Some altcoins that seem to have strong fundamentals have projects, have real-world applications, and dozens of investors behind them, and their Twitter interactions are as active as Sun Ge. However, the price keeps plummeting.
Therefore, we need to correct some misconceptions. The quality of a project is not entirely tied to its price. The rise and fall of coins are market behaviors, mainly driven by market makers cooperating with project parties. For project parties, both rises and falls can be profitable, especially when they hold a large number of coins, some of which even have inflation mechanisms. For a truly good project, the price of the coin and the value of the project are linked and need to be measured on an annual basis, taking into account the ups and downs of the project, internal development, and external attacks. Running a project with a long-term cyclical perspective is itself a low-probability event.
So don't be confused anymore: "With such a good project, having everything, why is the coin price dropping like dog shit?"
Because everyone is a short-term speculator.
There are many girls, of mixed quality, all wanting to make quick money; you are forced to be just a client.
Focus on the present, win or lose in a timely manner.
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