How to invest in altcoins next?
There are basically two scenarios:
1️⃣ Similar to PENGU and BONK, they experience a main upward trend, rising more than 5 times from the bottom and then consolidating at a high level to gradually sell off.
2️⃣ Similar to FIL and DOT, they move in tandem with the market, slowly rising about one time, and then when the market pulls back, they quickly sell off a month's worth of gains in an hour.
Scenario 1️⃣ may happen to 20% of altcoins, while scenario 2️⃣ may occur in 80% of altcoins.
The cryptocurrency market is becoming more homogenized with the U.S. stock market, where 20% of quality projects attract 90% of market funds. The future market will become increasingly polarized, which is a sign of market maturation.
If you can't filter altcoins, you only need to buy the top 10 coins by market cap, and you can outperform 90% of altcoins!