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Why encourage everyone to hold BTC and ETH long-term
Altcoin project teams are just using their air coins to exchange for retail investors' Bitcoin and Ethereum!
When BTC and ETH reach new highs, the assets held by these project teams appreciate in value, and only then do they take out profits from Bitcoin and Ethereum to push up altcoins and sell off.
The main idea is to exchange these air coins for your Bitcoin and Ethereum. When Bitcoin and Ethereum double in profit, they use your money to pump altcoins, then sell high.
So whether it's project teams, institutions, or retail investors, everyone is waiting for Bitcoin to break new highs around 120,000 before a new round of market movement. Now is the time for position management and staggered buying.
The crypto market is about who can hold on until the bull market. Financial markets all have a lag period. The liquidity expectations brought by rate cuts usually take about half a year, meaning the second half of the year is when the crypto market will benefit from rate cuts. This last half-year is also likely to be the final stage of this bull market layout. During this half-year, US stocks are very likely to experience a correction again. This is just my personal prediction. Will the crypto market follow the US stocks for another wave of correction? Yesterday already completed the last shakeout of this bull market's bear phase.
We don't need to worry excessively about things that haven't happened yet. I won't predict the market and make investment decisions in advance; I will only take action when the market shows signs.
Staying steady and holding through the bull market is also a very satisfying outcome for me!
There is no perfect strategy in the secondary market, only the strategy that suits oneself!
Just achieving the final result is enough. #非农数据超预期