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.
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