Binance makes a big move! The altcoins plummeted, is your wallet okay?

Recently, the cryptocurrency circle seems to be in a good situation, and mainstream coins are rising all the way. Many people are tempted and want to take the opportunity to make a fortune. But behind this prosperity, a crisis is quietly coming.

On May 2, Binance announced that it would remove a batch of altcoins. As soon as the news came out, the altcoins named plummeted instantly. For example, a certain DeFi concept altcoin fell by 42% in one day, and investors' assets shrank significantly. Metaverse concept tokens were sold off crazily, and the price was directly halved, which was simply a wealth "crusher".

Don't look at the market recovery now. Mainstream coins have led some altcoins to rise. This actually hides a huge trap. There are more than 40 million altcoins circulating in the market. More than 90% of them have no practical application value. They are purely hype tools, just like beautiful but fragile bubbles. They will burst at a poke. Once the heat fades, they will inevitably return to zero.

Some people want to hold altcoins for a long time and wait for appreciation, which is actually very dangerous. As supervision becomes stricter and major exchanges clean up bad assets, the altcoin market will definitely experience a big wash in the future. Those altcoins without technology and community support will sooner or later be abandoned by the market. Today's increase may be the source of tomorrow's loss.

So how to invest? Be sure to remain rational: choose projects with practical applications and reliable technical teams; do not invest more than 10% of the total funds in altcoins; set stop-profit and stop-loss lines in advance, and stop when you see good results; spread funds to mainstream coins and high-quality projects to spread risks.

Finally, I would like to share with you a potential project - Golden Dog Con (ending with BQt). Even Trump recognized it, awarded it the hero's great merit, and praised it as the strongest dog on the surface. It has a strong community behind it, a high degree of consensus, and has always insisted on rescuing stray dogs. It is very meaningful. If you are interested, you can learn more. Investment is not gambling, everyone must be cautious! 进来聊聊天 币安王牌KOL交流群，点击加入！ #币安Alpha积分 #特朗普暂停新关税 $BTC $ETH