MAKING BANK ·
Subscribers

Some lessons learnt from day trading in cryptocurrencies

Ivan Xu, 25-year-old computing and information systems major, strongly believes in the cryptocurrency ecosystem and what it hopes to achieve

CRYPTOCURRENCIES have been a polarising topic among investors ever since they gained mainstream attention.

On one hand, some believe that cryptocurrencies are purely speculative and cannot be used reliably as a store of value or a unit of account. Others, however, maintain that these pieces of virtual code hold immense potential as we begin to live more of our lives online.

Personally, I have always viewed the concept of cryptocurrencies as a libertarian's fevered dream come to life, where value is based on the hope that money may one day be free from the shackles of centralised authorities.

So I was particularly intrigued when I saw a former primary school classmate of mine on Instagram sharing...

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes