Content pfp
Content
@
https://warpcast.com/~/channel/crypto
0 reply
0 recast
0 reaction
99 pfp
99
@99holders
Although we're all focused on $BTC, I bet many retail investors don't actually hold any $BTC. Why do we still care so much about $BTC's price movement? There's only one reason: Bitcoin is the bellwether for the entire crypto market, just like the major indices in the stock market. When Bitcoin is strong, the market is strong; when Bitcoin is weak, the market is weak. Institutions are bullish on Bitcoin because they see stable long-term returns. Retail investors don't buy Bitcoin because their capital is too small. Even if the price increases fivefold in one cycle, it won't change their lives significantly, so they prefer altcoins.
1 reply
0 recast
0 reaction
99 pfp
99
@99holders
Of course, more opportunities come with higher risks. To survive in this market, never fully expose yourself to uncontrollable risks. šŸ’” My advice is to hold both altcoins and Bitcoin. The allocation should depend on your capital, expected returns, and risk tolerance. I entered the market with over $40000, with 50% in Bitcoin, 30% in Ethereum, and 20% in altcoins. My Bitcoin cost is slightly over $20,000, and Ethereum cost is below $1,500. During this crash, I added 40,000 USDT, bringing my total capital to over $90000. However, this time I didn't increase my positions in Bitcoin or Ethereum because altcoins had fallen deeply enough to offer higher potential returns. Worst case scenario: If all my altcoins go to zero, my Bitcoin and Ethereum will still give me a chance to recover. Even in this market, with the gains from yield farming, my fiat equivalent is around $210000. I'm very satisfied with a two-year return like this in the current market conditions.
1 reply
0 recast
0 reaction