He advises listening to Cobie’s who famously stated earlier in this crypto bull run that investors should focus 70% of their capital in cat themed memecoins, 20% in other animal memecoins and only 10% in all other coins for maximum profit.#13 Traditional Market Rules Still Apply “Even though this cycle differs greatly from previous ones, altcoin growth remains heavily reliant on Bitcoin dominance,” Wacy observed.
Related Reading: From Bitcoin to Altcoins: Crypto Inflows Hit Record $3.1 Billion, Led by Spot ETFs #8 Non-Key Narratives Are Great For Speculation Wacy highlights the speculative potential in less mainstream sectors like Decentralized Science (DeSci).“While it may be less popular, it has been and will continue to be well-pumped,” he remarked, indicating opportunities for more high-risk averse investors.#9 Quantum Crypto Is Gaining Attention “Quantum stocks have surged over 1000% in just one month,” Wacy noted.
The surge in Bitcoin’s price tends to trigger a ripple effect in the memecoin market, leading to significant price appreciations for these tokens, leaving out more fundamentally strong altcoins.#2 Long-Term Bitcoin Holders Are Selling Aggressively Wacy highlighted a notable sell-off among long-term Bitcoin holders.“They have already sold nearly 730,000 BTC over the month,” he noted.
The story "Crypto Expert Unveils 15 Surprising Truths About This Bull Run You Need To Know" has 739 words across 76 sentences, which will take approximately 4 - 7 minutes for the average person to read.
Which news outlet covered this story?
The story "Crypto Expert Unveils 15 Surprising Truths About This Bull Run You Need To Know" was covered 12 hours ago by NewsBTC, a news publisher based in United Kingdom.
How trustworthy is 'NewsBTC' news outlet?
NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.
The outlet is headquartered in United Kingdom and publishes an average of 8 news stories per day.
It's most recent story was published 9 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
