A person I admired in the world of cryptocurrencies, trading millions of dollars, said something about this current sharp rise, and I agreed with him in my analysis.
What did he say?
This sharp rise may be the last time we see vertical movements and astronomical gains. The next sharp rise may not be the same due to new players and institutions.
Additionally, this sharp rise may not increase by 20 or 100 times as it did four months ago, because the halving reduces mining rewards, and consequently, Bitcoin gains are reduced with each halving.
What is his advice? (And my advice):
1. Learn to trade. Understand charts, patterns, and candles. Why?
2. Get good capital.
3. Choose a currency and master dealing with it from start to finish. Know its patterns and movements.
4. Choose a currency with low failure odds (I chose Ethereum).