Today, it cannot be denied that CryptocurrenciesIt is one of the trends that people around the world are constantly attracting more and more attention, especially Bitcoin as a pioneer of the industry for 10 years.
Data from Nerdwallet.com indicates that the current Bitcoin market is valued at $ 969 billion.CryptocurrenciesAround the world there are 6,700 coins in existence.
And in Thailand itself The interest from people is steadily growing, reflected in the number of crypto trading accounts increasing from 150,000 to 600,000 in just a few months.
This time, THE STANDARD WEALTH has invited everyone to come and get to knowCryptocurrenciesMore while looking to the future with 3 industry experts like Supakit Boonsat President of the Thai Digital Assets Association, Poet Wuthemphuwaphat Head of Venture Builder SCB 10X and Eklarp Yimwilai Chief Executive Officer, Zippex (Thailand) Co., Ltd.
Bitcoin is just ‘trend’ or ‘real’?
In the view of Supakrit that CryptocurrenciesLike bitcoins It was built with long-term goals. Bitcoin is still in its ‘immature’ stage, similar to when the internet began to spread. Which still needs to be explained for many people to understand how this will come into our daily life.
“It’s normal for a lot of people to not trust bitcoins. Because still don’t understand what it is Personally, if we do not try to study And quickly judge before you understand Will cut the opportunity for yourself ”
For the future of Bitcoin andCryptocurrenciesWill be just a stream or not. It has to be seen if it can deliver value to people or not.
Poawut added that Even bitcoins are getting more and more talked about. But someone who understands bitcoins orCryptocurrenciesReally, maybe not many Therefore, we should start by studying whether Bitcoin orCryptocurrenciesWhat is it and how do we view it?
Even with various coins A lot happened But first understand that Not every coin is a digital currency.CryptocurrenciesMore and more, everyone should read the White Paper (similar to the investment prospectus) of coins. Because each coin has its own characteristics and properties different.
An understanding of the different aspects will shape our investment approach. As is the case with bitcoin If you look at it as ‘Digital Gold (Digital Gold), as Ray Dalio believes, we may choose to hold a long-term investment. Similar to a VIP investor But on the other hand, if we look at bitcoin as made as a ‘currency’, then personally, it wouldn’t be buying bitcoins. Because I can’t see how it can be
“If measured by personal perception Nowadays, most people really know very little bitcoin because they only know the price goes up or down. Which must be careful ”
While Eklarp believed that Bitcoin has a chance to become Digital Gold in the future after the big companies. Began to trust more As an asset used to diversify (Hedging), in the past there were companies like MicroStrategy, Tesla, as well as big funds BlackRock, chose to partially hold bitcoin instead of cash. The entry of these companies has helped to build confidence in the broader market.
How worried about the ‘broken bubble’ issue?
From the widespread speculation in the marketCryptocurrencies Until pushing the price of various coins Several folds
In the view of the CEO of Zippex (Thailand), that interest in bitcoin andCryptocurrenciesIt is because of the ‘bull market’ condition where the prices of various coins Soared very high Causing people to speculate quite a lot For example, about 80-90% of Zippex’s customers in Thailand are the nature of the deal. More than a long investment.
While the President of the Thai Digital Assets Association pointed out that In the past, I have never seen any assets that have only increased prices. Which is something to be reminded of for those hoping to get rich quickly Because in the past, people were interested in bitcoins with ‘price’ but didn’t care about the content.
What will get us out of the market is knowledge. Coming in with your desire to get rich only is a very risky matter. Before we trade anything You should know and understand the context of that first.
“When the market boom Everything is all beautiful. But if you’ve been through a ‘bear market’ before, you’ll know it’s very cruel as well. Now we buy all the coins. And most of them tend to show only the profitable side Which if we follow without knowledge it will be a huge risk ”
While Kawawut sees that the marketCryptocurrenciesCurrently there is a lot of speculation. While the market is just starting out, volatility is also very high. But after people started to accept more broadly, they began to see more stagnant prices. For those who want to study, maybe try to enter the market. But still should not be too rash and hurt And pay more attention to the subject of learning
The future of bitcoin in Thailand?
The digital asset regulators are now opening up. And giving more importance to the ecosystem of digital asset trading becoming more complete
As the SEC Office allows securities companies to hold digital assets And in the future, they should see companies To hold more. The poet Wut sees that various criteria In Thailand, quite ready But in the end, you have to see when people will be ready. It’s a matter of experience and understanding that takes time.
At the same time, we can see that digital asset trading in Thailand is becoming increasingly broadly discussed. Especially on the online world But in the future Supakrit said It may not be possible to say general trading advice. Because there is going to be a matter of investment advice licenses to be involved
In addition, the more things that will follow are Different types of services Related to digital assets Including the acceptance of companies in Thailand after the SEC previously allowed securities companies to hold digital assets as well.
In the corner of Eklarp CEO of Zippex As a digital asset trading platform, I said It is important to help educate and understand. Along with helping people to reach it as easily as possible If you can do it like this It will help digital assets to be more widely accepted.
You can watch a special talk from THE STANDARD WEALTH, the full version at
Proofread: Lak Nara Phang Peang Chan
–
