Crypto market: Ex-MS chief investment strategist on why she's bullish

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A former chief investment strategist for Morgan Stanley's $300 billion institutional unit shares why she just left to join a crypto indexing firm — and breaks down why the new asset class presents 'a lot of upside' despite the near-term volatility

"As I started learning about that and getting more comfortable," she said,"not only was it fascinating and something that I felt like I needed to be part of, but I did feel comfortable to allow clients who understand the risks that come with it, to invest in it."its qualified wealth management clients access to three bitcoin funds.

"I couldn't resist the opportunity to be involved in developing this space," she said."I think that there's a huge potential for the crypto market. Obviously, that was one of the things behind my move, I see the opportunity here."of all cryptocurrencies declined from a peak of $2.4 trillion in May to about $1.3 trillion as of Friday, but Gunzberg said she was"not at all" concerned about the possibility of an impending crypto winter.

"I'm used to the volatility from alternative assets," she said."I was focused on commodities in probably the worst decade ever for commodities, I was trading equities in the tech bubble burst, I was trading bonds for the Russian bond crisis and sovereign bond crisis... so I feel like the volatility is just part of my whole career."

Because Gunzberg is used to and comfortable with volatility, she sees the similarities between the volatility patterns of crypto and those of other emerging assets in the past. "I think that it's good for crypto to experience this kind of volatility, which is really a test of the markets and they are surviving that test," she said."There are liquidity and volume pick-ups, which are really important also for product availability and hedging capabilities. There's the institutional adoption as regulatory clarity is coming and we're seeing more product approvals and denials.

 

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catgecoinoff 🚀🚀🚀🚀🐱🐱🐱 CATGE best memecoin on the market! 🔥🔥🔥 miakhalifa Cointelegraph Investingcom cz_binance krakenfx MarketWatch CoinMarketCap business CNBC nytimes Forbes engadget

Nice try, to pullout that at this moment... But btc will surely go to 20.000

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