Investing at least 5% of your assets in #Bitcoin is recommended by Paul Tudor Jones, and institutions and talking heads are already going absolutely bananas... Do you have any thoughts on where this will lead to Bitcoin? Is it moon time?
Just imagine what happens if a famous whale or some rich guy like Elon Musk puts 5% of the asset in Bitcoin, it will be such a great thing. Bitcoin price will move based on that bit what worries me will be the after effect of such action. Token prices are always at a risk when a fee individual holds a large chunk of that token because of easy dumps. I like a situation where individuals hodl small quantities. In terms of sell off, the dump will not cause much damage to the market. Therefore, I'm against Tudor Jones' advice.