The Secret No One Tells You: Altcoin Risks Exposed
It's always been told by experts about this bullish cycle of the crypto market, and they told that this time the bull run will be quite different from the past ones.
They also stated that there will be many of the altcoins which will not outperform and will leave you broke.
I never believed them and always ignored them. But today when I see that Bitcoin is standing at its all time high and other other altcoins are standing at its low prices, makes me realize about that truth.
That's a secret that no one is daring to tell you. Many of the investors are going to lose because in the start of bear run, these altcoins which you have invested will give you a huge losses.
I have been in the crypto market for around five to six years and witnessing 2 full market cycles.
Now I can tell you with confident that majority of the altcoins will broke you which you are holding.
One of the main reason for the altcoins which will not outperform is that is because of the new tokens that are launched every day.
Many investors are moving towards these new coins and they are investing blindly taking the price upside.
Also the whales who are manipulating the whole market are investing in the new coins and you see that an unknown coin makes a god candle going upside by 5X to 10X.
Strong fundamental coins remains on their lowest prices and they have been always ignored by the whales and other rich investors.
Also another reason that altcoin will not outperform is the lack of confidence of investors they are more preferring Bitcoin rather than altcoin because they see Bitcoin as the safe investment.
That is why diversification will help you to reduce your losses in this bull run.
I will prefer to invest in some of the fast coins or you can say volatile coins as well because they will outperform in this bull run.
THANK YOU!
