I recently saw a crypto enthusiast complaining that their altcoin portfolio was wiped out again. I've seen this too many times. Thinking back to 2021, many people around me were trading various animal coins—Dogecoin, Catcoin, Rabbitcoin—every day bragging about their dreams of financial freedom. And now? Most of them have long gone silent.
There is an undeniable pattern in the crypto world—every four years, a cycle. During this period, everyone tries to buy the dip, but what happens? They end up buying garbage. I now only focus on two types of assets: Bitcoin and Ethereum. The reason is simple: truly good projects don’t have trouble finding buyers. Look at those who promote certain coins daily—do they really have no clue themselves?
My current strategy is straightforward: hold only the best coins, and sell off the trashy altcoins if you can. This isn’t some complex theory; it’s basic common sense. But you see, 90% of people can’t do it—they always think they’re the lucky ones who will catch the next hundredfold coin. Everyone can see the myth of wealth creation in the market, but those friends who lost everything? They’ve already quietly exited.
**Recent Market Scan**
Bitcoin’s performance over the past couple of days has been interesting—rising in the morning, falling in the afternoon, then stopping the decline and rebounding at night. Overall, this year’s rhythm remains bearish, so when prices are high, be prepared to reduce your holdings. Ethereum usually follows Bitcoin, but with more volatility. When it hits the 3300-3500 range, consider clearing your position and patiently wait for the bear market bottom around 1500. On the technical side, the hourly and 4-hour charts are showing an uptrend, but the daily chart is still in decline. Intraday resistance is at $95,000, with support at $88,000.
**Latest Market Dynamics**
An institution has been continuously increasing its Ethereum holdings, buying another 24,266 ETH yesterday, with total holdings surpassing 4.16 million ETH—this ongoing buying signal is worth noting. On the other hand, a new project experienced a 76% crash within 24 hours, driven by early users selling off en masse, causing the coin’s price to plummet sharply in a short period. Good news from Korea: they just lifted a nine-year ban on corporate crypto investments, allowing listed companies to officially invest in cryptocurrencies.
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DAOdreamer
· 17h ago
That's so right. Even if it's a clone coin, you still have to stick to BTC and ETH.
I saw people around me losing big on that animal coin wave, and now everyone has become more low-key.
Institutions are still buying ETH, this signal can't be ignored.
The idea of clearing out at 3300 is good, save some ammunition for the bear market bottom.
Korea's recent policies might not be good for Ethereum. Large institutions are entering, and retail investors are about to get hit.
90% of people lose because of greed, always trying to catch a 100x coin, but ending up with a 100x loss.
The four-year cycle is real, but few people can really keep the rhythm.
If a trash coin is available, just go for it; don't expect them to make a comeback.
Stick to accumulating the best ones. I agree with you on this; everything else is gambling.
View OriginalReply0
AirdropBuffet
· 18h ago
It's the familiar recipe again, bottom-fishing has turned into bottom-vegetable picking.
Really, I haven't even thought about that animal coin wave, and now there's a new project.
Institutions are playing hard, 4.16 million ETH, how much trust can we have?
Korea has lifted the ban, right? When will it happen on our side?
View OriginalReply0
ApeWithAPlan
· 20h ago
You're absolutely right. The animal coin players from 2021 have indeed received fewer updates now; they've long been taught a lesson by the market.
HODLing Bitcoin and Ethereum is enough; there's really no need to overthink the rest.
The signals from institutions buying ETH are pretty good, at least indicating that some people are still doing their homework.
As for altcoins, those that survive have already become public chains, and the rest are just waiting to die.
The people calling the shots don't even hold coins themselves—why should you follow them?
99% of people losing money is not because of wrong strategies, but because of greed.
The lifting of the ban in South Korea is worth paying attention to; institutions are still taking action.
View OriginalReply0
GasFeeCrier
· 01-13 02:56
The animal coin wave was really incredible, now it's all just a joke haha
Shanzhai coins deserve to die like this, serves them right
The people calling signals don't even have positions themselves, just know how to hype
Institutions are still buying ETH, retail investors like us have already cut losses and walked away
Zeroing out is normal, don't pretend to be surprised
Bitcoin and Ethereum are the real deals, everything else is nonsense
The Korean ban lift is quite interesting, but it doesn't do much for us
Can the 88,000 support really hold? I'm a bit skeptical
The four-year cycle theory, I've heard it too many times
90% of people are destined to lose money, that's the essence of the market
View OriginalReply0
StakeOrRegret
· 01-13 02:54
Making money is ultimately a game for the minority; most people are destined to pay tuition fees.
Dogecoin, Catcoin... are now history, no one really remembers them.
That's right, as long as you don't touch trash coins, you're already halfway to winning.
Institutions are accumulating ETH; we just need to follow and enjoy the gains, don't dream of hundredfold returns.
Too many people have been wiped out; if you can come out alive, you should burn incense.
View OriginalReply0
GateUser-c802f0e8
· 01-13 02:52
Altcoins are just gambling psychology.
That's right, but how many people can really just hold Bitcoin and Ethereum now?
Most of those who are daily clearing out are probably the ones being shouted into the market.
Institutions are疯狂 buying ETH, I can see what signal it sends—retail investors should run.
The number of crypto friends who are clearing out is countless, but no one wants to admit they are the ones being割韭菜.
Bottom fishing? Haha, it's all traps, this must be recognized clearly.
The four-year cycle is spot on, but who can really endure it?
The Korean解除事儿 indicates that institutions are paving the way, there will definitely be big moves later.
People who坚持只买头部币 are probably doing pretty well now.
Behind every story of clearing out, there's a dream of "I can earn a hundred times."
View OriginalReply0
MetaMuskRat
· 01-13 02:45
It's the same old story, tired of hearing it
Bitcoin and Ethereum are all that matter, everything else is just a weed collector
Those who shout signals every day have already run away, and you're still there catching the bag
I only watch what institutions buy, retail investors' contrarian moves are always right
The zeroing combination is either a failed bottom-fishing or greed without stop-loss
Good news about Korea lifting restrictions? It's already priced in, don't get scalpled
90% of people lose money because they want to get rich, their expectations are too high
The four-year cycle has been talked about for so many years, yet some still refuse to believe
The bottom of the bear market relies on guessing; no one can pinpoint the exact moment
The key is when institutions will sell their 4.16 million ETH; they buy aggressively and sell even more aggressively
Look at that project crashing 76% in a flash; early users are just the whales. If you can't see this, what are you playing at?
View OriginalReply0
DiamondHands
· 01-13 02:44
Shenzhen Zeroing... I've been used to it for a long time. The people from the 2021 wave are probably reflecting on their lives now.
To put it simply, it's greed. Always thinking about getting rich quickly with 100x coins, but 99% of them end up as bagholders.
I respect friends who only copy Bitcoin and Ethereum; that's the real way to survive.
Now institutions are疯狂加仓ETH, and this signal is too tempting. I have to follow suit and get involved.
View OriginalReply0
YieldFarmRefugee
· 01-13 02:37
That's right, no one from my circle who all-in on animal coins in 2021 is still around anymore.
Wait, are institutions still buying ETH like crazy? Are they giving us a lesson?
It's really nothing new for altcoins to go to zero; we've seen it all before.
I'm also trading Bitcoin and Ethereum the same way, everything else is just sending money away.
Buying the dip has turned into buying vegetables, haha, this is the crypto world.
Has South Korea lifted the ban? Could this be the start of another round of harvesting?
We need to watch the buy-in signals from institutions, but don't be fooled.
How come some people still believe they can catch a 100x coin? Wake up, brothers.
I recently saw a crypto enthusiast complaining that their altcoin portfolio was wiped out again. I've seen this too many times. Thinking back to 2021, many people around me were trading various animal coins—Dogecoin, Catcoin, Rabbitcoin—every day bragging about their dreams of financial freedom. And now? Most of them have long gone silent.
There is an undeniable pattern in the crypto world—every four years, a cycle. During this period, everyone tries to buy the dip, but what happens? They end up buying garbage. I now only focus on two types of assets: Bitcoin and Ethereum. The reason is simple: truly good projects don’t have trouble finding buyers. Look at those who promote certain coins daily—do they really have no clue themselves?
My current strategy is straightforward: hold only the best coins, and sell off the trashy altcoins if you can. This isn’t some complex theory; it’s basic common sense. But you see, 90% of people can’t do it—they always think they’re the lucky ones who will catch the next hundredfold coin. Everyone can see the myth of wealth creation in the market, but those friends who lost everything? They’ve already quietly exited.
**Recent Market Scan**
Bitcoin’s performance over the past couple of days has been interesting—rising in the morning, falling in the afternoon, then stopping the decline and rebounding at night. Overall, this year’s rhythm remains bearish, so when prices are high, be prepared to reduce your holdings. Ethereum usually follows Bitcoin, but with more volatility. When it hits the 3300-3500 range, consider clearing your position and patiently wait for the bear market bottom around 1500. On the technical side, the hourly and 4-hour charts are showing an uptrend, but the daily chart is still in decline. Intraday resistance is at $95,000, with support at $88,000.
**Latest Market Dynamics**
An institution has been continuously increasing its Ethereum holdings, buying another 24,266 ETH yesterday, with total holdings surpassing 4.16 million ETH—this ongoing buying signal is worth noting. On the other hand, a new project experienced a 76% crash within 24 hours, driven by early users selling off en masse, causing the coin’s price to plummet sharply in a short period. Good news from Korea: they just lifted a nine-year ban on corporate crypto investments, allowing listed companies to officially invest in cryptocurrencies.