Family, this market situation is really desperate now. During the bear market, when Bitcoin dropped to over 10,000, everyone could still grit their teeth and hold on, because every week there would be altcoins suddenly surging, like a shot of adrenaline igniting the market atmosphere, making people feel that the opportunity for a turnaround was still in sight.
But now? Bitcoin is steady between 80,000 and 90,000, looking like there aren't any major problems, but if you look at most altcoins, they are not only breaking new lows but you can't even feel where the bottom is. This feeling of hopelessness can really drive people crazy.
Especially for the new investors just entering the market, many came with dreams of tenfold or hundredfold returns on altcoins, hardly touching Bitcoin, pouring all their passion into it. And what happened? Altcoins seem to be pressed down to the ground, unable to rise at all. What's more frustrating is that exchanges keep listing new coins, one after another, with worse and worse quality, while the quantity keeps skyrocketing. To put it bluntly, one person gets cut while another gets harvested; if you’re not careful, you could become the one being harvested.
I have to tell you the truth: the crypto world has never been a gentle place; it is a bare-knuckled battlefield. Exchanges, project teams, whales—who isn’t in it for their own benefit? If you don’t keep your wits about you, you could be eaten up in an instant, leaving no bones behind.
So what should we do now? Don’t naively expect some ‘altcoin season’ to suddenly arrive and take you soaring into the sky. The reality is harsh; the market's liquidity can't hold up, and the policies are biased toward Bitcoin. Most altcoins don’t even have a solid foundation, so how can they make a comeback? If you still want to play, you have to drop the fantasies and recognize the truth: this is not a place where you can make money just by luck. Stop chasing hot trends and buying recklessly; do your homework before taking action. Don’t fantasize about becoming rich overnight; be prepared for a long battle.
The market has gone through worse times before, but it always manages to bounce back. If you can endure this darkest moment and learn something from your losses, there’s still hope to see the light. It’s tough, really tough, but it’s not completely hopeless either. Hang in there, brothers!
