There's only one thing I'm sure of in the#Bitcoinand cryptocurrency markets
That is, an Altcoin Rally like the one experienced between January 2021 and May 2021 HAS to happen in the future.
The wheel of the cryptocurrency markets is the arrival of new investors to the market. In order for this wheel to continue turning, it is essential to attract new investors to crypto.
The best tool to attract new investors to crypto is altcoins. During the peak days of the Bull Season, people don't come because Bitcoin rose 10x in 2 years from $15,500 to $150,000. I don't know what altcoin comes from making 100x in just 2 months. Since the people around him earn incredible money in a very short time, new investors come to this market, saying "everyone else earns, let me earn too."
Therefore, during the most enthusiastic days of the Bull, altcoins that make 50x - 100x are used as advertising tools, not investment tools. Altcoins are increased by 50x - 100x in order to attract new investors to the market and to create buyers for altcoins that are worthless under normal circumstances.
The easy part is to patiently wait for a loss during this decline in altcoins.
When altcoins rise 100% from this level and return to March 2024 prices, being able to wait in profit without fearing "I wonder if the same decline will repeat" and without losing faith in the Bull is the HARD part.