Cryptocurrency Scams Exist - So Be Careful Out There And Beware Eh?

The cryptocurrency market is growing each day.  New participants are entering the market and new opportunities arise constantly - whether it is in the form of day trading coins, participating in ICOs, buying tokens in a coin trading fund, participating in coin lotteries, etc.

With this in mind, the number of tricks and scams on the market also grows.  Hackers, liars, frauds, thieves, fake ICO whitepapers, pump and dump ICO schemes, and so forth seem to pop up from time to time.  The idea is to steal or defraud you of your hard earned money or coins, and whisk everything away somewhere anonymously.  I have found an interesting news group (www.cryptocoin.news) that covers this topic relatively well from an industry perspective: https://cryptocoin.news/category/news/scams/

I would recommend folks to use this resource (among others they also are using) for daily updates on what is happening in the dark corners of cryptocurrencies, so you can stay informed about different tricks and current scamming trends.  There is enough risk already in the market from price and liquidity volatility, regulatory and market questions, etc.  You don't need some jerks adding to that by stealing your property or defrauding you.

Where there is large money there are large opportunities but this likewise attracts criminals and the criminally minded types.  Be knowledgeable and be safe out there, cheers.

USA offshore oil and gas territories are 98% open for business across the board... but who is taking it up?

The United States proposes to open 98% of its Outer Continental Shelf to oil and gas leasing .  While this seems like an astronomical development with profound price implications worldwide... early analyst response "seems" to indicate that many industry players may be slow to respond in any case.

For full information, including analysis by Wood Mackenzie, see the link here:

https://www.epmag.com/analysts-expect-slow-oil-gas-industry-response-mega-us-lease-sale-proposal-1677321

Cryptocurrencies have crazy intraday volatility

This is not news to anyone who follows blockchain or the cryptocurrency space within the field of alternative investments, but... man.  Just man.  The main cryptocurrencies such as Bitcoin and Ethereum have had approximately 13% and 30% price volatility over the past 24 hours.  By the end of today it could be even higher.  On the one hand, if traders are somehow able to maneuver through these currencies and capture some of the upside, their annualized returns can be astronomical.  Just wow size.  And the main currencies are liquid enough for individual traders to move in and out without taking the market with them.  But on the other hand, it all seems so chaotic, how does one catch the falling knife and when do you buy the dips or avoid getting caught holding... which is where some recent Bitcoin traders may find themselves right now.  Deep thoughts.

Salute to everyone brave enough to trade in this market, I tip my cap to you, this is the craziest up/down sector I have seen ever... so far as I can recall personally.  Carbon was also volatile but it quickly fell to zero over the same time these cryptocurrencies have arisen and kept their values/liquidity.  Perhaps because carbon was a pure reglatory paper asset, while cryptocurrencies actually have growing monetary exchange and transaction uses worldwide.  What is money anyway - just some valueless thing we assign value to... used to be rocks, then moved to metals and paper... perhaps now to blockchain code.  I can't get my mind fully around this yet to be honest, wouldn't be surprised whatever happens.