You are viewing a single comment's thread from:

RE: Institutional FOMO Reaches All-Time Highs as Mass Mutual and Other Major Players Buy Bitcoin and ETH

in LeoFinance • 4 years ago

For the institutions, I am not sure it is FOMO. Most of them are rather conservative so they often wait until markets "mature". Bitcoin is still very immature for their liking.

That said, the Mass Mutual move was a big step because it is an insurance company, not exactly known for their risks.

The likes of Fidelity are still on the sidelines with their investment dollars. When those types of companies get involved, then we will see the fun begin.

Posted Using LeoFinance Beta

4 years ago in LeoFinance by
$0.00
    1 vote
    Reply 1
    Sort:  
  • Trending
    • [-]
     4 years ago  

    You've got the right idea. These are some VERY smart and wealthy players in the game.

    Posted Using LeoFinance Beta

    $0.00
      Reply