Taking advantage of today's weekend break, I'd like to share my views on the cryptocurrency circle.
The altcoins are just leeks. Look at the new coins issued by major exchanges every month. The speed and quantity are so fast that it's really funny to be honest. Of course, many people will be attracted by the sudden surge of some new coins, but after a few days, they find that they have fallen to pieces. Look at those senior bigwigs in the cryptocurrency circle. Which one of them doesn't hold Bitcoin and Ethereum spot? At the very least, they are rising stars such as BNB SOL DOGE. But now the altcoins really have no bottom line to speak of. The new coins are basically based on rapid harvesting. Look at the new coins that have been released since the beginning of the year. How many are still being cared about by players? Very few, and the reason for being cared about is that you bought it and have been trapped in it.
From mid-March to the end of April, Bitcoin fell sharply, and the altcoins collapsed. In early May, Bitcoin rebounded and rose. Let's see how many altcoins have risen? This time, Bitcoin fell sharply. Look at the altcoins that collapsed. If you really have a special liking for altcoins, choose the altcoins that had a bottom line after the last sharp drop and rose with the rise of Bitcoin in early May. At least it has a bottom line, which provides a guarantee for investment risks.
At present, it is still unknown when the interest rate cut will come, but the big cake is not far from the bottom of 62,800. So people like you should also seize the opportunity and make good use of it.