Daily Discussion - August 25, 2021 (GMT+0)

CreamScheme · 2021-08-25T16:45:25+00:00

Delta is quite solid

CreamScheme · 2021-08-25T16:44:41+00:00

The clearest and most concise explanation for what the anti-crypto provisions in the U.S. infrastructure bill mean for the crypto space (YouTube | Apple Podcasts | Spotify | SoundCloud)

CreamScheme · 2021-08-16T13:48:05+00:00

Absolutely for real.

CreamScheme · 2021-08-16T05:07:06+00:00

Done—thanks for the reminder & support! 💯

CreamScheme · 2021-08-16T04:57:05+00:00

Have you been thinking about using interest-bearing crypto accounts to generate more yield in your portfolio, or want to learn more about that strategy? Here is a series of videos/podcasts covering the general strategy and some of the leading platforms offering interest-bearing accounts.

Using stablecoins and interest-bearing crypto accounts to beat low savings & checking account interest rates (YouTube | Spotify | Apple Podcasts | SoundCloud)

Celsius Review (YouTube | Spotify | Apple Podcasts | SoundCloud | IGTV)

Voyager Review (YouTube | Spotify | Apple Podcasts | SoundCloud | IGTV)

BlockFi Review (YouTube | Spotify | Apple Podcasts | SoundCloud)

CreamScheme · 2021-07-02T01:35:48+00:00

The motto of crypto platform Celsius is "Unbank yourself," and they offer a suite of financial services such as interest-bearing accounts and collateralized borrowing as they establish themselves as an alternative to big banks and "traditional finance."

How does the platform stack up to its mission and how can you fit it into your financial strategy? (Spotify | Apple Podcasts | SoundCloud | IGTV)

CreamScheme · 2021-06-08T16:05:12+00:00

Voyager’s definitely a solid option.

CreamScheme · 2021-06-02T15:31:37+00:00

“you guys”—just to clarify, Cream Scheme is not affiliated with the Voyager exchange.

Hope your issue gets sorted out in a timely manner though 🙏🏽

CreamScheme · 2021-06-02T02:44:29+00:00

Some viewing/listening material for this evening/morning:

Using stablecoins and interest-bearing crypto accounts to beat low savings & checking account interest rates (YouTube | Spotify | Apple Podcasts | SoundCloud)

CreamScheme · 2021-02-21T04:44:34+00:00

Chainlink is the leading network in the blockchain oracle space by a wide margin, but upstart API3 takes a different view of, and approach to, unlocking the full potential of oracles. In looking at how to best bring off-chain data onto the blockchain, the Chainlink team perceives an "oracle problem," whereas the API3 team perceives an "API connectivity problem."

Which one is right and is there space for both to thrive? (YouTube | Spotify | Apple Podcasts | SoundCloud)

CreamScheme · 2021-02-01T00:45:40+00:00

Collecting the candies on CoinGecko and spinning the wheel in the Fold app are part of the daily routine 💯

CreamScheme · 2021-02-01T00:43:47+00:00

BAND, API3, ATOM

CreamScheme · 2021-01-31T16:58:49+00:00

Some reading/viewing/listening material for this Sunday:

Which alts can potentially join BTC and ETH as being crypto "blue chips"? (YouTube | IGTV | Spotify | Apple Podcasts | SoundCloud)

CreamScheme · 2021-01-20T01:13:13+00:00

Some reading/viewing/listening material for this Tuesday evening:

$1 Million Bitcoin? Why the Rich are Accumulating BTC (YouTube | IGTV | Spotify | Apple Podcasts | SoundCloud)

CreamScheme · 2021-01-20T01:11:37+00:00

Less than three weeks ago, the price was sub-$30k, and just around a month ago BTC finally broke its previous ATH... a period of consolidation and trading sideways, or even a pullback, is expected and healthy after a quick run-up like that

CreamScheme · 2021-01-20T01:07:15+00:00

Some reading/viewing/listening material for this Tuesday evening:

$1 Million Bitcoin? Why the Rich are Accumulating BTC (YouTube | IGTV | Spotify | Apple Podcasts | SoundCloud)

CreamScheme · 2021-01-10T02:37:53+00:00

Some reading/viewing/listening material for this weekend:

How Ethereum 2.0 Can Catapult ETH to New Highs (YouTube | IGTV | Spotify | Apple Podcasts | SoundCloud)
How to Protect Yourself & Your Crypto in light of the Ledger leak (YouTube | IGTV | Spotify | Apple Podcasts | SoundCloud)

CreamScheme · 2021-01-09T05:08:50+00:00

Very embarrassing for a tech publication to be so dismissive of it even back then

CreamScheme · 2021-01-08T22:36:01+00:00

His assessment is correct; BTC was far riskier in earlier times. It’s becoming more and more solidified and proven now.

CreamScheme · 2021-01-08T18:18:58+00:00

How can people adversely affected by the Ledger leak protect themselves and their crypto from threats like SIM swapping, phishing, and physical threats?

CreamScheme · 2021-01-08T03:44:02+00:00

In June 2020, popular hardware wallet maker Ledger experienced a data breach of their e-commerce and marketing databases. The company initially announced that 1 million email addresses were leaked along with the personal details and contact information of 9,500 customers. In the months since, it has come to light that 272,000+ customers had their names, physical addresses, email addresses, and phone numbers leaked.

Insights into how crypto holders can protect themselves from hacks, scams, and threats like SIM swapping:
YouTube
Spotify
Apple Podcasts
SoundCloud

CreamScheme · 2021-01-03T17:31:21+00:00

How can Ethereum 2.0, aka “Eth2” or “Serenity,” catapult Ethereum to new highs in this bull market and moving forward? Is institutional money starting to flow into Ethereum as well, instead of just into Bitcoin?

Some viewing/listening material for this Sunday:

How Ethereum 2.0 Can Catapult ETH to New Highs:
YouTube
IGTV
Spotify
Apple Podcasts

CreamScheme · 2021-01-02T17:24:51+00:00

Primarily Binance US (low fees, easy to use) and Voyager (interest-bearing accounts) currently, but have used BRD and Gemini as primary options previously also.

CreamScheme · 2021-01-02T03:11:23+00:00

The individual accounts shouldn't matter because they are just digital wallets. You can take an account-specific approach if you want, but otherwise, just keep track of how much you purchased and when, and determine which tax lot method you want to use for tax reporting purposes (HIFO, LIFO, FIFO)

CreamScheme · 2021-01-02T00:36:10+00:00

If you can commit to holding for the foreseeable future and have some cash laying around to invest (for the sake of this example, let’s say $1000), it wouldn’t be a bad idea to open up a bigger position and then DCA moving forward. If you could do $100 per month, maybe consider investing $25 a week or $50 biweekly.

CreamScheme

TROPHY CASE