Recently reflected on quite a few things, turns out I benefited from the 2021 bull market. So I prefer to hold onto altcoins or stablecoins long-term. In fact, the market structure has changed long ago. Since 2022, holding onto any cryptocurrency besides BTC long-term has resulted in poor performance.

Because most of the projects you can buy in the secondary market have private placements and VC costs that are only a fraction, even a tenth or a hundredth, of what you pay. Trading events outperforms holding onto a few currencies long-term. Moreover, most of the time, basically all cryptocurrencies are in a long-term sideways decline. Only when narratives or distribution occur will there be price surges.

So in the future, whether it's spot trading without leverage or contract trading, I will not hold onto any currency long-term. Most currencies do not have long-term investment value.

There will be many profitable events and trades coming up. The market structure has shifted to trading outperforming holding. An environment where inexperienced investors are completely eliminated. #加密市场反弹