#BTC☀
Why is BTC adjusting?
The current market is really confusing for traders. The old methods of predicting prices by looking at trends and data are no longer effective. It feels like we are just watching the fun, not leading everything, because the market is simply confusing.
When Bitcoin rises, other altcoins fall; if Bitcoin stabilizes, altcoins will continue to fall; if Bitcoin falls, altcoins will fall even more. Even if Bitcoin hits a new high, altcoins still fail to live up to expectations. For example, Ethereum has broken through $3,800, but those small currencies are still depreciating.
What's going on with altcoins? Those experts who said that altcoins will rise as Bitcoin rises have miscalculated this time. I was thinking that Ethereum could reach $4,000, but it didn't work.
We really don't understand this market, it's too complicated. The market is unhealthy and messy, with many bad projects pretending to be good opportunities, just like those cheap websites selling fakes. Investors now have no trust and can't tell which coin is reliable and which is useless. Bitcoin and Ethereum are still big names and reliable, but the others are unreliable.
If you are lucky, you may be able to find a good altcoin, but most altcoins are probably going to fail. Some people say that the market will get better next year in 2025, but who can say for sure? Unless the market can become more stable, more standardized, and more transparent, people still dare not believe it.
So what do you do in this unreliable market? Do you hold on to your coins, keep your eyes open to find good coins, or just gamble? One thing is certain: people have to trust this system again for the market to develop healthily.
The market has experienced a sharp drop. Next, I will prepare some currencies suitable for bargain hunting as a plan to recover the investment. If you are confused and helpless, please follow me! Choice is more important than hard work.