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Bitcoin vs. Altcoins: Lessons from a Squid Game Crypto Story


by Peter Mwangi
for CoinEdition
Bitcoin vs. Altcoins Cautious Take on Crypto Investments
  • Yim Si-wan believes altcoins are too complex and risky for many investors, compared to Bitcoin.
  • Ki Young Ju cautions that the upcoming altcoin season may be more unpredictable than expected.
  • Bitcoin’s growing independence from the crypto market weakens its correlation with altcoins.

Yim Si-wan, the South Korean actor who plays a crypto YouTuber in Squid Game 2, talked about crypto investments. Yim said altcoins are too complex and risky for many investors.

Yim took a cautious approach to his crypto involvement. To prepare for his role, Yim had bought Bitcoin to understand how it works. He didn’t make any money from his Bitcoin investments, but he didn’t lose any either.

His primary goal was to learn about market trends, and he found that altcoins are more complicated and harder to predict. He said that Bitcoin was easier to understand than the altcoin market.

Why the Next Altcoin Season Will Be Different

Crypto analyst Ki Young Ju also voiced concerns about the current state of the altcoin market. Ki explained that the upcoming altcoin season will not follow the patterns many expect.

Even though people seem optimistic, he sees a lack of new liqu…

The post Bitcoin vs. Altcoins: Lessons from a Squid Game Crypto Story appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Bitcoin vs. Altcoins: Lessons from a Squid Game Crypto Story


by Peter Mwangi
for CoinEdition
Bitcoin vs. Altcoins Cautious Take on Crypto Investments
  • Yim Si-wan believes altcoins are too complex and risky for many investors, compared to Bitcoin.
  • Ki Young Ju cautions that the upcoming altcoin season may be more unpredictable than expected.
  • Bitcoin’s growing independence from the crypto market weakens its correlation with altcoins.

Yim Si-wan, the South Korean actor who plays a crypto YouTuber in Squid Game 2, talked about crypto investments. Yim said altcoins are too complex and risky for many investors.

Yim took a cautious approach to his crypto involvement. To prepare for his role, Yim had bought Bitcoin to understand how it works. He didn’t make any money from his Bitcoin investments, but he didn’t lose any either.

His primary goal was to learn about market trends, and he found that altcoins are more complicated and harder to predict. He said that Bitcoin was easier to understand than the altcoin market.

Why the Next Altcoin Season Will Be Different

Crypto analyst Ki Young Ju also voiced concerns about the current state of the altcoin market. Ki explained that the upcoming altcoin season will not follow the patterns many expect.

Even though people seem optimistic, he sees a lack of new liqu…

The post Bitcoin vs. Altcoins: Lessons from a Squid Game Crypto Story appeared first on Coin Edition.

Read the article at CoinEdition

Read More

“Softer Institutional Demand” Trigger for the $837M Crypto Meltdown, QCP Reports

“Softer Institutional Demand” Trigger for the $837M Crypto Meltdown, QCP Reports

Bitcoin is fighting to hold the line at $112,750 this Monday, after a brutal weekend ...
Asia Morning Briefing: BTC Fragility and ETH Rotation Signal Market Bracing for Consolidation Without New Liquidity

Asia Morning Briefing: BTC Fragility and ETH Rotation Signal Market Bracing for Consolidation Without New Liquidity

Retail leverage keeps getting flushed as ETFs log billion-dollar outflows, while whal...