When we discussed creating a show that would educate and entertain people new to the world of cryptocurrencies one of the more difficult issues was deciding if we should focus on our trading or on reviewing projects. We decided to do both! Let us be be very clear that many of the projects reviewed have given us a donation. We use that towards production costs and to hold a small amount of the token to use for trading or revenue creation through staking and farming. One thing I know for sure is that you have to have skin in the game to really understand how something works. For me personally coming from a Bitcoin background it is a steep learning curve to understand a whole new set of possibilities and a new language in these mainly ethereum based projects. We have made many instructional video to help you so be sure to subscribe to our channel to stay ahead of the curve.
The show is divided into two segments with the first segment looking at our personal trading which began with 1 ethereum. We have also started with .025 BTC on the Primexbt platform. Each week we show you the trades we have made in these accounts. You can view the wallets and the activity in them at anytime. Here are the addresses.
Data from Dune Analytics shows that DeFi protocols have been used by 400,000 users. Popular app Robinhood has 14 million users. Factor in that 20 to 50 million people are estimated to have owned Bitcoin or they currently own Bitcon. Its is also estimated 33% of adults in the USA have non-retirement investments. This imply s around 80 million people have brokerage accounts. All interesting facts and figures else might drive price? A driver could well be capital migrating from stagnant cryptocurrencies to DeFi. So called “ghost chains” could represent a $50 billion growth opportunity for Eth and DeFi. Could Defi still have its real bull run, Im certianly not writing that off. The average retail investor is still not hear yet also in my opinion. Exciting times ahead for sure.
This new show is called 1 BTC and 32 Ethereum. This show is all about Bitcoin Ethereum and Altcoin trading. This show is all about our race to maximise gains while the market is turning bullish. The channel has been all about Bitcoin for four years but it is hard to ignore the action happening outside of Bitcoin. With this in mind two more Hardforkers bring their years of experience in Ethereum and altcoins in a challenge to race to 1 BTC or 32 ETH in value. Each week we look at the fundamentals of 2-3 projects which have donated 1 eth equivalent in their projects tokens. We Hodl sell or buy more of that token. We also start this race with 1 eth and .03 BTC to use to trade any project. We hope you enjoy the show and learn a lot along the way. Lisa N Edwards joins us also this week. I’m personally using the follow trading function called covesting on the Prime xbt platform to follow her. We will also be doing a video with her to look at hoe longs and shorts work in the next week.
You should also follow our Hard Fork series to hear from the best minds in the Blockchain space. Coming up in the next couple of days we have Simon Dixon of Bank to the future. Simon is one of the most astute investors in the Blockchain space. The 1 Bitcoin and 32 Etheruem show is all about fun. The Hard Fork series is a more indept intellectual discussion and we hope you find plenty of entertainment and education in these shows.
This weeks projects and links to the long form interviews
Ferrum network https://www.youtube.com/watch?v=b9jLCow0Ybk
Pirate chain https://www.youtube.com/watch?v=f2cVREp1ddI