This round of altcoin market is indeed difficult, and it is difficult to avoid the violent fluctuations of the market even with small leverage. Those who hope to make big money with small money will have a harder time.
In the past, when the price of Bitcoin rose, the altcoins would rise sharply, and the rise would be even more fierce.
But it is different now. Bitcoin has not fallen much, and most altcoins have broken new lows in succession, and most of them are close to the bottom of the bear market. Bitcoin has risen to 60,000, and most altcoins have not returned to their original positions.
There are many factors in this round, and it still needs to test everyone's vision and ability to choose coins. In the past, when the bull market came, almost all coins could soar, but now, it is different.
So it is really important to choose the right coin. If you choose the wrong one, other coins will rise but your own coins will not rise, and other coins will fall but your own coins will fall more severely. Then, let alone making money, it is a long way to get your money back.
