BTC dominance is still sitting around 59%. A $6.3B exchange hack, $1.5B in liquidations, BTC testing $76k... and still no flush. GIVE US THE BTC DOMINANCE DUMP
Calacanis calling Bitcoin a "dead network" is the most bullish thing l've read this week. - BTC is 35% below its $126k peak - Bitcoin Google searches at a five-year low - He's calling $57k within 12 months Tourists call it dead. Im 8 years in crypto. I pay attention.
Added more BTC as I was saying. Will add a lot more if we somehow revisit below 80k levels. Again, see you at 92k https://t.co/D4UEVe8n0U
We’re seeing a lot of security issues discovered by AI in web2 and finance. I wonder how this shift will impact the majority of projects in crypto created by incompetent devs. Hackers affected crypto before machines were able to do it. New paradigm. If you’re invested in altcoins, be aware. The teams that didn’t put enough emphasis on security will suffer.
The conviction you need to make it in this market is unprecedented…
Bitcoin dominance: 61% You want this to flush in order for your altcoins to go parabolic. Below 50% is the goal.
Stocks I actually believe in: $TSLA Elon literally made a flying car… This man is going for every scifi invention out there. https://t.co/C8ooYJxHgh
When will altcoins have a true run? Over the past few months, we´ve seen good moves on some altcoins, especially the ones that have an active community. The true run begins when we get closer to that 50% Bitcoin dominance, I´ve been saying this for the past two years... Until then, we will have periods of sharp moves to the upside but there is no conviction for parabolic runs until Bitcoin dominance drops below 50% dominance.
I’ve changed one thing and started making money in crypto: Majority of my portfolio is in BTC and ETH, going into every cycle, once these assets show strength I look for opportunities in solid altcoins that have a clear sign of an active community. + Only a tiny percentage of my portfolio is dedicated for a risky low cap plays. And, also it’s worth noting that I try to have 10-20% of my capital in stables for strong moves to the downside, that way I can take advantage of pull backs on Bitcoin, Ethereum and coins that I hold. When it comes to taking profit (or maintaining my stables percentage) I do it on rolling basis as the assets I hold move to the upside, simple sells of 1-2% of holdings happen quiet early in the moves but this allows me to keep my strategy intact.
