Nick Colas, the first Wall Street brokerage analyst to cover Bitcoin (BTC) extensively, has urged investors to think twice before entering the crypto market, despite the market’s recent rally, in an interview with CNBC May 4. Colas has a well established reputation among Wall Street professionals, having authored Convergex’s popular Morning Markets Briefing for 14 ... During 2017, the instances of ‘Bitcoin’ being Googled as a term increased by 100%. This search volume witnessed Bitcoin becoming the ninth most visited page on Wikipedia for 2017. Nick Colas, Data Trek Research’s co-founder is the first analyst to look at Google search figures to track Bitcoin’s next move: he says that the key […] Wall Street's First Analyst Urges Caution on Buying Bitcoin. Wall Street's first analyst Nick Colas has new recommendations for investors, and he says to avoid buying it. DataTrek Research co-founder Nick Colas told to CNBC that Buying Bitcoin is not the right time for as of now. So it is better to avoid it. Colas has written Convergex’s popular Morning Market Briefing for 14 years and has a well-established reputation among Wall Street professionals. After the collapse of the market earlier in the year, he rejects the idea that investors may now have the opportunity to pass the action again. Colas shared his worry about the relatively small wallet growth […] Nick Colas, Co-Founder at DataTrek Research and the first Wall Street brokerage analyst to cover Bitcoin (BTC), in a recent interview on CNBC’s “Trading Nation” recommends investors to reconsider any investments in buying Bitcoin.. Colas said that the short answer to Bitcoin’s investment is ‘no’ and explained that there are two fundamental reasons that investors need to consider. Bitcoin analyst Nick Colas sees low wallet openings, tells clients don’t buy just yet TOPICS: Bitcoin Colas Wallets. Posted By: Gary McFarlane May 6, 2018. Post Views: 692. Updated 7 May, 18:00 GMT This is what DataTrek Research’s Nick Colas – the first Wall Street analyst to cover bitcoin, starting back in 2013 – has to say about the recent bitcoin rally, which is still pushing to ... So merkte bereits der Wall-Street-Analyst Nick Colas im Jahr 2017 an, dass Bitcoin ein Gateway für viele Anleger ist. Diese Entwicklung sei nicht nur vorübergehender Natur. Außerdem sorge die hohe Marktkapitalisierung für mehr Vertrauen bei den Anlegern. Insgesamt beschreibt Colas Bitcoin als eine Art Einstiegsdroge für neue Anleger. Der Begriff Einstiegsdroge wirkt im ersten Schritt zwar ... Mr. Nick Colas have shown in his research that during the Thanks Giving Day in US and on December 17, the surge of bitcoin. A path breaking research conducted by the co-fouder of DataTrek Research, Nick Colas has found Google Trends in relation to the researches on cryptocurrencies shapes the price fluctuations of a particular cryptocurrency.
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