The market is sluggish, don't invest impulsively
The market is sluggish, hold the funds in your hands, observe more, try more, don't invest impulsively.
From last year to this year, in addition to some fanatical Meme coins, there are many projects with innovative mechanisms that have attracted a lot of popularity and funds, such as inscriptions, etc., which are different from general ecological projects. In some technical aspects, such projects have completely changed the previous logic or mechanism, thereby attracting a lot of popularity, and with the inflow of funds, it is easy to become a hit.
After becoming a hit, related projects have sprung up like mushrooms after rain, one after another, and emerged crazily. There are definitely projects that take advantage of the hot spots. There are very few or basically no projects that can surpass their leaders, which makes their follow-up projects easily affected by the price fluctuations of the leading projects, which can be said to be a ripple effect.
Now, with the decline in the popularity of new mechanism projects in the past, major sectors have also become calm. Although they have made many people rich, looking at the entire market, they have not brought much change to the blockchain. The entire blockchain is still a game of financial capital, and the impact of technology is not as great as people imagine.
People who see this clearly need to always maintain awe of the financial market. Projects that have risen with some gimmicks will eventually fall into calm without the support of subsequent strong talents. They should stop profit at the right point. Talking about making money is the foundation of the currency circle. Talking about consensus is that money has not been made enough. $BTC $ETH $SOL
