I recently spent a few days in Helsinki, Finland. I had heard good things - such as being ranked the #1 happiest country in the world, having the #1 ranked education system in the world despite students spending only 5 hours/day in school with little homework, home of Linus Torvalds (founder of Linux), etc. Finland … Continue reading Helsinki, Finland First Impressions
Author: J. Savage
Things I Don’t Like About Rome, Italy (as an American)
I love Italy. It's one of the best countries to visit - having so many beautiful sites and being so rich in history - having been the capital of the Roman empire, the Renaissance, etc. I've been to 43+ countries, and Venice, although not exactly under-the-radar, is probably my favorite place. Other places like the … Continue reading Things I Don’t Like About Rome, Italy (as an American)
Some Lessons From Trading
I'm a crap, inexperienced trader. But here are some lessons I learned the last few weeks trying my hand at trading perpetuals on dydx. At the end of the article I'll discuss my current positions: A few weeks ago I put on a massive short position on Cardano (in hindsight too large of a position) … Continue reading Some Lessons From Trading
I’m Bearish Macro and Short Cardano
1-2 weeks ago I sold all my altcoins into ethereum and USDC, sold my last bitcoin, and shorted Cardano (on dydx). The only crypto I own at this point is my big stash of staked ethereum, which are long-term holdings. My reason for shorting Cardano was initially moreso to hedge my long eth position (as … Continue reading I’m Bearish Macro and Short Cardano
The Big Luna Short
There are already a million Terra Post Mortems so I won't repeat what's already been said. What I will say is that anyone who was following this debacle could've made a ton of money shorting Luna and UST. Here's a video of me during the crash explaining why I'd went short. My Background with LUNA LUNA … Continue reading The Big Luna Short
How Terra Works (UST, Luna) – And Why It May be Doomed
With a $18b algorithmic stablecoin named UST imploding, I thought I'd explain how Terra/Luna/UST works for those unfamiliar. Terra is a blockchain built on Cosmos SDK powering a suite of algorithmic stablecoins. The largest of these stablecoins is TerraUSD, or more commonly known as UST, which attempts to track the U.S dollar. The Luna token … Continue reading How Terra Works (UST, Luna) – And Why It May be Doomed
Why I’m Dollar Cost Averaging Into the Dip
The markets are tanking and everyone sh*tting their pants. Meanwhile I've been heavily dollar-cost averaging into ethereum and staking it, betting that in 1-3 years ethereum will hit $10-25k, and $50k+ in 5-10 years. Sure ethereum could still drop another 50+%. If that happens, I'm loading up even more, and would even consider taking on … Continue reading Why I’m Dollar Cost Averaging Into the Dip
Happiness = Fulfillment + Community. Should You Do What You Love?
On a bike ride today I came up with two equations: Happiness = Fulfillment + CommunityFulfillment = Purpose + Execution I think this accurately sums it up for me. Though I imagine everyone is different. Here's how I define the terms: Fulfillment = Doing things I find fulfilling and/or enjoyable.Purpose = the "why" of why … Continue reading Happiness = Fulfillment + Community. Should You Do What You Love?
Is Social Media Bad? Tips on Being More Productive
A Senate testimony from a NYU Professor and social psychologist titled "Teen Mental Health Is Plummeting, and Social Media is a Major Contributing Cause" caught my attention being on the front page of HN today. The testimony shows that mental health among teens has worsened dramatically since around 2014, and there's evidence to suggest that … Continue reading Is Social Media Bad? Tips on Being More Productive
Ethereum Price Supply & Demand Analysis and Projections
Here's why I'm bullish on the ethereum price Prices are driven by supply and demand. Let's examine both: Supply will start reducing Ethereum's 2.0 "merge" upgrade will make ethereum deflationary. Increasing staking yields will also attract people to hold and stake (ie. lock away) their eth, and validators under Proof of Stake will be less … Continue reading Ethereum Price Supply & Demand Analysis and Projections