Introducing to new friends in the circle: How the altcoins perform in a bull market!
First, it has to surge by 3 to 5 times, otherwise, it cannot be called a bull market. Then it might drop by half to eighty percent, roughly back to the starting point. After that, it regains momentum, and when the main uptrend comes, it can rise by another 5 to 20 times, reaching the peak of the bull market. Once the bull market ends, the price may drop by more than ninety percent!
Many people underestimate their ability to choose coins, thinking they are not capable; but they overestimate their perseverance in holding coins, believing they can endure.
To catch that hundredfold coin, one must be psychologically prepared to accept a significant price drop and a substantial reduction in profits. In between, one has to go through many ups and downs, psychological torment, to finally break through!
Thus, the test of a big bull market is not just about the rise and fall of the market but also a test of our mentality. Faced with fluctuations in our accounts, we must remain rational. Next, I will reveal the potential tenfold coin! Guessing is not as good as seizing opportunities! Like + comment, feel free to share.