In a recent video, top trader Lark Davis shared with his subscribers the cryptocurrency projects he bought in the last few weeks amid all this market turmoil. The list includes Bitcoin and several altcoin projects.
Famous trader bought Bitcoin
The first cryptocurrency on Lark Davis’ list was Bitcoin. The trader said, “I always buy some BTC, but in the last few weeks I have bought a lot more BTC than usual. On both major drops, I increased my weight and got slightly above average. If Fiyadollarsar drops further, I will continue to buy it,” he said. The trader says the reason for investing in BTC is the desire to invest in a safer, long-term asset to protect profits from high-risk altcoins. “Remember my sermons about making a profit during the big run? That’s what I did,” he says.
Here are the altcoin projects that Lark Davis bought
The next cryptocurrency on the connoisseur’s list was Ethereum, the leading altcoin. Cryptocoin. com, Davis stated that ETH is “ready to paddle”. Davis said, “The more I see of ETH, the more I like it. “I continue to acquire this asset with a multi-year time frame and plan to hold it long-term.” Similar to Bitcoin, Davis sees ETH as a “safe haven” to add to his portfolio. He highlights that he has recently invested the majority of his capital in two of the top cryptos in the crypto space.
Polkadot (DOT), on the other hand, is an altcoin that the analyst recently started buying. The trader says that he has not yet exaggerated his DOT purchases, still buying in small quantities. Still, he’s pretty optimistic about Polkadot’s future. Regarding the remaining altcoins, the trader reiterates that he has entered many projects, from coins with large market caps to low ones:
I don’t feel the need to put any more effort into adding more altcoins to my portfolio. I might consider adding more to existing positions, but my portfolio is already inflated.