This round of the currency circle is different from the past. If we want to make money, we must understand the logic of the current market. But to be honest, no one can fully understand it. I can only share it with you superficially.

1. Bitcoin has been completely taken over by Wall Street institutions. It will not allow large fluctuations. Otherwise, the institutions will not be able to bear it. So they may reach a consensus on a certain detail point and work together to develop Bitcoin. So in my judgment, this round of bull market is an institutional bull market, with the characteristics of slow speed, low multiples, and torture.

2. At present, the number of new coins added by altcoins is several billion US dollars every month. The current market liquidity cannot bear it at all. Therefore, there must be a reason for the decline of altcoins in the past six months. New coins are cashed out at high levels, and leeks are harvested a little by this and a little by that, and the stock market is getting smaller and smaller.

3. Before buying coins, I suggest you look at the market value. It is said that the market value is useless, but for any coin worth billions of US dollars, an empty office, the circulation volume and market value are still recommended to be paid attention to. Small funds should pay special attention to small market value, full circulation, endorsed by strong dealers, occupying new topics, and coins with active communities will be safer and have more potential.

4. The most important point must be remembered not to play with contracts, not to play with leverage, and to realize goods steadily. If you don’t have technology and good strategies, following the right people, choosing the right coins, making reasonable layouts, and advancing and retreating in moderation are the strong guarantees for making money next time.