Personally, I think that most of the altcoins have already completed de-bubbling. If you have spare money, you can gradually build a position. After all, the much-anticipated mid-term bull market has not yet arrived, and there is not much point in worrying about the current ups and downs.
This flash crash is just an insignificant noise to the subsequent bull market. There is no need to cause unnecessary worry and panic!
If you are still optimistic about a certain coin, but it was difficult to buy it because it had risen too much and the price was too high, then you might as well check now to see if the price is low enough or has reached the price you want.
Whether it is emerging tracks such as AI, DePin, RWA or traditional tracks such as DeFi, public chain, L2, etc., there are too many high-quality coins, and perhaps they are accumulating strength.
We will not discuss whether the vision behind each project can really be realized, but just say that the tracks they are on are hot narratives in the bull market. Since they are hot topics, as long as there are no major problems with the project team itself, they will continue to be hyped and sought after in the upcoming bull market. Since they are sought after and hyped, the price of the currency will never stop here.
So don’t waste every opportunity to build a position when the market falls.
Of course, if you are already in the car, even if the entry point is high, it doesn’t matter if you are trapped in the short term. After all, being trapped is better than missing out. I may be trapped, and you may miss out. Who is worse off?
In a bull market, you should maintain basic rationality, not borrow money, not use leverage, be bolder, and act when it is time to do so, so as to justify the suffering and torment you endure in a bear market.
Finally, I would like to make it clear that the copycats I am talking about are not the local dogs on various chains, but the projects that have endorsements and narratives, but the current market value is relatively low, such as STRK, CKB, ONDO, WLD, etc.
