听甜梦说
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Today let's talk about: The viewpoint that spot trading in the cryptocurrency market cannot be held indefinitely and that altcoins in this bull market will only see a rise of 2-3 times.
Why can't spot trading in the cryptocurrency market be held indefinitely?
The viewpoint that altcoins in this bull market will rise by 2-3 times has sparked controversy. I ask you, who made more money in this bull market—those who held onto altcoins or those who experienced the rollercoaster? You can't just rely on the experiences of the previous two bull markets; you won't survive the losses!
BTC's historical bull market gains have been decreasing: in 2017 it went from 3k to 19k, about 6 times; in 2021 from 3k to 69k, about 23 times, and from 19k that’s about 3.6 times; in this round, the expectation is that it will go from 15k to 130k-150k, about 10 times, and from 69k that’s about 2 times. So what about the next round?
The same pattern applies to altcoins: in 2017, hundreds of times gains were common; in 2021, ten times gains were the norm. In this round, excellent altcoins may rise by 10 times, and it's reasonable for trash altcoins to rise by 2-3 times. However, most retail investors struggle to pick the excellent ones, often buying trash altcoins, so saying 2-3 times is indeed not unreasonable.
The dividend period in the cryptocurrency market is gradually fading, and a saturation period is approaching.
Retail investors should stop thinking about getting rich overnight and should understand 'how to sell.' In a bull market, when Bitcoin reaches high positions, there are always people shouting '200k, 300k,' and the whole network FOMO calls for the return of the 'eternal bull market' rhetoric. After the chaos, dust returns to dust, and earth returns to earth.
Remember: Don't hold onto spot trading indefinitely, don't expect altcoins to rise 5 or 10 times; 2-3 times is a good profit-taking target. Be pragmatic, reason is king.
Why can't spot trading in the cryptocurrency market be held indefinitely?
The viewpoint that altcoins in this bull market will rise by 2-3 times has sparked controversy. I ask you, who made more money in this bull market—those who held onto altcoins or those who experienced the rollercoaster? You can't just rely on the experiences of the previous two bull markets; you won't survive the losses!
BTC's historical bull market gains have been decreasing: in 2017 it went from 3k to 19k, about 6 times; in 2021 from 3k to 69k, about 23 times, and from 19k that’s about 3.6 times; in this round, the expectation is that it will go from 15k to 130k-150k, about 10 times, and from 69k that’s about 2 times. So what about the next round?
The same pattern applies to altcoins: in 2017, hundreds of times gains were common; in 2021, ten times gains were the norm. In this round, excellent altcoins may rise by 10 times, and it's reasonable for trash altcoins to rise by 2-3 times. However, most retail investors struggle to pick the excellent ones, often buying trash altcoins, so saying 2-3 times is indeed not unreasonable.
The dividend period in the cryptocurrency market is gradually fading, and a saturation period is approaching.
Retail investors should stop thinking about getting rich overnight and should understand 'how to sell.' In a bull market, when Bitcoin reaches high positions, there are always people shouting '200k, 300k,' and the whole network FOMO calls for the return of the 'eternal bull market' rhetoric. After the chaos, dust returns to dust, and earth returns to earth.
Remember: Don't hold onto spot trading indefinitely, don't expect altcoins to rise 5 or 10 times; 2-3 times is a good profit-taking target. Be pragmatic, reason is king.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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