Is this cycle different from previous cycles?
Yes, very different 👇
1. The market capitalization is over 3k billion USD, making it more difficult to pull and dump tokens.
2. In this market, if you observe enough, everyone will know that the number of new people is very small, so the recent pull of #altcoins is due to MM creating games and not real demand. There are some new people who came in and were dumped in March and April 2024 and left. They understand the nature of this market. I received a sentence from a friend:
"This is gambling, pulling and losing money from each other, so I would rather bet on a football match to win 100% profit after 90 minutes instead of playing this to wait to win or lose 30%, 40% in a few days 👌 football has a ratio of 5/5 💯 but this is a blatant scam 👌" - Anyone who understands the meaning will see that my friend is very right 👌
3. The number of old people has become smarter when there are scars in previous cycles 👌 some people have taken advantage of the recent grace period to close profits, withdraw money to invest in other channels to avoid FOMO in reverse and lose Tet. They have scars and they are smarter 🥶
Personally, I advise you newbies to optimize your profit-taking if any and take your money out immediately 👌 otherwise, you will lose the New Year 🫡 but if you want, just focus your capital on $BTC 🔥 #altcoins If you have a house, Bitcoiners also have a house, #memecoins If you lose your house, Bitcoiners will only lose a plate of pork chop 🤪 $BTC