Interest in crypto paralysis is growing more and more every day. Bitcoin is the most known value in crypto money over $ 14,000. İş Investment International Markets Manager Shant Manukyan talked about Bitcoin. Manukyan said that investing in Bitcoin depends on the risk perception of the person, he said that a majority of the crypto currencies could be invested. Here are the important explanations Manukyan made about crypto money.
IS THE BALLOON STILLLY TRUE?
About balloon comments made for Bitcoin "It's not a balloon, but I can say that. It is not clear how Bitcoin's pricing will be done. "There is no such thing as cash flow, as it is in a normal market, so I can not say, 'I put this model on this price.'" Shant Manukyan, Director of ISI International Markets, said in a statement, "But there are two or three important points. If you look at Bitcoin as a network, the value of the network increases as well as the number of participants. So when you look at the number of Bitcoin wallets and the good looks, a sensible relationship can be established. But it's hard to tell if the price is a balloon. I think it is also high. But eventually this is not a tulip balloon. But it could be a balloon like a Nasdaq balloon. What's the difference? One of them was permanent, most of the companies went down. Only certain business models survived, and those business models now dominate the world. There are 1400 coins here. Probably most of them will sink, probably very hard. But five or ten coin models, of course, will be with us in the coming years. "
SHOULD I INVEST?
One of the most curious questions is whether investing with Bitcoin is the right thing to do. When Shant Manukyan answered this question, he said that the perception of risk played an important role. "Should I invest in Bitcoin?" "If any investment tool rises by 40 percent in one day and drops by 30 percent the next day, it is not a tool that fits an Investment word in the sense of a dictionary," Manukyan says. Such rapid changes are not normally satisfied in any portfolio. But, there is a new technology here. I want to learn this technology and take a look at it, "then it is the easiest way to learn or follow this technology. It's hard to recommend if you look at investment wise on a regular basis. But you have to be in some way to learn this. "
CRYPTO MONEY SECTOR FUTURE
Manukyan, foreseeing the future of the crypto money industry, predicted that some of the 1400 crypto money would be destroyed. "When we talk about Bitcoin or crypto money, we talk like they are all the same," Manukyan said. When we call Nazdak shares, there are also technology shares, there are biotechnology shares, there are bank shares. The same goes for the crypto money world. Some of the crypto money, like Bitcoin, is really used to see a monetary function. But some of them are set up to facilitate a business model, to make the business model fluid. So if a part of these 1400 currencies represent a business model, a company, yes, some of them will survive. Some will get out of hand because they are completely on the speculative market or on the marketing of business models that will not work. But it would be wrong to perceive 1400 CO in the world we call crypto money as if it were a TL, Euro, Dollar, Swiss Franc. There is no such thing. "