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Boop.Fun leading the way with a new launchpad on Solana.
Looking at this cycle, the path for altcoins is actually very clear: they can only be speculated on, not held for the long term.
I have a fan who bought $JASMY in 2021 at a price of $3, and now it's at $0.005, a drop of 600 times. The most terrifying part is that despite dropping 99.9%, it still has a market cap of $250 million!
Don't listen to the talk about long-term holding or value investing; the essence of altcoins is speculation, not assets.
The peaks of altcoin cycles are getting lower each time, and the lows are continuously probing downward, which indicates a slow trend towards zero.
Hoarding altcoins and holding onto them will likely lead to deeper losses, gradually depleting your principal.
Those who can truly survive are the ones who enter and exit quickly, take profits when they can, avoid getting attached, and don't indulge in fantasies.
Remember this: altcoins can be played with, but they shouldn't be trusted; you can make quick money, but they shouldn't be treated as a lifelong career. Protecting your principal is more important than anything else.
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