Some young investors get burnt by cryptocurrency crash, regret recklessness; experts raise depression fears - TODAY

SINGAPORE — He was having his breakfast when he looked at the cryptocurrency exchange application on his device and saw to his shock that the price of the Luna tokens he had bought at US$5.28 (S$7.35) was spiralling downwards last Thursday morning (May 12). I…

TODAY spoke to seven Singaporeans, aged in their 20s and 30s, whose investments in TerraUSD and Luna, ranging from S$1,500 to S$6,000, took a tumble last week.  Although some were aware of the risks… [+5065 chars]

full article...