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Thread: To those who are still in Property and Stock Investment

  1. #101
    Join Date
    Sep 2008
    Posts
    2,644

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    Korean Bitcoin market officially trading at US$16.5k. Looks like $17k btc is within sights



  2. #102
    Join Date
    Sep 2008
    Posts
    2,644

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    Quote Originally Posted by dtrax View Post
    Korean Bitcoin market officially trading at US$16.5k. Looks like $17k btc is within sights
    Bitcoin breaches US$18,000 barrier in Korean Market paving for a possible US$20k, looks like there is still more steam before retracement



  3. #103
    Join Date
    Sep 2008
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    2,644

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    2017 Jan:
    1 COE Cat A = 35 bitcoins

    2017 Dec:
    1 COE Cat A = 2.08 bitcoins

    Hold BTC: 17.5x ROI

    Hold COE Cert: $0 in 10yrs

    Hold 10k worth BTC in 2016 Jan: 500K

    Hold 10k worth BTC in 2017 Jan: 175K



  4. #104
    Join Date
    May 2012
    Posts
    3,708

    Default

    Buying car as investment is wrong strategy except for certain transferable COEs bought at certain dips.

    It has to be for the purpose of driving and meeting personal / family needs.

    It does have a genuine and at least nationally recognised utility function.

    Bitcoin has speculative and investment function, and may even have a function as a currency at its best, although it has zero utility value in itself, much like a currency?

    Utility needs must be separated from investment needs unless an instrument serves both needs.



    Quote Originally Posted by dtrax View Post
    2017 Jan:
    1 COE Cat A = 35 bitcoins

    2017 Dec:
    1 COE Cat A = 2.08 bitcoins

    Hold BTC: 17.5x ROI

    Hold COE Cert: $0 in 10yrs

    Hold 10k worth BTC in 2016 Jan: 500K

    Hold 10k worth BTC in 2017 Jan: 175K
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.



  5. #105

    Default

    My home is my utility need until I sell it to become my investment



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