DWF Labs founder "It may be the last low-price buying opportunity amid market pessimism"
Minseung Kang
Summary
- Andrey Grachev, co-founder of DWF Labs, said that even amid a market downturn it could be an opportunity for buying at low prices.
- Grachev said that with everyone reacting pessimistically to the market, now could be this season's last investment opportunity.
- He reported that the recent crypto asset market has seen Bitcoin weaken after Federal Reserve Chair Jerome Powell's remarks about market overvaluation.
As negative sentiment toward the market deepened, Andrey Grachev, co-founder of DWF Labs, issued a message emphasizing investment opportunities.
On the 26th, Grachev wrote on X (formerly Twitter), "Everyone is complaining about the market, but this may be the last opportunity this season to buy at low prices. DYOR (do your own research)."
Recently, the crypto asset (cryptocurrency) market has shown signs of hesitation following U.S. Federal Reserve Chair Jerome Powell's remarks about market overvaluation. Bitcoin at one point slipped below $109,000 during the session.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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