BTC has risen by 538%, but most people are still standing on the top of the 2021 bull market
Some brothers may think that what you said is wrong. BTC has risen by 538% from about 16,000 at the beginning of last year to about 100,000 now. The 2021 bull market BTC is only 69,000 US dollars. It should have recovered the investment and made a profit. Why didn’t it recover the investment?
Such a question shows that you are a value investor. Old leeks, who only hold BTC brothers, never expected that so many people are still losing money now.
Standing on the top of the 2021 bull market, now only climbed halfway up the mountain, there is only one reason, all the altcoins in your hands.
The more novice, the higher the number of altcoins, and the smaller the capital, the more altcoins.
If you don’t believe it, open your position and see for yourself!
Few people can escape the temptation of altcoins. It’s nothing more than the size of the position. They are all tempted by the increase in altcoins. They are heavily invested in altcoins, and BTC and ETH are almost gone.
Less than 10% of people in the cryptocurrency circle have no altcoins but only big coins, which means that 90% of the cryptocurrency speculators have a lot of altcoins.
For altcoins, even doge, with such a powerful figure as Musk as a platform, is still nearly 100% away from the previous high in 2021, not to mention other altcoins.
I often tell newcomers: If you buy coins, buy the best ones.
If he can't afford a bitcoin, I will let him buy 0.1. If bitcoin is cut in half and goes bankrupt, what can other coins do?
Investment markets like the cryptocurrency circle do not create wealth, but are all wealth transfer games.
Everyone wants to make money from other people's pockets. If everyone makes money and no one loses money, this game cannot be played.
So it is more reasonable and must be eternal for most people to lose money and a few people to make money, as it is now.
Choose BTC as your target for life, and don't sell it within a four-year cycle. Just take good care of it. The increase every year or every four years will be enough for all your daily expenses.
