This wave of market turmoil has seen many altcoins continue to decline, with almost half of the drop leaderboard made up of them. What does this reflect?

It clearly indicates that, in this round of market activity, many altcoin project teams are not genuinely interested in doing work, but are instead taking advantage of this bull market to frantically launch and cash out, cutting the grass whenever possible.

The true purpose of most new coins is simply to capture market sentiment and quickly realize profits at their peak.

Many are still fantasizing about the myth of 'tenfold or hundredfold returns in a bull market,' but this clearly tells everyone: at this stage, don’t expect any tenfold or hundredfold returns from altcoins, even achieving fivefold returns is difficult!

Even if you really encounter a short-term tenfold opportunity, most of us probably can't hold on to it. Moreover, such 'lucky ones' are rare, comparable to winning the lottery.

Advice: Stay away from altcoins, especially newly launched ones! Be careful not to fall into a trap and get harvested by the project team!

Steady investment is always better than chasing high profits to preserve your capital; even in a bull market, one must remain rational and calm.