FTX has been exposed as a fraud and is now bankrupt. I have lost my funds on FTX, although I withdrew most of it before the collapse. I owe it to myself to reflect deeply on this event. I also owe it to my readers because I wrote 2 positive
When I talk to financial advisors and fund managers, a common advice they give is "Do not time the market" or "Market timing does not work". They have a financial incentive to persuade their clients that market timing is bad. Buy-side financial advisors/asset managers earn their fees based on
One day before Singapore's National Day celebrations on 8 Aug 2022, Hodlnaut threw a bombshell on their customers. The company was going under. Hundreds of millions(estimated $500m) in customer deposits have been frozen. I have been following Hodlnaut closely since last year after I signed on as their customer.
This crypto startup firm, Uprise, lost 99% of its client funds while shorting Luna during its price crash. Luna crashed 99.98% within 1 week from Thursday, 5 May 2022 to the following Thursday, 12 May 2022. Just 1 week ago, Luna's market capitalization was USD28 billion. 1 week later,
The TerraLuna ecosystem crash this week was devastating to many crypto investors, from the small retail investors to the huge venture capitalists. No matter how smart you are, as long as you are active in financial markets, big losses from time to time are inevitable. Sometimes, one manages to escape
This week (01Apr2022), the yield curve has inverted [https://finance.yahoo.com/news/yield-curve-inverts-april-2022-200829124.html] in U.S Treasury bond markets. This is big news in financial media. Why is this a significant event? According to experts, the inverted yield curve is one of the best predictors of impending economic
Update: This article has been selected among the 10 top articles most popular articles in Tiger Brokers community between January 1 and June 30 in 2022. I bought a Russian equity fund more than a week ago when the Russian MOEX stock index crashed over 40% in a single day