#hotTrends #Altseason2024 #EtherFi
Risks from listed projects during bull run season!
During the period when the market starts to bullrun or is bulling, you will see many good and potential projects being launched. It will be very popular with fellow boatmen. Because the previous coins have usually been x3 - x5 times so they no longer have a good position. So you will stick to the new coin because it is the starting price. But these coins, in addition to their attractive story, are also quite overvalued and if released at another time, it would be much lower. However, it will still increase, but you must pay attention to the fact that it will often suffer from two situations that cause us to swing at the top and divide.
- First: if unfortunately the price has not run long enough for the fund and dev team to release, the market will correct: it will divide very deeply up to 30-40 times because at this time the team and fund will massively release to recover capital. , restructure and maintain operations during the bear season
- Second: you often miss the peak and don't close it because you think it will be x10 because you see the other numbers are all x10 but you forget that it was highly priced from the beginning, so it's only x3,x4, maybe it's the end of the wave (please check again). binace projects will see a lot). After that, the brothers hugged each other until they were exhausted, even more and more divided. For example, Dong cake, very beautiful but divided 40 times.
â Conclusion: The newer the coin, the more you have to pay attention. If the market turns around, you should run ahead of the old coin, don't think it's potential or not much, just add more.
Personal opinion . Wish you big win
