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Existing appraisals for the significant cryptos, including Bitcoin, are "remarkable" and rates need to be much reduced, stated Clem Chambers of InvestorsHub.com.
Chambers told David Lin, anchor for Kitco Information, that there are a number of other tokens to consider, as well as particularly, the DeFi room overall has even more lasting capacity.
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Follow David Lin on Twitter: @davidlin_TV ()
Follow Clem Chambers on Twitter: @ClemChambers ()
0:00 – Securities market
6:05 – Cryptos
14:48 – Reserve bank electronic money
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Bitcoin price should be 'much lower', look for these 'hot tokens' instead - Clem Chambers
Current valuations for the major cryptos, including Bitcoin, are "miraculous" and prices should be much lower, said Clem Chambers of InvestorsHub.com.
Chambers told David Lin, anchor for Kitco News, that there are several other tokens to look at, and in particular, the DeFi space overall has more long-term potential.
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Clem Chambers on Twitter: @ClemChambers (https://twitter.com/ClemChambers)
0:00 - Stock market
6:05 - Cryptos
14:48 - Central bank digital currency
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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