I'm feeling the pressure not to miss out on this bull run. I'm confident in my portfolio of solid coins, but I don't think they're quite cutting it. I want my investments to bring in serious wealth. I've heard about meme coins making people rich overnight, but I'm a bit wary of jumping into that arena. By the way, do you think older coins will see the biggest price surges compared to newer ones? What are your thoughts on this?
There are times when Bitcoin would somewhat stop moving with huge volatility but some altcoins will be performing well, which is why I am cautious of the altcoin season of this time, it may not be like before when people will now turn to it as a true tradition. Well, if altcoin season will truly come into play like before where people will earn significantly, let this season's halving first be encouraging, if not, a lot of tradition/myths about the cryptocurrency market will stop completely and people will start facing the reality of it.
Many investors have achieved their expected success from the season of altcoins and many have lost capital. It is true that the prices of various altcoins are under upward pressure over time and you have to make the selection process at the right time. But many altcoins can give you more exchange in the next year or so than the previous year's profit, so you can put yourself in a long-term plan to get it. A long-term investment plan can make you less likely to cheat. The cryptocurrency market contain myths and recommend investment plans in harmony with your reality.Investment success also stays with you.
I must say that I appreciate the few you just said here even though many may not value it if they did not read it insightfully, but it's indeed valuable. Investors should always be prepared for the good and bad, even as they also prepare for the worst-case scenario and for the best at the same time. This is because anything can happen in the investment world, but still, I implore all gamblers to be good speculators and their chart readers so that they are not just following the myths and mouth-trends, these always put investors in trouble. Also, we should learn how to limit the way we trust the tradition and history of the market. My investment experience has always taught me that what happened today is not an indication of future happenings, anything can change at any time, this is why the market is Dynamic itself.
As for the cryptocurrency status, we do not need a seer to tell us that it is bearish in sentiment, but with time, it may be bullish. However, the altcoin season of a thing should be expected with care, anything can happen now that tradition and history about Bitcoin is gradually changing. It may affect all the senses which people are exploring to speculate and expect some happening regarding the cryptocurrency at large, which includes the altcoinseason. I'm not saying this will not happen, but just being cautious about it. Lastly, I like your remark that "Investment success also stays with you," This is large and we should not entirely follow the style of others but ours alone to avoid mistakes, and the result will indeed be ours which may not be able to be replicated by another person.