The Reality of Crypto Markets and Long-Term Value
When it comes to cryptocurrency, it’s crucial to understand the bigger picture. In the short term, the price of top altcoins is highly correlated and largely determined by market sentiment. This means price movements often reflect emotions rather than the true potential of a project.
Only over the long term will the market differentiate the truly valuable projects from the rest. That’s why it’s essential to exercise caution and avoid blindly trusting influencers promoting specific projects—especially when their endorsements are driven by paid sponsorships or short-term gains in an irrational market.
One standout example is ICP (Internet Computer Protocol), a project that has deliberately chosen not to pay influencers for promotion. Instead, it relies on its groundbreaking technology to speak for itself. This confidence in their innovation sets them apart and is a testament to their long-term vision.
Remember, true value in crypto isn’t about hype—it’s about substance. Do your own research, understand the tech, and think long-term.
