Let's talk about why the increase of altcoins in the middle and late stages of the bull market may be far beyond your imagination!
1: First of all, from the numerical point of view, the price of the big cake has climbed to a high level, and there is room for doubling! But it requires a huge amount of funds to promote it. In contrast, the altcoin has a relatively small market size, and the same amount of funds can bring a greater increase.
2: The project party knows this very well, so in the second half of the bull market, they are more inclined to pull up the altcoin in exchange for the big cake and US dollars in the hands of investors.
3: The madness of the bull market often comes from the surge in altcoins, not big cakes. This crazy increase can easily make investors anxious, and thus continue to increase their positions. But more importantly, pulling up the altcoin can make it difficult for retail investors to leave the market in the pursuit of rising and falling, so that the project party can harvest leeks faster and achieve higher profits.
4: At present, long-term altcoins with a high profit and loss ratio are recommended to buy on dips. Make friends with time. You will never be disappointed! Fully unlocked, small market value, and strong background currencies are recommended first!
