Have you, like many investors, completely lost faith in those altcoins that initially seemed to have unlimited potential but repeatedly disappoint?
Do you know? Some people fall into despair not just because an altcoin suddenly dropped 15% one day, but because it completely erased the gains accumulated over the previous 10 days in just one day!
The hidden intricacies behind this are actually quite complex. First and foremost is the price trend of Bitcoin increasingly resembling that of US stocks, with wild fluctuations making it difficult to predict accurately. So, what about those altcoins that everyone once expected to be the next key to wealth?
They seem to be following the path of A-shares, with prices rising and falling unpredictably, leaving investors utterly confused. What’s even more concerning is the insane speed at which various assets are being issued; the entire market resembles a balloon desperately being inflated, looking glossy and robust on the outside, but actually accumulating internal pressure, with the risk of bursting at any moment.
In such a severe situation, a large number of investors have fallen into a quagmire of confusion and disappointment. They originally believed that these altcoins would serve as the golden key to wealth, bringing them unimaginable returns, but now it seems more like a fleeting dream, illusory and unrealistic.
In the predicament of lacking continuous injection of fresh external funds, the market can only barely maintain a semblance of lively temperature through sporadic hot sectors that occasionally arise; however, how long can this heat last and withstand several rounds?
In this tide of uncertainty, where anything could happen, each of us is trying our best to search for our own answers. Perhaps you have already become disheartened with altcoins, but please remember, investing is like a long marathon; it’s about endurance and stamina, not a fleeting sprint.
In the crypto world, it’s not about who earns more, but who survives longer.