$Bitcoin (BTC.CC)$$S&P 500 Index (.SPX.US)$$Nasdaq Composite...
$Bitcoin(BTC.CC$ $S&P 500 Index(.SPX.US$ $Nasdaq Composite Index(.IXIC.US$ $FTSE Singapore Straits Time Index(.STI.SG$
Buying BTC is like buying tulip during the Dutch golden age in the 17th century. The price of BTC rose from USD1 in 2012 to USD60,000 in 2021. The tulip mania was often referred to as the mother of speculative investments. It was the first recorded speculative frenzy where there was a huge divergence between intrinsic value and asset prices. At the height of the bubble, it was said that a single Semper Augustus tulip, while deemed the rarest and valuable among the high-end tulips, was sold for approximately 10,000 Dutch guilders, which is the same price of a waterfront mansion in Amsterdam, the capital of the Netherlands, at the time. The speculative bubble burst in Feb 1637. Tulips now cost just a few dollars in Singapore today.
Buying BTC is like buying tulip during the Dutch golden age in the 17th century. The price of BTC rose from USD1 in 2012 to USD60,000 in 2021. The tulip mania was often referred to as the mother of speculative investments. It was the first recorded speculative frenzy where there was a huge divergence between intrinsic value and asset prices. At the height of the bubble, it was said that a single Semper Augustus tulip, while deemed the rarest and valuable among the high-end tulips, was sold for approximately 10,000 Dutch guilders, which is the same price of a waterfront mansion in Amsterdam, the capital of the Netherlands, at the time. The speculative bubble burst in Feb 1637. Tulips now cost just a few dollars in Singapore today.
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High Profit Low Loss : Hahaha, this incident reminds me of the MacDonald Hello Kitty series which people are more interested in the toys than the burgers.
bullrider_21OP High Profit Low Loss: Haha. They kept the toys and threw or gave away the food.
Zerocool888 High Profit Low Loss: I made a decent profit selling Hello Kitty sets to Hong Kong and Malaysian buyers! Hahaha…..food was easy to distribute as my niece and nephew was ready to whallop anything food I gave to them. Those who threw food away……ah well, they have no idea how important it is.
bullrider_21OP Zerocool888: They have no idea about poverty. Some people don't have enough food to eat.
High Profit Low Loss Zerocool888: Wow! Congrats ! You have biz acumen for side hustle.
High Profit Low Loss bullrider_21OP: Food wastage is a sin!
bullrider_21OP High Profit Low Loss: Agree.