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Yesterday the cryptocurrencies market crashed again. Or should I say they crashed it again? Because it didn’t crashed itself, isn’t it?

During the bloodbath Ether (the currency of the Ethereum network) sank to 3200$ and Bitcoin to $44.5k. There are some speculations that the flash crash was caused by the liquidation of overleveraged position by triggering stop orders. On the other hand some opinions in the market said that prices were driven towards the stop-loss levels by FUD news like: energy concerns, China miners crackdown, US regulators going over Coinbase, protests in El Salvador regarding Bitcoin status as legal tender, etc.

However Solana made impressive returns despite the meltdown and the sector showed weak signs of recovery immediately after that.

Disclaimer: I am long ETH and I don’t have plans to close existing positions or open new positions in the next 72 hours.


This is not investment advice. Trading carries a high level of risk, and may not be suitable for all investors. You should never invest money that you cannot afford to lose.

From the beginning, many called Bitcoin a bubble, a fraud, a Ponzi scheme, and so on. Fortunately Bitcoin and cryptocurrencies are still here and are here to stay.

Its inherent volatility makes it on of the most lucrative financial markets. …


Trading with cryptocurrencies is gaining popularity and in relation to that, there have been many questions whether and when you have to pay your taxes on cryptocurrencies.

The tax liability comes mainly in three cases

  • converting cryptocurrency against normal currency
  • trading cryptocurrency for some other cryptocurrencies
  • using crypto money to pay for goods and services

Translated from Estonian language — Source: Estonian Tax and Customs Board

The Republic of Estonia is well known for being a tech-savy and a crypto friendly state. For this reason we consider this information a relevant guideline in principle and we decided to publish it…


You know what is Dogecoin, right? It is a parody crypto coin created with the meme of Kabosu (Japanese かぼす) a female Shiba Inu (Japanese 柴犬)dog.

The original “Doge” picture of Kabosu with glaring eyes

This Dogecoin was created as a satire of the Bitcoin boom back in 2017 — to prove that any coin can make it (no matter the if it has any real use or if it brings any technological innovation). At that time DOGE was trading at 0.0002 USD with a market capitalization of 1.45 milion USD.

Nowadays DOGE is trading at 0.55$ and it has a market capitalization of over 70 billion USD.

Ok…


A risk profile function is a function that allows you to control your exposure to a market in order to be able to protect yourself from future risks.

The simplest risk profile function is an inverse sublinear function. This function is simply designed to decrease exposure at higher prices and increase exposure at higher prices, thus being able to lower the average buying cost for your assets.

Let’s take a look at one example example of a risk profile function, used by the “Dollar Cost Averaging” strategy.

Plot of 100/x function with x > 0

As you may know, the dollar cost averaging strategy, or DCA for short…


A very simple question. This is the dream of all investors or traders, and a question they ask often: How can I beat this market? It is even possible to beat the market?

Well, the answer is simple but yet hard enough to put into everyday practice. Yes, it is possible to beat the market in the long run. In the short run the market is always at advantage.

If you are looking for quick and large gains, the financial markets are not a good place to search for this kind of venture. …


It is well known that most people confuse uncertainty with risk, and that’s why they don’t care much about market exposure.

The future is uncertain and it will always be

This is true especially when it comes to the social or economical outcome of some future event. Nobody has a crystal ball, nobody knows the future, that’s why trying to predict the future is at least a waste of time if not a sure loser’s game. Never try to predict the market, just expect events to happen. Of course, events will have different probabilities and some of them are more expected while others are less expected. …


You may have heard statements like “trade with the trend” or “trend is your friend" but what actually is a trend?

The favourite discussion for a lot of traders, investors and media is fundamentals vs technicals, but at the end of the day the basis of the trend following method is actually not technical analysis or fundamental analysis but the understanding of the human irrational behavior.

Generally speaking, the market is driven by fear, more precisely by fear of loss and fear of missing out.

Ovidiu F.

Software Engineer with a strong interest in financial markets

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