"Bitcoin and cryptocurrency is too confusing"

If you say that to me - I 100% agree with you.

The first time I went onto cryptocurrency, I had it easier because my best friend, Hendri Kamarudin, helped me order and kept for me. Gradually, I wanted to do it myself because I didn't want to impose on him, so I started reading to pick it up.

My - it was bloody confusing.

  • highly fragmented system: send my physical money (fiat) to a dedicated exchange that specializes in fiat-to-Bitcoin/ETH, and then wire the Bitcoin/ETH to other exchanges to buy other ALTCoins
  • storage of Bitcoins, Ethereum and ALTCoins
  • don't get me started on Initial Coin/Token Offerings, which is equivalent to IPOs and crowdfunding

And a lot more.

There was a lot more monitoring than I though, listening to the crowds, reading reddits and blogs. There was also lots of discussions.

100% agree that it's confusing

I also invest in dividend stocks, and it's so easy. For dividend stocks its so easy.

  • Wire monies to my trading account (I use Lim & Tan, if you looking for a trading account, sign up here for a bonus)
  • Do the trade myself or get my broker to trade
  • The stock goes into my Lim & Tan account
  • When dividends are issued, it goes straight into my bank account, like magic

The reason i still will invest some % of my cash holding to bitcoin

Despite cryptocurrency being very fragmented and confusing, I still recommend that you (if you can), invest up to 10% of your cash holding to Bitcoin (since 26th October 2017, I sold off all my ALTCoins to hold just Bitcoins for the long run - less management, less monitoring etc and read my three reasons why Bitcoin is going to boom in 2018 and beyond)

The reason for this is because Bitcoin cannot be ignored any further.

Bottomline is this: Bitcoin is here to stay, institutions are coming in, government may even approve a Bitcoin ETF etc. When that happens, it's going to be mainstream in the "physical world" (right now, it's mainstream in the digital world).

Where to next?

Head to Home Page

Start with these:

  1. Start Here
  2. FIRE Manifesto
  3. FIRE 101 and
  4. The Passive Income Lifestyle Framework.

They are my recommended to start with articles that ties in the entire framework, philosophy and working model of FIRE Lifestyle

Save-Earn-Invest More Articles

  1. Ruthlessly Cull Unnecessary Expenses
  2. Respect The $10s
  3. Small Tweaks To More $10s
  4. $150K+ By 35 - Reality Or Delusion?
  5. Start An Online Side Hustle With Solo Build It
  6. Start Investing For Passive Dividend Income In Just 3 Days
  7. How To Retire With $3 Million
  8. Invest To Spend On Luxury & Liabilities (Whatever You Want*)
  9. Shocking Maths Of Early Retirement (It's Less Than You Think)

See more Save, Earn & Invest More articles here.


  1. Contact me by email at (even just to say hi) at nigel@nigelchua.com
  2. See the latest articles and updates at the blog
  3. Check out my resource page to see the tools I use
  4. See my top two resources for online business below: Wealthy Affiliate (left) and Solo Build It (right) - both have very specific strengths and functions

Wealthy affiliate: #1 to learn how to build profitable wordpress online businesses

Wealthy Affiliate is my recommended for WordPress online businesses.

I've been a premium member of Wealthy Affiliate since 2015 and there are a number of pros to be with them, which you can read at my Wealthy Affiliate review here.

One of my favorite points of WA is that they have a try-before-you-buy forever-free membership which you can sign up here for free. No credit card needed.

solo build it (sbi): #1 for offline businesses local search engine ranking, traffic and lead generation

Solo Build It (SBI) is my #1 tool for local search engine optimization (SEO) domination as well for online marketing which I've been using since 2010 personally for multiple projects.

Read why I chose Solo Build It...

...and more importantly, why I still stay with Solo Build It (SBI) till today and use them exclusively for all my SEO, traffic and e-lead generation.

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