Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: SmartGold01 on April 12, 2024, 10:45:36 PM
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I have been around the crypto-space for not less than 3 years plus now and although most post I red over here and the other forum shows that most project or nearly new birth project list close to halving, and this year I have come to confirm it myself because the rate at which project are launched is too alarming.
I just have this feelings that either since bull is around the corner they wanna utilized the opportunity for their project to soar or they launched for the purpose of scamming people around since most people don't know the real project to invest during halving.
I could be wrong in my perspective..
Please I would love to know your own experience and why projects launched within the halving period if I am not mistakenly.
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Because, halving is a very special moment in the world of cryptocurrency. Halving is usually a benchmark for price increases. The point is that it is one of the things that influences the increase in income significantly. And this has been happening for a long time. And in the end, many developers are taking advantage of this moment to launch their new projects. At least when they will launch on the market, the market situation is currently in a bullish era. This will make it easier to carry out various strategies so that coins or tokens from the new project pump significantly.
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Because, halving is a very special moment in the world of cryptocurrency. Halving is usually a benchmark for price increases. The point is that it is one of the things that influences the increase in income significantly. And this has been happening for a long time. And in the end, many developers are taking advantage of this moment to launch their new projects. At least when they will launch on the market, the market situation is currently in a bullish era. This will make it easier to carry out various strategies so that coins or tokens from the new project pump significantly.
This shows that I wasn't wrong on my perspectives
Now do you know is they really mean well for their project to last for a very long time or you think they are just trying to utilized they hype of the bull run. Normally from my own point of view, most of the project that launches within the bull season doesn't last most times when they bear starts you we could hardly find them doing well as their were doing before, that is to say that whenever a new coin and token is being launched within this period we should be very mindful with the way we go into investment otherwise losing is inevitable.
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I just have this feelings that either since bull is around the corner they wanna utilized the opportunity for their project to soar or they launched for the purpose of scamming people around since most people don't know the real project to invest during halving.
Many projects would love the opportunity to make a splash during the bullish season and this year we have the approval of the ETFs and the coming halving as the biggest triggers for the bull to show its head in the market. With Bitcoin getting a lot of attention from many investors directly and indirectly, there is that chance that alts will also be getting the attention they are craving for. And in this situation, many developers and project managers are thinking that they got more chance to succeed when the market is under a big stimulation...unlike if there is a big winter situation enveloping the industry when investors are souring on the whole market. Now, with this in mind, it should be noted that a big chunk of many new projects can be categorized as scammy or just there for the sake of making money...and we are I think witnessing this now especially in the memecoins market now making a rage under the Solana network. That is why we have to be careful not to be fooled by the hypes by many promoters all over the place. Many of these new projects will eventually fade by next year when the reality will hit the ship they are imaginarily selling.
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I just have this feelings that either since bull is around the corner they wanna utilized the opportunity for their project to soar or they launched for the purpose of scamming people around since most people don't know the real project to invest during halving.
Many projects would love the opportunity to make a splash during the bullish season and this year we have the approval of the ETFs and the coming halving as the biggest triggers for the bull to show its head in the market. With Bitcoin getting a lot of attention from many investors directly and indirectly, there is that chance that alts will also be getting the attention they are craving for. And in this situation, many developers and project managers are thinking that they got more chance to succeed when the market is under a big stimulation...unlike if there is a big winter situation enveloping the industry when investors are souring on the whole market. Now, with this in mind, it should be noted that a big chunk of many new projects can be categorized as scammy or just there for the sake of making money...and we are I think witnessing this now especially in the memecoins market now making a rage under the Solana network. That is why we have to be careful not to be fooled by the hypes by many promoters all over the place. Many of these new projects will eventually fade by next year when the reality will hit the ship they are imaginarily selling.
You are correct, the approval of Bitcoin ETF was a sole purpose for more altcoin to get list in the market this year, but what i won't encourage people to venture mostly is memecoin with the intense of launching on the Solana chain which attracts much hype from investor who doesn't know their stances. When the breeze is too hard for them to survived they would end up folding up so quickly without the need to stand the pressure, and of course we shouldn't be that overwhelmed with some hyped over the media since most of them are solely there for self interest when they noticed they are top influencer they would go buy and promote a particular memecoin and when people venture into it they takes profits from it..
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I have been around the crypto-space for not less than 3 years plus now and although most post I red over here and the other forum shows that most project or nearly new birth project list close to halving, and this year I have come to confirm it myself because the rate at which project are launched is too alarming.
I just have this feelings that either since bull is around the corner they wanna utilized the opportunity for their project to soar or they launched for the purpose of scamming people around since most people don't know the real project to invest during halving.
I could be wrong in my perspective..
Please I would love to know your own experience and why projects launched within the halving period if I am not mistakenly.
2024 is the year of bitcoin halving. Bitcoin halving is only 6 days 15 hours and 9 minutes away. In fact half the time projects are brought to the market for more success, we saw a lot of new projects pumping in the market in 2024 and people made a lot of money from it and are still taking it because when the market is good no one is afraid to invest everyone shows interest to invest. On the other hand when the market is very low, people suffer a lot due to the dumping of the market, so people find it difficult to invest there, due to which people do not invest in new projects in the dumping year due to which most of the projects come in the market in the year of halving.
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Because, halving is a very special moment in the world of cryptocurrency. Halving is usually a benchmark for price increases. The point is that it is one of the things that influences the increase in income significantly. And this has been happening for a long time. And in the end, many developers are taking advantage of this moment to launch their new projects. At least when they will launch on the market, the market situation is currently in a bullish era. This will make it easier to carry out various strategies so that coins or tokens from the new project pump significantly.
Well, it's true, the halving is a moment that most people in the cryptocurrency space have been waiting for, so it's not surprising that many people are taking advantage of this moment in their own way.
There are even some of them who have bad intentions to take advantage of this moment, they can use it to cheat, for example. But I am sure that if we already have experience then we will avoid that. And actually, fraudsters are also around, not just during the halving.
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I have been around the crypto-space for not less than 3 years plus now and although most post I red over here and the other forum shows that most project or nearly new birth project list close to halving, and this year I have come to confirm it myself because the rate at which project are launched is too alarming.
I just have this feelings that either since bull is around the corner they wanna utilized the opportunity for their project to soar or they launched for the purpose of scamming people around since most people don't know the real project to invest during halving.
I could be wrong in my perspective..
Please I would love to know your own experience and why projects launched within the halving period if I am not mistakenly.
2024 is the year of bitcoin halving. Bitcoin halving is only 6 days 15 hours and 9 minutes away. In fact half the time projects are brought to the market for more success, we saw a lot of new projects pumping in the market in 2024 and people made a lot of money from it and are still taking it because when the market is good no one is afraid to invest everyone shows interest to invest. On the other hand when the market is very low, people suffer a lot due to the dumping of the market, so people find it difficult to invest there, due to which people do not invest in new projects in the dumping year due to which most of the projects come in the market in the year of halving.
It's nothing to new to people who has been around the cryptosapce for decades now and are used to it, people needs to be afraid of the market because we can't never give accurate results to what would happen next or after. Those who are fortunate enough to make profits is a result of their activeness which they knew that altcoin isn't something to hold for long rather than for short term.
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I just have this feelings that either since bull is around the corner they wanna utilized the opportunity for their project to soar or they launched for the purpose of scamming people around since most people don't know the real project to invest during halving.
I could be wrong in my perspective..
Please I would love to know your own experience and why projects launched within the halving period if I am not mistakenly.
You are not wrong at all, the reason why we have new projects during bull run is because they tend up make more sales in the bull run which always happen after the halving. It's always easy for projects to raise money in bull run than bear market and coins pump easily when they are listed in bull run with good exchanges.
Halving also provides liquidity to new projects, it's easy for the new projects to raise money, get listed on exchanges and also for investors to make huge money on returns from their investment. If you launch a new projects in a bear market, I'm not even sure if they are going to be able to raise money for the sales of the coins or even do for listing of the projects.
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I do not really think this is totally correct. If you are actively looking for presales and also checking the launchpad on exchanges, you will notice that there are many projects that launched not close to bitcoin halving at all. I can see many projects that were launched after 2020 halving as of today. What you can say is that projects launched during this time may increase in price very soon as opposite to those that were launched and first fall before rising. There are some projects like Pepe and some others that were even launched before halving and increased in price.
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that either since bull is around the corner they wanna utilized the opportunity for their project to soar or they launched for the purpose of scamming people
Yes, both of those are correct. The ones who want to launch top level projects often released their projects during the bull run because it's the time when investors are highly interested in top projects, and they want to earn 2x to 100x profits for good projects.
On the other hand, the scammers and rug-pullers also know that during the bull run investors are highly interested in new projects, and that's why they launch their rug-pulls and take away money of the investors.
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I do not really think this is totally correct. If you are actively looking for presales and also checking the launchpad on exchanges, you will notice that there are many projects that launched not close to bitcoin halving at all. I can see many projects that were launched after 2020 halving as of today. What you can say is that projects launched during this time may increase in price very soon as opposite to those that were launched and first fall before rising. There are some projects like Pepe and some others that were even launched before halving and increased in price.
We can only identify that there are many new projects introduced in the recovery phase, usually 12 months before the Halving, and the growth phase, right after the Halving. This is the period when investors return to the market, market sentiment improves, shifts from fear to greed, and projects can easily raise capital and acquire users. Halving is just a milestone between these two phases and it is famous so it is often mentioned as the milestone for the start of the bullrun and new cycle.
Currently, the Halving has not yet taken place but we have many new projects in the market such as Arbitrum, Optimism, Sui, Sei, Manta, Base, Eigen, Arkham... I believe that after the Halving, many more new projects will appear in the altseason related to trends such as GameFi, SocialFi, DeFi, RWA...
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I have been around the crypto-space for not less than 3 years plus now and although most post I red over here and the other forum shows that most project or nearly new birth project list close to halving, and this year I have come to confirm it myself because the rate at which project are launched is too alarming.
I just have this feelings that either since bull is around the corner they wanna utilized the opportunity for their project to soar or they launched for the purpose of scamming people around since most people don't know the real project to invest during halving.
I could be wrong in my perspective..
Please I would love to know your own experience and why projects launched within the halving period if I am not mistakenly.
It sounds like you’ve really immersed yourself in the crypto world, and your observations about the timing of new project launches around halving events are quite interesting. It’s true that halving events, which reduce the rate at which new coins are generated, can create a lot of buzz and speculation in the market. This often leads to increased attention on cryptocurrencies in general.
From what I’ve seen, some projects may indeed time their launches to coincide with these periods of heightened interest to capitalize on the increased visibility. The optimism and speculation can drive initial investment, providing these projects with a potentially higher launch trajectory.
However, as you noted, there is a downside. The hype can also attract less scrupulous initiatives, which might aim to take advantage of less informed investors.
My personal take is always to approach new projects with a healthy dose of skepticism, especially those timed around significant events like halvings. Researching thoroughly, understanding the project’s fundamentals, and not getting carried away by the hype are crucial steps.
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that either since bull is around the corner they wanna utilized the opportunity for their project to soar or they launched for the purpose of scamming people
On the other hand, the scammers and rug-pullers also know that during the bull run investors are highly interested in new projects, and that's why they launch their rug-pulls and take away money of the investors.
At this point how will investor factor out the real project since they can't detects or factor out the real intension of project owners? Maybe it is one pertinent in the cryptocurrency space, that is why everyone must make research before venturing in any project because I know scamming people are always possible since those people who have the intension to scam would make their project looks so real to some point where investor could be deceived with their sweet lies and promises towards their project reaching some certain price levels.
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the team must be seeing their project will be noticed by the investors who are looking for more projects to invest. also those old investors who have been around long enough are aware that every halving the prices off even the scummiest token will still be bought and price goes up.
for them the timing will be perfect for launch and the its also a good time to scam after the bull run. and they know that when bear market comes which will last most off the time in 2 years, there will be no development to those projects and eventually the dev abandons it.
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Please I would love to know your own experience and why projects launched within the halving period if I am not mistakenly.
You are right, because I also have seen my projects coming like water and some of them are not giving good returns. For example, Blockgames is a gaming project many people including me farmed it on twitter expected to make a good return, although we did not invest funds but many people did. As they bought their dice, some bought views on Twitter for hundreds of dollars. Some invested in presale etc. etc.
In the end project did not give them what were they expecting. Because it made sudden changes in the policy which it did not share before, as they should have given the community an announcement before the TGE. I am not against the project just used it as an example. There are many more in the industry but some of them are easily noticeable. But when good and reputed projects do something like that its so hard to recover from that shock.
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I don't really know for sure if most projects launch very close to BTC halving, but if it is true, then it is because of there is so much hype around crypto projects during that time. BTC price usually pumps after the halving, and since many altcoins follow BTC's movement, they also rise, so maybe launching projects close to the halving can help it to join in the hype and make the price to pump.
However, that can only be a short term thing, hype is not enough and a project that is not useful is going to dump very fast.
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What you have said is nothing different from the truth. During this period lots of funny things happens. You will see lots of funny projects as well launching because it is near bull run and wants to utilise the bull run opportunity to make some cool cash from their products. Currently lot's of projects are launching and the space Is filled and nobody can be able to tell which is real and which is fake. These are just the numerous confusion during bull run and it makes the.newbies who fall victim of such scams see and talk ill about crypto.
Projects launching during this period is a nice one because the timing would impart positively on their project and investors should be very careful on projects they engage with. Proper verification on projects should be done before investing so that no one would be a victim of scammers.
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Those are actually hyper coins which gains their market influences during when Bitcoin price increases because the developers knows that Investors would be ready to invest their funds with the excitements Bitcoin has already stipulated in the market.
So, the new project Coins actually sneaks In with their methodology of hyping as long Bitcoin is also rising but once Bitcoin befalls, investors began to pull back from every other coins due to the fact that hat Bitcoin leads while other coins follows based on the investors mentality and it is just of such doing that Bitcoin has Influential roles over those new projects.
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At this point how will investor factor out the real project since they can't detects or factor out the real intension of project owners?
It's quite hard to find real projects these days, most of the investors take risks when they invest their money in the new projects. If their risk go well then they end up making 10x to 100x profits from a coin/token. However, if they risk their money on wrong projects/rug-pulls then they lose that money.
Most of the big investors divide their capital by 100 and put 1/100th on each good project. Even if two of those projects went well and reach 50x or 100x then they recover their initial capital and allow the rest of the projects to grow or take profit at anytime.
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The biggest reason is clear, taking advantage of the BTC halving moment and also taking advantage of market sentiment where many people are interested in making money through this four-year cycle. Many assume it will be bullish, so purchasing cryptocurrency before the halving will bring profits after the halving occurs.
Even though it's just a prediction, there are still many people who believe in the new ATH on each cryptocurrency asset, so raising funds for a new project for now is the right thing for them.
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~snip~
Please I would love to know your own experience and why projects launched within the halving period if I am not mistakenly.
As you yourself concluded, this period is obviously the best for making big profits, and everyone wants to ride the BTC halving wave. Do you think it's a coincidence that after years of waiting spot BTC ETFs were approved in the US right in the year of the halving? There are very few coincidences, and when it comes to profit, I believe there are none at all - everything is well planned and thought out and executed at the best moment.
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The biggest reason is clear, taking advantage of the BTC halving moment and also taking advantage of market sentiment where many people are interested in making money through this four-year cycle. Many assume it will be bullish, so purchasing cryptocurrency before the halving will bring profits after the halving occurs.
Even though it's just a prediction, there are still many people who believe in the new ATH on each cryptocurrency asset, so raising funds for a new project for now is the right thing for them.
Taking advantage of the halving is indeed very good because the price has increased a lot and a new ATH has occurred for all existing cryptocurrency coins and from the influence of the increase in Bitcoin prices. But for now it seems like market conditions are collapsing, after the bad news about dollar inflation has also caused a very drastic decline in the price of bitcoin on the market.
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Re: Why did most project launched close to halving?
Because of what's happening with the market a few months after the halving.
They can launch a project a few months after the halving so they can ride on the rise of the market because we might the market entering the bull run a few weeks to months after the halving event. I think in order for them to ride with the market, they need a solid community to build, and I think the reason why they are launching close to the halving event is to give them some time to build a community. We know how important having a community is in a project. Having a huge community can help increase the price of a token.
History, price movement, bull market. That's the reason why. :)
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I don't know about any amount of big projects to be launched anytime soon.
Most projects are already established and for new projects, it is really hard to score points because we already have so much existing projects.
Can you enlighten us, which projects are starting to be launched, OP?
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I don't really know for sure if most projects launch very close to BTC halving, but if it is true, then it is because of there is so much hype around crypto projects during that time. BTC price usually pumps after the halving, and since many altcoins follow BTC's movement, they also rise, so maybe launching projects close to the halving can help it to join in the hype and make the price to pump.
However, that can only be a short term thing, hype is not enough and a project that is not useful is going to dump very fast.
That is why, before investing your money in a project, they advise you to study it, no matter how trivial it may sound. Personally, I do not study new projects very deeply before investing, I just look at which funds have decided to support this project and occasionally look at who is following it on Twitter .This information is enough for me to make a decision
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When cryptocurrencies, especially Bitcoin, hit a new all-time high, the number of new projects in the crypto space increased exponentially. There are many projects that are created just to cheat. Those who are scammers and ordinary crypto users know that the number of investors in halving in the crypto space grows exponentially. At this time, if any new project is launched in the market, some investors jump on that project. They rather lose all their money with the intention of making extra profit. Since the price of all coins, including Halving and Bitcoin, has increased significantly during this time, there are many investors who try to bring new projects.
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That is why, before investing your money in a project, they advise you to study it, no matter how trivial it may sound. Personally, I do not study new projects very deeply before investing, I just look at which funds have decided to support this project and occasionally look at who is following it on Twitter .This information is enough for me to make a decision
It is easy to tell people to study new projects and altcoins, but how do you study new projects, so many of them are copy and paste of projects that have failed before, either with plagiarized whitepaper and fake promises too. New projects are simply gambling, the chances of you losing money in them is high and no matter how much studying you do, you cannot know which of them is gonna be legitimate.
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I just have this feelings that either since bull is around the corner they wanna utilized the opportunity for their project to soar or they launched for the purpose of scamming people around since most people don't know the real project to invest during halving.
I could be wrong in my perspective..
Please I would love to know your own experience and why projects launched within the halving period if I am not mistakenly.
I became fully dedicated to the crypto space in 2019, and since then, I have only experienced the halving of 2020. I am aware that so many altcoin projects were launched during the period of that last halving. Also, this is not the first time that I am reading this kind of information; many people have confirmed that so many projects launched their coins during the halving period, and I assume that such a strategy is to get their coins to become influenced by Bitcoin halving and price pumping. Even during halving, so many scammers also come up with different fake projects.
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Why did most project launched close to halving?
Maybe, I will have to give the simplest answer. They launch close to halving so that their projects will not experience the ugly bear market. By this, scam projects will also strife with the wave of bull.
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Why did most project launched close to halving?
because they take advantage of the prevailing market conditions. If they launch a project when the market is cold, they will not get anything to develop the project further, and can even kill the project they created earlier.
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I have been around the crypto-space for not less than 3 years plus now and although most post I red over here and the other forum shows that most project or nearly new birth project list close to halving, and this year I have come to confirm it myself because the rate at which project are launched is too alarming.
I just have this feelings that either since bull is around the corner they wanna utilized the opportunity for their project to soar or they launched for the purpose of scamming people around since most people don't know the real project to invest during halving.
I could be wrong in my perspective..
Please I would love to know your own experience and why projects launched within the halving period if I am not mistakenly.
There are different reasons why most projects are being launched before the halving event. I think these are the reasons why,
The first thing is, that more people are coming to start investing again in crypto. The demand is increasing as more people make their way with the sole reason of making a profit. These people are looking for a trend that they think is profitable to invest in just like in this bull run, Examples that become the trend are the meme coins and some other trend.
The second thing is, that those investors may be blinded by a lot of profitable investments that may become the reason why there are even scam projects trying to blend in with those legitimate projects. The intention is to take advantage of the people who are looking for projects they can invest in.
And any more other reason. Think of it as a season where a lot of money is circulating which is seen as an opportunity especially for project owners to finally start their project.
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Most projects are already established and for new projects, it is really hard to score points because we already have so much existing projects.
Can you enlighten us, which projects are starting to be launched, OP?
If you have Twitter, try to search for anything related to airdrop farming and you'll see many new projects pop out in the last few months or so. Some are not new, but the number of new projects trying to ride on the RWA or AI train is massive. I had more or less the same experience on the last bull run although we were using different narratives at that time. I still remember my first time on crypto where I got so many new airdrops near the peak of the bull run/shortly after halving. I think this is just a cycle that everybody knows at this point. The sad thing is so many new projects and scammers also pop-out at the same time, and newbies can easily fall into their tricks just like I did when I was a noob. It is hard to educate them properly if they never look into it on their own.
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I would not say that there are many new projects that launched close to halving, I would rather stick to idea that projects appear on an uptrend market. Limiting it with halving makes no sense, because after it, new projects will still pop up frequently. But why more of them appear during uptrend than during downtrend? Answer is simple, big money can attract other big money. Some of new projects are scam and try to hide among real ones. Some hope to get attention while investors rush to share their money. On the other hand, when else should projects be launched? When market is red or during stagnation? Brave move, but silly.
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Some people do have a considerable target on the halving in making their investment, some other businesses will also target this same period to launch their proposed business because they believe such could help them get the required features and targets as many seems to appear being profitable during this period, while some may also just consider this same time as their interest making period because their targets are also making profits from the bull season and it will be easy for them to make a patronage on what they offer.
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I have been around the crypto-space for not less than 3 years plus now and although most post I red over here and the other forum shows that most project or nearly new birth project list close to halving, and this year I have come to confirm it myself because the rate at which project are launched is too alarming.
I just have this feelings that either since bull is around the corner they wanna utilized the opportunity for their project to soar or they launched for the purpose of scamming people around since most people don't know the real project to invest during halving.
I could be wrong in my perspective..
Please I would love to know your own experience and why projects launched within the halving period if I am not mistakenly.
We do know that once halving is near then you could really expect that hype for bull market or increasing in price is really that the main thing that the community would be having.
This is where those scammer devs would really be taking up the opportunity for them to drive with the hype and would really be victimizing those newbies around who had been searching for some gems but actually even on a normal day even not on halving period or event on which new projects do launches out specially on meme, if you wont really be that making
yourself that careful then you are bound on getting scammed. So better be careful.
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That is why, before investing your money in a project, they advise you to study it, no matter how trivial it may sound. Personally, I do not study new projects very deeply before investing, I just look at which funds have decided to support this project and occasionally look at who is following it on Twitter .This information is enough for me to make a decision
It is easy to tell people to study new projects and altcoins, but how do you study new projects, so many of them are copy and paste of projects that have failed before, either with plagiarized whitepaper and fake promises too. New projects are simply gambling, the chances of you losing money in them is high and no matter how much studying you do, you cannot know which of them is gonna be legitimate.
Are you serious now? Have you read what I wrote? I described my algorithm of actions verbatim. How I study a project, I’ll tell you more, most follow the same pattern.And if you’re really afraid to invest in staking, then nothing prevents you from investing in projects that give out their tokens for increasing volumes on their resources, there you definitely won’t lose yours, you’ll only spend a couple of bucks on paying commissions.
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I have been around the crypto-space for not less than 3 years plus now and although most post I red over here and the other forum shows that most project or nearly new birth project list close to halving, and this year I have come to confirm it myself because the rate at which project are launched is too alarming.
I just have this feelings that either since bull is around the corner they wanna utilized the opportunity for their project to soar or they launched for the purpose of scamming people around since most people don't know the real project to invest during halving.
I could be wrong in my perspective..
Please I would love to know your own experience and why projects launched within the halving period if I am not mistakenly.
We do know that once halving is near then you could really expect that hype for bull market or increasing in price is really that the main thing that the community would be having.
This is where those scammer devs would really be taking up the opportunity for them to drive with the hype and would really be victimizing those newbies around who had been searching for some gems but actually even on a normal day even not on halving period or event on which new projects do launches out specially on meme, if you wont really be that making
yourself that careful then you are bound on getting scammed. So better be careful.
What you are referring is directly pointing at those newbie who doesn't know what coin to invest order than just go into any random coin/token they picked online to make investment that would give them 10x above, according to how they projected it. Market hype can never ceased inasmuch, halving is close they would always want to victimized those who aren't enthusiastic in making findings and research on whatever coin/token they wanna invest, most of them are easily carried away by the market trends and hypes coming across from most famous youtube influencers.
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The bitcoin halving brings good tidings to the world of crypto at large, this is because Bitcoin is the father of all cryptos and Bitcoin leads the way, whatever trend Bitcoin takes, most crypto tokens mostly follows the same trend.
Since it's speculated and predicted, drawing data from past performances, that Bitcoin price will experience a bullish trend, project owners wants to take advantage of that opportunity to join the moving train and tag along Bitcoin's performance.