It is a quote. As I understand it, the basic investment thesis of the altcoin market is: "one day the bull will come."
Maybe, there have been such strong bulls in the past and some altcoins have provided truly legendary returns. Why wouldn't he come again, right?
However, there is no concrete reason as to why, where or when that bull will come.
I did a lot of research, but I couldn't find an explanation other than "if it came in the past, it will come again." Moreover, even if this bull comes, there is no evidence-based thesis as to which altcoins it will benefit.
Risking 80-90% losses in large investments with such a "weak" investment thesis is, how should I put it, not very wise.
Instead, you cut your losses early and wait for the trend reversal. Maybe the first rise will be missed, but then since there are 5x, 10x, 100x, 200x rises, you have to catch it somewhere.
I think the poisonous effect of "crypto phenomena", whose expertise is self-evident, is very strong here.
However, I do not take seriously someone who makes statements such as "I am at a 90% loss but I will never sell" for two reasons.
Because he's either lying or a really terrible investor. Both mean we should listen to their advice.
This is how I see things as someone looking from the outside.
I wish the best for everyone, I hope all the losses come back.
$BTC Everyone who contributed to the production and publication....... #ETHFIUSDT we said it was solid, we are liquid #ENAUSDT #iotausdt They passed through us because of the coins that have never made ATH in their lives and are priced even below the supply price, good health.
It dropped to $BTC 58 k, it reached #ENAUSDT 0.51, it is a battlefield, the historical bottom, there is no lower Last night it hit 0.50, everyone was silent, save it with small numbers, that's what I do.
$BTC This is a zero sum game, you will sell, I will buy, this cycle goes like this, now I am asking, can I buy or sell the coin that I did not buy for $1 for $15?
$BTC I don't know in which year the number of altcoins available in the bull is 50, now it is 150, that is, the market has grown 3 times, the expected bull will do 100 x, it will do 500 x, do not believe the nonsense like Make your OWN decision.
At $BTC , the bowls, handles and formations were lies. The best way is the way you know. My reason for choosing is to make money by buying and selling small and small.
These are my personal opinions. Those who know should not comment and keep it to themselves. From here, I expect an increase between 70500 and 71000. Afterwards, there will be a decrease up to 62500 and then my wing will be on track.
#lista that's what he did #NOT🚀 that's what happened #Bitcoin fell #Binance whatever he wants happens first #Halving! the end of summer is needed for the next transaction past charts say that
I have written before and I am sharing my experiences again..
1. I would like to ask those who make coin suggestions: "If this coin will go a long way, why don't you sell your house, car, field and buy that coin?"
If you're not doing this, you're either not sure the coin will go up, or you're expressing your opinion without thinking.
2. Those who are obsessed with technical analysis.
3. Those who think that everything is based on foundations.
4. Those who cannot make money from crypto but try to make money by selling education.
In real life, men who have not been able to start a business or become successful always give advice.
In short, it is a place where crypto is bought to sell and sold to buy. You keep what you find cheap and sell it when it is worth more.
As a result, no one knows anything. Remember, in crypto you are alone; If you lose, you lose.
It is very, very difficult to have a rise when there is such a long open position at $BTC , because every long opened is at the expense of #Binance . They cannot carry out such a thing without liquidating it, it seems that they will carry out an operation again at night.