In the cryptocurrency market, can ordinary people really change their fate through speculation? In a bull market, the price of altcoins (i.e. non-mainstream cryptocurrencies) may soar 3-10 times in just 1-2 weeks.
However, it may then experience a 50% to 90% plunge, which will last for months. If you fail to make a timely move within the profit window of one or two weeks, you may miss the opportunity.
Fortunately, the market in the bull market will have multiple washes, providing you with opportunities to exit. Therefore, there is no need to worry too much about missing an opportunity. The bottom of these altcoins will go through multiple washes, just like a certain currency at present, although it has fallen by 90%, its bottom is still undergoing baptism, giving you an opportunity, but most people fail to seize it in time.
In the world of investment, opportunities and risks coexist. Although speculation may bring temporary huge profits, it may also make people lose all their money. Therefore, it is crucial to remain rational and cautious when chasing profits in the cryptocurrency market. Don't be confused by short-term gains, always pay attention to market dynamics, and do a good job of risk management to achieve stable returns in the long run.
If you want to get rich in this bull market, we have established the best information network on the Internet to share our experience and strategies. Check the top and follow the bull market deployment. Whether it is a slow bull market or a sector rotation, you will never miss it.
