Today, my friends in the crypto circle are saying that they haven't made any money in this bull market; instead, they have lost their dowries!
I thought that, like in previous bull markets, by choosing some altcoins and holding them without making rash moves, I could make several times my investment. However, the reality is that I have lost several times instead.
In this round of the bull market, many people are extremely confused about altcoins, thinking they were buying at the bottom, only to find themselves trapped at a high point?
Especially those popular meme coins and Layer 2 concept coins, they go crazy when they rise and even crazier when they fall! Market sentiment has shifted from 'Charge! Charge! Charge!' to 'What now?' and even panic has begun.
Why are players of altcoins suffering so badly this round?
1️⃣
The rotation of funds is too fast; retail investors have become the bag holders?
After Bitcoin (BTC) rose to $120,000, it started to consolidate. Funds briefly flowed into altcoins, but many projects have no real value, skyrocketing and then plummeting instantly! For example, meme coins like PUMP and HYPE, where the community wildly hypes for a double, end up dropping 30%-50% in just a day or two, trapping those who bought at the peak!
2️⃣
High leverage on contracts leads to a double whammy of liquidation + panic selling?
Altcoin volatility is much greater than BTC. Leverage players can get liquidated with just one shake!
At the end of June, there was an altcoin that rose 60% in one day and dropped 20% the next day, causing contract players to be liquidated and spot players to panic sell, ending up selling at the bottom price.
3️⃣
Many small-cap altcoins have extremely poor trading depth; market makers pump and attract retail investors, then instantly dump, leaving no escape. What’s more frustrating is that some project teams sell off during positive news (like airdrops or partnership announcements), causing the coin price to drop instead of rise. The tricks are too deep!
4️⃣
BTC is draining liquidity; altcoins have no money to rise?
Recently, Bitcoin ETF funds have been flowing in, BTC's market cap percentage has rebounded, and altcoin funds have been withdrawn, leading to overall weak performance...
Those who have been trapped this round are mostly due to chasing highs + high leverage + choosing the wrong coins. The short-term market sentiment is weak, but the bull market isn't over yet; it all depends on whether BTC can stabilize.
Finally, remember:
Mainstream coins → You can buy the dip, wait for the next wave!
Shitcoins → Run when there’s a rebound, don’t linger!
High leverage contracts → Stay away! Liquidation is 100 times worse than being trapped!
The market will always reward the patient, but the premise is—don’t waste time and money on junk coins!