There may not be a bull market, nor a cottage season
If there is no bull market, the bear market will not come again. The simple operation of buying low and selling high in the big cycle that people expect may not appear again, because everyone knows and plans to do so
BTC is moving towards the story of digital gold
If BTC succeeds, those who can buy low-priced chips may be either black swans or take over after success
If BTC fails, it may never set a new high again
Whether it is ETH, L2, or MEME, the cottage coins may need to find the real story
Even a small cottage with a valuation of 100 million requires people to sell 2,000 BTC, 0.01% of the total amount is enough to support its price
Who will buy it?
VC says they value the tokens held by VC at a discount. When people buy VC tokens, they own their wealth at a discount, and the money disappears
The gold rush era of cryptocurrency is over. People can make money in the market now because they take huge risks
The market will not have sufficient liquidity under this risk
I would remind people not to buy "witch hunting" coins. This is similar to JUNO confiscating whale tokens
There is also PEPE, which uses a blacklist to ban an early buyer
We learn to be with cryptocurrency, just buy the coins you like