The cryptocurrency market is undergoing changes, with retail investors adapting their strategies. In an interview, Vugar Usi Zade, COO of Bitget, shares insights on new investing trends.
Shift Toward Sustainable Solutions
According to Vugar Usi Zade, retail investing has become more cautious. 'Retail investors’ appetite for risk is much lower,' he stated, explaining that people are becoming smarter with their investments amid economic uncertainty.
Role of Decentralized Exchanges
Usi Zade highlighted that decentralized exchanges (DEX) have become key players in the market, now accounting for nearly 10% of the crypto derivatives market. 'DEXs allow users to tap into opportunities very, very early,' he added.
New Episodes of Bull and Bear Markets
Usi Zade predicted that traditional boom-and-bust cycles in the cryptocurrency market are a thing of the past. Instead, he anticipates the emergence of 'episodes' of growth and decline. 'Bitcoin stands out as an outlier, trading in its own free flow,' he noted.
The changes in retail investor behavior and the shift toward more sustainable solutions indicate that the cryptocurrency market continues to evolve. The new approach of investors highlights the importance of practical applications for cryptocurrencies.
