One day in the cryptocurrency world is like 10 years in the real world. This is never empty talk.
From early November to mid-November, the market was still in a state of constant temptation to sell, and many people were worried about a sharp drop.
In early November, people were worried that the US election would lead to a sharp drop. Bitcoin broke through $73,000 after Trump took office, but people were still worried that the market would fall sharply.
Especially since Ethereum and all altcoins have not moved, it is even more worrying.
However, the cryptocurrency world is so magical that it can break everyone’s cognition in just half a month.
DOGE has risen, XRP has risen, DOT has risen, ADA has risen, and all the old currencies that no one was optimistic about before have risen.
What is the saddest thing in the cryptocurrency world? It is that the coins that are rising well have nothing to do with you. Other coins are rising, but the coins you have selected and invested in are still falling.
Why are the coins I selected falling? Because the coins I bought had risen in value, and they rose well, so I thought they would continue to rise, so I bought them.
But I didn't know that the rise of this coin had ended, so it started to fall after I bought it.
Why did I miss out on other coins? Because when they were at the bottom, I couldn’t tell whether they would fall further. Because they didn’t rise, I was afraid that they would continue to fall, so I didn’t dare to buy.
When the market started to rise, I was afraid of a pullback, but it kept rising, and finally I couldn’t help it and entered the market at the top.
This is the most fundamental reason for losing money. You cannot recognize the market and don’t know where the bottom is to enter or the top is to exit.
Recently, everyone should have noticed a currency that has performed very well: ENS. We have been lurking for a long time, some bought it at $8, some at $10, and some at $12-13.
Basically, they have achieved a 3-4 times increase, and some investors have even achieved a 5-fold return. As far as the ENS currency is concerned, the income earned is almost equal to the sum of all our assets, while the investment income of other currencies is negligible.
Yesterday, Ripple (XRP) exploded, rising by nearly 20% in one day, soaring directly to the fifth place in the cryptocurrency circle, surpassing BNB and Dogecoin, and becoming the one with the largest increase in the current top ten, no doubt about it.
It has risen by 270% this month, and just now it broke through the previous high point, breaking through the 1.8 position. I reminded everyone to get on board when it was around 1.3 a few days ago when it was in a correction. I didn't expect that Ripple would take off again after such a long period of silence. What does this performance show? The explosion of altcoins is getting closer and closer.
The trend of wealth for the next four years has quietly taken shape.
