Content
@
https://warpcast.com/~/channel/crypto
0 reply
0 recast
0 reaction
99
@99holders
Although we're all focused on $BTC, I bet many retail investors don't actually hold any $BTC. Why do we still care so much about $BTC's price movement? There's only one reason: Bitcoin is the bellwether for the entire crypto market, just like the major indices in the stock market. When Bitcoin is strong, the market is strong; when Bitcoin is weak, the market is weak. Institutions are bullish on Bitcoin because they see stable long-term returns. Retail investors don't buy Bitcoin because their capital is too small. Even if the price increases fivefold in one cycle, it won't change their lives significantly, so they prefer altcoins.
1 reply
0 recast
0 reaction
