The Myth of Altcoins Shattered: Retail Investors' Dreams Crushed, New Tactics of Whales Exposed!
Bitcoin High, Altcoins Flat
Bitcoin is fluctuating at a high level, while altcoins are lifeless. If you are still holding onto old altcoins or worthless projects that have dropped by 99% hoping for a rebound, you are just waiting to be 'harvested'. Those 'Golden Dogs' and 'VC Coins' that skyrocketed for a day on the blockchain have long peaked; a rebound of 5%-10% should be a signal to exit decisively, or you will only sink deeper.
Former Glory Hard to Reproduce, Explosive Growth a Luxury
In 2017, almost all well-known altcoins could double in price, with a win rate in the altcoin sector close to 70%. By 2021, this number sharply dropped to 30%. In this round of market, with 600,000 new coins launched, only a few can skyrocket, with odds of winning close to one in 600,000. Retail investors are clinging to old altcoins, expecting institutions to step in and push prices up, which is simply a pipe dream.
Who Can Skyrocket? Small Market Cap, Few Retail Investors, High Popularity
For an altcoin to skyrocket, it must have three elements: small market cap, few retail investors, and high popularity. Once significant capital enters, a price increase of 50% to 30 times is not surprising. But the problem is that without 'insider information,' you have no way of knowing who will be the next 'hot item'.
Institutions Manipulating the Market, Retail Investors Being Harvested
In this bull market, all capital is concentrated on Bitcoin, while altcoins are bleeding profusely. A few 'lucky ones' like Audi and the Transportation Research Committee can still outperform the market, but most altcoins are already lifeless. Those coins that rely on 'news' for price spikes are already pre-positioned before the news is released; retail investors follow the trend to buy in, only to face a crash. Crypto conferences, strategic reserves, trade wars... every 'good news' is a harvesting trap.
The Myth of Sudden Wealth Ends, Altcoins No Longer in a Bull Market
The myth of altcoins producing hundredfold or thousandfold wealth in just two short years is gone forever. The number of crypto players has increased a hundredfold, the market size has skyrocketed, and a broad market rally has become a luxury. Those retail investors still clinging to the dream of 'financial freedom' by holding onto altcoins will only fall deeper into the plot of the whales. By the time they realize it, Bitcoin is still in a bull market, while altcoins have long entered a deep bear market, facing irreversible decline.