The success rate of pursuing the dream of getting rich quickly through altcoins is like a shooting star in the night sky, rare and elusive. In the world of cryptocurrency, there is always a psychological and strategic battle between speculating in altcoins and sticking to mainstream coins such as Bitcoin and Ethereum.
The myth of a certain altcoin increasing in value by 100 times in an instant is a legend that many investors dream of. However, such stories are often rare among many failed cases. I have always emphasized that although participating in altcoin investment can add fun, it is necessary to carefully control the position and focus the main investment on stable cornerstones such as Bitcoin and Ethereum. Unfortunately, many retail investors prefer to take risks, hoping to accumulate wealth quickly through altcoins and then turn to steady investment. This idea of "getting rich first and then stabilizing" often ignores the cruelty and uncertainty of the market.
First, betting all positions on an altcoin requires not only courage, but also a mentality that is close to gambling, which is undoubtedly a high-risk behavior in investment.
Second, accurately selecting the future 100-fold coin from many altcoins requires not only keen insight, but also excellent luck. After all, among the vast sea of altcoins, only a few can really stand out.
Third, even if you have selected a potential stock, it is also a big test to remain calm and hold firmly in the face of large fluctuations and callbacks in the process. This requires investors to have strong psychological qualities and firm beliefs.
Fourth, successfully capturing the buying and selling points and achieving low buy and high sell is an extreme challenge to the technical level of investors.
It is as difficult to achieve a hundredfold wealth through altcoins as to climb Mount Everest. And such a story is more like a fictional legend on the Internet, rather than a reality that ordinary people can easily copy.
In this way, you can enjoy the growth dividend of the entire track and reduce the risk of a single project. For ordinary investors, this may be a more realistic and feasible way to wealth growth.
Finally, if you are a pure novice and you are excited to rush into the currency circle when you see BTC hit a record high before, then I suggest you pay attention to me first, learn the knowledge of the currency circle with me, and make up for your basic skills.Only by laying a solid foundation can you go further.
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