facebook

Hey guys, With Binance SG finally live to purchase BTC, ETH and BNB with SGD, I thought that it's a good time for me to make a small portfolio to show you "normies" that this is all you need to capture most of the value in the crypto space. I'll be doing a DCA with a 40 / 40 / 20 split into the above coins through Binance SG. So yeah, I'll come back and talk about this from time to time. Few things to note: - need an Xfers account - fee is 0.8% - min purchase is $20 That means, with a 40/40/20 split you can theoretically do $100 a month since you can meet the minimum requirement of $20 per trade for the BNB trade. If you're aggressive of course you can scale up the amount more, or do the DCA more frequently. (I am NOT asking you to do any of that, nor copy me). Only problem about this portfolio of mine is that I already used my account to buy BTC to test out the platform earlier this month, and I'm already up +40% on that purchase lol. I'll probably ju...

Yield curves all around the globe are inverted right now. pic.twitter.com/enhlzLQzG6 — Michael A. Gayed, CFA (@leadlagreport) May 25, 2019 What is an Inverted Yield Curve? " Historically, inversions of the yield curve have preceded many of the U.S. recessions. Due to this historical correlation, the yield curve is often seen as an accurate forecast of the turning points of the business cycle. " When you lend money to the government for 30 years, you get back negative returns. Just let that sink into your brain for a bit. But don't mind me, I'm just a cuckoo crypto person.

I'll be quick, so less story and talk cock from me. In crypto, there are things called "Stablecoins". They are called stablecoins because, obviously, they are SUPPOSED to be stable to that thing that they are tracking. Why they exist. How they exist. Out of today's scope, please do own reading. Stablecoins exist in a lot of forms, but most commonly in USD. For USD, there are quite a few stablecoins. To name the top few: USDT TUSD USDC PAX SDUSD USDS DAI sUSD NUSD etc, etc. Now, with these stablecoins, you can earn anywhere between 6-15% APR on them. With no lock up. Interests are usually calculated daily. Why they can pay interest. How they can pay interest. Out of today's scope, please do own reading. But yes, the rate, is, ridiculous. I know, that's why I'm sharing it. Nexo does 6.5% APR for most stablecoins. Celsius does 7.1% non-compounded for a handful as well. Dapps like Nuo, dydx and Compound have floating rates between 6-15% APR. Okay, what's t...

" If you don’t understand how fiat money works, you’re not qualified to judge whether cryptocurrency will be successful or not, period. " And that's the gist of this article , which I fully agree. People that I've talked to that has pushed back hard against crypto will usually give the same arguments that people were already talking about in 2012. "Something so volatile cannot be money." "People will not use it." "Governments will not allow it." Tell this to anyone who is deeply involved in crypto right now, they'd probably snort. Most people cannot understand the concept of money, and worse, confuse and think that FIAT money is the definition of money. The reason why most people are not convinced by cryptocurrency is simply because they are either accidentally or willfully ignorant about fiat money. You're telling me that they are actually people that exist who understand fractional reserve banking, debt, what is fiat money and ...

Makes you wonder, doesn't it? At 0%, Bitcoin has a higher yield than government bonds in 18 countries whose central banks are attempting to debase their currencies and inflate asset prices. In unrelated news, Bitcoin is up 112% year-to-date. $BTC pic.twitter.com/p2NhtOkZ5y — Charlie Bilello (@charliebilello) May 13, 2019

Hello my intelligent and astute readers of my dying blog. I hope those of you that follow my twitter are amused but also educated by the content that I pump out. Anyway, just want to say, wew look at crypto. woke up this morning and looked at the charts Dec 18 hella looks like the bottom to me, so i decided to buy a boat load of ETH how much? well let's just say with that purchase alone, i could run **a few** staking validators pic.twitter.com/dHcbKNPGBm — 찌 G じ (@DegenSpartan) February 3, 2019 For context of those tweet above, see the chart below. I roughly bought in at $104 in Feb and now we're sitting at $195. Quick math gives you 87% ROI in slightly over 3 months. Well of course anything that pumps so hard and so fast is probably due for a pullback. But then again, this is crypto, which is coming out of a year long -90% bear market, works on an accelerated timeline, 24/7, with margin traders. Before you know it, the pullback is already bought and we're making the next ...