Cryptocurrency veterans tell you! Must-see essentials for beginners are here! 🔥🔥🔥
In the crypto world, if you choose the right direction, it can really be twice the result with half the effort. Imagine if you had invested in Bitcoin or Ethereum six years ago, you would have made a fortune by now, at least a hundredfold increase is not a problem!
I remember when Bitcoin dropped to 3800, and Ethereum was only 88. Then when the bull market came, Bitcoin shot up to 69000, and Ethereum followed to 4800, Ethereum increased by 60 times during this wave! Impressive, right!
But if you blindly follow the trend and buy those altcoins, you might end up losing your principal, and miss out on a great opportunity to make money. By the time you realize it and want to turn things around, you might have to wait for the next cycle.
I entered the market in 2017, when there were countless cryptocurrencies, and new projects were popping up every day, but most of them were scams, making a quick buck and then running away, changing their names to continue harvesting retail investors. That's why altcoins may still be around this year, but they might disappear in the next cycle.
During a bear market, altcoins are absolutely a no-go! Beginners, it’s better to honestly buy Bitcoin and Ethereum. As long as these two giants stand strong, other coins wouldn’t dare to act recklessly. Bitcoin and Ethereum have experienced countless bull and bear markets; many altcoins peak right out of the gate and then decline all the way, never to return to those high prices, and some even disappear completely.
DCA (Dollar-Cost Average) Bitcoin during a bear market, this is my secret recipe! When the bull market arrives, Bitcoin will definitely lead the charge, and only after it surges will altcoins start to follow suit. There’s a strategy to DCA; invest a fixed amount every month, or buy the dip at 20% down. I can’t guarantee other coins, but Bitcoin will definitely rebound, and if you hold on until the next halving cycle, the returns will absolutely satisfy you!
Now BTC is once again surging to 100,000, and the market is fully exploding! In this situation, it’s the best time to lay the groundwork for potential altcoins! I have carefully selected a cryptocurrency expected to triple in the short term and increase 5-10 times in the long term, leave a comment + like, and I’ll share it for free!