At the beginning of August, when Bitcoin and Ethereum had not yet taken off, some altcoins were rising in a rush, such as MYX, VINE, SPK, etc. I have also participated in these coins!
You can observe that in the past two days, while Bitcoin and Ethereum were surging, the altcoins that previously surged have decreased. This is the principle of sector rotation, which means capital rotation; it requires buying power to support the price increase of the coins!
So the next opportunity to pay attention to is that once Bitcoin and Ethereum are consolidating in a sideways movement, it will be the time for altcoins to take off. Therefore, it is important to hold onto the coins you currently have, and for those without positions, focus on low-level accumulation!
If you don't know what coins to invest in, you can exchange ideas in the comments section, or you can follow me for occasional shares of Bitcoin and Ethereum benefits, as well as altcoin trading opportunities! #山寨币热点