Finally, reality is catching up with us!
Nothing's weird in the market right now. Since the start of this bull market up to now, the signs were there, but humans tend to want everything they touch to be perfect and to validate their beliefs.
🤔Where do I want to draw attention?
I want to talk about altcoins, (generally low cap and mid cap)... No one can say that the bull run didn't happen, no one can say that alt season wasn't real... The major altcoins definitely executed their bull market perfectly, and if your holding assets didn't see their bull run, you're likely in the other group, the masses (low cap and mid cap) where investors are waiting for astronomical gains (+10,000%, +20,000% etc).
The reality is that those times are over; it's all in the past. Wake up from this illusion. It's impossible, downright impossible to make those gains in crypto right now unless you start the project yourself and manage your manipulations comfortably...
Calm down, people who say it's possible; it's impossible, I repeat for the third time. Just take this factor:
In 2021, we barely had 10,000 truly active cryptocurrencies in total according to Coinmarketcap, barely 10,000 in this entire ecosystem where millions of cryptos were created at the time, but the irony is that they didn’t last long. Failed ICOs, SCAMs, abandoned projects, and all other kinds of nonsense.
Today we have around 20,000 truly active cryptocurrencies; you might say that’s an increase... But if you dig a little deeper, you’ll see there’s a ton of millions of cryptos that are dead. Since 2021 until today, so many projects have been launched, projects without utility, SCAMs, in fact, infected contracts disguised as Tokens that infect users' wallets and siphon their wallets in the future. Yes, it's a mess right now.
It's true that the number of crypto users hasn't been the same since 2021; it's a figure growing at a crazy rate, but the number of tokens or projects launched is really excessive. Anyone can just get up and launch their shit via pump.fun on Solana, for example, they do the marketing and get a little $20,000 and SCAM the users, and this repeats every day in this ecosystem right now. This causes liquidity to go haywire; instead of staying stable, it goes all over the place.
How to make huge income with crypto today, where every launched project claims to be the next gem and ends up SCAMming users?
So, why haven't the low cap and middle cap projects had a generous bull run? Liquidity has gone toward the more serious projects, and they have all the attention.
All this to say that the fewer cryptos in circulation, the more gains there will be. But the more crypto in circulation, the fewer gains there will be.
💡My advice today is as follows:
Protect your energy, protect your investments by targeting the most serious projects. Forget the exotic narratives, focus on the essentials. And do some deep DYOR, then wait for the best moment to invest, and if you do, aim for rational levels; the X10s, you might get them, maybe even x100... But in the long term. The x10,000s in the short term will drain your portfolio unnecessarily; you will never get them. Even if you try to sell before the founder of the shit SCAMs the project, remember that they can also disable the sell function.
The trap is everywhere.