Newbie Crypto FLASH!

It has happened and here is a screenshot for memory. It happened at 3.18pm Singapore Time, 18th June 2022, Saturday.

Bitcoin below USD20k and Ether below USD1k. 

How it will carry on from here, let's see.

Regards, Newbie

This blogpost is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. It does not have any regard to your specific investment objectives, financial situation or any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of your acting based on this information.

Why you should put a small portion of your wealth into cryptocurrencies

By now, many readers are aware that I started into cryptocurrencies at the beginning of the year. It took me a while to dive into this new and rising sector. Currently, I have a significant amount of my assets into cryptocurrencies. Well it happened because I started my portfolio just prior to the BTC peak price of $66k.

Then the mother of all cryptos market crash happened in May. As the market was crumbling, that was when I saw buying opportunities in the segment. I was buying heavily into Bitcoin, Ethereum and various altcoins in the months of June, July and August. 

I still think it is still not too late to start a small portfolio into this sector now. The sector is still at the infancy stage and there are many institutions and wealthy individuals who are coming aboard. There are many on-chain analysis showing that we are about to start a new bull run.

Here I attach some reports and news from the various top banks in the US. They are for your reading pleasure. 

Follow the smart money and do your own due diligence.

Standard Chartered Bitcoin Investor Guide

Standard Chartered Ethereum Investor Guide

JPMorgan Institutional Investors Preferring Ether Over Bitcoin Now

Fidelity The Institutional Investor Digital Asset Study

Bank of America's Crypto Research Debuts: Digital Assets Are 'Too Large to Ignore'

Referral Codes for Cryptocurrencies Trading Accounts

 Dear Readers,

As some of you have already known, I ventured into cryptos since the beginning of the year. Yup such a bad timing to enter the market at the peak. But fret not, when there is a lot of fear in the market, it is a great opportunity to be buying. 

I had set up accounts on various trading exchanges and diversifying my capital into them. I will continue to accumulate various cryptocurrencies in the next few months.

For those who are looking for referral codes, I just put the links below. If you have any questions, just ask me anything in the chat box. Don't miss this great cryptos sale of 2021. And remember to spread your purchases. Good luck!

Binance International

KuCoin

FTX

Gemini

BlockFi

Celsius Network

Crypto.com (Exchange)

Crypto.com (App)