Cryptocurrencies:

so Dangerous; so Alluring.

Danes do it. Fins do it. Even Argentinians do it. Let’s do it…using stocks of course.

Remember that Madam X believes in safe trading.

Spending your Cryptocoins

Once you have saved a suitable stash of cryptocoins that have reached a mind-bending value, Madam X recommends a snappy purchase of a luxury car or some fabulous jewellery. This will bestow on you future bragging rights should the coin value crash.
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Another way to spend your new-found wealth is a celebratory supper at KFC. Yes, Kentucky Fried will accept cryptocurrency, specifically, Bitcoin, as payment for a bucket of fried chicken. This includes 10 chicken tenders with waffle fries, gravy and two dips.

On the dark side, of course, this $20.00 purchase would set you back $40.00 due to a $20.00 transaction fee.

Practice Safe Trading

Visa Inc. has approved a prepaid card backed by the Cryptocurrency, Monaco, as the word’s largest payments network digs more deeply into digital currencies. Cryptocurrencies are crying for the legitimacy of Visa as they could be converted into fiat money and accepted at the 44 million merchant locations in the network.

Madam X considers shares of Visa, V,  even though technically they are a tad expensive. But being bold, Madam X plans to take a small bite.

Madam X takes her name, X, from the symbol of the Toronto Stock Exchange.

Mid January 2018

Madam X adores hearing financial scuttlebutt, amusing call symbols, and hot stock suggestions.

For disclosure purposes, we, or Madam X probably own a few of the above mentioned stocks, or not.

Go ahead; ignore Madam’s thoughts, insights and admonitions. She is utterly unqualified to be dispensing such observations. To be succinct; you must DO YOUR OWN RESEARCH.