Recently reflected on many things, it turns out I benefited from the 2021 boom. Therefore, I prefer to hold onto altcoins or top assets for the long term. In fact, the market structure has long since changed. Since 2022, holding any cryptocurrencies other than BTC long-term has resulted in dismal outcomes.

Because the projects you can buy in the secondary market are mostly at a fraction, often one-tenth or even one-hundredth, of what private placements and VCs paid. Trading events is far better than holding onto a few coins long-term. Moreover, most of the time, nearly all cryptocurrencies are in a long-term sideways decline. Prices only surge when narratives or distributions occur.

So from now on, whether in spot trading without leverage or in contract trading, I will not hold any currency long-term. Most currencies do not have long-term investment value.

There will be many profitable events and trades ahead. The market structure has shifted to favor trading over holding. An environment where inexperienced investors are completely eliminated. #加密市场反弹