🚀 In-depth analysis: Why choose new coins instead of old coins? 🚀
After looking at more than 100 coins, I summarized several common points, and these experiences may be helpful to you:
1️⃣ Speculate on new coins instead of old ones:
Most old coins generally have no one to protect the market during the decline, and it does make sense to speculate on new coins instead of old ones. New coins are usually more dynamic and have more potential. Even if there are some counterexamples on some new coins, the overall trend is to develop in a new direction.
2️⃣ Short structures are prevalent:
Even for new coins, or coins that have been active or soared in the early stage, most altcoins are still in a short structure at the daily level (more than 95%). This means that the so-called altcoin season will not come in the short term, and investors should be cautious.
3️⃣ Avoid unpopular coins:
The market depth of some unpopular coins is very poor, and basically robots are controlling the market. Don't touch the coins with small-level K-lines that are "looms", these are all fishing traps.
🔴 Key points:
Before the BTC 4-hour level market turns bullish, don't easily participate in altcoin investment. It's tempting to see some coins on the gain list rise by more than ten points, but most of them rebound by 10% after falling by more than 50%. Such a rebound is not very meaningful.
🎯 Experience:
Even if there is an increase in the future, if it is just a range rebound, it is difficult to form a trend of increase. My personal experience is: when playing altcoins, you must play altcoins with start signals. Don't be aggressive in the decline and the bottom sideways!
🌟 My point of view: 🌟
Investing in cryptocurrencies requires rationality and strategy. It is crucial to choose the right time and currency. New coins usually have more potential, but avoid those unpopular coins that have no market depth and are controlled. Don't blindly follow the trend, stay calm, and wait for a clear start signal before entering the market.
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