The Dilemma of Investing in Altcoins: Profitability is as Difficult as Climbing to the Sky

Nowadays, it is increasingly difficult to speculate on altcoins in the cryptocurrency market.

Firstly, the number of altcoins has surged, and the variety is overwhelming; secondly, most altcoins are deeply manipulated by projects and platforms.

Market supply and demand data is transparent, yet it is exploited, as project parties and platforms collude, arbitrarily pumping and dumping prices, harvesting investors. The prices of altcoins fluctuate wildly, soaring two to three times in a day, only to drop 30% - 50% the next.

The era when retail investors could easily make money by randomly buying altcoins is long gone.

Today, seeking to profit in this market presents numerous challenges: information is delayed and one-sided, making it hard to detect undercurrents in the market;

Moreover, investors must engage in a difficult game with project parties and platforms, as a moment's inattention could lead to traps.

In the future, those who can survive and profit in the altcoin market will be the very few elites with unique insights, deep knowledge, and strong psychological resilience, making profit as challenging as in the A-share market.