Revolut and N26 are new generation banks on App only. The initial idea of Revolut was travel card with free currency exchange. N26 has also this feature. Later on, with my personal experience I found out that you may be be charged up to 3% markup if you paid Revolut vs N26 in Thailand on the weekend. Other features of both apps are: free wire transfers, free cards, insurance.
Free withdrawal in Spain
Clear winner. Super easy and intuitive.
The could just copy the Revolut here 🙂 especially that the card number could be visible in the app
in app. with delays
old school email writing.
BTC, ETH, LTC
I have been using both services for more than 15 months. I would say the Revolut was better in the beginning, but then were were two reasons why i switched to N26
I reached the spend limit in Revolut and lifting 3 times was pain in the ass, and finally i was too bored to do that again.
I need more than 200€ of cash every month.
Which is better?
If I could choose only one, i would choose N26 just because of the withdrawal. In general having both is good option and sometimes convenience especially if that card is dominant card in your country – so you can send money easy for your nanny or split the bills with friends.
Thailand, Malaysia (Russia and Ukraine)
Revolut puts a Markup on those currencies (THB, MYR, RUR) for purchases and ATM. So if you travel to those countries – definitely get the N26. N26 ads only 1.7% markup for ATM transactions, but with N26 black card this is 0%. (if you take 4k € / year in one of those countries, the cost of the Black card pays off. Not to mention other perks such as insurance)
Bondora. I did not make additional deposits to Bondora, but I have reinvested profit to #strategy3 High Risk loans. 157 loans for 2148€. Average return 78%. My total size of #strategy3 is 3428€ in almost 300 loans. Only 48 of them defaulted bringing 550€ of loss. My strategy works. Isn’t it ? 🙂 (net return on dashboard 10.2%)
Mintos. Less than 1% of bad debt – actually 0,16%. 12.95% return. During this period Mintos added new new loan originators from Bulgaria, Botswana and Czech Republic. I think i will ad 3k: 1k to each new country/originator. *mintos review
Twino. Their system is fucked up. I see 927€ cash idle. Trying to find loans – have one match. Return 11.99%
I have invested in Billion To One a startup that is trying to make prenatal testing easy/cheap and safe. Even though i stopped my first ”fund” of startups, I have chosen to invest in this particular one because i believe and support their mission:
Our mission is to make prenatal diagnostics safe and affordable for all.
If there will be 1% advance in prenatal testing made and i will lose all my investment – I will be happy with the outcome
I will not invest in pre-ico, because it is pure gambling, but i do not say that i will not invest in ico or after ico, when the valuation of company is in range of 10-25M
Very unprofessional video for a company that claims making 2M of profits per year currently. Antanas Guoga TonyG a very charismatic person, public figure and good speaker this time seems like speaking so difficult to understand for the beginners or the pros. And the interviewer from the marketing reading from the A4 pages looks like unprepared school girl.
TenX hit 0.5 billion valuation today. Insane. I already wrote that TenX is overvalued when it had 80M valuation, but current valuation is Insane for the company that does not have a product yet. And why does TenX have 10-15x higher valuation than Mona.co or Tokencard?
And what i used miss all the time that real valuation is almost 2x, because not all the coins are circulating and current market capitalization is counted only with circulating coins.
Everybody agrees that the crisis or correction will come. I can not disagree with that. My idea is that investing (dollar cost averaging) should be more beneficial (Schwab study) than waiting for the crisis to come. It may come but it may be very short and recover very fast. Technically we are in second longest bull market not affected by recession. But the bear market of 1987 was only 3 months.
1987 August 21 the highest was 335.90
1987 December 4 the lowest was 223.92 (33% fall). From that moment The bull market started again.
1989 July 21 it crossed the 335.90 again
Conclusion: timing market is not a good idea.
Prediction: no one knows if crisis will come this year or in next 10 years. And for the reason that there is hugeanticipation that the crisis is near, for that reason I would bet that it might not come soon. Reason #2 is that people still remember 2008. Reason #3 People have too much cash and moderate debt (look at the insane ICOs)
Last week i have posted all of my defaulted loans on secondary market with a 50% discount. None of them moved out for few days. So i raised the discount to 75% and 78 loans were sold. 85% of them were estonian loans. Only 3 HR Spanish loans.
177 defaulted loans left with total principal of 7404€. My profit in the dashboard is 2845€ with net return 10.55%, by my historical portfolio 8.24% and total portfolio 5.3%.
strategy #3. total default 24 loans. Total purchased 242.
Farmcrowdy provides Nigeria’s smallholder farmers with an alternative means to acquire financing to expand or improve their farms by providing them with access to micro-insurance, investors, and buyers. Farmcrowdy’s platform allows potential investors to find farms or crops to invest in and provides them with real-time updates to follow their investments to fruition. Farmcrowdy has a ready market for all supported farm projects and typically presents farm investors with a 15-24% return on investment in 4-12 months.