MultiversX Tracker is Live!

What % does BTC comprise in your portfolio?

All Cryptocurrencies

by COINS NEWS 49 Views

Everyone seems to be cautiously optimistic about BTC these days. The next BTC halving is coming fairly soon. An analytics firm called Glassnode shares that BTC is currently trading slightly above long term holders' cost basis - what this means that we've entered the second stage of the bull cycle called โ€œtransition' (after capitulation but before equilibrium and euphoria). And who can forget how the Former Coinbase Chief Technology Officer (CTO) created a stir by making the bold claim that Bitcoin would hit $1 million by June 17 this year? Regardless of whether he was making a publicity stunt, the fact that he staked his reputation on BTC shows how salient this asset is in the minds of retail investors.

Suffice it to say that people are looking to BTC to pump in the near future. In regard to that, are you increasing the proportion of BTC in your portfolio? Or are you taking the long-term view and looking to accumulate BTC at your own pace?

submitted by /u/cryotosensei
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
๐Ÿ’ฐ Install these recommended apps:
๐Ÿ’ฒ SocialGood - 100% Crypto Back on Everyday Shopping
๐Ÿ’ฒ xPortal - The DeFi For The Next Billion
๐Ÿ’ฒ CryptoTab Browser - Lightweight, fast, and ready to mine!
๐Ÿ’ฐ Register on these recommended exchanges:
๐ŸŸก Binance๐ŸŸก Bitfinex๐ŸŸก Bitmart๐ŸŸก Bittrex๐ŸŸก Bitget
๐ŸŸก CoinEx๐ŸŸก Crypto.com๐ŸŸก Gate.io๐ŸŸก Huobi๐ŸŸก Kucoin.



Comments