You are probably going to hate me for this comment:
If you have any other cryptocurrency besides $BTC : whether it's Etherium, Solana, or any other shitcoin, you are doomed to FAILURE.
Yes, any other coin.
The truth is:
- There won't be an altseason.
- The project you were defending so much is not going to move forward.
- You lost money.
The success of a cryptocurrency depends on its decentralization. That’s what differentiates them from projects based on fiat currencies (if you want to invest in technology, go to the stock market). The point is that any new project to have a global reach and succeed needs a CEO, a company injecting capital, and an advertising campaign. But that makes them Centralized. It’s a vicious cycle, and the market has already understood that.
The time to make a fortune with altcoins has passed. Yes, there will be one or another coin that will explode among the millions out there. But what’s the difference between that and playing the lottery? None. The altcoin market is going to turn into a betting market, and the sooner you realize that, the less money you will lose.
In the meantime, influencers will continue sending you projects so they can try to get out of them with less loss.
If you have any other cryptocurrency besides $BTC : whether it's Etherium, Solana, or any other shitcoin, you are doomed to FAILURE.
Yes, any other coin.
The truth is:
- There won't be an altseason.
- The project you were defending so much is not going to move forward.
- You lost money.
The success of a cryptocurrency depends on its decentralization. That’s what differentiates them from projects based on fiat currencies (if you want to invest in technology, go to the stock market). The point is that any new project to have a global reach and succeed needs a CEO, a company injecting capital, and an advertising campaign. But that makes them Centralized. It’s a vicious cycle, and the market has already understood that.
The time to make a fortune with altcoins has passed. Yes, there will be one or another coin that will explode among the millions out there. But what’s the difference between that and playing the lottery? None. The altcoin market is going to turn into a betting market, and the sooner you realize that, the less money you will lose.
In the meantime, influencers will continue sending you projects so they can try to get out of them with less loss.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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