This big drop really turned the market upside down. The mainstream coins can still hold up, but the altcoins are miserable and fell into a mess. This shows at least two things:
1. Mainstream coins and altcoins are not the same thing at all. One is the value consensus of real money and silver, and the other is like a bubble.
2. When the outside world is in turmoil, the risk resistance of altcoins is almost zero. This is not a problem with the coins, but the project parties behind them do not want to take risks.
I am talking about the consensus of the project parties,
not those of small retail investors.
Because small retail investors do not have many chips in their hands.
Facing this kind of market,
the ideas of the project parties are surprisingly consistent.
It is healthier to wash,
although it looks downward in the short term,
it should be upward in the long run.
It's just that in this process,
some people may lose everything,
while others may make a lot of money.
