Staying true to my desire to experiment and try new things firsthand, I minted my first NFT on the Solana Blockchain this week on SolSea. I decided to go to the Solana blockchain despite the Ethereum Blockchain’s popularity mainly to save on the cost of minting. Currently, the gas fees (the cost to transact on Ethereum) are very high–if I…
Category: Cryptoassets
My First NFTs: Nice Drips
THIS IS NOT INVESTMENT ADVICE–I AM NOT RECOMMENDING YOU START BUYING NFTs. I’M SHARING MY EXPERIENCE AND LEARNING IN PUBLIC LIKE I HAVE IN THE PAST. Like many, I’ve been sitting on the sideline watching the NFT market gain in popularity. I’ve been eyeing any NFT by Jack Butcher but they quickly go outside of my budget but I’m determined…
Are Your Cryptoassets Trapped?
With the excitement around Robinhood’s S-1 filing yesterday and its upcoming IPO, I have no doubt more investors will be giving the company a look, which is hard to believe given that it has over 18 million accounts and $80 billion in assets on the platform. Those numbers are bonkers, especially if you look at how it grew from 7…
I’m Team Onramp
As an early investor in Onramp, I’ve had a behind-the-scenes look at what Tyrone Ross, Eric Ervin, and the entire Onramp team have been building. It’s impressive. It’s needed. And, It’s going to make a huge impact on the practices of financial advisors and in the lives of their clients. As a financial advisor, I have a clear vision of…
Why I Invested In OnRamp
It’s been a long term goal of mine to invest in startups led by people I believe in–I even shared the goal in a post last year (I’ll come back to the power of putting your goals out in the universe to manifest themselves in a future post). If you missed it, I shared my first startup investment during an…
The Potential Tax Bomb For Crypto And Digital Asset Investors
I consider it my responsibility to bring potential financial bombs to your attention… As the NFT market continues to excite investors, NBA Top Shots show no sign of slowing down, I can only expect that investors who have seen huge gains in their cryptocurrency positions will continue to bid up the digital asset market. In doing so, I’m concerned many…
Diversify Those Crypto Gains
For most retail investors the hype around cryptocurrencies appears to have calmed down, which shouldn’t come as a surprise given how many caught FOMO and bought when Bitcoin was at $19,000. But, the 4th annual Consensus Blockchain Technology Summit, which kicked off Monday, tells a different story. For the individuals working in cryptocurrencies and Blockchain, the excitement hasn’t died down–it’s…
A Beginner’s Guide To Cryptocurrency and Blockchain (001)
Welcome to the first official episode of All About Your Benjamins The Podcast. I’m excited to finally have gotten the podcast off the ground, and can’t wait to talk a little cryptocurrency and Blockchain with you today. This podcast is for those new to the subject and want to learn a little more about what everyone else is talking about.…
When It Comes To Bitcoin, If You Can’t Laugh At Yourself…
…then how can you laugh at anybody else? This video popped up on my feed a couple of times over the weekend, and I couldn’t help but laugh. I’ve had many conversations about Bitcoin and cryptocurrency, and while I don’t sound like the guy in this video, I’m sure I’ve sounded like I belong to a cult to some people.…
The Ripple Effect Of Cryptocurrency
Crypto education continues…just paid 38% in fees to test out owning Ripple…tuition paid. What a process! — Justin Castelli (@jus10castelli) December 18, 2017 Worried my professional identity was beginning to blur the line between a financial advisor and a crypto-crazy, I had planned to take a break from the world of cryptocurrency and Blockchain after cashing in my initial investment and…