But Bitcoin still probably a scam though.
Btw, I heard topping-up CPF is a good long term strategy.
Have fun
But Bitcoin still probably a scam though.
Btw, I heard topping-up CPF is a good long term strategy.
Have fun
Governments are looking to buy Bitcoin, NYDIG CEO confirms
Maybe full of shit.
Maybe legit.
Who knows?
Our gahmen will never say, for "national security" reasons.
Not trying to cause you to FOMO.
Just saying that if I didn't have any crypto, I'd be concerned.
Luckily I have lots of all these worthless digital rat poison ponzi coins.
Gahmens may or may not be buying Bitcoin.
Billionaires are buying Bitcoin.
Companies are adding Bitcoin to their treasuries.
Institutions are recognizing it as an asset class.
Tesla is accepting Bitcoin as payment for their cars.
Yet, DBS "Digital" exchange is only for $5M+ clients.
The crypto purchasing limit through Xfers is $30,000 annually for us regular peasants.
That's not even 1 Bitcoin.
Actually, it's not even half a Bitcoin anymore either.
Perhaps it's government mandated policy that everyone except the existing ultra-wealthy should
Have Fun Staying Poor.
https://www.dbs.com.sg/private-banking/default.page
Weird how buying digital rat poison is a premium product reserved only to scam those with the most wealth.
Also weird how billionaires are buying it. Must be part of an elaborate ruse to scam the plebians.
Luckily the kind and noble banks prevent the stupid and poor peasantry from toying with such scams.
As they say,
The rich get richer.
Have fun.
Crypto is getting hyped these days.
Why wouldn't it be? The crypto industry is printing out new millionaires daily.
Everyone is getting hilariously rich and you are not. At least you're having fun, right?
But as always, when new fresh dumb money starts coming in, that's the signal that the party might be ending.
If you are here to make quick money, best be sure you're not just here to be my exit liquidity.
In the long run, crypto will likely be one of the most impactful technological advances of our society.
In the short run, riches will be made and lost.
Most will not make it.
Good luck.
Don't say I didn't warn you.
Okay, I will go back to shitposting and making fun of nocoiners after this. HFSP.
Why buy bonds?
Interest rate risk.
Default risk.
https://www.linkedin.com/pulse/why-world-would-you-own-bonds-when-ray-dalio/
Crypto lending?
100%+ OVER-collateralized loans
with 24/7 perpetual on-going PROOF OF SOLVENCY
with liquidation bots ready to margin call loans at SIGNIFICANT buffers (5-25% buffers)
with optionality of YOU, YOUSELF, triggering the liquidations if the professional bot runners / liquidation bot bounty hunters are not doing their jobs properly and getting paid to do so while protecting your own investment (but why wouldn't the bots do it properly if there are monetary rewards?)
that pays between 6-14% in USD
with zero-interest rate risks
and no duration risks, lock in risks?
Or take on custodial risks with the likes of BlockFi and Celsius,
and earn between 8.6 - 10.5%?
Or move up the risk ladder and add-on smart contract and composability risks in return for earning between 15-90%?
But naw.
Too good to be true.
Sounds like a scam.
Actually even compared to equities, it's almost a no-brainer.
Imagine if people were actually smart enough to take advantage of this information assymetry.
Luckily Warden Bufflet has groomed and conditioned a whole generation of massive cucks.
Have fun
Source: After Buying Her Own Condo, This 29-Year-Old's Next Goal Is To Be A Millionaire
> 29
> formerly a relationship manager at a bank
> now a financial adviser of an Independent Financial Advisory firm
> bought the Chanel Boy handbag, the Audi A3 Cabriolet (now wrapped in satin pink), and of course, the private property – a 2-bedroom unit at Bartley Ridge condominium
> bought the 2-bedder unit at $1.1 million, paying a whopping $500,000 in cash and $100,000 from her CPF Ordinary Account for downpayment.
> "... I am more conservative and don’t dabble much in investments or stocks to grow my wealth, so I thought property is something I can explore”
> paying a whopping $500,000 in cash for downpayment
> don’t dabble much in investments or stocks
> now a financial adviser
APPARENTLY, this is some nonsense called AAVE-ETH BPT 80/20 SM STAKING.
To be honest, I don't really understand all this criptoe current seas blockchain mumbo jumbo.
So this looks fake to me.
Possibly photoshopped.
Or maybe a scam.
There's no way this is real money.
No way, simply not possible.
It has to be just another one of the thousands of fake worthless internet money.
Buy SGX dividend stonks huat together.
No Starbucks.
Cai Png only.
That's the only true, tried and tested, real way to FIRE.
Don't let anyone else tell you otherwise.