Lack of Trading Hurts Crypto, Don Kaufman Tells CoinDesk TV

Lack of derivatives is hurting crypto, TheoTrade Chief Market Strategist Don Kaufman told CoinDesk TV in this “All About Crypto” segment. “As a trader, I want to be able to get in and out of a trade in seconds,” Don said. “With crypto, you can only go long or short. You’re throwing matches in a pool of gasoline in this market and the correlation between Bitcoin and the NASDAQ has broken apart lately, except on the downside. I don’t see the upside of betting on Bitcoin in this current market.”

See the full segment here.

OR: Watch on YouTube here.

OR: Watch directly on CoinDesk TV here

 

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