Blog Archive: March 2023

Spring Break in Latvia

| Travel guides | 21 seen

Embedded thumbnail for Spring Break in Latvia

If you're looking for a unique and unforgettable Spring Break experience, Latvia might just be the perfect destination for you. With its rich history, breathtaking landscapes, and lively cities, Latvia offers a one-of-a-kind vacation that will leave you with memories to last a lifetime.

One of the highlights of any trip to Latvia is exploring the western part of the country, which is known for its stunning natural scenery and outdoor activities. Whether you're interested in hiking, fishing, or simply taking in the beautiful views, the western region of Latvia has plenty to offer.

One adventure you won't want to miss is screwing in a screw pile. This may sound like an odd activity, but it's actually a popular way to build houses and other structures in Latvia. It involves using a large screw to anchor a foundation in the ground, and it's surprisingly fun to do.

Of course, not every adventure goes according to plan, and you might find yourself stuck in mud up to your ears at some point. But even when things don't go as expected, Latvia has a way of turning mishaps into memorable experiences.

And speaking of memorable experiences, one thing you…


Mansard Waterfall Rumbas Guest House in Kuldīga

| Hotel reviews | 12 seen

Located in Kuldīga, Rumbas has accommodations with city views, free WiFi, and free private parking. The property has river and garden views, plus is a 5-minute walk from the Art gallery of Artists Residence. 

The property is located next to the Venta Rapid and the old brick bridge of Kuldīga

We booked a nice 3-bedroom apartment for a 3-night stay at the end of March 2023 and paid about EUR 390. we just needed a nice place to stay while I was figuring out how to install ground screws and build the frame for our Summer cottage in some 30km distance from Kuldīga.

In total, we had 3 bedrooms, 1 master, and two guest bedrooms, with a large shared kitchen with nice views towards the Old Brick bridge of Kuldīga.

Brick bridge in Kuldīga over the river of Venta according to some sources is the longest of its kind bridge in Europe.

Apartments are located on the second floor. 

The apartment is equipped with 3 bedrooms, a fully equipped kitchen with a fridge and an oven, and 1 bathroom with a shower and free toiletries. Towels and bed linen are available in the apartment.

By the way, The Venta rapid forms the…


The Cost-Saving Way to Build a Frame House in Latvia: Our DIY Project (Screw Foundation Piles)

| Frame House | 189 seen

Welcome to another interesting blog topic series - Frame house, where I'm going to share almost in real-time our endeavors of building a small 60m2 1-storey holiday house in Latvia. 

I decided to build it myself as much as I can, hiring only local people to help with lifting, digging and similar work.

The labor cost and services can add a lot, especially in Latvia.

For the below described works I spent about EUR 2,000 and two days in March 2023, while firms were asking me EUR 4,000 only for just installing grounds crews. There was one company offering to build me such a house for EUR 80,000. When I asked what is the reason for the price? The answer was classic - everything is expensive, inflation, quality construction materials etc. By the way, I bought the same highest quality C24 wood material for this construction site, which the company was saying now cost very expensive. Truth is - it doesn't!

Anyhow, without further ado:

Overall it took us about 2 years of pre-preparation works, owning land, and having electricity on it. Last, but not least we got a building…


TerraM Crypto Hedge Fund Portfolio February 2023

| Investments | 32 seen

On December 2022, we minted 10,000 TerraM coins on the Solana network with an aim to raise $10,000 capital for options trades on Ethereum via the Deribit trading platform.

We are struggling of raising the capital, with myself still being the largest seed investor in the project yet. When launching the project I was somehow more optimistic and thought by this time of the year we will be, if not already fully funded, then at least halfway there. Not so easy.

No matter that, from the existing funds invested, the TerraM crypto hedge fund grow more than 16% month over month, reaching a total value of $1,631.28 at the end of February 2023. 

From the closed option trades with Ethereum on the Deribit trading platform last month, we were able to book 0.0673 ETH / $111.58 USD profit.

Profit was distributed in form of additional TerraM coins to the token holders from the TerraM token address with balances larger than 20 TerraM. Any uninvested token profit was kept on the Deribit trading platform to increase buying power.

When losing a trade, we try to roll it out for a profit,…