The current situation is that Bitcoin is strong and altcoins are weak, which can be seen from the market capitalization ratio:
Therefore, there will be two situations next:
First: BTC continues to rise or go sideways, and altcoins will follow weakly. If BTC can no longer rise, altcoins will explode.
Second: BTC will adjust back and altcoins will follow suit! That is, it is currently the middle of the entire bull market. Don’t be afraid of being trapped. In this case, if you are short, my approach is to actively seek to be trapped and do altcoins in batches. There will be an explosion of altcoins during the entire cycle. As long as you believe that you are buying a value coin, don’t change your position at will!
Although the altcoin market will be late, it will eventually come!
After looking around, I feel that everyone has been panicked by altcoins. I think this is normal and it’s not something I haven’t experienced before!
1. Bitcoin rises by itself, and it rises happily, then jumps up and down and takes a break.
2. Ethereum and other public chains make up for the rise, and finally the hot and high-quality altcoins begin to explode.
Familiar taste, familiar formula, but it can subdue retail investors every time!
Because when it falls, retail investors only have three seconds of memory!
If you want to catch the whole bull market, don't worry about gains and losses all day long because the price fell in one hour and then rose again. You should think that I should have just sold it and bought it back now, and I made a little more money. If you want to do short-term trading, then you should look at it through technology. When the market stops falling and enters the market, when the market shows a reversal signal, leave the market decisively and take your own gains, even if it is a few points at a time. Don't envy the big gains that long-term traders get at the end because you choose short-term trading.
Finally, if you are a pure novice and you want to rush into the currency circle when you see BTC hit a record high before, then I suggest you pay attention to me first, learn the knowledge of the currency circle with me, and make up for your basic skills. Only by laying a solid foundation can you go further.
#IO #NOT #BOME #BTC #ETH🔥🔥🔥🔥
