If the second-level copycat can’t make money, can the first-level copycat definitely make money?
First there was Chuan Jianguo, then there were Central Africa, Seychelles, and Cayman Islands. At 6am in the morning, the Argentine president issued almost zero currency. Who should we ask for protection when the president commits a crime? God? The funniest thing is that the tweet has been deleted now.
Now, insiders are being cut by outsiders. The current crypto field is too chaotic. Meme coin trading has become a 7x24-hour activity in the crypto field. It is too late for retail investors to participate just 15 minutes late. Tokens that can last for 6-12 hours without returning to zero will be regarded as good Meme coins. Every release of new tokens feels like a trap.
There are really a lot of monsters and demons on the chain now. There is no sustainability at all. It's all a wave. There are all kinds of celebrity coins and presidential coins. They don't care about their reputation at all and delete tweets at the slightest provocation.
The reason why $LIBRA is cut so quickly is actually due to market cycles:
If the same $LIBRA was put in two months ago, it could survive at least two days. If it was put in six months ago, it might have survived for a week.
The more a sector reaches a crazy late stage, the shorter the life cycle of a single project. In essence, it is a game between retail investors and bankers.
After seeing all kinds of AI memes about $TRUMP and Trump’s wife coin, players on the chain will subconsciously think: $LIBRA is a presidential-level coin, as long as I get in early enough and as long as I can catch the opportunity, I can basically make money.
After a period of game, retail investors enter the market earlier and earlier, run faster and faster, and become smarter and smarter, so the bankers can only passively cut their profits faster and faster.
The same is true for copycats. Copycats that issue coins in the early stage of the bull market have a long life cycle; copycats that issue coins at the peak of the bull market will also start to crash after a short period of pull.
Next, the strategy and direction of ambush market opportunities to make money:
BTC broke through the downward trend line since 7 days, with a lot of net inflow. Now I can only buy the big cake first, and then observe whether the upward trend continues. My current trading plan is as follows. I dare not touch the altcoin/Ethereum at present, only a few large-cap coins are slowly rising in the shock!
If you don't want to play the big game, you can stay here and observe first. Safety first and stability first. The formation of a trend requires shocks and there is enough time. Don't be afraid of missing out.
Bitcoin has been fluctuating in this range for almost three months, unable to go up or down, a veritable garbage time. Wait for opportunities with large positions. If it can go down, go down and pick up chips; if it goes up, wait for the market to continuously break through the pressure level and form a trend before entering.
There is almost no probability that the market as a whole will experience a sudden sudden change. If the current position is the bottom, then there will at least be a period of bottom oscillation, which will provide enough time to build a position.
The current market situation is like this. It will lie dormant for the time being. There are cycles behind it. The altcoin/Ethereum will not remain depressed forever. We need to be more patient.
Wait patiently for the main market trend, and then cooperate with some medium- and short-term operations, and try to accumulate slowly in the volatile market!
