JAKARTA - The Indonesian stock market, which is reflected in the Composite Stock Price Index (IHSG), has experienced significant fluctuations in recent times.
In fact, there was a trading stop after the JCI fell more than 5 percent to the level of 6,076.08 on March 18, 2025. This condition prompted investors to look for investment alternatives, one of which was crypto assets.
Regarding this condition, CMO Tokocrypto, Wan Iqbal, gave his view that the dynamics of the stock market and safe haven assets such as gold and Bitcoin have significant differences.
"Bitcoin is down 5-10 percent in a day is normal, but the JCI which is a combination of the best company shares in Indonesia experiencing a 5 percent movement has had a big impact," said Iqbal.
In the midst of stock market uncertainty, Iqbal said that diversifying investment assets was a wise step to maintain financial stability. One option that can be considered is the crypto market.
According to him, one of the advantages of crypto is the existence of stablecoins, namely digital assets whose value follows the US Dollar or gold. This provides convenience for novice investors who want to invest in crypto without experiencing high volatility.
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In addition to stablecoins, Iqbal added, crypto assets with strong fundamentals such as Bitcoin are also an option for investors who want to start with more stable assets before exploring assets with higher volatility.
"This trend can be seen from the increasing number of new investors that Tokocrypto entered the Indonesian crypto market, starting with safer assets before expanding their portfolio," explained Iqbal.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
