Bitcoin rallies again, Reku and Bappebti remind investors to make wise decisions

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Xoken.org – Bitcoin, the most popular crypto asset, has strengthened again after briefly correcting from its all time high (ATH) level. Based on CoinMarketCap, Bitcoin is currently at the level of 65,925 US dollars or the equivalent of Rp. 1.3 billion, up 5.37 percent in a week.Chief Compliance Officer (CCO) and General Chair of Aspakrindo-ABI Robby said the Bitcoin rally was certainly accompanied by increasing euphoria among investors, traders and the wider community. Based on Reku’s discussions with users, most of them are very enthusiastic because the price of Bitcoin has touched above IDR 1 billion.”The potential for price increases in the future is still open. This means that Bitcoin holders are currently enjoying this price increase and waiting for Bitcoin to print the latest ATH,” said Robby in a statement, Saturday (9/3/2024).

Apart from investors and traders, the general public’s interest in crypto assets has also increased due to the soaring price of Bitcoin. It cannot be denied that Bitcoin’s performance has also invited a lot of discussion in society.

“Not only in Indonesia, but also on a global scale. This moment also has the potential to become a departure point for new investors to invest in crypto assets. So it can be said that crypto assets are increasingly becoming an investment diversification option, not just a complement,” said Robby.

However, Robby emphasized that people should always remember the main principles in investing, namely understanding and literacy. Reku hopes that investors and potential investors can make decisions carefully and wisely.

“Avoid rush and FOMO. Do research first to find out the use of a coin, the development team, the project, and the use cases,” said Robby.

In line with Robby, Head of the Commodity Futures Trading Development and Development Bureau of Bappebti, Tirta Karma Sanjaya, said that in the midst of this bullish trend, people also need to make sure they invest on platforms that are safe and registered with Bappebti. This is important to ensure that every transaction and investment made by the public is protected by regulations.

Bappebti also carries out supervision through a comprehensive approach to registered platforms. Starting from utility crypto assets (utility crypto) or asset-backed crypto assets (Crypto Backed Assets) to the Analytical Hierarchy Process (AHP) method set by Bappebti.

“However, if people carry out crypto transactions outside platforms registered with CoFTRA, it is very unfortunate because they do not get this protection,” said Tirta.

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