The recent rise of Bitcoin has been unexpectedly strong, bringing up all the altcoins in hand, which is certainly a very happy thing.
However, after calling for a bottom for more than two months, it’s time to say: beware of risks.
The upcoming market trend will mainly be upward at least until August or September next year, but significant corrections will follow each rise.
The correction range for this round of Bitcoin halving bull market may be around 15-20%, while the correction range for altcoins may be around 30-50%; pay attention to the size of altcoins, including the top 10, 20, 50, 100, or even the top 200 by market capitalization, the expected multiple of investment and the expected correction for each ranking segment are completely different. There will be an opportunity to write a long article specifically about this later;
If you can't judge when to reach the top and how much to correct before buying in, then just be a bit more laid-back. In fact, in the end, laid-back people can often make more money.
Additionally, most altcoins will only surge once in a bull market, so don’t develop blind faith; sell after a surge and look at other currencies. Don’t brainwash yourself; understand one thing: all the manipulation by the 'dog' is for the final goal of offloading and cutting retail investors.