Don Kaufman on CoinDesk TV: This is not a buy and hold market
TheoTrade co-founder Don Kaufman was on CoinDesk TV to discuss prospects for Bitcoin, considering inflationary and regulatory pressure, and geopolitical risk. Bitcoin is trading like any other asset class, with more volatility, Don says. Don discusses ways to trade the Bitcoin market through innovative crypto-tracking ETFs. He sees high volatility ahead as the crypto asset class matures. He sees a need for investors to consider more than a buy and hold strategy with crypto. Lawrence Lewitinn: Bitcoin’s been slammed over the past couple of hours, and joining us now to discuss the markets is Don Kaufman. He’s co-founder of trading educator, Theotrade. Welcome, Don. Don Kaufman: Thanks for having me on. Lawrence Lewitinn: Thank you. So why do you think crypto taking that on the chin today? Don Kaufman: Well, really all asset classes are, for the most part across the boards, really feels heavy though, specifically this morning. Everything