Someone asked: With mainstream altcoins collectively underperforming, is it time to buy the dip?
⚠️ Remember: Bitcoin hasn't stabilized, any 'good news' for altcoins is just a smokescreen!
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🔍 How to determine the bottom?
This was also mentioned in a previous article 📃, let's briefly go over it here.
1️⃣ Market sentiment (most important!) — When everyone is in despair, the bottom is near.
2️⃣ Sharp drop + deep decline — A crash is easier to find the bottom than a gradual decline.
3️⃣ Has the bubble been fully squeezed out?
- Value = the price at which most people can't hold on and have to cut losses (leverage liquidation, psychological breakdown).
- It doesn't have to completely squeeze out the bubble, but it needs to consolidate sideways for a long time (monthly level).
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💰 How to find the best point to buy the dip?
✅ Sharp drop + emotional breakdown = best buying point.
✅ A decline of 30% or more is worth professional funds entering the market.
✅ Buy more as it drops? The premise is that you can withstand a floating loss of 10%-30%.
🚨 Summary:
- Bull market restart signal: When everyone thinks it's 'over', the opportunity comes.
- Don't guess the bottom or call the top, wait for the market to find its own way out.
💡 Earning coins in a bear market, making money in a bull market — now is the time to position yourself!
👉 Gather information: Do you think altcoins have hit the bottom?
