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Why should we buy new rather than old when investing in altcoins? ? ?
Why do new projects increase more than old projects? The growth rate of new projects will inevitably be greater than that of old projects.
In terms of counterparties:
First, there are few new projects holding up stocks. There are relatively few hold-up orders for new projects, and the selling pressure faced by market makers is small. When more than 90% of the chips are in profit, most token holders tend to be reluctant to sell. Buying orders are stronger than selling orders, and smaller funds are needed. Can drive growth. As for old projects, they have experienced several bull and bear rounds and have fallen from highs. In addition, the bull and bear cycles of the crypto market are shorter (we know that the inventory cycle and pig cycle are 40 months, the equipment investment cycle is 10 years, and the real estate cycle is 20 years. If Bitcoin The currency halving cycle is still valid for the market, basically a four-year cycle, and it starts to rise after one year of decline), so there is insufficient change of hands at the bottom, and the market makers face greater selling pressure, especially at key resistance positions. There are a large number of hold-up orders, and it is necessary to wash away the unstable floating chips by withdrawing the first two and withdrawing one. A typical example is LTC. In this halving market, the trend is to withdraw the first two and withdraw one, secretly developing.
In terms of counterparties:
First, there are few new projects holding up stocks. There are relatively few hold-up orders for new projects, and the selling pressure faced by market makers is small. When more than 90% of the chips are in profit, most token holders tend to be reluctant to sell. Buying orders are stronger than selling orders, and smaller funds are needed. Can drive growth. As for old projects, they have experienced several bull and bear rounds and have fallen from highs. In addition, the bull and bear cycles of the crypto market are shorter (we know that the inventory cycle and pig cycle are 40 months, the equipment investment cycle is 10 years, and the real estate cycle is 20 years. If Bitcoin The currency halving cycle is still valid for the market, basically a four-year cycle, and it starts to rise after one year of decline), so there is insufficient change of hands at the bottom, and the market makers face greater selling pressure, especially at key resistance positions. There are a large number of hold-up orders, and it is necessary to wash away the unstable floating chips by withdrawing the first two and withdrawing one. A typical example is LTC. In this halving market, the trend is to withdraw the first two and withdraw one, secretly developing.
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