Most altcoins cannot escape the fate of going to zero; it's just a matter of time. Even two years ago, when I invested in mainstream altcoins, I couldn't avoid this round of asset shrinkage of 70%. Therefore, in the cryptocurrency market, do not believe any altcoin that paints a rosy picture for you, including the new altcoins that keep emerging. Value investing only exists in Bitcoin. The top few mainstream coins can be bought on dips, but the main position should still be in Bitcoin. The so-called comprehensive altcoin season no longer exists, because Wall Street will not recognize those worthless air altcoins. Even the inflow of funds into the currently listed altcoin ETFs is very limited. Even strong altcoin ETFs like Sol also look to Bitcoin for guidance.

We only need to remember one thing: any altcoin is used by market makers to hype and sell off. If your research capabilities cannot keep up with the speed of hot money chasing trends, then do not participate in any altcoin trading. If you can't resist, participate only with a small position. Engaging in aggressive, risky bets on non-mainstream altcoins is akin to drinking poison to quench thirst.

There are many lessons to summarize from the failures of this round of altcoin investments, but no amount of review can recover the lost time and financial losses. I believe I have already identified the main reason.

I think it's very difficult for ordinary people to rely on the cryptocurrency market for a turnaround in this round; the next round may be even harder. However, if you choose one or two targets for value investment in the next bull market, while I can't guarantee a complete turnaround, it will yield much higher returns than bank wealth management.

Having said so much, I hope that friends who have failed in this round of investments can rise again in the next round. There are a lot of words here; this is purely a record of personal insights. Everyone is welcome to criticize and correct me $BTC .