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Showing posts from October, 2021

How cryptocurrency is helping fund my retirement lifestyle

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What I’ve done during my lifetime is, of itself, possibly of little interest, it’s what others have contributed and the lessons learned that underscores a life’s true value.  I like to think I’ve lived a very rich life in lots of ways! I was born in London and spent most of my childhood in Heston.  My father ran his own business, as an electrical engineer, and was very careful with his finances, only occasionally dabbling in blue-chip British companies such as British Airways!  My mother stayed at home, as was often the case at that time. My father taught me financial acumen, along with maths and practical skills, whilst my mother gave me a great foundation in life.  Between them, they gifted me an invaluable moral compass, of fairness honesty and justice, that I’ve tried to always use for all decisions. I was lucky enough to find my major love in life early – music!  My mother loved classical music such as Rachmaninov, Bax and Delius, and I was lucky enough to have an amazing music te

Dacxi is leading the charge with the development of the Dacxi Chain, a brand new global tokenised crowd-funding system, designed to close the innovation-funding gap.

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Dacxi is leading the charge with developing a global tokenised crowd-funding system. Reproduced from Yahoo Finance article on 20 September – Dacxi is leading the charge with the development of the Dacxi Chain, a brand new global tokenised crowd-funding system, designed to close the innovation-funding gap. "Crowd-funding as we know it is over a decade old, and has some fundamental flaws," says Ian Lowe, CEO Dacxi ANZ. "The global enterprise economy comprises of a vast number of investable ideas and entrepreneurs, the significant majority of which are unattainable to everyday investors." Equity crowd funding is a $10billion sector, which with the help of the Dacxi Chain, Dacxi believes has the potential to grow to $1trillion. In recent surveys by the World Economic Forum (WEF), it is projected that up to 10% of the global Gross Domestic Product (GDP) will be stored and transacted with the help of blockchain technology by 2025–27. The first few generations of crypto sa

Crypto caught in Bull Trap for the Third Time!

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I was not surprised to see Bitcoin prices, and therefore all crypto, down 10% on May 10. It was the third Bull Trap played on the crypto markets in 18 months! A Bull Trap is when everyone says prices are about to rocket up, ie all the basic Bulls are positioned and ready to go. Then the market is ambushed by some big traders who smack the price down producing a major collapse in prices within a few hours. It happened on 15 November 2018. 25 September 2019 (ahead of the Bakkt launch). 10 May 2020 (ahead of Bitcoin halving). It happens between 00–04.00 UTC+1200. Early morning Asian time. The perfect time. European traders are asleep, America has stopped trading for the night and Asia is just waking up. It is the longest period of ‘quiet time’ with the minimum number of active traders. Crypto is dominated by Chinese trading whales. So imagine those big traders. On 100 times margin. Their $50 million investment can be leveraged into 100 times meaning they can smack the market with $5 billi

Why crypto is an intrinsic part of my financial ambitions?

"Despite being relatively new to crypto, having purchased earlier this year, it is the logical progression of both my career and my attitude to wealth!" I had a fairly nomadic childhood, moving frequently due to my Dad’s work, which meant I attended 8 schools in total! Unsurprisingly it wasn’t overly conducive to a love for school, and whilst I was bright, my A-level tutor, half way through the course, tactfully suggested I may wish to consider getting a career rather than continuing in formal education. Luckily, this suited my desire to achieve in business over more studying for academic qualifications that I may never end up using. I already have a weekend job at Whipsnade Zoo, who kindly paid for me to attend collage as a chef, and I was quickly promoted to a catering manager. Whilst it was good fun, it was fairly limited in career progression, so I ended up leaving for a variety of jobs in high street retail/catering over the next decade, cumulating in me being an area ma

Solving the Mainstream Adoption Problem

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Here at Dacxi, one of our goals is to disrupt the crypto exchange market. In fact, we’d like to be the number one community exchange brand in crypto. If we can achieve this, we think we can solve the mainstream adoption problem. That’s right, we’re going to onboard the next wave of mainstream crypto buyers into crypto. That means up to 500 million new buyers by 2022. These are lofty and ambitious goals and that’s what makes it so exciting. To understand how and why we think that these goals are worth pursuing it’s important to understand more about the exchange market, and what we mean when we say, “community exchange”. The crypto exchange market is recognised as a hyper-growth industry. From January 2017 to May 2018 the market went through an incredible growth cycle with Coinmarketcap.com data showing that 24-hour exchange volumes grew from an average of US$150 million per day to over US$15 billion per day. That’s a quite remarkable 100X growth. During the same period, the total crypt