Can ordinary people get rich quickly by buying altcoins?
In the cryptocurrency market, about 99% of altcoins will eventually fall to zero value, while the probability of this happening to mainstream coins is relatively small. On the contrary, before the bull market arrives, if the price of mainstream currencies falls, it often means it is a good time to buy at a low price.
Whenever the price of a mainstream currency falls, there are always people who say things like “Brother, it’s fallen again, I regret not selling it at the beginning.” As new investors, these people lack basic knowledge of the market, which is why they say such ill-considered words. After a few days, if the price rises again, they will sigh again, "I bought too little at the beginning, I should have sold the stocks and bought coins." In this process of ups and downs, they not only lost RMB, but also reduced the amount of coins they held. This type of investor is a typical "leek" performance.
Hot topics about altcoins DOGE (Dogecoin): The price has already fallen back. It is recommended to continue to wait and see and not to make any operations for the time being.
BOME: From the weekly trend, it is possible to close with a long upper shadow needle pattern. If so, there may be opportunities for operation next week, so you can pay attention to it.
APE: Its price is about to break away from the current oscillation range. When the price is close to 1.05, you can choose the right time to enter the market.
FIL: After stepping back on the 20-day moving average, it has indeed received support and started to turn upward. When the price is around 3.9, you can wait for an opportunity to enter the market and participate in the transaction.
PEPE: It has reached a new high and entered the oscillation stage. In the short term, it is recommended to wait and see and do not rush to operate. #市场回调,观望还是上车? #美国零售销售数据即将公布 #XRP短线上扬
In the case of Bitcoin's retracement, the performance of the meme sector is still very impressive, while the altcoins have suffered a greater impact, and the prices of many altcoins have returned to the vicinity of the starting point.
Bitcoin is currently in a 4-hour retracement phase, and its lower support level is around 86,000.
As far as the overall market trend is concerned, investors do not need to fall into panic.
You should know that this short-term correction is often a prelude to a better rise in the future. If the market does not make a correction, from the perspective of market operation rules, it is not conducive to the further rise of subsequent prices. Appropriate corrections can adjust the overheated market and accumulate strength and lay a solid foundation for subsequent rises.
There is a hunch that the Bitcoin ecosystem is about to rise.
The Bitcoin ecosystem is the industry leader and is currently one of the three largest ecosystems after Solana (SOL) and Ethereum (ETH). As far as the SOL and ETH ecosystems are concerned, their gains have been considerable in this round of market conditions.
Given the profit-seeking nature of market funds, funds tend to flow to areas that have not yet seen a significant increase, seeking new investment opportunities. Although some people may not have heard of Solana, almost everyone knows Bitcoin, and its popularity and influence are extremely widespread in the entire cryptocurrency field.
Therefore, for the Bitcoin ecosystem-related tokens held in hand, such as leading tokens such as ordi and sats, it is recommended to continue holding them to seize the development opportunities that may arise in the future. #美国零售销售数据即将公布 #新币挖矿&盘前交易USUAL #XRP短线上扬
The powerful combination of Trump and Musk not only pushed Bitcoin to a record high, but also led to the hot market of the entire Meme sector. Under this series of operations, many millionaires and multi-millionaires have been born. As for whether you are among them, it is unknown.
The fundamental factors that determine the value of Meme are fundamentally similar to other crypto tokens. In addition to the practical utility of using stablecoins for payment and transfer, the real potential of encryption is reflected in the concept of tokenization itself. In essence, encryption has unique advantages in converting community participation and cultural values into tangible economic value, creating new markets, and building incentive-driven networks and communities.
The encryption circle is indeed a magical place. Miracles can be created every once in a while. Just as the "TikTok" platform can help individuals accumulate wealth, the encryption circle often creates a group of wealthy people in batches. Being in this circle requires keen insight, decisiveness and strong execution. Once you accurately grasp a certain outlet, you can take off.
Observed from a short-term perspective, Bitcoin has recently shown a K-line pattern of high fluctuations. A long upper shadow line has appeared before. From a technical analysis perspective, the emergence of a long upper shadow line means that during the price surge, the top has encountered relatively strong selling pressure, indicating that there are more investors in the market choosing to trade. The selling of Bitcoin at relatively high levels has caused bulls to be blocked in pushing the price upward, making it difficult to achieve further breakthroughs. On November 14th and 15th, the Bitcoin K-line showed a negative line shape. This phenomenon reflected that the overall market sentiment in the short term was biased towards the short side. The selling force occupies a relatively dominant position in the current market environment. Investors took profits based on Considering this, its willingness to sell has increased significantly, which has led to a certain degree of decline in the price of Bitcoin and the market has entered a short-term adjustment stage.
Is there a risk in the price increase of Shiba Inu Coin (SHIB)? This requires exploring several key points
First, 4 trillion SHIB tokens were quietly transferred between two mysterious wallets, with a value of nearly $100 million. This incident caused a great sensation in the cryptocurrency circle, and everyone is speculating on the reasons behind it.
Such large-scale operations by large investors often cause market fluctuations because they may be preparing to sell or change positions. Small investors are very worried that once large investors withdraw, the price of Shiba Inu Coin will fall. After this transaction, the price of Shiba Inu Coin did fall by nearly 5%.
Let's talk about the situation on the Fed side. Fed Chairman Powell said that the US economy is in good condition and there is no need to rush to cut interest rates. This has reduced the market's expectations for a rate cut in December, and the cryptocurrency market has also been hit. The prices of Bitcoin, Ethereum and Shiba Inu Coin (SHIB) have all fallen.
The Fed's cautious attitude has caused some investors to avoid high-risk assets, and the rise of Shiba Inu Coin (SHIB) may be hindered.
From a technical perspective, the price of Shiba Inu Coin (SHIB) is stuck at $0.00002600, which is in a dilemma. Below, $0.00002480 is a support level, and its price has been hovering around this support level in recent days.
Although some indicators show that Shiba Inu Coin (SHIB) has an upward trend, it has shown signs of "overbought" and is likely to face a correction. Moreover, its trading volume and the number of open contracts are decreasing, which may mean that the market's interest in Shiba Inu Coin (SHIB) is gradually decreasing.
However, Lucie, the marketing director of Shiba Inu Coin (SHIB), is more optimistic. She thinks there is still room for growth, and the price may reach $0.00006 or $0.0001.
If you want to play with altcoins in the early stage when Bitcoin (BITCOIN) hits a new high, you need to meet the following key points:
You need to choose a sector with the function of attracting new investors, so that when the price rises, new funds and new investors will come in to take over.
In the early stage, the risk appetite of large funds is usually not high, but they want to gain returns by adding a little leverage to the spot, so they need to choose those leading targets, which have stronger certainty.
You have to choose targets that have been listed on major exchanges. After all, it is impossible to take over the market value of the leading stocks after the increase in market value by relying solely on on-chain funds.
In the current cycle, the meme sector is the core way to attract new investors. It is in the era of value de-anchoring, so lock in the meme leaders on various chains that have been listed on major exchanges, so that you can take into account both certainty and risk-return.
For example, the leader of Sol ecology is wif, the leader of E ecology is pepe, the leader of bsc chain is Simon's Cat, and the leader of base chain is Degen. These are the targets that have stood out first, and the choice of funds is very telling.
There are also some that are not so prominent for the time being, such as the leader of the Bitcoin ecosystem is Ordi, the leader of the Ton ecosystem is Not, and some other leaders on the chain with more abundant funds are also worth paying attention to.
Is the altcoin bull run coming soon? What do meme coins say?
The recent market situation has once again confirmed a truth: value investing seems to have been temporarily forgotten by everyone, and it seems that all-in meme coins can lead to the peak of wealth. The bull market of Bitcoin has extended to the meme sector, making it very lively. However, does this mean that the bull market for altcoins (vc coins) is about to come?
The troubles of altcoin holders Many of my friends who hold altcoins like me are probably under a lot of pressure recently. On the one hand, the money in my account is getting smaller and smaller, and I am always worried that Bitcoin will suddenly drop sharply, which would cause me to suffer heavy losses.
In the current market, meme coins have reached the extreme "FOMO" stage.
At this stage, if you are only a player participating in secondary market transactions, you can start looking for the next hot spot.
Let me give you a suggestion that may be criticized by others, that is, you can slowly get some high-quality VC coins.
Why do you say that? Those old leeks who were trapped at the beginning of this year, because they had experienced the situation of holding on to the bull market and tasting the sweetness before, it is impossible to cut their losses now. They just hold on to them. No matter how much they fall, they can't be washed out. Those who want to leave have already left.
But now, it is in the super cycle of meme coins. Everyone is extremely "FOMO". These old leeks can't help but cut their losses to exchange for meme coins, which is equivalent to adding liquidity to meme coins.
In fact, we are not afraid of the overall decline of the market, but we are afraid of the rise of Bitcoin and the crazy wealth creation of very few sectors. Only when this happens will those who have been lying still be shaken, and in that case, the chips can be recovered at a low price.
As the saying goes, you can never wake up a person who pretends to sleep, unless you lure him out of bed with benefits😀.
So, those friends who make money from memecoin and only participate in secondary market transactions, when you roll over next time, you can consider using a combination of meme coins and VC coins, and don't put all your funds on one coin. In this way, you can seize the opportunity to make a profit, and you can also defend and control risks when you retreat.
If the market has a correction, which sectors have greater potential?
Meme coin sector, public chain, and Solana ecosystem currencies are all worth paying attention to. In the Meme coin sector, PEPE and MEME currencies in the Ethereum ecosystem are the leaders. Their growth is sometimes amazing, especially when market sentiment is particularly high, and their performance is often unexpected.
In addition, smaller Meme coins such as Neiro, Goat, and Hippo are also worth paying attention to.
You know, the Meme topic has always been hot in the bull market. Although the market heat will change over time, the charm and topicality of Meme are always there.
Solana (SOL) Breakout Poised to Surge 900%: Will the Price Reach $1,900?
Solana’s price has been soaring recently, and the growth is really eye-catching, which has immediately attracted the attention of everyone in the cryptocurrency field.
According to Brave New Coin’s Solana Price Index, SOL is currently trading at $217, with a 5% increase in the past 24 hours. With this recent surge, Solana has become the third best performing coin among the top ten cryptocurrencies by market cap.
The rally began on November 5, ending a 234-day consolidation. Moreover, Trump’s recent victory in the election boosted market sentiment, pushing Solana’s price up another 14% to $224. This increase allowed Solana to successfully break through the $190-200 resistance level that had remained stable for nearly seven months.
Bitcoin pullback risk: Glassnode analysis shows that Bitcoin may soon experience a sharp pullback. If you have a profitable position, you can consider reducing it by one-third and wait until the price reaches a low level before taking it back to control risks.
Bitcoin ETF capital inflow: The US spot Bitcoin ETF has had a net inflow for 6 consecutive days, with an inflow of US$514.43 million, and funds have been flowing in.
Fear and Greed Index: The cryptocurrency fear and greed index has risen to 88, which means that the market is now in an extremely greedy state, with both risks and opportunities. It is recommended to reduce positions appropriately and control risks.
Tether issuance: Tether has issued US$5 billion in USDT in the past 5 days. Now the liquidity in the market is quite sufficient, and the dealer may pull the market at any time.
Altcoin rotation: When Bitcoin has a pullback or shock, the altcoin sector will rotate and soar. It is necessary to seize the start-up opportunity that appears every 15 minutes.
Potential of AI sector: Nvidia will release its financial report next week. By then, the AI sector is likely to start up. You can ambush FET, WLD, ARKM, RNDR and other coins in advance. BTC search popularity: In Google search popularity, Bitcoin ranks first. There are a lot of new funds entering the market. The bull market is still continuing. Don't short it. Keep a cautious and optimistic attitude.
Ethereum's trend is too weak! Many people are trading it this time, and they have high expectations for it, but the result is particularly disappointing, and the performance is really not good. Every time the Bitcoin (Big Pie) market is good, ETH seems to be abandoned.
At the 1-hour level, 3228 is the key resistance level above. If it cannot break through, it will have to continue to retreat and consolidate.
If the 3228 position can be stabilized during the day, then the resistance levels of 3257, 3310 and 3393 must be paid attention to above, and if the market breaks through, the probability of reaching 3310 is quite high. But if 3228 cannot be stabilized during the day and the market continues to retreat, you can consider shorting when the price is high, and the two support levels of 3156 and 3119 below should be paid attention to.
With an increase of more than 78% in 24 hours, the market value is approaching the important node of 9.4 billion US dollars! The digital currency market has seen another wave of amazing surges.
On November 14, the latest market data showed that PEPE rose by more than 78% in 24 hours. Now, the price of PEPE has risen to 0.00002432 US dollars, and the market value has reached an astonishing 9.391 billion US dollars!
Everyone, are you also shocked by the surge in PEPE?
PEPE is a value coin. If you want to gain benefits from it, you have to buy it and hold it firmly. I wonder if you have held it firmly?
I now have a feeling of "waiting for the clouds to clear and the moon to appear".
Yesterday was incredible. PEPE first appeared on the Coinbeas platform and immediately ushered in a wave of surges. Then it appeared on Korea's UP, and the popularity was further raised.
DOGE became popular before due to Musk's influence
Now, the Frog series is also starting to show its strength.
Everyone should pay attention to BOME in the same sector. It feels that it will make a big move next.
Is the bull market in the cryptocurrency market over? Not yet!
In the cryptocurrency market, the current bull market has not ended because the altcoin market has not officially started. From past experience, each round of the market ends with a surge in altcoins, which is the criterion for judging the end of the bull market.
In the bull or bear market, there are very few people who can really make money from the market, and there are very few successful cases.
This is because the bull market is a feast for those who are well prepared. Investors cannot wait until the bull market has come or is about to end before rushing to act.
This behavior is like shouting "bull market starts" when the market is rising, and then blindly following the so-called trend; or when a hot spot suddenly emerges and the price soars, impulsively enter the market without setting a stop loss. These behaviors are typical "leek" investment behaviors.
In the process of market operation, many people often find it difficult to control their emotions. When the market has a correction or decline, they often choose to sell their assets at the lowest price, which is a very common phenomenon in the market.
In fact, many investors were not fully prepared before the bull market came, and only noticed it when the bull market gradually emerged.
However, at this time, are there still opportunities in the market? The answer is full of uncertainty. The current market is volatile and ups and downs. If you act blindly alone, you will never find real opportunities in this market.
The market widely expects that the CPI annual rate in October will rise by 2.6% year-on-year, an increase of 0.2 percentage points from 2.4% in the previous month; the month-on-month rate is 0.2%, the same as the previous value. The year-on-year and month-on-month growth rates of core CPI remain stable at 3.3% and 0.3% respectively.
The impact of CPI data on the cryptocurrency market, especially on Bitcoin (BTC), cannot be underestimated. If the CPI data to be released is higher than expected, it is very likely to cause a short-term correction in the price of Bitcoin.
In this case, investors will re-examine the value of Bitcoin as a safe-haven asset, which is particularly prominent when the Federal Reserve may adjust the pace of interest rate cuts. Therefore, the release of CPI data will have a crucial impact on the short-term trend of the Bitcoin market.
On the contrary, if the CPI data is lower than expected, the expectation of interest rate cuts will be further enhanced, thereby enhancing the attractiveness of Bitcoin and driving its price up.
1. I feel that this will be a relatively mild horizontal adjustment. Bitcoin has fallen 10% from the top (to 81,000). I am optimistic that it will stabilize after a drop of about 6% (to around 84,500).
2. During this adjustment, or after the adjustment, there is a high probability of sector rotation.
3. The trading logic of the MEME coin listed on the exchange will be reshaped, which is different from the situation on the chain, and its sustainability will become stronger.
4. Pay more attention to the performance of ESB and those low-market-cap altcoins.