According to crypto analyst Lark Davis, “a crazy bull run” will continue to exist in the cryptocurrency market for the next six months. Here are the analyst’s views and predictions on the cryptocurrency market.
In addition to the promising “bull run” news, Lark Davis also warned investors in his statement. According to the analyst, investors should be wary of the speculative assets that exist in the market, but they should also pay attention to those that can bring profit. altcoin stated that they should also give to the market.
“Fasten your seat belts, we are at the beginning of a new bull run in the crypto market!” Davis thinks the next six months could be “crazy” in the crypto space:
“The next 6 months/9 years in bitcoin and crypto will probably be crazy! Many of you will have the opportunity to completely change your financial destiny.”
While Davis made these statements, cryptocurrency The world is worth over $2.6 trillion in total, surpassing its all-time high. Bitcoin hit an all-time high of $67,000 following the launch of the ProShares Strategy Bitcoin ETF earlier this week. On the other hand, large-cap altcoins like Ethereum also continued to rally strongly, increasing the overall value of the cryptocurrency market.
Another piece of advice to investors, Davis said, “Let the winners run, or even double or triple them and cut down on the losers. Do it ruthlessly, there’s ZERO glory of owning bags of salt for years.”
According to Davis, Bitcoin could make investors up to 20x more money in the next 10 years, but some altcoins may do so much sooner. According to the analyst, “analysts are for “to do” and BTC is for holding.”
Emphasizing that the cryptocurrency market is quite volatile, Davis emphasized that many people push themselves until they lose all of their money and either make a loss by panic selling or not make enough profit, and suggested that the opposite should be done.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.