Collapse of faith, the altcoin season is over? The market is heading towards nihilism, how to win in the crypto gamble?
The cryptocurrency market is undergoing a profound transformation, especially for newcomers who entered the industry in the past 12 to 16 months.
What once seemed like a relatively simple trading method—operating on centralized exchanges to 'have one foot in success'—has now become increasingly complex. The entire market landscape resembles a high-volatility gambling arena rather than a traditional financial trading market, demanding unprecedented agility and market awareness from traders.
The 'buy and hold' (HODL) strategy that once worked well has basically become ineffective. The holding period for everyone has significantly shortened, compressed from several months to just a few weeks, or even days. (Remember the classic advice from those old players? Stick to 'buying altcoins at low prices and holding until the bull market peak to sell')