In the previous bull market, as long as you know when to buy and can hold on, you can gain something. However, in this round of bull market, the fluctuations are frequent, the switching speed of funds, and the rotation of sectors have obviously accelerated. For altcoins, you must not only know how to buy at the bottom, but also be able to sell, and put the profits in your pocket. Even if you sell at a loss, you will always make a profit. Don't insist too much, so that a waterfall will give back all the profits.
At present, this wave of surge is mainly due to the rise of big cakes. Most altcoins are basically still lying in place. It is no longer the general rise of the past bull market. High-quality standard currencies may be able to achieve several times or dozens of times of growth space, while poor currencies are very likely to not outperform big cakes. Therefore, it is very important to choose the right currency. If you choose the wrong one, it is not too late to admit your mistakes and change positions in time. Sometimes you may miss the whole bull market if you insist on your beliefs!
If you don’t know how to choose a coin, you can refer to my previous article "About Bottom Picking" series!
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