Part 3 :(continued)
REASONS WHY YOUR ALTCOINS HAVE NOT GROWN:
Because the flow of money has not yet reached your wallet and the flow of money has not reached the stage you are in and the stage we need to have here
And the stage we need to have and the stage that you are currently in is after this stage (we can see 2 new ones) $ETH - with new money flowing into ALCOINS
And when new money flows into $ETH then this makes complete sense, 1ETH still has a relatively large market cap, 2 the current applicability is beyond discussion.. and other altcoins are benefiting from profit-taking flows before moving into ALCOINS
But the truth is that ALCOINS are different, the ALCOIN SEASON of the previous season and this season will differ due to 2 factors: the timing before the growth rate of bitcoin will be larger compared to this season. You see $BTC is around 90,000, if it doubles, it will be 200,000. It’s a very exciting story to happen.
Currently, BTC is rising to the 7th position, surpassing both Facebook and Tesla… now to reach the 7th position is very challenging for bitcoin, so this is something that everyone needs to pay attention to buying bitcoin. The explosion will not be as much as the previous season due to 2 reasons: the flow of money is relatively large, the money flow supplementing this stage will be less than in the previous season; the dilution level of the market in the previous season was less than at present. Three years ago in the crypto market, there were only 3 types of coins, so naturally, whatever flow entered nourished those 3 coins. More coins this season, there are many new meme coins launched on the web… in just one day, too many coins are listed on exchanges.
(To be continued)..