Hold or Sell? How Professionals Decide When to Exit Crypto Markets
As the turbulence continues to shake up the global financial markets, the cryptocurrency market is once again getting very close to the traditional equity market. As per CoinDesk, Citi has confirmed that the connection between bitcoin price and the stock market has very much grown, while ether has recorded high levels of short term volatility.
However, bitcoin’s volatility remains below its one-year average, where sharp price swings driven by broader economic uncertainty have returned. In this situation, investors are forced to consider a very important question, which is when is it sensible to be patient, and when will it be a wise move to sell crypto assets?
Portfolio Strategy
The consensus…
