The parallel of Bitcoin, Dogecoin and Elon Musk

The parallel of Bitcoin, Dogecoin and Elon Musk. For the past week, my focus is on 2 sets of numbers, covid cases in community and crypto.
The crypto sector has been weak for a couple of weeks, imploded mid-week and rebounded strongly day after. It seemed worst is over.
I have no positions in BTC. I care because companies who have BTC in their balance sheets are supposed to hedge against risk; and yet it became the risk ironically.

Most Singaporeans are sad when the stock market is down…. They may have the wrong concept to investing!

When the market is UP, I am happy because my stock investment is “in the money”. When the stock market is DOWN, I am not sad because my investment in fixed income instruments is not affected, I still get dividends, and I have money to invest!   Investing is not just about buy low sell […]