Binance Square and a bunch of big influencers on Twitter are all just empty vessels. In the upcoming season of copycat projects, there is only one altcoin that is truly valuable.
Testing whether a altcoin can be bought is very simple. When Bitcoin rises, see if the altcoin follows, and if so, how much it rises. If Bitcoin rises by 3%, and some altcoins only rise by two or three percent, those are pure garbage. For example, sats, it's obvious that the pump and dump has already happened. Some altcoins can rise by 30%, and those are impressive altcoins.
Since January, there has been a drawdown of 400,000. Invested 100,000 in Bitcoin spot and doubled the position in altcoin spot. At that time, I firmly believed that altcoins would drop and did not think Bitcoin would fall. After three months of losses, I feel that my understanding is now mostly complete. I have a clear understanding of the mid-term trend of Bitcoin. The main upward wave will start in May-June. I also have a basic understanding of the mid-term trend, essence, and operating rules of altcoins. I spent 400,000 on tuition over the past three months to complete my understanding, and I believe I can make a significant leap in the next two months.
Coins without a community are good coins. Puppies and fartcoin are such coins. With a community, you have to worry about whether the community will run away; without a community, there is naturally no such problem. The first community of puppies was established by foreigners and it ran away. The second community is a Chinese community established by some people in the country, and it also ran away. Now it has entered a phase where no one manages or builds it, and purchases are completely spontaneous. Fartcoin never had a community from the start; it is entirely self-driven and purchased spontaneously. Self-driven coins are the safest and most worthwhile to buy.
I strongly recommend the puppies of Ethereum meme, which increased tenfold after my last recommendation in October (you can check my historical updates). Now this price has a tenfold return again. Last week it increased by 10 points, this week it increased by 12 points, and the rebound is very strong. Meme is not afraid of a crash; a crash is a common characteristic of all memes. What’s scary is when Bitcoin rises and you don't follow it, that’s when it’s completely dead. The essence of meme is the leverage of Bitcoin. When Bitcoin rises, it skyrockets; when Bitcoin falls, it plummets. $ETH
This week, the big pancake rebounds upward. Among the memes, whoever rebounds the most will be the standard answer for the next round of knockoffs. Those with no rebound, like Trump coin, can already be thrown into the garbage pile.
Altcoins are the leverage of Bitcoin. So if you want to leverage, just buy the spot of altcoins. Leveraging on altcoins is equivalent to adding leverage on top of leverage, and liquidation is inevitable.
At the end of October, I shared the investment opportunity for puppies, which was at the bottom; in November, it rose 10 times. Now it has fallen 10 times from the November peak, and it's time to position again; the next time will start at 10 times. Trading cryptocurrencies is very simple, isn't it? #加密市场回调
I just want to say that there is a conspiracy group in the cryptocurrency circle, and exchanges and institutions are jointly shorting. They should be celebrating now, reading the miserable situation of retail investors on Twitter and Square, and then laughing. $BTC #加密市场回调
I feel that this bloodbath market is definitely being manipulated by someone behind the scenes. It could be a few institutions, exchanges, and speculators colluding to short and trigger a breakdown at a specific time. $BTC
Treat all altcoins as one coin, called Altcoin. Therefore, there are only two coins in the market, one is BTC, and the other is Alt. The total supply of BTC is fixed, at only 21 million, and as more and more people withdraw BTC to cash, the circulating supply of BTC in the market decreases, leading to higher prices. The total supply of Altcoins has no upper limit, it is a coin that can be infinitely issued and unlocked. The number of Altcoins in the market will continue to increase, and although the market capitalization of Altcoins is increasing, their prices are decreasing.