don't buy

I'm Skeptical: Stacks (STX) Hasn't Tracked Bitcoin's Gains

I'm baffled that people are still working with Stacks when it hasn't rallied alongside Bitcoin at all. I don't see STX following BTC's upward moves, so I'm questioning why anyone would continue allocating to it right now in the crypto market.

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Analysis

The core of this opinion is a frustration with Stacks' failure to participate in Bitcoin-led rallies. Historically, many altcoins track BTC's bullish moves due to market-wide liquidity flows and inves...

Recommendation

Given the concern that Stacks has not grown with Bitcoin, I would advise against initiating new long positions in STX right now. If your thesis relies on catching a broad crypto rally, choose assets w...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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