In this bull market, how can you make money and put it safely in your pocket?
Halfway through 24 years has passed in the blink of an eye. In fact, very few retail investors in the crypto have made money, and most people are actually losing money, spot players are like this, and contract players are even more so. Moreover, the first quarter of 24 was still a bull market, but most people did not make money, not to mention the volatile market in the second quarter. In fact, very few people made money.
In fact, this is an unsolvable answer, because in the crypto, only a very small number of retail investors can make money, and every retail investor thinks that those people are him. This may be the survivor bias!
1. Not making money from trends:
Most people agree that making money requires making money through trends. Whether it is spot or contracts, it is the same. Trends are king. Retail investors do not need to wait for the market every day to make money. One wave of trends may be enough to make enough. However, most people do not understand trends and do not know how to analyze large-scale trends. In other words, most people cannot see that the market is the bottom when it is at the bottom, and dare not chase it when it starts. In fact, they just don’t understand how to judge the trend.
2. Unable to grasp the rhythm of the bull market:
In fact, to put it bluntly, they don't know how to analyze the market through large cycles. Many people are always stuck in the hourly or daily lines and cannot extricate themselves. If they want to grasp the rhythm of the bull market, they must learn to analyze the market through large cycles, that is, weekly and monthly lines. Looking at the market through large cycles is like standing on top of a maze to find the rhythm, while small cycles can only keep hitting walls in the maze. If they want to get out of the maze, they need to grasp the rhythm through larger cycles and not be affected by the ups and downs of small cycles.
3. Will not escape the top:
Selling when the market is crowded is easy to say but difficult to do, because at the top, the emotions of retail investors are basically out of control, and many people understand this principle and can see clearly that good news is coming out frequently at that stage, and retail investors are excited. However, no matter how clearly retail investors see it, it is useless, because the dog dealer will pull up after you sell, and keep falling and rising, repeatedly washing at the top for several months. In fact, few retail investors can really bear it. In the end, they will be deeply trapped. Basically, the money earned in the rising stage will be cut off by the dog dealer in the end. It is cruel, but very realistic.
The most promising Altcoin worth paying attention to at present
EGLD
MultiversX is a highly scalable public blockchain that leverages sharding technology and has more than 3,000 validator nodes. Its design addresses three key challenges for global adoption, including transitioning from limited to high-speed connections, significantly improving user experience, and simplifying self-custody.
Recently, the platform launched Sovereign Chains, a solution that provides an on-demand sovereign execution environment and meta-coordination layer for a variety of layer 1 blockchains. This was demonstrated in a livestream presentation, showcasing Sovereign Chains as a modular, plug-and-play technology stack.
Furthermore, the stack can be integrated with the main chain, offering new possibilities for cross-chain operations with other layer 1 blockchains. Sovereign Chains inherit MultiversX's high performance and unique features, such as on-chain two-factor authentication and native standards. They are further committed to creating a unified cross-chain experience. This network represents a major step forward for blockchain technology. MultiversX is up 4% in the past 24 hours. The coin is 8.79% above its 200-day simple moving average of $37.79. Given its market cap, the coin has shown a positive performance relative to its token sale price and is highly liquid.
SHIB
Shiba Inu (SHIB) has seen a lot of price volatility in the past 24 hours, with a gain of 6.87%. The trading session was very active, with price volatility peaking at higher levels before slightly retreating. This rise reflects strong bullish sentiment among investors, indicating renewed confidence in SHIB. In the past 24 hours, Shiba Inu trading volume surged 171.02% to $2.42 billion.
This substantial growth highlights the increased interest and active participation in SHIB trading. The active trading environment is further highlighted by the 14.90% volume-to-market cap ratio, indicating a strong market turnover rate and ample liquidity. Shiba Inu's market cap also saw positive changes, rising 6.89% to $16.18 billion. The rise in market cap has placed SHIB at 11th place among cryptocurrencies, demonstrating its presence and influence in the digital asset space. SHIB's circulation volume remains high at 589.27 trillion. Shiba Inu's overall performance indicates that this is a vibrant and active trading period, with active investor participation driving its upward momentum.
TIA
Celestia (TIA) has gained 6.88% in the past 24 hours. This upward trend indicates strong bullish sentiment among investors as the price fluctuated throughout the trading session with clear peaks and minor pullbacks. In addition, Celestia's trading volume also saw a staggering increase, surging 99.83% to $370.51 million. The significant increase in trading activity highlights the increased investor participation and engagement in Celestia trading. The surge in trading volume indicates strong market interest and helps to improve TIA's liquidity. The volume-to-market cap ratio is 17.51%, further highlighting Celestia's turnover and active trading environment.
Meanwhile, Celestia’s market cap rose by 7.00% to $2.14 billion. The growth in market cap has placed Celestia at 55th place among cryptocurrencies, showcasing its growing influence and presence in the digital asset space. With a circulating supply of 187.07 million TIA, Celestia remains a significant player in the market.
FLR
Flare (FLR) also saw a notable increase in price, climbing to $0.0280, an increase of about 5.2%. The upward trajectory of the price highlights the positive sentiment among investors and traders towards Flare, reflecting optimism about its future potential.
Flare's trading volume also grew significantly, up 66.85% to $13,312,447. The increase in trading volume indicates an increased level of trading activity, suggesting that more investors are participating in the market, either by purchasing more FLR or taking advantage of price movements to profit. Meanwhile, Flare's market capitalization grew 4.20% to $1,161,325,575. The growth in market capitalization and trading volume is a strong indication of the strong market dynamics currently in favor of Flare.
Finally, there are still many things that are not written down, such as specific opportunities and specific decisions. These things are often not something that can be summarized in one article.
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