- Park Hyeon-joo warned that investing in cryptocurrency with borrowed money can be “almost ruinous.”
- He said cryptocurrency exposure should be limited to about 10% of total funds and that investors should avoid using borrowed money to buy highly volatile assets.
- Mirae Asset is pursuing diverse investments globally, and Park said the firm would show that there are other paths to strong returns beyond coin investments.
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Park Hyeon-joo, chairman of Mirae Asset Group and its global strategy officer, warned against using borrowed money to invest in cryptocurrencies,…
