Shares & Derivatives
My Bitcoin and Ethereum Speculation
By My Sweet Retirement  •  December 20, 2017
Previously, I blogged about how to open a Coinbase account to purchase Cryptocurrency such as Bitcoin, Ethereum or Litecoin which has been the hottest topic in town recently. Around 1 week ago, I did my first Bitcoin purchase of S$200. For first time buyers, there is a Buy limit of S$200 imposed by Coinbase. After you done your first purchase, the buy limit will start from zero and increase day by day until it reaches back to S$200. On Monday, I bought another S$200 of Ethereum. My current total speculation is S$400 with gains of S$49.91. That is a gain of 12.48% over roughly 2 weeks. My experiences with Bitcoin and Ethereum are:-
  • Extremely volatile. The price went higher for Bitcoin after I bought it however it was the reverse for Ethereum. The price for Ethereum plunged after I bought it. Thus, you need to have a ...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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