MAS advises extreme caution in investing in crytocurrencies. Is it too good to be true?

Dear friends,

Source: www.theedgesingapore.com 19 Dec 2017

Another manic chase for crytocurrencies could be damaging to your portfolio. Usually when things are too good to be true, its better to avoid or walk away.

Crytocurrencies may not be a suitable asset class to invest in as it is not backed by a government and cannot be valued as an asset. Most people saw the rise and hope to jump in. However, most of them may not realize that this could be a bubble that is about to burst. If you truly desire to enhance your returns, pls contact me instead of blindly chasing the mirage above.

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