BREAKING
326d 14h ago

Surpass 99% of Crypto Participants: Why Holding Bitcoin is the Key to Success

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

On March 17th, COINOTAG News reported insights from cryptocurrency analyst Emperor, who highlighted that the **barrier to entry** in the crypto sector is notably low. He posited that the landscape is populated primarily by **retail investors**, with 80% being transient participants who react to market news. The critical distinction, he noted, lies in the 5% segment of the market that genuinely seeks to succeed. To outperform this remaining fraction, a strategic approach is essential. Responding to these insights, Binance CEO CZ emphasized that within this 5%, around 4% are actively trading or engaging in projects yet often fail to outperform **Bitcoin** itself. He further remarked that adopting a straightforward strategy of holding **Bitcoin** could inadvertently place investors above 99% of their peers in the cryptocurrency ecosystem. Participation in the elite 1% requires significant dedication and expertise.

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