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Staggering Degree of Risk in Crypto, Don Kaufman Says in TV Interview

Bitcoin rebounded to almost 24,000 yesterday, the highest price in over a month. Bitcoin is up 20% in the past week. Is it time to jump back into crypto? A resounding no says TheoTrade’s Chief Market Strategist Don Kaufman.

“There has to be absolute utter despair in the marketplace before we hit a bottom,” Don says in this NTD News interview. Investors who think we’ve hit a bottom and are re-upping crypto investments will find a staggering degree of risk in the near term, says Don.

See the full segment here.

Don Kaufman

Don Kaufman is options trader and educator. Former CBOE market maker, former Chief Derivatives Instructor at thinkorswim, and former Director of the Trader Group at TD Ameritrade. In 2015 he co-founded TheoTrade to teach traders how volatility, probability, and risk really work.

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