Tufail@tufail

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There is a clear distinction being drawn between holding Bitcoin and chasing altcoin narratives right now. The speaker admits they do not own Bitcoin, clarifying that this isn't because of any dislike for the asset itself. Instead, the logic is that Bitcoin was great to own during previous bear market periods, but the current phase demands something different. At the start of a bull market, the argument goes that people are believing in more than just global money supply going higher. This means investors are likely to support assets beyond the standard store-of-value play. Consequently, the speaker prefers altcoin stories here because Bitcoin is simply not their primary coin at this specific moment. It's a strategic choice where the coin they hold is determined by what the market believes in rather than a blanket rejection of the major cryptocurrency.

51m

Tufail@tufail

Follow

There is a clear distinction being drawn between holding Bitcoin and chasing altcoin narratives right now. The speaker admits they do not own Bitcoin, clarifying that this isn't because of any dislike for the asset itself. Instead, the logic is that Bitcoin was great to own during previous bear market periods, but the current phase demands something different. At the start of a bull market, the argument goes that people are believing in more than just global money supply going higher. This means investors are likely to support assets beyond the standard store-of-value play. Consequently, the speaker prefers altcoin stories here because Bitcoin is simply not their primary coin at this specific moment. It's a strategic choice where the coin they hold is determined by what the market believes in rather than a blanket rejection of the major cryptocurrency.

51m