In fact, it is the nature of retail investors to discuss whether it is a bull market or a bear market every day. To put it bluntly, this has nothing to do with whether you make money or not.

Are you buying BTC, US stocks, or gold? No, you are buying junk altcoins, the kind of altcoins that are randomly issued by a few college students in the dormitory. Even if Bitcoin rises to 100 million, it will still fall. Therefore, the bull market has nothing to do with them.

Secondly, returning to the market, even if you buy some relatively high-quality altcoins, they are actually falling all the way. In this round of market funds, Bitcoin and gold are mainly used. No one buys other coins. Only under the premise of loosening the overall environment, altcoins may rise sharply. For example, the Federal Reserve cuts interest rates to stimulate it, but this is too hypocritical. Even if you ambush altcoins and wait for interest rate cuts, the market value has shrunk by 80% before the interest rate cuts, and it may not rise back after the interest rate cuts!