Skip to content

Placeholder partner: Current market resembles early bull market opportunity, advises long-term investors to systematically accumulate tokens.

Oct 19, 18:30

October 19 - Placeholder co-founder Chris Burniske stated in a post that long-term investors should not repeatedly agonize over entry or exit, but should systematically and continuously accumulate tokens, and not confuse long-term investing with short-term trading. He advises investors to use their most successful investment target as a reference and calculate target holdings based on the proportion of total network token supply.

For example, ETH's total supply is approximately 120 million tokens. If one previously held 10 ETH, then calculated by network holding proportion, SOL (total supply approximately 636 million tokens) corresponds to about 53 tokens, and TIA (total supply approximately 1.16 billion tokens) corresponds to about 97 tokens. If one wishes to hold a TIA network share 10 times the original ETH holding share, then about 970 TIA would be needed.

For ZEC, since its supply is similar to BTC, one can also use their ideal BTC holding quantity as a reference to set ZEC accumulation targets. Regarding the current market, Burniske pointed out that many crypto assets have fallen 20% to 40% or more from their highs, while BTC's decline is still less than 10%.

He is more inclined to believe that BTC's previous relative resilience has already caused assets with lower market risk appetite to undergo substantial adjustment, so the current situation looks more like an opportunity in an early bull market rather than a warning signal of a bull market trap. However, he also reminds investors to consider the possibility of further price declines, and suggests deploying remaining cash in batches, deciding the corresponding allocation ratio based on the probability of different price levels becoming local bottoms. Even if some preset price levels are not reached and cash remains at the end, that is acceptable. During market downturns or early bull market pullbacks, continuously accumulating target assets with a high-conviction method is more important than repeatedly judging market rises and falls.

Source