Let’s talk about the conclusion first: retail investors have difficulty surviving.
The so-called bull market in the currency circle originally refers to the bull market cycle of Bitcoin’s four-year halving. In other words, the bull market in the currency circle refers to the Bitcoin bull market.
Many people mistakenly believe that this is a bull run for all cryptocurrencies.
The reason why there was altcoin season in the past was because the abundant liquidity introduced by the Bitcoin bull market caused capital spillover to benefit altcoins.
If the bull market is a bull market for Bitcoin, then we can draw the following conclusions:
1. The market of altcoins depends on whether there is sufficient liquidity
2. And whether Bitcoin participants are willing to use part of their profits to participate in the speculation of altcoins at the end of the Bitcoin market.
Finally, this bull market is clearly different from the last one where liquidity pushed up Bitcoin prices; this time, Bitcoin prices are more driven by ETF funds. These funds and traditional crypto speculation funds are two completely different worlds.
Thus, the bull market concept that ordinary people have, where Bitcoin provides the stage and altcoins perform, can only happen when the part of the crypto circle with abundant liquidity enters. Currently, there are no signs of that.
Back to the conclusion at the beginning: Retail investors struggle to survive.
Most retail investors mainly participate in altcoins, buying a bunch of various vividly narrated altcoins. But we all know that this market is just a huge money game, with every coin telling a great story and vision. The uncertainty in this is no different from gambling.
Finally, here's a suggestion:
1. If you are from an ordinary family, with a stable but not wealthy income, and want to participate in this market, then it's best to buy Bitcoin at the right time and hold it long-term as an investment. Don't touch altcoins, and definitely don't play contracts.
2. If you have some spare money and love new things, mainly invest in Bitcoin for the long term, and you can play around with altcoins with a small amount. Similarly, don't play contracts.
3. If you have a solid financial base, with a few million to play around, then it's recommended to only buy Bitcoin. Don't study other things anymore. Don't play contracts, because the tuition is too expensive.
4. Contracts are a gambling ship; once you're on, you can't get off. The tuition starts at a million.
