Category: Investing
Cold Wallet vs. Hot Wallet (Hardware & Software Wallets)
I keep getting questions whether it’s worth it to buy BitBox02 or Keystone 3 Pro if they already use MetaMask/Exodus/TrustWallet and have written the seed phrase on paper. Yes, it’s absolutely worth it. In this post, I’ll explain a few benefits and protections you gain with hardware wallets that hot wallets don’t offer. But first, …
Bitcoin Mining Isn’t “Solving Difficult Math Problems”
The common way content creators explain Bitcoin mining to their audience is: “… Miners are solving difficult math problems…” This is false and misleading. Nobody is “solving difficult math problems” or the even cringier version “difficult mathematical equations“. Please share this post with anyone claiming to be an educator and using such terminology. What is …
CSPX vs SPYL – What is The Best US ETF
A US ETF is usually the core of most investors’ portfolios. I’ve already covered the most popular UCITS ETFs (CSPX, VUSA, IUSA), but since late 2023, we have a new contender: $SPYL. In this post, we’ll analyze whether SPYL can dethrone CSPX as the best US ETF. CSPX Ticker symbols: CSPX, SXR8, CSP1; ISIN: IE00B5BMR087 …
Recover Accounts on Different Hardware Wallet
Although I regularly cover hardware wallets and the seed phrase management on my blog, there is one concern that I’m often asked about. I’d paraphrase/summarize it as: “If my hardware wallet malfunctions after the company goes bankrupt, will I lose my money?” And the answer to that question is: no. As long as you have your …
Can Bitcoin Reach One Million Dollars?
Can Bitcoin reach million dollars? Undoubtedly! Probably not this cycle, but why am I so sure that it’ll happen at all? Well, let’s forget about Bitcoin for a moment. Let me take you on an eye-opening journey… And by the time you’re done reading, you’ll be as certain as I am. House Prices in 1963 …
Receive Tax Free Dividends in The Netherlands
If you’re a long-term index investor residing in the Netherlands, you can receive dividends tax free. Although I’m not a big fan of dividend investing, I still want to share some strategies that ETF investors can utilize without much effort. Basically, you’d leverage the tax treaties and tax codes of different countries to legally avoid dividend …
Why I Don’t Like the Term “Hardware Wallet” – Signing Devices and Keychains
As most of you know, hardware wallets are devices that give users total control over their digital assets. I cover this in detail in my security posts and in the self custody manual for beginners. So let’s start with a quick recap: What is a Hardware Wallet? In an oversimplified summary, a hardware wallet is …
Real Diversification – Banks, Passports, Residencies, Driving Licences, Assets
As investors, many of us understand the role of diversifying our portfolio across assets and asset classes. However, if you’re pursuing a free and abundant life, handling the financial aspect is just the base layer of the pyramid. In this post, I want to give examples of diversification that most people don’t consider – but …
My Hardware Wallet Recommendations: BitBox02 & Keystone 3 Pro
I write about self custody and security a lot on this blog. The holy grail of securing digital assets is using a hardware wallet. And I’ve compared most with each other: Trezor, BitBox02, Ledger, Coldcard or the Keystone 3 Pro review. In this post, I’ll give my summary and recommendations: BitBox02 & Keystone 3 Pro …
How to Cash Out Millions in the EU Tax Free
EU has a reputation of imposing oppressive tax rates. While this is true in general, investors can make use of the different treatments of investment profits to significantly lower or even fully avoid paying capital gains taxes. If you’ve made significant profits in the past years, this post will save you a lot of money. …
Bitcoin Exit Strategy (Cycle Based Rotation)
If you were smart and accumulated Bitcoin during the bear market, you’re sitting on a massive gains so far. Of course, most of us understand the benefits of being a long-term holder. You get Bitcoin’s inevitability and that it’s an antidote for inflation and the money printer. Still, some of us are also aware of the …
The Self Custody Manual: A Practical Guide to Buying Bitcoin and Hardware Wallets
The Self Custody Manual is a step-by-step guide on buying Bitcoin and securing it in cold storage. Get your free copy at: The Self Custody Manual.
What is a Seed Phrase – BIP39 Standard Simply Explained
Understanding seed phrases is essential for protection of your digital assets. I already covered best practices of seed phrase protection and today I’ll explain exactly what we’re protecting. Private Keys vs Seed Phrase The ownership of a crypto wallet boils down to having the private keys that control it. A private key is a string of alphanumeric characters that …
IWDA vs SWDA – What’s The Difference?
New investors that want to diversify globally don’t understand the difference between $IWDA vs $SWDA. And indeed, both of those represent the iShares Core MSCI World UCITS ETF (Acc), so the distinction might be confusing to beginners. In this post, I’ll explain why some ETFs have multiple tickers and how to choose between them. iShares …
10 Requirements: Choose a Good Hardware Wallet
Choosing a hardware wallet is a serious and extremely responsible decision. A user has to do dedicated homework instead of picking the cheapest or the first available option. When I was evaluating which hardware wallets to buy, I relied on the following list of requirements. Read on and see the reasoning behind each. 1) Has to …