Arca Chief Investment Officer: Cryptocurrencies need a rational value investment model

According to CoinDesk, Jeff Dorman, chief investment officer of New York investment management company Arca, issued a column saying that cryptocurrencies need a rational value investment model. He said that the current trading method of the crypto industry is the same as that of the stock and bond market in the first 300 years. Participants in the industry are simply trying to predict price fluctuations, rather than using basic analysis to determine why a token or token may rise or fall. This has no intrinsic value, but is pure speculation based on technical analysis and is a thorough gamble.