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Don't get caught up in whether your altcoin holdings can rise 10 times, because most altcoins can't rise 10 times.
Many people are now seeing altcoins rise and casually talk about making 10x or 20x profits, saying things like how the last bull market was, and how they missed out or didn't hold because of some reasons. They say if they had held, it would have been different. They ask me to recommend some 10x coins they would definitely hold. I really laugh at this. They keep bringing up experiences from the last cycle in this one, and it won't kill you to lose. I know some will bring up the recently tenfold rise of Hippo moodeng to argue, saying look, Hippo has risen 10 times. What I want to say is that in any industry, there's a period of dividends followed by a saturation period, and these are unavoidable.
On the other hand, every round of bulls and bears of BTC can also be clearly seen. BTC 17-year bull market, with a high of 19k, after the bear reached 3k, the 20-year bull market opened, and the 21st reached a climax of 69k, more than 20 times from the bottom of the bear market, and about 3.6 times from the last round high of 19k. Looking at this round again, if 15k is the low point of the bear market, the high point of the bull market is generally seen at 150k-200k, which is more than 10 times from the bottom of the bear, and more than 3 times from the high point of 69k in the last round. And what about the next round? The specific point increase is unknown, but it is a high probability event that the increase is lower than this round
The same principle applies to altcoins. In the 2017 bull market, hundredfold coins were everywhere, and tenfold coins were as common as grass. In the 2021 bull market, hundredfold coins were relatively rare, while tenfold coins were more common. Therefore, in this round of the bull market, it is reasonable for excellent altcoins to rise tenfold, and for trash altcoins to rise by 2 to 3 times. Don't think that just because you can buy Hippo moodeng, most people wouldn't dare to heavily invest even if they did buy it.
In "Das Kapital", there is a term called low-hanging fruit.
It is the literal meaning.
Any market/industry is like an apple tree.
The tree is laden with apples, hanging down.
At the beginning, everyone could reach the low-hanging fruit and easily pick one.
Slowly, the fruits below were picked clean by people.
Slowly, the fruits in the middle have also been picked clean, leaving only the ones at the top of the tree.
You need to be able to climb up to reach it, but even fewer people can climb trees.
The low-hanging fruit, called the dividend period, gives everyone a chance to grab an apple; only the low-hanging fruit belongs to the opportunities of ordinary people.
At the same time, the bloggers who look at the square every day post orders are tens of thousands or even hundreds of thousands of dollars in income, so some people will think about whether they can make so much money and take it out for steamed buns, so I recommended BiyaPay to my friend is the world's first multi-asset trading wallet, and its digital currency to fiat currency trading provides investors with a new, more intuitive interface and trading experience, and users can easily exchange BTC, ETH, DOGE and other digital currencies in real time with mainstream fiat currencies. For users in the cryptocurrency circle, BiyaPay provides a safe and convenient B2C withdrawal solution, effectively solving the problem of card freezing and funds in OTC or C2C transactions. Users can deposit USDT to the remittance platform, easily convert to USD and withdraw.
The fruits at the top of the tree do not belong to ordinary people, but to geniuses.
Recognize reality, don't fantasize. #BTC