🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
What Should Be the Ratio of Bitcoin (BTC) in Portfolios? Experienced Analyst Peter Brandt Explained the Best BTC Strategy!
Bitcoin (BTC) and cryptocurrency market analyses shared by experienced analyst Peter Brandt, who is followed by investors, made a new post.
Peter Brandt, with 50 years of experience, explained how the ideal portfolio distribution should be for investors, arguing that trading is the wrong path and choice for 95% of people.
Brandt states that some people should focus on real-world skills instead of trading on the screen or making quick profits, and recommends a monthly investment.
At this point, the master analyst states that people should focus on their daily lives and recommends investing 80% in the S&P 500 and 20% in Bitcoin.
Peter Brandt's portfolio allocation is not a sign of an anti-Bitcoin stance. In fact, it is a clear indication that Brandt still sees BTC as an important part of his long-term portfolio strategy and values Bitcoin.
It is clear that the message Peter Brandt is conveying here is about balance. While the analyst believes that Bitcoin is an ideal asset for making money in the long term, he argues that BTC should not be at the center of investments.
Peter Brant warned in an analysis he conducted in recent weeks that Bitcoin could form a double top pattern above $100,000 and experience a significant crash.
Brandt reminded that Bitcoin had the potential to form a double top pattern in 2022, resulting in a significant decline of 75%. According to the pattern, the double top was at 110,000 dollars, with a low level of 75,000 dollars taken into account before the formation of the second top. In this context, according to the analyst, if BTC breaks below 75,000 dollars, it would mean the formation of this double top pattern and could lead to a 75% decline from the peak.
*It is not investment advice.
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