The End of the Cryptocurrency Euphoria?
It seems that the great peak of cryptocurrencies is behind us. Prices reached absurd levels in the past, but now, the reality is different: the market has only been falling, returning to values that many thought impossible to see again. Those who bought at the top and did not sell may have to wait a long time to recover their losses.
It is true that we should still have an altseason this year, with some coins rising 100% or more. But the question is: what about those that fell more than 200%? The math is cruel — to recover from a fall of this level, they would need to rise 300%, 400% or more. Not all of them will be able to do so.
Given this scenario, I only believe in three cryptos:
Bitcoin (BTC): It continues to be the most valuable, the safest and the one that can really appreciate a lot in the long term. Digital gold never dies.
Bitcoin Cash (BCH): I only have it because I trust Daniel Fraga's vision. If you don't know this name, stop everything and search for it now.
Mantra (OM): While the entire market is bleeding, this currency continues to rise silently, with impressive consistency.
In the end, the euphoria has passed. Those who got into the hype without a strategy are paying the price. Now, it's time to focus on what really has value.