Passive Income

Is the United states currently in a recession? In today's article, the topic of discussion is going to be whether or not the united states is currently in a recession. Now I'm sure many of you have heard in the news lately that the United States is experiencing some economic hardships right now. If you live in the U.S then you have first handily experienced this and can attest to this, I know I can. This has led me to believe that we are in a recession despite what the federal government and the white house are saying. I'm going to explain why we are in a recession so without any more needing to be said let's get into today's article.   Negative GDP reports As I covered in my last article about the cryptocurrency market The United States has reported yet again another quarter of negative GDP growth. This time coming in at -0.9% with the first quarter losing 1.6%. Bringing the total for negative GDP growth this year so far to -2.5%. The white house has refused to cal...

Why the crypto market has been so volatile recently In today's article, I'm going to be covering why exactly the crypto market has been so much more volatile recently. I'm sure it's been on a lot of your thoughts lately on the market so I thought I would answer why the market is acting the way it is. Now I don't believe we are going to see the volatility we are experiencing right go away any time soon. There are a lot of reasons for that. Which we are gonna cover in today's article. So without furthermore let's get into today's important article.   The FED So what has had the most impact on the market currently are the FED's interest rate reports. The market had already taken into effect a 100 basis points increase in interest rates before the FED had made any announcements. This is why we saw dumping during the week as of writing this article (7/28/22) before the reports. But on the day of the announcement (7/27/22) the FED announced a 75 basis poin...

Cryptos I plan on buying In todays article I'm going to cover the cryptocurrencies I plan on buying. If you want to know when I plan on catching the bottom and start buying then you can read my previous article. I'm going to explain why exactly I plan on buying these coins and why you should as well. However I do want to state that none of this article is financial advice these are just my personal plans for the market. So with that being stated let's get into todays article.   Ethereum So my first cryptocurrency pick is going to be Ethereum and here's why. So first let me start of by saying I typically don't buy Ethereum and usually just buy altcoins. However with the current market conditions any coin is likely going to have the same returns as Ethereum at the moment. That's because Ethereum usually dictates the altcoin market and with Ethereum already so low many other altcoins have either got crushed to zero or have lost most of there mar...