Eric Chen says the tougher macroeconomic outlook is causing a pullback in cryptocurrencies like Bitcoin and Ethereum, but he is still optimistic long-term. He highlights the importance of diversification and evaluating risk during extended pullbacks. Eric observes that although the crypto space has done relatively well over the last decade, implementation in the larger economic ecosystem is the bigger story.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
Subscribe to the Market Minute newsletter – https://schwabnetwork.com/subscribe
Download the iOS app – https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App – https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling – https://watch.sling.com/1/channel/bb1b75050268416e82a557ff6387bff3/browse
Watch on Vizio – https://www.vizio.com/en/watchfreeplus/catalog/live-tv-channels/3123029569/schwab-network
Watch on DistroTV – https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn – https://www.linkedin.com/company/schwab-network/
About Schwab Network: https://schwabnetwork.com/about
#crypto #bitcoin #volatility #ethereum #blockchain #blockchaintechnology #economy #finance #schwabnetwork #live #cryptotrading #economicnews #macroeconomics