Maximizing Your Bitcoin Holdings through Altcoin Trading
Bitcoin has recently reached an all-time high of $70k but has stalled due to a significant sell wall on exchanges. This sell wall is believed to be an institutional effort to slow down Bitcoin’s ascent while they accumulate more. However, the growing inflow of capital from Bitcoin ETFs is likely to break through this barrier. In the meantime, some investors have started selling their Bitcoin and turning their attention to altcoins. Last week, some altcoins saw gains of up to 120% against Bitcoin.
As the market cycle progresses, the opportunities to increase your Bitcoin holdings through altcoin trading will continue to grow. This blog post discusses this strategy and directs you to a video that provides further insights on how to take advantage of this opportunity to secure your wealth for the future.
The Bitcoin Market Cap is at an all-time high while altcoins are 60% below their ATH. Altcoins are just getting started.
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The Potential of Altcoins:
While the Bitcoin market cap has reached all-time highs, the altcoin market cap is currently 60% below its peak. This indicates that altcoins are just starting to gain momentum and present an excellent opportunity for investors.
Altcoins/BTC Pair Trading:
To make the most of the upcoming altcoin momentum, it is crucial to view altcoins in terms of their Bitcoin value rather than their USD value. The linked video explains how to chart altcoins using Tradingview, a popular platform for technical analysis. If you don’t have a Tradingview account yet, the video also provides a link to create a free account. Upgrading to a paid account offers more advanced features, such as multiple indicators and chart layouts, for those interested in active trading.
By following the steps outlined in the video, you can track the value of your altcoin assets in BTC. This will help you identify the best entry points for altcoin trading and maximize your gains in terms of Bitcoin.
Conclusion:
The next 12 months present an exceptional opportunity for those who have not yet incorporated a Bitcoin strategy into their portfolio. Financial institutions, like Blackrock, are recognizing the power of Bitcoin and recommending significant allocations to it (28%). To ensure you don’t miss out on this opportunity, take advantage of the coming year to educate yourself about Bitcoin, save in Bitcoin, and protect your wealth from the risks associated with government, financial institutions, and fiat currencies.
Remember, this information is not financial or investment advice. It is important to conduct your own research and consider consulting with a professional advisor before making any investment decisions. Act wisely, and secure your financial future with Bitcoin.
View Bitcoin/Altcoin Trading Pair Video
Links & Tutorials
Bitcoin Education Resources
Hope.com – Learn more about Bitcoin and how to use BTC to protect your wealth
The Bitcoin Standard – Book by Saifedean Ammous – a must-read!
The Bitcoin Way – Go bankless! Bitcoin education and services to help you custody your Bitcoin safely and securely.
Swan Bitcoin – Bitcoin exchange, IRAs and institutional-grade custody solutions
River Financial – Bitcoin exchange and institutional-grade custody solutions
Freedom People Resources
People Pay – Accept Bitcoin payments for your business
Chainrecorder – Prove ownership immutably by recording your documents on the Bitcoin blockchain
U.S. Regulated Exchanges (Fiat Onramps)
Coinbase – Using Coinbase Advance Video
Kraken – Using Kraken Pro Video
KYC Credentials Outside the U.S.Â
Palau ID – Foreign residence to pass KYC on foreign exchanges.
KYC Exchanges that Accept Palau ID (Must Use VPN – Costa Rica, Columbia, Mexico, Panama)
No KYC Exchanges (Must Use VPN – Costa Rica, Columbia, Mexico, Panama)
DEXs (Decentralized Exchanges) – Best Wallet To Use
Jupiter – Video Solana Ecosystem – Phantom Wallet
Whales Market – Solana OTC Trade Desk – Phantom Wallet
Thorswap – Swap native assets cross-chain (BTC for ETH etc..) and a very unique decentralized Bitcoin lending platform. Works best with the XDefi Browser Wallet.
Decentralized Bitcoin lending platform. Thorswap Overview Video Loans On Thorswap Video
Osmosis – Cosmos Ecosystem – Rabby, Metamask
Spooky Swap -Fantom – Rabby, Metamask
Trader Joe – Avalanche Ecosystem – Rabby, Metamask
Crypto Market and Portfolio Tracking
CoinGecko for portfolio tracking and up-to-date prices
CoinMarketCap – Crypto Prices
Banter Bubbles – Crypto Prices – Social Sentiment
Trading View – Chart all Markets and trading pairs Tradingview Tutorial Video
Storage – Not your keys, Not your crypto!
Cold Storage Wallets (Secure Long-Term Storage of Your Crypto)
Cold Card (Bitcoin Only) – Video
Hot Wallets (Lower Security – interact with DAPPS and Smart Contracts)
XDefi Browser Wallet – Video1 Video 2
Warning-If you have a wallet and an NFT has been sent to your wallet that you did not mint or purchase.. NEVER click on it. Many have malicious code that can drain your wallet! – BE CAREFUL
Stay Free!
KuryÂ
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