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Chat Is it worth to invest e-gold 1g at rm370?

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SUSskyblack4492
post Apr 16 2024, 01:51 PM, updated 2y ago

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Ok or not invest 1g of e-gold? Invest Cimb gold online 1g rm370.80

Inb4 buy high, sell low sei sohai
Inb4 financial planner kena scam 550k
Inb4 no buy dont red eye - messiahGod

This post has been edited by skyblack4492: Apr 16 2024, 04:12 PM
Th3D3vil
post Apr 16 2024, 01:52 PM

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gold not 410 now meh ? where to find RM370?
SUSskyblack4492
post Apr 16 2024, 01:53 PM

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QUOTE(Th3D3vil @ Apr 16 2024, 01:52 PM)
gold not 410 now meh ? where to find RM370?
*
Cimb online gold?

This post has been edited by skyblack4492: Apr 16 2024, 01:56 PM


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47100
post Apr 16 2024, 02:19 PM

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QUOTE(skyblack4492 @ Apr 16 2024, 01:53 PM)
Cimb online gold?
*
mbb price to ref, cheap yo.

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SUSskyblack4492
post Apr 16 2024, 02:36 PM

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QUOTE(47100 @ Apr 16 2024, 02:19 PM)
mbb price to ref, cheap yo.

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Buy gooding?
Ichibanichi
post Apr 16 2024, 02:40 PM

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For long term better get physical gold bullion

if just investment under e-gold, pray hard the service provider doesn't bankrupt
skloda
post Apr 16 2024, 02:42 PM

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all this e-gold . if invest sikit sikit cant see money one la .
knwong
post Apr 16 2024, 02:42 PM

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Remember this. the more expensive the gold become in the future, the less demand it will become.

Same goes to property...

We all aim for everything to BBB UUU but the demand may not be there in the future
sunami
post Apr 16 2024, 02:43 PM

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bbbuuu
prophetjul
post Apr 16 2024, 02:44 PM

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QUOTE(knwong @ Apr 16 2024, 02:42 PM)
Remember this. the more expensive the gold become in the future, the less demand it will become.

Same goes to property...

We all aim for everything to BBB UUU but the demand may not be there in the future
*
Someone told me this 21 years ago when gold was RM1050 per oz. laugh.gif laugh.gif laugh.gif
BUT i invested anyway. laugh.gif laugh.gif laugh.gif
AND gold is not property that you can create. laugh.gif laugh.gif laugh.gif

This post has been edited by prophetjul: Apr 16 2024, 02:44 PM
hteekay
post Apr 16 2024, 02:47 PM

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QUOTE(prophetjul @ Apr 16 2024, 02:44 PM)
Someone told me this 21 years ago when gold was RM1050 per oz.  laugh.gif  laugh.gif  laugh.gif
BUT i invested anyway.  laugh.gif  laugh.gif  laugh.gif
AND gold is not property that you can create.  laugh.gif  laugh.gif  laugh.gif
*
Actual gold? yes, it's a property that you can't create.

E-Gold? that's a whole different story kek..
SUSskyblack4492
post Apr 16 2024, 02:47 PM

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QUOTE(hteekay @ Apr 16 2024, 02:47 PM)
Actual gold? yes, it's a property that you can't create.

E-Gold? that's a whole different story kek..
*
E gold no good?
pobox
post Apr 16 2024, 02:49 PM

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Yes. Your Grandsons will thank you
poweredbydiscuz
post Apr 16 2024, 02:50 PM

 
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The inflation of RM itself already make it worth it.
prophetjul
post Apr 16 2024, 02:51 PM

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QUOTE(hteekay @ Apr 16 2024, 02:47 PM)
Actual gold? yes, it's a property that you can't create.

E-Gold? that's a whole different story kek..
*
Indeed. Why has gold gone up these past year?
Look at China buying to increase their gold reserves. Their gold reserves compared with other assets is still very small.
DM3
post Apr 16 2024, 02:51 PM

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Gt mbb egold since 2014, naik almost 3x +
prophetjul
post Apr 16 2024, 02:51 PM

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QUOTE(pobox @ Apr 16 2024, 02:49 PM)
Yes. Your Grandsons will thank you
*
Nope. I will use it myself. laugh.gif
prophetjul
post Apr 16 2024, 02:52 PM

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QUOTE(DM3 @ Apr 16 2024, 02:51 PM)
Gt mbb egold since 2014, naik almost 3x +
*
Mine has increased 11,660/1050 = 11.1 times brows.gif
hteekay
post Apr 16 2024, 02:53 PM

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QUOTE(skyblack4492 @ Apr 16 2024, 02:47 PM)
E gold no good?
*
It's basically NFTs. All in papers.. nothing physical. sleep.gif
WW3 happen then you're F'cked
asrin
post Apr 16 2024, 02:55 PM

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That is price for buying gold..sell gold have less price..
CoffeeDude
post Apr 16 2024, 02:56 PM

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https://www.maybank2u.com.my/maybank2u/mala...and_silver.page?

Buy Kijang Emas 1 Oz coins
SUSskyblack4492
post Apr 16 2024, 02:56 PM

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QUOTE(Ichibanichi @ Apr 16 2024, 02:40 PM)
For long term better get physical gold bullion

if just investment under e-gold, pray hard the service provider doesn't bankrupt
*
Bank will bankrupt?
prophetjul
post Apr 16 2024, 02:57 PM

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QUOTE(CoffeeDude @ Apr 16 2024, 02:56 PM)
Are they available at the counter?
CoffeeDude
post Apr 16 2024, 02:58 PM

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QUOTE(prophetjul @ Apr 16 2024, 02:57 PM)
Are they available at the counter?
*
Yes goto Menara Maybank
CoffeeDude
post Apr 16 2024, 03:01 PM

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Oh yah forgot.
Sometimes no stock.
Better call the bank to check before going.
prophetjul
post Apr 16 2024, 03:04 PM

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QUOTE(CoffeeDude @ Apr 16 2024, 03:01 PM)
Oh yah forgot.
Sometimes no stock.
Better call the bank to check before going.
*
There you go. laugh.gif
Anyway, Menara MB is like 2000km too far for me. laugh.gif
I have too much anyway. Not time for me to buy, but to sell in the near future.
Freshmeat21
post Apr 16 2024, 03:06 PM

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Not worth, cuz UOB selling at 367..

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CoffeeDude
post Apr 16 2024, 03:07 PM

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QUOTE(prophetjul @ Apr 16 2024, 03:04 PM)
There you go.  laugh.gif
Anyway, Menara MB is like 2000km too far for me.  laugh.gif
I have too much anyway. Not time for me to buy, but to sell in the near future.
*
Ah... so you bought so many until Menara MB also no stock biggrin.gif
Ichibanichi
post Apr 16 2024, 03:07 PM

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QUOTE(skyblack4492 @ Apr 16 2024, 02:56 PM)
Bank will bankrupt?
*
China bank suffered tremendous bankrupt pressure
prophetjul
post Apr 16 2024, 03:09 PM

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QUOTE(CoffeeDude @ Apr 16 2024, 03:07 PM)
Ah... so you bought so many until Menara MB also no stock biggrin.gif
*
When i started in 2002, there was lots of coins. No problem. Even 10oz Kangaroos were available at UOB. Cost about RM11,000 the. Now they are worth RM115,000 each. sweat.gif
Nowadays, not so. I have not bought for many years now.
Freshmeat21
post Apr 16 2024, 03:10 PM

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QUOTE(knwong @ Apr 16 2024, 02:42 PM)
Remember this. the more expensive the gold become in the future, the less demand it will become.

Same goes to property...

We all aim for everything to BBB UUU but the demand may not be there in the future
*
Is relative, gold become expensive because cash become toilet paper, you can print money but you can't create gold.
Same goes to land.

You want to keep toilet paper or you want to keep physical gold and land?
prophetjul
post Apr 16 2024, 03:11 PM

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QUOTE(Freshmeat21 @ Apr 16 2024, 03:10 PM)
Is relative, gold become expensive because cash become toilet paper, you can print money but you can't create gold.
Same goes to land.

You want to keep toilet paper or you want to keep physical gold and land?
*
VERY TRUE. thumbup.gif
dawnreaver
post Apr 16 2024, 03:13 PM

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Rather just buy small bars and then store them in the vault.
AthrunIJ
post Apr 16 2024, 03:13 PM

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Kalau gold.

Need to invest in real gold and good place to keep it

🍿🍟🍷👀
Izzet
post Apr 16 2024, 03:17 PM

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QUOTE(skyblack4492 @ Apr 16 2024, 01:51 PM)
Ok or not invest 1g of gold?  Invest Cimb  gold online 1g rm370.80

Inb4 buy high, sell low sei sohai
Inb4 financial planner kena scam 550k
*
Don't get e-gold.. Get this

user posted image

I got this when gold =RM16000 per 100g..back in 2017-18
Now RM40K?!

Noice
zerorating
post Apr 16 2024, 03:19 PM

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takut apa?
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SUSskyblack4492
post Apr 16 2024, 03:20 PM

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QUOTE(zerorating @ Apr 16 2024, 03:19 PM)
takut apa?
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So kaya bank gold?
zerorating
post Apr 16 2024, 03:22 PM

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QUOTE(skyblack4492 @ Apr 16 2024, 03:20 PM)
So kaya bank gold?
*
physical brah.
yenvanilla
post Apr 16 2024, 03:23 PM

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if keep for long term it is surely better than MYR
zerorating
post Apr 16 2024, 03:25 PM

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QUOTE(yenvanilla @ Apr 16 2024, 03:23 PM)
if keep for long term it is surely better than MYR
*
actually, its even better than SGD, USD laugh.gif
i know the price is peaked now, still puchase it anyway.
middle east situation arent getting better.

This post has been edited by zerorating: Apr 16 2024, 03:27 PM
FreedomSeeker
post Apr 16 2024, 03:27 PM

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My late mum left us some gold she bought very long time. I know last time my mum got some money she will buy some gold to keep 1. When i check bak the receipt. 1g = rm50/60 like that. Fuh…
SUSyolldddd
post Apr 16 2024, 03:31 PM

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Only now buy gold

Too late liao lah u sei sohaiiii
zerorating
post Apr 16 2024, 03:36 PM

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QUOTE(yolldddd @ Apr 16 2024, 03:31 PM)
Only now buy gold

Too late liao lah u sei sohaiiii
*
if buy for long term hold, anytime is fine to buy gold.
most are not daily trading betting at 100:1 leverage laugh.gif

farking hell, why i didnt purchase more earlier ranting.gif
Freshmeat21
post Apr 16 2024, 03:37 PM

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QUOTE(Izzet @ Apr 16 2024, 03:17 PM)
Don't get e-gold.. Get this

user posted image

I got this when gold =RM16000 per 100g..back in 2017-18
Now RM40K?!

Noice
*
Based on UOB rates, bank sell rm477 physical vs rm368 account. That's 28% difference

you only need to pay rm11, 520 for that 100g

Izzet
post Apr 16 2024, 03:42 PM

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QUOTE(Freshmeat21 @ Apr 16 2024, 03:37 PM)
Based on UOB rates, bank sell rm477 physical vs rm368 account. That's 28% difference

you only need to pay rm11, 520 for that 100g
*
Err.. I don't know account gold price can be cheaper than physical..
Are u sure it is something that pegged to gold?

If it not reflect actual gold price.. U confidence to buy?
Freshmeat21
post Apr 16 2024, 03:48 PM

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QUOTE(Izzet @ Apr 16 2024, 03:42 PM)
Err.. I don't know account gold price can be cheaper than physical..
Are u sure it is something that pegged to gold?

If it not reflect actual gold price.. U confidence to buy?
*
Your gold account holdings is in grams instead of RM.

It's not cheaper than physical, it's more closer to the market rates.
its physical is more expensive due to the processing and storage fees etc.

user posted image
zerorating
post Apr 16 2024, 03:51 PM

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QUOTE(Izzet @ Apr 16 2024, 03:42 PM)
Err.. I don't know account gold price can be cheaper than physical..
Are u sure it is something that pegged to gold?

If it not reflect actual gold price.. U confidence to buy?
*
pegged by trust in banks. laugh.gif
Izzet
post Apr 16 2024, 03:52 PM

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QUOTE(Freshmeat21 @ Apr 16 2024, 03:48 PM)
Your gold account holdings is in grams instead of RM.

It's not cheaper than physical, it's more closer to the market rates.
its physical is more expensive due to the processing and storage fees etc.

user posted image
*
But the gold bar I don't keep in bank.
I keep it with me.

Still, am I required to pay storage fees? I can't brain.
SUSskyblack4492
post Apr 16 2024, 04:10 PM

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QUOTE(yolldddd @ Apr 16 2024, 03:31 PM)
Only now buy gold

Too late liao lah u sei sohaiiii
*
Kasi chance la macha
SUSskyblack4492
post Apr 16 2024, 04:11 PM

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QUOTE(sunami @ Apr 16 2024, 02:43 PM)
bbbuuu
*
No buy dont red eye yo - messiah god

This post has been edited by skyblack4492: Apr 16 2024, 04:11 PM
SUSskyblack4492
post Apr 16 2024, 04:13 PM

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QUOTE(Izzet @ Apr 16 2024, 03:42 PM)
Err.. I don't know account gold price can be cheaper than physical..
Are u sure it is something that pegged to gold?

If it not reflect actual gold price.. U confidence to buy?
*
All in ok?
Freshmeat21
post Apr 16 2024, 05:20 PM

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QUOTE(Izzet @ Apr 16 2024, 03:52 PM)
But the gold bar I don't keep in bank.
I keep it with me.

Still, am I required to pay storage fees? I can't brain.
*
when the bank sell you the gold they no need to keep stock?
digilife
post Apr 16 2024, 05:28 PM

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This sure WINrar

https://www.habibjewels.com/gold-bars
Izzet
post Apr 16 2024, 05:29 PM

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QUOTE(Freshmeat21 @ Apr 16 2024, 05:20 PM)
when the bank sell you the gold they no need to keep stock?
*
I buy from gold smith shop.
lopo90
post Apr 16 2024, 05:30 PM

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Never too late to invest in gold/ e-gold instead of that so called "digital gold"/future money that so many people are into lately

All. Got burned lately buying in at 70k usd. Now its value 63k and dropping
version46
post Apr 16 2024, 05:31 PM

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yup, +$3000 an ounce by 2025
Efalex
post Apr 16 2024, 05:31 PM

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If you can't hold it, you don't own it....
lopo90
post Apr 16 2024, 05:33 PM

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QUOTE(version46 @ Apr 16 2024, 05:31 PM)
yup, +$3000 an ounce by 2025
*
At the rate things are going locally and globally. I think you're right


Freshmeat21
post Apr 16 2024, 05:50 PM

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QUOTE(Izzet @ Apr 16 2024, 05:29 PM)
I buy from gold smith shop.
*
congrats

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sunami
post Apr 16 2024, 05:58 PM

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QUOTE(skyblack4492 @ Apr 16 2024, 05:11 PM)
No buy dont red eye yo - messiah god
*
btw..gold for long term la...if short term...
invest like forex.....in and out quick laugh.gif
hoonanoo
post Apr 16 2024, 06:01 PM

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QUOTE(Ichibanichi @ Apr 16 2024, 02:40 PM)
For long term better get physical gold bullion

if just investment under e-gold, pray hard the service provider doesn't bankrupt
*
if maybank ok gua
haturaya
post Apr 16 2024, 06:10 PM

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Just hoard Kijang Emas from Bank Negara. Can't go wrong with that.
potatolala
post Apr 16 2024, 06:28 PM

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No. All in btc
kamfoo
post Apr 16 2024, 06:40 PM

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BBB
SUSskyblack4492
post Apr 16 2024, 08:37 PM

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QUOTE(hoonanoo @ Apr 16 2024, 06:01 PM)
if maybank ok gua
*
Sotong bank ok?
SUSyolldddd
post Apr 16 2024, 10:17 PM

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QUOTE(Freshmeat21 @ Apr 16 2024, 05:50 PM)
congrats

user posted image
*
Ayam bought this many years ago

So far ayam all no fake gold

Do note this device have limitations and fake gold does get through IF YOU DON'T KNOW HOW TO USE IT

But if u know how to use it 0% fake gold will get through

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This post has been edited by yolldddd: Apr 16 2024, 10:18 PM
mark_vyz
post Apr 16 2024, 10:35 PM

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If physical gold where to cash in if in need?
zerorating
post Apr 16 2024, 10:48 PM

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zerorating
post Apr 16 2024, 10:52 PM

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QUOTE(mark_vyz @ Apr 16 2024, 10:35 PM)
If physical gold where to cash in if in need?
*
ar rahnu kan ado.

anyway can always sell to some shop/company at lower rate, you need receipt and cert for higher valuation.
bristlebb
post Apr 16 2024, 11:07 PM

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can buy

but why sotong bank
Maniee27
post Apr 16 2024, 11:12 PM

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if dont want hold physical gold, etf like versa gold good option? anyone can input on this?
hoonanoo
post Apr 17 2024, 09:30 AM

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QUOTE(skyblack4492 @ Apr 16 2024, 08:37 PM)
Sotong bank ok?
*
I don't trust sotong bank

I don't have a single cent in that bank.

last time I know someone called their hotline kena hacked by scammers.

that someone was tricked into giving out OTP no.

of course, inb4, never ever give out ur OTP no, not even to the bank officer.

This post has been edited by hoonanoo: Apr 17 2024, 09:31 AM
soul78
post Apr 17 2024, 09:33 AM

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why does always when things are high up off the charts is when pepolz wanna go in?.....

why not you invest last 10 years?. Why invest when gold is at it's highest it has ever been?....

yinnihh la adegan buy high sell low later...


poweredbydiscuz
post Apr 17 2024, 09:38 AM

 
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QUOTE(soul78 @ Apr 17 2024, 09:33 AM)
why does always when things are high up off the charts is when pepolz wanna go in?.....

why not you invest last 10 years?. Why invest when gold is at it's highest it has ever been?....

yinnihh la adegan buy high sell low later...
*
Because 90% of the time gold price is also the highest in the last 10 years lel.
soul78
post Apr 17 2024, 10:32 AM

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QUOTE(poweredbydiscuz @ Apr 17 2024, 09:38 AM)
Because 90% of the time gold price is also the highest in the last 10 years lel.
*
Not when gold price is 7.5 above standard deviation.

 

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