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Coin Bureau buys two Ethereum Challengers, reveals 2022 crypto strategy and updated portfolio

The host of popular crypto outlet Coin Bureau describes its 2022 crypto strategy and says it bought during the market-wide decline this month.
In a new video to his 1.78 million YouTube subscribers, the pseudonymous trader Guy says he has carried on Ethereum (ETH) the competitors Polygon (MATIC) and Fantom (FTM), King Crypto Bitcoin (BTC), Altcoin Cosmos Network (ATOM) and ETH itself during the recent retreat of the crypto market.

“The crypto market basically collapsed [in December], so I did what any sane person would do in a situation like this: I bought the dip. I leaned on BTC, ETH, MATIC, FTM and ATOM. “

Guy says that his round of buying has increased Cosmos Network to 4.5% of his total portfolio.

“If you’re wondering why that’s simply because ATOM is the interoperability hub for Cryptocurrency and some of the largest cryptocurrency blockchains were created with the Cosmos SDK (Software Development Kit). “

ATOM is trading hands at $ 28.21 at the time of writing, down 25.5% from its 7-day low of $ 20.95.

Guy then reveals to be next Portfolio and says it is 31% of ETH, 21.5% of BTC, 13% of the smart contract platform Solana (SOL), 9% of the interoperable Blockchain Polkadot (DOT), 3% of the decentralized network for the Internet comprises of Things devices Helium (HNT) and 3% of the gold-backed cryptocurrency PAX Gold (PAXG).

The host then says that its trading strategy for 2022 is to accumulate cryptocurrencies that have an infrastructure for non-fungible tokens (NFTs) that aren’t smart contract platforms like Ethereum for two main reasons.

“My plan in 2022 is to start crypto projects that will provide the infrastructure for NFTs and their related niches beyond smart contract cryptocurrency blockchains like ETH, and for two reasons.

“First of all, I really believe that NFTs will play a crucial role in the future of cryptocurrency, especially when it comes to things like decentralized digital IDs …

The second reason I plan to pick up NFT coins and tokens has to do with regulations. as said [before], the FATF (Financial Action Task Force) has finalized crypto recommendations [and] It does not recognize NTFs as digital assets, which means that all of the draconian and dystopian things that the FATF is trying to get countries to do don’t apply to NFTs. “

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Source: Crypto News Deutsch

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