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Forbes: "Oil Resource Group": A New Level of Buying and Selling Petroleum Products
... to get a better understanding of the industry and the market. In 2014, I left it and, together with my current business partner, founded "Oil Resource Group." We saw our task as introducing new business solutions to the traditional Russian market. The implementation of digital technologies has always been the driver of our growth, enabling a 100-200% increase per year. Automation allows us to sell oil products around the clock, seven days a week. A customer can place an order even if they’re on the other side of the world in a different time zone. We aim to operate in a way that a customer needing fuel on the evening of December 31st ...
16 Years of Bitcoin: From Initial Steps to $100,000 and Beyond
... On January 3, 2009, the first block in the Bitcoin network, known as the "genesis block," was mined, marking the launch of a new financial system.
The Evolution of Bitcoin's Price Over the Years
2009-2010:
In its early years, Bitcoin had no market value. The first known transaction using Bitcoin occurred in May 2010 when programmer Laszlo Hanyecz purchased two pizzas for 10,000 BTC.
2011:
Bitcoin reached parity with the US dollar and then surged to $31, before undergoing a correction to $2.
2013:
The price of Bitcoin exceeded $1,000, only to decline to around $200 shortly afterward.
2017:
Bitcoin achieved a new high of approximately $20,000, attracting significant attention ...
Investing for Beginners: Where to Start and What Mistakes to Avoid
... instantly) and requires maintenance costs, but it protects capital well from inflation and currency risks.
To succeed on this path, it is important for a novice investor to adhere to a number of basic principles. Many years of experience in financial markets have allowed us to formulate universal rules that help make informed decisions and minimize risks. These principles include setting goals, assessing risk, diversifying your portfolio, and other approaches that reduce the likelihood of losses. Let's look at the basic ...
Entrepreneurship. How to become a successful entrepreneur?
... entrepreneurship and when I decided to take up a new direction, I first got a job in the company as a sales manager, figured out the market, saw opportunities for myself and only after that I opened a company and began to develop my business in this direction.... ... here.
Based on research, we can safely say that there is no clearly defined set of behavioral characteristics that would allow us to distinguish between entrepreneurs and non-entrepreneurs. Anyone who reaches the heights in any profession, whether he is ...
"I Fear the U.S. Budget Policy": Buffett on Inflation, Debt, and Bitcoin
... increases. In this context, Buffett emphasizes: “The government’s tendency is to devalue its currency over time” and reminds us that “if someone has the power to print money, they will do so.” In other words, the availability of quantitative easing ... ... and debt lead to additional borrowing costs and intensify pressure on fiscal policy, creating uncertainty for the economy and markets.
Fiat Currencies vs. Bitcoin
In contrast to fiat money, which can be printed without limits, the issuance of Bitcoin is ...