It seems like lately people have been putting $SUI in the past, right? Not to say much, but today let’s analyze SUI and compare it with $SOL.
Maybe it’s because many people were FUDing SUI too much, causing everyone to sell off, and then SUI almost increased fivefold. (Often, the ones spreading FUD are the same people holding a lot, trying to shake others off to lighten the ship.)
Recently, it seems like these guys hit their targets with a 5x return, cashed out, and left SUI stranded with its super good chain that few people pay attention to anymore… Poor SUI.
When evaluating between Layer 1 $SOL and $SUI , I bet SUI is not as good as SOL, but in terms of accessibility, transactions, and the current SUI chain, it’s also very strong with a good ecosystem!
It even surpasses Solana in transactions. The price might dump during this period, but it will pump big in the next uptrend. Many people say SUI can go 50x-100x; that seems a bit too optimistic. Personally, I project that a 10x or 20x increase for SUI is possible.
I'm still buying for a good price at 0.8-0.9 if it's under 2$ it's still a cheap coin to hold( Not a finacial advice! ).
Don't listen to any shit news, do your own research Hang tight on your boat, there will be more storm coming, the one who still on the boat should be live on a nice sun shine beach!
=> These are indeed our hidden enemies in the investment process.
When the market corrects and turns all red, fear kicks in, prompting panic selling. But when you decide to buy, the market keeps dropping, risking long-term capital burial... => afraid to catch the dip
As the market begins to recover and turn green again, that's when FOMO kicks in. If lucky, you might make some gains, but if unlucky, blinded by endless greed, you'll end up chasing the peak, falling into naivety.
However, everything can be controlled if we have a panoramic view of the market and clear timing, plan, and targets.
The more detailed, the better. How much capital this season, what proportion to hold in the portfolio? How much percentage to allocate for trading, when to exit the target coin...
With such preparation, you won't panic when the coin runs because of lack of readiness or make wrong decisions. Even if the coin runs, with the right timing and long-term vision, you can comfortably hold.
Fundamentally, the current time has indeed begun an uptrend for a while. The market structure keeps rising, forming higher highs and higher lows, but the big wave is still far away.
Because 2024 is just the beginning, the bubble is in 2025, and that's when we need the timing to cash out and rest in 2026 to prepare for the new season.
During this period, coins with narratives and catalyst pumps run first, the rest follow. If a coin hasn't been pumped yet, don't be disappointed.
Just hold on, be patient, and you'll reap the rewards. When everyone in the showbiz starts shilling new coins, then worry, but for now, it's not the stage where any coin you buy will skyrocket overnight... so what's there to fear.
The truth is, MM is currently conditioning us to fear and panic. It's a scenario MM loves to use in each cycle. Simply put, before a strong BULL wave actually occurs, there are stages where MM trains us on how to fall for scam tokens into MM's hands.
There will be big waves, pumps x2 x3, and dumps back to our entry, sometimes even at a loss.
We're currently in that stage. MM leading us to such a mindset has its purpose.
The feeling of doubling or tripling without cashing out or ending up at a loss is truly uncomfortable.
The first time is fine, but the second or third, who knows if we can maintain our initial mindset.
So, in my opinion, there will be 2 to 3 waves like this before the real BULLRUN happens, and each wave will get bigger, causing more regret.
By the time we get used to cashing out x2 x3, our holdings will skyrocket to x10 x20 or even x50 to x100.
Therefore, determining the initial mindset is crucial. Holding onto a big win isn't easy if we're not mentally prepared for times like these.
Always remember, this is just the beginning of this BULLRUN cycle; every market dump is just MM scamming tokens from us.
Stay strong, HOLD; to earn x10, we must endure /2 and more.
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The best time to increase your xxx assets during this uptrend cycle is in the second quarter of 2024. Why? Because many topcoins have undergone significant corrections from their peak prices, some even returning to early year levels or levels from November-December last year.
Also, don't forget the adage "Sell in May"; markets tend to be volatile in May, especially in the West as they enter the summer holiday season, resulting in lower trading activity.
You might ask why not invest when the economy is stable, inflation is low, and interest rates are declining? Well, by then, most altcoins would have already surged by 5x or even 10x, making entries less attractive and liquidity might be compromised.
In 2022, the market experienced low liquidity and strong capital outflows as it entered a downtrend. Joining then, especially for inexperienced traders, could lead to significant losses.
That's why I believe the best entry point in this cycle is the second quarter of 2024, just before a strong uptrend begins. Although prices have dropped considerably, it's hard to pinpoint the exact bottom, so it's advisable to stagger investments throughout .
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