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


by Peter Mwangi
for CoinEdition

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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

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Coins

$ 89.87K

-0.23%

$ 1.58

$ 0.203

Share:

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Bitcoin’s year is usually narrated through the dollar chart, a familiar frame that ca...
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Bitcoin vs. Altcoins: Lessons from a Squid Game Crypto Story


by Peter Mwangi
for CoinEdition

Share:

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

In This News

Coins

$ 89.87K

-0.23%

$ 1.58

$ 0.203

Share:

In This News

Coins

$ 89.87K

-0.23%

$ 1.58

$ 0.203

Share:

Read More

Bitcoin is failing its most important test, and an 11-month slide proves the “store of value” is broken right now

Bitcoin is failing its most important test, and an 11-month slide proves the “store of value” is broken right now

Bitcoin’s year is usually narrated through the dollar chart, a familiar frame that ca...
Bitcoin Price Prediction: Trendline Loss Puts $90k Support at Risk

Bitcoin Price Prediction: Trendline Loss Puts $90k Support at Risk

Bitcoin trades near $90,500 at press time, after spending another session pinned belo...