Home

Conversations

  • Announcements
  • Improve How I Manage My Money
  • Grow & Protect My Nest Egg
  • My Home and I
  • Ready for Retirement
  • Kids & Family Matters
  • Banking Help & Support
  • Everything Fun

Learning Units

  • Bank
  • Cards
  • Insure
  • Borrow
  • Invest
  • Learn
  • Marketplace
  • ATM & Branch
  • You are in Personal Banking
    • DBS
    • POSB
    • DBS Treasures
    • DBS Treasures Private Client
    • DBS Private Bank
    • DBS Vickers Online
    • SME Banking
    • Corporate Banking
    • About DBS
    • Covid-19 and beyond
  • Back to DBS
DBS logo
DBS logo
Login
  • Home
  • Conversations
  • Learning Units
    1. digibank
    2. GIRO
    3. Travel Insurance
    4. Loan
    5. Swift Code
  • Login to
    Community
Announcements Improve How I Manage My Money Grow & Protect My Nest Egg My Home and I Ready for Retirement Kids & Family Matters Banking Help & Support Everything Fun
  1. Home
  2. Improve How I Manage My Money
  3. Invest
  4. Cryptocurrency
  • JS
    jsimwj
    last edited by

      No I don't feel safe investing as I have the perception that the value of cryptocurrency is rather volatile.

      1 Reply 0 Reply
    • JU
      JuJu
      last edited by JuJu

        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:

        1. Shortlist the cryptocurrency. Just realised there are ton of them
        2. Exchange. Ton of them also
        3. Wallet. Didn't know that there are so many kind and each has different pro and con
        4. Basic technical knowledge of each cryptocurrency. Each of them have their uniqueness and not knowing some of this may result u losing ur holding
        1 Reply 1 Reply
      • AL
        ALCH
        last edited by @Johnny

          @johnny BINANCE.SG if you wanna hodl your crypto

          1 Reply 0 Reply
        • AL
          ALCH
          last edited by

            bUY THE DIP

            1 Reply 0 Reply
          • MO
            Moon
            last edited by

              Never invest money that you can't afford to lose

              1 Reply 1 Reply
            • EC
              EC
              last edited by

                me tooo!!

                1 Reply 0 Reply
              • TR
                tradingbunny
                last edited by

                  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.

                  1 Reply 0 Reply
                • PS
                  PSmeow
                  last edited by PSmeow

                    All the buzz around this has increased my interest and wariness at the same time. Where a should crypto-newbies start?

                    1 Reply 0 Reply
                  • HeyAnna
                    HeyAnna administrators
                    last edited by @GH

                      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.

                      1 Reply 0 Reply
                    • JO
                      John
                      last edited by @ponie4prez

                        @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.

                        1 Reply 1 Reply
                      • GE
                        getitgt
                        last edited by

                          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

                          1 Reply 0 Reply
                        • JO
                          Johnny
                          last edited by

                            What is the easier platform to trade cryptocurrency?

                            1 Reply 0 Reply
                          • LZ
                            Lzguangzl
                            last edited by

                              Trying to learn, so went in a little bit

                              1 Reply 0 Reply
                            • GH
                              GH
                              last edited by

                                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? 🤔

                                1 Reply 0 Reply
                              • FR
                                Freddy
                                last edited by

                                  Just a little bit but it's been very volatile

                                  1 Reply 0 Reply
                                • SM
                                  SmartyPnats
                                  last edited by

                                    Bought into an ICO from a local company called Enjin and their coin $ENJ back in 2017.
                                    I believe back then when I bought into the ICO, it was less than $0.02. Currently it is at ~1.30USD. 😊

                                    1 Reply 1 Reply
                                  • PO
                                    ponie4prez
                                    last edited by

                                      Haven’t bought anything yet but wow the recent buzz is quite crazy. What are people buying / where are the best platforms to do so?

                                      1 Reply 0 Reply
                                    • YS
                                      ys112
                                      last edited by

                                        anyone bought dfi?

                                        1 Reply 0 Reply
                                      • ZE
                                        Zeroonezero
                                        last edited by

                                          I'm into cryptocurrency! How do you normally identify what is buy?

                                          1 Reply 0 Reply
                                        • SU
                                          Susanrocks
                                          last edited by

                                            no. price change like crazy depending on Elon Musk or whatever hacks went through to steal the coins.

                                            1 Reply 0 Reply
                                          • First post
                                            Last post

                                          More related Conversations

                                          • China’s tech sector impacted by recent regulatory tightening; big changes are expected
                                          • [CIO Fridays] What are the implications of economic growth normalising, and what are some winning investment I.D.E.A.s?
                                          • S$1,000 digiPortfolio transaction to qualify for Invest category of Multiplier
                                          • How do I buy bonds that are already in the market?
                                          • What is the best investment vehicle now?
                                          • Invest in US or SG market?
                                          • Bitcoins and cryptocurrency?
                                          • Have investing tips or precautionary tales for new investors? #CommunityShareTime

                                          DBS & POSB Communities

                                          • Communities Guidelines|
                                          • Self-Service Banking
                                          • Terms & Conditions|
                                          • Privacy Policy|
                                          • Fair Dealing Commitment
                                          • ©2021 DBS Bank Ltd|
                                          • Co. Reg. No. 196800306E