👀 Looking at the current crypto market, it may still take a long time before it can be applied in reality.
Investing in a crypto project is like placing trust in the dev team, and only a few of them truly build the project.
It's hard to resist the temptation of becoming rich quickly :)) They sketch out the project, list the token, and then dump it onto a group of uninformed and excessively greedy investors.
BTC now belongs to large organizations; in reality, retail investors barely hold any. BTC rises to six figures, and if it increases by another 10k, that's only 10%, while those who don't understand will seek to buy coins at 0.xxxx$ hoping that just a rise to 1$ will make them rich. That's when the coin season is about to end.
The flow of money will shift like this: investor money -> Alcoin -> BTC. This is a way to exchange a pile of junk for your money.
The more BTC increases, the more FOMO there is in the market, and BTC is the most effective marketing tool that plays on the greed of uninformed investors.
Do Quan or Sam Xoan were previously seen by the press as 'the monument to change the future of crypto,' but we all know what happened next. Many people criticize them, but those who changed their lives, bought houses and luxury cars thanks to their methods are extremely grateful to these two.
💥 Investing in any market requires capital management; otherwise, stay out if you don't understand it.