VevinYoung
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I personally believe that the bottom phase of BTC has already arrived. If you can understand 15000$BTC , then now is that time point. Even if it drops again, it won't drop much, and it won't drop to 70000$BTC
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Many people are still waiting for the knockoff season, but there's no need to wait anymore; there is no knockoff season. To put it simply, knockoff coins are just memecoins, only they are packaged memecoins that have undergone some on-chain development. However, some memecoins are also undergoing development on-chain, but without financing; the project team has directly issued coins for initial financing.
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Is there still a season for altcoins in this cycle?
Ok, my answer is no, the following is purely personal opinion, please don't criticize if you don't agree.
Why is there no season?
We can take a look at the well-packaged altcoins already on exchanges, their market capitalizations
are all over a hundred million, so it's hard to pull another 10X, 100X, let alone
1000X. In contrast, during the last cycle, altcoins had market capitalizations of just a few million or tens
of millions, making it easier for well-controlled coins to surge, so we need to consider
the cost of pulling them up.
In this cycle, the coins that might see a hundred-fold or thousand-fold increase are
memecoins. To put it simply, let's look at the current market cap of memecoins, which is similar to that of
the altcoins in the last cycle. As long as the memecoin teams continue to work, they have their narrative, and
the only thing left is to adjust the level of control, which is what is referred to as washing.
In fact, both altcoins and memecoins are the same; as long as there is a narrative, such as the current
AI and the consumption season on Solana, they can be set up for ambush, because
the project teams behind the current memecoins are still working.
Moreover, since the emergence of memecoins, they have provided many project teams
with new strategic ideas. That is, to issue coins first, do the work, similar to us first
giving a PPT, raising funds and then starting to work, and most
of the coins eventually remain in the hands of the project teams.
The above is purely my personal view, and indeed I have already completed my
investment in memecoins.
Ok, my answer is no, the following is purely personal opinion, please don't criticize if you don't agree.
Why is there no season?
We can take a look at the well-packaged altcoins already on exchanges, their market capitalizations
are all over a hundred million, so it's hard to pull another 10X, 100X, let alone
1000X. In contrast, during the last cycle, altcoins had market capitalizations of just a few million or tens
of millions, making it easier for well-controlled coins to surge, so we need to consider
the cost of pulling them up.
In this cycle, the coins that might see a hundred-fold or thousand-fold increase are
memecoins. To put it simply, let's look at the current market cap of memecoins, which is similar to that of
the altcoins in the last cycle. As long as the memecoin teams continue to work, they have their narrative, and
the only thing left is to adjust the level of control, which is what is referred to as washing.
In fact, both altcoins and memecoins are the same; as long as there is a narrative, such as the current
AI and the consumption season on Solana, they can be set up for ambush, because
the project teams behind the current memecoins are still working.
Moreover, since the emergence of memecoins, they have provided many project teams
with new strategic ideas. That is, to issue coins first, do the work, similar to us first
giving a PPT, raising funds and then starting to work, and most
of the coins eventually remain in the hands of the project teams.
The above is purely my personal view, and indeed I have already completed my
investment in memecoins.
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Many people are waiting for a sharp drop, or a correction, or even an interest rate cut. But now there are two good things in front of us: first, the BTC ETF application is approved; second, BTC production is reduced. These two benefits are already expected. The time for production reduction is set, so it is time for the ETF application to be approved. No matter when it is approved, this is an expected benefit. Many people think that I am waiting for low prices, waiting for a correction, etc. Cut interest rates. Itās too difficult, people canāt be too greedy.
If you wait until interest rates are cut before buying, the price of BTC may be 55-60k. Will you buy then? Don't always think about the low price. You want to buy at the low point and sell at the high point, unless you are a god.
If you wait until interest rates are cut before buying, the price of BTC may be 55-60k. Will you buy then? Don't always think about the low price. You want to buy at the low point and sell at the high point, unless you are a god.
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Many people think there will be a big drop, but even if there is a big drop, can you buy it? Looking at #BTC from 16k last year to 30k now, you should know what you should do. Think about it, isn't the current environment better than last year? There were all kinds of thunderstorms last year, think about it yourself #BTC $BTC $ETH $BNB
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