant factors circling around investments, positive and negative. World and local news, speculation, and manipulation just a few of the indicators.

Folks who invest in the stock market and/or crypto markets watched a crash in the last part of 2018 but both also seen recovery from lows in the last couple weeks in December. For me it's constant adjustment times and here on January 1st, I look at it as the new starting point. For example: Bitcoin currently in the high $3000 USD level and hope for steady improvement or status quo knowing the risk involved.

Overall I enjoy it all and it's sort of an addiction starting the day, browsing through the news and how it effects my stuff. Like constant cellphone chat users and online gamers ... help! I can't stop. But, there's a difference ... where this is about additional and long term earnings/gains so there's also a serious side to it. 

With light snow out today changing to rain later, January also kicks off two months of the more intense winter weather in Nova Scotia before the turning point in March, heading for spring. Last winter was mostly a mild one with not a lot of snow but got a feeling I'll be seeing more colder temps this year.

The wallet will get more of a hit starting off the year as I see grocery store prices climbing already where it's about an average family in Canada spending $400+ more on groceries this year while wages and fixed income folks do not see an equivalent boost in pay.

Oil is down for now, so that's one relief on the wallet at the pumps where gas has come down to 0.96 cents a liter here in Halifax.

Happy New Year!