A new round of market is about to start, some views on altcoins + simple description
A new week has begun. Although the market is in a volatile adjustment, new coins after a round of wash-out have begun to show signs of breaking through, especially for Meme attribute tokens. Many people will fall into a misunderstanding that a certain coin has a high market value, or a high price, and think that it will not rise much.
But the fact is that the market value we see is virtual value, and the price is only the transaction price. In theory, the dealer can take two funds, one part for buying and one part for selling, and the coin price can be raised by transferring from the left hand to the right hand.
For the dealer, the key is to be able to grasp this long-short relationship, or the supply and demand relationship, and gradually sell the chips in hand in a benign way. When you understand this principle, you can understand that a coin that has risen a lot can still rise more.
In the early and middle stages of the bull market, you must be bold. Speculating on coins is a game for the brave, and only those who are bold can make big money. In the late stage of the bull market, you must be careful, because people may be killed at any time, and you must be able to control the profit retracement.
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$BNB:
- One of the most worthwhile tokens to hold during the bear market
- It may be a relatively safe long position
- There is a new share income to increase the position, which is suitable for large funds to hold for a long time
$SOL:
- After BTC and ETH, the best currency to buy as the core of the spot investment portfolio
- It has consolidated its position as the third largest major cryptocurrency
- I expect SOLETH to go higher at the top of the cycle, but not by much. The risk is higher than ETH, but the reward is higher
- This is my largest altcoin position before
