Is it risky to buy bitcoin? Shant Manukyan talked about Bitcoin.
The interest in cryptocurrencies is increasing day by day. The most well-known among cryptocurrencies is Bitcoin, with a value of over 14 thousand dollars.. IS Investment International Markets Manager Shant Manukyan talked about Bitcoin. Saying that investing in Bitcoin depends on one’s risk perception, Manukyan said that most of the cryptocurrencies can go bankrupt.. Here are the important statements Manukyan made about cryptocurrencies.
The size of the crypto money world is over 620 billion dollars.. People’s interest in these coins is increasing day by day.. The most well-known among cryptocurrencies is undoubtedly Bitcoin, which is on the agenda with the loss or increase in value every day.. So what will be the fate of cryptocurrencies in the future? Is it risky to invest in Bitcoin? IS Investment International Markets Manager Shant Manukyan made important statements regarding the world of crypto money.
Five or ten coin models will undoubtedly be with us in the coming years. IS Investment International Markets Manager Shant Manukyan
ARE THE BALLOON rumours TRUE?
About the bubble comments for Bitcoin, “I can’t say it’s a bubble, but I can say this. It is not yet clear how Bitcoin can be priced. In other words, it is not possible to say, ‘I put this in my model, this price came out’ since there is no cash flow like in a normal security.” In his statement, IS Investment International Markets Manager Shant Manukyan said,
But there are two or three important points. If you look at Bitcoin as a network, the value of the network increases as the number of participants increases.. Therefore, when you look at the number of Bitcoin wallets and the price, a logical relationship can be established.. But it’s hard to tell if the price is a bubble. I think it’s too high. But in the end, this is not a balloon like a tulip balloon.. But it can be a balloon like a Nazdak balloon. So what’s the difference? One was permanent, most of the companies went bankrupt. Only certain business models have survived, and those business models now dominate the world.. There are 1400 coins here too. Probably a lot of them will sink, probably there will be very hard falls.. But five or ten coin models will undoubtedly be with us in the coming years.
he used his expressions.
It is impossible to answer the question ‘Should one invest in Bitcoin?’ without knowing the risk perception of the person. IS Investment International Markets Manager Şant Manukyan
SHOULD I INVEST?
One of the most frequently asked questions is whether investing with Bitcoin is the right thing to do.. While answering this question, Shant Manukyan said that one’s risk perception plays an important role.
It is not possible to answer the question ‘Should one invest in Bitcoin?’ without knowing one’s risk perception. Manukyan said, “If an investment instrument rises by 40% in one day and decreases by 30% the next day, it is not an investment instrument for everyone.. It is not a tool that fits the word investment in its dictionary meaning.. Such rapid changes are not considered normal in any portfolio.. But, ‘there is a new technology here. If you say, “I want to learn this technology and risk a certain loss,” then the easiest way to learn or follow this technology is to be in it.. It is very difficult to recommend if you look at the investment word basis.. But to learn this business, you have to be in it somehow.” made his statement.
FUTURE OF THE CRYPTO MONEY INDUSTRY
Making predictions about the future of the crypto money industry, Manukyan predicts that some of the 1400 cryptocurrencies will disappear. found.
When we talk about Bitcoin or crypto money, we actually talk as if they are all the same.. says Manukyan, For example; When we say Nazdak shares, there are technology shares, there are biotechnology shares, there are bank shares.. The same goes for the cryptocurrency world.. Some of the cryptocurrencies, such as Bitcoin, are actually used as a money function.. But some of them are established to facilitate a business model and to streamline the business model.. Therefore, some of these 1400 currencies are a business model, representing a company, yes, some will survive.. Others will disappear because they are purely in the speculative market or marketing business models that will not work.. But it would be wrong to perceive the 1400 coins in the world we call crypto money as if they were a TL, Euro, dollar, Swiss franc.. There is no such thing. he used his expressions.
Does it ALSO BE TRADED ON OTHER EXCHANGE EXCHANGES AFTER USA?
Stating that it is possible for Bitcoin to enter other markets after being traded on the stock exchanges in the USA, Şant Manukyan said,
This is actually an element that also reduces the risk.. Since America is an actor in the financial world, it naturally started there, but there were some supervisory steps taken in Japan and South Korea in this regard.. It will definitely go to other markets as well. he made his statement.
Is IT POSSIBLE TO SEEK RIGHTS ON LEGAL FLOOR?
Shant Manukyan said that as a result of an unlawful act on the blockchain system, there is no chance of claiming rights.
But first let me say this. Theoretically, you can only break a blockchain once you have 51 percent of its processing power.. You cannot apply for any legal basis here.. But investors or those who want to buy and sell can do this. I always recommend this:
After doing this on any platform, you should definitely withdraw it to your own private wallet.. After withdrawing to that wallet, the chances of getting hacked are reduced.. But if the records on the blockchain are changed, unfortunately there is nothing we can do. used the expressions.
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