Hello dears
You see 3 charts in the picture the candlestick chart is for bitcoin, orange one is for FILUSDT and blue one is DOGEUSDT. There are lots of examples but these are enough.
Crypto is like this: a brand new coin comes in, lots of people buy it, it pumps very hard, big guys sell at the top, dump hard then the coin will be forgotten forever. Also the numbers of coins are increasing so fast. This means the liquidity will be divided between lots of coin and they can't pump as before. Furthermore in every up cycle new coins arrive with new features and absorb the majority of liquidity and old ones will have an small share.
This issue is threatening HODLers and you better be aware of that.
What do you think about someone who bought ETC at 150, Doge at 0.6 and Sushi at 15? HODLing is a failed strategy it works only about bitcoin. HODLing of altcoins is kind of madness.
Good luck
You see 3 charts in the picture the candlestick chart is for bitcoin, orange one is for FILUSDT and blue one is DOGEUSDT. There are lots of examples but these are enough.
Crypto is like this: a brand new coin comes in, lots of people buy it, it pumps very hard, big guys sell at the top, dump hard then the coin will be forgotten forever. Also the numbers of coins are increasing so fast. This means the liquidity will be divided between lots of coin and they can't pump as before. Furthermore in every up cycle new coins arrive with new features and absorb the majority of liquidity and old ones will have an small share.
This issue is threatening HODLers and you better be aware of that.
What do you think about someone who bought ETC at 150, Doge at 0.6 and Sushi at 15? HODLing is a failed strategy it works only about bitcoin. HODLing of altcoins is kind of madness.
Good luck
