The market of altcoins has the following characteristics:
1. Occasionally, it surges and attracts people to join the game.
2. In the long run, it is always in a downward channel.
3. Occasionally, it rebounds for a few months, but it is also a trap for old people to trap new people.
4. There is no long-term holding value, and buying on dips is also for selling on rallies.
5. When the main varieties rise to a high level, some risk funds will go to make a quick buck and run away, and there will be a very short-term market at this time.
Suggestions for participating in altcoin transactions: Risk-averse people must not touch altcoins; risk-lovers can buy at low prices and sell at high prices, participate in the game of greater fools, but also be prepared to return to zero.
The key to avoiding being cut is to realize that money does not come in a hurry. Cryptocurrency is originally a speculative industry, so why should we participate in more speculative altcoins in the speculative industry?
As for the Bitcoin market, in the short term, bulls are beaten by bears again and again, and bulls lose nine out of ten in local battles.
But in the long run, there is no doubt that the bulls will win, because Bitcoin is an unstoppable trend demand and the cornerstone of blockchain!
Whether you like temporary pleasure or eternal pleasure, it depends on your choice.
In any case, you will eventually see a phenomenon: those who make money in the market, especially those who make a lot of money, will eventually return to Bitcoin.
There will only be two kinds of people in the future world: those who have Bitcoin and those who don't.
