Author: Singapore's Budget Babe

2000% returns in crypto? I’ll never invest in a coin like this!

Is a 2000% gain possible within a day? But do you dare buy into this coin? Take a look at its low volume, the number of grammatical mistakes on its Twitter page, the bold claims it makes, as well as this piece of art created using Paint X. Source: E-coin Twitter Its website is not even accessible. What’s happening? This looks like a shitcoin through and through to me. Would you dare to buy? Not for me! The sudden price increase looks more like a pump-and-dump attempt to me, because at such low volumes, it is easy for PnD...

Read More

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...

Read More

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% 100% now. How much did I make on this trade? For sake of simplicity, let’s just assume I bought 5 DGD coins. Then: 1 eth = USD 660 (my buy price) 1 DGD = 0.2 eth Cost for 5 DGD = USD 660 Today: 1 DGD = 0.4 eth (it even went...

Read More

Don’t trust mainstream media for crypto news

Do not trust the mainstream media when it comes to news in the crypto universe, because most of them can’t even get their facts right. Previously, we’ve seen how mainstream media outlets screwed up when they reported that South Korea was banning cryptocurrency. The FUD news spread like wildfire, when in fact South Korea has no such intention. A lot of the news have either proven to be completely false, or was blown out of proportion. If you’re worried, I’ll try to clarify all the FUD here one by one. 1. India government bans Bitcoin and cryptocurrencies Indian Finance...

Read More

Here’s how a crypto ponzi scheme looks like

Breaking news: This is probably the only time you’ll ever see Budget Babe promote and invest into a Ponzi Scheme. The horror!!!!!!!! So I just came across one of the most impressive and smartest crypto projects I’ve ever seen. In fact, the entire scheme is so full of genius – if people buy, you get dividends; if people sell, the price lowers until people buy again, which gives you MORE dividends. You literally can almost not lose as long as you have iron hands and not sell. It is a joke of a crypto project and an outright, self-confessed...

Read More

Legitcoin – is this ICO really legitimate?

“Biggest ICO project of 2018”! “1 coin is predicted to reach $70 by March 2018!” Someone tried shilling a new ICO (initial coin offering) to me recently and after just 15 minutes, I was so convinced and believe this to be another outright scam, so I’m documenting this here for us all to come back in March 2018 to see what happens. A little intro into Legitcoin: they claim to be: The “biggest ICO project of 2018”  Legitcoin “will be one of the fastest blockchains ever made” Will be listed on Bittrex and HiBTC (I think they mean HitBTC,...

Read More

BITCONNECT IS BACK! Please don’t fall for this a second time!

Fool me once, shame on you. Fool me twice, shame on me.   Round One Earlier last year, I had warned readers about various scams in the Bitcoin space – including Bitcoin mining, Bitconnect, and even local scammers trying to cheat you of your money by hopping onto the Bitcoin hype train. I did this through various social media channels – at events, through the mailing list, on Facebook and even IG stories. I slammed Bitconnect for being a downright Ponzi scheme, but obviously my words were drowned out by all the Youtubers and other famous social media influencers...

Read More

Why I Won’t Be Using My CPF To Pay For My House

For those of you who attended my sharing at the CPF Talk on 22 Oct, I mentioned that I have no intention to use my CPF to pay for my new house. Naturally, this raised quite a few eyebrows, because 8 in 10 Singaporeans pay for their house using their CPF Ordinary Account (OA) savings. But you heard me right. What I feel my CPF is for Now, before you go bat crazy on me, please hear me out first. In my view, my CPF forms my “untouchable” pot of retirement gold. It is my social security net when...

Read More

What should you consider before taking out a vehicle loan?

Not many of us are fortunate enough to be able to pay for our vehicle in full using cash. As a result, we usually have to resort to taking out a loan in order to finance our purchase. A few of you have asked me to write about our own thought process when we got our car last month, so here’s me continuing this as Part 2 of my previous post here. The first thing you’ll want to do before you decide to even go ahead and get that car, is to first check your finances to ensure you don’t...

Read More

Good luck to those of you who invested in XRP (Ripple tokens)

For those of you who have been reading this space for quite some time, you know that I don’t often write negative stuff here. However, I make an exception when I feel that it is something in the public interest to know, or it is an important expose to make because people are getting misled. I wrote about Ripple (XRP) tokens a few days ago because I could no longer take how people were being blindsided by the mass media and various online “influencers” into buying it. If you’re new to crypto, please read these first: A step-by-step guide...

Read More

Why I think Ripple (XRP) is a shitcoin

If you’re new to crypto, please read these first: A step-by-step guide to buying (and owning) your first Bitcoin A step-by-step guide to buying alt coins Understanding crypto speak Moving onto Ripple, which has now climbed to #2 in the world. Yet I think the Ripple tokens (XRP) are shitcoins, and I’m not alone on this. Read on for my analysis. The funny thing is, most of the people who have been in crypto the longest are almost absolutely anti-XRP. But if you ask the fanboys and the fangirls…they’re often the newbies, who will tell you that XRP is...

Read More

My #1 Advice for those new to crypto / Bitcoin

My #1 advice for those of you who are new to buying crypto… Only invest using money you can afford to lose. The crypto world is a volatile one. Prices swing up and down all the time. Can you stomach the ride? One moment your screen looks like this… You’re happy with your crypto profits, wondering if you should cash out, but then you remember that everytime you sold previously it only went up higher. So you decide to hold onto your coins. Then the next moment this happens: Are you sure you can sit through this? Maybe you...

Read More

The Ultimate Guidebook to the Best Cashback Tools in Singapore

If your new year’s resolution for 2018 is to save more money, one fantastic way to start is to get maximum cashback and rewards from your expenses. My stance towards money is very simple – I believe in always getting the best value for my dollar whenever I spend. To achieve this, I’m always on the lookout for the best deals and tools that can help me on my financial journey. Imagine if you could get cash back on your income tax payments to IRAS (or other mandatory expenses like utility bills, school fees and rental), and be rewarded...

Read More

2017 Update: How I Doubled My Net Worth In 1 Year

2017 has been an amazing year – I got married to the love of my life, officially moved in with my in-laws, finally visited Venice, went into cryptocurrencies right before its massive bull stream that catapulted it into mainstream consciousness, wrote an entire cashback guidebook (look out for the password to access it tomorrow in your inbox!)…and did a whole bunch of speaking engagements for CPF, DBS, Seedly, and more. It has been such a memorable year and I’ve learnt so much. We’re now nearing the end of the year so it is time for an annual review of...

Read More

Warning: Do NOT bank in these "cheques" you get from the banks!

Because we all need Public Service Announcements to save us from banking in money that isn’t ours. There’s a marketing tactic being practised by the various banks in Singapore which I’m going to call out today as being extremely unethical and misleading, but hey that’s just my personal opinion and you’re free to disagree. If these banks haven’t yet gotten a warning by MAS for their tactics, then my guess is that either MAS is completely unaware, or have chosen to close an eye to this. Whatever it is, I believe this is an issue that needs more awareness,...

Read More

Like us on Facebook

Follow us on Twitter