Wamendag Jerry: Education For Crypto Investors And Traders Is Very Important

Deputy Secretary of Commerce Jerry Sambuaga (Photo: Instagram @jerry.sambuaga)

JAKARTA - Deputy Secretary of Commerce Jerry Sambuaga said that education to investors and traders is very important to understand the character of cryptocurrency or cryptocurrency. According to Jerry, crypto assets must be studied." So when deciding to dive into crypto trading should also understand the risks in addition to its profits," he said, quoted Friday, May 21.According to Jerry, each instrument and commodity trade has its own character. In addition, the scope of crypto is also wider because of worldwide and realtime. Price factors can be influenced by various things that can be long or short term. Therefore, said Jerry, investors and traders are required to always be up-to-date and agile with market psychology. According to him, education can be done by institutions or entities related to crypto as well as with the initiative of investors and traders themselves." So in crypto trading investors and traders are expected to have a high initiative to learn and update themselves with a variety of info that develops quickly," he explained.

Meanwhile, education on crypto trading by institutions such as Bappebti and crypto trader companies, according to Jerry is directed to strengthen crypto literacy itself. The literacy in question not only understands how crypto and blockchain work but also the aspects of its benefits and risks. Jerry said, this is done so that people who want to enter the crypto world become understanding and rational and not emotional." It is very dangerous if the trade is emotion-based alone. There is science both economically, technically and psychologically. That's what investors and traders have to master," he said. In the future, according to Jerry, the Ministry of Trade will encourage education on crypto, in cooperation with other institutions both government and private. Jerry also hopes that the world of education, especially universities, also has a special space to develop the literacy of trading digital assets including crypto. As is known, crypto trading has been trending for several months with regards to its enormous benefits and potential. Its value continues to soar. In Indonesia per trading day has reached more than Rp5.5 trillion. No wonder many people are flocking to try to profit from crypto. Bappebti is developing various protection instruments for parties involved in crypto trading. It is expected that with such instruments crypto trading can be more clearly legally. In addition to developing various instruments of the Ministry of trade through Bappebti also continues to encourage education on crypto. According to Jerry, this education will continue to be done and expanded so that crypto can be optimized for its benefits.