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I’ve been wanting to open an account and try buying crypto..i just don’t understand the economics of it.
Who and what determines their value? It still boggles me.
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80% of my net worth is in Crypto. Where my fellow moon bois at?
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how to tell when is a good time to buy? any courses on how to read the charts?
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@psmeow binance.sg or gemini. If you want to trade instead of hodl, use binance.com then.
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@yeechwan said in Cryptocurrency:
what is the price target for doge?
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No I don't feel safe investing as I have the perception that the value of cryptocurrency is rather volatile.
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i wanna start to invest some, but i just realised that there are a lot of thing i will need to know before investing one:
- Shortlist the cryptocurrency. Just realised there are ton of them
- Exchange. Ton of them also
- Wallet. Didn't know that there are so many kind and each has different pro and con
- Basic technical knowledge of each cryptocurrency. Each of them have their uniqueness and not knowing some of this may result u losing ur holding
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@johnny BINANCE.SG if you wanna hodl your crypto
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bUY THE DIP
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Never invest money that you can't afford to lose
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me tooo!!
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I only put some side money into crypto, very volatile and the lows can last for quite a while (like recent May’s drop). Cannot be greedy and hoping the price will always to the moon, so need to get out once made decent profit.
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All the buzz around this has increased my interest and wariness at the same time. Where a should crypto-newbies start?
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This is definitely something people are chatting about now, but of course with all investments you need to do adequate research, see if it's aligned to your goals etc.
Glad you brought it up. Gonna jump in for the facility question, @GH! DBS launched Digital Exchange for investors in December 2020. You can read more here.
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@ponie4prez I use Binance! But the easiest one for me was coinhako. Its just that deposits take a bit longer, can do less stuff and got less coins options.
But the mainstream coins that people talk about are pretty much in hako.
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Honestly quite scared to make the jump! Not even sure if I can part with that extra money I set aside for it in the first place lol
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What is the easier platform to trade cryptocurrency?
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Trying to learn, so went in a little bit
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Is it the right time to buy crypto as the rate is going down? What are everyone's thoughts? Heard DBS is offering some facility for crypto, what's that?
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Just a little bit but it's been very volatile