November 13, 2024.
There is a hint of madness in the air~
Dogecoin has soared, with a consecutive few days of 30%~40% rocket-like rises, reminding me of the last bull market.
Only the duration of the surge and the intensity of the increase are different.
But the human tendency to chase after rising prices will repeat itself, triggering asset bubbles and pushing the market into the late stage of a bull market.
Of course, this is just the initial performance of altcoins.
Next year will belong to mainstream coins and altcoins. Daily surges of 30%, or even doubling in a single day, are becoming common.
Once Bitcoin rises to $100,000, altcoins will go even crazier.
When the market goes crazy, please do not copy anyone, focus on yourself. Position yourself in low areas for the coins you are optimistic about, earning money within your understanding.
Don’t look at others making hundreds of thousands in a day and then try to imitate them with $1,000,000.
Everyone's capital, risk tolerance, and understanding are different. The buy-in prices vary, so do not easily imitate anyone.
Imitating from the East or the West will only result in a futile effort.