Criptomonedas – El Inversor de Bolsillo

Bitcoin: A 17 Años del Nacimiento de la Popular Criptomoneda

Mario Cape — Fri, 31 Oct 2025 04:12:00 +0000

October 31st anniversary

El 31 de octubre de 2008 se publica el white paper del Bitcoin por el misterioso Satoshi Nakamoto (no se sabe si es una persona o un grupo). Veamos la historia completa de la Criptomoneda más popular.

The story of Bitcoin is fascinating and full of unexpected twists and turns. It's a tale of how a revolutionary idea, born during a time of global financial crisis, managed to challenge the traditional financial system and become one of the most discussed and valuable assets in the world.

The Origins: An Anonymous Manifesto

2008: It all began in 2008 when a person or group of people under the pseudonym Satoshi Nakamoto published a white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System." In this paper, Nakamoto proposed a new, decentralized, and secure digital monetary system that would operate without the need for intermediaries like banks.
The vision: The idea was to create a digital currency that could be sent directly from person to person anywhere in the world quickly and securely, without having to go through traditional financial institutions.

Birth and First Steps:

2009: The first transaction: In January 2009, the first Bitcoin block, known as the "genesis block," was mined. Shortly after, the first transaction was made, marking the birth of this new digital currency.
Slow growth: During its early years, Bitcoin was used primarily by a small group of technology and crypto enthusiasts. Its value was very low, and its adoption was limited.

The Revolution and Volatility:

2010: The first purchase with Bitcoin: In 2010, a programmer purchased two pizzas with 10,000 Bitcoins, considered the first commercial transaction using this cryptocurrency.
Rise and fall: From that moment on, the value began to fluctuate significantly, experiencing periods of exponential growth and sharp declines.
The 2017 bubble: In 2017, the currency reached historic highs, surpassing $20,000 per unit. However, this euphoria soon faded, and the price experienced a sharp correction.

Bitcoin Today: A Consolidated Reality

Growing acceptance: Despite its volatility, Bitcoin has gained wider acceptance worldwide. Many companies and countries have begun to recognize it as a valid form of payment.
Blockchain Technology: The underlying technology, known as blockchain, has sparked significant interest across a variety of sectors beyond cryptocurrencies.
Alternative cryptocurrencies: Bitcoin's success has led to the creation of thousands of alternative cryptocurrencies, known as altcoins.

What has made Bitcoin a global phenomenon?

Investment potential: Price volatility has made it an attractive asset for investors, although it also carries significant risks.

Decentralization: Not being controlled by any government or financial institution, Bitcoin offers an alternative to traditional monetary systems.

Security: Blockchain technology guarantees transaction security and network integrity.

Shortages: The maximum number of Bitcoins that can be created is limited, which creates scarcity and can increase their value.

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El futuro

The future of this digital currency is a topic of great debate and speculation in the financial and technological world. Although it's impossible to predict with certainty what will happen, we can analyze some of the factors that could influence its evolution.

Factors that could drive growth:

Institutional adoption: More and more financial institutions, companies, and governments are showing interest in Bitcoin and other cryptocurrencies. This could increase their legitimacy and stability.
Inflation and devaluation of fiat currencies: In a context of rising inflation in many economies, cryptocurrency could be seen as a safe haven.
Development of blockchain technology: The underlying technology has applications beyond cryptocurrencies, such as in supply chain, logistics, and digital identity.
Shortage: The maximum amount of Bitcoins is limited, which could increase their value in the long term.

Challenges and risks to consider:

Volatility: To this day, it remains a very volatile investment, which may deter many investors.
Regulation: The lack of clear and uniform regulation at the global level represents a challenge to its widespread adoption.
Competence: The emergence of new cryptocurrencies and competing technologies could affect Bitcoin's dominant position.
Security risks: Cyberattacks and loss of private keys remain a threat to its users.

Possible future scenarios:

Store of value: Cryptocurrency could become an alternative to gold as a long-term store of value.
Everyday currency: In some countries or regions, it could become a commonly used currency for transactions.
Integration into the traditional financial system: could be integrated into existing financial systems, facilitating their use and adoption.
Disappearance: In the worst case scenario, this digital currency could lose relevance and disappear.

In summary, Bitcoin's future is uncertain and will depend on a combination of technological, economic, and regulatory factors. While it offers great potential, it also carries significant risks. It's important to do thorough research and consult with experts before making any investment decisions related to this currency.

Both you and your company can also invest in quality companies.

In the Financial Mentoring With El Inversor de Bolsillo® you can learn while you invest, and we'll guide you according to your needs. Financial consulting for individuals includes one-on-one advisory sessions, online courses, stock market reports and everything you need to your investment is a success, so much investing in Argentina as in any other part of the world.
There are different monthly plans of according to your circumstances and your budgetThe most important thing is that whichever plan you choose, you'll never be aloneWe will accompany you in your learning so that you can invest successfully.

Getting the best financing for your business isn't easy. And you're also focused on improving your business, so financial matters can be difficult. Don't worry, we're here to help.
With the Financial Optimization Program From El Inversor de Bolsillo®, we evaluate the company and give you specific suggestions to optimize the performance of your current balances and reduce your interest burden. We help you manage the registration in a Reciprocal Guarantee Society and get the best rates on the market. After the three free months have passed, a set number of monthly hours of financial consulting is provided.

If you want to learn more about how to invest risk-free, visit our website. www.elinversordebolsillo.com.ar either our YouTube channel.

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23 – Riesgos en el Trading de Criptomonedas: Ojo con las Cripto-Trampas

Mario Cape — Thu, 25 Sep 2025 05:40:00 +0000

Lesson 23 – The Best Free Finance Course in History

In this lesson, we'll discuss the risks of cryptocurrency trading, including crypto scams like memecoins and those with the "flake."

Course index:

Basic Concepts of Money and Personal Finance
Introduction to the value of money, the importance of saving, and spending control.
Budgeting and Financial Planning
Create a personal budget, manage income and expenses, and set financial goals.
Inflation and Purchasing Power
Explanation of how inflation affects the value of money over time.
Interest Rates and Time in Finance
Differences between simple and compound interest rates and their importance in investments.
How to protect your savings. Protect yourself from scams.
How to protect your money from the scams that abound today
Basic Savings Instruments
Explanation of savings accounts, term deposits, and how they work.
Introduction to the Stock Market
Basic concepts of the stock market and its role in the global economy.
Actions: What They Are and How They Work
Explanation of stocks, types (common and preferred), and how to invest in them.
Bonds: What They Are and How They Work
Differences between corporate and government bonds, and their importance in diversification.
Risk vs. Return on Investments
Concept of risk and how it affects investment choices.
Diversification and Creation of Basic Portfolios
Basic diversification principles to reduce risk in an investment portfolio.
What is an ETF and How Does it Work?
Introduction to ETFs (exchange-traded funds) and how they track market indices.
What is a Mutual Fund?
An explanation of mutual funds and their benefits for beginners.
Financial education for the family
All the information you need to make ends meet.
Economic Cycle and its Impact on Investments
How the stages of expansion and contraction in the economy affect investments.
Growth Stocks vs. Value Stocks
Learn about different types of actions and what to expect from each one.
Fundamental Analysis of Stocks
Explanation of how to analyze a company's value based on its fundamentals.
Basic Technical Analysis: Charts and Patterns
Introduction to basic technical analysis tools, such as trend lines and candlestick patterns.
Options: What They Are and How They Work
Basic concepts of call and put options and their uses in investments.
Futures: What They Are and How They Work
Introduction to futures contracts and their application in investment and speculation.
Introduction to Cryptocurrencies
What is digital money, how it was created, and the characteristics of Bitcoin and other cryptocurrencies.
Blockchain and its Importance in Finance
How the technology behind cryptocurrencies works and their applications in finance.
Risks in Cryptocurrency Trading
Volatility, fraud, and regulations in the cryptocurrency market.
Leverage Principles and its Risk
What it means to trade with leverage and the associated risks.
Investor Psychology and Emotion Management
How emotions influence investment decisions and tips for managing them.
What is Algorithmic Trading
Basic explanation of the use of algorithms to perform operations in the financial market.
Financial Analysis of Companies
Introduction to basic financial statements and their interpretation for valuing companies.
Investing in Commodities: Gold, Oil, and Other Goods
How commodity investments work and their role in diversification.
Advanced Investment Strategies: Hedging and Derivatives
Introduction to strategies for managing risks through financial derivatives.
Creating and Managing a Complete Portfolio
Practical application of prior knowledge to build and manage a diversified portfolio.

Investing in cryptocurrencies may sound like the dream of becoming a millionaire overnight, but don't get carried away by the fantasy so quickly. It's not all profit and joy as some want to sell you., and there are serious risks you need to consider before investing. From wildly rising and falling prices to scams and fake coins like memecoins, the crypto world is full of pitfalls. I'll explain it simply, as if we were chatting on the sidewalk, so you don't get burned by not knowing.

Why are there risks in cryptocurrency trading?

To start, The price of cryptocurrencies is a total roller coasterOne day your Bitcoin is worth $50,000, and the next it could plummet to $40,000 or less. In Argentina, where we're already playing catch-up with the dollar rising and falling at will, this can be an added stress. If you can't stomach watching your money go down the drain and come back in a flash, it's best not to get involved.

Another big issue is that There's no one to cover for you if something goes wrong.If you lose money in a bank, you can go complain or make a claim. With cryptocurrencies, if something happens to you, you're on your own. There is no manager, there is no branch, there is nothingIt's all digital, you and your computer against the world. That's freeing, but it's also scary.

Crypto Traps: Do you know the risks of cryptocurrencies?

The madness of prices

Let's talk more about this crazy prices. Cryptocurrencies do not have a fixed value like the peso or the dollar in the bank.They depend on what people are willing to pay for them, like World Cup figurines or a used car. If everyone goes crazy buying Bitcoin, the price skyrockets. If they panic and sell everything, it collapses like a house of cards.

In Argentina, this hits hard. Many people are getting into cryptocurrencies to escape inflation., which makes the peso worth less and less. But sometimes they end up losing more than they expected. For example, in 2022, Bitcoin suffered a tremendous crash, leaving a lot of people watching their savings go up in smoke. It is a high-risk game, not suitable for the faint of heart..

What are sh*coins?

This is where the shadiest part of the crypto world comes in: sh*coins. They are fake cryptocurrencies that are useless for anything serious.They only do them to hook unsuspecting people and get their money. I don't think I need to explain what the English word I'm censoring means, and the truth is, the name fits them perfectly. They don't have any good technology behind them, nor a serious team, nor a real purpose. Just a strange name and promises that "you'll make millions in two days."

There are thousands of sh*coins floating around: things like “MoonCoin,” “RocketCash,” or “SuperGain” that appear out of nowhere. In Argentina, some people fall because they want to make a quick splash.But most of these coins are pure rhetoric. You buy them, they rise a bit due to people's madness, and then they collapse, and you're left with nothing.

And the memecoins?

Memecoins are a whole other nonsense. They are cryptocurrencies that are born from a joke or a meme on the internet.The best known is Dogecoin, which started in 2013 with a photo of a Shiba Inu dog and was pure fun. But it went viral, and people like Elon Musk hyped it up by talking on Twitter. It's worth something today, but it's still more luck than anything else.

Other famous memecoins are Shiba Inu, Floki or SafeMoon. In Argentina, kids see them on TikTok or Instagram and go buy them because they're trendy., but 90% of the time they end up being worth zero. They're like playing the lottery: you might win if you get lucky, but you'll most likely lose everything you put in.

Dogecoin, possibly the most famous memecoin. It was born from the strong and weak dog meme.

Scams everywhere

Scams are the order of the day in crypto. There are smart people who promise you the moon and the stars if you invest with them.You get a message on WhatsApp, Telegram, or even Instagram: "Put in 1,000 pesos and you'll have 10,000 in a week." It sounds nice, but it's almost always a scam. The guys grab your money and that's it, disappearing as if nothing happened.

In Argentina, this happens often. There are fake groups that attract kids who don't know much.They take what little they have and then disappear. Another classic scam is the "pump and dump" scam. Someone inflates the price of a memecoin with promises, you buy it at a high price, thinking it's the right time, and then they let it fall. They fill their pockets and you just stand there watching..

Security risks

Having cryptocurrencies is not like keeping pesos under your mattress. If your digital wallet is hacked, you're out of pocket.And it's not that uncommon: if you use public Wi-Fi, visit a fake website, or get caught with a fake email, you could lose everything. In Argentina, where phishing and online scams are rampant, you have to be more vigilant than ever.

Another big risk is losing the key. That key is like the key to your digital safe., and if you forget it, lose it, or it's stolen, there's no way to recover it. There's no "I forgot my password" like there is on Netflix. If that happens to you, say goodbye to your crypto and prepare to cry.

The government and the laws

Don't forget the government, which also plays its part. In Argentina, cryptocurrencies are legal, but not fully regulated.That means you can use them, buy them, and sell them, but there are no clear rules. One day the government could wake up and say, "Enough, we're banning them," or "We're taxing them 80%." It's already happened in other countries like China, and here we're always on the verge of some crazy change.

For now, the ARCA (formerly AFIP) already requires you to declare if you earn money with cryptocurrencies. If you sell Bitcoin and make a difference, you can be taxed.And if things get stricter, your investment could be ruined overnight.

The risk of exchanges

To buy crypto, you use platforms called exchanges, such as Binance, Ripio, or Bitso. If the exchange goes bankrupt or scams you, you could lose everything.In 2022, a major platform called FTX collapsed, leaving millions of people without their money. In Argentina, we use these sites a lot, so you have to choose wisely and not leave all your money stashed there.

Better move your cryptos to a personal wallet.Because if the exchange has problems, it's not your fault. It's like leaving your paycheck at a supermarket checkout: if it closes, you're left with nothing.

Sh*coins and memecoins: the crypto casino

Let's go back to sh*coins and memecoins, because they are a separate chapter. Investing in them is like playing roulette in a casino.They might rise a lot for a while, like Dogecoin, but most of them sink quickly. In Argentina, some kids went for it with Shiba Inu in 2021 and made a killing, but thousands more lost everything.

They have no solid foundationThey're useless and rely on people hyping them up. If you want to invest seriously, look no further than Bitcoin or Ethereum, which at least have a history and technology behind them.

The risk of greed

A common mistake is greed. Many see cryptocurrencies rising and rush into it without thinking.In Argentina, where we're always looking for extra cash, this happens a lot. You buy high because everyone else is buying, and then the drop comes. Or you get into a sh*coin because "a friend told me it's the future," and you end up with a hole in your pocket.

The key is not to be driven by greed, or as my Nona would have said, don't be greedy. If it sounds too good to be true, it probably is.

Losing everything by mistake

Another risk that not many people consider is human error. Sending crypto to the wrong address is like throwing money away.If you make a mistake in a digital wallet number, there's no going back. In Argentina, where we sometimes rush and don't check, this happens more often than it should.

You can also lose everything if you forget to back up. If your computer breaks or you lose the cell phone where you had your wallet, bye-bye cryptos.You have to be organized and careful, something that not everyone has naturally.

Risks in cryptocurrency trading

Lack of experience

Investing in cryptocurrencies isn't like buying dollars in a cave. If you don't know anything, you can easily make a mistake.In Argentina, many people got involved without understanding how blockchain, wallets, or exchanges worked, and ended up losing out due to lack of information.

Learning takes timeAnd while you're learning, you can make expensive mistakes. That's why starting small and learning a touch is the best way to go.

Social risk

Sometimes the problem isn't the crypto itself, but the pressure from others. If your friends or your cousin insist that you invest, you may fall for it by going with the flow.In Argentina, where everyone is chasing the hottest deals, this happens a lot. "Get into this memecoin, it's exploding," they tell you, and you jump right in without thinking twice.

Don't let yourself be rushed. Invest only if you want to and if you understand what you're getting into.

Tips to avoid losing everything

If you still want to try, do it wisely. Don't put in money that you need to live, like rent, food, or bills. Start small, like 1,000 pesos, and use serious cryptocurrencies like Bitcoin or Ethereum. Don't mess around with sh*coins or memecoins without knowing.

Keep your passwords in a safe place, preferably on paper rather than on a computer, and use well-known platforms like Binance or Ripio. Get informed before you get involvedWatch videos, read articles like this one, or chat with someone who knows. Those who don't know lose.

The good side and the bad side

Not everything is negative, eh. In Argentina, cryptocurrencies helped many people avoid inflation.Some bought Bitcoin in 2020 and now have a significant difference. But there are also thousands who lost everything due to rushing or falling into scams.

Sh**coins and memecoins are a game of chance, not a serious investment. If you want to have fun, invest a little and assume you can lose it. But if you're serious, focus on the big cryptos and learn how to navigate.

Get all three books to make ends meet at an incredible price.

The emotional risk

Investing in cryptocurrencies isn't just about money, it's also about brainpower. The ups and downs can drive you crazy.In Argentina, where we already live under economic stress, this emotional roller coaster isn't for everyone. If you get anxious or obsess over the price, you'd better find another way to save.

Real example of loss

Look at this case: in 2021, a kid from Córdoba invested 50,000 pesos in a memecoin he saw on Twitter. He went up to 200 thousand in a week and felt like the king of the worldBut he didn't sell; he waited longer, and in two days it fell to 5,000. He lost almost everything because he didn't know when to stop. These stories are common in Argentina.

Is it worth the risk?

To close, I tell you: Cryptocurrencies are a cool, but risky tool.They can make you a profit if you hit it, but you can also lose a lot if you're not careful. In Argentina, with our need to protect our money, they're tempting, but they're not for everyone.

If you dare, play carefullyDon't get carried away by the hype, do your research and start off easy. Sh**coins and memecoins are a casino, but even in the casino you can win if you're lucky and strategic. What do you think? Are you taking the risk or are you watching from the outside? Me... I prefer to watch from the outside.

Next course date

October 7, 2025. You will be able to access it with this link.

Questions for you to reflect on

Why is it a good idea to use money you can afford to lose on memecoins?

What differences do you find with investing in stocks?

What do you think the odds will be? More likely to win or lose?

A brief overview of The Pocket Investor

The Pocket Investor is a project that combines experience and passion for financial education to help you transform your relationship with money. Through personalized mentoringWe help you design investment strategies tailored to your goals and needs, optimizing your portfolio to address challenges like inflation and the dollar.

The books on finance and investment, including the popular The Argentine Pocket Investor - El Inversor de Bolsillo argentino, are practical tools that explain complex concepts in a simple way, bringing the world of investments closer to anyone interested in financial growth.

In addition, in the course The Pocket InvestorWe combine all this knowledge to offer you a complete experience: theory, practice, and strategies that truly work in the Argentine and global context. All this with a clear, friendly, and accessible approach, so you can achieve financial independence.

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22 – Blockchain: La Tecnología Detrás de las Criptomonedas

Mario Cape — Fri, 19 Sep 2025 05:40:00 +0000

Lesson 22 – The Best Free Finance Course in History

In this lesson, we'll discuss how blockchain technology enables cryptocurrencies, their future prospects, and their advantages and disadvantages.

Course index:

Basic Concepts of Money and Personal Finance
Introduction to the value of money, the importance of saving, and spending control.
Budgeting and Financial Planning
Create a personal budget, manage income and expenses, and set financial goals.
Inflation and Purchasing Power
Explanation of how inflation affects the value of money over time.
Interest Rates and Time in Finance
Differences between simple and compound interest rates and their importance in investments.
How to defend your savings
How to protect your money from the scams that abound today.
Basic Savings Instruments
Explanation of savings accounts, term deposits, and how they work.
Introduction to the Stock Market
Basic concepts of the stock market and its role in the global economy.
Actions: What They Are and How They Work
Explanation of stocks, types (common and preferred), and how to invest in them.
Bonds: What They Are and How They Work
Differences between corporate and government bonds, and their importance in diversification.
Risk vs. Return on Investments
Concept of risk and how it affects investment choices.
Diversification and Creating a Simple Investment Portfolio
Basic diversification principles to reduce risk in an investment portfolio.
What is an ETF and How Does it Work?
Introduction to ETFs (exchange-traded funds) and how they track market indices.
Introduction to Mutual Funds
An explanation of mutual funds and their benefits for beginners.
Financial education for the family.
Explanation of the economic principles that can help your family make ends meet.
Economic Cycle and its Impact on Investments
How the stages of expansion and contraction in the economy affect investments.
Growth Stocks vs. Value Stocks
Differences between these types of actions and when each is appropriate.
Fundamental Analysis of Stocks
Explanation of how to analyze a company's value based on its fundamentals.
Basic Technical Analysis: Charts and Patterns
Introduction to basic technical analysis tools, such as trend lines and candlestick patterns.
Options: What They Are and How They Work
Basic concepts of call and put options and their uses in investments.
Futures: What They Are and How They Work
Introduction to futures contracts and their application in investment and speculation.
Introduction to Cryptocurrencies
What is digital money, how it was created, and the characteristics of Bitcoin and other cryptocurrencies.
Blockchain and its Importance in Finance
How the technology behind cryptocurrencies works and their applications in finance.
Risks in Cryptocurrency Trading
Volatility, fraud, and regulations in the cryptocurrency market.
Leverage Principles and its Risk
What it means to trade with leverage and the associated risks.
Investor Psychology and Emotion Management
How emotions influence investment decisions and tips for managing them.
What is Algorithmic Trading
Basic explanation of the use of algorithms to perform operations in the financial market.
Financial Analysis of Companies
Introduction to basic financial statements and their interpretation for valuing companies.
Investing in Commodities: Gold, Oil, and Other Goods
How commodity investments work and their role in diversification.
Advanced Investment Strategies: Hedging and Derivatives
Introduction to strategies for managing risks through financial derivatives.
Creating and Managing a Complete Portfolio
Practical application of prior knowledge to build and manage a diversified portfolio.

Blockchain is a word that sounds a bit complicated, but don't worry, I'll explain it to you easily. It's like a giant notebook where everything that happens with cryptocurrencies is written down., but it's not on paper, it's on the internet. Imagine a record that no one can erase or change, and that anyone can see if they want. That's blockchain, and it's the magic behind things like Bitcoin or Ethereum.

It's not just for crypto, eh. Blockchain is a technology that serves a lot of purposes., from saving important data to creating automatic contracts. But don't worry, we'll go step by step so you understand it clearly, as if I were telling you while sipping mate in the kitchen.

What does blockchain mean?

First, let's break down the word. "Block" is a block, and "chain" is a chain. So, blockchain is a chain of blocksEach block is like a page in that notebook I told you about, and it stores information about what's happening: who sent money, how much, to whom, and when. When a block is full, it closes and connects to the next, forming an unbroken chain.

The cool thing is that there is no single person or company managing itThousands of computers around the world have a copy of that notebook, and they all check to make sure what's written is true. If someone tries to pass off the cat as a rabbit, the others stop them. It's like a giant team keeping order.

How did blockchain begin?

Blockchain was born with Bitcoin in 2009. A guy (or group, because nobody knows who he really is) who called himself Satoshi Nakamoto invented it. I wanted cryptocurrencies to be secure and not dependent on banks or governments.. So he came up with this idea of blockchain as a way to record everything without anyone being able to cheat.

Before that, there was nothing like it. The blockchain was like a revolutionary invention, because it changed how we store and share things on the internet. Since 2009, it's grown significantly, and today it's used for more than just cryptocurrencies.

How does blockchain work?

Let's get down to business: how does it work? It's like a digital trust systemWhen someone does something with cryptocurrency, like sending Bitcoin to a friend, that transaction is written into a block. But it doesn't write itself. There are special computers, called "nodes," that review everything.

These computers check that the transaction is real: that you have the money you say you have and that you are not spending it twice. If everything is OK, the block is closed and added to the chain.Once it's there, there's no going back, it's etched in your memory forever.

Blockchain, the notebook that never gets erased

Why is it so safe?

Here's what makes blockchain special: It is almost impossible to hack or change itWhy? Because it's on thousands of computers at once. If someone wants to hack in and modify a block, they'd have to change every copy in the world at the same time, and that's crazy.

Also, it uses something called cryptography. They are very complicated codes that protect the information., like a digital lock that only opens with the correct code. In Argentina, where we're always wary of being robbed, this is a perfect fit.

Who controls the blockchain?

Nobody and everyone at the same time. There is no boss or company behind the blockchainThat makes it different from, say, a bank, where there's a manager who decides everything. Here, the rules are set by the system itself, and the computers that keep it running are run by ordinary people, companies, or groups around the world.

In Argentina, this is liked because gives us freedomYou don't depend on a government that puts obstacles in your way or a bank that charges you absurd fees. It's like managing your own money without anyone looking down on you.

What happens inside a block?

Each block has three main things. First, the operations info, such as "John sent 0.1 Bitcoin to Mary." Second, a special code called a "hash," which is like a unique fingerprint of the block. And third, the hash of the previous block, which connects it to the chain.

If someone touches something in a block, the hash changes and other computers notice. It's like a perfect anti-cheat systemThat's why blockchain is so reliable.

Blockchain and cryptocurrencies

Blockchain is the heart of cryptocurrencies. Without blockchain, Bitcoin would not existIt's what allows you to send money to someone without a bank in the middle. For example, if you send crypto to your cousin in Mendoza, the blockchain records everything and ensures it arrives.

In Argentina, where the dollar is in trouble and the peso is losing value, Blockchain gives us a way to move money quickly and safely.That's why cryptocurrencies have become so popular here.

What else is blockchain used for?

Not everything is cryptocurrencies. Blockchain is used for a lot of cool thingsFor example, in the Argentine countryside, some companies use it to track products. Imagine knowing which cow the steak you're eating came from, all recorded in the chain.

It also works for smart contracts. They are agreements that are fulfilled by themselves, without the need for lawyers or paperwork. For example, "I'll pay you 1,000 pesos if you send me the order by Friday." The blockchain verifies compliance and makes the payment automatic.

Blockchain in Argentina

Here in Argentina, blockchain is growing slowly but surely. There are startups in Buenos Aires, Córdoba and Rosario that use it to innovate.For example, in the agricultural sector, some use it to sell soybeans or corn directly abroad, without intermediaries taking a cut of the business.

Universities like the UBA and the UNC are also involved. They study how to use blockchain to improve the country, from making elections more transparent to saving health data. It's a promising topic for the future.

Advantages of blockchain

Why is blockchain so popular? It is transparent like waterEveryone can see what's happening on the network (though not always who, for privacy reasons). That builds trust, something we always need in Argentina.

Another advantage is that remove the middlemenIf you want to send money or make a deal, you don't need a bank, a notary, or anything like that. Everything is direct, fast, and cheaper.

Disadvantages of blockchain

Not everything is rosy, of course. Blockchain uses a lot of energy, because all those computers running consume electricity like crazy. In a country like Argentina, where electricity isn't always cheap, that can be a problem.

It can also be slow if there are many operations together. It's not as fast as Mercado Pago to pay for groceries., for example. And to use it well, you have to understand it a little, which isn't easy for everyone.

How is blockchain maintained?

Blockchain doesn't work alone; it needs people to make it work. There are people and companies that use their computers to verify transactions.This is called “mining.” Miners, as they are known, earn cryptocurrencies in exchange for their work.

In Argentina, there are also miners, although not as many as elsewhere. You need a powerful computer and cheap energy to make it worthwhile.With power outages and the cost of electricity, it's not as common, but some people make do.

Blockchain and security

Security is the first thing people think of when they hear blockchain. It's super secure because everything is encrypted and distributed across thousands of locations.If one of your computers is hacked, the rest of your computer will still work, and you won't lose anything.

Yes indeed, Safety depends on you tooIf you lose the key to your blockchain-based crypto wallet, no one can get it back. It's like losing your house key: you're locked out.

Let's imagine you want to send 100 pesos in Bitcoin to your brother. You make the transaction in your digital wallet, and that goes to the blockchain. Computers check it, write it into a block, and voila, your brother has the money. All in minutes, without banks or lines.

In Argentina, this is a great goal. Sending money to the interior or abroad without paying a fortune is something that many people need.. Blockchain makes it possible.

The future of blockchain

What comes next? Blockchain could change a lot of things.Some say that in the future we'll be using it for everything: voting online, buying houses, storing university degrees. In Argentina, it could help make things more transparent, which would be a great thing for us.

For now, it is growing slowly. It is necessary that more people understand it and that the cost of using it goes down.But the potential is there. It's like the internet in the 90s: few people used it at first, and look how it exploded later.

Get all three books to make ends meet at an incredible price.

Blockchain in everyday life

Today, blockchain is already in things you use without realizing it. If you buy crypto, you are using blockchainBut it can also be in logistics apps, in banks that try new things, or in online games.

In Argentina, some kids are already using it for business ventures. There are startups that help you sell products with blockchain., ensuring everything is legal and clear. It's a tool that, if you get the hang of it, can give you an advantage.

Tips for understanding blockchain

If you want to get more into this world, Start by reading simple things like this lesson You don't have to be an engineer. Watch videos, search on Google, or chat with someone who knows. In Argentina, there are some really cool online communities where they'll explain everything.

Try it with crypto to see it in action.Buy a little Bitcoin or Ethereum and follow its movements on the blockchain. It's the best way to learn by playing.

Is blockchain worth it?

To close, I tell you: Blockchain is a great technology that is here to stay.In Argentina, with our history of economic disasters, it can be a key tool. It's not perfect, but if we use it well, it can help us a lot.

What do you think? It's like a digital superpower, but you have to learn how to handle it. If you're interested, feel free to explore it further; it's a super interesting world!

Next course date

September 25, 2025. You will be able to access it with this link.

Questions for you to reflect on

What potential do you see in Blockchain technology?

Do you see a future for smart contracts?

What could happen in the event of a massive power outage?

A brief overview of The Pocket Investor

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21 – Introducción a las Criptomonedas: La Increíble Economía Descentralizada

Mario Cape — Fri, 05 Sep 2025 05:40:00 +0000

Lesson 21 – The Best Free Finance Course in History

In this lesson, we'll explore this completely new world and answer the question: What is a cryptocurrency? In the next lessons, we'll explore blockchain technology and then its risks.

Course index:

Basic Concepts of Money and Personal Finance
Introduction to the value of money, the importance of saving, and spending control.
Budgeting and Financial Planning
Create a personal budget, manage income and expenses, and set financial goals.
Inflation and Purchasing Power
Explanation of how inflation affects the value of money over time.
Interest Rates and Time in Finance
Differences between simple and compound interest rates and their importance in investments.
How to defend your savings
How to protect your money from the scams that abound today.
Basic Savings Instruments
Explanation of savings accounts, term deposits, and how they work.
Introduction to the Stock Market
Basic concepts of the stock market and its role in the global economy.
Actions: What They Are and How They Work
Explanation of stocks, types (common and preferred), and how to invest in them.
Bonds: What They Are and How They Work
Differences between corporate and government bonds, and their importance in diversification.
Risk vs. Return on Investments
Concept of risk and how it affects investment choices.
Diversification and Creating a Simple Investment Portfolio
Basic diversification principles to reduce risk in an investment portfolio.
What is an ETF and How Does it Work?
Introduction to ETFs (exchange-traded funds) and how they track market indices.
Introduction to Mutual Funds
An explanation of mutual funds and their benefits for beginners.
Financial education for the family.
Explanation of the economic principles that can help your family make ends meet.
Economic Cycle and its Impact on Investments
How the stages of expansion and contraction in the economy affect investments.
Growth Stocks vs. Value Stocks
Differences between these types of actions and when each is appropriate.
Fundamental Analysis of Stocks
Explanation of how to analyze a company's value based on its fundamentals.
Basic Technical Analysis: Charts and Patterns
Introduction to basic technical analysis tools, such as trend lines and candlestick patterns.
Options: What They Are and How They Work
Basic concepts of call and put options and their uses in investments.
Futures: What They Are and How They Work
Introduction to futures contracts and their application in investment and speculation.
Introduction to Cryptocurrencies
What is digital money, how it was created, and the characteristics of Bitcoin and other cryptocurrencies.
Blockchain and its Importance in Finance
How the technology behind cryptocurrencies works and their applications in finance.
Risks in Cryptocurrency Trading
Volatility, fraud, and regulations in the cryptocurrency market.
Leverage Principles and its Risk
What it means to trade with leverage and the associated risks.
Investor Psychology and Emotion Management
How emotions influence investment decisions and tips for managing them.
What is Algorithmic Trading
Basic explanation of the use of algorithms to perform operations in the financial market.
Financial Analysis of Companies
Introduction to basic financial statements and their interpretation for valuing companies.
Investing in Commodities: Gold, Oil, and Other Goods
How commodity investments work and their role in diversification.
Advanced Investment Strategies: Hedging and Derivatives
Introduction to strategies for managing risks through financial derivatives.
Creating and Managing a Complete Portfolio
Practical application of prior knowledge to build and manage a diversified portfolio.

Cryptocurrencies are a topic everyone hears about these days, but if it sounds like gibberish to you, don't worry, I'll explain it to you simply. They are like a digital silver that you cannot hold with your hand., something that exists only on the internet and that you use to buy things, sell them, or store them as if they were savings. They're not made by a bank or controlled by the government, as is the case with pesos or dollars, but rather created by technology. The best-known is Bitcoin, but there are thousands more out there.

Think of cryptocurrencies as a kind of modern game. Instead of metal coins or bills, you have codes worth something that you store on your phone or computer. The cool thing is that there is no boss in the middle telling them what to do with them., like the Central Bank or a politician. That makes them different and, for many people, very attractive.

Where did cryptocurrencies come from?

To understand this, we have to go back a little. It all started in 2009 with Bitcoin. A guy, or perhaps a group (no one knows exactly who it was), using the name Satoshi Nakamoto, said: "What if we make a currency that doesn't depend on anyone?" The idea was to create something free, secure, and that banks and governments could not control.They didn't want money to be tied to the same old rules, the ones that sometimes complicate our lives.

Satoshi wrote a short text explaining how Bitcoin would work and released it to the world. No one thought it would catch on so much, but it exploded. Suddenly, people started using it, buying it, and storing it. Over time, other cryptocurrencies like Ethereum, Litecoin, and many more emerged. In Argentina, cryptocurrencies have arrived strongly because here we always look for ways to protect our money., especially with inflation continuing and the dollar rising like crazy.

How do cryptocurrencies work?

Here comes the interesting point: how do cryptocurrencies exist and function? It's not magic, right? They use a technology called blockchain, which is like a giant book where everything that happens with that currency is written down. But don't worry, we'll talk about blockchain in the next lesson. For now, just think of it as something that keeps everything organized and secure.

For now, think of it this way: cryptocurrencies are like digital bills that you keep in a virtual wallet. That wallet isn't made of leather, nor is it carried in your pocket; it's an app or program on your phone or computer. When you want to use a cryptocurrency, you send it to someone else over the internet, like a WhatsApp message, but with money.There are no banks in the middle, just you, the other person, and the technology.

A group of people trying to reach Bitcoin, a currency that has had impressive increases

What are cryptocurrencies used for?

Cryptocurrencies are used for a lot of things. The most basic is buying and sellingIn some countries, and even in cities like Buenos Aires or Córdoba, there are businesses that let you pay with Bitcoin or Ethereum. You can buy a coffee, a t-shirt, or even a car if the seller accepts crypto.

Another thing people do is save them as an investment. Many people think that cryptocurrencies will be worth more in the future., so they buy them now and leave them alone, waiting for the price to rise. It's like buying dollars, but with more risk and more technology involved.

There are also those who use them to send money to other countries. With cryptocurrencies, you can send money to a friend in Spain or a relative in Brazil without going through a bank that charges you a fortune.It's quick and, if you know how to do it, quite cheap.

How popular are they in Argentina?

In Argentina, cryptocurrencies are booming. Here people love them because they don't trust banks or the peso very much.With inflation making money worth less every day, many are looking for something that gives them security. And cryptocurrencies, although they have their risks (we'll talk about that later), seem like a great option.

For example, in 2021 and 2022, Argentina was among the countries that most used cryptocurrencies in the world. Platforms like Binance and Ripio were filled with Argentine users. They wanted to buy Bitcoin or stablecoins, which are cryptocurrencies worth the same as the dollar. Even young kids, who don't have much money, are getting involved with just a little bit.

Some of the main cryptocurrencies

How do I get cryptocurrency?

If you've caught the bug and want to own crypto, it's easier than it seems. First, you need a digital wallet, which is like a place where you store them. There are tons of options: you can use apps like Binance, Ripio, or Coinbase, which are well-known.

Then you have to buy them. In Argentina, you can use pesos to buy crypto on these platforms.It's like going to the market, but instead of tomatoes, you buy Bitcoin. You deposit money via wire transfer or card, choose how much crypto you want, and voila, you have something in your digital wallet.

Another way is for someone to send them to you. If you have a friend who already has cryptocurrencies, it can be a bit like giving you a bill. Everything is done online, quickly and without complications..

What are stablecoins?

Within the world of cryptocurrencies, there are some called stablecoins. They are cryptocurrencies that do not rise or fall much in price., because they're pegged to something like the dollar. For example, a popular stablecoin is USDT (Tether), which is always worth roughly one dollar.

In Argentina, stablecoins are a big hit. People use them to have digital dollars without going into a cave or fighting with the exchange rate controls.You buy USDT with pesos and rest easy knowing it won't lose value like the peso.

The most popular cryptocurrencies

There are thousands of cryptocurrencies, but some are the stars of the show. Bitcoin is the king, the first and most famousEveryone knows it, and although it's expensive (worth thousands of dollars per unit), you can buy small pieces.

Then there's Ethereum, which is not only a currency, but also a platform for making cool things (like apps or games). Ethereum is like Bitcoin's little brother, but with more tricks up its sleeve.There are also Litecoin, Ripple and Cardano, each with its own vibe.

Are cryptocurrencies legal?

A question many people are asking: Is this legal or am I up to something weird? In Argentina, cryptocurrencies are legal, but not fully regulated.. That is, you can buy, sell, and use them, but the government doesn't control them like the peso. That's good because it gives you freedom, but it also means you're a bit on your own if something goes wrong.

The Argentine government has begun to take a closer look at cryptocurrencies in recent years. They want to tax those who make money from them., so if you sell Bitcoin and make a difference, be careful, because the AFIP may ask you to declare it.

Advantages of cryptocurrencies

Why do people like crypto so much? Because they have good things going for them. They are fast and cheap to move moneySending pesos to another country via bank can be a headache, and they charge you a lot. With cryptocurrencies, you can do it in minutes and spend less.

Another advantage is that You don't depend on a bank or a governmentIf you don't like being told what to do with your money, crypto is for you. Plus, you can start with little money; you don't have to be a millionaire.

Disadvantages of cryptocurrencies

Not everything is perfect, eh. Cryptocurrencies can suddenly drop in priceAnd if you're not careful, you lose money. There's also the issue of security: if your wallet is hacked or you lose your password, you're out of luck. No bank will give you anything back.

Another con is that not everyone accepts themYou can have a ton of Bitcoin, but if the corner store doesn't take it, you can't use it to buy milanesas.

How to get started with crypto?

If you want to get into this world, start slowly. Look for information and try with little money at first.Download a wallet like Ripio or Binance, put in a few pesos, and buy something small, like 1,000 pesos worth of Bitcoin or USDT.

Do some reading online, watch some YouTube videos, or chat with someone who's already knowledgeable about the topic. Don't worry, because this has its risks., but if you get the hang of it, it can be really interesting.

Get all three books to make ends meet at an incredible price.

Cryptocurrencies and everyday life

Today, cryptocurrencies are no longer just for nerds or the rich. In Argentina, even neighborhood kids use them to save or send money.There are crypto ATMs in some cities, and more and more businesses are accepting them.

For example, you can pay for a barbecue with friends using crypto if everyone agrees. It's like using Mercado Pago, but without the company getting in the way.. All direct, person to person.

The future of cryptocurrencies

What's going to happen with cryptocurrencies? No one has a crystal ball, but many believe they're going to grow even more. They could change how we use money in the worldSome say that in a few years we'll be paying for everything with crypto, from the bus to pizza.

In Argentina, with the economy we have, cryptocurrencies could be a lifesaver for many people. If the peso continues to lose value, cryptocurrencies and stablecoins will become increasingly popular.It's a matter of seeing how it goes.

Tips for beginners

To close, I leave you with some simple tips. Don't put all your money in cryptocurrencies, because you could lose it. Start small and learn how everything works. Use familiar platforms and keep your passwords safe.

Cryptocurrencies are an adventure, but you have to be careful. If you get the hang of it, you can take advantage of it and even have fun along the way.What do you think? Are you up for trying it?

Next course date

September 19, 2025. You will be able to access it with this link.

Questions for you to reflect on

What does it mean that cryptocurrencies are not regulated?

Why isn't it a good idea to put money I need into cryptocurrency?

What are the advantages and disadvantages of stable coins?

A brief overview of The Pocket Investor

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Criptomonedas: 10 Claves para Entender este Nuevo Mundo

Mario Cape — Wed, 25 Jun 2025 08:11:00 +0000

Financial advice

Cryptocurrencies, their benefits and dangers, have been talked about for a long time. But can you really invest in them safely? In this guide, we give you 10 keys to understanding and trading them like an expert.

The cryptocurrencies Cryptocurrencies have taken the world by storm in the last decade, and while they may seem complicated, there's no reason we can't understand them. In this guide, I'll take you through the basics of cryptocurrencies, how they work, and how you can safely get involved. So buckle up and let's dive into this exciting digital world!

1. What are Cryptocurrencies?

The cryptocurrencies They are digital currencies that use the technology of cryptography to secure transactions and control the creation of new units. Unlike traditional currencies, cryptocurrencies are not issued by a central bank and operate in a decentralized manner through a technology called blockchain.

Blockchain It's a public ledger that records all cryptocurrency transactions. Each block in the chain contains a set of transactions and is linked to the previous block, making it nearly impossible to modify the information.

2. The History

The first cryptocurrency, Bitcoin, was created in 2009 by a person (or group of people) under the pseudonym of Satoshi NakamotoSince then, thousands of cryptocurrencies have emerged, each with its own characteristics and purposes.

Bitcoin was designed as an alternative to the traditional financial system and has been a pioneer in creating a financial system without intermediaries. Over the years, other cryptocurrencies, such as Ethereum, Ripple and Litecoin, have gained popularity and have contributed their innovations to the ecosystem.

Bitcoin, the best known among cryptocurrencies

3. How do they work?

The functioning of cryptocurrencies is based on three fundamental elements: mining, transactions and wallets.

Mining: This is the process by which new coins are created and transactions are validated. Miners use powerful computers to solve complex mathematical problems, and in doing so, they validate transactions on the network. As a reward, they receive new cryptocurrencies.
TransactionsWhen you send or receive cryptocurrency, you're making a transaction that's recorded on the blockchain. Each transaction is transparent and can be verified by anyone on the network.
WalletsTo store your cryptocurrency, you need a digital wallet. There are two main types: hot wallets (connected to the Internet) and cold wallets (offline). Hot wallets are convenient, but less secure. Cold wallets, such as hardware wallets, offer greater security.

4. Types of Cryptocurrencies

There are thousands, but here are some of the best known:

Bitcoin (BTC): The first and most famous cryptocurrency, used as a store of value.
Ethereum (ETH): More than a cryptocurrency, it is a platform that enables the creation of smart contracts and decentralized applications (dApps).
Ripple (XRP): Designed to facilitate fast and affordable international payments.
Litecoin (LTC): Created as a faster, lighter version of Bitcoin.
Stablecoins: Cryptocurrencies that are pegged to a stable asset, such as the US dollar, to minimize volatility.

5. Why invest in this financial asset?

Investing in cryptocurrencies may seem risky, but it also presents unique opportunities. Some reasons why you might consider investing include:

High ProfitabilitySome cryptocurrencies have experienced impressive increases in value in short periods of time. While volatility can be frightening, it can also be offers significant profit opportunities.
DiversificationInvesting in cryptocurrencies can be a way to diversify your portfolio. By including digital assets, you can include a very different asset in your overall investment.
Global AccessCryptocurrencies are accessible from anywhere in the world, allowing people in countries with unstable economies to access a more robust financial system.

6. Risks of Investing in Cryptocurrencies

Like any investment, investing in cryptocurrencies carries risks. Some of the main risks include:

VolatilityCryptocurrency prices can fluctuate dramatically over short periods of time. This volatility can lead to significant losses if not managed properly.
SecurityCryptocurrencies are susceptible to hacking and fraud. If you don't take adequate security measures, you could lose your funds.
RegulationThe regulatory environment for cryptocurrencies is constantly evolving. Government decisions can affect the value and legality of certain cryptocurrencies.

7. How to Invest in Crypto

If you decide to make the jump into cryptocurrencies, here's a step-by-step guide on how to do it:

1. Investigation

Before investing, it's essential to research and educate yourself about the different cryptocurrencies. Understand their fundamentals, the team behind the project, and the market they operate in.

2. Choosing a Wallet

Select a digital wallet to store your cryptocurrency. If you plan on making frequent transactions, a hot wallet may be convenient. If you prefer to hold your assets long-term, consider a cold wallet.

3. Choosing an Exchange

To buy cryptocurrency, you will need to use a exchangeThere are many platforms available, so make sure you choose one that's secure, reliable, and offers the cryptocurrencies you want.

4. Make the Purchase

Once you've set up your wallet and chosen an exchange, you can make your first purchase. Start with a small investment until you feel more comfortable with the process.

5. Diversify your portfolio

Don't put all your eggs in one basket. Diversifying your investments across multiple cryptocurrencies can help mitigate risk.

6. Monitor the Market

Paying attention to market trends and news that could affect your investments is crucial. Cryptocurrencies are highly volatile, so it's essential to stay alert to changes.

8. Investment Strategies

There are different approaches you can take when investing in cryptocurrencies:

HOLDThis strategy involves buying cryptocurrency and holding it for the long term, regardless of market fluctuations. This strategy has worked for many investors who bought Bitcoin in its early days.
Active TradingIf you prefer a more active approach, you can opt for trading. This involves buying and selling cryptocurrencies over a shorter period of time to take advantage of price fluctuations. However, trading requires knowledge and experience.
Investment in New ProjectsExploring emerging cryptocurrencies can offer growth opportunities. However, these investments can also be riskier.

9. Security and Asset Protection

Security is crucial when it comes to cryptocurrency. Here are some steps you can take to protect your assets:

Two-Factor Authentication: Enable two-factor authentication on your exchange and wallet to add an extra layer of security.
Use Cold WalletsIf you plan to hold large amounts of cryptocurrency, consider using a cold wallet to keep your assets offline.
Avoid Sharing Sensitive InformationNever share your private key or wallet information. Keep your data safe and secure.

10. Future of Cryptocurrencies

The future of cryptocurrencies is uncertain, but there are reasons for optimism. Cryptocurrency adoption continues to grow, and more and more businesses are accepting cryptocurrency payments. Furthermore, developments in blockchain technology are creating new opportunities and innovations.

Regulation will also play a crucial role in the future of cryptocurrencies. As governments work on regulatory frameworks, we could see increased consumer confidence and widespread adoption.

Conclusion

Understanding cryptocurrencies can seem challenging at first, but with the right information and an educated approach, anyone can dive into this fascinating world. Cryptocurrencies offer unique opportunities, but they also require responsibility and knowledge.

The key to success in any investment is continuing education. Now that you have these 10 infallible keys, you are ready to take your first steps in the world of cryptocurrencies!

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¿Qué son los Meme Coins, como los que citó Milei el viernes 14?

Mario Cape — Mon, 17 Feb 2025 12:50:14 +0000

Financial news

Last Friday, February 14th, Javier Milei posted on X a reference to a cryptocurrency, $Libra, which was supposedly a project to help Argentine entrepreneurs. Soon, the price rose exponentially and then dropped to zero. Over the weekend, it regained some ground. Now, what are Meme Coins? What really happened? We'll tell you in detail..

Cryptocurrencies have revolutionized the financial world in recent decades, offering digital alternatives to traditional money. However, within this ecosystem, a category of assets known as meme coinsThese tokens, often inspired by internet jokes, have gained popularity due to their speculative nature, extreme volatility, and impact on social media.

In this article, we will explain in depth what a meme coin, what its main features are, its risks and benefits, and we will analyze the recent scandal linked to the cryptocurrency $LIBRA, which was promoted by Argentine President Javier Milei.

What is a meme coin?

A meme coin is a type of cryptocurrency created primarily for humorous reasons or with a concept based on popular internet memes. Unlike established cryptocurrencies like Bitcoin or Ethereum, which have solid technologies and well-defined use cases, meme coins They are often born without any real use beyond speculation and community enthusiasm.

The first and most iconic meme coin Dogecoin (DOGE), launched in 2013 by Billy Markus and Jackson Palmer. Its logo, based on the famous Shiba Inu dog from the "Doge" meme, quickly captured public attention. Although it began as a joke, Dogecoin garnered strong backing from the crypto community and, eventually, from billionaire Elon Musk, driving its price to unexpected levels.

Over time, other meme coins Coins like Shiba Inu (SHIB), Floki Inu, and Pepe Coin emerged, each with its own narrative and community of speculative investors. Some managed to generate millions in market value, but many others collapsed, demonstrating the highly risky nature of this type of asset.

Characteristics of meme coins

The meme coins They share certain characteristics that differentiate them from traditional cryptocurrencies:

Inspiration from memes or popular figuresThese coins are usually based on viral images, internet jokes, or well-known personalities.
High volatility: Its price fluctuates rapidly due to speculation and the influence of public figures.
Strong community on social media: Twitter, Reddit, and Telegram play a pivotal role in its adoption and growth.
Low utilityIn most cases, these cryptocurrencies have no practical application within the financial ecosystem.
Limited liquidityMany of these coins have liquidity issues, making them difficult to sell when their price drops.
Aggressive marketing: Its popularity is largely due to viral promotional strategies.

The risks of investing in meme coins

While some investors have made huge profits with meme coins, also carry considerable risks:

Market manipulation: Many times these coins are artificially pumped up by celebrities or influencers who generate excitement among retail investors, only to sell their own holdings when the price goes up (pump and dump).
Lack of regulation: Since they are not backed by real assets or regulated by financial institutions, meme coins They can disappear quickly without a trace.
Sudden price collapseMany of these cryptocurrencies experience abrupt declines, leaving investors with significant losses.
Fraudulent projects: It is not unusual for some meme coins are simply scam schemes disguised as cryptocurrency projects.

The case of $LIBRA and Javier Milei

Recently, Argentine President Javier Milei became embroiled in a scandal after promoting the $LIBRA cryptocurrency on social media. Following his post, the asset's price spiked, reaching a peak of $4.70. This soon triggered a massive sell-off of the token and a sharp drop in its value. Hours later, Milei deleted the post and stated that he wasn't very familiar with the project and that was why he was deleting it.

This type of movement is characteristic of a pump and dump, where an influential figure generates excitement around an asset, driving up its price, only for it to collapse when interest wanes. Thousands of investors suffered millions in losses in a matter of hours, leading to allegations of "financial fraud and swindle" against Milei.

Reactions and consequences

The $LIBRA scandal has sparked criticism both inside and outside Argentina. Lawyers and legislators have filed criminal complaints against Milei, accusing him of abusing his position to manipulate the crypto market. The Anti-Corruption Office has launched an investigation to determine whether there was any irregularity in the promotion of this cryptocurrency.

Meanwhile, the president's defenders argue that Milei deleted the post to avoid misunderstandings and that she had no intention of making a profit. However, the damage was already done, and thousands of small investors saw their savings evaporate in a matter of minutes.

Curiously, what triggered the scandal was the price's drop to zero, which is very common in these cases. This illustrates the difficulties of investing in this type of pseudo-asset, which is basically a game of musical chairs. The goal will always be to buy and find a buyer willing to pay more... not unlike NFTs and so many other assets without real backing. That's where the same question I recommend asking anyone who wants to buy any financial asset comes in: what's behind it?

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Conclusion

The meme coins Cryptocurrencies have proven to be speculative assets with extreme volatility. While they can generate quick profits for some, they can also lead to devastating losses. The case of $LIBRA and Javier Milei is a clear example of the risks involved in investing in this type of cryptocurrency and how the influence of public figures can alter its value.

For those interested in the crypto world, it's essential to do thorough research before investing and avoid getting caught up in the hype on social media. As always, the best strategy is to diversify and proceed with caution when dealing with high-risk speculative assets.

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At El Inversor de Bolsillo we can help you invest in quality companies.

In the Financial Mentoring With El Inversor de Bolsillo® you can learn while you invest, and we'll guide you according to your needs. Financial consulting for individuals includes one-on-one advisory sessions, online courses, stock market reports and everything you need to your investment is a success, so much investing in Argentina as in any other part of the world.
There are different monthly plans of according to your circumstances and your budgetOur plans are very affordable. The most important thing is that whichever plan you choose, you'll never be aloneWe will accompany you in your learning so that you can invest successfully.

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