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As mentioned before, one of the things that EVERYONE experiences when they come into crypto is the ever looming shadow of REGRET . Sometimes it seems that no matter what you do, you'll end up regretting. There is only one optimal solution, and there's infinite number of ways to do things sub-optimally and feel that regret. Recently, I've been selling a small cap coin that I had bought several months ago. For illustration purposes, I'd be simplifying some numbers, but the percentages are about there. I bought into a small cap with 5 ETH a few months ago. Today, when I'm selling it, I'm only getting back 3 ETH. Crypto twitter OGs will tell you that BOY YOU ARE RETARDED JUST LOST 2 ETH . Which, mathematically, it is true. If you started with 5 ETH a few months ago and now you have 3 ETH, you just lost 2 ETH and made a loss of 40% in ETH. But here's a catch. You need to have started with 5 ETH as your base. I didn't. I only had SGD and I specifically bought ...

Remember last week? Refresher - I bought into these at these prices: AION @ $4.51 ETH @ $952 SNM @ $0.301 Price right now, just over a week later? AION - $5.15 ETH - $1165 SNM - $0.348 My 1 week profit if I sell it all now? AION - 14.2% ETH -  22.4% SNM -  15.6% My personal takeaway from this real-life exercise with real money? Scared money don't make money. In my opinion, these are all long term positions and I'm happy buying them extremely cheap. I can sell now and realize ridiculous profits in just a week, but I'm going to keep on holding it for now. In fact, I'll probably still be adding some positions in the future when they dip again. What's the worst that could happen? Just lose all my money lor.

It's simple. It's broken up into 4 sections so you can take a break if you can't focus for more than 1 minute at a time. It's has an elaboration panel in case you want to find out more, though the basic is all that is necessary. If you don't understand how Bitcoins work and why they can be / are superior to fiat currencies after this,  then you really cannot be saved . So I present to you:  the most fantastic dumbed down explanation of Bitcoin ever . Bitcoin as money is just revolutionary.  While many people like to focus on the anonymous aspect of it (which they are totally wrong, because Bitcoin is only pseudo-anonymous), I think the most nascent point about Bitcoin that people are slowly beginning to appreciate is that there is decentralized control over it's supply . And why is that important? You can ask Zimbabwe or Venezuela.  Do I trust the blockchain more than my own government? Yes, I do. Not because my government might be bad.  But because the blockch...

All right guys, for this post we'll take a break from my usual 200% daily dosage of concentrated sarcasm that I normally inject into my posts and talk about something really serious: Losing money in crypto. Everyone loves talking about how much money they made, so there is a bias of the kind of content that you are exposed to. I'm sure you have not seen the dark side of crypto. Brother kills himself over Bitcoin Trader loses 200 BTCs (~$3 million SGD) in a month Confido ICO Exit Scams with $375,000 USD and more from dumping the tokens Benebit ICO Exit Scams with at least $2.7 million USD using fake photos of their team Edit: Just after this post went live, news of Japanese exchange Coincheck getting hacked and losing ~$750M USD is making its round. Crypto IS dangerous. And there are many stories. Those 4 are just the recent examples that I can recall and find the link to. There are so many more and they are all sad stories to hear. The first 2 is just generally how crazy things...

On 20 Oct 2017, I wrote a post about an "EZ" crypto portfolio . In it, I outlined 4 portfolios that would be theoretically invested with $10,000 SGD. Portfolio 1: S&P500 ETF $SPY Portfolio 2: STI ETF $ES3 Portfolio 3: 50% Bitcoin, 50% Ethereum Portfolio 4: 25% Bitcoin, 75% Ethereum Remember, it was a $10,000 SGD initial investment with no frictional costs. How much are they worth on 20 Jan 2017, one quarter later? Adding in dividends, if any were paid, and using the current spot rate of about 1.305 USD/SGD against the historical price, let's see. Absolute value: Portfolio 1: $10,558.44  Portfolio 2: $10,650.88 Portfolio 3: $20,112.79 Portfolio 4: $22,549.81 Absolute Quarter Return: Portfolio 1: 5.58% Portfolio 2: 6.51% Portfolio 3: 201.13% Portfolio 4: 225.50% Annualized Return: Portfolio 1:  24.28% Portfolio 2:  28.69% Portfolio 3:  1536.40% Portfolio 4:  2485.66% Do note that the prices of both crypto had already come down from an even more ridiculous leve...

A stock bubble, HAHA. Is it too late to invest? :( $DJI pic.twitter.com/rBHYQlMCHJ — Beastlorion (@Beastlyorion) January 24, 2018 Weekly RSI for S&P 500 is now approaching 90. $SPY Stats guys pointing to positive momentum, saying it should produce more positive momentum. However, we haven't seen momentum, sentiment, valuations & number of up years in the row this strong since 1929. #AssetManagement pic.twitter.com/tPAhOFsQD8 — Tiho Brkan (@TihoBrkan) January 23, 2018 Just wondering — how many of these years had P/B above 3.5, P/S above 2.3, weekly RSI above 80, sentiment surveys breaking bullish records & were on a streak of 101 trading days with only a 1% decline, 395 days without 5% decline, 15 months up in the row & up 9 years in the row? — Tiho Brkan (@TihoBrkan) January 23, 2018 Good thing valuations don’t matter. Surpassing 2000 peak. pic.twitter.com/qxeuVsZyJq — Greg S., CFA (@GS_CapSF) January 24, 2018 i'm so old i actually remember what happpened ...

Seriously guys, look at me buy the dip. I know that you don't want to, because crypto is super expensive and it's all going to crash to zero later anyway once the governments start regulating and outlawing it, right? /s Maybe I'm crazy and crypto really is "crashing" ? Lol, probably not tho. Can it drop more? Yeah maybe, why not? I will probably be buying more if it does. Anyway, here's my knife catching today: And yes, 22 UTC is Singapore 6am. I wonder what happened the other time right after the dip. Oh, I remember now. In that post I said that I'm expecting BTC to drop 60% from ATHs. How deep was it last week? -54% is pretty darn close. It's an easy strategy. Your relatives, friends, corlicks are all trying to get their accounts open and verified to pump crypto. Are you scared? I'm not. Scared money don't make money. PSA: Cryptos dangerous af. If you don't believe me,  register at Binance to lose money really quick playing with alts. Lo...

Source: Of Two Minds I'm out.... of my trading precious metals positions! (exited at a slight profit, still holding onto my physical stacks in my safe) I'm now preparing  (keyword) to plow it all into crypto. I only hope the market stays horrible long enough for me to take up my positions in the cryptos that I am planning on scooping up. I decided to be a smug ass bitch and post this while we are "crashing" so all the skeptics will click on my post for that sweet sweet "I told you so" validation, but instead get trolled, AHAHAHA. By the way, remember my post I did on my portfolio in December ? I'm still higher than that after this "crash". Oh, and this is after I injected capital which would drag down my portfolio returns. How are my new positions doing even though I bought them so late? Fantastically well. Up between 70% and 220%. Within a damn month. After a pretty significant "crash". Lol, crypto is really the best. Guess we need c...

Source: Stonetoss Hehehe. Advice to readers: understand crypto before even considering buying it. I've heard way too many stories of noobs FOMOing into crypto and made a quick buck and thought they were invincible but are now being totally destroyed by the market (as expected btw). I'm sad to hear that some people still think crypto is all gambling and speculation. Then again, seeing how most of the new people seriously approach it like gamblers with their only 2 criteria for crypto selection being Hope and Luck, I can somewhat understand why. But that is also where "experts" have made the mistake thinking that your common uncle Ah Huat is the main market mover in crypto. (Psssssssssssst fyi, it's not, lol) Oh well I guess I have to make all the money myself then. Thanks Buffet. For crypto vets, just a friendly reminder: BTFD

This will probably rattle up the BTC maximalists, but whatever. This is just my opinion and I'm just a random guy on the internet. Not happy with my conclusion? Laugh at me when I become poor. I think many regulars readers know, I do not like Bitcoin very much. I own it because I have to, not because I want to. Bitcoin is the brand name that everyone knows and everyone talks about. Bitcoin is the gateway crypto that allows for fiat-crypto exchanges. Bitcoin is the base pair that allows for crypto-crypto exchanges. But that's about it. Bitcoin is slow. It takes ABOUT 10 minutes to confirm a transaction - if you pay the highest fees. Half the time it is even longer than that. Bitcoin is expensive. It costs about $15 USD to make a single transaction, unless you want to wait. The Bitcoin proof of work model ensures that Bitcoin will never be cheap and fast if it is popular. Same as all its bastard spawns, like Bitcoin Cash, Gold and even Litecoin. If this is the future of crypto, w...

These days, everything is a FUD or a shill. Talk positively about something? Shill. Talk negatively about something? FUD. The kids (literally) in crypto are too emotionally attached to some of their holdings. So screw it. I decided I can't save them all from buying into stupid shit. *COUGH RIPPLE COUGH* *COUGH TRONIX COUGH* *COUGH VERGE COUGH* And why should I? Do you know how much money I get from people NOT buying into any of them? Nothing. All I can hope is that they managed to get in early and sell before it (eventually) tanks. Ain't nobody said that you can only make money from good coins. I acknowledge that fact. Stupid shit can still make money. It's just not my style though. Good luck for you if it is yours. Based on CMC stats in fiat,  XRP is down 51% TRX is down 66% XVG is down 42% Rinse, repeat. Pump, dump. The cycle continues.

Am I shilling my own bags? Well, obviously if I'm actually owning them, I believe in them, right? A LOT of people have been asking me what I own and why, so here you go. I don't owe anyone an explanation for anything I own, but I'm willing to share what I own and why I think they are good investments. I classify myself as more of a fundamentalist and I really don't do much trading at all. Unlike most of the new people coming, I don't have the mentality of "Aiya, it's just $1000 play money, lose also nevermind". My picks are calculated bets that I feel have relatively low risks given the upsides that are still present (given the valuation at the time of writing). Feel free to disagree with me and avoid my shitcoins. Also feel free to have a different perspective and to explore deeper if any catch your fancy. 1. DigixDAO (DGD) DigixDAO is a governance token. The DAO owns 466,000 ETH , and with a fixed supply of 2 million DGD tokens, that means that eac...

I really have to post this. The amount of stupid rolling into cryptos is just frightening. You aren't scared to lose money? I don't know why I'm so concerned about random internet strangers losing money. Maybe deep down inside behind my sarcastic facade, I'm actually a nice guy? Who knows. But come on now you retards, you can do better than this. This is the same thing even for stocks. When you evaluate something, what's more important, market cap or unit price? Just as a refresher, Market Cap = Unit Price X Total Units Yes, it's a very complicated formula. I hope you passed Primary 2, or else you might not do well in crypto. Here in crypto, we set the bar really high , I know. If you read my previous post , you'd notice a VERY important chart. Yes, I also post important graphics, not just gifs to mock people. For the people reading just this article, I have attached the chart for your lazy viewing pleasure. What does this mean? This means that everyone is b...

Bought crypto in 2017? Congrats fellow crypto OG on being a verified early adopter. THARMS UP MAN. Buying crypto in 2018? HERD SHEEP FOMO NOOB, get rekt beech! Proof of herd? This . The herd is coming in and buying everything with a face value of under $10, especially things below $1. Madness. Who cares about circulating supply or market cap? Price is the most important thing, right? The next time someone says that the "price is cheap, so it's a better buy", I'm going to shit myself instantly on the spot. I cannot tell you the number of times people told me that they can't buy a crypto because "it's so expensive". *COUGH COUGH COUGH DGD COUGH COUGH COUGH* Anyway, we already knew that this would happen. Just a PSA and FYI, the herd is already here, and half of them are STILL stuck at registration and verification at exchanges. I know someone that has already been waiting 2.5 weeks to be verified. And that was before the alt-coin FOMO boomz and we are...

With 2017 just over, I thought I'd dig up some old posts which I still find relevant about crypto which should answer the questions that a lot of people have and that I hear all the time. Is Bitcoin in a bubble? Am I too late? What if I invested in Bitcoin for the last 7 years? Why is blockchain important and will be massive Terminology clarifications Why crypto will make me richer than bankers The "fairness" on why early adopters should and will be insanely rich Analogue Bitcoin vs Digital Gold My Crypto Starter Pack v2.0 Why ICOs are here to stay and are not all that bad Why I sold everything and went all-in Crypto The best Bitcoin transaction of 2017 Bitcoin crashed, crashes, and will keep on crashing - and that's okay How I see crypto panning out in the future Anyway, I hope you guys enjoy all these resources. After you've read through all of them and if you still have questions, please feel free to drop them in the comments and I'll try to answer it as I ...