BREAKING
329d 18h ago

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

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

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.

Share News:
Don't Miss Breaking News