The “Con” of a Cashless Society

The “Con” of a Cashless Society

“We’re all going digital” they say. Digital money is faster, more convenient, easier, etc. The probability of a risks in a cashless society may be relatively low, but when disaster strikes, the damage may be asymmetrically severe. Look at what happened to Puerto Rico...
Are Litecoin and Ethereum Leading Indicators for Bitcoin?

Are Litecoin and Ethereum Leading Indicators for Bitcoin?

It goes without saying that correlation is not the same as causality. And with some correlations, it can be even harder to figure out especially if you have no clue as to what is triggering the “causality” behind the correlation. Yet, when we see a correlation, it’s...
Fading Common Gaps – A Risky Proposition

Fading Common Gaps – A Risky Proposition

There are times when a market is trading at low volume and within a wide range. The market may show clear areas of support and resistance. The one thing that is lacking is any indication of a possible trend. Despite the low volume, or perhaps because of it, there may...