I'm feeling the pressure not to miss out on this bull run. I'm confident in my portfolio of solid coins, but I don't think they're quite cutting it. I want my investments to bring in serious wealth. I've heard about meme coins making people rich overnight, but I'm a bit wary of jumping into that arena. By the way, do you think older coins will see the biggest price surges compared to newer ones? What are your thoughts on this?
I don't think I'm yet ready for the bull run. Except for the few exceptional people, crypto has been a tool to make rich people richer while poor people struggles through their livelihood. Rich people have the money to buy the low and adjust the holdings and price, has capacity to wait as their huge sum of money stays idle and one day the bull arrives making it 10 times larger, say 1M to 10M. The same 10 times larger would be the poor money but it's 1K to 10K, the wealth gap would have increased further. I don't mean to discourage people from investing in crypto, I myself is investing as much as I can but we'll not have infinite number of bulls.