The Basics

I often get asked “How/where should I store my Bitcoin?”

This is a complex question that I’ve explored extensively over the last 8 years HODLing, but there are some simple ways to break down the solutions and pros/cons.

There are two ways to store your Bitcoin:

  • Custodial: You trust a company like Kraken, Coinbase, Anchorage, etc. to store your Bitcoin for you where they have control over the private key.

”Not your keys, not your coins” is…


The Basics

I often get asked “How/where should I store my Bitcoin?”

This is a complex question that I’ve explored extensively over the last 8 years HODLing, but there are some simple ways to break down the solutions and pros/cons.

There are two ways to store your Bitcoin:

  • Custodial: You trust a company like Kraken, Coinbase, Anchorage, etc. to store your Bitcoin for you where they have control over the private key.

”Not your keys, not your coins” is…


A Open letter for all who don’t have bitcoin, I care for you.

Dear Friends, Family,

I am Writing this letter because I am convinced of two things: (1) our current money is fundamentally broken (2) using superior money will benefit you in particular — and society in general — in the long run.

Money is a touchy subject — most people don’t like to talk about it, either because they have little and are ashamed, or because they have lots and are afraid. …


“Central bank exist to make sure everyone has fun staying poor”

Currently we are seeing bitcoin goes for a shortage crisis. There is not enough bitcoin in existence that meets current demand so the price is being pushed up dramatically, every 4 years bitcoin goes to something called halving. This is where supply gets cut in half. And the most recent halving took place this year in May. So before May from 2016–2020 everyday 1800 Bitcoins coming into existence every single day on average. After May that got cut into half to 900 bitcoins coming into existence. …


A Stop Loss is meant to protect you from yourself.

I can’t stress it enough — risk management is everything in trading. Part of managing risk in both legacy markets and cryptocurrency is properly using stop losses. I have done the heavy lifting and made countless mistakes while trading and paid my dues so you don’t have to. Below are my Do’s and Dont’s of stop losses.

Always Trade with a stop loss

Beginning traders tend to trade emotionally, which manifest in refusing to quickly accept losses. The most essential skill that a trader must possess is the ability to accept a loss and move on…


In this article, I will attempt the difficult task of explaining how to value, or price, Bitcoin. However, I will discuss the topic at a fundamental level. This is not a technical analysis.

Money is language

We must first understand that money is a language. Money helps rank the relative wealth and value of individuals, goods, and services. Neither language nor money need intrinsic value. They need no alternative use.

Think about the game Monopoly. The players agree to the rules of the game and compete. The winner of the game has the most property, which is bought with Monopoly Money. Monopoly Money…


“A group of people thinking different is a market”

Why India has to embrace #crypto now? There seems to be no other choice left. So much development has taken place globally that it is almost impossible for India to ignore. Our country is standing at a very important juncture.

China state backed #Blockchain is integrating with 6 public blockchains. Now just imagine anyone from anywhere will be able to build apps and run nodes using data storage and bandwidth from BSN’s overseas data centers. China wants to be only infra provider to all the firms.

To add on to this…


“bitcoin is the protection people need”

The year 2020 has been the most challenging year in decades with Covid-19 having a significant negative impact on the global economy and hence the global markets. Several countries resorted to lockdowns to flatten the curve of the infection which led to a loss in business. Almost all economies are on the verge of a collapse. The virus has led to a crash in the stock markets around the world and oil prices have fallen significantly. There was a time when crude oil was selling at a price less than USD 0. As per…

Alok Thokale

Columnist. Maximalist. Positional Trader.

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