"There will be no more Alt-season... Alta will never grow again... Everything is lost..."
These are the thoughts of cryptocurrency traders who have not gone through the previous cycles. In just three months, the mood has changed from euphoria to maximum apathy from the very phrase "cryptocurrency market". Most portfolios are in drawdowns. Those who came here to quickly cut down X's - faced with the reality that shows that not everything can always go according to plan.
Many have already been washed away. Those who tried to buy off the bottom with shoulders. Those who collected a high-risk portfolio with trending coins in pursuit of a quick result. And those who have not yet been washed away will fly out on the next rebound.
But it is important to remember the following. The cryptocurrency market is attractive due to its volatility. And volatility is present in both directions. If you want to take, for example, 5 x's (I'm taking a fairly conservative result), then why don't you agree to wait out a 50-60-70% drawdown? After all, 500% is many times more. The risk/reward ratio is more than acceptable. And I'm not even talking about the potential of tens of x's.
I believe that you are friends with common sense and did not try to buy back the bottom with leverage (I warned about this many times), but keep your positions on the spot. In this case, I would not worry globally. The cycle will change, the charts will turn around, and you will remember today's state with a smile. Is there a risk that everything will go down the drain? Of course, there is always a risk. But the probability is on our side.
I am as tired of this sickening market as you are, I experience the same emotions. I just try to make sure that they do not affect decision-making. So, tail up, and we believe in a bright future. Or, in the worst case, we will simply lose money 😂