Eric Wade - Profile and Journalist Details
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Eric Wade
Verified
Editor, Stansberry Research
Beats
consumer finance financial servicesBanking
Content
By Eric Wade Verified| Daily Wealth Verified When you pull up a chart for bitcoin, you probably just check the price and move on... Most people look at (and think about) bitcoin in terms of dollars. That's for the same reason you'd price any asset in dollars – it makes it easy to track. People want to see when bitcoin is in a rally or a sell-off. So tracking it in dollars makes it easy to keep score. But don't forget that bitcoin – and the bitcoin network – doesn't have anything to do with dollars.
By Eric Wade Verified| Daily Wealth Verified I've told the story about how I got started with bitcoin before. Long story short, I was intrigued by the idea of a non-sovereign currency. I was looking for something similar to a hard currency (like gold)... but that could be used over the Internet. So I started mining bitcoin in 2013. And I still remember that I spent the first small amount of bitcoin I mined rather than holding on to it. That makes sense if you see bitcoin as a currency. You put some in your wallet, and you spend it.
By Eric Wade Verified| Daily Wealth Verified When you pull up a chart for bitcoin, you probably just check the price and move on... Most people look at (and think about) bitcoin in terms of dollars. That's for the same reason you'd price any asset in dollars – it makes it easy to track. People want to see when bitcoin is in a rally or a sell-off. So tracking it in dollars makes it easy to keep score. But don't forget that bitcoin – and the bitcoin network – doesn't have anything to do with dollars.
Company Info
Stansberry Research
Stansberry Research is a financial publishing company based in Baltimore, Maryland, founded in 1999 by Frank Porter Stansberry. The firm specializes in subscription-based investment research and advisory services, providing actionable recommendations for self-managing investors. It operates additional offices in Florida, Oregon, and California and serves millions of investors across over 100 countries. The company offers a range of products, including monthly and bi-monthly financial newsletters and specialized research reports. Their flagship publication, *Stansberry’s Investment Advisory*, focuses on safe investment strategies and market critiques. Stansberry Research covers various topics such as market analysis, value investing, and sector-specific research in areas like natural resources and healthcare. With a team of over 20 financial analysts, the firm produces educational content on global economics and portfolio management, aiming to enhance the knowledge of its subscribers.
Baltimore, Maryland, United States
+1 888-261-2693
Founded: 1999