Did you know? Some people do not feel despair because a cryptocurrency has dropped 15% in a day, but because it has lost 10 days of gains in just one day! The reasons behind this are not simple.
First of all, we must mention that Bitcoin's trend is becoming more and more like the US stock market, with high volatility and unpredictability. And what about those altcoins that were once highly anticipated? They seem to be heading towards the fate of the A-share market, with ups and downs that are hard to grasp.
What is even more concerning is that the speed of asset issuance is simply too fast; the market is like an inflated balloon that could burst at any moment. In this situation, many investors are starting to feel confused and disappointed. They once thought that these altcoins could bring them huge returns, but now it seems more like a dream.
Without external capital inflow, the market can only rely on localized hot sectors to maintain its heat, but how long can this heat last? In this unpredictable market, each of us is searching for our own answers.
Perhaps you have lost confidence in altcoins, but please remember that investing is a marathon, not a sprint.