Looking at the market trends over the past two years, the pattern of the altcoin season has changed. The days of crazy surges and everyone making money are gone. Instead of waiting idly for the next altcoin explosion, it's better to calmly analyze the risks.
Where are the problems? First, lack of liquidity. Early small-cap coins could surge because of concentrated funds and high participation. Now, as the market matures, big investors are more cautious, and retail investors' FOMO has weakened. Once you get in, it's easy to become the last bag-holder.
Second, the time cost of being trapped is too high. Altcoins are highly volatile; they can skyrocket today and plummet tomorrow. Can you be sure your mindset is strong enough? Can you stay calm when your account shrinks? Most people end up panic-selling in fear.
To put it simply, chasing altcoins at this stage is more like gambling than investing. Instead of putting funds into these high-risk assets, it's better to allocate some relatively stable coins with solid fundamentals and steady growth. Risk management should always come first.
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fren.eth
· 01-06 12:09
Really, chasing after knockoffs now is like gambling; the chances of getting stuck with a bad deal are too high.
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SeasonedInvestor
· 01-05 08:22
That really hits home. The hard-earned money I lost in the past two years is gone just like that.
Being a bagholder really doesn't feel good. Now whenever I see someone hyping up a clone coin, I just want to laugh.
Instead of gambling, it's better to buy some mainstream coins and relax. That's the art of living.
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BakedCatFanboy
· 01-04 18:32
That's so true. I'm already tired of those copycat people following the trend to cut losses. Playing this game now is really suicidal.
The term "bagholder" hits home; at least five people around me have experienced it.
Poor liquidity is a trap; it's easy to get in but hard to get out once you're stuck. It's better to honestly lay out a solid plan than to gamble blindly.
This round of the market has indeed changed; it doesn't have the same nationwide frenzy as before. Risk awareness needs to be raised.
Shanzhai projects either skyrocket tenfold or go to zero; there's nothing in between. It's too刺激, so I reduced my position.
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MysteriousZhang
· 01-04 16:51
The sucker prophet has been exposed; I've seen through this trick a long time ago.
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FlashLoanLord
· 01-04 16:50
Sigh, you're right. This wave is indeed different. The dream of getting rich overnight in the early years has been shattered.
The term "bag holder" hits hard. I've been caught in that situation myself, haha.
Whether your mentality is strong or not can be seen from the account shrinkage. Most people talk nicely but can't follow through.
Instead of gambling, it's better to be steady and cautious. Risk management is the key.
Focus on the cryptocurrencies with strong fundamentals; that's the long-term strategy.
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Ser_Liquidated
· 01-04 16:50
That's right, I've seen the fate of those who take over, it's too difficult.
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Now, chasing after clones is basically pure gambling, I've quit long ago.
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Liquidity is indeed a trap; once you're in, you can't get out. No one can avoid it.
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Hard to keep a steady mindset? Just kidding. When you see a limit-down, you want to run. Most people are like that.
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Instead of gambling on clones, it's better to copy and focus on projects with solid fundamentals, at least you can sleep peacefully.
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I used to take over positions and am still losing money; that's a lesson learned.
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Risk management first, I agree with that, but unfortunately, knowing it and actually doing it are two different things; few can execute properly.
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The era of everyone making money is truly gone; as the market matures, it becomes even more risky.
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Having been caught in a trap, you realize how terrifying the time cost is. A month, two months, half a year pass, and the principal is still shrinking.
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Simply put, don't chase anymore. Maintaining stable operations with mainstream coins is the right way.
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RugPullAlarm
· 01-04 16:45
Oh no, another one talking about risk management? Looks like you haven't looked enough at on-chain data.
That early wave indeed had a concentration of funds through the roof, but have you checked the large addresses of those skyrocketing coins? In the past two months, I've been focusing on exit warnings and found a pattern — lack of liquidity is actually intentionally designed by project teams, making it easy to trap retail investors and force them to sell at a loss, while large holders can buy in at low prices.
You say the time cost of being trapped is high, yes yes yes, but the problem isn't the mentality. It's that when you choose coins, you didn't look at the smart contract audit reports, didn't track the flow of funds, and just operated superstitiously? That's definitely asking to be exploited.
There's still a chance now — you just need to learn how to use on-chain data to call out project teams, eliminate suspicious addresses, and then play.
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SnapshotDayLaborer
· 01-04 16:43
There's nothing wrong with that; the era when you could rely on luck to make money last year is truly over. Now, chasing altcoins is like gambling with your life.
I've heard the term "bag holder" too many times; it's exhausting.
Poor liquidity, mental breakdowns, skyrocketing time costs—who can withstand these triple hits? It's better to honestly allocate funds into mainstream coins.
The market has changed, yet people still use old tricks—no wonder they're getting cut.
Instead of dreaming of getting rich overnight, it's better to live steadily until the next cycle. That's the real truth.
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GasFeeCrier
· 01-04 16:41
That's right, I'm currently holding stablecoins and have long given up chasing those altcoins.
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The altcoin season is indeed over. Instead of gambling, it's better to manage risks properly.
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The term "bagholder" is used perfectly here; I've fallen for this trap before.
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People with a weak mindset shouldn't touch altcoins; you'll really cut your losses until you're bleeding.
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Poor liquidity is the most heartbreaking; you're trapped and can't even sell when you want to.
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Instead of waiting for the next hot trend, it's better to allocate your funds to mainstream coins and sleep peacefully.
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I'm completely disillusioned with this altcoin season; it's too risky.
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Gambling and investing are truly two different things. I choose to leave alive.
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All the big players are scared now, and retail investors still dare to rush in—aren't they just asking for death?
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The time cost really hit me; being trapped for three months feels completely different from being trapped for one day.
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ILCollector
· 01-04 16:36
That's right, this wave is indeed different. I'm now just earning some interest by holding mainstream coins; the old-school altcoin strategies are already outdated.
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The term "bagholder" hits too close to home. I was caught in that last year, and I still haven't gotten out of it.
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Lack of liquidity is very real. No one is buying small-cap coins now; I can't even find buyers to cut losses.
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Instead of gambling on altcoins, it's better to focus on spot trading. Steady returns are quite attractive, no need to watch the charts and get your heart pounding.
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Honestly, the altcoin season is long gone. Now I just hold some Ethereum and Bitcoin, and I sleep peacefully.
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The era of full-portfolio altcoin trading will never come back. The market is too rational now, so there's no opportunity.
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The small coins I followed last year are still frightening to think about; I almost lost all my principal.
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The truth is, it's really gambling psychology at work. I've turned over a new leaf.
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The moment my account shrank beyond limits, I couldn't hold on anymore. I eventually chose to cut losses and learned my lesson.
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Risk management has been talked about for so long, but most people just can't listen until the market teaches them a lesson.
Looking at the market trends over the past two years, the pattern of the altcoin season has changed. The days of crazy surges and everyone making money are gone. Instead of waiting idly for the next altcoin explosion, it's better to calmly analyze the risks.
Where are the problems? First, lack of liquidity. Early small-cap coins could surge because of concentrated funds and high participation. Now, as the market matures, big investors are more cautious, and retail investors' FOMO has weakened. Once you get in, it's easy to become the last bag-holder.
Second, the time cost of being trapped is too high. Altcoins are highly volatile; they can skyrocket today and plummet tomorrow. Can you be sure your mindset is strong enough? Can you stay calm when your account shrinks? Most people end up panic-selling in fear.
To put it simply, chasing altcoins at this stage is more like gambling than investing. Instead of putting funds into these high-risk assets, it's better to allocate some relatively stable coins with solid fundamentals and steady growth. Risk management should always come first.