Young & Savvy

I lost money on crypto as a novice. Here's how you can avoid the mistakes I made

Cryptocurrency prices have been sliding lower for some time, even before the rout this month. PHOTO: UNSPLASH
New: Gift this subscriber-only story to your friends and family

SINGAPORE - The first time I invested a four-digit sum was in mid-2019, a year after I started working full-time.

I had read online about the cryptocurrency token XRP and was hoodwinked by numerous comments vouching that it was "heading to the moon".

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.