CashPsych

For decades, investing was almost synonymous with putting your money into solid companies — physical assets, predictable revenue, long track records. Think petrochemicals, banks, construction, heavy industry. That was the old economy — and for a long time, it ruled without question. But the game has changed. Or rather, it’s been flipped upside down. With the turn of the millennium and the rise of tech giants, a new breed of companies emerged: digital, scalable, intangible, and growing at breakneck speed. Enter the new economy — agile, loud, disruptive. So where should today’s investor look? What Is the Old Economy, Really? Old economy doesn’t mean obsolete. It refers to the foundational sectors of the economy: energy, transportation, traditional finance, manufacturing, telecom, agriculture. Think ExxonMobil , JPMorgan Chase , General Motors , Coca-Cola , AT&T . These are the companies that carry GDP on their backs — and sometimes politics too. Investing here tends to be...

   There’s a dangerous illusion haunting the stock market: the belief that B2B companies—those selling to other businesses—are "safe" investments because they have "big" and "structured" clients. Nothing could be more deceptive. In my view, this logic is like buying a car without airbags because the engine is powerful: you might reach your destination quickly, but a trivial accident will be catastrophic. And here’s the truth no one wants to face: investing in B2B without understanding its web of dependencies is gambling in a casino where the house always wins.   The Fantasy of "Corporate Clients" and the Reality of Foretold Disasters: I argue that B2B companies are victims of collective bias. We see million-dollar contracts with giants like Apple or Petrobras and imagine stability. But we forget that in the real world:   1. One Client Isn’t a Client—It’s a Dictator    When a company relies on three corporations for 70% of its revenue (and yes, th...

The recent hack of Bybit, which resulted in a loss of $1,5 billion, underscores the critical importance of rigorous security measures in the cryptocurrency market. This historic incident serves as a wake-up call for all investors. In this post, we share practical strategies to mitigate risks and avoid catastrophic losses.   1. Choose Exchanges with Proven Security - Lesson from the Hack: Centralized exchanges are frequent targets.  - Action: Prioritize platforms with strong security track records, such as those using cold storage (offline storage) for most funds, security certifications (ISO 27001), and anti-fraud systems.  - Examples: Binance, Coinbase, and Kraken invest heavily in security, but always research recent updates.    2. Don’t Keep All Assets on Exchanges   - Lesson from the Hack: Bybit lost user funds due to vulnerabilities.  - Action: Use exchanges only for active trading. For long-term holdings, transfer crypto ...

The recent hack of Bybit, the world’s second-largest cryptocurrency exchange, which led to a $1.5 billion loss, has reignited urgent debates about digital security and the need for robust education in the crypto space. While many point to the incident as evidence of the ecosystem’s fragility, it is critical to separate fact from fear: the issue lies not with Bitcoin or blockchain technology itself, but with the risk management practices of centralized platforms. Far from discrediting cryptocurrencies, this event underscores the importance of deeply understanding how this market operates—and here, education becomes an investor’s greatest ally.     Centralization vs. Autonomy: Where Does the Real Risk Lie? Bybit, like other exchanges, operates under a centralized model, meaning it holds control over millions of users’ assets on vulnerable servers. This structure starkly contrasts with Bitcoin’s original vision: a decentralized network where individuals hold responsibility ...

  Have you ever imagined a world without physical money? No crumpled bills in your pocket or that spare change that mysteriously disappears? Well, Bitcoin emerged with this bold proposal: to be a decentralized digital currency, without banks in the middle and without government control. But is it really the future of money, or just a bubble waiting to burst? What Exactly Is Bitcoin? Bitcoin is a cryptocurrency, a digital currency based on a technology called blockchain . Instead of a bank keeping track of your transactions, they are verified by a decentralized network of computers spread across the world. And the best part? Everything is done anonymously and securely. Created in 2008 by a mysterious programmer (or group) known as Satoshi Nakamoto , Bitcoin was designed as an alternative to the traditional financial system. Unlike the dollar or any other fiat currency, it cannot be printed or controlled by a central bank. Its scarcity is programmed: there will only ever be 21 mil...

Warren Buffett, the Oracle of Omaha, coined one of the most iconic phrases in the investment world: "Price is what you pay. Value is what you get." If we apply this wisdom to the current landscape of artificial intelligence (AI), we face a clear dilemma: are we paying a high price for an emerging technology, or are we seizing a unique opportunity to capture long-term value? AI is rapidly becoming one of the pillars of the modern economy, transforming sectors such as healthcare, education, retail, and, of course, the financial market itself. However, as with any technological revolution, there are inherent risks at this moment. Excessive hype, lack of regulation, and ethical challenges mean that AI is still in a maturation stage. The question that investors, entrepreneurs, and consumers need to ask is: what is the real value of AI at this moment? Unique Opportunity: AI as the New Industrial Revolution Looking back in time, we see that moments of great transformation have al...

  When DeepSeek emerged, it sent shockwaves through the artificial intelligence market. The reasons? A challenge to American dominance and the remarkably low cost of developing the AI. Until then, since the launch of ChatGPT by OpenAI, the United States seemed to hold a monopoly in the sector. This was evident from the major players: Microsoft, Apple, Google, and Meta. These companies appeared to be far ahead of the rest of the world, concentrating the most advanced AI models and establishing a closed ecosystem of services and computational infrastructure. But that was just an illusion. With the arrival of DeepSeek, the game changed! What’s most intriguing is that the Chinese team behind DeepSeek decided to make it open-source, much like Linux—going against the grain of Western tech giants, which typically restrict access to their AI models to push users toward paid versions. This decision makes a huge difference. Anyone—individuals or companies—can use DeepSeek however they want, ...