This millennial invested in Bitcoin and isn't deterred by the recent crash

SINGAPORE — After peaking near US$69,000 last November, Bitcoin has been on a wild ride and it’s now hovering around the US$30,000 mark. And let’s look at the performance of other cryptocurrencies — there was the stablecoin disaster and Luna’s stunning crash.

“This is the only investment that I have studied and am quite familiar with. I think that you should understand what goes on behind the investment that you are making. Also, I like the fact that I can buy as little or as much Bitcoin as I want,” she said. I also saw Facebook making the name change to Meta, which is a huge bet on Web3 as well. Facebook has the best and brightest of the industry doing the research on what the next wave of technology would be. If they are willing to change their name and strategy, then that’s a pretty good indication of where technology is headed as well.Going into Bitcoin, many people have warned me that it’s volatile and unpredictable.

The last type of research I did was on Bitcoin itself as a project and how it works. The technology of Bitcoin just amazes me, and this is what keeps me on Bitcoin, even with its ups and downs. I love that it challenges the current monetary system. The blockchain technology behind it is amazing as well. It’s also interesting that there are charts that parallel the growth and adoption rate of Bitcoin to the early years of the internet and Amazon.

Remember in late 1999 when some of 'the best and brightest' from Silicon Valley were heading for the hills to avoid the catastrophe that would come with the end of the Millenium?

I’ve been following Sotb12cMaria tweets serious . I advise to forget about Bitcoin prediction l and start making holding now because the future valuations are all speculations. When BTC reports are bearish, start buying!!! “keep it simple “.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ukraine urges more world pressure, says it repels Russian attack on eastern cityKYIV: Ukrainian President Volodymyr Zelenskyy told global business leaders on Monday (May 23) the world must increase sanctions against Russia to deter other countries from using 'brute f Ukraine belongs to the world after the war...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Bitcoin vs. Gold: How do both assets compare as a store of value right now?It's a never-ending debate. We'll help you get some answers.
Source: YahooSG - 🏆 3. / 71 Read more »

Crypto crowd dominate Davos main street despite price crashDAVOS, Switzerland : A free bitcoin pizza stall and a 'Liquidity Lounge' were among the treats on offer for attendees at this year's meeting in Davos, where blockchain and cryptocurrency firms have taken over its main street, despite a recent crash in digital coin values.Executives from the crypto sector
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Andy Lau apologises for plagiarism issueThe actor's recent Audi ad was accused of plagiarising content of a Chinese vlogger
Source: YahooSG - 🏆 3. / 71 Read more »

Central African Republic to launch bitcoin investment platformBANGUI : Central African Republic will launch the continent's first legal cryptocurrency investment hub, the presidency said, extending the impoverished country's embrace of digital finance despite words of caution from the International Monetary Fund. Marred by decades of conflict, Central African Republ
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China's Huayou Cobalt to invest $300 million in Zimbabwe lithium mineHARARE : China's Zhejiang Huayou Cobalt plans to invest $300 million on rapid development of a lithium mine and processing plant at its newly acquired Arcadia project in Zimbabwe, according to company documents seen by Reuters on Tuesday.Huayou, one of the world's biggest producers of cobalt, recently com
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »