Now I have ten thousand idle funds, which coins are good to buy?

Bitcoin has been in a major fluctuation for half a year, and every time it drops, it encounters strong support, but it has not been able to break through upwards. However, Bitcoin at least fluctuates within a range, while many altcoins seem like a dead dog.

This year, newly issued coins with a fundamental base like ena, ethfi are constantly breaking through their lows, while a bunch of older coins that have experienced several bull markets have also fallen back to the starting points of this bull market. Even the so-called mother of altcoins, auntie, has dropped back to the price at the beginning of the year, leaving people to wonder, do altcoins still have a chance?

Let’s conclude first: altcoins still have a chance, not from a technical analysis perspective. Current altcoins cannot be viewed from a technical analysis perspective to determine if they will rise; we can only look at it from a trend perspective and a human nature perspective.

As the saying goes, to make something perish, first let it go crazy. However, altcoins have not gone crazy since the last bear market, whether they are new coins or old coins. The manipulators want to make money, even the meme coins that have been discussed the most recently, those coins may have only risen for a few minutes or even just a few moments before going to zero, but at least they went up for a while, after all, you need to find someone willing to buy at a high. But have many altcoins broken through any high points? Of course, this is referring to the overall trend of altcoins currently, but when we break it down to each coin, not all of them have a chance to rise again, especially some coins that are obviously created just to ride the hype. Once the hype is over, the project teams have made enough money to run away, and they have also been removed from centralized exchanges, leading to a significant decrease in liquidity. The chances of these coins rising again are very slim. However, it is precisely because of these reasons that when these coins have fallen to the point where they can't fall any further, some will experience a 'dead cat bounce.' However, this is ultimately a minority. You can participate as one of the many emerging low-quality tokens on the chain, but the probability of success in that compared to your current investment in low-quality tokens is just slightly higher. Today, time is limited, and later I will continue to discuss the logic of selecting altcoins and some of the altcoins I currently hold.