Crypto 101 readings -

 This one got me reading on and on.. 

Cryptocurrency , block chain, DeFi . so much to read, and so less time .. so much shit to clean at work 💔

https://ringgitohringgit.com/investing/cryptocurrency-malaysia/

(credit to author Suraya)

• Bitcoin (BTC) – the OG crypto. The one you heard about the most, and the one that started it all
• Ethereum (ETH) – ‘Programmable money’. People interested in DeFi – Decentralised Finance – should check out this one.
• Litecoin (LTC) – kinda like budget version of bitcoin (oop I said it). They say that if bitcoin is digital gold, then litecoin is digital silver
• Ripple (XRP) – Ripple is actually a private and CENTRALISED company, which means crypto purists hate it. Holding XRP is kinda sorta like holding stocks in a remittance service provider
• Bitcoin Cash (BCH) – A fork of Bitcoin. See Section #9 – Why are there two bitcoins

Few months later review - the Good and the Bad

Day trading can be pretty fun. This is the realized profit. At the moment, the plan is to slowly growing the pool for future investment/trading.

Not too shabby , at ~7.7% estimate gain. Keep growing the little snowball.

However, there are days where you get booboo like this one below. Money transferring between subsidiaries and its linked/subsidiaries. 😅

A lot of local listed companies with inside trading, so only can wait out on it for breakeven or minimize loss. Fingers crossed 

Studying the trend and health of the company is pretty important even for day trading.

Hello Hellogold , Bye

Was trying out Hello gold last year. By luck i guess ,i dumped a bit more within Oct/Nov . Now the price is declining back. So reap the sow first. Then wait for price to dip further down if i want to buy again.

Making RM70 bucks not a big deal , but mathematically 12% for just dumping deposit in for couple of months;  not bad and also using some Boost voucher to get reduced charge over 3 months if i remember correctly.

So Hello gold charges some fees yearly too. And also included some slight charges when you deposit, withdraw. Transferring back to bank doesn't charge anything. Got my first withdraw in bank already.

And notice the Buy and Sell gap is pretty high. It's not stock , but the platform is making quite a cash via transactions in/out.

So i'll park and observer first. 

Accumulate some capital for investments opportunities.

                                            

TENAGA share dip JAN07 2021

 Was watching this one dip, then i hesitated. 

Endin with 10.52. Was like damn , my target was 10.2 to enter. 

Anyway, it's a good lesson and experience. If i feel it, just act LOL