Not long ago I was contemplating between betting my “Ang Bao” (Red packet) money on my favourite football team or to invest in some cryptocurrencies.

A quick reference to the Investment Products Cheat Sheet indicates that cryptocurrency is a high-risk instrument that requires high effort. To be fair, it gives a possible high return.

Looking at past record of my donation to Singapore Pools, the choice this time is rather obvious. I bought myself a few coins.

Nothing else can be worse than losing 100% to Singapore Pools right? 

What On Earth Is Cryptocurrency?

I guess a quick explanation of cryptocurrency is to see it as something similar to “gold in …