Currently, many people in this market have a bias against altcoins, believing that no one buys altcoins and that altcoins are scams. Of course, I agree with the viewpoint that they are scams, but I do not agree with the viewpoint that no one buys them. It is impossible for this market to exist without altcoins.

Apart from various VC coins that initially had too high a market value and the project parties only needed to sell without needing to pump the price to make a profit, another important reason for this bull market without an altcoin season is that the altcoin season in 2021 was too crazy. As a result, the vast majority of retail investors this time have been heavily invested in altcoins, so the market makers will not do charity by pumping the price to give everyone money.

After experiencing this round of bull market, the consensus among most retail investors is that no one buys altcoins. Therefore, in the next bull market, it will be much easier for market makers to pump the price, as there will still be plenty of people ready to buy when the price goes up. In the cryptocurrency industry, all the supply chains, communities, media, institutions, exchanges, and project parties are 90% centered around the theme of altcoins. Regardless of whether you respect altcoins or have a bias against them, altcoins are a tangible existence. In the next bull market, I will still buy altcoins. After so many years in this market, my core logic is simple: to dare to be the counterparty of the vast majority of retail investors is the way to win.