AllianceDAO co-founder Wang Qiao stated that he is currently less interested in most cryptocurrencies, as shared in a recent podcast. He mentioned that his personal portfolio mainly consists of Bitcoin and holds only a very small amount of other tokens.
Regarding asset allocation, the ratio between stocks and Bitcoin for Wang Qiao is currently approximately 50/50, reflecting a balanced approach between traditional assets and digital assets. His largest investment is in Google stock, indicating long-term confidence in leading tech giants. Additionally, he also holds Tencent shares.
Wang Qiao’s comments reveal a notable trend among crypto investors: increasing caution towards tokens outside of Bitcoin, amid market volatility and many projects lacking sustainable fundamentals.
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Co-founder of AllianceDAO: Only hold Bitcoin, prioritize Google and Tencent stocks
AllianceDAO co-founder Wang Qiao stated that he is currently less interested in most cryptocurrencies, as shared in a recent podcast. He mentioned that his personal portfolio mainly consists of Bitcoin and holds only a very small amount of other tokens.
Regarding asset allocation, the ratio between stocks and Bitcoin for Wang Qiao is currently approximately 50/50, reflecting a balanced approach between traditional assets and digital assets. His largest investment is in Google stock, indicating long-term confidence in leading tech giants. Additionally, he also holds Tencent shares.
Wang Qiao’s comments reveal a notable trend among crypto investors: increasing caution towards tokens outside of Bitcoin, amid market volatility and many projects lacking sustainable fundamentals.