Author: Invest Openly

Is Life In Singapore Really Complicated?

Inspired by a recent post from a friend of mine at Growing Your Tree Of Prosperity, he recounted his amusing experience with a telco staff at Starhub and the twist is that he managed to turn himself from a consumer to a “seller”! Kudos to him! Go have a read here to see how he did it! What caught my eye is not the main point of his post but rather the mentioning of “Life is pretty complicated in this island (Singapore)“. Of course, he is right in some sense as even a most simple matter/stuff (like what to...

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5 Steps to Protect Yourself Against Bank Fraud (Guest Post)

Often considered the most widespread crime of the 21st century, financial fraud is sweeping its way across the world as high-tech fraudsters instigate a disturbing collection of scams to pillage unsuspecting people’s bank accounts. Just like yours. Too many people have found themselves victims of bank fraud. So, to decrease the chances of it ever happening to you, here are five steps to protect yourself against bank fraud. Always keep security details private The rise of online banking has created new ways for hackers to commit bank fraud. In order to keep your accounts safe, when on the phone,...

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Would There Be A Twist In This Acquisition (Uber Kena Grabbed) ?

  In the international front, the latest hottest business news is the potential trade war between US and China. The global market impact of this potential calamity could be a disaster and trigger the long awaited market meltdown. While it is still early stage but let’s stay alert and get our war chest ready. In the local front, we have the shocking news of “Grab has confirmed acquiring Uber’s Southeast Asia’s operations” and along the way they grabbed the Comfort into this messy deal too (Comfort and Uber just had a tie-up not long ago in late last year). What’s...

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Behind the Scenes of Cryptocurrency Exchanges: Secrets, Strategies, and More (Guest Post)

The following article is based on insights from the Blockchain Connect Conference in San Francisco. Included in this exchange panel are exchange CEO’s Chris Lee (OKEX), Jesse Powell (Kraken), Mike Kayamori (Quoine), Chief Strategy Officer Kailong Cai (Huobi), and Head of International Markets Ted Lin (Binance Exchange). “We’re gonna be a much more prosperous society because we don’t require such a huge drag on our society… because the blockchain is now that trusted third party.”- Tim Draper, American venture capital investor. Cryptocurrency Trading Demographics The US, Japan, and China are major cryptocurrency markets. The average trader is male in their 20s...

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Huawei Nova 2i – My First Android Phone!

  I am an ardent Apple fan! Since the launch of iPhone 4 (in 2010 if I am not wrong), I have been using it continuously until now. No, I am not an user of iPhone X, currently I am using iPhone 7 and usually I only change every 2 years when my contract end.  So, what triggered me to get a new Android phone?  There are a couple of reasons: 1. Recently, while reading through some blockchain and cryptocurrency related projects, noticed that most (if not all) of the projects launched their Android app much earlier than iOS...

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Top 10 Cryptocurrencies For the Past 5 Years And My Observation

By now, I believed most, if not all, of my readers have heard of cryptocurrency or minimally, the term Bitcoin? If you are the minority few that have not heard of it and why cryptocurrency could possibly the “new asset class”  that you could consider as part of your investment portfolio, head down to my friend, Christopher Ng’s blog at Growing Your Tree Of Prosperity as he has started a new blog series on cryptocurrency. Cryptocurrency market is as volatile as it can get and double digits up and down within 24 hours is a common scene. So, if you are...

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Recap Of My Blockchain Experience (Steemit and Earn.com)

As per my earlier post (3 Sites/Apps That Will Earn You Trade-able Cryptocurrencies), if you are keen to get your hand with some cryptocurrencies but not prepared to invest/buy it from the exchange, you can participate in some of the blockchain projects and at the same time earn you some associated cryptocurrencies/tokens. Today, I am going to share/recap my experience thus far with Steemit (decentralized social network) and Earn.com (blockchain related campaigns/tasks). For more details of what each of them, check out my earlier post here. Steemit: I’ve joined the Steemit community since Sep 2017. In the initial few...

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What is Litecoin? – A Beginner’s Guide (Guest Post)

What is Litecoin? Litecoin (LTC) is a decentralized peer-to-peer cryptocurrency that was released on October 7th, 2011 and went live on October 13th, 2011. The silver to Bitcoin’s gold. Bitcoin’s little brother that doesn’t get out much. These are just a few of the things you might hear being tossed around when talking about Litecoin. At a first glance, Litecoin doesn’t garner much respect as a top 10 market cap cryptocurrency. However, once you get into the weeds, Litecoin presents an extremely useful and interesting application of the original Bitcoin blockchain. For all the flak Litecoin gets, it’s easy...

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Accumulating Singtel (Z74) Amidst The Perfect Storm

For the past few weeks, I’ve been accumulating Singtel (Z74) in a few tranches as part of my mutated DCA (see my earlier post here and here for more details). Did a stock take today and noticed that I’ve accumulated 7,500 shares with average price of about $3.60. At the time of writing, it is closed at $3.49 (means I am still sitting at a paper loss :-)). This is before the seemingly upcoming perfect storm, starting with the biggest single-day drop since 2008 at Dow Jones yesterday (Friday, 02/02/2018). Dow Jones dropped 665.75 (2.54%) and closed at 25,520.96. Hence,...

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3 Sites/Apps That Willl Earn You Trade-able Cryptocurrencies

Before the Bitcoin/cryptocurrency bubble burst (not sure when), many people are still very keen to get their hand “dirty” into the crypto-mania. Of course, the fastest way is to buy it from the cryptocurrency exchange (assuming you already have an account with them) or buy it from the ATM. Next, is to get it through mining which take time and there is no guarantee. Today, I am going to share the third way, which is by participating in the Blockchain project itself. Depending on the ecosystem of the projects, some of them (see below for at least 3 of...

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SG Cares – Enabler To Foster A Giving Society

Yet another cooling day, another day to give my over-worked air-conditioning system a rest, how I wish we can have more of such weather (minus the rain). We are already at the end of second week of 2018, it has been non-event for me, besides accumulating a bit of of the Singtel shares, I did some more reading on blockchain related books, researching on some ICOs (Initial Coin Offerings) and continue writing post for my other pet project blog Blockchain SG. Anyway, the focus of this post is on the “Do Good” part that all of us can participate...

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7 Mistakes to Avoid When Applying for a Business Loan (Guest Post)

Businesses will require an additional injection of capital, big or small, several times throughout their cycle. Business loans are one of the options companies can look into to get additional funding which can be used various purposes: for purchasing additional IT equipment andmachinery, cover operating expenses, grow or expand your venture, etc. Common Business Loan Application Mistakes to Avoid Applying for the right business loan and having it approved will depend greatly on avoiding several mistakes that you may commit during the whole process. As a business owner, you need to make sure you avoid making these grave errors during...

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Turning Challenges Into Victories

Today is the last day of the year (2017), in a couple of hours’ time, we will be ushering into a brand new year (2018), the year Of Dog (Chinese Zodiac). I would like to take this opportunity to wish everyone here: HAPPY NEW YEAR 2018!! Usually, this is the time of the year to recap (the achievements, lesson learnt aka mistakes of the previous year) and make resolution(s) for the new year. For me, I think I’ve stopped making resolutions for quite awhile, my motto is just to keep learning, keep going and keep smiling! Regardless of what...

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Ripple – New Crypto In My Minion Crypto Portfolio

I’ve been eyeing to add Ripple into my minion Crypto portfolio for quite sometime but I’ve been procrastinating as the exchange that I am using, Coinbase haven’t listed Ripple yet (hint hint). During the Christmas season period, I’ve made the move and open an account with Binance so that I can buy other alt-coins that are not listed in Coinbase. Immediately after that, I’ve accumulated about SGD800 worth of Ripple at SGD1.47. When I first chanced upon Ripple, I remember the price is around USD 0.40 cents (SGD 0.54). One thing for sure, crypto market movement is fast and...

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5 Fun And Interesting Findings/Facts About ICO (Initial Coin Offering)

Merry Christmas and Happy New Year 2018! By now, I believed most of you know what is ICO (Initial Coin Offering), if you are still not sure what is ICO, you may check out my other other blog here on what is it and why you should care. Anyway, since my first ICO (Crypterium), click here to read more, I’ve read through a couple more ICOs and there are 5 fun and interesting findings/facts that I would like to share here: Ethereum – Main Blockchain platform Most of the ICOs are using the Ethereum as their underlying Blokchain technology,...

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