The altcoin season is coming, can you really make a profit?
As 2024 is coming to an end, most people this year will probably end up losing more than they earn, especially from March to October, it has been quite a struggle. Even now, it's not easy because of the significant market fluctuations and sharp pullbacks, particularly for those altcoins, where retail investors often suffer the most.
Some say that the altcoin season in 2025 will be exhilarating, feeling that this bull market is different from previous ones. But in my view, it's pretty much the same; the cycle might come a bit earlier or later, but the overall rhythm hasn’t changed.
If you understand some trend analysis and look at historical trends, you’ll have a rough idea. The oscillation indicators need to be viewed on a larger cycle, like weekly or monthly charts.
Now, if the altcoin season really comes, can you make a profit in the crypto space?
The answer is definitely yes. As long as you don't mess around with contracts and don't go against the trend, making some money is quite easy, and the profits are decent. When the market is good, chasing up and selling down can also make money, and in a short time, you might earn several years' worth of income. This is why the crypto space is attractive; after all, seizing opportunities can turn your fortunes around.
But there’s a harsh reality to face:
Most retail investors simply can’t hold onto the money they earn!
Why is that? On one hand, when a bull market arrives, good news is everywhere, influencers are hyping prices, and retail investors easily get carried away, with some even selling their houses or leveraging their investments. When the market crashes, it might be impossible to recover. To make money in crypto, you need to enhance your understanding.
On the other hand, after a bull market comes a bear market, which usually lasts over a year. During this time, many people become impatient, and as a result, the money earned in the bull market gets wiped out in the bear market, with some even losing their principal. The bear market’s washout is ruthless; many newcomers and influencers suffer significant losses, and some even quit outright.
Next, I will focus on tenfold coins, and I will announce them on my #公众号 #链上红玫瑰 .
For the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those with high potential projects, with an expected growth space of over ten times being very likely. If you want to make big money in the bull market, like + comment, and I’ll take you through the entire bull market!
