Opinion: The risk-return situation provided by Altcoin far exceeds that of Bitcoin. It is time to adjust the accumulation strategy

Odaily reported that Syncracy Capital co-founder Daniel Cheung posted that "in this cycle, everyone suddenly thinks they are George Soros, constantly monitoring the hourly chart to grasp the entry/exit timing and use leverage for operation." Cheung said this is the main reason why Altcoins have not broken through as quickly as "the previous few cycles." According to CoinMarketCap data, the top three gainers among the top 100 cryptocurrencies by market cap in the past seven days are Bitget Token (BGB), up 80.65%, Virtuals Protocol (VIRTUAL), up 42.30%, and Pudgy Penguins (PENGU), up 31.63%. At the same time, with Bitcoin's price stagnant in the last few days of 2024, its dominance has risen to nearly 60%, and traders are increasingly believing that now may be the time to shift their accumulation strategy towards Altcoins. "At this juncture, Altcoins offer far superior R/R (risk/reward) compared to Bitcoin," an anonymous crypto trader Dyme said in a post on December 27, adding that "the DCA (dollar-cost averaging) era of Bitcoin is over, with more than 1.5 years to go."