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Preparing For The Return To The Office As A Single Parent? Here Are Ten Practical Tips That Can Help You Adjust

After nearly three years of remote working, countless employers, from startup companies to multinational conglomerates are now requesting employees to…

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After nearly three years of remote working, countless employers, from startup companies to multinational conglomerates are now requesting employees to return to the office five days a week.

Despite numerous studies and reports indicating employees tend to be more productive when working from home, employers remain persistent that their staffers be present in the office every day of the week.

In fact, a report showed that in ten major American metropolitan areas, office attendance has already reached 50 percent, the first time since the pandemic started in March 2020. In some places, like Austin, Texas, office attendance is already standing at 66 percent by February 2023.

For some working parents, the opportunity to work from home, even several days of the week, allowed them more flexibility in their daily schedule. The improved autonomy meant that many parents could take up childcare duties, while still being on the clock.

However, more freedom to plan their days, and attend to their children didn’t always mean increased efficiency. A report by The Ohio State University found that nearly 66 percent of working parents experience parental burnout.

Parents were often left having to juggle childcare responsibilities, while still maintaining attendance at work, leaving many exhausted and with a feeling that they have ‘nothing left to give.’

Single-working parents could face the toughest headwinds before returning to the office. Now that they are no longer available around the clock to care for their children, and plan their days around their household, making the necessary adjustments could be a challenging task in itself.

Tips To Help Single-Working Parents Adjust

A “return to office” email can find itself in your inbox at any given time, and having a contingency plan means that you are prepared for the day this might happen.

While it’s not at all possible to plan for the exact time and day this will happen, making sure you have the basics under control will help make the return to office process a lot less stressful on you and your family.

Have A Daily Childcare Plan

In an American Time Use Survey Summary published by the U.S. Labor Statistics, adults that reside in a home with at least one child under 13 years, were found to spend on average 5.3 hours per day providing secondary childcare.

Other than that, those parents with at least one child under the age of 6 years, spent 2.1 hours per day providing primary childcare to household children. It was also found that parents tend to spend less time on secondary childcare during the week, compared to weekend days.

As a single parent now on their way back to the office, planning means that you will need to plan for your children too, especially in cases where they are unfit to attend to themselves.

It’s at times best to have a childcare schedule already in place that covers every day of the week, from Monday to Friday. For each day, make a list of what your childcare options are, this way you will have a clear idea of what works with your schedule, and your budget and is best suitable for your children.

The planning might feel somewhat laborious, but it would ensure that you and your children find a suitable workaround, that is planned according to your daily commute and does not affect their schedules as well.

Plan Your Finances

Like many other things, returning to the office is more expensive now than it might have been when you left it.

In recent months, younger generations have taken to social media to document the average daily cost of going into the office. Those that have kept track, found that they often spend between $30 and $45 per day on transportation costs, coffee, and daily lunches.

Those that are required to be in the office at least three days per week found that it could cost them up to $100 per week.

When you begin to factor in other costs, such as meeting with colleagues for a lunch or coffee date, having to update your work closet, and having to commute to the office each day, you will quickly realize that the return to the office isn’t cheap.

Planning your budget will give you a clear indication of how much you can set aside for things such as transportation, or having to update your work attire. Not to mention, the additional cost of after-hour childcare, lunches, snacks, and the occasional coffee on your way to the office.

Make sure that you have all the basics covered, and that you plan emergencies that may cost you extra. Having control over your budget will help you see where your paycheck is going, and how much you have left for savings or luxuries.

Make Use Of Carpooling

The cost of your daily coffee or lunch at the office isn’t the only thing that is now costing you more. Data provided by the U.S. Energy Information Administration indicates that the price of gas per gallon is still somewhat higher than what it was during the pandemic years.

As of July 2023, the national average was $3.712, compared to $2.272 in July 2020. These prices are still relatively below their peak of $5.032 in June 2022. The one dollar difference might not look like much at first, however, once you begin to calculate the cost of your daily office commute, including having to drop off and pick up your children, the difference begins to weigh heavily on your monthly budget.

Many parents today still make use of carpooling, whether it’s for themselves, or even for their children. In some communities, parents have taken the responsibility of sharing the cost among themselves of having their children carpool.

As you begin to find your feet in the office again, ask around whether a colleague would like to carpool with you, or vice versa. There are different ways you can make your commute, and that of your children work for your schedule and budget.

Take up the opportunity to ask about any available community groups within your neighborhood, or perhaps reach out to other parents. Having a helping hand, even if it’s for a few days of the week can help minimize any burdens on your schedule.

Consider Asking For Help

There is nothing wrong with asking for help, even if it means reaching out to a friend or family member. There might be a time when you feel that an extra pair of hands around the house could help take a load off your shoulders, and in that case, it’s best to consider the options you might have available.

If your partner is still available, and around to help out with childcare duties, reach out to them and explain to them your situation. This will help to alleviate immediate primary childcare responsibilities, but also ensure that your children are being taken care of by someone they are already familiar with.

Reach out to a family member, whether it may be your parents, an aunt, or even a younger sibling or cousin that can help out with household chores every other day of the week. You may find yourself relying on those closest to you in times of need, however, it’s best to ask people your children are already familiar with, but more so, finding someone that you can trust.

Childcare responsibilities are one thing, but having someone come around the house now and again to help clean, wash, and fold laundry, maybe even help out with homework can help free a lot of time in your schedule and minimize the stress of having to make critical decisions for your entire family alone.

Meal Prep Lunches And Dinners

One way to save a bit of extra time, and effort in the mornings and evenings is to plan your weekly meals and cook in bulk. In some cases, you can cook large quantities, and freeze smaller portions for when you might need it in the near future.

Having a weekly meal planner can save a lot of time, and take away the guesswork of what to pack for lunches, or what to make for dinner. Not only this but when you know what you are planning to make, you eliminate the chances of making unnecessary purchases at the grocery store, which can also help bring down your monthly grocery bill.

Now that you are working in the office again, you will want to make sure you pack enough nutritious food that can carry you throughout the day. Look for products that are high in energy, that contain a lot of important minerals and nutrients. Pack extra fruits that you can have during your commute, or when you begin to feel hungry in between office hours.

Do the same for your kids, make sure that they are now receiving the same amount of nutritious meals as what they had when you were still working from home. Remember, their dietary changes and habits will be just as big an adjustment as it is for you, so be patient with them, and talk to them about these things beforehand.

Ask Your Children To Help

When the time is right, have a conversation with your child or children about the new changes that will be taking place in the coming weeks. There is nothing wrong with asking your children to help out around the house, especially if they are already oil enough to care for themselves under your supervision.

Set up a weekly chore chart, whereby your child or children can help complete weekly duties in and around the house. Whether it’s cleaning their rooms, folding and packing away laundry, or organizing the living area, simple things that can easily be done by a child will help lighten the burden on your shoulders.

Never make it seem or feel like work for them, that’s when children become increasingly opposed to something. Just as you would with other people, explain to them the situation, and how the household dynamic might now be changing as you return to the office.

Keep in mind that you are not alone in this, and many other single working parents are going through the same things as you are. In fact, nearly a quarter of American children under the age of 18 years reside in a single-parent household.

America has one of the highest single-parent households in the world, with 23 percent of children under 18 years living with one parent, compared to the global average of 7 percent.

Think of it as a ship, when all the parts are properly working and moving, then it feels as if nothing can go wrong. Yes, there are times when it might not all be smooth sailing, but at least you and your kids know what needs to be done to overcome turbulent conditions, and how everyone can contribute to the household.

Make Use Of Extracurricular Clubs

There might be a chance that your children can attend an extracurricular activity or club, before or after school hours. This would give you some peace of mind, knowing that your children are still being cared for, within a safe space among the teachers and students they are familiar with.

If your children are not currently attending any extramurals, outside of school hours, see whether there might be something they are interested in, that they have always wanted to do, but never actually thought of before.

Your kids might want to take up art classes, writing, or an Advanced Placement class, but never had the appropriate exposure to help them decide which is right for them.

See if you can help your kids hone in on their skills, and how a morning or afternoon school club can help them build on this knowledge. While there might be additional costs to these extracurricular classes, consider the time and resources it would save you in the long run, but also what it could potentially mean for your children.

Plan Your Weeks And Weekends

Any parent will share the craziness that comes with being a parent, and not having an appropriate schedule to follow during the week. Make sure that you take up the planning of your days or weeks well in advance, either a week or two before you have to start working in the office again.

This would be a great opportunity to talk to your children about the changes that will be taking place in and around your home. More so, if you are taking up private childcare, such as a nanny or childminder, then you can give them some time to acclimate to the new person that will be helping out with the chores and daily responsibilities.

More than this, planning your weeks will help you know exactly what everyone is doing, where they might be at any given time of the day, and where your attention might be needed to help fulfill your role as a parent outside of work and household chores.

Planning your days will help if something suddenly changes. There is a lot that can change on a whim, someone might be sick or needs to be picked up from school earlier. You might get sick or need to travel for work, or even get stuck at the office later than expected.

Having your days planned out means that you can be as organized as your schedule and lifestyle allows. But more than this, it ensures that you and your family know what needs to be done in and around the house, and who might be responsible for certain chores.

Make Time To Network With Colleagues

You might have spent the better half of the last three years communicating with your colleagues through a computer or over the phone, however, now might be the time to reconnect with them in person before you return to work.

If you haven’t already done so, take some time to schedule a quick meet-up with one of your closest colleagues, this way you will feel less stressed or anxious about returning to the office. Knowing that you are not alone, can help put your mind at ease.

Perhaps your team has grown in the last several years, and there have been some new additions. This is a good time to reach out to them, as they might also feel just as anxious about going into an office full of people they’ve only known through conference calls or virtual messages.

Whether it’s a quick lunch date during the workweek, or even having coffee with an old colleague and work friend the weekend before the return to the office, these small things will make a big difference in how you approach the situation, but also help give you more peace of mind knowing you’re not the only one feeling agitated about the fact that you are returning back to in-person work.

Schedule Alone Time

Now that the days of working alone at home might soon become a thing of the past, make sure that you schedule alone time for yourself.

This might be something small, such as going for lunch by yourself during the workweek, or even taking yourself for coffee over the weekends. Having a bit of alone time, especially now that you have to take on so many more responsibilities, can help you unwind, relax and reflect.

Being a working parent isn’t easy, and there might be times when you feel overwhelmed with everything that is taking place. Keep in mind that you are also human, and although you are doing your very best to accommodate everyone around you, you also need to make time for yourself.

Be mindful of your alone time, and indulge in the things that you enjoy. Make sure that your children, caretaker, or nanny are aware of the times when you might be out of the office and also out of the house. Setting boundaries with yourself, your work and those around you will ensure you receive the rest you need to operate at your fullest capacity.

Concluding Thoughts

After more than three years, your work-from-home might soon be coming to an end. Nevertheless, whether you are needed in the office full-time, or partially, it’s best to start planning your days, ensuring that you and your children are aware of the changes that will be taking place, and how this will affect everyone in the house.

Having a contingency plan, and making sure everyone is on board with the new responsibilities they will be given can give you as a single working parent some peace of mind. Knowing you are not doing this alone, and that like many others, you already have a team of your own that can help prepare for your return to the office.

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Bitcoin on Wheels: The Story of Bitcoinetas

Meet the Bitcoinetas, a fleet of transformative vehicles on a mission to spread the bitcoin message everywhere they go. From Argentina to South Africa,…

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You may have seen that picture of Michael Saylor in a bitcoin-branded van, with a cheerful guy right next to the car door. This one:

Ariel Aguilar and La Bitcoineta European Edition at BTC Prague.

That car is the Bitcoineta European Edition, and the cheerful guy is Ariel Aguilar. Ariel is part of the European Bitcoineta team, and has previously driven another similar car in Argentina. In fact, there are currently five cars around the world that carry the name Bitcoineta (in some cases preceded with the Spanish definite article “La”).

Argentina: the original La Bitcoineta

The story of Bitcoinetas begins with the birth of 'La Bitcoineta' in Argentina, back in 2017. Inspired by the vibrancy of the South American Bitcoin community, the original Bitcoineta was conceived after an annual Latin American Conference (Labitconf), where the visionaries behind it recognized a unique opportunity to promote Bitcoin education in remote areas. Armed with a bright orange Bitcoin-themed exterior and a mission to bridge the gap in financial literacy, La Bitcoineta embarked on a journey to bring awareness of Bitcoin's potential benefits to villages and towns that often remained untouched by mainstream financial education initiatives. Operated by a team of dedicated volunteers, it was more than just a car; it was a symbol of hope and empowerment for those living on the fringes of financial inclusion.

The concept drawing for La Bitcoineta from December 2017.

Ariel was part of that initial Argentinian Bitcoineta team, and spent weeks on the road when the car became a reality. The original dream to bring bitcoin education even to remote areas within Argentina and other South American countries came true, and the La Bitcoineta team took part in dozens of local bitcoin meetups in the subsequent years.

The original La Bitcoineta from Argentina.

One major hiccup came in late 2018, when the car was crashed into while parked in Puerto Madryn. The car was pretty much destroyed, but since the team was possessed by a honey badger spirit, nothing could stop them from keeping true to their mission. It is a testament to the determination and resilience of the Argentinian team that the car was quickly restored and returned on its orange-pilling quest soon after.

Argentinian Bitcoineta after a major accident (no-one got hurt); the car was restored shortly after.

Over the more than 5 years that the Argentinian Bitcoineta has been running, it has traveled more than 80,000 kilometers - and as we’ll see further, it inspired multiple similar initiatives around the world.

Follow La Bitcoineta’s journey:

Twitter: https://twitter.com/labitcoineta

Instagram: https://www.instagram.com/bitcoineta/

El Salvador: Bitcoin Beach

In early 2021, the president of El Salvador passed the Bitcoin Law, making bitcoin legal tender in the country. The Labitconf team decided to celebrate this major step forward in bitcoin adoption by hosting the annual conference in San Salvador, the capital city of El Salvador. And correspondingly, the Argentinian Bitcoineta team made plans for a bold 7000-kilometer road trip to visit the Bitcoin country with the iconic Bitcoin car.

However, it proved to be impossible to cross so many borders separating Argentina and Salvador, since many governments were still imposing travel restrictions due to a Covid pandemic. So two weeks before the November event, the Labitconf team decided to fund a second Bitcoineta directly in El Salvador, as part of the Bitcoin Beach circular economy. Thus the second Bitcoineta was born.

Salvadoran’s Bitcoineta operates in the El Zonte region, where the Bitcoin Beach circular economy is located.

The eye-catching Volkswagen minibus has been donated to the Bitcoin Beach team, which uses the car for the needs of its circular economy based in El Zonte.

Follow Bitcoin Beach:

Twitter: https://twitter.com/Bitcoinbeach

South Africa: Bitcoin Ekasi

Late 2021 saw one other major development in terms of grassroots bitcoin adoption. On the other side of the planet, in South Africa, Hermann Vivier initiated the Bitcoin Ekasi project. “Ekasi” is a colloquial term for a township, and a township in the South African context is an underdeveloped urban area with a predominantly black population, a remnant of the segregationist apartheid regime. Bitcoin Ekasi emerged as an attempt to introduce bitcoin into the economy of the JCC Camp township located in Mossel Bay, and has gained a lot of success on that front.

Bitcoin Ekasi was in large part inspired by the success of the Bitcoin Beach circular economy back in El Salvador, and the respect was mutual. The Bitcoin Beach team thus decided to pass on the favor they received from the Argentinian Bitcoineta team, and provided funds to Bitcoin Ekasi for them to build a Bitcoineta of their own.

Bitcoin Ekasi’s Bitcoineta as seen at the Adopting Bitcoin Cape Town conference.
Bitcoin Ekasi’s Bitcoineta as seen at the Adopting Bitcoin Cape Town conference. Hermann Vivier is seen in the background.
South African Bitcoineta serves the needs of Bitcoin Ekasi, a local bitcoin circular economy in the JCC Camp township.

Bitcoin Ekasi emerged as a sister organization of Surfer Kids, a non-profit organization with a mission to empower marginalized youths through surfing. The Ekasi Bitcoineta thus partially serves as a means to get the kids to visit various surfer competitions in South Africa. A major highlight in this regard was when the kids got to meet Jordy Smith, one of the most successful South African surfers worldwide.

Coincidentally, South African surfers present an intriguing demographic for understanding Bitcoin due to their unique circumstances and needs. To make it as a professional surfer, the athletes need to attend competitions abroad; but since South Africa has tight currency controls in place, it is often a headache to send money abroad for travel and competition expenses. The borderless nature of Bitcoin offers a solution to these constraints, providing surfers with an alternative means of moving funds across borders without any obstacles.

Photo taken at the South African Junior Surfing Championships 2023. Back row, left to right:

Mbasa, Chuma, Jordy Smith, Sandiso. Front, left to right: Owethu, Sibulele.

To find out more about Bitcoineta South Africa and the non-profit endeavors it serves, watch Lekker Feeling, a documentary by Aubrey Strobel:

Follow Bitcoin Ekasi:

Twitter: https://twitter.com/BitcoinEkasi

Fundraiser: https://support.bitcoinekasi.com/

Europe: Bitcoineta Europa

The European Bitcoineta started its journey in early 2023, with Ariel Aguilar being one of the main catalysts behind the idea. Unlike its predecessors in El Salvador and South Africa, the European Bitcoineta was not funded by a previous team but instead secured support from individual donors, reflecting a grassroots approach to spreading financial literacy.

European Bitcoineta sports a hard-to-overlook bitcoin logo along with the message “Bitcoin is Work. Bitcoin is Time. Bitcoin is Hope.”

The European Bitcoineta is a Mercedes box van adorned with a prominent Bitcoin logo and inspiring messages, and serves as a mobile hub for education and discussion at numerous European Bitcoin conferences and local meetups. Inside its spacious interior, both notable bitcoiners and bitcoin plebs share their insights on the walls, fostering a sense of camaraderie and collaboration.

Inside the European Bitcoineta, one can find the wall of fame, where visitors can read messages from prominent bitcoiners such as Michael Saylor, Uncle Rockstar, Javier Bastardo, Hodlonaut, and many others.
On the “pleb wall”, any bitcoiner can share their message (as long as space permits).

Follow Bitcoineta Europa’s journey:

Twitter: https://twitter.com/BitcoinetaEU

Instagram: https://www.instagram.com/bitcoinetaeu/

Ghana: Bitcoineta West Africa

Embed: https://youtu.be/8oWgIU17aIY?si=hrsKmMIA7lI6jX4k

Introduced in December 2023 at the Africa Bitcoin Conference in Ghana, the fifth Bitcoineta was donated to the Ghanaian Bitcoin Cowries educational initiative as part of the Trezor Academy program.

Bitcoineta West Africa was launched in December 2023 at the Africa Bitcoin Conference. Among its elements, it bears the motto of the Trezor Academy initiative: Bitcoin. Education. Freedom.

Bitcoineta West Africa was funded by the proceeds from the bitcoin-only limited edition Trezor device, which was sold out within one day of its launch at the Bitcoin Amsterdam conference.

With plans for an extensive tour spanning Ghana, Togo, Benin, Nigeria, and potentially other countries within the ECOWAS political and economic union, Bitcoineta West Africa embodies the spirit of collaboration and solidarity in driving Bitcoin adoption and financial inclusion throughout the Global South.

Bitcoineta West Africa surrounded by a group of enthusiastic bitcoiners at the Black Star Square, Accra, Ghana.

Follow Bitcoineta West Africa’s journey:

Twitter: https://twitter.com/BitcoinetaWA

Instagram: https://www.instagram.com/bitcoinetawa/

All the Bitcoineta cars around the world share one overarching mission: to empower their local communities through bitcoin education, and thus improve the lives of common people that might have a strong need for bitcoin without being currently aware of such need. As they continue to traverse borders and break down barriers, Bitcoinetas serve as a reminder of the power of grassroots initiatives and the importance of financial education in shaping a more inclusive future. The tradition of Bitcoinetas will continue to flourish, and in the years to come we will hopefully encounter a brazenly decorated bitcoin car everywhere we go.

If the inspiring stories of Bitcoinetas have ignited a passion within you to make a difference in your community, we encourage you to take action! Reach out to one of the existing Bitcoineta teams for guidance, support, and inspiration on how to start your own initiative. Whether you're interested in spreading Bitcoin education, promoting financial literacy, or fostering empowerment in underserved areas, the Bitcoineta community is here to help you every step of the way. Together, we will orange pill the world!

This is a guest post by Josef Tetek. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

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Digital Currency And Gold As Speculative Warnings

Over the last few years, digital currencies and gold have become decent barometers of speculative investor appetite. Such isn’t surprising given the evolution…

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Over the last few years, digital currencies and gold have become decent barometers of speculative investor appetite. Such isn’t surprising given the evolution of the market into a “casino” following the pandemic, where retail traders have increased their speculative appetites.

“Such is unsurprising, given that retail investors often fall victim to the psychological behavior of the “fear of missing out.” The chart below shows the “dumb money index” versus the S&P 500. Once again, retail investors are very long equities relative to the institutional players ascribed to being the “smart money.””

“The difference between “smart” and “dumb money” investors shows that, more often than not, the “dumb money” invests near market tops and sells near market bottoms.”

Net Smart Dumb Money vs Market

That enthusiasm has increased sharply since last November as stocks surged in hopes that the Federal Reserve would cut interest rates. As noted by Sentiment Trader:

“Over the past 18 weeks, the straight-up rally has moved us to an interesting juncture in the Sentiment Cycle. For the past few weeks, the S&P 500 has demonstrated a high positive correlation to the ‘Enthusiasm’ part of the cycle and a highly negative correlation to the ‘Panic’ phase.”

Investor Enthusiasm

That frenzy to chase the markets, driven by the psychological bias of the “fear of missing out,” has permeated the entirety of the market. As noted in This Is Nuts:”

“Since then, the entire market has surged higher following last week’s earnings report from Nvidia (NVDA). The reason I say “this is nuts” is the assumption that all companies were going to grow earnings and revenue at Nvidia’s rate. There is little doubt about Nvidia’s earnings and revenue growth rates. However, to maintain that growth pace indefinitely, particularly at 32x price-to-sales, means others like AMD and Intel must lose market share.”

Nvidia Price To Sales

Of course, it is not just a speculative frenzy in the markets for stocks, specifically anything related to “artificial intelligence,” but that exuberance has spilled over into gold and cryptocurrencies.

Birds Of A Feather

There are a couple of ways to measure exuberance in the assets. While sentiment measures examine the broad market, technical indicators can reflect exuberance on individual asset levels. However, before we get to our charts, we need a brief explanation of statistics, specifically, standard deviation.

As I discussed in “Revisiting Bob Farrell’s 10 Investing Rules”:

“Like a rubber band that has been stretched too far – it must be relaxed in order to be stretched again. This is exactly the same for stock prices that are anchored to their moving averages. Trends that get overextended in one direction, or another, always return to their long-term average. Even during a strong uptrend or strong downtrend, prices often move back (revert) to a long-term moving average.”

The idea of “stretching the rubber band” can be measured in several ways, but I will limit our discussion this week to Standard Deviation and measuring deviation with “Bollinger Bands.”

“Standard Deviation” is defined as:

“A measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is calculated as the square root of the variance.”

In plain English, this means that the further away from the average that an event occurs, the more unlikely it becomes. As shown below, out of 1000 occurrences, only three will fall outside the area of 3 standard deviations. 95.4% of the time, events will occur within two standard deviations.

Standard Deviation Chart

A second measure of “exuberance” is “relative strength.”

“In technical analysis, the relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator (a line graph that moves between two extremes) and can read from 0 to 100.

Traditional interpretation and usage of the RSI are that values of 70 or above indicate that a security is becoming overbought or overvalued and may be primed for a trend reversal or corrective pullback in price. An RSI reading of 30 or below indicates an oversold or undervalued condition.” – Investopedia

With those two measures, let’s look at Nvidia (NVDA), the poster child of speculative momentum trading in the markets. Nvidia trades more than 3 standard deviations above its moving average, and its RSI is 81. The last time this occurred was in July of 2023 when Nvidia consolidated and corrected prices through November.

NVDA chart vs Bollinger Bands

Interestingly, gold also trades well into 3 standard deviation territory with an RSI reading of 75. Given that gold is supposed to be a “safe haven” or “risk off” asset, it is instead getting swept up in the current market exuberance.

Gold vs Bollinger Bands

The same is seen with digital currencies. Given the recent approval of spot, Bitcoin exchange-traded funds (ETFs), the panic bid to buy Bitcoin has pushed the price well into 3 standard deviation territory with an RSI of 73.

Bitcoin vs Bollinger Bands

In other words, the stock market frenzy to “buy anything that is going up” has spread from just a handful of stocks related to artificial intelligence to gold and digital currencies.

It’s All Relative

We can see the correlation between stock market exuberance and gold and digital currency, which has risen since 2015 but accelerated following the post-pandemic, stimulus-fueled market frenzy. Since the market, gold and cryptocurrencies, or Bitcoin for our purposes, have disparate prices, we have rebased the performance to 100 in 2015.

Gold was supposed to be an inflation hedge. Yet, in 2022, gold prices fell as the market declined and inflation surged to 9%. However, as inflation has fallen and the stock market surged, so has gold. Notably, since 2015, gold and the market have moved in a more correlated pattern, which has reduced the hedging effect of gold in portfolios. In other words, during the subsequent market decline, gold will likely track stocks lower, failing to provide its “wealth preservation” status for investors.

SP500 vs Gold

The same goes for cryptocurrencies. Bitcoin is substantially more volatile than gold and tends to ebb and flow with the overall market. As sentiment surges in the S&P 500, Bitcoin and other cryptocurrencies follow suit as speculative appetites increase. Unfortunately, for individuals once again piling into Bitcoin to chase rising prices, if, or when, the market corrects, the decline in cryptocurrencies will likely substantially outpace the decline in market-based equities. This is particularly the case as Wall Street can now short the spot-Bitcoin ETFs, creating additional selling pressure on Bitcoin.

SP500 vs Bitcoin

Just for added measure, here is Bitcoin versus gold.

Gold vs Bitcoin

Not A Recommendation

There are many narratives surrounding the markets, digital currency, and gold. However, in today’s market, more than in previous years, all assets are getting swept up into the investor-feeding frenzy.

Sure, this time could be different. I am only making an observation and not an investment recommendation.

However, from a portfolio management perspective, it will likely pay to remain attentive to the correlated risk between asset classes. If some event causes a reversal in bullish exuberance, cash and bonds may be the only place to hide.

The post Digital Currency And Gold As Speculative Warnings appeared first on RIA.

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Aging at AACR Annual Meeting 2024

BUFFALO, NY- March 11, 2024 – Impact Journals publishes scholarly journals in the biomedical sciences with a focus on all areas of cancer and aging…

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BUFFALO, NY- March 11, 2024 – Impact Journals publishes scholarly journals in the biomedical sciences with a focus on all areas of cancer and aging research. Aging is one of the most prominent journals published by Impact Journals

Credit: Impact Journals

BUFFALO, NY- March 11, 2024 – Impact Journals publishes scholarly journals in the biomedical sciences with a focus on all areas of cancer and aging research. Aging is one of the most prominent journals published by Impact Journals

Impact Journals will be participating as an exhibitor at the American Association for Cancer Research (AACR) Annual Meeting 2024 from April 5-10 at the San Diego Convention Center in San Diego, California. This year, the AACR meeting theme is “Inspiring Science • Fueling Progress • Revolutionizing Care.”

Visit booth #4159 at the AACR Annual Meeting 2024 to connect with members of the Aging team.

About Aging-US:

Aging publishes research papers in all fields of aging research including but not limited, aging from yeast to mammals, cellular senescence, age-related diseases such as cancer and Alzheimer’s diseases and their prevention and treatment, anti-aging strategies and drug development and especially the role of signal transduction pathways such as mTOR in aging and potential approaches to modulate these signaling pathways to extend lifespan. The journal aims to promote treatment of age-related diseases by slowing down aging, validation of anti-aging drugs by treating age-related diseases, prevention of cancer by inhibiting aging. Cancer and COVID-19 are age-related diseases.

Aging is indexed and archived by PubMed/Medline (abbreviated as “Aging (Albany NY)”), PubMed CentralWeb of Science: Science Citation Index Expanded (abbreviated as “Aging‐US” and listed in the Cell Biology and Geriatrics & Gerontology categories), Scopus (abbreviated as “Aging” and listed in the Cell Biology and Aging categories), Biological Abstracts, BIOSIS Previews, EMBASE, META (Chan Zuckerberg Initiative) (2018-2022), and Dimensions (Digital Science).

Please visit our website at www.Aging-US.com​​ and connect with us:

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