A fan asked: Is this a bull market? Why am I losing money, and when will altcoins explode?
I asked him if he was trading frequently, and he said yes.
As for when altcoins will explode.
Early bull market: Bitcoin rises, Ethereum is weaker than Bitcoin. Some altcoins rise a little, some just stay stagnant, and some sectors riding the hype will keep up with the pace.
Mid bull market: Some strong altcoins and hot sectors will complete their bull market gains early, and the old mainstream will also start to move.
Late bull market: This is also the phase when Ethereum rises the most, leading a group of altcoins to their peak, resulting in a general rise in altcoins.
In short, every market cycle is led by Bitcoin, except for the late bull market, which is led by Ethereum.
The rhythm is Bitcoin, Ethereum, and altcoins.
The big bull market is about to arrive, and I plan to position some tokens that are about to receive good news, while also looking for some coins with long-term potential to hold until the end of the year.
