As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
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Wednesday, 28 October 2020

DBS Bank Is Planning to Launch a Digital Asset Exchange

Read? DBS Bank Is Planning to Launch a Digital Asset Exchange

Like that; can say Uncle8888 also has one toe in this Bitcoin craze through his long-term 2-bagger DBS holding since 2003???



6 comments:

  1. They removed announcement saying they have not obtained regulatory approval?
    https://decrypt.co/46393/asian-bank-dbs-jumps-the-gun-with-bitcoin-trading-announcement

    ReplyDelete
    Replies
    1. IT folks preparing the web FAQ and accidently published it at live platform. LOL!

      Delete
    2. CW and mysecretinvestment,

      I'll watch with my popcorn to see whether big daddy will "capitulate" and join the bandwagon:

      Regulation of Cryptos by Big Daddy


      No intrinsic value?

      Not suitable for most retail investors?


      We'll know its a MANIA when those who would voluntarily contribute to CPF decide to switch and "invest" with cryptos instead ;)

      What's the point of 2.5% or 4% when we can get 100 to 1000 baggers through cryptos?



      Delete
  2. What about Singtel with Grab going to open a Digital bank too?

    i am lost already for i have been ignoring this cryptos (aka ToTo things) and digital banks.

    Read : Should Telcos become Banks?

    Should i buy Singtel now?

    ReplyDelete

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