I want to add a spoonful of honey to this barrel of tar, where many beginner investors or traders ended up with a huge loss.
Let's break down a harmful piece of advice: ignore the chart and don't use technical analysis, you don't need it!
If you have a lot of money and such a drop, as it was a day ago is a trifle for you - then you can follow this advice and just hold the coins you already bought, buying more on the dip. (Oh, I already needed knowledge of technical analysis! Otherwise, how will you understand that there was a drop?)
I suggest a mini-list of altcoins whose charts, in my opinion, are least similar to the Bitcoin chart. #altcoins P.S. If anyone is skilled in fundamental analysis, please write why this is the case. $PAXG $STPT $QTUM
I read one post here, clearly haterish, about $BTC . The essence of the post is that Bitcoin is 'G'. And the complaint is that if $BTC rises, then altcoins do not rise with it. If Bitcoin falls, then everything falls (which is actually incorrect, as I have noted such coins for myself that have a chart different from the chart of $BTC ).
So why should Bitcoin take altcoins with it? Is it just one coin? As for altcoins - choose those that do not go along with it. Yes, you need to put in some effort and select such coins.
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