Cryptocurrency
5 Key Crypto Lessons Learned From Crypto’s Craziest Year Ever
By Learn To Invest  •  November 20, 2022
Cryptocurrencies have had a wild ride in 2022. Numerous unforeseen occurrences have occurred, and the history of cryptocurrency has changed drastically in recent years. For instance, popular cryptocurrencies like Bitcoin and Etherum have since fallen by more than 60%. In May, we saw the collapse and depegging of Terra/UST. This was then followed by Celsius and 3AC Capital’s failure in June. The recent collapse of FTX and Alameda was one of the biggest surprises that occurred in November, shocking many people. For the past 2 years, FTX has grown to become one of the largest centralized exchanges. As a result, this FTX collapse has undoubtedly impacted investors’ faith in cryptocurrencies. Comparing centralized exchanges to other risky cryptocurrency initiatives, they have always been seen as relatively safer investments. It’s been a wild week for crypto, but this is just another interesting part of its 4.5-year long story. It just goes to show you how volatile and unpredictable the space can be....
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By Learn To Invest
Not an investment genius, but someone who is learning and sharing my findings on personal finance and investing. I have amassed my knowledge through internships, amazing mentors and books. I developed this blog to document my investment path and demonstrate to the general public that anyone can learn to manage and increase their own money with the right framework of investing and thinking. In that spirit, I intend to share my thoughts and opinions as open as possible in this blog. Because of familiarity and my knowledge with the SG companies, I began my investing in SG markets in 2019. I eventually expanded to invest in the Hong Kong and the United States markets.
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