Cryptocurrency
My Tragic Venture Into Crypto- Huge Loss of 20%+ Investment Into Bitcoin within a Month.
By Investment Income for Life  •  November 24, 2025
Wow, looks like I am really leading a life of salted vegetable. My old curse of stocks plummeting immediately after I bought them, seems to extend into my first venture into Crypto currency. I got my first bitcoin in at around US$110,000 and the price has since plunged to US$86,800 as at November 23, 2025. This is a startling loss of around <-21%>. One fifth of my investment vaporised within a month it seems. I thought that Bitcoin is easy to invest in as there is no financial statements of a company that one needs to go through. Just go with trending and gut feel. With US dollars doomed and going to depreciate, I thought that Bitcoin, with its limited supply, will surely rise in value overtime. Additionally, with so many institutional players now offering Bitcoin products and corporations buying Bitcoin, its value like our Singapore car COEs will only appreciate over time. Well, how wrong I was and it crashed almost immediately....
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By Investment Income for Life
I am an Accountant by training and is currently working in a global MNC in the Supply Chain industry. During my free time, I enjoy reading up on topics such as stock investing, insurance planning and property investment. Since 2012, I have started penning down my thoughts on certain financial matters while striving to achieve financial independence.
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