I would like to know your opinion on this issue:1. I have AVAX in my investment portfolio because AVAX is the native coin of Avalanche - one of the most popular and powerful blockchains in the market. I hope that AVAX can reach $300 in this bullrun.
- Do you have AVAX in your portfolio? What is your target for AVAX this season?
- Do you think Grayscale AVAX Trust can drive AVAX price up?
- Do you believe we will have a spot AVAX ETF in this cycle or the next cycle?
1. I have AVAX in my investment portfolio because AVAX is the native coin of Avalanche - one of the most popular and powerful blockchains in the market. I hope that AVAX can reach $300 in this bullrun.For now, we can only hope for AVAX success, and Grayscale AVAX Trust will contribute many positive impacts to the price increase of this token in the uptrend. A spot AVAX ETF is still a distant goal, and it will also have to compete with many other Trust funds from Grayscale to be selected for the spot ETF proposal.
2. News related to the Grayscale AVAX Trust is positive for Avalanche and AVAX, meaning it will have a supportive impact on AVAX price increase, however, the price increase needs to be created by more factors, including the overall market trend and whale manipulation plans.
3. This cycle has started since the halving but we haven't heard of any plans or proposals for an AVAX Spot ETF. I just hope that this product can be proposed and accepted in the next cycle thanks to the growth and success of AVAX in this cycle.
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- Do you have AVAX in your portfolio? What is your target for AVAX this season?
- Do you think Grayscale AVAX Trust can drive AVAX price up?
- Do you believe we will have a spot AVAX ETF in this cycle or the next cycle?
Avax performed quite well in 2021 and the AVAX price also increased significantly, reaching 140 USD. Currently, AVAX is also recovering well from 9 USD to 43 USD, I think it also deserves for investors to add to their portfolio this season.[li]If you believe it or not, but at least I convince myself that if a coin is supported by an ETF it will usually go up but that is also not the right benchmark. Always DWYOR when in the cryptocurrency space.
- I admit I have never bought Avalanche coins because this coin is not interesting for me to try or invest in because I think Avalanche is not well known in my community, maybe in other communities the story is different.
- It should be able to go up because Avalanche is supported by Grayscale but we all know that the market cannot be fooled, all cryptocurrency price increases depend on the community and the uniqueness of the coin so that the Avalanche market expands and increases.
[/li][/list]
Your positive thinking is given a thumbs up, I am sure your insight is also very broad towards Avalanche coins. Btw, when the price was 10 dollars did you buy Avalanche coins?Avax performed quite well in 2021 and the AVAX price also increased significantly, reaching 140 USD. Currently, AVAX is also recovering well from 9 USD to 43 USD, I think it also deserves for investors to add to their portfolio this season.
- I admit I have never bought Avalanche coins because this coin is not interesting for me to try or invest in because I think Avalanche is not well known in my community, maybe in other communities the story is different.
- It should be able to go up because Avalanche is supported by Grayscale but we all know that the market cannot be fooled, all cryptocurrency price increases depend on the community and the uniqueness of the coin so that the Avalanche market expands and increases.
- If you believe it or not, but at least I convince myself that if a coin is supported by an ETF it will usually go up but that is also not the right benchmark. Always DWYOR when in the cryptocurrency space.
Investing is always aimed at generating profits, not to love or hate a project. If you love Avax and the AVAX token, you can still buy AVAX like GrayScale customers. Opportunities are not for the crowd because the crowd often loses :)No, I don't hate Avalanche, but it's just that Avalanche is not very familiar in my community, so I'm still hesitant to invest in Avalanche coins.
Your positive thinking is given a thumbs up, I am sure your insight is also very broad towards Avalanche coins. Btw, when the price was 10 dollars did you buy Avalanche coins?I only follow general news and am interested in a few top coins in the market. My financial capacity is limited, so I can't invest in every token. I also have a bit of AVAX because Avax is a pretty famous blockchain, and I don't want to miss out on the opportunity of its future price increase.
No, I don't hate Avalanche, but it's just that Avalanche is not very familiar in my community, so I'm still hesitant to invest in Avalanche coins.
Currently, how much is in your portfolio for Avalanche coins? If from your total capital, what percentage of Avalanche do you hold?[/list]
I would like to know your opinion on this issue:1. I have AVAX in my investment portfolio because AVAX is the native coin of Avalanche - one of the most popular and powerful blockchains in the market. I hope that AVAX can reach $300 in this bullrun.
- Do you have AVAX in your portfolio? What is your target for AVAX this season?
- Do you think Grayscale AVAX Trust can drive AVAX price up?
- Do you believe we will have a spot AVAX ETF in this cycle or the next cycle?
2. News related to the Grayscale AVAX Trust is positive for Avalanche and AVAX, meaning it will have a supportive impact on AVAX price increase, however, the price increase needs to be created by more factors, including the overall market trend and whale manipulation plans.
3. This cycle has started since the halving but we haven't heard of any plans or proposals for an AVAX Spot ETF. I just hope that this product can be proposed and accepted in the next cycle thanks to the growth and success of AVAX in this cycle.
I have been trading Avax for a very long time, even at the last bull run in 2021, Avax couldn't go beyond $145, and during the ongoing Bitcoin bullish trends, Avax was unable to perform along with the Bitcoin trends. While most notable altcoins where able to move with the bitc trends, like BNB, Sol, ADA etc, were able to hit a new All Time High, unfortunately, Avax is still behind and could not hit a reasonable hight.Compared to SOL, AVAX has not actually achieved a comparable price performance, but since the bottom of the 2022 crypto winter at around 9 USD, AVAX price has tripled, generating a 200% profit for investors. Compared to many other tokens in the market, AVAX has still recovered instead of being forgotten and continuing to make new lows while BTC is still unable to return to the price range above 100K USD.
I stand in doubt of Avax to create new records on the future bull run, i expected team to carry out some upgrades to boost new demands that may enhance it potentials for the next bull run.