There is a lot of hype in the markets especially in the crypto world
New products like NFT’s, Defi are currently booming. Now ignore all of this and understand from the layman’s perspective
Most of the people get attracted because of the huge price gains and their urge of getting rich quickly – Retail mentality
Institutions/ Whales – They know the fact that retail traders do not have enough capacity to hold their trades, or it is easier to eat their stop loss
All they must do is put so much money on the opposite side of the market for some time which eventually liquidates the majority of retail traders so that they acquire more Btc at cheaper prices
I cannot give uncertainty on micro plays. No one can
All I can tell you is at the macro level we are 100% bullish as number won’t lie – Institutions are buying, and I am certain
That we will break ATH this year (Mid Nov – Mid Dec) and after that altcoins rush will start – This will be again a huge opportunity to make money
So, the plan is to stay in the spot, ignore futures
U only start allocating a lot more Alts when BTC finishes its run and dominance is overbought or the charts start to show weakness
Remember Altcoins should not be more than 50% of the portfolio. The rest 50% should be Bitcoin – as it directs the market and has the largest market cap – once you start to see the weakness in BTC you should start accumulating Alts, though the alt pump might start in ( Nov end ) not sure the exact time period but most likely the next 6 months we will see huge price movements in the crypto world – Remember do not invest the money u can’t afford to lose – this will make u anxiety-free
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