Connect with us


5 Reasons NOT Saving for College Is a Good Idea



Okay. You caught me. Indeed most of the time not saving for college is a bad idea. Now and then I’ll run into a parent who tells me they are not saving for college in order to increase the chances their child will get financial aid. The thought is that having money makes colleges and the government figure you can afford to pay for college and therefore no aid is needed. This, to a limited extent, is true. If you have millions in the bank I’d rather not have my tax dollars taken and used to pay for your kid’s college so that you can spend the money on first class tickets to Vail.

However, assuming that saving for college will mess up financial aid is short-sighted and makes many assumptions. The first one being that there will be financial aid available for your child. We don’t know what the government will have in the way of aid in 5, 10, or 15 years. You should also realize that the majority of financial “aid” is in the form of loans. You very well could be creating a situation that burdens your kids with onerous loans they will have difficulty paying back in exchange for a little better lifestyle now. I wouldn’t call that sound financial planning.

Another reason that saving won’t hurt much when it comes to aid is that the government knows that you have more to save for than just college. If you save in your name rather than your child’s (including the 529 College Savings Plans and Coverdell ESAs) less than 6% of the savings in those account types will be counted against financial aid. Yes it does count against you a bit, but not much as assets held in the child’s name at 20%.

There is a good reason for not saving for college: You have more important needs for that money. Note I don’t say “if you can’t afford it.” That’s because determining affordability is often simplified to seeing if there’s money left at the end of the month. Most of us find ways to spend any money that is available. What we spend it on might be a true life-giving need, but it also might be a dubious want.

So what may take priority over college savings? Being a retirement planner, I like to see money put away for the time when you can no longer work. Of course, food, clothing, and shelter also seem like needs. But let’s be clear: you can spend $20, $40, or well over $100 on blue jeans. I’m thinking the $100 pair doesn’t count as a need.

In the end though, some folks just won’t be able to afford to save for college without leaving themselves short in other vital areas. That’s not selfish, that just is. But for the rest of us, it’s an area that deserves our attention.


Cardano Summit Sees Launch Of Exciting New Partnerships



Picture of a Cardano logo with circles running around it

The Cardano Summit has now officially come to an end. Saturday and Sunday saw live and virtual events from around the world, while notable figures in the crypto space spoke at the event, including the founder of Cardano Charles Hoskinson. The event brought a lot of excitement to the space and allowed community members to interact with one another from around the world. But most notable has been the announcements of new partnerships made at the event.

Related Reading | Billionaire Mike Novogratz Says He’s “Not Nervous” About Crypto Sell-Off

In the weeks leading up to the event, the founder, developers, and individuals involved in the Cardano project had teased a lot of exciting new partnerships coming to the blockchain. Some of these announcements had been anticipated by the community. Mostly ones related to decentralized finance projects debuting on the network. But a couple of others were completely new to the space.

Cardano Partners With Veritree To Fight Climate Change

Climate change and crypto’s contribution to the problem is one that no doubt has to be addressed. In response to this, Cardano announced at the summit that it is taking proactive steps to fight this growing problem. Veritreeis a subsidiary of Tentree, a company that makes sustainable apparel by planting 10 trees for each clothing item sold. Using Veritree, the company aims to track its tree-planting efforts around the world.

Veritree which has planted 68 million trees in the past ten years has had a hard time keeping track of the trees it has planted. And using Cardano’s blockchain technology, Veritree can provide “immutable, transparent and audible blockchain-based report on all of Veritree’s afforestation and reforestation efforts — using a fraction of the carbon footprint of other blockchains.”

DeFi, NFTs, Staking, And More

Given the fact that smart contracts were deployed on the Cardano network not too long ago, announcements were expected on this front and the project did not fail. Developers behind the project announced various partnerships to this end, ranging from NFTs to staking.

NFT marketplace Rival joins the long list of new partners of the network to enable the creation and distribution of NFTs. As well as allowing NFTs to be redeemed in exchange for physical goods and distributing marketplace-based royalties. This will help improve the experience of users when minting and using NFTs on the Cardano ecosystem.

Related Reading | Why Cardano Bull Trend Isn’t Over And 91% Increase Is Imminent, deVere CEO Nigel Green

Another partnership with UBX, a UnionBank fintech venture studio, brings public stake pools to the public. This will allow users to earn rewards for staking their ADA tokens to help maintain and secure the blockchain. Furthermore, a partnership with AID:tech brings decentralized finance identity solutions to the blockchain. Using AID:tech, users can easily verify ownership, allowing a large number of transactions to be processed in a short time.

Other partnerships include a deal with cable provider and Fortune 500 company Dish Network/Boost Mobile to integrate its telecom services with the Cardano blockchain. And another partnership with Chainlink will give developers who are building on the blockchain to develop smart contracts and other solutions on the network.

Speaking on these recent partnerships, the founder of Cardano, Charles Hoskinson, explained, “We have to do a lot of science, a lot of innovation, and a lot of engineering.”

Featured image from Medium, chart from
Continue Reading


Art Auctions in Hong Kong Feature Five Highly-Anticipated NFT’s



Art Auctions in Hong Kong Feature Five Highly-Anticipated NFT's
  • NFTs address shared and duplicated digital work.
  • Jacky Tsai, a Shanghai-based artist, designed a floral skull symbol in 2008.

NFT initiatives continue to explode in Hong Kong, celebrities join artists in supporting a technology altering how digital art and now movies, purchased and sold. Furthermore, NFTs address shared and duplicated digital work, lowering the value of having an “original” version of a piece.

Wong Kar Wai’s

In the Mood For Love, an unreleased behind-the-scenes video will be auctioned off by Sotheby’s in October. Moreover, Tony Leung Chiu-wai and Maggie Cheung Man-yuk appear in Wong’s most highly praised films from 2000.

Refik Anadol’s

Space pictures collected by satellites and spacecraft, utilized to create eight digital artworks by Turkish media artist Anadol. Furthermore, the images he gets are what machines dream about the cosmos.

They are created from over two million raw space pictures and sophisticated machine learning algorithms as if the original telescopes could think for themselves.

Shawn Yue Man Lok’s

Christie’s is presently auctioning 14 NFT artworks held by the Hong Kong star as part of the “No Time like Present” online charity sale.

Among the highlights of the auction are six CryptoPunks, a historical series. Moreover, for CryptoPunk #9997, the top offer in the auction is HK$5.5 million ($706,500), while the other five less uncommon CryptoPunks are all going for over HK$1 million.

Jacky Tsai’s

For fashion designer Alexander McQueen, Jacky Tsai, a Shanghai-based artist, designed a floral skull symbol in 2008. Since then, he’s used the skull in many of his works, including the NFT art he recently coined on Opensea, the Ethereum NFT art platform.


Bizhan Tong, 33, a British-Chinese director, is producing Asia’s first “NFT film” alongside Marvion Media, a blockchain technology firm. Moreover, The Walking Dead’s Xander Berkeley and Hong Kong actress Anita Chui Pik-ka feature in Lockdown.

Continue Reading


Daily Analysis -EOS, XLM, and TRX – September 27th, 2021



Daily Analysis -EOS, XLM, and TRX - September 27th, 2021
  • EOS must avoid the $3.9340 pivot. 
  • On Sunday, Stellar dropped 0.32%.

The entire Cryptocurrency market is on a decline including top coins such as BTC and ETH. 

Even other altcoins had to face the heat, Let’s take a look at the daily analysis of EOS, XLM and TRX. To avoid a second day of losses, crypto would need to return to Sunday’s highs.


On Sunday, EOS dropped 0.92 percent. After a 0.52 percent drop on Saturday, EOS fell 19.13 percent for the week to $3.9739. It dropped through the $3.9120 significant support level and the $3.8134 significant support level. Moreover, EOS surged to an intraday high of $4.1539, avoiding the third key support barrier at $3.6212.

This week, it breached the first significant resistance level at $4.1042 before slipping back into the red. EOS had a rocky start to the day, falling to a low of $3.9279 before recovering to $4.0076. Early on, it avoided testing key support and resistance levels.

EOS/USDT: Source: TradingView

To reach the first significant resistance level at $4.1938, EOS must avoid the $3.9340 pivot. To break clear of Sunday’s high of $4.1539, the market would need to rally. Unless crypto rallies broadly, the first significant barrier around $4.20 will likely limit any gains. According to CoinMarketCap, EOS price today is $3.95 USD with a 24-hour trading volume of $1,369,211,832 USD.

Stellar (XLM)

On Sunday, Stellar dropped 0.32%. Despite a 1.46 percent Saturday drop, it fell 11.86 percent this week to $0.2762.

It dropped through crucial support levels at $0.2701 and $0.2631. Furthermore, XLM rose to a late intraday high of $0.2832, avoiding sub-$0.25 support. However, falling short of the first significant resistance level at $0.2850, it dropped red.

1632777169 516 Daily Analysis EOS XLM and TRX September 27th 2021
XLM/USDT: Source: TradingView

XLM had a rocky start to the day, falling to $0.2730 before rebounding to $0.2778. It failed to test significant support and resistance early on. According to CoinMarketCap, Stellar price today is $0.273814 USD with a 24-hour trading volume of $356,373,202 USD.


On Sunday, TRX fell 3.14 percent. Tron’s TRX fell 14.84 percent last week after losing 1.24 percent on Saturday. It fell to an intraday low of $0.08326 before making a rise. Tron’s TRX dropped through the $0.08871 and $0.8645 key support levels. It recovered late in the day, avoiding the third key support barrier of around $0.08161.

After failing to breach the first significant resistance level at $0.09355, Tron’s TRX dropped below $0.090 into the red. It fell through the first critical support level at $0.08871.

1632777170 44 Daily Analysis EOS XLM and TRX September 27th 2021
TRX/USDT: Source: TradingView

Tron’s TRX fell to a low of $0.08638 before rebounding to a high of $0.08841. It failed to test significant support and resistance early on. According to CoinMarketCap, TRX price today is $0.08862 USD with a 24-hour trading volume of $1,414,047,340 USD.

Continue Reading


AGMH.O Announces Strategic Partnership With HighSharp, Makes Six-Month Commitment To Breaking $100M Sales Mark



AGMH.O Announces Strategic Partnership With HighSharp, Makes Six-Month Commitment To Breaking $100M Sales Mark

Strategic partnership will enable AGMH.O hit the $100 million mark in sales within six months

China, September 27, 2021 – AGM Group Holdings Inc. (“AGMH”) (NASDAQ: AGMH), an integrated technology company focusing on high-performance chip solutions, computing equipment, and fintech software services, announced that it entered into a six-month strategic cooperation agreement with HighSharp (Shenzhen Gaorui) Electronic Technology Co., Ltd (“HighSharp”), a renowned fabless integrated circuit designer that provides advanced semiconductor solutions for supercomputing hardware.

AGM Holdings Partners With HighSharp To Bring $100M In Sales

According to the agreement, HighSharp will grant AGMH the priority to use the latest generation of chips and production services. Additionally, AGMH commits to developing the relevant business clients and complete orders of at least $100 million within the cooperation term. After the corresponding order quantity is reached, HighSharp will jointly develop the exclusive AGM chips by the technology invested as capital stock with AGMH.

AGMH.O Releases Jinli Miner-C16

Previously, AGMH released the Jinli Miner-C16, with a rated hashrate of 113TH/S and an energy efficiency ratio of 30.9J/T, outpacing the best in the industry. It is worth noting that the majority of clients of AGMH’s C16 coming from the United States and Canada were nearly out of reach of the impact of China’s banning policy on bitcoin, and therefore distinguishes AGMH from its peers in the overseas markets. 

About AGM Holdings

AGM Group Holdings Inc., is a financial integration company focused on high-performance chip solutions. Headquartered in Beijing, China, the company provides chip design, chip research and development, and produces crypto mining hardware. AGM Group Holdings Inc. which trades on the NASDAQ with the ticker AGMH also provides fintech software services. AGMH aims to be a major player and contributor to the global blockchain ecosystem.

For more information on AGMH:


Email: [email protected]

Continue Reading


Could A Bitcoin Bull Flag Leave Bears Blindsided



bitcoin bull flag

Bitcoin price is at a crossroads, either ready to fall into the troughs of a bear market, or blast off and show the world the bull run has yet to officially end. But which is it? No one truly knows, but a technical pattern and the psychology behind it could reveal the potential outcome ahead of time.

Could a potential bull flag forming on daily timeframes confirm, and lead to what is ultimately the checkered flag of the current market cycle? Let’s examine the bullish chart pattern.

What Is A Bull Flag? Bitcoin Price Pattern Targets New All-Time Highs

Technical analysis is the study of chart patterns, sequences, candlesticks, indicators, oscillators and more. The study is used to improve profitability by using statistics to increase probabilities of results. This can vary from finding price targets to sell assets, or finding support and resistance.

A bull flag is a bullish chart pattern and there is potentially one forming on the daily BTCUSD price chart. It is hard to say that Bitcoin price action is bullish right now, considering it was trading at $65,000 only a few months ago, but the pattern fits the shape.

Related Reading | Build Base Or Bust? Bitcoin Touches Down On Parabolic Support

The pattern is characterized by a long sharp move that creates a flag “pole” followed by consolidation within a channel which represents the flag itself. Bull flags are often found slanting slighting downward, as the pattern gives bears the false sense they are winning, which results in an even sharper move higher when these traders realized they were wrong.

Will the bull flag pattern confirm? | Source: CME BTC1! on

The Psychology Behind The Chart Pattern Breakout

Bears sure seem to be in charge of Bitcoin price action as of late, but bulls could be preparing to blindside bears with a breakout of the bull flag pattern and short squeeze.

The psychology of the bull flag is the perfect setup: A pole is caused by bullish buying and shorts covering. At the local high, price repeatedly is rejected making lower highs and lower lows. Bears celebrate and but become complacent, even adding to losing short positions.

Related Reading | Why Bitcoin Bears Might Not Get To Buy New Lows

When bulls gain the upper hand, the resulting breakout is often even stronger than the pole itself, because more shorts have piled on who cover, combined with any incorrect positions that have accumulated during the pattern itself.

Bitcoin price is currently at $43,000, and if the pattern is valid, based on the measure rule the target would be closer to $82,000. Serious momentum from buyers and shorts covering both would be necessary to restart such a powerful trend.

Doubling in value from one price pattern alone would be shocking for bears and bulls alike, but it would be accurate based on a variety of factors. For example, the bull flag is touching down on what could be a parabolic base three, or an Elliott Wave impulse wave five just beginning. It also could be one big trap for Bitcoin bulls who could get caught in further downside.

Follow @TonySpilotroBTC on Twitter or via the TonyTradesBTC Telegram. Content is educational and should not be considered investment advice.

Featured image from iStockPhoto, Charts from

Continue Reading


What If You Bought $1,000 Worth of Cosmos (ATOM) in January?



What If You Bought $1,000 Worth of Cosmos (ATOM) in January?
  • A popular cryptocurrency exchange just added Cosmos.
  • Cosmos is termed as ‘Blockchain 3.0’.

Some in the crypto sector are worried about the amount of fragmentation in blockchain networks. Moreover, there are hundreds, yet few can converse. Furthermore, This is something that Cosmos hopes to alter by making it accessible.

Cosmos is termed ‘Blockchain 3.0’. Thus, as previously said, ease of usage is a major objective. In order to this aim, the Cosmos SDK focuses on modularity. As a result, a network may be rapidly constructed by using preexisting code. Now, in the long term, it is anticipated that sophisticated applications will be simple to build.

Cosmos (ATOM) would have been worth $4,690 now if you purchased $1,000 worth on Jan. 1. According to CoinMarketCap, $1,000 would buy 154.08 ATOM. Moreover, As of Sept. 21, each ATOM is worth $30.44 and almost 370 percent gain.

ATOM/USDT: Source: TradingView

Also, Cosmos peaked at $44.70 last week (Sept. 20) but has since dropped. To put that in perspective, here’s what $1,000 worth of other cryptocurrencies, including its rivals, would be valued in similar conditions.

  • Bitcoin (BTC) purchased for $1,000 would be worth $1,404
  • Ethereum (ETH) purchased for $1,000 would be worth $3,747
  • Dogecoin (DOGE) purchased for $1,000 would be worth $42,940
  • Solana (SOL) purchased for $1,000 would be worth $82,086
  • Polkadot (DOT) purchased for $1,000 would be worth $2,833
  • Avalanche (AVAX) purchased for $1,000 would be worth $18,737

The Market is Always Volatile and Unpredictable

The author estimates are based on CoinMarketCap data, prices from Jan. 1 to Sept. 21. As a result, these pricing comparisons may be deceptive. Furthermore, unpredictable occurrences like Elon Musk’s comments on Dogecoin may significantly affect pricing in the highly speculative cryptocurrency market.

A popular cryptocurrency exchange just added Cosmos to their list of supported coins. Moreover, its network hosts over 250 apps, including Binance Smart Chain and According to CoinMarketCap, Cosmos price is $38.63 with a 24-hour trading volume of $1,373,110,982.

Continue Reading

Bitcoin Announces Free Crypto Tax Service in the UK


on Announces Free Crypto Tax Service in the UK Tax was successfully launched earlier this month in Canada, America, and Australia. Aside from all this, the company announced that this service is now available in the UK as well and will be offered in more regions in the future.

The Tax service makes submitting crypto tax returns simply by integrating with major wallets and exchanges, including the App and Exchange. Designed specifically for UK tax requirements, this service supports more than 20 of the biggest wallets and exchanges.

In addition, Co-founder and CEO of Kris Marszalek said as the world’s leading and most compliant crypto platform, has long been committed to providing a tax reporting service that is compliant with all laws. Their team is poised to offer this to all crypto users in the UK and other regions in the future.

Users can get quick and accurate tax reports through Tax, which includes transaction history, capital gains and losses, and other crypto-based taxable and non-taxable transactions.

Even more, the calculation logic has been developed in consultation with professional tax advisors to ensure compliance with UK tax law and Guidance.

Moreover, has served more than 10 million customers with its fastest-growing crypto app, Exchange, and DeFi Wallet, since’s founding in 2016,

The NFT platform, introduced just last week, has been carefully curated from sections of art, design, entertainment, and sports to provide the best experience for collecting and trading NFTs. More so, empowers all of the worlds to transition to cryptocurrencies with over 2,600 employees in offices in the Americas, Europe, and Asia.

Continue Reading


Cardano (ADA) Summit Failed to Push the Price Despite Key Developments



Cardano (ADA) Summit Failed to Push the Price Despite Key Developments