Why do so many altcoins fall 90% and never recover?
I bought #牛逼 two days ago. At first I was down 30%, but I couldn't accept it, so I held on.
Then my losses grew to 50%. When I checked again today, I was already down 70%.
I could have cut my losses, but I was afraid to take the hit, so I stubbornly held on until it went to zero.
Many people like to use a simple logic to judge altcoins:
If it falls 90%, it only needs to go up 10x to break even.
But altcoins rarely offer that kind of opportunity. Once they fall, they may never recover.
Not every project that's fallen 90% has a chance of recovering.
The project may have already lost its users, the team may have stopped developing it,
trading depth may be getting worse, and more tokens may keep unlocking.
A 90% price drop doesn't mean the project is cheaper—it may mean it's been abandoned!
Long-term #定投BTC players can wait for BTC to fall before buying,
because $BTC has already been tested by the market and gone through many cycles.
For many projects, a price drop means their life cycle is over.
Don't insist that picking up a bargain is always a good thing. You could easily end up with a pile of trash.
Many people keep losing money on altcoins and paying tuition,
but before the next FOMO, they jump right back in and can't stop.
Remember: most people who make money through luck will lose it again through their own actions.
#山寨币热点
I bought #牛逼 two days ago. At first I was down 30%, but I couldn't accept it, so I held on.
Then my losses grew to 50%. When I checked again today, I was already down 70%.
I could have cut my losses, but I was afraid to take the hit, so I stubbornly held on until it went to zero.
Many people like to use a simple logic to judge altcoins:
If it falls 90%, it only needs to go up 10x to break even.
But altcoins rarely offer that kind of opportunity. Once they fall, they may never recover.
Not every project that's fallen 90% has a chance of recovering.
The project may have already lost its users, the team may have stopped developing it,
trading depth may be getting worse, and more tokens may keep unlocking.
A 90% price drop doesn't mean the project is cheaper—it may mean it's been abandoned!
Long-term #定投BTC players can wait for BTC to fall before buying,
because $BTC has already been tested by the market and gone through many cycles.
For many projects, a price drop means their life cycle is over.
Don't insist that picking up a bargain is always a good thing. You could easily end up with a pile of trash.
Many people keep losing money on altcoins and paying tuition,
but before the next FOMO, they jump right back in and can't stop.
Remember: most people who make money through luck will lose it again through their own actions.
#山寨币热点
