Mindset is your biggest enemy in this bull market. The crypto world is a battlefield; if you can endure, you will stand out; if you cannot endure, you will exit.

Crypto World News reports:

At this stage, the best operational strategy for altcoins in the crypto world! Regarding the current situation of BTC and ETH, most retail investors or experienced players know that the current market has not stopped falling; the current trend is still in a downward channel, and the situation for altcoins is even more difficult to describe! The liquidity of altcoins is also very poor, with many tokens being unlocked and under selling pressure. So what should we do now? Brother Chong gives everyone the following suggestions!

1. If you are a short-term player and have USDT on hand!

For the first type of operation, you can make a light investment in two layers to trade in waves, choosing major public chains or some phenomenal meme coins like DOGE and SHIB, or other quality coins you recognize! Just take the profits and run, or keep your USDT! Only do short-term trades! For the second type of operation, you can continue to observe, waiting for Ethereum and BTC to stabilize. When Bitcoin stands firm above 65,000 and altcoins have seen some increases, then you can make a trend-following trade, seeking stability (although the current prices of altcoins are low, the market has not stabilized, and there is still a certain level of risk!). 2. If you are a long-term player and your holdings are fully trapped! Or if you are a long-term player with half of your investment still in, there are still some situations to consider! Let's talk about the first type: If you have already fully invested and are trapped, just return to your life and don’t overthink the short-term fluctuations; enjoy life. Never let your losses pile up and start trading contracts; once you open the hell gate of contracts, your crypto career is basically over! Just patiently wait; Brother Chong is with you!

Now let's talk about the second type: If you are a long-term player and have USDT on hand, you can send your holdings to Xiaowan to take a look, and I can help you reasonably plan your positions and adjust your trading strategy for the future! Overall, the mentality of long-term players is definitely stronger; the crypto world is a battlefield; if you can endure, you will stand out; if you cannot endure, you will exit!

Recently, I have received many private messages, with people entangled in when the altcoin season will come and whether there will be a big bull market ahead!

Actually, Xiaowan can understand your entanglements! Many people are currently holding onto altcoins, with most being trapped or in a state of significant losses!

Every time there is a drop or even a slight fluctuation in ETH and BTC, retail investors start looking for negative news to explain the drop! Will it drop again? In fact, the market has already played out; what’s the use? It has dropped, so what? We should be brave and face it; if it drops and we are trapped, we just need to find a way to earn it back, not get entangled!

Currently, all coins are dropping, with only a few strong altcoins. When ETH and BTC are about to shake out, no one can escape! There is no need to be entangled in changing holdings; retail investors cannot find good targets, merely cutting a losing position and switching to another dropping coin!

In the crypto world, our spot trading is not just for a day or two, nor for a month or two; it emphasizes a long cycle. If you think there is still a bull market, then all coins are opportunities right now! If you think the bear market has arrived, then go short! No need to get tangled up! Xiaowan often says to look forward to the future market; she is looking at the future of the crypto world. This is also why she keeps saying not to trade contracts, just play with spot trading, because the fear is that you are trapped in altcoins and anxious to break even! If you cut losses and play contracts, you will only risk liquidation! Recognize reality! Being complacent will only accelerate your exit from the market; it won’t help you break even! Also, remember to look forward to the market; the bull market has not gone far, and the fear is that you will leave first!