Making money from altcoins in this round is as difficult as hell!
From the beginning of October last year to now May, the altcoin market can be felt in seven months:
1. In November, ordi rose from 3 to 90, driving the entire inscription market, with a market value of 60 million and a market value of 1.8 billion. Sats, from 13 million to a high of 1 billion US dollars. A group of people have become rich, and the remaining various imitations have not been listed on the big exchanges. The money they can make is only a little bit. Most people have made a lot, but the final profit will not be that much.
2. In the Sol dog season in March, Pepe rose from 300 million US dollars to 3 billion US dollars in market value, and Bome broke all memecoin records in Binance in three days, rising to 1.6 billion US dollars in market value, which led to various imitations such as Shuse, Mew, Pogai Mfer, etc. Sol has sufficient liquidity and a large pool. Many people have made money, but the pace is too fast. There are not many people who have made money. Many people are rich on paper. How to make money, how to spit out all the profits.
3. The three assets of rsic rune stone pups in April, strictly speaking, started to rise after the airdrop. I bought the stone for 900u. At that time, it was valued at 100 million US dollars. Now it is about 600 million US dollars. rsic made huge profits and had many opportunities after the airdrop. At that time, the market value of the airdrop was 8 million US dollars. Now it is about 400 million US dollars. But none of these three are listed on the big exchange. rsic just listed OK today. These assets are all airdropped. A total of 10wu were airdropped, and all of them have been cashed out. It can be regarded as the return of long-term adherence to the BTC ecosystem.
The biggest opportunities are actually very few. In the past six months, there are only six of them, ordi sats bome pepe rsic stone. It is not easy to make money from the imitation market brought about by this. Most of them will lose money.
The problem is that BTC is already more than 60,000 US dollars. There are only a few opportunities for retail investors to participate in the altcoin market fairly. Most of the coins are VC coins such as meson that fall after the launch of high FDV.
Last time when Bitcoin flowed to 60,000 US dollars, the doge shib zoo series and the defi series were simply climaxing. Where is the problem? The previous tweeter has already said the answer, the coin circle that does not accept each other.
Summary:
1. Pay attention to participating in the track consensus recognized by both home and abroad.
2. Position and valuation are the moats for us to lose less money in coin speculation.The inscription that was really hurt was atom. For other inscriptions, either they missed out or all the profits were withdrawn. In general, all the profits were gone, but the principal was not hurt. On the contrary, it was sol dog, because I knew the rhythm was fast, I could enter and exit quickly, and I could cash in sol after speculation, so I saved some sol.
3. This round of altcoins is as difficult as hell to make money! Cherish every altcoin opportunity. I still believe that there will be a violent altcoin bull market. Don't be discouraged.
4. I really dislike those highly valued vc coins, because they really don't give opportunities and treat retail investors as idiots.
Ambush potential coins in advance, click on the avatar introduction to find me. Welcome to like, collect, forward, comment, and leave a message
