There's a vibe of excitement in every corner of the crypto space, it's not only for the BTC & ETH holders anymore... in fact almost every altcoins that I have been pumping significantly in the past few days.
We are in for a crazy ride and it's going to be a much crazier altcoin season!
Something tells me that 1000% pump is not even the number that we are about to expect. We might see a price rally to the tune of x2, x3, or even x10 of that.
Now that the institutional money is pouring into the crypto space, it seems that the top 1% of the world's richest people are diversifying a small percentage of their wealth into cryptocurrencies. That's going to be a different game than the previous bull run of 2018. This time it's not only the retail investors who are playing, the super-rich are getting involved as well. Large corporations are taking the plunge as well and that's a really exciting thing to happen in the crypto space.
The real question is... "What are you going to do with that?"
To be followed by...
"Are you going to take your profits this time?"
"When is the best time to do so?"
I recall...
During the 2018 bull run, I was only involved in Steemit and only hold $Steem. Even after it reaches the $7 price, it never occurred to me that I should make something out of the situation until this time.
Learning from that mistake, I have diversified to different types of crypto. A variety of crypto projects with different use-cases and reward mechanisms.
And if my crypto investment will turn out to be great on this round, I think it's wise to take something out from it and diversify even further to real-world investments like equities or bonds or stocks, especially from companies or corporations who are also diversifying their funds to cryptocurrencies.
That sounds like a good "indirect" barter to me :)
How about Tesla?
Yeah..it’s a good idea to be diversified. I even hodl some TsLA, but that might be more like holding more Bitcoin now. Soon, It will be hard to find companies not invested in Bitcoin.
Good for you buddy! Keep hodling, TsLA might spike in a similar fashion as how Microstrategy did.
good question. I wonder whether we are still at the beginning of the bull run, right in the middle or already close to finishing. Even we knew decision making would be easier