#btc #altcoins
‼️Many people make basic mistakes about the market. Some people determine to hunt for gems, but Ken won't say anything, because it's even worse than playing the lottery at 6:30 PM. However:
👉No matter how big the market is, or how large the market cap is, there are at most 3-4 coins.
1. Btc, of course.
2. Top 10 excluding btc and stablecoins.
3. Top 20 excluding stablecoins.
4. Top 30 excluding stablecoins.
5. The rest.
‼️So consider dividing your capital into 4-6 parts, keeping 1 part reserved for stablecoins. And allocate the remaining amount to the 4-5 parts above. How to divide it is up to you. If you like, just take a football strategy and play it for easier understanding.
‼️However, in part (5), there are too many coins. So actually, you shouldn't look at the % fluctuation of a specific coin but rather at the fluctuation of the whole cluster. That is, if one goes up, the other goes down; can you really profit from the whole bunch? Except for some situations where it can wipe out the entire group. So that's the market maker rewarding you. Therefore, hunting for gems becomes meaningless because if you catch one but lose nine, it's not worth much at all. So it's easier to play the lottery, and you won't have to wait in agony 🤣🤣🤣🤣
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