In the bull market of 2024, almost all altcoins have risen from August last year to now. Several times, dozens of times, tens of thousands of times (such as ORDI), or just a few dozen points. However, due to the different strengths, styles, and profit methods of bookmakers and project parties, the K-line trends displayed by each currency are also different.
Coins that experienced a sharp rise in the early stages of this year's bull market often did not perform very well in the second wave, and not many coins broke the previous high. However, coins that did not rise significantly in the early stages of the bull market can usher in gratifying trends (such as NULS, YGG, etc.). After the correction of the entire crypto market, they ushered in a rebound and even set new highs again and again.
But so far, there are still about 70% of copycat projects that have not experienced the real main Shenglang market. The currency with the main rising wave market is said to have experienced a huge increase in a short period of time (within a few days or weeks). For example, some new coins do not have a large increase after being launched, so there is no big market value bubble; or some old altcoins (such as XRP, SOL, etc. in the early stage) have not yet seen significant increases. Therefore, if you invest in these currencies that have not yet ushered in the main rising market, you can still face a large profit margin. After buying the spot, you can safely enter the market and wait for shipment.
In this long-term bull market, the best strategy is:
No chasing highs, no contracts, no leverage. Hold spot stocks firmly, do not change positions at will, and do not cut meat at will.
At present, most currencies will definitely break through the high point of the last pullback next time after experiencing a periodic correction.
The market will not treat those who are patient. The first step to success in the currency circle is to stabilize your mentality. Stabilize your position, hold your chips, and wait for your opportunity. And the premise of all this is that you didn't run.
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