Is the bull market for altcoins really over, apart from BTC?
The answer to this question is definitely not that absolute.
Think about the last bull market, just before it ended, those altcoins skyrocketed in price during the last two months, with price increases of several times, even over ten times, not being unusual.
Once market sentiment rises, that kind of upward momentum is unstoppable. Just like recently in the A-share market, in just two weeks, it managed to recover all the losses from over a year. Such increases are fueled by high enthusiasm, unrelated to the company's performance.
If you are looking to invest in altcoins now, I believe making 5 to 10 times your investment within six months is really not difficult. Many people have lost money for two or three years, and they hope to catch a break in the next six months and turn things around.
I remember four years ago, Bitcoin started to rise from October 21, increasing from 10,000 to 30,000 by December 31, and then the altcoin frenzy began. On New Year's Day, Polkadot and Uni skyrocketed. Bitcoin's market share dropped from around 70%. I think this time Bitcoin might rise above 75,000, and the spring for altcoins might come again.
After the “94” incident in 2017, coins could not drop any lower, and investors suffered tremendously. But two months later, Bitcoin hit a new high, rising to 20,000. In 2021, similarly, many altcoins surged by hundreds or thousands of times within one or two months.
A true bull market only lasts for a few months, but when it rises, it’s something that people never forget in their lifetime. When the market is booming, if you have coins in hand, you might miss out on a major opportunity that comes once every four years.
Therefore, holding onto coins is the key. Those who only think about making quick profits often either miss out or get stuck. We need to broaden our perspective and seize the main upward trend of the bull market, so as not to miss this rare opportunity.
If you want to seize this bull market, it’s definitely too late to learn and sell at the same time; it’s best to have someone to guide you quickly.
Recently, I plan to position myself with a potential coin that is ready to explode; doubling my investment is quite simple. At the same time, I also plan to find some potential coins to hold until the end of the year, expecting a growth space of over ten times is not a problem. If you want to keep up, leave a message, follow, like, and share freely.
