Smart, smart moves, man. BTC is the only long term play there is in this space. I'm also gonna rotate into BTC at some point, just better not miss my time window...
Yeah, getting people into crypto is not easy, that's for sure! This bull run is mainly driven by institutional interest. I think retail is still shell-shocked after the previous run! 😅 Give 'em time, maybe they get into it, maybe not, but they've got Bitcoin and that's the main thing.
I think the biggest plays now are the treasury stocks and crypto companies. A bunch of retail went there because of ease of use and they don't want to mess with the complexities and risks of holding crypto. I mean, I am currently holding 200 shares of MARA selling covered calls on them in my main family fund. Might actually grab another 100 more shares on Monday.
But in my own crypto portfolio, I am keeping it tight these days and getting out of most alts, or in case of LTC, DOGE, XMR, and HIVE, I am earning those to get more BTC, lol.
True, retail appriciates simplicity. I'm also watching treasuries, especially those build around the coins I hold. The latest, Galaxy Digital/Mill City Ventures $450M Sui treasury just launched. HYPE has smaller ones. I'm gonna stay focused and betting on large caps during this cycle: SUI, SOL, HYPE. Exit early next year or so.