Dear ones, this round of the bull market is really tough, especially for us altcoin holders. Recently, with the downturn, many varieties have returned to historical lows or even set new lows. This doesn't feel like a bull market at all; we, as altcoin holders, are watching our positions lose money every day, which is really hard on the heart. But we need to understand that it's not right to say that the bull market has peaked or is over; those indicators for peak and escape haven't appeared yet.
It's just that as this bull market has progressed, it's become really difficult to make big money from altcoins; only a very few varieties can do it. Most altcoins are like rollercoaster rides, and only a small handful can increase in value. Many people blame the overall environment or the coins they bought for not making money, saying there’s no altcoin season anymore. In fact, altcoin season doesn't mean all altcoins rise together.
Now there are more and more altcoins, and their market values are getting higher, but the ones that can increase in value are certainly limited. In the future, the number of altcoins that can keep up with Bitcoin's growth is probably less than 100. So we need to understand that opportunities are always there, but they are harder to seize now; we need to rely on our abilities and a bit of luck.
We need to know how to choose projects and see which sectors are being speculated on. For example, those main altcoins chosen by Coinbase, Trump, Grayscale, and BlackRock mainly focus on public chains and other leading sectors, which we can refer to.
The market is always where hope emerges from despair. We can place orders when prices are low, and those in the market should patiently hold their positions and wait for a rebound. If we can wait for a big rebound before the end of the year, don't forget to take some profits to secure your positions for future low buys, remember that!
