If you dare not let go of altcoins, today is your tomorrow. The operations of converting restricted shares into securities lending and then into tradable shares in A-shares have now been moved to the cryptocurrency circle without any cover-up, and have been upgraded and optimized.
Think about how many leeks who have experienced the 6,000 points in 2007 are still fantasizing about going back one day in A-shares? Don't be in a hurry to laugh at A-shares, our cryptocurrency market is even more ruthless. If you are speculating in altcoins in the secondary market, you must stand from the perspective of the banker and think about how he can maximize his interests.
For example: Why is the FDV (fully diluted market value) of new coins high when they open? Why can the price keep falling before the project party unlocks it? If the banker can make money from contracts, why should he choose to hoard spot with higher risks? If he can issue a new coin, why should he spend money to lift the old coin that has been hoarded by leeks?
Besides, A-share stocks at least have operating entities, and can study the fundamentals. Most projects in the cryptocurrency circle have no entities, and there is almost no so-called fundamentals. But the routine of cutting leeks is the same. There is no so-called cycle for altcoins. They basically reach their peak when they debut. If you don’t sell them when liquidity is the best, you will be on an endless road to zero.
Come to the cryptocurrency circle, remember - you are here to make money, not to invest, only to speculate! If you take it seriously, you will lose!
