No matter what evil things you did in your previous life, as long as you still own the counterfeit goods, you have paid off your debts in this life-----a joke in several groups.
"This round is too difficult" has become the helpless and sad complaint of most people, especially those small retail investors who hold copycat stocks in the hope of getting a high return.
In the not-too-distant past, such as 2020 and 2021, the cryptocurrency world was full of gold. As long as you didn’t hold extremely rare junk coins like eos, most of them would give you generous returns. Although 5 times, ten times, dozens of times, or even hundreds of times were not everywhere, buying them could give you a good increase, which is a vivid sweet memory.
But in this round, although there are myths of dozens or hundreds of times, unless you are the chosen one, the probability of being lucky enough to buy these rich return coins is ridiculously low. I believe that for most people's overall holding returns, holding altcoins can't beat $BTC , $ETH , $BNB . The original intention of buying altcoins was to make a small bet for a big gain, to make an excess return, but in the end I found that I had paid a wrong price and became a sucker waiting to be slaughtered.
The typical feature of this round of copycats is "selling goods when the market is favorable". When the sector comes to a certain level, there will be a small climax, and people chasing high prices will enter. Then there will be a continuous decline, a market crash, and endless coins and goods will be unlocked. In the end, it is discovered that whether it is a hot spot or a favorable news, it is all the exit liquidity of others who crashed the market at a high point.
What happened? Is there still a future for Shanzhai?
No one may be able to answer this question, but the current market trend has clearly shown that the prospects for copycats are not optimistic. External funds have not yet flowed in on a large scale, but coins have been issued one after another in the market. Funds have flowed to Bitcoin and other leading and more certain varieties. As long as you chase high prices and fomo, you are likely to be trapped. Perhaps we really need to change our thinking about currency speculation: before there is a large-scale application and before there is a significant inflow of funds, we should focus on the leading coins in the leading track, rather than just picking unpopular and niche coins like buying lottery tickets, hoping to get a big bite at a time. This strategy is not a good strategy at present in the current macro background and when there is no obvious innovation in blockchain.
For small retail investors with limited funds who want to change their destiny through the cryptocurrency circle and replicate the myths that appeared in previous rounds, their chances may be much lower in this round.
But I still hope to give it some chance. If the copycat is just garbage, then the enthusiasm, vitality and charm of the currency circle will be reduced by more than half!
