Currently, for most altcoins, this level of increase can be said to be no increase at all!
So, every pullback is a good opportunity to go long on altcoins. There is no need to worry about whether there will be a significant sell-off. The probability of altcoins breaking below the April 7 low is only 10%.
Next time there is a drop, I won’t post on social media anymore; there’s no need to post every time there’s a drop. A slight pullback is normal; funds rotating into other altcoins will cause a pullback, which is a common trading tactic.
Be patient; altcoins will not disappoint anyone.
Once again, I quote what was said at the bottom: "Don’t tell me there’s no altcoin season, and don’t tell me there’s no liquidity; that’s all nonsense."
Based on the current situation of altcoins, unless there is an increase of at least 30%-50%, I will not sell a single coin; I would rather get liquidated! I don’t care about the money; I’ll give it all to the market makers. (All my spot positions are leveraged at 1.5 times.)
But don’t follow my example; I am willing to pay for my own understanding.
After trading coins for 10 years, most people say I am foolish and don’t understand. In fact, in this circle, there are thousands of ways to get rich, whether it’s through meme coins or high-leverage contracts. However, for ordinary people, there is only one way: “Do proper capital management and then hold coins.”
Even if you hold for 1, 2, or 3 years, if you manage your funds well, with a continuous influx of money to lower your average cost, you only need one opportunity, and all your efforts will bring you double returns.
"Everyone laughs at my madness; I laugh at those who cannot see through it." Strictly speaking, I started in 2016, and I am still in the game. I have seen too much; this round’s difficulty is the hardest compared to the past two bull and bear cycles. However, I believe the outcome will not change.
"Do not forget your original intention, so you can persevere."
Let me share a life motto from my space when I first accumulated Ethereum and made my first bucket of gold: Ethereum bought for 300 RMB. In 2 months, it soared to 1800. Many people say it was a good era, but I dare say if you were placed in that era now, you wouldn’t earn a single penny! Because at that time, it was common to see drops of 30% in a day, and collective crashes of 90% during 9-4 liquidation! It was a drop of 90% in one day. Then came the real surge!
I have no need to say so much; it offers me no benefit.
I just hope that everyone who believes in me is on a path with a future, rather than losing money without understanding and then leaving the circle! #加密市场回调