Dacxi Blog

I’ve spent most of my life in Sussex, and had a great childhood there, with my mum, a full-time stay at home mum, as was typical of her generation, and my Dad, a project engineer. Financially, my parents were very conservative, living within their means, and didn’t believe in debt with the exception of a mortgage on their home. In terms of decision making they definitely ‘played it safe’, whereas I’m more entrepreneurial and willing to take sensible risks for an upside! I also enjoyed working hard to play hard and developed a taste for a few of the finer things in life. At school, I wasn’t a natural academic but stayed an extra year to get the qualifications that would bag me a decent job with a big company. My real forte was economics and commerce, so when I left school at 18 I got my first proper job in retail banking for Lloyds. I’d already had a school weekend job at WHSmith where I’d picked up some good social skills with customers, and learnt to be responsible and organised whi...

With crypto’s constantly evolving ecosystem, it can be challenging to keep a long-term time horizon in mind. With the news cycle moving so quickly, the notoriously volatile crypto market is prone to sudden price movements, whether bullish or bearish . In these exciting but extreme conditions, it is all too easy to lose sight of the big picture. At Dacxi we approach crypto assets with an savvy mindset. That means long-term thinking. We believe that the world is in the early stages of a multi-generational technological and economic revolution. We are participating in the birth of a brand-new asset class that is fast gaining legitimacy. The creation and legitimisation of new asset classes is extremely rare. When a new asset class succeeds in rising from the metaphorical primordial buy-in ooze, emerging on the world stage as a newly formed force of disruptive innovation, the potential returns to early buyers are unprecedented. We are confident that crypto has a bright future. So confiden...

 It is so easy to have your beliefs and thus actions determined by your outside news sources. Democrats in the USA blame the ‘stupidity’ of Republicans voters on the ‘biased’ reporting of Fox News and friends. The Republicans say the same thing about the Democrats and CNN and friends. The reality is that you are heavily influenced by the external sources you are exposed to whether they are news sources or comments of friends and family. Like others in my crypto world, I read daily, from English language sources, news sites, and commentators — Coindesk out of New York, Cointelegraph out of Europe, Finance Magnates out of Isreal, Coingape, BraveNew Coin, and others. On Youtube, I like Nuggets out of Australia and Datadash out of the USA. I also get a spray of information out of Twitter, Facebook and other sources. Very detailed and globally orientated. One naturally gives a credibility ranking depending on the source. Coindesk is the most professional. Other internet magazines are fo...