CryptoTrades — Breaking into Cryptocurrency
Our first installation of CryptoTrades co-hosted with Co. Singapore
Last Friday evening, Crypto Bacon Club (CBC) and Co. Singapore co-organised our first CryptoTrades event targeted at the crypto-enthusiasts of the beginner level located in Singapore.
We would like to thank Co. for the venue and Tangem for being our sponsor for the event. We would also like to thank Jorden Seet and Bong Thai Ming for being our guest speakers to impart their knowledge to our attendees. Stay tuned to more from CBC!
Here are some snippets of the event:
Our guest speaker, Bong Thai Ming, covering the topic of Trading Fundamentals of Cryptocurrency.
Some recaps:
Things Bong look in a coin:
- The basics: Supply, MarketCap
- Marketcap = Coin supply X Price
- A 20 cents coin is not necessarily cheap if you have high coin supply.
- Coinmarketcap.com
- Inflation rate (Too high is not good)
- 10% inflation is not necessarily good
Our next guest speaker, Jorden Seet, covering the topic of Blockchain: Beyond Cryptocurrency.
Some recaps:
There is more to Blockchain than just cryptocurrencies
- Blockchain Applications
- Blockchain-as-a-Service
- Blockchain Solutions
- The benefits of Blockchain are not limited to digital currencies
- Transparency
- Immutability
- Peer to peer — No middleman
Attendees of this event received a Tangem card each, an offline Cold Storage wallet that launched earlier in May, to store their bitcoins. Major thanks to Tangem for sponsoring the cards!
Click here for photos from the event!
Stay tuned to Crypto Bacon Club for the next installation!
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