After this wave of Bitcoin’s rise, I didn’t do anything to chase pumps in altcoins.
First, my Bitcoin position is already enough for me—I have no desire to chase altcoins. Second, experience from the previous cycle tells me that, currently, there are very few assets in the crypto market that have real medium- to long-term trading value.
So for me, at the moment, there are only BTC, ETH, SOL, and HYPE—everything else is more suited to short-term trading. But short-term trading requires you to keep an eye on the charts at all times, which consumes a lot of time and energy. I no longer have the physical capability for that. So I’m more inclined to do this kind of medium- to long-term trading: it’s more time-saving and possibly yields higher returns.
Third—and even more important—things in the crypto space have become extremely convenient now. You can trade a huge number of assets. That means that with just a single trading account on Binance or OKX, you can trade many excellent trading assets around the world.
There are simply too many options. So refusing to choose altcoins might actually be the best choice.
First, my Bitcoin position is already enough for me—I have no desire to chase altcoins. Second, experience from the previous cycle tells me that, currently, there are very few assets in the crypto market that have real medium- to long-term trading value.
So for me, at the moment, there are only BTC, ETH, SOL, and HYPE—everything else is more suited to short-term trading. But short-term trading requires you to keep an eye on the charts at all times, which consumes a lot of time and energy. I no longer have the physical capability for that. So I’m more inclined to do this kind of medium- to long-term trading: it’s more time-saving and possibly yields higher returns.
Third—and even more important—things in the crypto space have become extremely convenient now. You can trade a huge number of assets. That means that with just a single trading account on Binance or OKX, you can trade many excellent trading assets around the world.
There are simply too many options. So refusing to choose altcoins might actually be the best choice.