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© Reuters Michaël van de Poppe To Build His Portfolio With More ETH Than BTC
- CEO and Co-founder of Eight Global states he will be building his portfolio with ETH and Altcoins.
- Crypto enthusiasts have responded to Michaël van de Poppe’s Twitter post.
- Poppe predicts BTC will hit 25K if the total crypto market cap reaches 1.2 trillion.
Michaël van de Poppe, Chief Executive Officer (CEO) and Founder of Eight Global, a cryptocurrency education and consultancy platform, shared a post on Twitter with the currencies he was planning on building up his portfolio.
As per the post that Poppe shared, it is obvious that he fancied (ETH) over (BTC) followed by some altcoins.
Building-up your portfolio for the coming months, I’m definitely building it with;– More $ETH than $BTC– $LINK– $ATOM– $BNB– $CHZ What are you adding?
— Michaël van de Poppe (@CryptoMichNL) November 1, 2022
Moreover, Poppe ends his Twitter post by asking his followers what currencies they would be adding to their portfolio.
As a response to the question posted by Poppe, CryptoMocro, a crypto enthusiast posted an interesting answer. CryptoMocro stated that he was willing to lose all low-cap gems (tokens) or wait for a bull run to capitalize on rather than buy Bitcoin and Ethereum and work for his boss.
In his tweet, he stated:
That’s a portfolio for someone who owns millions of dollars. Not for your followers. I rather lose it all with low-cap gems like $KAS $VRA $TRIAS $CHNG $XDB $RIO with the chance to make x100-x1000 next #bullrun than buying $BTC $ETH $ATOM $BNB and keep working for my boss
Notably, in a later Twitter post, Poppe states that the total crypto market cap could dip and then rise following the same trend since 2019. As per the trend, a small fall in the total market cap was followed by an uptrend. In addition, he states that if the above-stated trend was to happen, then the next immediate-higher level would be 1.2 trillion.
Expecting a retest of the 200-Week MA on the Total market capitalization for #crypto.And then we’re good to test higher levels. First stop; $1.2T. This means #Bitcoin around $25K. pic.twitter.com/AQzCv9cYii
— Michaël van de Poppe (@CryptoMichNL) November 1, 2022
He furthermore predicts that if the aforementioned trend was to be followed then BTC would hit $ 25,000. Although Poppe is bullish about BTC, the reason for his preference for ETH over BTC is not clear.
The post Michaël van de Poppe To Build His Portfolio With More ETH Than BTC appeared first on Coin Edition.
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Image and article originally from www.investing.com. Read the original article here.