Crypto can be 'more risky' than penny stocks, is easily manipulated - Ronald AngSiy

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 78%

España Noticias Noticias

España Últimas Noticias,España Titulares

Crypto can be 'more risky' than penny stocks, is easily manipulated - Ronald AngSiy RonaldAngSiy crypto bitcoin

- Aside from Bitcoin, Ether, and a few other cryptocurrencies with a high trading volume, investing in crypto is"more risky" than buying penny stocks, according to Ronald AngSiy, COO of CEO.ca, who previously worked as a blockchain expert.

He highlighted that Tesla stock has a market cap of $650 billion, while the entire crypto market only has a market cap of $1 trillion, making crypto"easy" to manipulate. "How that pain is manifested is hard to exactly say, because the crypto market is so small that you could have one or two front-end entities manipulate the price of whole crypto market," he said.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Simply bitter no-coiners who missed the highest gains in the history of investments.... Bitcoin

bitcoinnotcrypto

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 13. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Bitcoin trades near $22,250 as total crypto market cap climbs above $1 trillionCrypto prices staged a recovery in trading on Tuesday, with Bitcoin hitting a daily high of $22,370 while the total crypto market cap is back above $1.02 trillion.
Fuente: KitcoNewsNOW - 🏆 13. / 78 Leer más »