If you own any cryptocurrency other than Bitcoin
Whether it's Ethereum, Solana, or any other altcoin, you are putting yourself in a position of failure.
๐Hereโs the reason:
There will be no altcoin season. The project you passionately defend will go nowhere. You have already lost money.
โ๏ธThe success of the cryptocurrency depends on distribution.
Decentralization - this is what distinguishes it from fiat-based projects. If you are looking to invest in technology, the stock market is the right place. Any cryptocurrency project aiming for global success needs to:
โฌ ๏ธCEO.
โฌ ๏ธFunding companies.
โฌ ๏ธMarketing.
Making it centralized.
It's a never-ending cycle, and the stock market has already figured that out. The golden age of wealth creation with altcoins has ended.
Yes, some may rise, but by then, it wonโt be different from gambling.
The altcoin market is turning into a betting game, and the sooner you accept that, the less money you will lose. Meanwhile, influencers will continue to promote projects - not for your benefit but to minimize their own losses.
Bitcoin is still king