Veteran Crypto Trader Shares ‘Bull Market Guide 101,’ Warns: ‘Outperformance Obsession’ Is Overrated
Posted On November 8, 2024
Pseudonymous crypto trader Cold Blooded Shiller analyzed why investors that want to maximize bull market gains should focus on select growth areas instead of diversifying excessively.
What Happened: In a detailed post on X on Thursday, the trader critiqued the prevalent emphasis on “outperformance” during bull markets, arguing that chasing market rotations and attempting to time entries often hinders gains.
Instead, he suggested that investors should focus on a specific area, such as memes, Solana (CRYPTO: SOL) coins, DeFi or any other segment showing growth potential. “Exposure to any mildly relevant coin will result in wins in a bull market,” he added.
Shiller’s strategy highlights the …
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