In the cryptocurrency world, filled with temptation and risk, this year has been a whirlwind. In the past, many investors stepped in with dreams of getting rich, hoping to carve out a share in the wave of virtual currency.
However, this year's situation has been surprising. Friends are all complaining; losses have become the norm, and making money is as difficult as climbing to the sky. The reason behind this is the continuous decline of second-tier altcoins, with once-popular coins no longer shining, and there is a lack of continuous stories that could excite market enthusiasm.
Retail investors are particularly struggling. Most of them have not chosen stable BTC and ETH, but have instead bet their chips on higher-risk altcoins. In the past, some became wealthy overnight through altcoins, but that seems to be a distant legend now. Today, the decline of altcoins has caused significant losses for retail investors.
Looking back, projects that launched with a market value of tens of millions were already noteworthy, but this year, projects with hundreds of millions in market value are no longer rare. However, behind this is the meticulous layout of VCs, institutions, and exchanges. They early on controlled the bottom chips, then pushed them to the market at high prices, leaving retail investors with no choice but to take over when they entered.
Currently, the market landscape has changed. New user growth is slow, liquidity is scarce, and retail investors are no longer easily following the trend. On one hand, VCs are eager to cash out and leave; on the other hand, the market lacks fresh blood. This situation has led to a stampede-like sell-off, and the secondary VC market remains bleak.
More importantly, this year, the dominant force in the market has shifted. The Federal Reserve's policies have had a significant impact on BTC, and its pricing power is to some extent controlled by the Federal Reserve. Investors have no choice but to closely follow the Federal Reserve's policies, betting on the rise and fall of BTC.
Against this backdrop, the prospects for most VC coins are bleak, their legitimacy is questionable, and they face the crisis of extinction and delisting. For investors, this year may be the last opportunity to cut losses in time and escape from VC coins.
Overall, this year's investment strategy should lean towards being conservative and stable. BTC and ETH are relatively safe choices, Sol can be considered appropriately, while high-risk MEME is not suitable for most investors. Participation often only serves as a liquidity provider, making it difficult to achieve ideal returns.
In this hellish bull market, it's difficult to make a profit by going solo. If one cannot change their thinking habits, they may end up with nothing when this bull market ends. Our studio has achieved ten times the profit since last year (see my other articles). Now, with the midpoint of the bull market approaching its end, if we seize the second half well, earning over ten times profit is not difficult; the choice is crucial!
