In the past two days, Bitcoin and Ethereum have been breaking through, and Long Ge has been reminding everyone of the risks in the market for the past two days. On the surface, it seems like Long Ge has got the direction wrong, and many people say, 'Look, it’s gone up, and you still warned about the risks, didn’t you miss the opportunity?'
But Long Ge wants to ask, how many of you have actually bought Bitcoin and Ethereum? Most people are still buying altcoins. So, everyone should take a look at the altcoins you are paying attention to or have purchased; aren’t most of them still below their previous highs, and during today’s pullback, have dropped even lower than before?
This is why I warned about the risks; often, the last stage of a bull market creates such an illusion of rising prices. If you haven’t exited the market yet, with the ongoing fluctuations and gradual declines, you will end up losing more and more!
Below, I randomly picked four trending altcoins; let’s see if what Long Ge said holds true.