Learn to ignore short-term ups and downs and pursue long-term cycles
In fact, short-term ups and downs are not so important. We just need to know that for the long term, any form of callback is for a better rise. Don't have any doubts about the bull market, the bull market is about to start.
Next, you will have few opportunities to sharpen your knife. BTC institutions have already entered the market with certainty. Next, various funds will come in. Whether you believe it or not, this is the fact. The altcoins will rise in turn, but only about 30% of the altcoins will perform well in this bull market, and many altcoins will return to zero or have no performance.
There are thousands more coins in this round of market than in the previous round. The amount of funds is not enough to pull the market fully, or collectively pull the market. This round of altcoins will be very difficult, so the best way is to buy BTC, and then when BTC is sideways at a high level or the total market value accounts for more than 60%, use the money earned to buy altcoins at zero cost. This is the smartest way and the operating logic of institutions.
In each round of bull market, the increase of BTC is decreasing because the market value is increasing. Now that institutions have entered the market and Wall Street capital has entered the market, the difficulty of making money in the market has definitely increased.
In 2016, the market value of BTC reached a maximum of 88%. In January 2021, the peak market value of BTC in the bull market reached 73. It is estimated that it will be difficult to reach more than 70 in this round. There are more and more altcoins, and serious capital diversion will affect the bull market share of big cakes.
There is only one coin worth investing in the cryptocurrency world: Bitcoin
