Dacxi Blog

The 2018 crypto bear market has been severe. While it might not seem like it today, we believe the next crypto boom cycle has already begun. And there is no reason why the next growth wave won’t eventually be an order of magnitude larger than the crypto boom that surprised the world in late 2017. Our view is that purchasing crypto assets now gives the retail buyer an opportunity to generate unprecedented returns by participating in the early stages of a technological and economic revolution. One of the advantages of being able to purchase crypto assets in 2018 is that because the market is so new, one can sensibly adopt a low time preference strategy and simply apply patience. The market itself will do the heavy lifting. Should you be the type of person prepared to take on the risk that is buying in early stage disruptive technology, then the current volatility of the market should be welcomed. Even a small allocation of one’s potential portfolio towards a basket of carefully selected ...

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...

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...