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#MDUS #BTC 🌹Why didn't this bull market produce phenomenon-level altcoins that are several times larger?
🌹This wave of market, the overall market rose from 15500 to 73000, an increase of about five times. Ethereum rose from 1000 to 4000, an increase of about four times.
🔥 However, some underlying altcoins have not performed well, so this bull market is different from the previous one. We will find that in the previous bull market, the market capitalization of 100x coins was only 10 million when they were listed, and it increased to 1 billion by 100 times.
🔥And now the new coins listed in this bull market are in the billions, tens of billions of US dollars, directly opening high and then going low, listing and cutting leeks, and then continuously releasing locked coins. The number of dealers and institutions coming in is increasing, and the tricks of the dealer are constantly being upgraded, just cleverly diverted by high FDV and huge volume of new projects.
🔥 altcoin Bull Market needs 10 times as much money as the 21-year-old Bull Market, what is the concept of 10 times 1 trillion? 10 trillion, which can make BTC pump long less? But BTC's ETF brought in long billion dollars
🔥When everyone is buying new coins and not old ones, the dealer directly launches coins with a market capitalization of billions of dollars, and new coins are even launched every week or even every day, making it impossible for you to buy them all.
🔥From this fall, it can be seen that the market's capital withdrawal is too severe, with many new coins falling by about 50%. If profits were not taken earlier, it would result in losses.
🔥Now even the dealer is smart, using high-level strategies to attack retail investors, and using retail investors' knowledge to make money from them. So now everyone should be extremely cautious about new coins, as most of those who get rich quick are basically participating in primary market initial coin offerings (ICOs) and airdrops. On the contrary, there are very few outstanding performances in the secondary market. It's not that there are no good coins, but most coins are average.
🔥So it is recommended that you hold a heavy position in Bitcoin and hold altcoins as a supplement. When Bitcoin falls more than 10%, you can buy it in batches. Only pay attention to the leading altcoins, and never go all in on a single altcoin unless you have sufficient understanding of the project's future plans and trading strategies, otherwise you will eventually get whipsawed out of your heavy position.
🔥Some trends to watch: big money won't dare to rush into altcoins! More and more people will realize this! Without external support, internal PVP will face serious blood loss.
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