1. Reinvest your profits

Buffett recommends that if you make money on an investment, you should not take the profit and run, but rather reinvest it. He did the same as a teenager when, together with a friend, they invested in pinball machines. By reinvesting profits and not spending them on whims, they managed to acquire eight machines.

2. Avoid unnecessary debts

Many people who start personal and business projects are hampered by the loans they take out. Buffett's advice is to avoid unnecessary loans and credit cards, since, in his own words, "he has seen many people fail because of liquor and debt." If you need financing, opt for fixed terms and low interest rates. And always in moderation, since loans can be addictive.

Amidst an ever-fluctuating cryptocurrency market, major Wall Street banks including Goldman Sachs, Morgan Stanley, and Bank of America have maintained their positions in Bitcoin ETFs throughout the third quarter of 2024. Despite price fluctuations that saw Bitcoin move between $53,000 and $66,000, institutions appear to be taking a cautious stance, with no significant changes to their allocations. However, analysts point out that Bitcoin’s recent surge, surpassing $93,000 in late October, could trigger renewed institutional interest.

The Appeal of the Tron Network: Fee-Free and Highly Efficient
This move underscores Tron’s growing popularity as a preferred platform for stablecoin issuance, especially in contexts where high transaction fees can impact the profitability and value of payments or remittances. In particular, Tron has gained traction in emerging markets, where the costs associated with cryptocurrency transactions are a crucial factor in determining the viability of their use in the everyday economy.

The war between Russia and Ukraine, for example, has accelerated the use of cryptocurrencies as a means of evading sanctions. In both countries, the adoption of cryptocurrencies has grown, as they offer an alternative to the restrictions imposed on local economies. This is not only changing the dynamics of crypto adoption, but also affecting the stability of global markets, which must adapt to this new scenario. Sanction policies and the use of cryptoassets to circumvent traditional capital controls are reconfiguring economic relations between countries and generating greater uncertainty in international markets.

The cryptocurrency world has just been shaken by the unexpected partnership between Elon Musk and Ripple. The visionary behind Tesla and SpaceX has joined the company that powers XRP, seeking to transform the digital currency into one of the most powerful on the market. Together, they aim to take the price of XRP to unimaginable heights: $1510 per token by April 15! This deal not only elevates the currency, but could reshape the global financial system as we know it.

An Unexpected Turn: XRP, ADA and DOGE Outperform Leading Cryptocurrencies
Over the past few months, the cryptocurrency community has largely focused on assets like Bitcoin (BTC) and Ethereum (ETH) as the undisputed leaders of the bull market. However, the landscape has started to change with the surprising appreciation of XRP, ADA, and DOGE – three altcoins that have not only gained traction but are defying established expectations.
Eugene Ng, a well-known analyst and trader, noted that although he did not initially anticipate the positive impact of these assets, their performance has been so outstanding that it has created a palpable change in the market dynamics. Instead of seeing XRP, ADA, and DOGE as minor cryptocurrencies, they are now seen as key pieces that could shape the immediate future of the bull market.

The cryptocurrency market is experiencing one of its biggest bull runs in recent history. With Bitcoin setting new all-time highs and a widespread sentiment of “extreme greed” among investors, it seems like the ideal time to dive in. However, amidst the excitement, it’s crucial to keep a cool head, conduct thorough research (DYOR), and apply smart strategies to protect your investments. The key is not only to take advantage of the peaks, but also to prepare for the inevitable declines that are part of market cycles.

Why is this lawsuit a watershed?
The complaint filed by these 18 states is not just a showdown between government entities and regulators. In their statement, the plaintiffs argue that the SEC has encroached on powers that do not belong to it, upsetting the balance between federal and state power. The SEC has attempted, according to the complaint, to impose unilateral regulation on cryptocurrencies without proper authorization from Congress. This has generated a war of interests that threatens to redefine the legislative and regulatory landscape of cryptocurrencies in the US.

Elon Musk has put out a surprising call for applications via social media to recruit highly skilled people to work for the new Department of Government Efficiency (DOGE), which will advise President-elect Donald Trump. The proposal, which calls for “high-IQ revolutionaries” to work 80-plus hours a week, promises to be hard, unpaid work focused on cutting government spending and making structural reforms to the US government. Despite the lack of compensation, Musk describes the offer as a “huge opportunity” for those who want to make a significant difference.

Cryptocurrencies have emerged as one of the most powerful disruptive forces in the global financial system. With the adoption of digital assets such as Bitcoin, Ethereum and stablecoins, many countries are re-evaluating their monetary policies. In particular, the impact on the euro is significant, as the popularity of cryptocurrencies may reduce the demand for traditional fiat currencies. As more people turn to cryptocurrencies as a store of value, the euro could face downward pressure, due to the growing preference for decentralized assets that do not rely on central banks.

The recent monetary policy of central banks, with a focus on higher interest rates and tightening financial conditions, has left a significant mark on global markets, including cryptocurrencies. Rising interest rates have a direct impact on the liquidity available to investors, creating downward pressure on riskier assets such as Bitcoin and other altcoins. At the same time, rising rates strengthen the US dollar, as higher yields on government bonds attract investors towards dollar-denominated assets, decreasing demand for cryptocurrencies.

Recently, investors have decided to withdraw their appeal in the legal case against Elon Musk for alleged manipulation of the Dogecoin price. The original lawsuit alleged that Musk's actions and public statements, especially through his popular tweets, artificially inflated the value of the cryptocurrency. This case, which had captured global attention for the tycoon's influence on the cryptocurrency markets, has reached its formal conclusion, marking the end of a legal battle that sparked intense debates.

Donald Trump’s nomination of Florida Congressman and staunch cryptocurrency advocate Matt Gaetz as the new US Attorney General is causing a stir in the crypto world. Gaetz, known for his pro-Bitcoin stance, promises to prioritize a pro-cryptocurrency agenda, which could radically transform the industry’s regulation.
The news has already had a notable impact, with the price of Bitcoin hitting a new record high of $93,477. In his career, Gaetz has been a vocal critic of the SEC and has proposed measures such as allowing Americans to pay taxes with Bitcoin, a step towards deregulation that many in the crypto community see as a positive development.

On November 14, Donald Trump appointed Elon Musk to lead the new Department of Government Efficiency. This decision has raised alarm bells in financial markets, especially in the world of cryptocurrencies. How will this affect the US economy and which cryptos will stand to gain or lose?
The Economic Challenge:
Musk, known for his disruptive style, could implement aggressive austerity measures to reduce the fiscal deficit. This could strengthen the US dollar in the short term, but the Federal Reserve's expansionary policies could quickly weaken it. Dollar volatility will create uncertainty and may change the way investors view traditional and digital assets.

The Ripple Case and the 125 Million Dollars
The SEC has been embroiled in a dispute with Ripple over whether XRP should be classified as a security, which has affected thousands of cryptocurrency holders. However, a recent statement from James Murphy, a lawyer and well-known cryptocurrency advocate, points out a crucial point: the SEC currently has $125 million in escrow due to the case. The big question is: who should receive this money?
According to John Deaton, a pro-XRP attorney and advocate for XRP holders, that money should be returned to the people who were actually affected by the SEC’s actions. He strongly criticizes the SEC, claiming that the agency was “not protecting investors” as it claimed, but was actually harming retail holders with its excessive regulations.

What is Usual (USUAL)?
Usual is a cryptocurrency designed to facilitate fast, affordable and global payments. Using an advanced blockchain infrastructure, Usual enables instant transactions with low fees, ideal for both users and merchants looking for an alternative to traditional payment systems.
How does it work?
- Instant and global payments: Transactions are processed in seconds, eliminating the time and cost barriers of traditional methods.

In an unexpected move, Bernard Arnault, Europe’s richest man and owner of LVMH, has sued Elon Musk, the CEO of X (formerly known as Twitter), for unauthorized use of content from his newspapers, Le Parisien and Les Echos. Arnault argues that Musk and his digital platform are republishing articles without properly compensating the media outlets, in breach of European law requiring payment for republished content. The dispute puts the debate over copyright in the digital age and how platforms should remunerate content creators at the centre.

- Bitcoin and the economic future: Novogratz casts doubt on 'Bitcoin Strategic Reserve' over rising US national debt
- Will it really hit $500,000?: Trump's theory of pushing Bitcoin faces global economic reality.
- Reality check: While not pessimistic, Novogratz notes that the outlook for Bitcoin will be more challenging than anticipated.
Trends and movements that shake the crypto market
- Beam Chain: Ethereum's technological revolution: Why do we have to wait until 2029?

The Context: A Forward-Looking Treasury Secretary
Both Scott Bessent and Howard Lutnick, strong candidates for the position of Treasury Secretary, have in common a clear and favorable vision towards cryptocurrencies. While Bessent, an asset manager, has been a strong advocate of the integration of cryptocurrencies into the traditional economy, Lutnick, CEO of Cantor Fitzgerald, has taken concrete steps by getting involved in the world of decentralized finance and stablecoins, such as Tether.

The appointment of Elon Musk and Vivek to lead the Department of Government Efficiency represents a historic change in the way the U.S. government might address structural and bureaucratic issues. Their focus on technology and innovation could have far-reaching effects not only in the public sector but also in the world of cryptocurrencies and blockchain. The coming months will be crucial to observe how these ideas are implemented and what impact they will have on the global economic landscape.