October 5, 2024.
I just visited the market and the overall situation is terrible.
If you have configured altcoins, there is a 95% probability that you will not outperform the market (BTC), and when it falls, it will fall particularly hard.
Even if there are some that outperform the market, they will outperform in a few periods of time.
Outperforming the market occurs in periods when no one is optimistic. For example, last year's SOL performed best when no one was optimistic.
Now many people are optimistic that SOL will outperform the market in the future,
SOL may not outperform the market for a long time (within 1 year).
The same is true for BNB. At the end of last year, Binance filed a lawsuit, and almost no one was optimistic about BNB. At the beginning of this year, it began to outperform the market.
Now everyone is optimistic about BNB again,
Many times, individual coins are not worth investing in, unless they are seriously undervalued. Abandoned and forgotten by the market, there is a chance to create high returns in a short period of time.
Otherwise, it is better to hold the market (Bitcoin) directly.
Of course, the best strategy is to hold 90% of the funds in Bitcoin for a long time and use 10% of the funds to invest in extremely undervalued currencies.
#加密市场急跌 #币安上线EIGEN #大A香还是大饼香 #非农人数大幅升温 #Bitwise申请XRPETF $BTC $ETH