After one round of bull and bear markets, only less than one-third of people are profitable, and the reason most people lose money is due to holding too many altcoins. Especially in this round, altcoins are no longer as easy to profit from as in the previous round; old investors have ingrained thinking, while new investors encounter a fully powered big boss right away.
The massive crash a week ago has already caused losses for those heavily invested in altcoins. Here are some operational ideas:
1️⃣ Altcoin bottoms, spring will come: But not all altcoins will welcome spring; selection is key. Recommended: SOL, RNDR, Pendle, ENA. No more than five altcoins, focus on high odds.
2️⃣ Altcoins do not rise universally: In the current late stage of the bull market, many altcoins have returned to bear market positions. Currently, altcoins usually experience several times of increase followed by halving, with multiple rounds of harvesting; do not get lost in it. Operate in sync with the main cryptocurrency's upward trend, controlling positions and cycles.
3️⃣ Play with altcoins, but do not get obsessed: It’s fine to play with altcoins, but don’t play with all of them; not playing is also not an option. Maintain balance, like a sea king, do only what you love, learn to let go, and loving yourself is the most important.
4️⃣ Manage your positions well and cultivate your mindset: For the next round, stay calm, be prepared, and wish everyone successful investments! 🚀
