《Cryptocurrency trading volume has hit rock bottom, is a altcoin season still to be expected? Wake up!》
Now many people in the crypto world are shouting "the altcoin season is coming," but in my opinion, that's just daydreaming!
Look at Bitcoin, continuously hitting new highs, its rise is astonishing. But then look at altcoins, they just can’t seem to rise, why? Isn't it because there are now countless more altcoins than before! With so many altcoins and so little capital, how can they be lifted?
Those old altcoins have already trapped a batch of old investors tightly. If the price really goes up, isn’t it just untrapping these investors and letting them run away? Who would want to do such a thankless job?
And those new projects, the issuers have high control over the market; if they raise the price themselves, isn’t that just making money for themselves? We retail investors want to get a piece of the action, but there’s no chance!
Now the trading volume in the crypto world is pitifully low. I’ll put it bluntly, in any market, without trading volume, most people should forget about making money. The crypto world is no exception, with so little trading volume, expecting an altcoin season is simply wishful thinking!
So, stop dreaming about the altcoin season all day, wake up and sleep on it, don’t waste your time and energy on this!
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