In 2024, Bitcoin is undoubtedly the absolute king of the currency circle, and its C position is as stable as it can be! Its charm has long surpassed the discussion of short-term rise and fall, and has become the "ultimate asset" in everyone's mind. This year, the performance of the altcoin market is also amazing, but how long can this craze last?
The top three copycats: SOL, DOGE and others
The star of 2024 is undoubtedly SOL (Solana), which not only has an amazing growth rate, but also leads a number of on-chain projects to "reverse the circle" and create countless wealth legends. Some people say that SOL is the "second in the cryptocurrency circle" this year.
Following closely is DOGE (Dogecoin), which continues to showcase its 'top-tier' style, with several waves of price surges leaving people astonished, firmly securing the third position. In comparison, ETH, while still stable, has lost some momentum and seems slightly low-key.
Bitcoin ETF: Driving Force
Bitcoin has completely detached from the association with altcoins. With the launch of ETFs, a large amount of capital has flooded into the market like a deluge. Regardless of whether the price is 50,000, 60,000, or 70,000, the main capital is crazily accumulating. Those who were bearish on Bitcoin in October can now only watch as the market soars.
As the market often says: 'The harsher the criticism, the stronger the rise!' Bitcoin's performance perfectly confirms this.
The Chaotic Laws of the Bull Market
2024 is destined to be a dramatic year. Incredible events unfold one after another, making 'heroes emerge in chaotic times' a true depiction. But it is important to remember:
Bitcoin is the only unchanging 'big brother'.
Altcoins may be on the leaderboard today, but they could disappear tomorrow.
Fluctuations are the norm in the market, so there is no need to be overly entangled.
For ordinary people to make money, the key lies in patience and layout. Don't think about getting rich overnight, nor expect to succeed just by following the trend. Use time to exchange for space, and wait for the profits that truly belong to you!
Technology + Mindset = Result
In the coin circle, to make money, you need to do the following:
Technical Aspect: Learn to analyze, do not blindly follow the trend.
Mindset Aspect: Maintain your mindset, endure loneliness.
If these two cannot be balanced, you are likely to miss opportunities in hesitation, and even accidentally 'break the bowl and spill the water'.
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