Still fantasizing about getting rich from altcoins?
Sorry, this is not 2021. No liquidity, no incremental funds, no altcoin season, just your solitary bravery and a full tank of 'red' oil.
Every time BTC drops, altcoins don't just fall—they crash.
As long as BTC drops to 80,000 or 90,000, altcoins will undergo a 'bloodbath + body retrieval.' What does this indicate? It indicates a lack of trust in altcoins in the market.
I have mentioned more than once that there will be no altcoin season in this bull market. During the early rise of Bitcoin, many altcoins had already surged many times. If you buy altcoins for the short term, cash out if you make a profit, or at least withdraw your principal. Don't fantasize that by stubbornly holding onto an altcoin, you will become rich—this is mere self-delusion and self-comfort!
As long as Bitcoin goes up, everyone can get a taste; if Bitcoin falls, you might even lose the bowl to drink soup from.
In the short term, if the Federal Reserve doesn't cut interest rates, buying any coin is like dancing on the edge of a knife. One misstep and you could get hurt! Also, when you buy any coin, don't go all in, don't stubbornly hold, and don't fantasize! Don't expect any altcoin to turn your fortunes around overnight! If you have such thoughts, you might as well go raise a pig.
Important things should be said three times: Look at market capitalization, look at market capitalization, look at market capitalization! Look at liquidity, look at liquidity, look at liquidity!