My cousin works in the cybersecurity space and said it was a crime not to own any cybersecurity stocks.

Probably going to start a small position in $CRWD.

Just got a call asking me to look into the $CND SPAC. Taking circle public. I haven’t done research yet, but am interested in learning more.

Anyone have any thoughts?

🚨🚨🚨

*Sec Chairman says banning Payment For Order is 'on table': DJ

$SOL.X > $100.

$PTON announces they are cutting price of original bike by $400 across all markets.

This last Tuesday (Aug 5th) my friends and I were playing poker at 10:30pm. Fast forward 30 minutes into the game and I am trying to convince my friends to go in with me to buy a racehorse on Zed.run. Yes, at its core this is a fun, new thing to try on the internet, but for me, I love discovering new and fun ways to make money in the Great Online Game.

To describe Zed.run best, I want to quote a piece from Alternitiveasset.club...

"Zed Run is a new blockchain-based game that lets you own and race digital racehorses. That’s right, you buy them, breed them, raise them, sell them, and of course race them. All transactions are in Ethereum, and all money earned is real. Each horse has its own unique characteristics, ancestry and stats passed on through blockchain-based genetics."

When Zed Run started back in early 2019, horses were selling for as little as $30. Now, some horses are selling for upwards of $150,000 on secondary markets. While some NFT fads faded away in recent months, Zed has done the opposite. On July 21st, Zed Run announced a $20 million Series A led by A16z and the Chernin Group, and just yesterday Nascar announced a partnership with Zed Run in hopes to dive deeper into the metaverse.

I've learned a lot in my life, but Zed Run had one of the steepest learning curves I have seen. Personally, I would still say I am a beginner so take everything I say with a grain of salt.

First things first, you have to buy a horse. To buy a horse you either buy one when Zed does a drop of a few hundred horses, which routinely sell out in a few hours, or you can buy one from another user on OpenSea.io. There are a few things you need to look for when buying a horse...

Yes you can, but it isn’t easy (when is it easy to make money though?). It's kind of like a game of chess, you have to make the right moves and be smart with how you buy, race, and breed your horse, but if done right, you can make it a worthwhile investment.

You have to maintain a heavy focus on your stable though, by all means this is an active investment. You need to make the right management decisions and be sure to network within the community. The main ways to make money are by winning races, which isn’t life changing money, but certainly enough to break even. The real money comes through breeding. If you can buy a racehorse that wins over 33% of the time and breed it with a female who is a decent winner, you can sell the offspring of your horse for a lot more than you bought the original horse for. That said there are many other strategies to make money through this game, it is just all about how you want to run your stable.

$ETH in my mind has become the first cryptocurrency with concrete use cases, don’t get me wrong, I love Bitcoin and believe it is a great store of value, but with the rise of NFT’s, ETH has really shown how good of a use case it can be. When you are buying a Zed horse with ETH it is just a NFT, but instead of digital art, it can be used in a game.

On top of this, when my friends and I went to purchase the horse, 3 of the 5 of us had to acquire $ETH.X (don’t worry I wasn’t one of them). Now as this game and the entire metaverse grows, more people are going to want to acquire digital assets for themselves and for entertainment purposes. I believe that this provides support for the thesis that $ETH has successfully positioned itself as the asset people need to play in this Great Online Game.

Additional thoughts, comments, and questions are welcome!

$HOOD Stock market has been open for 13 minutes.

In the first 5 minutes, Robinhood went up 40% and got halted.

5 minutes later trading was resumed, stock jumped another 25%.

Halted again. Currently waiting for resumed trading.

Who believes a crash is coming this year and what are you doing about it?

$SQ just pre-announced Q2 earnings on a Sunday afternoon...

They also announced they were going to pay $29B to acquire Afterpay.

Earnings call will be tomorrow at 8am.

What a crazy Sunday afternoon.

I. Love. Companies. Who. Constantly. Experiment.

It shows they are still innovating like a startup even after being public. This will continue to be one of my favorite investments because of how much they like to try experiments. The more they experiment, the more they find things that work and the more the company grows.