@MarcDeMesel 6.) In the end, the market will decide what is right or wrong. The only question is: When will this misvaluation be corrected? And what needs to happen to make it happen?
Currently, I don't have an answer or thesis to my own question, just my thoughts from what I'm observing.
@MarcDeMesel 1.) According to the charts, altcoins are currently a great investment. They always have been—if you choose the right ones. However, that is the hardest part and carries the highest risk of failure.
@MarcDeMesel 5.) You can pick a project with the best fundamentals and still end up with a loser simply because it doesn’t generate enough hype or doesn’t have a strong marketing team. This creates a huge gap between top coins, hype/memecoins, and the the solid but often undervalued projects.
@MarcDeMesel 4.) The crypto landscape currently feels more like a competition of who can market the best rather than who has the strongest fundamentals, the most adoption, or the greatest market potential.
@MarcDeMesel 3.) However, these top cryptos generally do not offer the same high returns as successful altcoins.While analyzing the altcoin and memecoin market, I have noticed a significant misjudgment of value—caused by what I would call “Attention Investments.”
@MarcDeMesel 2.) As the number of altcoins continues to grow, it becomes increasingly difficult to identify the winners. This has led to more capital flowing into established cryptocurrencies that are more likely to hold their gains or even outperform Bitcoin.
So #BTC Bulls are posting about the golden cross on the daily timeframe
While #BTC bears posting about the first-ever death cross on the weekly chart.
Who's correct?