Cryptocurrency
Speculating in the Crypto Winter Wonderland
By Dr Wealth  •  June 26, 2022
I was feeling nostalgic about the video arcades that I grew up with this June holiday, so I brought my kids to Timezone at Causeway Point so they could play the latest generation of arcade machines. Initially, I thought the tokens were reasonably priced, as $30 of credits gave me $45 of tokens on my Timezone card. But once my two kids started playing with the machines, the credits began to deplete at a ridiculous rate, and we spent about $40 within 30 minutes. $40 for 30 minutes of feeling high for two kids is about the price we pay these days as labour costs and inflation begin to bite the Singapore economy. Still, there is a cheaper way for adults to enjoy themselves. Disclaimer: This is not financial advice. Do your own due diligence and understand your risk appetite. It is no surprise that we are feeling the onset of the Crypto Winter with BTC below $20,000 and ETH below $1,000....
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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