Most retail investors are still fantasizing about the skyrocketing of altcoins. Currently, all altcoins are in the hands of retail investors, and each altcoin has a market cap that can easily reach tens of billions or even hundreds of billions. There are thousands of different altcoins in the entire cryptocurrency market, with Binance having over 400. The amount of capital for altcoins is even larger than that for Bitcoin, and promoting altcoins is just lifting the sedan chair for retail investors. If you were a big player, would you promote them? Even if you do, it's just to tempt you to enter the market and then immediately harvest you.

The rise is also due to Bitcoin rising. Currently, altcoins are merely tools for harvesting retail investors. Altcoins are issued for free now, and once they are issued, they have a market cap of tens of billions or even hundreds of billions. There's no need to pump them to entice retail investors anymore; just selling the coins is enough. In the past, issuing altcoins required costs through ICOs, but now it’s a matter of issuing coins for free, with a market cap of tens of billions right from the start. There's no need to spend money to attract retail investors and then harvest them like before. Altcoins will not rise; even if they do, it’s just a fleeting moment, rising by 10% to attract you to invest, and then dropping by 30%, then rising by 10% and dropping by 20%.

Bitcoin will rise; altcoins will only keep hitting new lows. Sell all your altcoins and buy Bitcoin. Do not buy any newly issued virtual coins at zero cost, including coins that can be issued at zero cost through POS (Proof of Stake).