Category: Got Money Got Honey

PSA: Consumer Alert for Cryptos

I think a good place to start for people interested in cryptos is this page on MoneySense.At first, I was slightly annoyed that it is in the same category of “Common Unregulated Schemes” such as Gold buy back programmes, land banking and forex trading …

"Ponzi" Scheme still profitable

My alleged investments into “ponzi” schemes have been working quite well lately.Even with the massive market crash of Aug where everything dropped 40-50%, my portfolio is still holding onto gains very strongly.Yes, this “ponzi” scheme has managed to su…

About all that "Bitcoin Crashing" News…

BITCOIN IS SO VOLATILE!IT CRASHES ALL THE TIME! DON’T BUY ANY BITCOINS!As gracefully put by @real_vijay and updated by me:Bitcoin CrashesJun 16: -41%Jan 17: -37%Mar 17: -31%May 17: -33%Jun 17: -39%Aug 17: -20%Sep 17: -38% (as of now)Bitcoin Prices30 Ju…

Crypto Ramblings Sep 17

I have been travelling and the crypto markets have been lit (by lit, I mean on fire and burning to the ground), so it has been hard for me to blog until now.I did make a quick post that there is a crypto GSS that was happening in early Sep, and no…

Crytpo GSS!

I’m travelling, so I’ll keep it brief.The crypto market felt very overheated. In 1 and a half months, Ethereum went from $140 to $400 and Bitcoin went from $1900 to $5000. It has just stopped it’s ridiculous ascent.Honestly, I felt that the gains have …

[SGX Portfolio] Final Update

This is my final update for my SGX portfolio that I feel I have been running quite successfully since March of 2014. Why?I just sold off almost everything, that’s why!Yup, pretty much everything.The only stocks I hold are Croesus, Saizen, Global Invest…

Reminder: Gold has better cashflow than bonds of these 13 countries

At 0%, Gold has a higher 2-year yield than 13 countries… pic.twitter.com/6Oj6GtGc1P

— Charlie Bilello (@charliebilello) August 28, 2017

As much as a crypto fanatic that I’ve recently been, one of my first true loves in Gold.

With Gold at $1320 and Silver at $17.40, I’ve got no complaints.

Hopefully looking at $24 silver in December, and of course, I hope gold is coming along for the ride. Let’s see how this goes.

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Off topic:

By the way, cryptos are heating uppp. At a $165b market cap right now, things are looking very precarious here. Although I’m balls in deep into crypto, I think people should already know by now that I’m at over 100% profits, so if the entire crypto market comes crashing down 50%, I would STILL be in profits.

Jumping into crypto is definitely not advisable unless you know what you’re doing, the risks that you are taking and can obviously bear the cost of losing it all.

Then again, people thought that Gold would keep falling in price until the only people bidding them up were jewellers and dentists. That never did happen, did it?

GMGH Crypto Blackbox Investing (Test Results)

As mentioned on 8 Aug, I will doing something called Blackbox investing.As a refresher what that is all about:I will not be proving my investment capitalI will not be naming the actual investmentsI will not be proving the returns from those invesmentsI…