If there’s one certainty about crypto, it’s the unprecedented volatility it has demonstrated throughout its history. As well, that QUALITY coins outperform over time – and those without use cases (or, created solely to pump and dump) lose value on an absolute basis, and relative to Bitcoin.
This year’s altcoin bear market has demonstrated this in spades, though I expect a lot more “transformation” of the crypto Top 100 in the coming months – ESPECIALLY in light of yesterday’s crypto crash, that will unquestionably increase investor skepticism about “sh-tcoins,” and bargain hunting for QUALITY ones.
One of the few coins with a viable, defensible use case; scarcity; active development; a near record hash rate; growing, devoted mining and investor communities; and numerous short- and long-term catalysts is Bitcoin Rhodium…PARTICULARLY now, ahead of the October 1st XRC wallet snapshot date - at which point, the fourth quarter’s “Strong Hands” in-kind dividend qualification will be set.
This quarter, the yield will be DOUBLED – which, given that essentially no Strong Hands wallets have seen negative balance movements in the program’s first two quarters (we’ll shortly learn of the third quarter statistics, which are likely similar), should translates to a whopping 12% annual yield. Moreover, the anonymous dev team plans a second Strong Hands-related announcement imminently – that likely, will portend well for those holding at the October 1st snapshot.
In crypto, as all markets, rebalancing one’s portfolio is an ongoing process – that typically, is best utilized during major market explosions and plunges, when the largest degrees of over- and undervaluation occur. In my view, shifting out of slowly dying coins into emerging winners like Bitcoin Rhodium, is a wise course of action during today’s chaotic trading conditions, with Tuesday’s XRC wallet snapshot looming just ahead.
Bitcoin Rhodium currently trades on HitBTC, Changelly, p2pb2b.io, WhiteBit, Trade Satoshi, Fat BTC, Sistemkoin and Bisq. If you have questions about anything XRC-related, including OTC trading, please email me at ahoffman@cryptogoldcentral.com, or DM/PM me on Twitter or Discord.