Part 4/8:
The host introduced a categorized investment strategy that breaks down different tiers of cryptocurrencies and how to approach profit-taking and risk management:
Tier 1: Bitcoin, regarded as a foundational asset in many portfolios, is typically viewed as a long-term hold, similar to digital gold.
Tier 2: Solid projects like Ethereum and Solana, which warrant careful consideration for long-term holding while selectively taking profits.
Tier 3: Newer or less stable projects that require more aggressive profit-taking strategies while still performing due diligence.
Tier 4: High-risk investments like meme coins and speculative tokens. The advice here is to take profits quickly to ensure that initial investments are secured.