Showing posts with label Read.Cash. Show all posts
Showing posts with label Read.Cash. Show all posts

12 January 2024

Are You Thinking About Investing in Bitcoin ETFs?

I am thinking about investing in Bitcoin ETFs. There may be others so I am sharing my research findings.

First Bitcoin ETFs approved by US regulators - The Verge


Bitcoin ETF vs Traditional ETF
Bitcoin ETF is a type of ETF that tracks the price of Bitcoin. It is traded on traditional securities exchanges, such as the New York Stock Exchange and Nasdaq. When you invest in a Bitcoin ETF, you are not directly purchasing Bitcoin itself. Instead, you are buying shares in a fund that holds Bitcoin . (1)

The main difference between a Bitcoin ETF and a traditional ETF is that a Bitcoin ETF tracks the price of Bitcoin, while a traditional ETF holds a basket of assets (1). Additionally, investing in a Bitcoin ETF can provide a level of diversification and liquidity, while also reducing the risk of investing in a single cryptocurrency (2). 

REFERENCES:

(1) Shin, Laura. “Bitcoin ETFs Explained: What Are They & How Do They Work?” Coindesk.com. CoinDesk, January 11, 2024. https://www.coindesk.com/learn/2024/01/11/bitcoin-etfs-explained-what-are-they-how-do-they-work/.

(2) Mark, Julian and Gregg, Aaron. “As bitcoin enters the mainstream ETF market, here’s what to know”. Msn.com. “MSN,” 2024. https://www.msn.com/en-us/money/markets/as-bitcoin-enters-the-mainstream-etf-market-here-s-what-to-know/ar-AA1mP4eF.

oinMarketCap. “What’s Crypto ETF? - the Definitive Guide.” YouTube Video. YouTube, February 25, 2022. https://www.youtube.com/watch?v=FNg4ma_jfB0.

Bitcoin University. “Should You Buy the Bitcoin ETF?” YouTube Video. YouTube, January 10, 2024. https://www.youtube.com/watch?v=wp_byWLZGMY.

‌Why Invest in a Bitcoin ETF?

Investing in a Bitcoin ETF can be a great way to gain exposure to the cryptocurrency market without having to directly own Bitcoin.

The first-ever spot Bitcoin ETFs were approved by the SEC on Wednesday, January 10th, 2024  (1).

These ETFs are publicly traded investment funds that enable investors to gain exposure to Bitcoin without actually owning the cryptocurrency 2. Unlike cryptocurrencies that are traded on crypto exchanges, ETFs are traded on traditional securities exchanges, such as the New York Stock Exchange and Nasdaq  (2).

One of the advantages of investing in a Bitcoin ETF is that it provides a level of diversification. By investing in an ETF, you are not putting all your eggs in one basket.

Instead, you are investing in a basket of assets that track the price of Bitcoin 3. This can help to reduce the risk of investing in a single cryptocurrency.  Additionally, ETFs are generally more liquid than cryptocurrencies, which can make them easier to buy and sell (3).

However, there are also some downsides to consider before investing in a Bitcoin ETF.

One of the main drawbacks is that ETFs are subject to management fees, which can eat into your returns. Additionally, the value of an ETF can be affected by factors such as market volatility, interest rates, and geopolitical events (3).

It’s important to do your research and understand the risks before investing in any ETF.

In summary, investing in a Bitcoin ETF can be a good way to gain exposure to the cryptocurrency market without having to directly own Bitcoin. However, it’s important to weigh the advantages and disadvantages before making any investment decisions.

If you decide to invest in a Bitcoin ETF, make sure to do your research and choose an ETF that aligns with your investment goals and risk tolerance  (4).

REFERENCES:

(1) Browne, Ryan. “Here's what a bitcoin ETF actually means for investors.”, MSN.com. Jan 11 2024. https://www.msn.com/en-us/money/markets/heres-what-a-bitcoin-etf-actually-means-for-investors/ar-AA1mOlhu.

(2) Shin, Laura. “Bitcoin ETFs Explained: What Are They & How Do They Work?” Coindesk.com. CoinDesk, January 11, 2024. https://www.coindesk.com/learn/2024/01/11/bitcoin-etfs-explained-what-are-they-how-do-they-work/.

(3) Hallam, Nick, and Anita Hamilton. “Should You Buy a Bitcoin ETF? Weigh These 5 Factors First.” Barrons.com. Barrons, January 10, 2024. https://www.barrons.com/visual-stories/bitcoin-etf-risks-grayscale-ark-invesco-fidelity-ccbd04c4.

(4) Adams, Michael. “6 Best Bitcoin ETFs of January 2024.” Forbes, January 10, 2024. https://www.forbes.com/advisor/investing/cryptocurrency/best-bitcoin-etfs/.

Hallam, Nick, and Anita Hamilton. “Should You Buy a Bitcoin ETF? Weigh These 5 Factors First.” Barrons.com. Barrons, January 10, 2024. https://www.barrons.com/visual-stories/bitcoin-etf-risks-grayscale-ark-invesco-fidelity-ccbd04c4.

Thanks for reading.‌

Source

Content AI generated

20 September 2023

4 Epic Historical Period Korean Dramas to Binge-Watch on a Rainy or Snowy Day

A rainy or snowy day is the perfect time to binge-watch an epic Korean drama (i.e. a series with 50 or more episodes). Below is my watch list for the historical period K-dramas I deemed binge-worthy. (Let's just hope the rain does not cause a blackout and there is no Internet access. LOL.)


glitter-graphics.com

 1. Empress Ki (2013) ~ 51 episodes

This series is about a woman named Ki Seung-nyang, who was born into a family of low-ranking officials. At age 18, she was sent to the Yuan Empire in China as tribute. She became the emperor's preferred concubine and ultimately went from being a servant to becoming the Empress of Yuan.  It's about love, war, and betrayal. In other words, it's typical drama! Even though this epic is based on real historical figures, the relationships depicted are probably fictionalized.

Main Characters:

  • Ha Ji-won as Ki Seung-nyang

  • Joo Jin-mo as Wang Yoo, the King of Goryeo.

  • Ji Chang-wook as Toghon Temür, the last Emperor of the Yuan dynasty


2. Dong Yi (2010) ~ 60 episodes

This series is also titled “Jewel in the Crown” and it follows the life of Dong Yi from childhood to adulthood. It is based on a real historical figure and it is a true love story between Dong Yi and the King. According to the fortune tellers, her “light” would shine bright in the Joseon Kingdom. This prediction proved to be true. But it does not mean that she did not experience trouble and sorrow.  She was a lowborn commoner and worked as a watermaid in the palace. But she became the king's favorite concubine which made her a target of envy, jealousy, and treachery. One of the sons she bore the king, died at a very young age. She bore the king another son, Yeong Jo. He was the second son of King Sok Jong and the future king of Joseon. Her life story is one for the ages.

Main Characters:

  • Han Hyo Joo as Dong Yi

  • Ji Jin Hee as King Sukjong.

epic korean dramas

3. Jumong (2006-2007) ~ 60 episodes

This series is about the life of Jumong Taewang, founder of the kingdom of Goguryeo, set in 37 BC. Even though the details about Jumong in the historical records are scant, the scriptwriters pieced together what their research revealed and created this marvelous epic. “Described as the son of the heavens, Jumong was the founding king of Goguryeo, which eventually became the largest dynasty in Korean history. Also known as the Holy King of the East, mythological tales of his origins mostly follow the same basic story.” (Quote Source)

DID YOU KNOW? Jumong was believed to be the grandson of the water god Habaek.

Main Character:

  • Song Il-kook as Jumong


4. The Flower in Prison (2016) ~ 51 episodes

Set during the Joseon dynasty, this series follows the life of Ok-nyeo. She was born and raised in prison. Jeonokseo is one of the most horrifying prisons in Joseon. Her mother died in childbirth and the man who worked at the prison who adopted and raised her did not know her identity. She finds a secret prison cell with a mysterious prisoner. The prisoner teaches her martial arts and she becomes an intelligence agent. Martial arts is just one of her many talents. She is very intelligent and understands the law. She crusaded for the poor people who are unfairly accused under the litigation system. Her life is filled with danger and adventure. Eventually, she learns her true identity. She is s surprised as everyone else to learn that she is a princess. Her mother's enemies did not know she had been born. But when they found out, that's when Ok-nyeo faces true peril.

Main Character:

  • Jin Se-yeon as Ok-nyeo



If You Don't Agree With My Suggestions, Check Out These Lists:

10 Korean Dramas Based on True Stories | MovieWeb

Top 25 Historical Korean Dramas You Will Love | KdramaPlanet

Original source

08 June 2022

A Quick Intro to FOREX and Trading in Cryptocurrency Pairs

Passing along some content curated to crypto newbies.

My son is dabbling in FOREX and sometimes trades cryptocurrency in pairs. This got me interested in learning more. As in most cases, when I am seeking knowledge, quite often one good thing leads to another.


crypto

I read this article:

* How to Choose the Best CryptocurrencyPairs to Trade?


And it led me to this website called Investing.com which publishes an interesting blog.  When you reach the site's home page, scroll to the bottom for the link to its Blog and check the section for "What's New".


This site also has valuable resources and tools for traders.

For example, you can check daily to find Most Active Cryptocurrency Pairs.



Ways to convert BTC to Fiat without KYC

What are the GAAP for Digital Assets?


18 November 2021

Asian Studies : Searching for Chinese Treasures

Planning a trip to China? Hoping to find hidden treasure from the ancient world? Students who compare civilizations in world history are aware that like the pharaohs of Egypt , the Chinese emperors and leaders buried treasures with them for their after life. 

 

It was reported in 2009 that Chinese archaeologists uncovered an 1800-year-old tomb in Xigaoxue , which they believed to be the genuine tomb of a Chinese general Cao Cao . Hundreds of relics were recovered, but some experts were not convinced the bones belonged to the military leader and wanted DNA tests done. Evidently, they had the bones of the general's son which had been discovered in 1951. 

 

The treasures of the Tombs of Southern Song Dynasty emperors were found but they had already been robbed. Perhaps there might still be some hidden tombs that the grave robbers could not locate or access. 
 

Curious seekers wanting to find treasures of ancient China often search for undiscovered tombs, but based on some interesting information uncovered doing research to write another article, it appears that searching for ships lost at sea or shipwrecks, might be just as profitable.

Content published on Read.Cash.

Like to dabble in Asian studies? 
 ♦♦♦♦♦♦♦♦
http://ahencyclopedia.tumblr.com/post/139354113884/book-review-your-travel-guide-to-ancient-china-by




01 November 2021

21 April 2021

Having Fun At Read.Cash and Noise.Cash ~ Learning and Earning!

Have you heard of Noise.Cash?  It's a fun social site where you can socialize, learn, and earn Bitcoin Cash.  It is the partner site for Read.Cash.  Both sites are fairly new.  Read.Cash was launched in 2019 and the following year, 2020, Noise.Cash was launched.  If you like publishing short posts (just like you do on Twitter) then you'll probably like Noise.Cash.  If you're an artist or photographer, blogger, article writer, both sites are terrific for sharing your work.  In other words, you can publish short posts, share images, or write detailed articles.  The platform is very easy to use and you can start immediately!


First question you might ask:

  • But if you are already on Twitter, why bother with Noise.Cash?  Because you can earn Bitcoin Cash for your content; even if it's just your opinion.  What do you earn for your tweets?

Second question you might ask:

  • What's Bitcoin Cash?  The answer is ... it's complicated.  But the bottom line is that it's a form of cryptocurrency that you can earn, save or trade, or use to buy goods and services.  If you sign up and create an account at both sites ... Read.Cash and Noise.Cash, you will learn a lot more about it.  That's what I did!

My recommendation?

Create an account at Read.Cash first.  Take a look at my RC profile.

When you create your account you'll see a banner at the top of the page suggesting that you also join Noise.Cash.  I suggest you click on it.  Take a look at my NC profile.

If you are curious to know more, check out the FAQ at Read.Cash.  They explain it much better than I do.  All I can say is that I've been there for less than a year and I have plans to stay!


06 July 2020

It's July! Reasons to be a Francophile This Month

It's July!  Received a fun reminder in my eMail Inbox about the joys of being a francophile. Even though you may be a different nationality, this site called Foursquare, suggested reasons why you can pretend to be French during the month of July. One main reason?  Zee food!  Take part in Bastille Day celebrations and treat yourself by dining out at a restaurant that serves French food.

NOTE:  Check to verify what the COVID-19 restrictions and requirements.


Hmmm? Don't know about where you all live, but I don't know of a restaurant in the USA that serves French cuisine that I can afford! 

So! As an affordable alternative, I'm going to be a pseudo-francophile by indulging in a platter of french fries and/or enjoying french toast for breakfast. It's true that the French did not invent french fries nor they invent french toast.  But they both use the word “french”. That's good enough for me!  :)  Happy Bastille Day!!




Paris, France clip art party ~© Photographer: Puddinhead | Agency: Dreamstime.com
* * *

Do French Fries Really Come From France?  (They're from Belgium.  But Who Cares?) | Wonderopolis



French Cuisine – Appetizers: Eat Like Zee French!




French Toast Isn't French - Here's How It Got Its Name | Neatorama




♥ ♥ More French-Related Links ♥ ♥

Why You Should Speak French


The French Revolution: From Bastille to Bonaparte | HUBPages.com



What Actually Happened on the Original Bastille Day


The 10 Best French Films


Washington Versus Jefferson - RE: French Revolutionary Wars

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