Recently, I saw that everyone is discussing whether there will be a Shanzhai bull market. Pessimists believe that there will be no Shanzhai bull market in the future. The bull market has not started yet, and Shanzhai has entered a bear market.

In fact, Shanzhai bull market will inevitably come, because the most attractive thing about the currency circle is the wealth effect, and the demand for speculation has always been there.

It is just different from the previous rounds of bull market, because there are too many currencies now, and N multiple currencies are listed every day. The dispersion of funds is not conducive to speculation.

Therefore, it is difficult to reproduce the previous comprehensive bull market. In the future, funds will be concentrated on track leaders and new narratives, as well as potential high-quality projects with low market value.

The myth that you can make money by buying anything in the bull market has come to an end. You must open your eyes when investing in Shanzhai.