Altcoins can rise a hundred times, but most people do not understand the logic behind it. Retail investors believe in a hundred times increase, and everyone during the same period has made money, or there is a wealth creation effect, just like outsiders feel that people in the cryptocurrency circle are making money. As long as you are in the cryptocurrency circle, playing Bitcoin means making money, and it’s a big profit; in fact, 99% of the cryptocurrency circle is losing money, and those who touch Bitcoin are all losing money.
An altcoin rises a hundred times. Or rather, the altcoin season rises dozens of times, a hundred times; the core condition is fundamentally not about flooding the market, because as the prince has always said, the water is always being released, the faucet has been open for years, the real logic is three points!
1: The profit ratio will not exceed 10%, getting to the main rising wave is basically one in a thousand, otherwise, it cannot rise a hundred times or a thousand times.
2: Expectations must be repeatedly destroyed, it’s not just a simple washout, it’s long-term "educating the market"; everyone complains, experiencing a lot of time to wash out, liquidations, fluctuations, a long-term developed mindset, rebound means sell, rising means trap. When everyone forms the "bear instinct," only then can the main rising wave be initiated.
Because once it rises, no one believes it, and no one can hold on to it.
3: Quick battle, quick decision, making people unable to react; as long as you buy, it’s high position. This is why each round of altcoin season only lasts three months, but each coin’s main rising wave only lasts half a month, in half a month, it reaches a hundred times, and the previous 95% of the time is torturing human nature.
The last 5% of the time is to harvest hesitation!
Born in despair, rising in hesitation, perishing in madness!
Direction, bottom chips, patience,