Don't miss it! The next key point of Bitcoin DCA, traders' views first

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As 2024 draws to a close, the cryptocurrency market is experiencing a heated debate about investment strategies. With the price of Bitcoin (BTC) hovering around $96,000 recently and the market dominance rising to nearly 60%, some traders believe that altcoins may be a better choice.

Here is an overview of the key views:

Trader's view: The potential of altcoins and the limitations of Bitcoin

Anonymous trader Dyme's view

Altcoins have a better risk-reward ratio (R/R) combination than Bitcoin. Emphasizing that "the era of Bitcoin DCA (dollar cost averaging) investment is over", it is recommended to turn to an accumulation strategy for altcoins. Looking ahead to 2025, Dyme predicts that the altcoin market will have "stupid" upside potential, and specifically mentions that memecoins like Dogecoin (DOGE) may provide higher return opportunities.

Soap Capital CEO Tyler Durdan's opinion

Durdan said that "the next step will be brilliant" and believed that the current stage may be the last stage of the cycle, suggesting that altcoins still have great investment potential.

Cinneamhain Ventures Partner Adam Cochran's opinion

Cochran mentioned that the possibility of the United States' strategic reserve of Bitcoin is low, which may limit BTC's short-term growth space. He predicted that other crypto assets will benefit from regulatory clarity, new product launches (such as the return of ICOs), etc., thereby attracting liquidity in the BTC market.

The sustainability of the DCA strategy

A survey by Kraken showed that 83.5% of investors use the DCA strategy, and although Dyme believes that this is no longer suitable for Bitcoin, 59% of investors still regard it as the main way to buy cryptocurrencies. The advantage of DCA is that it reduces the risk of market volatility through phased investment, and the current market structure may be more suitable for assets using this strategy to shift from Bitcoin to other tokens.

Strong risk tolerance: You can consider investing in altcoins, especially memecoins or emerging public chain projects with high potential. Conservative investors: continue to hold Bitcoin and wait for cyclical opportunities.

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