September 16, 2024.

The market is still volatile.

Ethereum is too weak. Since the beginning of last year, it has been weakly following Bitcoin, with almost no independent market.

At the end of 2023, SOL outperformed the market.

At the beginning of 2024, BNB outperformed the market.

Bitcoin is my first position, and Ethereum is my second position.

Now I can only expect ETH to have a chance to perform at the end of the bull market, at the end of 2025. It's tasteless to eat, but it's a pity to throw it away.

Maybe in most cases, individual coins are not worth buying.

The market is not easy to beat. Most people's similar investment portfolios, Bitcoin + Ethereum + XX coins, all underperform the index.

Bitcoin is the index, and 90% of the currencies cannot outperform the index. The remaining 10% that can outperform the index can only outperform the index in a short period of time. Holding Bitcoin can beat 90% of people.

The market is suitable for long-term holding, and individual coins are suitable for swing trading.

Because individual coins often deviate from the market.

Only when a coin deviates too much from the market and is extremely undervalued, is it worth taking out some money to invest, such as BNB, which was in crisis last year. (It can only outperform the market Bitcoin for a few months)

When a coin outperforms the market in a major uptrend (such as SOL) and is recognized by the public to outperform the market in the future, it will not outperform the market for a long time in the future.

I expect Ethereum to deviate too much from the market next year and be corrected wildly. Compared with the market (Bitcoin), Ethereum is also a coin.

Compared with individual coins, the market (Bitcoin) is more stable.

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