The most famous cryptocurrency analyst shares his strategy for choosing cryptocurrency tokens

Arthur Hayes, the former head of the BitMEX crypto exchange, told Real Vision in an interview about how he chooses altcoins for investment. According to Hayes, he plays on the rebound, choosing cryptocurrencies from the top 20 by market capitalization.

In his opinion, it is necessary to conduct a comparative analysis of altcoins and ask yourself the question: will the project survive the next two years? The former head of BitMEX noted that during the change of cycles, the asset that has fallen the most will grow more strongly, but explained that this does not always work.

He also added that it is impossible to determine at what stage of the bear market we are now. At the same time, the former head of the crypto exchange believes that the market is close to a reversal, and the main question is how long prices will remain at their lows.

Earlier, Hayes not only made a mistake in his predictions about the ETH rate but was also convicted of violating a number of laws as a director of BitMEX. However, he remains loyal to bitcoin.