First, they will experience a significant rise, which can increase by 3 to 5 times. However, it will be followed by a significant correction, which may fall by 50% to 80%, and the price will almost return to the starting point. But this is only the first stage of the bull market, called the adjustment period.
Subsequently, the adjusted altcoins will regain momentum and begin their main uptrend. During this stage, the increase can be as high as 5 to 20 times until it reaches the top of the bull market. At this point, the sentiment of the entire market reaches a climax and investors are enthusiastic.
However, the end of a bull market is often accompanied by a sharp drop in prices. Altcoins may fall by as much as 95%, and the market enters a long bear market.
In this process, many investors often underestimate the accuracy of their coin selection, but overestimate their patience in holding coins. If you want to capture the opportunity of a 100x coin, you must be mentally prepared to withstand the sharp price retracement, profit taking, and market shocks and torture. These are the tests that must be experienced when investing in altcoins.
