Bitcoin

<ul class="news-points"> 
 <li>The Messari founder has suggested an investment strategy for Bitcoin holders amid a potential upward rally.</li> 
 <li>According to Selkis, investors should ideally hold on to Bitcoin for the next few months.</li> 
 <li>Selkis targets Bitcoin’s Free Float Supply MVRV to reach 2-3 in a couple of months.</li> 
</ul> 
Messari founder and CEO Ryan Selkis has <a href="https://twitter.com/twobitidiot/status/1744481716490625304" target="_blank" rel="nofollow">suggested</a> an investment strategy for Bitcoin holders amid a potential upward rally in the expected bull cycle. According to Selkis, investors should ideally hold on to Bitcoin for the next few months, then take some gains as the Market Value to Realized Value (MVRV) crosses 2-3. 
Selkis further advised Bitcoin investors to follow the holding strategy by setting aside half of their investment for taxes and using the other half to “play the hot ball of money game.” However, he summarized that the ultimate aim of Bitcoin investors in the first quarter of 2024 should be to hold and create an investment strategy. 
Multiple respondents to the Messari founder’s post on X (formerly Twitter) commented that the MVRV value has already crossed the 2.0 mark on various analytics platforms. In response, Selkis clarified that the MVRV in his post refer…
The post <a href="https://coinedition.com/hold-bitcoin-for-the-next-couple-of-months-messari-ceo-suggests/">Hold Bitcoin For the Next Couple of Months: Messari CEO Suggests</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Hold Bitcoin For the Next Couple of Months: Messari CEO Suggests

Coin Edition

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