加密柯柯
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New investors who didn't experience the last bull market actually find it hard to understand why the veteran investors are so obsessed with the 'altcoin season'.
During the last bull market, it was truly a battle of the gods. Dogecoin could increase by 8 times in the secondary market in one day (see picture 👇), a bunch of altcoins could rise 10 times in a week, and some even reached 100 times in a month. After Luna was listed on exchanges, it nearly increased by a thousand times, and Sol went from 2U all the way up to 250U.
At that time, everyone joked, "Money comes from the wind," "With an IQ of 50, you can live in a palace," "Just buy and hold to get rich," not making any logical sense, just going all out.
I was drawn into the circle by Dogecoin; as soon as I entered, doge gave me 3X, shib increased 5 times, and pig directly skyrocketed 10X... At that time, the hottest small coin exchange was Matcha, where there were people every day gambling on new coins.
However, the good times didn't last long; the 519 black swan event hit, and the market was directly struck. Although there was a brief surge afterward, by October 2021, it formed a double top, and the bull market basically ended.
Looking back, those veteran investors who reminisce about the 2021 altcoin season are actually not much different from the new investors who just entered last year and keep chanting "AI Summer"—after all, what everyone misses is that kind of market where prices keep rising, and with boldness, you could easily make money.
During the last bull market, it was truly a battle of the gods. Dogecoin could increase by 8 times in the secondary market in one day (see picture 👇), a bunch of altcoins could rise 10 times in a week, and some even reached 100 times in a month. After Luna was listed on exchanges, it nearly increased by a thousand times, and Sol went from 2U all the way up to 250U.
At that time, everyone joked, "Money comes from the wind," "With an IQ of 50, you can live in a palace," "Just buy and hold to get rich," not making any logical sense, just going all out.
I was drawn into the circle by Dogecoin; as soon as I entered, doge gave me 3X, shib increased 5 times, and pig directly skyrocketed 10X... At that time, the hottest small coin exchange was Matcha, where there were people every day gambling on new coins.
However, the good times didn't last long; the 519 black swan event hit, and the market was directly struck. Although there was a brief surge afterward, by October 2021, it formed a double top, and the bull market basically ended.
Looking back, those veteran investors who reminisce about the 2021 altcoin season are actually not much different from the new investors who just entered last year and keep chanting "AI Summer"—after all, what everyone misses is that kind of market where prices keep rising, and with boldness, you could easily make money.
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