Yesterday I asked "Which coin do you regret buying the most in this bull market?" The answer was the same. Those who bought altcoins all regretted it.
Whether it was the old coins UNI, DOT, DOGE in the last bull market, or the new coins ORDI, BB, WLD in this round, you can't make money if you buy them, they have been falling sharply.
Someone in the group said it right, too many new coins were issued, like the A-share market, they just raised money when they were listed.
Most of the money is in a few high-quality projects, and no one cares about junk coins. It's not that altcoins don't have opportunities, unless the market is extremely greedy, such as the greed index exceeds 80, the large-cap coins hit a record high, and the market value of the TOP5 fell sharply.
Now the TOP5 accounts for more than 80% of the total market value, and altcoins share less than 20%.
It is a rule that altcoins will surge and trap retail investors in the late bull market, but the altcoin season is still far away!
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