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RE: LeoThread 2024-12-08 12:48

in LeoFinance2 days ago

Part 4/7:

To navigate these swirling narratives, it's crucial to highlight a key factor impacting altcoins: the dominance metric. For those involved in altcoin investments, understanding Bitcoin's market dominance becomes imperative. A drop below 46-47% dominance could serve as a warning signal to protect portfolios, potentially by reallocating 30% into stablecoin assets.

Stablecoins serve as a safety buffer for a majority of investments. While some may prefer to remain in traditional currencies such as the Brazilian Real (BRL), the emphasis remains on securing stable value during volatile market phases. Regardless of the specific stablecoin in usage, the focal point is to be prepared for potential pullbacks in asset values.

Understanding the Broader Economic Context