In the current bull market, it's not an exaggeration to say that BTC is the standout performer, while other altcoins and ETH have not really kept pace. BTC has been surging ahead and is almost touching the 90,000 mark, with some even calling for it to reach 200,000! But speaking of which, how many people are actually making money? ETH hasn't skyrocketed like it did at the beginning of the year, and many people are still stuck with their altcoins, while mainstream coins are only seeing moderate gains.
What’s going on here? Do we still have a chance to get a piece of the pie? Let me explain.
One reason is that there simply isn't enough money in the market right now. All the funds are flowing into BTC, leaving little to spare for altcoins and ETH. The result is that the market looks lively, but there's not much profit to be made.
Another reason is that the new entrants are mostly institutional players who only recognize BTC, believing it to be the safest investment. Consequently, they collectively push BTC's price up. As a result, only BTC is rising.
If it's the second scenario, then there’s still a chance for everyone to grab some other coins. Because once BTC rises to a certain level, it will have a correction, and at that point, funds may flow into the second-largest (ETH) and altcoins.
But if it’s the first scenario, then it could be problematic, and the coins held may be difficult to recover. As soon as BTC falls, it will spark another major storm!
So we need to keep our eyes wide open, see the situation clearly, and not be misled by the superficial prosperity.
Recently, I've been planning to position myself with a potential coin that is ready to explode, doubling my investment should be quite easy, and I am also looking for some potential coins to hold until the end of the year, expecting a return of over 10 times is definitely feasible, but spots are limited! If you want to follow along, please like and leave a comment.
