crypto bottoming

first patrick boyle

https://www.youtube.com/watch?v=Xhrzm4CmpEo 

now how money works

https://www.youtube.com/watch?v=-Rr3o1S-SQk 

2 big youtubers shitting on crypto

the bottom should be soon, if not, already in  

krisflyer access is great

alot of ppl complaining that access awards too ex

but for mile-llionaires like myself, the mile cost is never the problem

the problem is always waitlist or availability

able to just pay more in miles to get what you want is amazing

i like price surging when demand is more than supply

cos i have resources, if can pay more to win, is always the best

theme park fast pass

airport fast track

attraction or event vip package

ride hailing price surge

if the only problem is money

then it is not a problem*

*if you have alot of money

this is the same for miles

in the past i like ocbc voyage cos they got 2 ways to redeem miles

1 is just normal way like all the other banks

2 is a special way, where they will purchase regular tickets, then burn your miles at a rate of 1.7c per mile

the big benefit is that this bypass mile seats availability

the negative is the value is considered by many to be low

1.7c a mile maybe is low for many people

but if you are earning 1.5mpd, then @ 1.7c value = 2.55% cashback

this is higher cashback than all general spend cashback cards

and i was going to fly biz or first class no matter what, either with miles if available, or pay with cash

access is even better than ocbc option 2, which i feel is already an okay way

i just check for a trip i am planning

highest access surge of 100% of the regular advantage mile redemption rate

compare against just buying a ticket with cash

the value per mile is 2.3c

since i have switched to scb beyond card since they came out, i earn 2mpd

2mpd @ 2.3c value = 4.6% cashback

1 leg of the flight cant even waitlist

and waitlist is not good, cannot confirm

ppl say the access cost is too high

ppl dont realize that there are ppl like me with too much miles to spend 

win for sia = they burn my miles at the lowest value

win for me = i get to use my miles for travel even if there are no mile seats to redeem

if the only downside is that something is expensive

then there is no downside if you are rich

money honey 2026 investment pivot

https://www.youtube.com/watch?v=o_0uoCcblsc

 

 video tldr;

- moving from US to all world equities

- buying gold and silver 

- focus on business earning

- enjoy lifestyle freedom

 

my comments:

 

us vs all world is the least wrong decision to make

you reach enlightenment once you realize you need to be 100% all in equities (if no crypto)

the only last question is whether you think us will outperform all world

 

imo: us will outperform all world long run

 

all world is not a wrong choice. but it is the "safer" choice, and hence, lower r/r

 

gold and silver

the "devaluation" trade?

lol, so close, but still not yet there

by the time chris finally understands bitcoin, it is going to be 250k

 

focus on biz earning

already said before, he is still in the super soldier era of his life

no work? no money, no honey

what he puts in is what he gets back. he can never stop. 

he doesnt understand that if he really wants to enjoy #4 lifestyle freedom, he needs to be the boss, not the saikang warrior that showcase face on youtube and actually does the consulting

but famous ppl is like that

since you make money from fame, if you dont show your face, no more money

i guess he will continue his hustling under he levels up his thinking again

but will the money is coming in good now, i dont think it is a wrong choice, just paradox to next point 

 

enjoy lifestyle freedom is good

still not there yet

still need to post frequent videos

still need to post updates

still need to unzip pants and show transparency, or else no credibility

is this freedom? it is not 9 to 5 office job where he must show up at office, but he still has all this obligations if he wants to continue earning from youtube, sponsors and his consulting

 

my predictions for chris:

- within 5 years he will abandon the live humbly life. his nice and cheap renovated HDB is out, private property is in. there is no way he does not play the private property game. 

- he will capitulate to btc eventually. everyone capitulates eventually. only question is whether you capitulate early and buy your first bitcoin at $1000, $10,000, $100,000 or 1 million dollars.

- he realize he cannot attain true "lifestyle freedom" as he needs to perform his financial entertainment with frequent video uploads. uploading videos with travel backgrounds isnt the flex anyone thinks it is. bro, you are working, just overseas. i suggest he hire a xmm co-host, but also that don't have an affair with her.

 

sidenote: what melvin lim did with PLB to eventually transition himself from being the main entertainment monkey, to being an occassional supporting character that runs the show behind the scenes is actually a very good template on how to pull back and actually get "lifestyle freedom". 

 

one of the reasons why i like to talk about chris from honey money so much is because i see so much of my younger self in him. all his thinking right now? i've been through it and already came out the other end of the tunnel.

 

he is 1M34. very soon the next thing he needs to reach enlightenment for is: have all this money FOR WHAT? i look forward to see what his answer will be.

(spoiler: the answer will be private property) 

2025 finish

market boring

crypto markets down as expected (see last post)

i dunno when bitcoin will bottom but it really dont matter

long term sure go up

i heard someone talk about just having a plan for things you cannot control

rainy? put clothes inside dryer

sunny? go hang out in the sun

dont need to blame the weather or god

blame yourself for not knowing what to do

2025 was an okay year for me

profit this year is 8 digits

so i cant complain

2026 will be another good year

actually it is always a good year every year

all governments print so much money, do nothing also will get richer

crypto caution

bitcoin made new ath last week but no signs of retail mania

 

many scamcoins are also up alot

 

once liquidity runs back, you only want to hold bitcoin

 

crypto market might peak soon or already have cos of wall st buying the treasury companys

 

good news is next btc bear market will be shorter and less pain 

 

if long term believer, no need sell high buy low for bitcoin

 

just prepare your mental for it 

 

bitcoin goes up forever, just like us stocks 

i cannot give you balls

companies buying millions and billions of bitcoin

 

and you still bearish? 

 

you can tell a man what to buy 

but you cannot give him the balls to press buy with his own money

 

dont worry

if you dont buy

GLK will buy

michael saylor will buy

plenty of companies will buy

countries and soverign wealth funds will buy

 

maybe then

after it is safe and your mother father tell you can buy 

only then will you buy

 

or maybe you will still be a pussy

 

who knows? 

hard to say 

financial statements and earnings reports are worthless

level up in the financial markets is one day understanding that everything is noise

s&p500 / xyz company earnings release next week? up or down? miss target? beat expectations?

who actually gives a fuck?

it has been years since i last read a financial statement

i have 8 digits invested in company stocks and i dont know there earnings or growth or whatever kanasai metrics

my returns have never been better

cos it all does not matter

if you so smart, you must be very rich right

anyway

everything comes down to 1 thing:

rate of money printing

when ppl learn about investing

at some point they also learn about inflation and why $1 is only worth $0.50 in 20 years

'ya the value of money goes down over time, EVERY ONE KNOWS'

but it is so funny that people all accept the effect, but do not accept the cause

WHY the value of money go down over time?

even with deflationary tech like digital media, technological improvement, increased productivity and experience, prices of goods go.... up over time?

digital distribution and reproduction cost is zero.

digital storage is essentially free.

automation has expanded productivity from 8 work hours a day to 24/7 continues production

human experience and knowledge means constant improvement

yet, the prices of the same goods and same services go up every year

corporate greed is a weak and bad answer

inflation of everything, including costs, is the more correct answer

and why does the price of basic cost inputs go up every year?

my answer is that money printing devalues everything in the economy, so prices of everything will always go up

electricity, water, bread, eggs, whatever

everything go up in price

not cos they are more valuable or higher quality

but cos there is more money that was printed 

everyone acknowledges inflation exist

yet so many people refuse to accept that government prints unknown amounts of currency with no oversight

we cannot stop the money printing

only can accept it and then decide a strategy that takes it into account

real estate? non divisible, not portable, regulatory risks

gold? portable in small amounts

stocks? only us large/mega caps. any other market or segment is an uneducated choice

private equity or debt? lol good joke

different assets have different 'absorption rate' of printed money

some are very bad at absorbing the money, so its price will not go up much

some are very good at absorbing the money so the price will go up alot, even faster than the rate that money is being printed, cos many other things are so weak at absorbing the money

the only real solution is considered a dirty word and lazy speculative investing

but it is actually the peak of clear and enlightened thinking