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CryptoQuant CEO advises Bitcoin holders to gradually sell, warns of the risks of buying all positions

2024-11-07 07:58
Odaily News Ki Young Ju, CEO of crypto analysis platform CryptoQuant, tweeted that new investors tend to hold Bitcoin in a bear market, and after experiencing losses, they will change hands when the market stabilizes about two years later. He believes that now is the time for this switch, and Bitcoin may rise another 30-40% from the current level, but will not repeat the 368% increase from $16,000. He suggested that investors consider selling gradually instead of continuing to "buy all positions."