CW8888: So far; on what he had read on those few investment bloggers who were blogging about their "investment" on bitcoins. He doesn't think any of these bloggers are hit badly by current bitcoin crash. That is power of nimble! Bitcoin fell below $10,000 for the first time since November, as a sell-off in cryptocurrencies continued for a second day Wednesday. The world's largest cryptocurrency was trading at $9,958.31 at about 6:50 a.m. ET on Wednesday morning, and was down almost 12 percent in the last 24 hours, according to CoinDesk data. CoinDesk tracks prices from cryptocurrency exchanges Bitstamp, Coinbase, itBit and Bitfinex. It recovered slightly to a price of $10,261.16 at around 8:40 a.m. ET. The last time bitcoin fell below the $10,000 mark was November 30. The red-hot digital asset soared to a record high of $19,343 last month, but has since been on a gradual decline. At its current price, it is now down almost 47 percent from that all-time high. In the last 24 hours, more than $30 billion of value was wiped off of the cryptocurrency.
I am 61 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and retired @ 60 from full-time job as employee.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 2nd year uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Last updated: 3 Sep 2017
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