Bitcoin

Merlin Chain

SPACE ID

<p>Crypto investors are often tempted to focus solely on altcoins, lured by the promise of massive returns during bull markets. However, as Trade Travel Chill, a crypto analyst, <a href="https://x.com/tradetravelchil/status/1803317163974951274" target="_blank" rel="noopener noreferrer nofollow">points out</a> in an X thread, neglecting Bitcoin in favor of altcoins is misguided advice. We will discuss the analyst’s thoughts in the following paragraphs.</p>
<p>With over 2.2 million altcoins currently in existence and only one Bitcoin, the odds of picking the right altcoin are slim. In contrast, Bitcoin stands as a singular, reliable choice for investors.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="502" src="https://captainaltcoin.com/wp-content/uploads/2024/06/image-696-1024x502.png" alt="" class="wp-image-511182" srcset="https://captainaltcoin.com/wp-content/uploads/2024/06/image-696-1024x502.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-696-300x147.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-696-767x376.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-696-1536x753.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-696-2048x1004.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-696-306x150.png 306w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-696-100x49.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-696-714x350.png 714w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-696-788x386.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-696.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="reducing-overall-portfolio-volatility">Reducing Overall Portfolio Volatility</h2>
<p>Bitcoin is considered a high-risk investment in the financial world. As such, even a Bitcoin-inclusive portfolio is already inherently high-risk. By diversifying with Bitcoin, investors can reduce the overall volatility of their crypto holdings.</p>
<p>Trade Travel Chill emphasizes that when Bitcoin’s price drops and its dominance (BTC.D) rises, altcoins tend to experience even more severe losses. An all-altcoin portfolio can see losses of up to 40%, while Bitcoin may only be down 10%. Holding Bitcoin mitigates the pain and panic associated with such severe drops.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong><em>Read more:&nbsp;<a href="https://captainaltcoin.com/top-crypto-unlocks-this-week-space-id-id-and-merlin-chain-merl-joins-the-top-7/" target="_blank" rel="noopener noreferrer nofollow">Top Crypto Unlocks This Week: SPACE ID (ID) and Merlin Chain (MERL) Joins the Top 7</a></em></strong></p>
<h2 class="wp-block-heading" id="building-a-balanced-portfolio">Building a Balanced Portfolio</h2>
<p>Constructing a well-balanced portfolio for the bull market involves more than simply choosing between Bitcoin and altcoins. Trade Travel Chill highlights that factors such as age, responsibilities, available capital, and market knowledge should all be taken into account.</p>
<p>Blindly following wealthy influencers can be dangerous, as they may be able to afford sustaining losses and reinvest in bleeding altcoin portfolios, while most investors cannot. A responsible portfolio includes Bitcoin to act as a safety net against potential losses.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="633" src="https://captainaltcoin.com/wp-content/uploads/2024/06/image-697-1024x633.png" alt="" class="wp-image-511190" srcset="https://captainaltcoin.com/wp-content/uploads/2024/06/image-697-1024x633.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-697-300x186.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-697-767x474.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-697-1536x950.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-697-2048x1266.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-697-243x150.png 243w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-697-100x62.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-697-566x350.png 566w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-697-788x487.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-697.png 600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Trade Travel Chill recommends that a balanced altcoin portfolio should include a substantial portion of Bitcoin, followed by high-cap, mid-cap, and a few low-cap “degen” plays. Allocating 100% of one’s portfolio to low-cap plays is considered excessively risky.</p>
<p>The analyst advises that an investor’s portfolio strategy should reflect their age, time horizon, responsibilities, and capital. Those with more time and capital can afford a higher risk tolerance, while those with less time and capital should adopt a more conservative approach.</p>
<p><em><strong>Join <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="aethir" href="https://captainaltcoin.com/go/aethir/" data-shortcode="true">Aethir’s exclusive airdrop</a> and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!</strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/crypto-investors-should-always-hold-bitcoin-btc-in-their-portfolio-heres-why/" rel="noopener noreferrer nofollow">Crypto Investors Should Always Hold Bitcoin (BTC) in Their Portfolio: Here’s Why</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Crypto Investors Should Always Hold Bitcoin (BTC) in Their Portfolio: Here’s Why

Table of Contents

CaptainAltcoin

Other articles published on Jun 19, 2024

From a students’ idea to an ecosystem: Pudgy Penguins NFT collection path

SEC Closes Ethereum Investigation, Affirms ETH as Commodity

Cryptocurrency Polygon Up More Than 7% In 24 hours

North Dakota revokes Binance license amidst Zhao prison sentence

BlockDAG Reaches $51.9M in Presale as Chainlink Downturns Continue Amid Litecoin (LTC) Forecasts ...

SEC Akhiri Investigasi Ethereum, Kabar Baik bagi Industri Kripto

Join our free newsletter for daily crypto updates!