Arthur Hayes, the co-founder of the BitMEX exchange, recently published an article on his personal blog — detailing about the current crypto market scenario, Bitcoin’s price, the FTX fiasco, lending firms and his top four crypto picks to “hold” in this volatile bear market — so as to reap the benefits when the tides turn.
Arthur’s Top Four
According to Arthur, it’s in these bear markets, serious investors need to hold on to assets which not only appreciate in value when the market turns green, but also generate yield as a token holder.
Read More: Bitcoin Price Crash! Arthur Hayes Makes Bold Price Prediction
He picks four of his preferred cryptos which he further categorizes into two sections: “Reserve Assets” & “Super-Powered Assets”. Under Reserve Assets, he picks the number one cryptocurrency by marketcap, Bitcoin, and Ethereum following it. The two other cryptocurrencies which make it to this Super-Powered Assets are LOOKS and GMX.
Key Is Yield Generation
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