Onyx Collective Investment Company

04/01/2025

This past week, I had the honor and privilege of being interviewed by William Wallace from OCIC. We had a far-reaching conversation on community investing, which was a great conversation—hopefully one of many.

Vol. 1 of an in-depth conversation on philosophy between Onyx Community Investment Company's William Wallace and economist Ty Devereaux.

11/29/2022

This week not be the last crypto company to fall before years end.

BlockFi was one of the companies that FTX bailed out in recent months. Now it's a clear sign that contagion from FTX's collapse is spreading throughout the crypto industry.

08/03/2022

..."Mr. Saylor will have to pay the proverbial piper."

Chickens have come home to roost. The writing was on the wall.

https://www.theverge.com/2022/8/2/23289397/michael-saylor-bitcoin-microstrategy-ceo-steps-down

Chairman & Chief Executive Officer

06/15/2022

Bitcoin is going to crash. That is statement that should shock no one. With the Crypto correcting going on, it's not hard to imagine a world where Bitcoin is worth less than $20k. That's where our story really begins.

You see, Microstrategy CEO Michael J. Saylor is a huge pro-Bitcoin guy. In fact, he is so bullish on Bitcoin, that he bet $4B against his $2.5B company. For clarity's sake, I'm saying Mr. Saylor is leveraged $1.5B more into Bitcoin than the entire market cap of his company.

At some point, the leverage will collapse and Mr. Saylor will have to pay the proverbial piper. I am estimating that point will be at some number not far below $20k for Bitcoin. We are fast approaching that number!

The problem here isn't one man's belief in Bitcoin. The problem is, that his de-leveraging will cause shockwaves through the Crypto markets. When he's forced to sell all of his Bitcoin to cover debt (and eventually his entire company) the price of Bitcoin will plummet further, so from approximately $20k, Bitcoin will enter a death spiral.

Again, Bitcoin is going to crash. The one person that knows precisely when, is Michael J. Saylor.

Chairman & Chief Executive Officer

12/18/2020

From our sister company. Check it out!

11/24/2020

We are currently seeking 3 Apprentice for the following positions:

-Business Analyst
-Business Administrator
-Marketing Manager

These are not paid positions, however, they can lead to permanent positions with company. There will be stipends for travel, cell phone and the use of an office, office phone and other amenities. If you are interested please email your resume and cover letter to [email protected]

10/28/2020

The number 1 question I am asked about what the average person can do to grow wealth for their communities:

My Answer:

I think we focus way too much on the esoteric. We make things too difficult. We keep looking for this magic bullet, when we really have all the tools we need to succeed right here in front of of us. We continually look to the past for a way out, when the door before us is wide open! We search and search and search for a teacher for lessons already taught. All we need to do...is do.

-Ty Devereaux

03/05/2018

*This is not a solicitation for information purposes only*

I hesitated mightily before writing this. Let's face it, Black people have a unique sense of mistrust for other Blacks when it comes to matters of money.

For years, I have been investing and managing money for high net worth individuals via mergers and acquisitions; leverage buy outs; real estate flips and holds or any other number of wealth creation techniques. None of these individuals have been African American. Not even my own family members... well, until recently.

There is so much that I have learned and I have parsed out this information to individuals in a very haphazard manner. Today I am announcing that I now have a way for speak directly to peoples biggest questions regarding; Real Estate, Personal Credit, Business Credit, Crypto Currency, Group Economics, Basic Lending and Investment Strategies.

What I have learned over the years is that "so-called" gurus faithfully give you the very basics of a topic and then expect you to figure out the rest. At every juncture they expect more and more money to give you portions of the answers and never tell you the how's. The message then is, if you aren't successful with their technique (they supposedly have other students who are rich) then you must not of have worked hard enough. This is the case in every field there is a "guru". I am not a guru, I am not a so-called expert. What I don't know, I promise I'll help you find the answer. Here's a hint: The answer is never "No money down" or "No credit needed". You will spend a lifetime looking to get something for nothing.

Real Estate- I will answer all of your questions surrounding fix and flips, buy and holds, purchasing notes, purchasing tax liens, development and estate planning.

Personal Credit- I will help you understand the 84 ways to lower your credit and the 4 ways to raise it, debt ratios, utilization, when to apply for credit and the algorithm used by the Big 3 credit agencies.

Business Credit- Why you should be using business credit daily, how to build out your corporation and gain business credit, where your business credit can take you that your personal credit never can and how you are being tricked into declaring personal bankruptcy.

Crypto Currency- What is Bitcoin? What is Blockchain Technology, How many types of Crypto exist? Where can I use Crypto? All these questions and many more will be answered for you.

Group Economics- Just how much money is in the African American community? How can we leverage it? What has worked in the past and what have learned?

Basic Lending- The principles for lending have been the same for the better part of 250 years. Lending is based on the 3 C's; Character, Credit and Collateral. I will teach you how to enhance and bolster each of these and make yourself attractive to any traditional lender as well as hard money lenders, factoring outfits, alternative lending sources up to hedge funds and private equity groups.

Investment Strategies- I get more questions about stocks and bonds than anything other investment strategy. However, I think most people should not be thinking about a stock until they have at least $300K in the bank. Most of us should be focused on purchasing our first property, purchasing a business in our community, learning how to leverage our money and understanding how money moves throughout our general environment. I will give you a basic understanding of these concepts and principles as well as many others.

After years of development, I am hoping that my errors and missteps over the years, my successes and triumphs can help people get at least a basic understanding of the investment world we live in. This is purely for informational purposes and not meant to supersede your financial adviser or legal counsel. A few days from now, you will receive a link to my new youtube channel, podcast and live radio shows, all brought to you by Onyx Community Investment Company and Wolf Pack Publishing.

Feel free to contact me: facebook@Onyxcommunityinvestmentcompany, Linkedin or by email: [email protected]

*This is not a Solicitation and for information purposes only*

12/22/2017

Although a correction was certain to happen, 16% drops in a few hours is a bit shocking. Especially since other cryptocurrencies seemed to be effected simultaneously. This could be a Christmas re-balancing or the market could be reacting to a few factors. At any rate, it would be smart of any would be speculators to consider their entry point and come to grips with their current loss/gain. Happy Investing!

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11/28/2017

The difference between bubbles and spikes:

You may have noticed in the last few weeks you have been paying more at the pump. You may have asked yourself what gives? In short, Oil producing countries have decided to cut back on oil production. That has driven the price of a barrel of oil from $48 a few weeks ago to today's cost of $63 bbl (Brent Crude oil). Speculators have awaited this increase and OPEC (Organization of Petroleum Exporting Countries) and Russia (Not a member of OPEC) have colluded to make sure this increase holds for 2 reasons:

1. The increase means more profit for OPEC and RUSSIA
2. A sustained but controlled increase keeps America from producing oil and therefore lowering the price.

The wild card has been and will continue to be Russia, because they have no vested interested in making sure OPEC turns a profit and only is now its biggest export and money maker. Every step closer to $70 a bbl oil, the sleeping giant known as the Bakken oil fields in the Dakotas of Northwest USA awakens. The Dakota oil fields can't really survive in an environment of sub $50 a bbl oil prices. However, was the sense is that oil will have a sustained rally, they will begin pumping and with it they will flood the market with cheap, readily accessible petro.

According to Tsvetana Paraskova, an Oil Trader and Analyst, "Russian oil firms are said to be balking at a further extension, arguing that their production restrictions are only benefiting others while Russian companies have to cut back from new projects in which they have heavily invested"

In addition, Nidhi Verma just reported thru Reuters and Bloomberg that, Oil output from Russia’s Far Eastern Sakhalin-1 project is set to rise by about a quarter from January, sources with knowledge of the plan said, signaling Moscow may find it hard to comply with output cuts in tandem with OPEC for the whole of next year.

What does all this mean for the average American (Investor or not). There will be some volatility in the market. You can expect the rise and fall of gas prices at the pump and heating bills will be a bit erratic. Specifically for the Investor, this means there will be enough movement for you to make money on the spread, something we have waited on for nearly 4 years!

11/28/2016

The new economy is not about innovation, but how to stifle innovation so that it does not affect bigger businesses. We often hear the word "disrupter" or the phrases like "Shaking up an industry". In the past, that has always meant creating a new industry or goods and services that cater to a specific industry. Today, those words mean being a big enough thorn in an industries side that they will over-value your business and buy you out. That's not innovating and its certainly more irritating than disruptive. Ultimately, what all of these buy outs do is make relatively instant millionaires out of would be entrepreneurs and only serves to hurt the consumer. When the consumer is looking to get a great deal though the competitive nature of the market, what they inevitability get are the same products in a different package for the same price!

Say good bye to the idea of a Dollar Shave-

Unilever to buy Dollar Shave Club for $1 billion in challenge to P&G’s Gillette.

01/15/2016

The good people of Flint, MI could really use our help. The State of Michigan, specifically the Governor decided that the people of Flint did not need or deserve clean water. Well I think he is dead wrong. The citizens of Flint have suffered mightily from the decisions of this governor. Men, women and children will have life long issues as the result of lead poisoning, scores of people have been diagnosed with Legionnaires disease and 10 people have DIED.

We need to do something, we have to help. I'd like to try and get 4,000 cases of water to Flint. If you'd like to help, please donate. If you could donate one case ($3.99) that would help a family get through 3 days. Remember, these people can't even bathe in the water provided by the municipality. They can not cook with the water and most definitely can't drink it!

Please help! We all can.

Thank you

Our brothers and sisters in Flint, MI could really use our help. The State of Michigan, specifically the Governor decided that the people of Flint did not need or deserve clean water. Well I think he is dead wrong. The citizens of Flint have suffered mightily from the decisions of this governor....