“Thinking about investing recently”
Personally, I’m focusing on bitcoin, but I’m investing in altcoins, and valuation gains and losses have also declined as Ethereum, the Alt leader, has plummeted. As a result, I think most alt investors, including myself, will be exhausted and have a hard time.
As Bitcoin continues to dominate recently, I have seen and heard through the community and acquaintances that they will change the port because Bitcoin is the only answer. Investment has no correct answer because each person has a situation, but to briefly tell you my personal thoughts on investing in alt,
First, the attitude of taking responsibility for choices is the most important,
Second, I think it’s important to have confidence and belief in the coins you invested in.
In the end, for altcoins to rise, liquidity flows into Ether, the second-largest asset in crypto, raising prices and increasing liquidity through DeFi as collateral for a full-fledged boom.
Numerous institutions that invest in crypto have reached out to the Trump administration as well as legacy finance. I think there’s a good chance they won’t just turn this golden opportunity down. In addition, the narrative that altcoins can create a blockchain economy is also why I want to have alt-captain Ether for a long time.
The market is emotional. Depending on the price, social media including the media tend to go to hot and cold baths, and ridiculed assets (Ripple, Doge) sometimes end up showing a big increase. What’s interesting is that even people called experts on YouTube and social media end up being wrong. But it’s also funny for a reason. So I think it’s important not to be swayed and have your own investment beliefs.
I wrote it rambling, but I wrote down my thoughts a little because the intestines were dizzy and the community was dizzy. I hope you all overcome the difficult chapter wisely.
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