Stop stubbornly holding onto altcoins! In this bull market, you are most likely the filling in a chives box.
Recently, I said, "Don't stubbornly hold onto spot trading in the crypto world," and "Altcoins are at most 2-3 times this round," and I was criticized heavily! Fine, today I won't reason with you and will just present the data—what you call "getting rich in a bull market" has long been scripted by capital tycoons!
First, let's look at BTC, the big brother: In the 2017 bull market, it soared from $3,000 to $19,000, and in the 2021 bear market, it peaked again at $69,000, a rise of 3.6 times! The bottom of this bear market was $15,000, and now everyone is shouting $130,000-$150,000; it barely adds up to just over 10 times, even less than the last round! Do you know why? Because the crypto world has long passed the "money-splashing era"; once the bonus period is over, even BTC has to tighten its belt!
Now let's talk about altcoins—back in 2017, there were hundred-fold coins everywhere, in 2021, there were ten-fold coins all around; but this time? If a quality project can double, it’s already like smoke rising from an ancestor's grave, and 99% of the garbage coins barely make 2-3 times! What’s even more heartbreaking is that retail investors are always searching for treasures in the garbage, and once the bull market ends, others feast while you can't even lick the soup dregs!
Do you know why old retail investors always say "you lose money the fastest in a bull market"? Because you stubbornly hold onto spot trading! When BTC shot up to $100,000, everyone shouted $200,000; when it reached $120,000, institutions popped up to shout "eternal bull market"! What happened? When the main forces dumped their holdings, they ran faster than dogs, while you were still dreaming of "financial freedom"!
Lastly, let me say a harsh truth: when entering the crypto world, don't think of being the "chosen one"; first, recognize that you are just an ordinary person! Those who boast that "making money in crypto is as easy as breathing" are either scammers or naive newcomers who haven't been beaten by the market yet! In this bull market, those who can preserve their capital are the experts; do you still want to get rich off altcoins? Even being a retail investor should have its limits!
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I am Bo Hu, follow me for top-tier team support, only serving ambitious madmen.
Daily focus: Bitcoin, Ethereum, and some popular altcoins.