Author: Got Money, Got Honey!

Crypto "Passive Income" – Staking, Masternodes, Dividends

“Passive income”, “income investing”, “yield investing” are the fashionable investing trend buzzwords of our time. If you thought that only traditional investors can be blinded by yield and end up completely overlooking fundamentals and only focusing on the yield number, you would be wrong. This sort of irrational thinking exists and runs rampant in the crypto space as well. The easiest example to give is the notion of Staking and Masternodes (MNs). What the similarities and differences? They are actually extremely similar. In both cases, you “lock up” your crypto and in return you get back a return. It’s...

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Crypto-incrementalism vs Crypto-anarchy

What is crypto-incrementalism and crypto-anarchy? This article is a fantastic read on that. I would like to clarify that I realize that I quite identify myself following crypto-anarchy, and that quite affects the way that I think, the topics that I write and how I approach them. I actually think that a lot of people would be quite pleased and agreeable to crypto-incrementalism, especially the “we like blockchain, but not Bitcoin” crowd. Heh. When I first learnt about crypto back in 2013, it was almost exclusively about crypto-anarchy – decentralized, uncensorable crypto that cannot comply to authoritarian requests. Bitcoin. As...

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Inconvenient Insurance Pills to Swallow

1) No one in Singapore needs whole life insurance 2) Most insurance agents will immediately pitch you a whole-life insurance or an ILP (which you should not take). You should not continue dealing with them. 3) Most agents have extremely poor knowledge in financial planning and investing. Some don’t even know the inflation rate and gives you bullshit numbers. 4) If you are lazy to settle your own insurance, you will pay an arm and leg for an agent to recommend an expensive product for you. Nothing wrong with that, if you’re lazy. 5) If you are lazy to...

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BEST Article on Stablecoins so far

This article is really, really good. It’s no secret, I am a big fan of stablecoins. I was really heavy into DGD, but I took disgusting profits from it’s rise later on. Enough profits that my remaining position is free and I pocketed profits just from what I sold. I have used Maker to leverage, it was a terrible experience. Since then I’ve become rather bullish on a particular stablecoin project, which is Havven. I’m still a fan of DGD for its goal, though as an investment, it’s thesis is getting weaker and it is struggling to gain traction...

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COE drop like grapes

ST wrote an article with some reasons. Fact is, a few years ago when COE was at $92,000, there was a clear “bubble” in car prices. In fact, I dare to say that prices have come down that it can almost be considered economically viable for some people to consider upgrading their transportation method. Some time ago, I wrote about the transportation situation in Singapore. I think that with more MRT stations popping up, along with so many transportation alternatives, so many last-mile solutions, people are realizing that the NEED for a car, is actually a very, very, expensive...

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GMGH take on Utility Tokens

Here is the reference article, please read it. Here is the main classification table, I will reference it. Store of Value Only a HANDFUL will exist. Scarcity (stock to flow), decentralization and willingness of other people to accept them as stores of value are key factors to determine success. Upside potential is high, but can you figure out which crypto fall into this category? Stablecoins Has no upside, with 100% downside risk. Not for investment purposes, but excellent as a medium of commercial transfer and short term wealth transfer. Payment Tokens Shit. Governance Tokens Shit, unless you get paid...

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$20,000 Crypto "Passive Income"

Right now, price of ETH is $450 USD. After Casper + Sharding, 32 ETH is required to be a validator. (this link is a great read, btw) USDSGD rate is about 1.36. Do the math and you get $19,584, which will be enough to get the crypto capital required to run a validator. Buy a NUC for about $400-500 and you’ve got yourself enough hardware to host the node. (examples of NUCs: eg1, eg2, eg3) So there you go, for about $20,000 SGD, you’ll have the essentials to run an ETH validator once Casper and Sharding is out. All...

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Crypto Case Study: Bamboo (Acorns, for Crypto)

If we want to talk about the crypto version of Acorns, we first need to know, what is Acorns? That’s Acorns. It’s a very, very, very interesting way and tool to help people save small amounts of money without thinking about it, and also a way to invest recurring and even lump sum amounts. The premise of Acorns is that brain-dead easy. I’ve talked about Acorns wayyyyyyyy back on my blog in 2014, so I’m actually a very big fan of this model. I think it’s a really good and painless way to help people save and invest. So,...

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For the strong hands out there

Jun 28, 2018: The current Mayer Multiple is 0.62 with a $BTC price of $USD 6,142.35 and a 200 day moving average of $9,889.74 USD. The @TIPMayerMultple has historically been higher 94.71% of the time with an average of 1.55. Learn more at: https://t.co/9n0xlTWuNP — Mayer Multiple (@TIPMayerMultple) June 28, 2018 Based on this metric, Bitcoin is reaching valuations almost 2 SD below its mean. As always, I am a steady buyer. Time horizon long. My faith in crypto is strong. Outcome could be wrong. How’d you like my haiku? I made it rhyme as well, as a testament...

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The State of the Crypto Markets Jun 18

Oh, how far we have fallen from the sun. BTC is sitting at ~$6.2k and ETH at ~$450. On the bright side, my leveraged long position at $377 is still in profits and I’m overall still in profits. well not super sick profits like before, but c’est la vie So this bear market has been pretty brutal, especially to all the new guys and to all the “ICO flippers”. There’s a reason why I’m mega selective on my ICO positions. I try to play defensive instead of offensive. Crypto is so naturally high risk anyway that just playing defensive...

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Preparing myself for the Japanese Discount

It’s strange, but I quite enjoy reading the stuff put out by the research guys by Stansberry Churchouse. Their recent article is about the precarious demographics that Japan is facing. Perhaps the reason why I enjoy a lot of their articles is because we tend to approach the some topic, but I get to see someone else’s perspective. こんにちは~! I have talked about Japan’s structural demographic issues and their policies to address it before, in Sep 2015 and Dec 2014. Fast forward to 2018 and what do we have? BOJ still printing money to push up asset prices, and...

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Blinded by Yield

I think in Singapore, one of the most popular investing styles is income investing, mostly through dividend paying stocks and REITs, supplemented with retail bonds. To be honest, it is a strategy that I myself is quite fond of. Kyith wrote an excellent piece about HY dividend stocks and some ways to think about them. I think it’s a great read, especially for people whose analysis consists of only looking at the headline dividend yield number. Business profits could drop. Dividend payouts could drop. Demand for higher yield could increase, price would drop. Some people might think that fixed...

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PSA: Argentina will NEVER repay their century bond

Source: Wolfstreet Wolf Ritcher wrote a nice piece on this. Will just copy my favourite bits here. (For reference, the bonds were sold at 90 cents on the dollar) So don’t cry for Argentina’s investors that inexplicably bought $2.75 billion of 100-year bonds with a 7.125% coupon in June last year, at the peak of the cheap dollar-debt benightedness.  Everyone knew that Argentina would default on these bonds before they’d mature, as it has defaulted repeatedly on its foreign-currency debts, and that it was only a question of when it would default and how many times.  But the lure...

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Quick Updates

Crypto markets are dropping and I’m busy wearing my helmet catching falling knives. Lots of interesting progress are being made on the tech front. Lots of trash also raising obscene amounts of money. I’m rather busy doing a few personal crypto projects. Things ought to be quiet on my front for a bit while I busy myself making money. I shall report back triumphantly about my endeavours as I’m done with each of them. One week on and I’m already at 1% of my $50,000 goal. Steady as she goes. $500 in a week from clicking here and there,...

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Things You Could Never Imagine

  what the hell is going on pic.twitter.com/4CB7RVpzFV — Jill Carlson (@_jillruth) June 12, 2018 “I’m watching Donald Trump, the current President of the United States meeting with North Korean leader Kim Jung Un for a peace treaty in Singapore, on CNN with commentary from Dennis Rodman wearing a marijuana ICO cryptocurrency t-shirt.” Never thought that this is real life eh? Well, it is, lol...

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