Steve Strongin, Goldman Sachs Investment Research Manager, said cryptic money on the market in the last month, about $ 500 billion, will get worse.
In a report dated February 5, Strongin warned investors that they should be prepared to lose all the value of crypt money. Strongin also predicted that most of the crypto money would not be able to survive the rapid rise earlier.
Recorded sudden fluctuations in prices pointed to "balloon risk", there was no estimate of the duration of serious depreciation in crypt money.
I do not think it will be like that. Okay, there was a balloon on the market. Everyone knows that. But the balloon did not explode just missed the air. Normal plastic balloon. It swells more easily when inflated a second time. The first inflating increases the flexibility of the balloon. The same order is valid within the market.
The balloon lost air, but at the same time it gained flexibility. This indicates that it is suitable for inflation, that is, for investment. So it is up to us to save the markets again. Thanks to the investments of us and whales, the markets will be fully revived. It will return to its old days.