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Mirae Asset Chairman Park Hyeon-joo Warns Against Speculative Crypto Trading
Finance · Investment Managers · yonhap_finance · 2026-08-26
Mirae Asset Group Chairman Park Hyeon-joo warns investors against high-leverage cryptocurrency trading, urging a more disciplined approach to equity markets.
What Happened
Warning on Crypto Speculation: Mirae Asset Group Chairman Park Hyeon-joo has issued a stern warning regarding the risks of cryptocurrency trading, noting that few investors profit while many face financial ruin. He specifically criticized the practice of using high leverage or loans to fund speculative digital asset investments.
Disciplined Investment Approach: Park emphasized that equity investments should not be treated with the same speculative mindset as volatile cryptocurrencies. He advocated for a more structured and long-term approach to asset management, promising that Mirae Asset would provide clients with alternative, high-potential investment opportunities.
Strategic Asset Allocation: The firm plans to guide clients toward maintaining a balanced portfolio, suggesting that crypto exposure should be limited to roughly 10% of total assets. By showcasing diverse global investment options, Mirae Asset aims to demonstrate that there are more sustainable ways to generate wealth than speculative trading.
Venture-Style Investing: Park highlighted the importance of viewing stock investments through a venture-capital lens, focusing on long-term growth and innovation. Citing investments in companies like SpaceX, he argued that investors should prioritize fundamental value and strategic conviction over short-term market noise.