Posted 1/3/2024, 8:57:29 PM
Ex-Goldman Exec Sees 60% Chance Crypto in Regular Cycle, But Warns 'Total Madness' Could Follow Mass Adoption
- Ex-Goldman Sachs executive sees a 60% chance crypto is in a regular market cycle, 20% chance it's a short cycle, and 20% chance it's a massive bubble
- The belief that crypto is in a shorter cycle is prevalent among investors
- Prices may rise Short-term but the length of the cycle could be longer than expected
- The previous crypto market cycle may have been "stunted" compared to expectations
- There's a chance "total madness" could ensue if everyone starts participating in crypto