Bitget CEO Gracy: Not holding BTC is a mistake, market pullbacks are an opportunity to enter a position, but one must be wary of leverage risks.

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On the seventh anniversary of Bitget, CEO Gracy stated in an interview with PANews that although there are fluctuations in the current market, it is still in a low range from a long-term perspective, making it a good time for investors to get on board.

She pointed out that for individuals or institutions that have no allocation to crypto assets at all, not having any Bitcoin in their portfolio is a mistake, and they should at least allocate 5%-20% of their BTC. However, she also reminded that those who are still adopting aggressive bullish or high-leverage strategies should timely switch to a defensive mode. In the short term, the market may still have a risk of a 20% decline, while in the long term, there is still upward potential.

Gracy also mentioned that the characteristics of this cycle are different from previous ones, with more pricing power of Bitcoin shifting towards Wall Street and institutions, resulting in a significant increase in its correlation with US stocks, especially those of tech giants.

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