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Cryptocurrencies are down 40% in the past 2 weeks, would we invest now? (May 2021)
By The InvestQuest  •  May 23, 2021

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Telegram Group: t.me/theinvestquest (or search “The InvestQuest” on Telegram)Whatsapp Broadcast: Just send “Hello IQ” to +65 8840 2520Facebook Page: The InvestQuest | FacebookLinkedIn Page: The InvestQuest | LinkedIn While we are long-term bulls on blockchain technology and its related cryptoassets, it does feel like the crypto market has gone a bit ahead of itself, having grown 8-fold since the start of 2020 (and that’s after a 40% market cap decline in the past two weeks). The market cap of all cryptocurrencies is now valued at US$1.6 trillion, similar to the market cap of Global High Yield Corporate Bonds! It’s tough to estimate a fair value for cryptocurrencies, since the market is driven by the pace of blockchain adoption, institutional endorsements and regulatory clarifications, all of which are hard to predict. As such, it’s worth framing crypto valuations in relative terms, against each other (and its value...
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By The InvestQuest
The Invest Quest was founded on the premise that the average investor makes sub-optimal investment decisions as a result of information asymmetry. It is our hope that this platform will narrow the information gap against the “smart money”.
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