Crypto Investors Are Now Educated, CEO Of Indodax: Not PHOMO Again

Indodax CEO Oscar Darmawan (photo: Dinda Buana/VOI)

JAKARTA - The development of the crypto industry in Indonesia continues to increase every day. The latest data from CoFTRA shows that there are 17.54 million crypto asset customers, with an increase of 490 thousand subscribers per month.

This growth does not seem to be just a PHOMO, but this growth is also followed by the massive education obtained by customers.

"When we talk about crypto assets maybe a few years ago, 4 years ago it was still like that (FOMO). But if we talk about crypto for the past year, this crypto asset has become more mature," Indodax CEO Oscar Darmawan told the media, after the inauguration ceremony of the Indonesian crypto exchange on Friday, July 28 in Jakarta.

According to Oscar, crypto investors are currently equipped with qualified education. Thus, the current number of investors is not just ordinary people who follow the trend.

"We can see that the ups and downs of bitcoin are also getting more stable a day, the most ups and downs of 10 percent or 20 percent, so it's not like in the past, the fomos are like that, now the market is starting to mature and starting to grow up," he said.

Bitcoin Prediction In August

In addition, Oscar also mentioned the prediction of Bitcoin in August, considering that in the last few days the price of Bitcoin had dropped to 29 thousand US dollars.

"I still believe, because we are in the process of going to halving, yes, the process towards halving means that there will be a significant increase," explained Oscar when answering VOI's question.

"Later, precisely after April next year we can see an extraordinary spike at this time. Currently, there is a slight correction," he concluded.