The Truth Behind the Plunge of Altcoins and Survival Guide

Binance announced a new round of delisting altcoins starting on May 2nd. As soon as the news broke, related cryptocurrencies fell sharply. A certain DeFi concept coin plummeted by 42% in a single day, while the price of metaverse concept tokens was directly halved. This storm has torn apart the fragile veil of the altcoin market — among over 4,000 circulating altcoins, more than 90% lack practical applications and are essentially just speculative tools.

Deadly Risks Beneath the Illusion of Recovery

Despite the recent stable performance of mainstream cryptocurrencies like Bitcoin and Ethereum, which has driven some altcoins to rise, this is precisely the most dangerous signal. The market's enthusiasm masks the bubble nature of altcoins; once exchanges accelerate the clearing of inferior assets, these 'air coins' will face the risk of going to zero.

Survival Rules in a Major Washout

Carefully select projects: prioritize those with practical applications and reliable technical teams, and steer clear of purely speculative concept coins. Strictly control position ratios: it is recommended that altcoin holdings do not exceed 10% of total funds to avoid putting all eggs in one basket. Strictly enforce discipline: set clear profit-taking and stop-loss lines, and refuse the 'gambler's mentality.' Diversify investment portfolios: allocate funds to mainstream coins and quality projects to balance risk and return. #TRUMP晚宴

The wave of delistings by Binance may just be the beginning of an industry rectification. Against the backdrop of tightening regulations and accelerating market cleanup, investors need to abandon the illusion of 'making quick money' and build a defensive bottom line with rationality. After all, in the crypto world, surviving is the only way to see the next bull market.

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The cryptocurrency space is essentially a battle between retail investors and major players. If you don't have real skills and professional expertise, you can easily be eliminated! If you want to break even or double your returns and no longer suffer from market volatility, you must follow professional analysts and traders!