According to past trends, the altcoin season should have already started. Unfortunately, we are facing that animal Trump! The global finance has been turned upside down by him, and everything is falling; BTC is certainly not going to escape the fate of decline. Brother 480,000 thinks that the stock market circuit breaker and the Federal Reserve starting to rescue the market are signals that we have hit the bottom. As for when the market will be rescued, we will have to wait, which could be a few weeks or a few months. To cope with all possible situations ahead, Brother 480,000 has made the following strategic adjustments.
Three weeks ago, I already converted part of my position into 18 BNB to participate in TGE, so that I can have cash flow for bottom fishing every month. In the worst-case scenario, even if it is a bear market, 18 BNB can allow Brother 480,000 to turn things around. I will keep these 18 BNB to participate in IDO, which is equivalent to buying low market cap altcoins at a low cost every month.
Today, I have adjusted my positions from 70 types of altcoins to 50 types, clearing out all those with a market value exceeding 100 million USD. I have freed up 1/5 of my position in USDT, waiting for the stock market circuit breaker to enter and bottom fish.
Currently, the overall funds have dropped by 73%. To be honest, there is no point in liquidating anymore; I can only hold on. I believe the altcoin season will definitely come in the second half of the year! The darkness before dawn, we are really close to the bottom this time, as most altcoins' circulating market value has already fallen below 50 million USD, with many around 20 million. This is comparable to the market value of altcoins before the bull market started in 2021. Now we just need one last drop.
