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Step 1 Don't read articles by this egotistical blogger like this one warning about shitty ICOs . Step 2 Choose a project based on amount of bonus tokens. Only the best of the best projects give bonus tokens. More bonus, more betterer, right? The betterest, I believe. Step 3 Make sure that the CEO of this tech company and blockchain project actually doesn't understand technology by ensuring his last LinkedIn activity was 4 years ago and his last twitter activity was 3 months ago. Step 4 Confirm that the project is - targeting a very niche segment of users - who will not pay for any services This is to ensures minimum revenue, cashflow and profits. Step 6 Skip the whitepaper, except the part on the token's lack of utility. This is important because if the token is actually not redundant, it might have value . Step 7 If possible, join a pool. Pooling is the best because it means that every single plebian can get the maximum bonus at the lowest price. Then you can dump on all t...

Why? This whole damn post , that's why. You can either go, "Meh, stupid blog post with a link to another article. I'm not going to read it." Or you can click it, read it, and then later go, "Oh shit, HOW DO I INVEST IN THIS?" . Sometimes I don't know what it would take to get people convinced that this whole cypto hocus pocus tulip nonsense thing is here to stay. A lot of people don't realize that we are STILL in extremely early stages of crypto technology. What can crypto be used for, today, right now? Speculating, pretty much that's it. But use cases and applications are being built out right now and when they are ready for mainstream adoptions, it's gonna be huge. What was smartphones 15 years ago? Nothing. Can you even go 15 minutes without looking at your smartphone today? You might even be reading this post off your smartphone! I feel a lot of people in the space now are super overestimating the actual usage and utility of crypto right ...

Government running out of money? JUST PRINT MORE. Seriously, what could possibly go wrong? Wait, GMGH, are you being sarcastic? I'm so confused right now.

Aites guys, here it is, my declaration of love. Havven is currently the project that I am most excited about in the crypto space right now. There are A LOT A LOT A LOTTTTT of critics of stablecoins, but meh. I've read their opinions and views. I don't agree with most of them. So here I am, swimming against the tide again. As usual. So what is Havven? Crypto Lark, one of my favourite, no bullshit YouTuber, talks to Havven's founder, Kain in this interview below. If you remember one of my previous articles about the crypto path to trillions , I linked Multicoin Capital Kyle Sumani's article which mentioned that one of the possible paths is through stablecoins (the other two being Store of Value and Utility). Again, like I said, stablecoins have LOTS of very vocal critics. But I am no fool, so I've done my own readings. Reading 1 - Multicoin Capital's "An Overview of Stablecoins" Reading 2 - Haseeb Qureshi's "Stablecoins: Designing a price-stabl...

So Hyflux has applied to the High Court to stop creditors from seizing their assets , in other words, bankruptcy protection. Who would've known, right? How terribly surprising and shocking news that just appeared out of nowhere. I am sure no one saw this coming, at all, from years away. /s I've been perpetually shitting on Hyflux since 2016 until recently . Why are people so in love with Hyflux? Because of the high yield they pay out? From your own capital that you supplied to them? Kek. Hyflux share price when I talked about it in 2016: $0.528 Hyflux share price when last traded: $0.210 Dividends since then: $0.0045 Total Return:  -59.4% Hyflux preference share price when I talked about it in 2016: $99.80 Hyflux preference share price when last traded: $65.37 Payouts since then: $12 Total Return: -22.5% Hyflux perpetual bond price when I talked about it in 2016: $1.00 Hyflux perpetual bond price when last traded: $0.500 Payouts since then: $0.09 Total Return:  -41....

China's Ministry of Industry and Information Technology. It sounds fake, ikr, lol. But whatever, that's the news I came across. I'm just sharing it. My Chinese sucks, so you guys can go check the original sources for yourselves. (Source 1 , 2 , 3 ) I mean, it's published out on the SCMP , so it seems legit, haha. This is probably the best 3rd party summary of the news though. 4/ Detailed scores of the first crypto ratings by CCID Research, China's Ministry of Industry & Information Technology pic.twitter.com/7LiJIWokge — cnLedger [Not giving away ETH] (@cnLedger) May 17, 2018 Long story short? Buy Ethereum, lol. Anyway, I just found it interesting how so many governments and corporations are looking positively into cryptos. It seems that the places with intelligent people are no longer refusing to acknowledge it or calling them outright scams. Good for the long run I suppose.

  Great podcast for anyone interested in crypto. Mike Novo gives a pretty toned down and less extreme view on the future of crypto and how things can play out with relation to the status quo now. IMO, the best stablecoin has already been conceptualized and will be going live in about 3 weeks. I might be wrong, but I don't think any fiat-collateralized stablecoin could ever work, without a government guarantee over that coin. Anyway, I'm just glad to be in before the full institutional and main street money FOMO pumps everything crazily. You think Dec 17 / Jan 18 was retail FOMO? You ain't seen nothing yet.

Yesterday's post didn't give you a hard-on?  (You ought to read that first). Maybe today's will. "J'etais néophyte il y a un an, mais à present, je me suis pris de passion. Mais cela m'a pris un an. Faisons preuve de bcp de pédagogie avec nos concitoyens pour faire de la France la première place d'innovation Blockchain/cryptos en UE" @BrunoLeMaire ce matin. Il se passe qch! — Alex Stachtchenko (@StachAlex) May 15, 2018 WTF am I looking at again GMGH? You're looking at the French Finance Minister admit that he was skeptical about crypto a year about, but after understanding it, he's hot for it and wants to make France crypto friendly . Ain't that interesting? Over in Russia, Sberbank just did their first blockchain based commercial bond transaction - something that Singapore's Project Ubin is trying to do in their Phase 3 . The infamous JP Morgan whose Jamie Dimon has shat on crypto publicly, now has a platform that uses blockchain te...

GMGH, wtf am I looking at? You're looking at the official statement by Nomura Bank in Japan to have a crypto custody solution for institutional investors. Which comes after Coinbase announcing their own suite of institutional products . Which comes after the NYSE planning to allow institutional investors to buy and hold bitcoin . Which comes after Goldman Sachs announcing they are going to open a Bitcoin trading desk . Facking tulips ponzi virus is getting spread all over the world. THESE GOVERNMENTS AND BANKS AND COMPANIES AND INSTITUTIONAL INVESTORS NEED TO KNOW ASAP THAT CRYPTOCURRENCY IS WORTHLESS RAT POISON TURDS . Some people, when faced with certain amount of evidence, are able to change their previous stance. So, what are you gonna do? If you are undecided, just check back here once in a while and see how things goes for me. No pressure. No stress. No risk. Just sit back, relax and watch me get rekt or rich.

I saw this article, and I was pretty amazed. A couple divorced so that they could get another HDB and rent out their existing one. Heh. The loopholes in our system are so big and open to exploit if you don't mind to play the system. Let me help you weigh the pros and cons since we are both intelligent creatures of reason: Cons: - No longer married on paper, boo hoo hoo oh how tragic and sad Pros: - You can get another HDB so you can rent out your previous one Sure, there's like spousal rights and privileges that they give up, but, meh. Trivial. --------------------------------------------------------------------------------------- I still maintain that "marriage" is just a status. You don't become more loving, loyal, faithful and kind to your spouse the second after you sign the piece of paper. It's all in your head. Perhaps some people need some arbitrary authority to mandate to them "proper" things that they should do when they love someone, and ...

Remember when Argentina sold $2.75b of 100 year bonds? I do. Because I wrote about how stupid of an investment that would be. If we aren't at the cusp of madness yet, I am more than willing to be entertained to see what will top this insanity. You don't need to trust me to know that this is not going to end well. - GMGH, Jun 17 Source: Bloomberg Yes, let's lend money to this incompetent government for a hundred years that has defaulted MULTIPLE times in the last hundred years. SURELY they will not default this time, again, amirite? "but but but but but but governments bonds are safe investments!!!". LAWL. Say it with me now. Bonds are safe. Cryptocurrency is risky. Now, 100 more times! With more gusto! Like you actually believe it!  Good job, the masters would be pleased with you.

Title: The Banks = The Rats Medium: Rat poison and acrylic on foam core Location: Berkshire Hathaway NYC office #cryptoart #bitcoinart pic.twitter.com/ZyMOG4HedY — cryptograffiti (@cryptograffiti) May 13, 2018 If you follow the QR code by this brilliant artist, it does NOT lead you to a donation address. It leads you to this image : Which shows you that BRK is owning $66.3 billion worth of bank stocks. I wonder why Buffet hates Bitcoin? Damn, I just can't figure out. The reason just escapes me. For someone like me with subpar IQ and a degen mindset, it's probably beyond me the genius thinking that goes on in the mind of a legend like Buffet. Oh, by the way, did you know you can transfer Bitcoin to anyone, anywhere in the world, anytime, pseudo-anonymously with no need for a bank account, verification, permission or approval? For an average transaction, it costs $0.60 if you need it sent within 10 minutes. It costs $0.03 if you don't mind that it takes a day. This fella s...

Buffet on Bitcoin , "probably rat poison squared." Munger on Bitcoin , "Disgusting" "Stupid" "Immoral" "Turds". Gates on Bitcoin , "Pure greater fool theory type of investment" and "would short it". Warren worshipers, now is the best time to show them how much you trust them and have learnt from them. Do what your subconscious Buffet ball-holding inner self is telling you to do. Short Bitcoin. Yes, you can actually short Bitcoin using the CBOE futures contract , if you were not aware that legitimate financial products for Bitcoin now exisits. And this is on top of all the CFDs available. Put your money where your mouth is at. You know what they say: No guts, no glory. No brain, same story. Come and trade against me. Profit from my arrogance and delusion.  What are you waiting for? A red carpet?  All these people saying that Bitcoin is stupidly valued and will definitely be worthless - as it rightfully should - but wi...

Recently listed #ICO 's have been performing well. Go to our WhiteList page and never miss the next gem! https://t.co/YUBuUT7eoN pic.twitter.com/Y2SFY8zpmP — ICO Drops (@ICODrops) May 2, 2018 I'm not saying to do crypto, I'm just pointing out something that seems rather obvious to me. In all investments, unless there is some magical explicit guarantee, the maximum loss is 100%. Generally speaking, the "lower risk" an investment has, the "lower returns" it would give. Ie. a bond that will be redeemed at 100 face value won't trade too low below this number, but returns won't be high either. Well, assuming of course if the borrower can pay back the bond. Bonds are rather binary in nature, imo. If they can be paid back, they will stick around face value. And if not, they are pretty worthless. You don't get the smooth downward trend that you see in equities. Anyway, I don't want to explain too much. This isn't rocket science. The risk/r...

The Bank of Japan, as of last October, owned 74% of the total volume of the ETFs trading on the Nikkei. Now that number is up to 80% Printing money to buy assets = monetary fraud... pic.twitter.com/U2I1FQOMxx — Gold Telegraph (@GoldTelegraph_) April 28, 2018 What happens with the BOJ owns 99% of all ETFs? Ah, who cares? All governments should be printing more money to buy up all financial assets! Surely this makes a lot of sense somehow! 1000000000% stock returns for everybody! I can't believe no one else has thought of this. People are so stupid. I'm a goddamn genius, I tell ya.

From 1st Apr to 31th Apr, my crypto portfolio went up 48.8% . To be honest, +48% in Apr is rather weak. Most other players in the space would've probably seen much larger gains during this same period. But then again, I did outperform during the crash , so it makes sense for my portfolio to bounce back less during the recovery. And yes, throughout this massive crash, not even for a second did my portfolio go close to touching my capital value. For most part of it, I was comfortably coasting in the triple digit % profits . However, on the bloodiest day itself, I saw my % profit dip to levels not seen in quite a while. That was the sign for me. I leveraged in . That leverage position is doing extremely well. If I close that position right now, I'll be pocketing 5 digits profits. But I'm both greedy and extremely confident that the worst is over - at least to those levels that we saw right at the start of the month. I'm going to keep my leveraged position open, and perhaps...

Don't you just hate it when crypto just keeps going up and up and up and you can't get a good entry for a new position? And you just have to end up hodling your fiat? Yeah, me too. It's tragic.

Aites, this is me, back in Nov 17: The stock market is a ridiculous shit show for the last few years that I had been forced to play with. I hated playing it, but there was no other game in town.... that I knew of.   Insane valuations for so many stupid companies. SNAP FREAKING CHAT ? TWITTER? GO "CAMERA ON A STIK" PRO ? I can't even. It's an insult to my intelligence. The whole US stock market is an entire joke.   - GMGH Nov 17   How's things going now? To be fair, Twitter is chugging along fine. I've always hated camera-on-a-stik for quite a while already though, posting this as far back as Nov 2015 . It's so stupid, I can't even. Just millennials that own a Gopro buying into their stock with their salary thinking that they are now savvy since they invest. Meh. Looks tasty? I don't know, could go up I suppose, but the fundamentals are weak af.  Be careful buying dips, or else you just might end up - NOBLED . Haha. The joke is even funnier when you...