Could crypto prices go even lower from here?|
| Editor’s note: Even if you’re not a ‘tech head’, you can probably sense it. A great ‘digital disruption’ taking place in the financial world. Cryptos are just the tip of the iceberg…and our friends at Port Phillip Publishing held a free event to help you understand what’s happening. Read the note below for more… |
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Dear Reader, The recent crypto sell-off flushed out the less-committed traders. Meanwhile, other small investors are doing the opposite. They’re INCREASING their exposure to the ‘new game’. According to data from Glassnode, small holders — defined as those with holdings up to US$37,000 — increased their holdings from nearly 4.8% to more than 5% of total supply during the recent sell-off. But is ‘buying the dip’ a smart move? Could crypto prices go even lower from here? And what about the new field of ‘crypto income’? Click here to watch this. Regards, James Woodburn, Group Publisher |
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