Regarding this round of copycat season, I would like to share some personal thoughts with you. Many people have some inherent expectations and misunderstandings about the copycat season, but the reality may not be entirely true.
First of all, you may think that the altcoin season means that all coins will rise, whether they are new or old coins, and the increase must be the same as the previous bull market to be considered a real altcoin season. But in fact, in this bull market, many altcoin sectors have become relatively mature and large.
If you are not making any money, it could be because:
You didn’t grasp the rhythm well and missed those skyrocketing sectors. You entered the market late, resulting in a higher cost of buying chips.
For example, altcoins like WLD and ORDI, if you bought them when they were lower, you might have made a lot of money now, but if you bought them at the highs, you might think they are underperforming.
In addition, don’t always fantasize that all old coins will rise to their previous highs or even exceed their previous highs. In fact, most of the old coins may have lost their vitality in the market, but in the final stage of the bull market, they may rebound slightly, like a tribute to the bull market.
So, what kind of altcoins are likely to perform well in a bull run?
For old coins, if their chips are relatively concentrated, the project team is still actively operating, and they can keep up with the market hot spots for marketing and hype, then they are likely to perform well in the bull market. For new coins, if their chips are also relatively concentrated, there are not too many locked-in shares, and they can remain stable after a period of washing, then they are also likely to become hot spots in the bull market. Another important factor is the listing of the exchange. If a copycat coin can be listed on a large exchange, then its market sustainability will be more guaranteed.
However, we must also be realistic. The number of altcoins in this round is much greater than before, and the market value has also increased accordingly. At the same time, the overall increase in each bull market is gradually declining. Even if the interest rate is cut now, the scale of funds may not be as large as before. These funds from the interest rate cut will only flow into hot projects in the market.
Therefore, this round of altcoin season may not see a general rise in all coins like in the past. However, local hot seasons will continue to emerge, and these hot spots will continue to rotate. As long as we can keep up with the rhythm of these rotations, we can get certain benefits.
In short, it is no longer the era where you can make money just by lying down. We need to think more to make money in the bull market. I hope these sharing can be helpful to everyone.
