Posts

How do lazy people grasp this cryptocurrency bull market?

avatar of @trendsbunny
25
@trendsbunny
·
·
0 views
·
3 min read
https://images.hive.blog/DQmQdNaBkiBTcYs8a4jAvDZtipA9YsopVEC5UgxquDfBY2a/try5y.PNG


Today, my colleague said that he started to pay attention to cryptocurrencies and asked me what kind of currency to buy. In fact, it is easy for many newcomers to enter the market, but they are often a dazzling array of digital currencies. Bitcoin's growth rate is high, and altcoins are risky. Participating in private equity licking blood, this also makes many people feel at a loss.

 In the end, my colleague told me that he bought an altcoin. In fact, I am still more worried about this situation. In the end, I can only emphasize on selling the altcoin and buying Bitcoin. So for newcomers, what coins to buy or how to operate in the bull market?

 Coins that have not yet risen may become market indicators

 Many people have found out that the implementation situation is here. Except for the previous popular ones (Bitcoin, Ethereum and other mainstreams, defi section, Polkadot section, cloud storage section, exchange platform currency), these are considered popular. And the increase is quite a lot, so newcomers may not be willing to chase high, so they will buy cheap and small cottages. This is not just the idea of ​​my colleague, but for many newcomers, it is this idea.

 In this way, in fact, we must always pay attention to the altcoins that have not yet become the target of mainstream speculation this year, because these currencies may become the vane of the market.

 When many altcoins have not yet risen, it actually means that there are relatively few newbies entering the market to buy coins, because most of the newbies are not willing to buy high-priced or high-increasing coins, but like to buy low-priced altcoins. Therefore, if you are interested in this, you can pay attention to the increase of the copycats. Generally speaking, when these rubbish copycats increase too much, it means that the market has entered a phased high.

 Old drivers still choose DEFI , Polkadot ecology

 Defi is undoubtedly the current hot spot. Whether it is the increase in the market or the efficiency of the draw, it can detonate the enthusiasm of the market. Polkadot's slot auction is still in preheating. In fact, if the newcomers are not willing to catch up. For Bitcoin and Ethereum, the Polkadot defi token is recommended first . After all, for many newcomers, defi is still a difficult point for them to understand the blockchain. Often the harder the thing, the higher the value of the hype. I believe many people will understand.

 Polkadot is a good section, at least if this bull market fails, I think I can wait until the next bull market, so even if the quilt is covered, it can still be held for a long time, but if it’s a copycat, then basically I don’t dare to take it.

In fact, for newbies, my personal recommendation is to buy mainstream, don’t be interested in other messy things, so as to preserve the wealth from the bull market. Because my colleagues are just coming to the currency circle, their way of thinking is still reluctant to buy Bitcoin and Ether. , I always want to buy cheap copycats. After I have persuaded many times, I still think that the price of Bitcoin is too high, the increase is too big, and I am unwilling to buy it.



Posted Using LeoFinance Beta