Altcoins Zeroed, Old Investors Heartbroken: Why is this Bull Market so Painful?
Brothers, recently altcoins and new coins have been heavily criticized, with complaints everywhere! They are indeed trash; this bull market has really tormented old investors!
Why? Experience is harmful! In previous bull markets, you could buy altcoins carelessly and they would soar, but this year they suddenly all went limp, leaving everyone confused! Everyone knows Bitcoin halving must bring a bull market, but who is willing to only benefit from Bitcoin and Ethereum's gains? As a result, many poured all their funds into altcoins, even going all-in, and then what happened? Bitcoin reached a new high, Ethereum doubled and bloomed, while altcoins went straight to zero, making people want to smash their keyboards! ETFs couldn't save them; altcoins are completely dead!
Initially, it was thought that the approval of ETFs would provide a lifeline to the crypto world, but institutions aren't looking at altcoins at all. Grayscale is selling off frantically, and there's no one to take over; it's no surprise they are dropping! Altcoins probably won't have the good days of flying with closed eyes like before.
Hot narratives come quickly and leave even faster; once the wind blows, certain concept coins surge, and funds rush in only to withdraw immediately. Want to make a profit? It’s not that simple anymore! New coins are like harvesters, performing poorly and causing trouble without negotiation!
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