In the cryptocurrency market, you absolutely cannot hold onto spot positions without letting go. Altcoins in this bull market will at most rise 2-3 times — I say this and get criticized, but the facts will teach those who stubbornly hold onto altcoins a lesson.
Are there still people using experiences from the last two bull markets to make their case? The industry’s golden period has long passed; we are now in a saturation phase, and the gameplay has changed.
Look at Bitcoin’s trajectory: the 2017 bull market peak was $19,000, and in the bear market it dropped to $3,000; the bull market started in 2020, and by 2021 it surged to $69,000, which is an increase of over 20 times from the bear market low, but only 3.6 times from the previous peak.
In this round, the bear market low is $15,000, and the market generally expects $130,000 to $150,000, which would be a 10 times increase from the bear market low, but only a little over 2 times from the last peak of $69,000. In the next round? The increase will only be smaller; this is the big trend.
The same applies to altcoins: in the 2017 bull market, there were hundredfold coins everywhere, and tenfold coins were easy to grab; by 2021, hundredfold coins were halved, and tenfold coins became mainstream. In this round? A quality altcoin rising 10 times is considered impressive, while garbage altcoins that can rise 2-3 times are already a blessing.
But 90% of retail investors are buying garbage altcoins, still dreaming of 5 or 10 times returns? Wake up, 2-3 times is a reasonable take-profit line; taking profits when you see them is the way to survive.
When entering the crypto space, give up the fantasy of getting rich quickly, and admit that you are an ordinary person. Who doesn’t think they are a trading genius when they first start? Only when you suffer painful losses do you realize: for others, making money is as easy as drinking water, while losing money feels as natural as breathing.
The most deceptive thing for retail investors in a bull market is not knowing when to sell. When Bitcoin is surging to $100,000 or $120,000, the screens are filled with “experts” predicting $200,000 or $300,000, and the FOMO sentiment across the internet is explosive; the slogan of “eternal bull market” pops up again. But when the tide goes out, what needs to drop will still drop, and what needs to be locked in will still be locked in.
Remember two points: don’t hold onto spot positions in the crypto market; sell in batches when it rises; don’t expect altcoins to rise 5 or 10 times, run when you see 2-3 times. I’m saying this here; whether you believe it or not, it’s not me who’s losing money.
When to enter, when to run? How to seize strong coins? How much to set for profit-taking? I will inform my fans on the platform first, as long as you follow my thinking and execute what I say, you will definitely reap the rewards!
