Alex Krüger, a well-known economist and trader, surprised his social media followers on platform X by revealing his current strategy in the cryptocurrency market. Krüger disclosed that he is currently “max long,” meaning he holds highly optimistic positions in the crypto market.
While Krüger has used hedging strategies in the past, he now focuses entirely on “very concentrated positions” to maximize his profit potential. However, he also mentioned his intention to “de-risk” soon, indicating a cautious approach due to market volatility.
When it comes to Bitcoin, Krüger expressed confidence in its long-term vision despite short-term fluctuations. He predicted that Bitcoin could drop to $52,000, but he remains optimistic about new price records by the end of the year. Krüger believes that corrections are normal and expected in the crypto market.
In addition to Bitcoin, Krüger shared his positions in several altcoins, including Solana (SOL), Toncoin (TON), Aptos (APT), Core (CORE), Arweave (AR), and Bittensor (TAO). He emphasized that some of these altcoins, such as APT, CORE, AR, and TAO, carry a “much higher risk” compared to SOL and TON.
Krüger also commented on Bitcoin’s recent negative reaction to the US Federal Open Market Committee’s (FOMC) statement. Despite the FOMC’s dovish stance, the market responded pessimistically, highlighting the cryptocurrency market’s unpredictability in relation to external events.
In summary, Alex Krüger’s “max long” strategy and his altcoin choices provide valuable insights for investors looking to capitalize on opportunities in the crypto market.
Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment, or other advice. Investing or trading cryptocurrencies carries the risk of financial loss.