Category: SG Budget Babe

Here’s how I watch movies on budget flights without paying extra

The airlines business is a competitive one, especially with travel deals and budget fares promotions ongoing all the time.

So when I travel, I never believe in paying more than I absolutely have to. And given that most of my flights are to short-haul locations (under 7 hours), I’m a huge fan of always going with budget airlines whenever I have to fly.

I’ve shared previously about tips on how to pay less for budget flights here and that I typically avoid all the frills that budget airlines try to charge for, in order to earn an extra buck.

  • Travel insurance? No thanks, I’ll buy my own or claim it for free via my credit card.
  • Food? No thanks, I’ll eat before the flight (or pack my own snacks discreetly)
  • Drinks? No thanks, I’ll bring a water bottle and fill it at the airport’s water coolers.
  • Internet? No thanks, I can survive without it for a free hours.
  • Eye mask, blanket or neck cushion? No thanks, I’ll bring my own.
  • In-flight entertainment? No thanks, I have my own.
ScooTV costs USD 11 (SGD 15) which gives me entertainment access for those few hours before my flight lands, and there’s only so many movies I can squeeze in within that time. If I take 4 Scoot flights in a year, that will already cost me SGD 60 which I don’t feel is worth it at all!

In the past, I used to either bring my Kindle or download movies from my laptop onto my phone to watch them while up in the air. Yet, nowadays when we’re always rushing to pack for a flight, I really just don’t have the luxury of time to find, download to my laptop and finally transfer it to my phone -.-

However, a few months ago I was introduced to Viu Premium, compliments of my friend (whom I’ve known for over a decade) who works there. This app has made a huge difference in my life!

I was already familiar with Viu because I used them to watch Descendants of the Sun back in 2016 when they first launched, but never really bothered upgrading to a paid subscription to Viu Premium because the only benefit then was to watch the episodes earlier, and I figured it wouldn’t kill me to wait.

But ever since Viu included free unlimited movie downloads, I was in!

How I use Viu to save on entertainment costs

Considering how I’m used to watching movies at least 2 – 3 times every month in the cinemas, that’s $20+ every month. In addition, I sometimes watch Youtube shows while commuting to work, and that causes me to easily exceed my monthly data limit, so it easily costs me $10 – $30 extra every month if I’m not careful.

And here’s how Viu stacks up against the other entertainment options that I could go for:

Netflix’s standard subscription (for HD) costs $13.98 / month
Toggle Prime costs $9.90 / month
All 3 options come with unlimited films and TV programmes in HD, but Viu Premium is the most affordable at only $5.98 a month.

I can save on data by pre-downloading shows via my home WiFi and watch them offline while I’m on the go. I use this method mainly to save money while keeping myself thoroughly entertained on a budget flight (even though my phone is on airplane mode), but you can do this on your morning / evening train commute as well!
Check out all the movies I downloaded for one of my flights.
Missed catching Soong Joong Ki in cinemas? His movies are on Viu Premium too!

There’s also plenty of Asian movies on Viu Premium, even if you aren’t the biggest fan of Korean films. In fact, some of the movies that Viu has brought in were box office hits in their native countries, but never made it to Singapore shores, such as “My Annoying Brother” and “A Man and A Woman”. And much like Netflix and Toggle, Viu also has its own original productions which can’t be found elsewhere.

Key benefits of Viu Premium:

⚡Unlimited Downloads – For offline viewing 
⚡Priority Viewing – As fast as 8 hours after Korea⚡Full HD Resolution – Watch your favourite shows in full HD ⚡Casting from mobile to TV – via Chromecast & AirPlay

I’m absolutely OBSESSED with this K-drama and have been raving about it non-stop.
If you haven’t watched it yet, you’re missing out!

If you need some recommendations on what to watch, here are my personal favourites:
  • Movies:
    • The Last Princess
    • Likes for Likes
    • Miss Granny (has been remade multiple times in other countries)
    • II Mare (the original Korean movie which was later remade by Hollywood into The Lake House)
    • A Wedding Invitation
    • 200 Pounds of Beauty
    • The Truth About Beauty
    • Penny Pinchers
  • Drama series:
    • While You Were Sleeping
    • Goblin
    • Descendants of the Sun
    • Love in the Moonlight 
    • Innocent Defendant 
    • Black
The best part? The kind folks at Viu are offering Budget Babe readers a further $10.76 off, so it’ll only cost you $61 for an entire year’s worth of access!

Simply enter “SGBB15” to get a 12-month subscription to Viu Premium or click here for my affiliate link.
(Note: Promo code valid till 15 March 2018, 23:59 hours)

Now you know my secret as to how I get to watch movies on budget flights without having to fork out anything extra!

Disclosure: This post is a sponsored collaboration between Viu Premium and SG Budget Babe, where the kind folks gave me an entire year worth of free access to try it out a few months ago and I fell in love! I’ve also previously shared about them (not paid, but yes sponsored through a free 1-year subscription) here. They offered such a compelling reader’s promotion this time that I couldn’t help but share! All words and opinions here are of my own. 

With love,
Budget Babe

The SGBB Cashback App !

There’s a new app for download – one that’s designed to help you manage and maximise your cashback credit card game.

The SGBB Cashback App


As an advocate of cashback credit cards, one of the most common questions I get is on how to MANAGE our cards, especially given how there are a multitude of credit cards which give varying cashback rates across different categories.

For instance, imagine if you own the OCBC 365 card and Citi Cashback Card (a pretty common combination among my friends). 

  • The OCBC 365 card gives 6% on weekend dining, but this falls to 3% if you swipe for the same dining places on weekdays.
  • On the other hand, the Citi Cashback gives 8% for dining, all days of the week.
But if you’re using your card for online shopping, you’ll be better off charging it to your OCBC 365 card which gives you 3% cashback, whereas your Citi Cashback card only gives you 0.25%.

Let’s review another combination: the DBS Live Fresh and CIMB Platinum Mastercard
  • DBS Live Fresh gives 5% for dining and entertainment
  • CIMB Platinum Mastercard only gives you 0.2% for these same categories
But if you’re shopping for toiletries and used your DBS Live Fresh card instead, you would only get 5% cashback – in contrast to the 10% you would have gotten from swiping your CIMB Platinum Mastercard.

So there’s a very real problem and pain point for consumers like myself who are trying to game the cashback rewards system here:

How do we keep track and manage our various credit cards for maximum cashback?

The truth is, credit card companies have made it extremely difficult and tedious for us consumers to keep up with all their varying terms and conditions. I’ll give you an example – consider the UOB Yolo card.

  • 6% weekend dining
  • 3% weekday dining
  • 6% weekend entertainment
  • 3% weekday entertainment
  • 3% online shopping (online fashion stores only)
  • 0.3% for all other categories
I’m not sure about you but I certainly cannot remember all of that!

The situation isn’t always as simple as a flat cashback percentage on all our spending. While there are cards like the SCB Unlimited Cashback Card which gives you 1.5% across all categories, the trade-off for this convenience is a lower cashback rate (see my review and reader’s promo here till 30 March). Remember the 10% for dining by CIMB Visa Signature?

So it got me thinking…WHAT IF I could make it easy for consumers like myself to get around this?

And then the solution hit me: a mobile app! 

Easily accessible; in your pocket anytime; captures the different categories of cashback; allows you to toggle between cards; can be updated when credit card companies change their rates…

It seemed so obvious to me that I wondered why no one else had ever done it before.

I tried building the solution myself initially through a third-party platform and completed 80% of it, but then I realised the program I was using hadn’t been very transparent about subsequent costs that needed to be paid and maintained after the app goes live. Moreover, according to their T&Cs, the data I had built would be owned by that company and I didn’t think that was right.

So I worked with a local app developer, gave him all my materials and the mock-up of the app I had built so that he would understand what I had envisioned.

After two months of working together with him, I’m proud to unveil:

The SGBB Cashback App !
If you have an iPhone, you can now download it from the App Store (search “SGBB Cashback”) for free.

(Unfortunately I only had the budget and bandwidth to do an iOS version, as the developer I worked with isn’t trained in Android, but if any of you would like to work together on this please drop me an email!)

How to use the app

You can filter by category to find out the respective cashback rates across the different credit cards. For instance, say you’re out dining at Fish & Co. on a Wednesday and cannot remember whether it will be wiser to swipe your OCBC 365 or CIMB Visa Signature. Open the app and click on “Dining (weekend)” and you’ll immediately be able to compare which card will give you the highest cashback.

In this case, the app will show you it’ll make more sense to swipe your CIMB Visa Signature!

Another way is to toggle between the different cards. Say you own 3 credit cards in your wallet but want to head out with a small clutch containing just one card.

Tap on the card you wish to view.
And the app will show you all the benefits of that card across the different categories!

Also, if you were wondering, there’s no need to worry about downloading this app because there is absolutely no catch. You’re not required to key in your personal data or share what cards you have. Heck, you don’t even need to create an account to use this app! 

There are no ads on this app and it doesn’t do annoying things like a pop-up to tell you to sign up for a new card promo, etc. I do not intend to go out there and get advertisers for this app, and neither do I have the bandwidth to do so.

This is, after all, a one-woman project (with the help of my awesome developer). And because of this, if you spot any errors in the app (especially if the cards change their rates, etc), please do let me know so I can get the changes made! It can get quite tedious for me to keep track of all the cards otherwise, especially if it isn’t cards I personally own.

(Okay, I confess – there is just ONE catch on this app…my branding, that is. Please visit my blog often for more tips and financial lobangs like this 😛 ) 

I know cards like SCB SingPost and (more recently) SCB Manhattan have been discontinued for new sign-ups, but I’ve kept them in the app because there are people I know who are still using the cards now. This may be removed in a few months time once they officially become obsolete.

So there you go guys, I hope you like this! 🙂 Go ahead and download it from the iOS App Store today!

P.S. Not sure if I still have budget leftover to pay an Android developer, but if you know of any who’s willing to work on this and charge reasonable rates, please send them my way. 😊

With love,

ICO Analysis: Is Sentinel Chain worth investing in?

The latest crypto project aiming to provide financial services to the world’s unbanked and underbanked.
One of the latest hyped crypto projects is Sentinel Chain, which is a Singapore-based ICO due to open their public crowdsale next month. There’s presently a lot of interest as Sentinel Chain is a partner of Vechain, which is arguably the #1 supply-chain crypto right now.

If Sentinel Chain is successful, they’ll help play a crucial role in reducing the world’s income inequality and lead rural farmers to greater economic prosperity. How do they intend to achieve this? Read on to find out!

Disclaimer: I’m heavily vested in Vechain. This is my personal take (together with my friend, Tim) on the upcoming Sentinel Chain ICO and should not be miscontrued as financial advice. Please do your own due diligence before investing in anything, especially in high-risk assets like cryptocurrencies.

What is the problem Sentinel Chain is trying to solve?

Financial lending and credit is generally based on collateral. When you borrow from a bank or financial institution, they will assess your financial standing by looking at your income earnings, assets owned (stocks, property, insurance) and other factors before granting you a loan. However, a large portion of the world does not have access to such financial services because they do not have such collateral.

70% of the world’s global food production is sourced from small-scale agricultural farmers, but these same farmers are concurrently among the largest population segment globally who live on less than USD 2 a day. They may own land and valuable livestock, but are generally denied of financial credit and borrowings for their operations and scaling because their assets are generally classified as “dead capital” in the financial economy.

Most financial providers can only accept the livestock as a collateral for loan if the livestock is insured. However, insurance companies today are mostly unable to offer livestock insurance at affordable premiums because there is no “tamper-proof” identification systems to guarantee the identity and ownership of the livestock.

The Solution

Livestock will be tagged with a physically tamper-proof identity tag (through a single-use RFID chip which cannot be removed without being destroyed) and the identity data will be stored on the blockchain where it is digitally-immutable (i.e. pretty much impossible to alter the data). Together with the time-series transaction ledger, this “digital passport” will prevent fraud, and allow insurers to assess the data to verify these assets for insuring. They’ll be able to check on the blockchain if that livestock has already been pledged as well, providing a trail of credit history.

Once the livestock is insured, the banks and financial lending institutions can now accept it as collateral to grant loans to these farmers. What was previously “dead capital” can now be monetized thanks to the Sentinel Chain blockchain ecosystem and partnerships.

The CrossPay app is an Android mobile wallet that will provide the unbanked with quick access to their balances and allow for quick transactions. The blockchain will be deployed locally at the grassroots level, and the cryptocurrency to be used in the system is called the Local CrossPay Token (LTC), which will be pegged to the value of the country’s native currency. LTC will thus not be exposed to the volatilty of the cryptocurrency markets.



How impressive is the team behind Sentinel Chain?

The team spearheading Sentinel Chain have strong credentials and I’ll highlight a few prominent individuals:

Roy Lai, Founder
Has over 20 years of experience in IT and finance. Was previously responsible for leading the successful implementation of FAST (yes, that same inter-bank FAST transfers that we now use on a regular basis!) connecting 14 banks in Singapore.

Chia Hock Lai, Council Member
The founding president of the Singapore Fintech Association.

Anson Zeall, Council Member
Chairman of ACCESS, Singapore’s Cryptocurrency and Blockchain Industry Association. Is also an instructor of the fintech and blockchain workshop for the Asian Development Bank and other banks in SEA.

Zann Kwan, Council Member
Previously Vice-President of GIC, and her team brought in Singapore’s first public bitcoin machine.

David Lee, Senior Advisor
The famed SMU professor who promoted Bitcoin years before it gained mainstream media traction.

Bo Shen, Senior Advisor
The Founding Partner of VC firm Fenbushi Capital, which Ethereum’s co-founder Vitalik Buterin was formerly a part of.

It is not every day I come across a crypto project with a team as impressive as this one, and given their extensive experience and connections in the financial space, that could give them a huge advantage in securing the partnerships needed to make this project a success.

What’s the value of the SENC token?

The utility of the SENC tokens are:

        Used by insurance companies to purchase LCT to store and access livestock data within the CrossPay blockchain

        Used by local financing companies to purchase LCT to pay for publishing the collateralized loan agreements to the local CrossPay blockchain

        Be held in escrow via smart contracts to minimise counter-party lending risk, so that if the local financing company defaults, then the escrowed SENC will be released to the overseas financing company to be liquidated for funds and loan repayment

        Fundraising for local community projects through peer-to-peer crowdfunding platforms, including for humanitarian aid, disaster relief, and more.

        To purchase LCT for e-payments on the CrossPay mobile app

Achievements thus far

One of their most promising milestones that stood out to me is their partnership with CloudWell in Bangladesh, which offers financial solutions to the dairy farmers, herdsmen and milkmen there. Given that over 80% of households in Bangladesh own livestock, there is a compelling and immediate use case for Sentinel Chain’s solution and B2B marketplace. It seems like they’ll be working with Green Delta Insurance (which was founded in 1985) to tokenize these farmers livestock first and get them insured as the first step to opening up access to financial services.

I managed to find secondary data sources confirming the various partnerships and pilots that were Sentinel Chain claims in their whitepaper.

CrossPay was deployed as a pilot trial with local dormitory operator TS Group last quarter (Q4 2017) at a supermarket, where migrant workers were able to make e-payments. I asked the Sentinel Chain team for the results of this pilot and was told that they’ll publish it much later, so this impacted my confidence in the project somewhat as it would have been better if we already had those results to assess.

I found a photo of Roy Lai with the VeChain team as well at their office:


My Q&A with Founder Roy Lai

Since most of these agricultural farmers will be out in the rural areas and are already poor without Internet access or smartphones, how will they be included in this solution?

Upon discussion with my friend Tim, we realised that there is a crucial misunderstanding of the markets here. For instance, Sentinel Chain’s target market in Myanmar already has 4G networks available, and the costs of a smartphone is about $30.

Why partner with a China insurer and a Southeast Asian bank? Why not partner with insurers who can cater to the unbanked and underbanked here in Southeast Asia first?
Roy Lai: Because there isn’t many. To access an affordable microinsurance service is not easy. It requires a large scale of members in order to diversify the risk. The China mutual insurance (Zhongtopia) has a 10 million customer base that pays 7 rmb premium and insured for 300,000 rmb.

Me: Will Zhongtopia be able to insure livestock of countries outside of China then, or is your partnership with them only for the China markets for now? If it’s only for China, when will the tentative pilot and roll-out be for livestock in rural China?

Roy Lai: The partnership is to explore mutual insurance outside China – not livestocks.

Why was CrossPay’s first pilot test run on migrant workers in Singapore, instead of an agricultural pilot in either Bangladesh or Vietnam to provide an indication to investors who can then evaluate the project’s potential success in the future when rolled out on a greater scale?

Roy Lai:  CrossPay’s pilot for Singapore utilises only the payment function which is only a part of the CrossPay’s functionality. The strategic value in doing it in a Singapore foreign worker’s dormitory is that as the hub of Asia it has workers from all parts of Asia, and is easier to solve the user experience problem simultaneously across different nationalities without going through country by country.
Is the technology for the tamper-proof RFID tags already ready? Who will be manufacturing and providing these tags? Who will bear the costs of these RFID chips and be responsible for implanting it into the livestock?

Roy Lai: Yes. We have an extensive R&D partnership with another Singapore company to design the tag for blockchain use. The costs of these RFID chips are born by the insurance and loan companies. We work with partners that has extensive agent network on the ground to manage the last mile deployments. We will not be able to share the name of the Singapore company designing and manufacturing the RFID chips without NDA.

You can also check out their Livestock RFID Tag Demo using CrossPay here:

Will there be a limit to the number of LCT tokens issued in each local country? How will the team differentiate between LCT tokens for the Bangladesh market vs. the Thailand markets, for instance?

Roy Lai: LCT tokens issued in each local country has no limit but a conversion between SENC and LCT is required. LCT tokens for different market are derived from USD exchange rate for the fiat vs the USD exchange rate for SENC token.

How will Sentinel Chain decide how many to issue (i.e. the number of LCT tokens then per country?) Any metric or guideline would be helpful.

Roy Lai: Not without NDA.

Has Sentinel Chain secured any government agreements or discussions to roll this out for their country’s agricultural population thus far?

Roy Lai: Further news to be announced. The aim is to announce before the ICO crowdsale closes.

I understand that a partnership agreement was signed with CloudWell, and the same article written by Anne mentioned Green Delta as the local insurance partner. Can you clarify if Green Delta has officially agreed to partner and insure the Bangladeshi livestock that will be placed on Sentinel Chain’s blockchain, or are they merely a partner of CloudWell that you were referencing?

Roy Lai: This is a tripartite partnership with Cloudwell providing the last mile support, Green Delta as the livestock insurance provider and InfoCorp providing the CrossPay network.

Future Use Cases

Rather than solely monetizing dead capital to allow for financial inclusion of the unbanked, SENC also seeks to develop the following use cases. One of them which we were highly supportive of was the use of SENC for community projects. The users that SENC targets are the very same exact individuals who are disadvantaged in their access to basic infrastructure such as electricity, roads or clean water. Through the SENC Blockchain, third party not-for-profit organisations may purchase SENC as a medium of exchange for LCT to finance social inclusion activities such as building of infrastructure, to sending donations and offering financial aid through fundraising platforms which Sentinel Chain is looking to develop in future.

 TLDR Conclusion
I’ve also separately met up with another staff working on Sentinel Chain (Jackie), and asked about the project. After this in-depth review, it is safe to say that I’ll be putting some ETH into this.
If you’ve any further thoughts on Sentinel Chain to add on, I’ll love to hear them!
P.S. This is NOT a sponsored article. The full research was conducted together with my good friend in crypto, Timothy Ng Wen Jun. Thanks for all your help!
With love,
Budget Babe 

SG Budget Babe on Budget 2018

If you were wondering whether that girl you saw on TV yesterday night was me, yes it was!Channel News Asia (CNA) had kindly invited me to be part of their Ask the Finance Minister 2018 show, where they gathered 5 Singaporeans from different walks …

Review: Standard Chartered’s Unlimited Cashback Credit Card

How do you choose the best credit card for your lifestyle? Everyone has different spending habits, so the best credit card for you might not necessarily be the most suitable for me. As such, personalization is key.

With the growing popularity of cashback credit cards, many banks and card companies are now releasing extremely competitive cards. But with more choices come more headache as well, especially when each card comes with different cashback limits and spending requirements across various categories.

If you’re looking for a cashback card with no caps and no hassled spending requirements, there are only 2 credit cards in the Singapore market which meet this criteria – Standard Chartered’s Unlimited Cashback and the American Express True Cashback.
How do they stack up among each other?
There’s little difference in the benefits between both, except that the AMEX card may not be as readily accepted by some merchants.
For those of you who still haven’t read the Cashback Guidebook 2018, here’s a quick breakdown of how they compare against one another:

SCB Unlimited Cashback AMEX True Cashback
Cashback rate 1.50% 1.50%
Max. cashback cap None None
Min. annual income $30,000 $30,000
Minimum spend (monthly) None None
Best for Fuss-free Fuss-free
Dining (weekend) 1.50% 1.50%
Dining (weekday) 1.50% 1.50%
Entertainment (weekend) 1.50% 1.50%
Entertainment (weekday) 1.50% 1.50%
Online shopping 1.50% 1.50%
Petrol Savings 1.50% 1.50%
Groceries 1.50% 1.50%
Toiletries 1.50% 1.50%
Transport 1.50% 1.50%
Telco 1.50% 1.50%
Hospital bills


Macintosh HD:private:var:folders:1d:h_675h291c9d8nk0x8y7jt3r0000gn:T:TemporaryItems:download.jpg

No cashback cap. No minimum spend.

There are only 2 credit cards in the market which do not have a cap on their maximum cashback, and the Standard Chartered Unlimited Cashback Card is one of them.

The 1.5% cashback rate is flat across all categories, so you don’t have to wreck your brains figuring out what or when to swipe your card in order to get a decent cashback rate.
If you’re too busy (or lazy) to be fussed about cashback limits and requirements on the different spending habits, this is a good card for those preferring something with no requirements and caps.

For those keen to get this, I’ve partnered with SingSaver for an exclusive gift of $100 Takashimaya vouchers on top of the bank’s welcome gift when you’ve successfully applied for the card. This promo is valid for BOTH new and existing customers!

With love,
Budget Babe

P.S. This is a post in collaboration with SingSaver, but all opinions are my own. I’ve also been promoting this card since 2017, together with the other cashback cards recommended in the Cashback Guidebook I published to kickstart 2018 with. Go have a read if you haven’t already!

How do you value crypto?

One of the most common questions I get from readers (and skeptics) is how to value cryptocurrencies.

Traditional concepts and ratios like Price-to-Earnings, Free Cash Flow and Net Profit don’t quite apply to cryptocurrencies, especially a large number of crypto projects still are in development and aren’t ready for mass adoption in the real world yet.

So what’s a crypto investor supposed to do?

We need to first understand that the crypto markets are still in their infancy. Unlike stocks (which have been around for a much longer time), there is still no universally accepted metric on how to value a crypto coin right now.

When Benjamin Graham introduced the concept of Margin of Safety, it took a few years before investors started accepting it and it became more widely used as a measurement to evaluating undervalued stocks. Similarly, we’re still years away from such valuation metrics for crypto.
Contrast this to the rise of Internet stocks and companies back in the past as well – when companies like Amazon, Facebook and Google first broke on the scene, no one really knew how to conduct financial valuations on them either. Facebook and Google assets weren’t physical, and Amazon was losing money and in the red for up till 2009. But we all know how their share prices have performed ever since.

Let’s use Amazon as an example.

  • If you had used the traditional Price-to-Earning metric to value Amazon, you would have been alarmed at its negative P/E given Amazon’s $5.78 million losses in 1996
  • Amazon returned no dividends to investors, nor did it do share buybacks

What would you have done? Probably stayed far away from this investment, because traditional valuation metrics were screaming red flags.

But today, with more Internet companies on the scene, we’ve become more familiar with growth investing and come up with other ways to value Internet companies at. Google’s IPO in 2004 seems ridiculous when you consider the fact that it was asking for $23 billion when its prior revenue was only $1.5 billion, and it had no physical assets to speak of. Facebook had a rocky start to its IPO and how do you even measure the financial value of a “like”, anyway? P/E ratios obviously didn’t work for Facebook; it was barely making money out of its billion users until Facebook ads became a norm and revenue started pouring in.

You could have waited until then to invest, but wouldn’t your returns have been infinitely more rewarding and explosive if you had bought Facebook right after listing, when valuations were still murky and uncertain?

Today, we know how to use cost-per-click (CPC) and click-through-rate (CPC) in our projections of future earnings when valuing Internet companies, but did we know that before when the Internet was still in its infancy? 

Even now, such valuations are more of an art than a science. Therefore similarly, we cannot expect to apply traditional knowledge and valuation models to crypto. They just don’t work. My friend Aaron from Mr Stingy, also raised a very good point that the model you use will probably fall flat as well if the rest of the world isn’t using it too.

But for those who insist on a numerical way to quantify exactly how much a coin is worth, there are still ways to be found. Let me illustrate with 2 examples.

Disclaimer: The below portion is purely for educational purposes, and is not a recommendation to buy any of the cryptocurrencies mentioned.

Kucoin Shares (KCS)
There are coins which can serve as a source of passive income (i.e. dividend-like investments). An example is KCS, which share a portion of its revenue from transaction fees earned through trades conducted on their exchange with its investors. There will also be buying demand for KCS as it offers discounts of up to 30% on trading fees. Hence, as Kucoin grows in popularity as an exchange, the value of KCS tokens will also go up. You could try to quantify how much it is worth by running daily trade transaction numbers, fees collected from trading, KCS buybacks, and more.

Someone even created a website for you to estimate how much your KCS tokens are worth.


As more people use Kucoin, more trading fees will be collected, therefore the size of the payouts will increase over time. And because your dividends are paid in the form of alt coins, there is also a possibility that you’ll be earning as their prices go up as well.

Assuming Kucoin grows to become the top 10 exchanges and handles slightly under $1 billion of daily trade volume, we could estimate:

$0.0007 per day x 365 days x 10 (growth in trading volume) x 4 (conservative estimate of growth of coins) = $10.22

If you hold 1000 KCS, that should give you $10,220 in passive income every year. Not too bad considering how 1000 KCS costs less than USD 6000 to purchase right now. Unfortunately, the Kucoin Shares scheme has been discontinued since last month.

OmiseGo (OMG)
Another example is OmiseGo. I previously shared a financial valuation model on my Facebook page where it examines various scenario, including the price of OMG tokens if it charges X% of transaction fees assuming that it is successful in taking over Y% of the e-commerce or remittance market. The spreadsheet was created by Nodar Janashia and shared online.

Even so, that doesn’t mean this standard of valuing OMG tokens will be accepted by everyone. If your assumptions are way off, then your price estimations will also be problematic.

Source: Nodar Janashia
In a nutshell, if you’re looking for a universal method to value crypto tokens, there’s none. Do not believe any investment course provider who claim that they can teach you a “reliable” method to put a price on the value of a coin, because there’s no such standard in the global crypto markets.

Trying to put a price on what a particular crypto is worth is both an art and a science today. And I’ll be the first to admit I don’t always have all the answers – neither does anyone else. In fact, I don’t usually quantify my crypto as much as I do for my stocks; instead, I look at qualitative metrics to assess if a crypto is worth my investment.

You’ve seen how I tore down Ripple (XRP) tokens previously because they failed to pass my qualitative criteria. You’ve also seen me do the same for LegitCoin and Bitconnect here.

I’ll next share on crypto projects that DO make the cut for me, so stay tuned.

Just like how the Internet changed our lives forever, I think we’re seeing the same with blockchain technology. And this is going to be one hell of a ride!

With love,
Budget Babe

Crypto – From a sea of red to a sea of green within a single day

How’s everyone doing? If you were freaking out over the dip the past few days (especially this afternoon), I hope you read my previous post dispelling all the FUD and remained calm despite the markets selling off.

If you haven’t already seen it, head over to read how I made 178% on a trade while the rest of the crypto markets were tanking (seriously, 1 out of the top 100 coins!) and why I believe this FUD will soon be behind us once people realise the truth about all the misreporting.

For those of you on Patreon, I posted earlier today about what coin I bought during the dip and why I felt comfortable buying it even though everyone else was freaking out.

Did I sell anything today while there was blood on the streets, and everyone was panic-selling? Yeah, all I sold was DGD – because it exceeded the fair value I attributed to it.

I didn’t manage to get a screenshot of this same list this afternoon, but see this video for how it was a sea of red then.

Did I buy anything today? Definitely yes – these dips are when I buy in bulk. Compare with how the stuff on my to-buy list looks like now:

Full disclosure: The above photo only shows my top picks in my watchlist. Obviously I don’t have enough money to spread myself out across so many coins, neither did I buy all of them today. 

As long as you follow these golden rules, you’ll be fine during the crashes:

  • Invest with only money you can afford to lose
  • Do your due diligence and avoid shitcoins
  • Don’t chase the pumps if you’re investing

With love,
Budget Babe

178% gains in a month while the crypto markets crashed

Crypto markets are crashing, but click here and watch this video carefully:

Notice how there’s only ONE coin in the top 100 cryptocurrencies which is green? Yup, that’s mine. In fact, in between taking that video and writing this post, DGD has gone up from 25% to 40% 60% now.

How much did I make on this trade? For sake of simplicity, let’s just assume I bought 5 DGD coins.


  • 1 eth = USD 660 (my buy price)
  • 1 DGD = 0.2 eth
  • Cost for 5 DGD = USD 660 
  • 1 DGD = 0.4 eth
  • 1 eth = USD 920
  • Total for 5 DGD = 2 eth = USD 1,840
That’s a 178% gain in just 2 months.
But you know what? I’m not going to cash out. In fact, I’m reinvesting it back into the crypto markets. Call me crazy if you will, but I’m buying the dip.

The entire market is bleeding but my portfolio is still green (thank god!). I would attribute it to both luck and skill – by not buying shitcoins (like Ripple *cough* read my take on XRP here and here).


Those who bought on 4 Jan 2018 and held till now:



Gain / Loss


USD 170

USD 350



USD 2.20

USD 0.78


Still think crypto is purely speculation or…luck?

With love,
Budget Babe