Why can't you make money in the so-called bull market?
After talking about the market and altcoins, let's talk about the reasons why most of the friends can't make money:
The first type is that they think the market value or price of a certain coin has doubled many times in the early stage and they dare not touch it?
Take pepe as an example. In November 2023 and January-February this year, everyone asked me which long-term coin to buy? Basically, I can't help but mention pepe. At the beginning, I was very confident that PEPE might follow the path of shib in the past. Even worse, it would be ten times. PEPE has now given many people the answer. It has indeed gone 10 times this year, and it has also taught people who thought that the market value and price were high in the early stage a hard lesson, because since the beginning of this spring, only pepe has run ten times in the bull market.
The second type is to change positions when the market fluctuates and falls?
This type of operation is undoubtedly the most dangerous in the market. For those who do not take u as real money, take the position problem that many friends talked to me about some time ago. The market is already in an adjustment trend, and you still have to move your own positions. Moreover, most of the adjustments are altcoins with a loss of about 20%. Is it meaningful to switch from holding L2 concept currencies to staking track currencies? Will you switch a 20% altcoin to another currency and continue to lose 20%? In this way, you will lose 40% in one go. This situation still exists at present.
In the process of decline and adjustment since this year, only MEME concept and RWA concept are relatively strong, and the price rebound is better, such as PEPE and ONDO. If you hold these, you don’t need to move, and you won’t change.
The third type can’t hold. The altcoin with a narrative in hand can’t stand the volatile market, and sells it in the trend of gradual outbreak, and regrets chasing high and being trapped later.
This type of people are more anxious, that is, they must explode within a week after buying. If you don’t explode, I will sell, if you explode, I will chase, and if I am trapped, I will resist to death. Is there you?
