I am an altcoin holder. Not a swing trader, not a whale, and not a believer in technical analysis. I am simply someone who once had faith in the bright future of small and 'promising' coins.
But then, every morning when I open my eyes, the first thing I do is not brush my teeth, but… check the price of BTC. Because I know that no matter how beautiful the roadmap of the altcoin I hold is, how passionate the dev team is, or how lively the community is… everything will still suffocate, living to the heartbeat of BTC.
There are times when BTC stands still like a statue, I tell myself: 'Now is the time for alt to fly.' But the reality is I fly first – my account crashes. I open the app to look at the chart of the altcoin I'm holding, and I see no patterns at all… just the pattern of 'plummeting into despair, resurrecting hopelessly.'
I once believed in the RSI index, in bullish divergence, in the crossing of EMA lines. I had expectations. But the actual chart looked like crap. I drew support lines, and the price broke through like paper. I set price alerts, and it only pinged once – then fell silent forever.
Current account?
– No need to look, I know it's like a refrigerator that isn't plugged in: Cold and useless.
I no longer call myself a holder, but a caretaker for the graves of coins that were once shilled.
Every time someone asks: 'Still holding?' – I can only smile wryly and reply:
"Holding, yes, but my heart is shattered now."
If BTC is the God of the market, then the altcoin I hold is like the outsiders abandoned in the storm.
But what can I do... I'm too deep in losses now.
Closing is painful. Holding is dreaming. Well then... let's leave it there. Who knows, maybe tomorrow I will wake up and my coin will come back – and I will... If not, I'm used to it. I'm a crypto person – living for hope, eating by faith.