Let me briefly talk about the altcoin aspect:
Many people cannot make money because the environment is not good, and the coins they bought do not rise, saying that there is no altcoin season.
The so-called altcoin season does not mean that all altcoins will rise!
As the number of altcoins increases exponentially, the market value also opens high, which means that only a few altcoins can rise.
In the future, there may be only dozens of altcoins that can keep up with the big cake. Whether you can seize it requires luck in addition to ability.
Opportunities are always there, but the difficulty increases exponentially.
Some people don’t understand why the market is washed out during the shock decline, and the more it falls, the more it buys. How to wash out retail investors?
In fact, it is a very simple truth. For the main force, the cost is low, the cost of funds is low, and it can be smashed all the time!
What is the so-called buying more and more when the market falls? Can you eat it if the main force sells all the chips to you?
The more retail investors buy, the less likely the main force is to pull the market, and it will be over if it keeps smashing. Don’t confuse the cause and effect. It is the main force that tests the market after the chips are concentrated. It will pull when the selling is small. If the selling is large, then continue to smash.
The K-line you see is drawn by the main force. It never goes up after a fall, and it does not mean that you will definitely win if you buy more as the price falls.