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by Permit
3083 days ago
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>Overvalued? Its possible but I think the entire crypto market is actually insanely undervalued. I was talking to my financial advisor the other day and he said pretty much 100% of people now are asking him about crypto and are considering putting money in. This seems like it is just the start. Ask him how many of those same people consider using it as a currency. I suspect they will remain interested in it so long as they hear about incredible gains and Bitcoin millionaires. I suspect that when the hype dies off (say if cryptocurrency prices were to stabilize) they would not be holders of any cryptocurrency the same way they are not holders of Yen, Euros, CAD, USD etc. for the purpose of investment. |
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