Shark trap

Why is the market green but your account has not increased? Or has not increased strongly during this period. Bitcoin has just reached a new high of 64K, but many of you are still not happy because your account has not increased or not increased strongly. Let's look at the shark trap: Bitcoin is the focus Bitcoin has been in the spotlight for a long time since the end of last year when the story of Bitcoin Spot ETF was mentioned too much. After the Bitcoin Spot ETF story ended and temporarily calmed down, in the early morning of February 29, Bitcoin had a pullback to 64K to continue to focus attention on it once again. Bitcoin Dominance at the time of writing is 50.6%, meaning it still accounts for half of the market capitalization. That's why Bitcoin is always at the forefront of every rising wave of the market. There is no reason for the sharks to rush to pump Altcoins to you.
You get bored holding Altcoins and when you let go to chase Bitcoin, the sharks will switch to pumping Altcoins one after another. At this time, they continue to watch Bitcoin stand still and Altcoins stand still. growth. If you have experience in this, it's great because this seemingly simple trap is very easy to take your money. Bitcoin will be the focus for most of the uptrend. Ethereum grows every day May this year will be the decision time to approve the ETH spot ETF. Following Bitcoin, money will flow to Ethereum which is expected to be quite strong in this cycle. If approved this year, Ethereum will once again confirm which is the strongest Altcoin and worthy of the Queen of Crypto position. This cycle shows many advantages for Ethereum as the Dencun update is approaching, the movement of holding Ethereum to stake on platforms to receive huge Airdrops is still happening. Layer 2 is also thriving and the story of competition between Zk and Rollup will be very interesting.
I believe that Ethereum will increase very strongly in this cycle and if up to now you do not have Ethereum in your portfolio, it may be a pity. The market is becoming more and more popular and experienced. Even though there are more opportunities, to win in the end, you need to have Bitcoin and Ethereum in hand if you don't want to be severely psychologically tortured. It will be difficult for altcoins to increase sharply at the same time There are too many Altcoins compared to the previous cycle, which is why the cash flow cannot be pumped simultaneously at this time but will flow from one system to another. That's why many of you holding Altcoin have not seen a strong increase in your account at this time even though Bitcoin has increased nearly 4 times since the bottom of the cycle. I have shared the section "Altcoins that can be held long-term" with each system of 3 Altcoins. That's why those who like Altcoin should allocate capital to hold a diverse portfolio. The fact that the trends will pump slowly and one after another will make the Altcoin you hold take a lot of time to turn. This is also how "sharks" take money from impatient investors. We can see the money flow in the first 2 months of 2024 is in AI Altcoins and to some extent in GameFi.
So if you only hold Altcoin and don't have any of these two systems, you will probably feel quite impatient when you see your account not increasing much or even remaining stagnant. The TOTAL 3 chart below shows that last season saw the capitalization of Altcoin (excluding Ethereum) increase more than 39 times from the bottom and this cycle is only nearly x2. That's why I mentioned many times "We are at the foot of the uptrend wave". This means that it is not the time for Altcoins to grow strongly together - Be patient! Greed is something that cannot be controlled That's definitely the case because compared to other markets, this market still makes money quite easily during the uptrend period. It is difficult for anyone to resist the desire to have a very large account right from the start and this is a huge trap. If you read this far or watch the warnings I mentioned in the videos, then lower your expectations and you will have % more success at the end of the season. Even if you can set your own target x2, x3 accounts right before joining, you will soon become FOMO because you look at other people's accounts.
I see everyone showing off how much their accounts have increased, but why am I so incompetent? That's when greed arises and be careful, sharks will take all your money anytime your greed is not at the right time. summary The market will always know how to make you regret the up phase and be extremely scared every time it adjusts. Prices will not go up like an elevator but always need adjustments before continuing to increase. The same goes for cash flow, it will not be possible to simultaneously pump all coins strongly, so choose the right civilization and just sit back and enjoy the results. Most people fail in the market because of not holding BTC and ETH if you are a beginner. Hopefully what I have warned from last year until now will help you be more confident to be the final winner, the game of the new big rising wave is just starting. Be careful before every decision you make!