Bitcoin (BTC) and stands out with his statements and predictions about cryptocurrencies BitMEX co-founder Arthur Hayes He made important statements about his investments in his new blog post.
Accordingly, Arthur Hayes announced that he reduced his cryptocurrency positions due to geopolitical tension and other risks.
in your hand memecoinler Hayes stated that he sold all but one Smoking Chicken Fish (SCF) He said that the memecoin named remained.
BitMEX co-founder Hayes stated that he significantly reduced his altcoin positions as tensions between Iran and Israel began.
“Just because Bitcoin will rise over time doesn’t mean there won’t be intense price volatility, nor does it mean that every memecoin will rise with Bitcoin. Therefore, it would be most logical to adjust the positions appropriately.
So when Iran launched its latest missile attack on Israel, I significantly reduced my positions.
Given the unpredictability of how crypto assets will react to increased hostilities in the short term, the size of my positions was huge.
I knew my position size was too big because I would be pissed if I lost 100% of the money I invested in a bunch of memecoins. That’s why I reduced my holdings of memecoins. The only meme coin I currently own is Church of Smoking Chicken Fish (SCF).”
Arthur Hayes also said that his company, Maelstrom, has not yet instructed Akshat, chief investment officer, to slow or stop distributing funds to pre-sale token transactions.
With the fiat money held by the Maelstrom AthenaHe stated that he will invest in and various less liquid memecoins and will wait for the opportunity to buy.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, Twitter our account and Youtube Follow our channel now! Moreover Android ve IOS Start live price monitoring now by downloading our applications!
Source: https://www.bitcoinsistemi.com/arthur-hayes-biri-haric-elimdeki-tum-altcoinleri-sattim-dedi-bundan-sonra-hangi-altcoinlere-yatirim-yapacagini-acikladi/
