The probability of a major bull market in the second half of this year is very high, so all my strategies are now preparing for the upcoming bull market.
I believe that by the end of this year, the price of Bitcoin may rise above $150,000. However, unlike before, this bull market may only be related to Bitcoin.
Because the logic has changed, it’s no longer like 2021 where Bitcoin rises and all coins follow. If Bitcoin doubles, others may rise by dozens or even hundreds of times. Those who still hold onto this idea of heavily investing in altcoins are likely to miss out this time around.
The so-called out-of-circle funds brought by many favorable policies only exist in Bitcoin, and most of them came through ETFs. Therefore, the idea of funds overflowing and taking turns in speculation is more of a hope than a reality.
This is not just my opinion, but my experience from holding positions. In this cycle, I have made more from Bitcoin than from altcoins (excluding those on-chain ‘godly coins’, which have an element of luck), and the experience with altcoins this time around has been extremely poor. The charts are simply unbearable. The reason for buying altcoins is to take high risks for high rewards, but if the risk increases and the expected return decreases, would you still want to play with them?
I have never been a believer in Bitcoin. I made a lot of money in the last cycle thanks to altcoins, but this time I must change my approach.
For example, a friend of mine, who bottomed out with me in 2022, chose to invest heavily in altcoins while I opted for a steady approach with Bitcoin. He is a spot trader, and his current assets have shrunk to 1/20 of his original investment.
So, if you are a long-term investor, the only asset you can trust is Bitcoin, not others, because many coins will die in the next cycle, and those who play memes with a long-term mindset will suffer even more.
