Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/john-bollinger-advises-crypto-investors-to-remove-underperforming-assets/" data-wpel-link="internal">John Bollinger Advises Crypto Investors to Remove Underperforming Assets</a><br></p>
<p style="text-align: justify">The creator of Bollinger Bands, <strong>John Bollinger</strong>, provided strategic advice to crypto investors. He emphasized the importance of removing underperforming assets from portfolios. Bollinger’s strategy enables more effective management of investments and enhances overall performance. This approach aligns with Walter Deemer’s investment strategy and is particularly significant in the current market.</p> 
<h2 style="text-align: justify" id="current-analyses-on-bitcoin">Current Analyses on Bitcoin</h2> 
<p style="text-align: justify">Bollinger’s Bitcoin analyses are closely followed by crypto investors. In his latest analysis, Bollinger predicted further consolidation for Bitcoin after a two-candle reversal at the lower Bollinger Band.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-369342 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/btc-11.png" alt="" width="497" height="126"></p> 
<p style="text-align: justify">Bitcoin reversed and rose by 4.73%, initially proving Bollinger’s prediction correct. However, shortly after, Bitcoin experienced a significant drop, falling from $64,000 to $53,500 per BTC, a decrease of approximately 16.21%. This volatility underscored the importance of Bollinger’s portfolio management advice.</p> 
<h2 style="text-align: justify" id="current-state-of-the-crypto-market">Current State of the Crypto Market</h2> 
<p style="text-align: justify"><strong>The current state of the <a href="https://en.coin-turk.com/critical-decision-from-the-uk-will-btcs-on-cryptocurrency-exchanges-be-seized/" data-wpel-link="internal">crypto market</a></strong> highlights the relevance of Bollinger’s focus on wealth management. With over 2.4 million different crypto assets contributing to a total market value of $2.14 trillion, investors can easily become overwhelmed.</p> 
<p style="text-align: justify">Bollinger’s suggestion to streamline portfolios by eliminating less effective assets can help investors navigate the complexities of the crypto <a href="https://newslinker.co/category/science/space/" target="_blank" rel="noopener" data-wpel-link="exclude">space</a> more efficiently. This approach is applicable not only to crypto investments but also to other <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">financial markets</a>.</p> 
<h2 style="text-align: justify" id="effective-strategies-in-portfolio-management">Effective Strategies in Portfolio Management</h2> 
<p style="text-align: justify">Investors can create a more robust and manageable portfolio by focusing on eliminating “fat” or underperforming assets. Since the remaining assets are more likely to be high-performing and stable, this strategy can provide better long-term returns and reduced risk. This strategic approach remains valid in both crypto and traditional investment markets.</p> 
<p style="text-align: justify">At the time of writing, the price of Bitcoin is trading at $58,717. BTC has experienced a recovery of approximately 10% after its recent drop.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/john-bollinger-advises-crypto-investors-to-remove-underperforming-assets/" data-wpel-link="internal">John Bollinger Advises Crypto Investors to Remove Underperforming Assets</a></h5>

John Bollinger Advises Crypto Investors to Remove Underperforming Assets

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