How to make money in the crypto world?
Referring to the historical bull market BTC cycle, before the altcoin season occurs, there is a simple flow of funds: BTC → ETH → Major coins → Medium/Small coins → Almost all coins start to surge → Bull market ends and enters a long bear market phase.
The altcoin season usually presents a typical launching path, generally starting from the following aspects:
Some innovative projects start to rise first, represented by: SUI
Some MEME coins and various air coins then start to rise, represented by: PNUT/PEPE/VIRTUAL
Some undervalued established altcoins continue to rise, represented by: XRP/XLM/TRX/OM (best-performing stable coin)
All altcoins are surging wildly, and the market enters a frenzied state (this is also a huge warning signal, the so-called extreme leads to reversal)
BTC's dominance has retraced from a high of 61% to around 55%, and there is significant resistance at the 55% level for the major coin's dominance.
The altcoin season index has also reached 71, about to hit the altcoin season indicator of 75. In the past 90 days, among the top 50 tokens, 35 have outperformed the major coin, accounting for a high of 70%!
According to our statistics, among the top 50 tokens by market capitalization, only 11 have surpassed their historical highs (including this round of new coins).
These are: XRP, OM, WBT, TRX, RENDER, LEO, BTC, SOL, BNB, etc.
So don't hesitate any longer, hold onto your altcoins. We just need to pay attention to when the major coin's dominance falls below 50%, then altcoins will welcome a historic breakthrough and soar!
If you want to delve deep into the crypto world but can't find a clue or want to get started quickly, you can DM me. Also, I don’t sell courses, don’t manage trades, don’t do contracts, don’t play with funds, don’t ask me which coin can make money right off the bat, I truly don’t know. I hope our meeting is friendly.
However, seizing opportunities requires you to be prepared; being ready is essential to get on board. Newcomers should be down-to-earth, take one step at a time, learn, and understand. Since you are in this circle, you should figure it out.
If you can still get stuck and lose money in this market, comment 333, no long!
