Quote from: HELENA22 on May 29, 2023, 09:13:31 AM

There is a proverb: the bigger the wind and waves, the more expensive the fish. Therefore, as the most profitable altcoin market, it often attracts a large number of gamblers to participate in it. Therefore, the encryption market is often driven by emotions. Although it is clearly known that this is a crazy and dangerous vortex, the temptation of huge benefits is often irresistible to greedy human nature.

Though the proverb is correct but they all suffer from the same problem, they are correct only partially and not absolutely. Trading altcoins is one place where you want to tread carefully, because this is a wild west without regulations and scammers and shitcoins everywhere. If you are keeping yourself limited to top coins which you will not once the "season" starts you will lose more than you can afford, not like the fish.

I think open season or closed season, keeping the choice limited to top coins yields the maximum for long term traders. Go test the waters with newly launched hyped coins - most of the traders will not manage to make anything, its a gamble.