Tuesday 9 April 2013

Bitcoin Hits $200!

Meanwhile, in other news...Bitcoin has hit a high of $200!!!

For KLSE, watch out for:

1. WTK Berhad -Trading above its lows, but still way below previous highs. With fibreboard companies heading for highs (Heveaboard Bhd), WTK could prove to have further upside, trading at slightly over RM1.00

2. Supermax and TopGlove- With avian flu spreading like wild fire in China, it could prove to be a good bet, considering that today, prices fluctuated downwards, which presents a good collection opportunity. The last time the avian flu epidemic happened, prices of both Supermax and TopGlove rose multiple times. A sector to watch!


Update Thursday 11th Apr 2013

1. Bitcoins began to crash to below $100!!! At BTC-e it's trading at $60. So is it a ponzi scheme like many opponents have mentioned? One thing's for sure, I started out in Bitcoins just to speculate. Thus I didn't lose much. It's just play money. 

2. Stay safe, and stick to REAL assets: precious metals

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