Dacxi Blog

No matter what your strategy, HODL, sats or whale; cryptocurrency is alive and here to stay and buying cryptocurrency is now more viable than ever before. The return on investment (ROI) for successfully mined digital coins is enormously worthwhile and with such high stakes, every savvy buyer wants a piece of the best shares, funds and ideas in order to strike it rich. Of course, Bitcoin has been through some tumultuous waves in recent months resulting in huge fluctuations in its price. The digital currency dropped to $6,500 in mid-August from a high of over $8,000 at the end of July. This plunge saw both bearish experts and skeptics of cryptocurrency (including athletes , celebrities and Warren Buffet ) weigh in on cryptocurrencies, describing Bitcoin and other coins as mere speculative bubbles. For bullish experts and legendary crypto traders, the fall in prices can be likened to the teething phase in any new technology before stability. In an interview with CNBC’s “Power Lunch”, B...

Belief. I love this word. My message today is encapsulated into this one word. It’s a word with power and it will get you in the mindset of taking action and achieving growth. It is well established that a message is easier to remember if it contains a concrete and specific word. Certain words trigger the brain to make connections with other ideas and concepts. Today, that concrete word is Belief. The legendary success author Napoleon Hill said in his book Think and Grow Rich, ‘what the mind can conceive and believe, it can achieve’. You don’t need to be a genius or a mathematician to make real money in crypto, but you do need to take confident and calculated action. And for this you need belief. That’s where the game becomes different. If you believed that Bitcoin was going to increase by 500% within 2 years or that Dacxi Coin was going to grow by 2,000%, then taking the right action to exploit this opportunity would be easy. Doing research and learning crypto would be easy. Allocatin...

"Financial freedom has been a long and winding road for me, and crypto has been an important part of that journey." Financial freedom has been a long and winding road for me, and crypto has been an important part of that journey. Looking back there’s definitely some reoccurring themes whilst I discovered my passion and purpose. I grew up in the East End of London in the seventies, where there weren’t really any entrepreneurial or business minded people as mentors.   I think we all grow up with a certain amount of baggage from the stories your parents tell you around money, and whilst we were OK financially I definitely picked up the scarcity mindset, and can remember hearing comments like “money doesn’t grow on trees” or “it’s the root of all evil”.    Growing up I really wanted to be a teacher, and often delivered lessons to a row of my teddies and dolls!   Unfortunately, my school wasn’t the most supportive, particularly as I really hated reading in public, and t...

Across the world, governments are faced with the reality that most households aren’t saving enough for retirement.  Sadly, the era of company-sponsored pension plans is long gone and both Millennials and Boomers are bombarded with the high costs of basic priorities such as housing, education and healthcare that compete directly with investment plans and retirement savings. According to a recent study carried out by Ramsey Solutions, about half of Americans are not saving for retirement, and the few who do save aren’t saving enough. Folks, that’s a crisis.  In another survey, only 3 in 5 households headed by someone between the ages of 45 and 54 had a retirement account with an average value of $83,000, and 13% of people in their 40s had absolutely no retirement savings.  Apparently, 56% of Gen X folks have no clue how much they will need for retirement. This is according to a new study conducted by Bankrate. In addition, nearly half of working households will experience l...

This week Elon Musk announced that Tesla was purchasing $1.5bn worth of bitcoin, and intends to accept bitcoin as a form of payment. The market reacted rapturously, flying to an all-time high over $48,200 appreciating a jaw-dropping 20% in one day, a record single-day dollar growth. What this news means for the crypto industry more broadly, cannot be underestimated. It is praise indeed that one of the world’s richest men backs crypto, particularly one whose business ethos is to be a renegade thinker pushing the boundaries of mankind itself! Whilst there is much talk of reaching a long awaited “tipping point”, this over-simplifies the significance of the events of the last few days. Of course, Musk’s praise of bitcoin has attracted much attention in the traditional media, who have long been hostile to crypto, limiting their commentary to the two main themes of “scam” or “fad”. The rally now seems to be indicative that crypto is held to be a mainstream asset; indeed, bitcoin now has a ...

Dacxi is the pioneer in building a brand new niche called Crypto Wealth . You will hear me and the Dacxi Team talk about Crypto Wealth a lot and one of the most commonly asked questions I get is a request to define it exactly what it is. So here goes . Crypto Wealth is an exciting new niche in the Wealth industry, built on the principle of crypto as a highly investable asset class. By 2030, the global Crypto Wealth market is expected to be worth a staggering $10trillion. And at Dacxi, we believe everyday investors should have the opportunity to get their own slice of that multi-trillion-dollar pie. What is a Crypto Wealth investment? Traditional wealth investments include equities, bonds, cash, commodities, and property. Crypto Wealth investments are different. They’re part of the Alternative Finance sector and fall into two categories; Cryptocurrencies, and Crypto Asset tokens. Cryptocurrencies are ‘crowd-created currencies. They’re designed for different use cases – for example...

Exchanges are not what they used to be — but what is the next step? Decentralized exchanges are hot, but are they the only solution? A mix of decentralized exchanges and community-fueled marketplaces may be the best answer. How do you figure out the game of crypto trading? Personal trial and error is one way — the way it was done until recently. Crypto trading has a learning curve, and just like any learnable skill on the Internet, it tends to generate discussion, and pull together communities. Those organic communities may be pointing at something important — that maybe, we are not meant to figure it out on our own. Some services, like eToro, have already included social trading. But classical exchanges are a different matter — most still rely on social media to build their communities. Binance, the leading exchange by volumes right now, comes to mind, as it is always quick to communicate. Other marketplaces, however, leave the community work as an afterthought. DACXI takes note of th...