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Author Topic: Why Traditional Traders are Setting Their Sights on Crypto  (Read 226 times)
maydna
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April 09, 2020, 06:40:32 AM
 #21

Many of them will try the crypto market becuse of this global recession. There's also the halving. Many of them are still doubtful on bitcoin and its altcoins, they are only here to try making some good profit. And they will leave once the global market is back or when there is already a cure for COVID-19. But some of them will become interested as well.

Although they are doubtful, if they want to search the other opportunity to make money, they will try it, especially for people who still want to survive in this global pandemic. Let them comes into the crypto market because that can help the crypto market gain something and who knows, with the new player in the market, and it will give fresh air for the market itself. Besides that, that new person can invite their friends who involve in the stock trading to try with the crypto market.
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April 09, 2020, 04:50:55 PM
 #22

Lack of liquidity has been lesser and lesser since 2018 downfall, I know that during the 2017 peak we had huge liquidity and we haven't reached those levels just yet but it dropped to an insane level during 2018 which we are recovering from. So, the rich people and traditional traders saw this and realized that they could go into bitcoin and not really ruin it all by themselves, surely if they get together they would still ruin it but individually they are no longer strong enough to change anything so they are more interested.

I hope more institutional investment comes along, it will allow us to get bigger because those people have networks and connections and that could come in handy when we want to get bitcoin more support from governments.

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Oilacris
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April 09, 2020, 04:59:14 PM
 #23

Many of them will try the crypto market becuse of this global recession. There's also the halving. Many of them are still doubtful on bitcoin and its altcoins, they are only here to try making some good profit. And they will leave once the global market is back or when there is already a cure for COVID-19. But some of them will become interested as well.

Although they are doubtful, if they want to search the other opportunity to make money, they will try it, especially for people who still want to survive in this global pandemic. Let them comes into the crypto market because that can help the crypto market gain something and who knows, with the new player in the market, and it will give fresh air for the market itself. Besides that, that new person can invite their friends who involve in the stock trading to try with the crypto market.
We cant precisely tell if institutional or traditional investors would jump out here on crypto yet theres no sign or new that they would reconsider crypto as part of their holdings or asset.
So the only thing we can depend on is that if the price do shoot up then we can presume that there might or might be none of those new people that invested or traded here on crypto  space.
Its just normal that traders will jump automatically into things on where they do able to look that they can able to make money, no matter what it is.

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April 10, 2020, 08:25:42 AM
 #24

You guys are wrong. Institutional investors ARE investing in crypto, its just in smaller projects with real world use rather than shitcoins and scams.

Look at creditcoin for example, investments by y combinator, 500startups etc

solving real world issues, and utilizing blockchain technology to do so

These are the types of projects institutional investors are interested and investing in.
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