A new poll is in the latest crypto news, centered around the community and its approach in investing in Bitcoin (BTC) and other cryptocurrencies. It’s true that everyone has their favorite coin and the opinions and trading strategies vary. However, the poll showed that among the entire crypto population, two-thirds of investors have the majority of their funds invested in Bitcoin (BTC) – known as Bitcoin maximalists.
In the poll, it was revealed that the Bitcoin maximalists are here every single day – and 68% of the crypto investors prefer Bitcoin while the altcoins are an afterthought and seen as a major risk.
Shared on Twitter by the crypto analyst Dave the Wave, this poll was perfectly timed – while Bitcoin is stable and altcoins are rising – but did not show something that we didn’t know. Even though some of the people say that 1,700 votes are a criteria that is too low, the poll suggests the optimal balance between users.
Of the options available for respondents to choose from was “all in BTC,” “all in alts” such as Litecoin or EOS, “30% in BTC, 70% in alts,” or “70% BTC, 30% alts.”
So say a newbie has a sum of money to invest for the next 4 years in Crypto. What would you suggest?
— dave the wave (@davthewave) March 10, 2019
The overwhelming majority voted that leaning heavily towards Bitcoin allocation is the best portfolio, while having at least some exposure to altcoins. A whopping 42% of the respondents voted this way.
The next section were traders with a little more than a quarter of all votes – standing at 26% – which said that Bitcoin is the all-in trading pool in their wallets. Next up with 22% of the votes is the recommendation of people who invested 30% in Bitcoin and 70% in other coins, followed by the last group which was going all in on altcoins and summed up to only 10%.
All of this lets us see that there are more Bitcoin maximalists nowadays. In the poll, the number of Bitcoin maximalists that responded clocks in at 68% of all the 1,700+ votes, leaving the remaining 32% either only or primarily focused on altcoins.
And while Bitcoin is for many the best long term crypto investments, it is worthy to mention that the altcoin season is up and there are multiple surges for many altcoins – even some you have never heard of.
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Trump Rival Presidential Candidate To Make US A Bitcoin Nation
“Blockchain can change the world if we let it. […] Our nation pioneered the Internet. We use smartphones all day every day to move money, to buy goods and services, to share our innermost thoughts, and participate in public life. So it’s pure cognitive dissonance to believe that we cannot extend this further into our democracy and our economy.”Another presidential candidate Andrew Yang is also accepting crypto donations but he is slowly losing his support after tweeting that ‘’cash is king.’’ Both of the candidates are a long-shot in the race against Trump but they are hoping to get the vote of the crypto community. Swalwell offers broad ‘’support’’ for the blockchain technology and Yang has an entire policy platform based on the idea of crypto. As mentioned in the coming altcoin news, Swalwell will not accept corporate ‘’PAC money’’ in his campaign. Politicians were quick to demand a well-regulated and established crypto economy while there was almost no improvement in the regulatory sector in the country. The nature of the federal government towards cryptocurrencies has made other countries become the perfect crypto hub for crypto companies. Experts around the world think that a summary ban on crypto could increase the prices for cryptocurrencies and the demand would also increase. However, the more things are urging to change, the more nobody does anything about the crypto climate.
AT&T Telecom Giant Starts Accepting Bitcoin Payments For Your Phone Bills
‘’We’re always looking for ways to improve and expand our services [and] we have customers who use cryptocurrency, and we are happy we can offer them a way to pay their bills with the method they prefer.’’Currently, crypto payments are only limited to bill payment and AY&T didn’t explain whether the customers will be able to use their crypto to purchase smartphones and other accessories online or at the stores. All of the customers who are interested in making a crypto payment should simply select the BitPay option as a preferred payment option when they login to their accounts or simply go through the myAT&T app. As reported in the latest cryptocurrency news previously, AT&T is not the first US-based titan corporation that started accepting crypto payments. Some of the companies that allowed this option include Overstock, Subway, Shopify, Expedia and Microsoft which only makes up the small percentage of multinational corporations which accept crypto payments. Recently, Whole Foods and other major food retailers started accepting bitcoin through a third-party payment partnership. AT&T telecom giant and its dominance on the market and brand recognition in the telecom sector will surely make a positive influence on the market for the entire crypto sector, not just bitcoin. As we can expect, not everyone is thrilled about the new decision of the company. For example, Morgan Creek Digital co-founder Anthony Pompliano tweeted the news earlier and expressing his support and a number of skeptics bombarded his tweet disagreeing with him and the aT&T announcement. However, this decision is expected to increase the level of mass adoption for Bitcoin but we could also expect to see some movements in the price for the cryptocurrency giant as well.
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