Messari Executive Explains Bitcoin’s Most Effective Marketing Strategy

Umme Haani
Umme Haani is a writer for Thecoinrepublic. she contributes a researched piece on cryptocurrencies and updates. Umme is an aspiring engineer who immensely enjoys writing and technical writing brings the best of both worlds under one roof for her.
  • Qiao Wang from Messari believes Bitcoin’s most effective market strategy is bull markets and annualized volatility up to 120%.
  • The crypto analyst tweeted that Bitcoin’s ideal and an effective market strategy is not due to esoteric, and unempathetic pitches.
  • Furthermore, highlighting Wang’s view regarding the same, it is that the effective BTC marketing strategy is the growth BTC has witnessed.
  • Regardless, to effectively market Bitcoin or any other crypto remains an effective tool in promoting the very coin.

Qiao Wang from Messari believes Bitcoin Bull Market is bull markets and annualized volatility up to 120%. Wang is the Head of product at Messari’s crypto and blockchain analytical team. It is important to note that Bull markets characterize a boost in investor confidence and optimism. Hence, indicating or signaling a surge in investor crowd and price as well. 

Pitches Are Not The Most Effective Market Strategy Of BTC: Wang

The crypto analyst tweeted on May 16 his perception regarding the most effective Bitcoin marketing strategy. He added that pitches are not the way to onboard users onto the platform. Wang believes Bitcoin’s ideal and an effective market strategy is not due to esoteric, and unempathetic pitches. Also bringing to attention, there are many things that add to the effectiveness of a particular crypto’s marketing strategy. 

Furthermore, highlighting Wang’s view regarding the Bitcoin Bull Market, it is that the effective BTC marketing strategy depends on BTC growth. Bitcoin growth as in what the king crypto has experienced over the past years. In addition to that, he believes it is the 120% annualized volatility that keeps the strategy going. High volatility thereby signifies the large variations the leading cryptocurrency can undergo over a short interval of time. Besides that, it also signifies the risks or uncertainties associated with price variations in the digital assets’ value. 

Regardless, to effectively market Bitcoin or any other crypto remains an effective tool in promoting the very coin. And especially amongst the newbies who are nowhere near to have developed an insight into the concerning cryptocurrency.

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