Bitcoin

<ul class="news-points"> 
 <li>Top crypto trader warns against investing in older altcoins, citing a 99.99% failure rate.</li> 
 <li>The trader stressed that altcoins often falter after their initial cycle after accumulation and dumping by project teams.</li> 
 <li>He claims Bitcoin is the only coin with the proven ability to stand the test of time.</li> 
</ul> 
Crypto Feras, a well-known Bitcoin trader, has taken to X to issue a stark warning to the crypto community concerning their investment choices, stating, “This is why you DON’T invest in OLD Coins.”&nbsp; 
In the tweet, Feras pointed out that an overwhelming 99.99% of alternative cryptocurrencies fail to endure beyond a single market cycle. He contrasted the situation with the <a href="https://coinedition.com/btc-and-eth-exchange-supply-drops-while-usdts-rises-report/" rel="noopener noreferrer nofollow">resilience of Bitcoin (BTC) in the market</a>.&nbsp; 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 This is why you DON'T invest in OLD Coins 99.99% of <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Altcoins</a> never make it vs. <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#BTC</a> more than a single cycle 1st cycle is where project team/VCs and whales hold &amp; sell to retailers 2nd cycle is nothing more than an echo bounce led by poor retailors like ourselves <a href="https://t.co/FPH1XZVqar" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/FPH1XZVqar</a>— Crypto Feras  (@FeraSY1) <a href="https://twitter.com/FeraSY1/status/1703039830207176919?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 16, 2023</a> 
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Furthermore, Feras highlighted the trajectory typical of altcoins in the market. He explained that during the ini… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/dont-invest-in-old-coins-expert-says-99-99-of-altcoins-fail/">“Don’t Invest in Old Coins,” Expert Says, 99.99% of Altcoins Fail</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

“Don’t Invest in Old Coins,” Expert Says, 99.99% of Altcoins Fail

Coin Edition

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