While the market is currently experiencing a correction, I believe Velo will reach the 4 cent mark and potentially go even higher. However, my end goal for Velo, and generally for my entire portfolio, is to sell and rotate into existing assets if Velo hits above 15 cents while other assets remain stagnant.
I have a rule that I usually adhere to: my 100% is typically 80%, with the remaining 20% reserved for unexpected gains beyond my expectations.
Regarding the broader market cycle, I have concerns that this cycle might mirror 2017. Back then, BTC reached an all-time high (ATH) and shortly after, in December 2017, altcoins surged dramatically through January 2018.
I feel this way for two reasons:
BTC is at an ATH similar to 2017.
Trump has stated his objective to have a BTC reserve of 1 million. Do you think they will buy the majority of the 1 million at the current price, or will they tank the market, which is already at a peak in many sectors?
I have a rule that I usually adhere to: my 100% is typically 80%, with the remaining 20% reserved for unexpected gains beyond my expectations.
Regarding the broader market cycle, I have concerns that this cycle might mirror 2017. Back then, BTC reached an all-time high (ATH) and shortly after, in December 2017, altcoins surged dramatically through January 2018.
I feel this way for two reasons:
BTC is at an ATH similar to 2017.
Trump has stated his objective to have a BTC reserve of 1 million. Do you think they will buy the majority of the 1 million at the current price, or will they tank the market, which is already at a peak in many sectors?
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