Meltem Demirors Made A Statement About Cryptocurrencies

Famous cryptocurrency analyst Meltem Demirors made a statement about cryptocurrencies. Demirors evaluated the situation of the cryptocurrency market.

As a result of the most recent decline in the cryptocurrency market, the total market capitalization of cryptocurrencies decreased from $ 3 trillion to $ 2.5 trillion. On the other hand, CoinShares CSO Meltem Demirors stated that sudden movements in prices should be seen as an opportunity by investors. In an interview with CNBC, CoinShares CSO Meltem Demirors gave her advice to investors. Noting that such sudden decreases are quite normal and a 10% correction may come before a possible rally, Meltem Demirors made the following statements: “The volatility is part of the opportunity. The markets have been performing really well. Towards the end of the year we see companies making profits. The number does not always rise directly and it is normal to see 10-15% corrections in cryptos before rallies.” Meltem Demirors attributed the latest decline in the cryptocurrency market to the fact that investors took profits from their positions after the sharp rise.     Source: Donanim Haber