Post
Topic
Board Altcoin Discussion
Re: Waiting patiently for the next bull run...
by
QueenVera
on 03/08/2023, 23:27:35 UTC
[Since the hype of meme coins, lots of new meme coins has existed but that doesn't mean that all of them would survive or even reach the success when the bull season approaches. It needs hype and manipulation just like what happened to some meme coins but if you seek assurance, better stick with potential coins with strong background and foundation.
Do not rely only on meme coins because they don't have a concrete assurance of surviving all the market conditions. Top coins will still be the best options where you can generate even a better profit when the bull season comes.

While you shouldn't depend on only memecoins, you shouldn't depend on only top coins as well because cryptocurency market is volatile as the tables can turn anytime and coins that were considered to be top projects becomes low volume project that nobody wants to invest into anymore because they're no longer giving profits as the trend they depended on has gone out of hype.
Some of the defi coins that were hyped and made their way to top positions are no longer there because defi project stopped getting the high attention they were getting in the past bull market. Don't depend on any project that they'll be among the top projects forever. All coins can die in bear market if they lack the ability to convince their investors to trust in their building process.
Altcoins that build during the bear market are the project we should be interested in investing into because this projects will do very well when the bull market starts. While you're waiting patiently for the next bull market, you have to be accumulating coins as well so you don't miss out on the potential profits that the market will give to those that invested into it during the bear market.