Bitcoin Forum

My altcoin portfolio was +83% on the 9th June but is now +51% just 9 days later.

I am buying some dips but mainly just holding during these times and hoping we recover in the coming weeks.

When will this crash stop? and how is everyone feeling?

I have it in my mind we still have a few more months till alt season so I am just holding on for now.

Was you meant to say something?

It's very good figures! Most of the users now have -50% and more, so you're lucky one!

I also have a huge dip, still positive ROI, but few months ago it was much more in $!

I'm just fed up with crypto investment. I'd have been better if I have kept some of it in USDT but I kept all of them in meme coins and now I have my portfolio decreased by half respective to USD. There was a general perspective that sooner or later crypto would keep on increasing and giving us profit. But the golden age of crypto seems to be ended. Though bitcoin and some coins recently achieved their new time high but it was not much different from the last time and the price momentum has failed to sustain. With too much uncertainity in economy and politics, I don't see the price going up anytime soon. I'd rather wait and look for another dip before buying them again.

He's not saying something. lol He just quoted you Verbatim  :)
We're all losing and feeling like I wanna panic and sell everything that's what I feel. It's not just altcoins dipping down if you haven't noticed. BTC above all is most likely the one that gets dumped the most and affects all altcoins.

We all wish to stop early but if this dump takes more dumping I may just stop when the price hits $44k. Then I guess the bull run will be in 2025 or not because it's already over?

Your portfolio is still +51% after the altcoin crash but my portfolio is -22%. Now think how I feel. At least you can take some comfort in thinking of me.
Those who are traders feel bad when altcoin crashes. But many take it as an opportunity and fill their altcoin bag. But I'm looking forward to the next altcoin season. Hope my portfolio will be positive.

I have 2 altcoins which have given me great profits over the last 3 or 4 months, without them I would not be as well off as I am now.

I just hope we don't go much lower as I thought I was done buying and to be honest I'm tired of it I just want alt season to come so i can finally cash out some profits.

Do not panic sell - if you cannot buy any more just hold and wait a few more months. I think once September comes the real bull run will begin for many months.

This isn't really a "crash", this is a correction. Crash was what happened in 2022, if you go and take a look back on what happened at 2022, or even 2018, then you will see what a crash looks like, this is more like it is something you could definitely consider as normal and corrections happens all the time.

We shouldn't judge the market on brief moment of drops, because those drops could recover in a week, and anything that can be recovered in a week is not a big deal to me. Just keep on buying and holding trustworthy good projects and when it recovers you are going to make a good return from it for sure, it is not going to be such a big major deal, we should not be really worried about it at all, it could be something nice.

Indeed, the crash and bloody decline that occurred in the altcoin market may cause people to panic sell. They may lose the opportunity to recover their losses and make profits once Bitcoin's dominance reverses and the Ethereum ETFs are listed. The delay in their listing caused market uncertainty. After Ethereum ETFs achieve significant inflows, the market rebounds and investor sentiment improves, which may lead to a market boom.

Although analysts mentioned some economic and other factors that caused this sharp dump, I agree that the decrease in interest in Bitcoin ETFs and its negative inflows have weakened altcoins, as Henrik Andersson mentioned. For me, this dump is an opportunity to buy more promising altcoins, as I am HODLing until the market rebounds, regardless of when it rises.

Stick with your strategy and if it’s already below your cut loss price, then better to sell it now or if its not on this level then you can still hold and have a hope that it didn’t hit your cut loss price. You have to be more cautious in investing with altcoins as they are also dependent with Bitcoin and right now, the market is not doing good but still the bullish trend can still happen this year, so let’s see if we will survive this drop so we can continue the up trend.

No one knows when the crash will stop, it's much better if you've sold it when you're up by almost 100%. But then, with missed opportunities, you're not able to sell them and that's why you have to bear the losses.

Even with losses, you're in paper loss from the actual profit that you should have. But then, these losses that you're having right now is just a minus from your actual profit.

And considering a loss, it's not a total loss from your actual holding because you're still in profit.

Altcoins follow Bitcoin fluctuations. So you can expect altcoins to start increasing in price once Bitcoin does. The problem is that Bitcoin is stucked between 65,000$ and 71,000$. Always it gains value, the market immediately crashes it to the 60,000$'s again.

However, I believe it's just temporary. Bitcoin just needs to break the resistance line at 72,000$ to reach new ATHs, and as consequence, your altcoins will too. So that is what you should be looking and waiting for!

Usually the last months of the year are more productive for crypto market during bullish seasons. From September or October on things may start looking more interesting for us...

lol - This isn't a crash, it's a fluctuation.   8)

I can't hold this crash buddy, about sell off my portfolio

Those investors who had invested in non-potential altcoins or used borrowed or emergency money to invest in altcoins are the ones to be very concerned about the steady decline of altcoin prices.

As for people like me, who had invested in bitcoin and other top altcoins had nothing to worry about our portfolio heading to a loss price for the time being. One thing that is certain that gives one courage is that the market will surely bounce back. When it does, our hearts will be filled with joy overflow. However, no cause for alarm thereof.

But to me, this should not be a means of discouragement for you now because you know how the crypto market works before you invest. You know that the market can dump at any time, so it is at your own risk before you invest, which we all know as long as you are an investor, so this should not be a problem for you as an investor. However, since you know that you want to save money, you would rather not invest it; rather, you keep it in USDT or your fiat currency and not put it in meme coins. However, the crypto market is so volatile that you should not expect much or profit anytime soon if you invest. The market is unpredictable. 

if its about bitcoin, probably its a bear trap, but market sentiment are so bad it actually worrisome at some point and it could affect altcoin heavily sometime 5% bitcoin dumps means 20% altcoin dumps, market sentiment heavily affected by bitcoin price movement  ::) the thing is people just so afraid of sudden dump, but overall if we judge condition realistically we will eventually know that we're still really high in term of price and it seems people's fear were unfounded at all.

https://i.postimg.cc/R0WFZ7jN/E2-Ceyb6-Vg-AE-Dby.png

but if we are talking about altcoin crash on the other hand which goes as low as more than 50% that widely affect majority of the L2s, LST and LRT well its indeed worrisome, maybe people are done overvaluing these coins, their use isn't exactly justifies the overly inflated valuation that they mostly have, 8 billions FDV for a coin thats literally just sidechain of ethereum with some additional feature just doesn't sit right, but regardless the big investors are still pouring in some money to these projects by the billions, what you should remember though at some point these investors gonna dump their bag sooner or later, probably they will dump immediately after vesting unlock.

so for now I personally avoid altcoin and just reposition my investment to bitcoin or ethereum, just risk management thing.

market dips will come in cycles. the gaps between these cycles and the length for each one varies heavily dependent on a lot of stuff so it is difficult to predict accurately when will it end.
i am guessing that it will end once bitcoin performs better the whole market is not at its highest right now and is not performing as many expected and that is why many are feeling more fud

once bitcoin rises up i have no doubt all the other altcoins will also follow suit

Losses and profits should be taken in good term. Bitcoin and other altcoin projects will dump heavily because we're in bear season and we know what it means. This is the prospect where most of these investors and traders trigger the sell button because they're scared of the market and having slim chances of the market will be unspecified. Holding and patience should be examined at this point in time because more challenges comes and we're here to face them.

Nope we don't know what will be the end point of this and you or other people need to relax if they are afraid for possible more dumps to come.

Remember that until you didn't sell all your holdings you still have a chance to recover. But if you decide to sell because you are more afraid for seeing the read candle sticks continues to fall down then I guess for that you are in total loss. That's why its important to consider always that invest only what you can afford to lose so that whatever happen on the market you can simply look at it and think other positive perspective.

Almost every crypto investor is feeling the heat my friend, and I must say that it is not looking good for some altcoins in my arsenal now, they are losing, while those that were bought at a very low level have dropped some sizable profits that are not comfortable truly. Had it been it was another asset class, I would have managed them better because I always know when the market is making a retracement or reversal. But the fact that we are still in the long-term bull run was why I left them with a high level of doubts though. I will continue to look at the situation, however, if the truly cryptocurrency stands true to its past, the true bearish season should start in 2025, this one is just a peripheral.

And yes, buying the dip could be a very good idea and will help you to make more money in the end. But we should pray that everything works fine, otherwise, it will be an issue. Also, the chart is the best to tell us when this selling will stop, and when the time comes, we will all know just like now (bullish time). As for the altcoin season, I hope such a thing still exists in the crypto world, things are changing, and I hope it doesn't include that.

Altcoins have mostly been riding Bitcoin’s coattails in the bull market. It is good that many of them are falling harder because they were overpriced to begin with. Coins that have some utility did not suffer as badly in recent days. The market is actually behaving rationally, and the bubble is bursting for a lot of the memecoins and some other garbage tokens.

We are all waiting for altcoin season. But the opposite situation is seen in the market. Many thought that Bitcoin would hit $100k this time and that altcoins would also get a huge pump. As a result, many people bought altcoins at a slightly higher price. But the market is still not seeing the expected pump of altcoin, instead altcoin is crashing. It's really sad. Already many portfolios have gone negative. Everyone is now holding coins in anticipation of altcoin season.

One of the biggest things that I have learnt about cryptocurrency is that it is not investments and trading for jobless people because when price dips, you need to wait for price to pump favorably before selling you coin or token, if not you can be tempted to sale at a lose and use the money for other needs. When there is price dip in Bitcoin and altcoins, holders needs to wait for price correction before they will start to see price surge. That is why everybody that wants to buy any cryptocurrency needs to carry out research about the project before buying, to be sure that it is not a scam, so that they can wait for the price to pump before selling. This is a good time to buy altcoins now that their prices are in dip before the alt season will start.

I am just buying the dips and holding - I think we have another few months and then then last 3 or 4 months of 2024 will be great for crypto again.

Yeah, he was still up even though his profits got lowered down. I think the lesson here is not to be greedy and cashed out the profit that we have made already if it's already good enough. Over 80% of profits is an example of it.

I wonder what he was still waiting for? Maybe for it to be 100% or more? Dang. Traders are more prone to volatilities, so if there is one here who can feel bad about the crash, then that would be the investors but like you said, instead of feeling bad, why can't they just look at the bright side and see this as a window of opportunity to buy coins cheaply, right? We aren't done with this current alt season that we have now, so don't be hasty mate :).

I am waiting for the main part of the bull run which will come end of this year / early next year.

I don’t want to be clever trying to time the market it is easy to say I should have sold and then buy back in lower but no one knows when is best to do that.

I want 1000% return not 80% which I why I will continue holding until I have that 1000% return and that will come in the peak of the bull run over the next 6 months or so.

You are a lucky man. You are blessed with cryptocurrency. Before investing in each altcoin, you must do your research. It is not advisable to invest in any altcoin with too much enthusiasm because of profit. Because once the portfolio is negative, it will be necessary to wait for a long time until the next altcoin season.

We haven't even hit alt season yet and I feel I am ready for it, have been buying my altcoins for a while now and I am ready to hold and take profits over the next 6 months or so.

No one can accurately tell you when the crash is going to stop, but since we are still in the bull season, I believe that most investors are still expecting the peak of the bull to happen next year, and by then every altcoin that is meant to pump will definitely pump, but not every altcoin that will pump. If you are lucky to have your investment among the coins or tokens that will pump, then you will surely make your profit back. Since you are still holding your coins, you have not lost anything unless you sell them cheaply. Since the price of Bitcoin went from $72k to $64k, it also affected other tokens.

It's nothing new and happens quite often.
In fact, once my portfolio was -10% or even more. And if we look at recent market conditions, we can understand why our portfolio has become very volatile. Yes, because the market can very easily experience an up-trend and then crash again. And this back and forth happens and is normal. So yes, it depends on how we respond to it. Here, we really need to think about how to prevent our portfolio from dropping that drastically.

Yes, one of them is understanding what coins we should invest in. because usually when we buy altcoins that are previously due to hype, then the possibility of them suddenly dropping very significantly is very big. This is the risk. However, if we take more top coins, the risk of the drop is still there, but it's not as big as the hype coins. So, this will also depend on our decision to invest in what coin.

Yes, we just have to be patient and wait for our portfolio to return to the top again.

To be fair as long as we are in profit, we shouldn't really worry about it all that much, we should consider this as very normal and not really make a big deal out of it. There will always be small drops here and there, the market has to have drops so that it could have increases as well, without that drop, increase can't sustain forever and it would hurt the market.

We are seeing the drop right now, that means that next up will be the increase and we should probably consider that as the best timing to invest. If you invest right now, then you are going to make a good return, a lot of people miss that chance and I would say that it is not going to end up being something too crazy, we should just learn to be able to wait for it.

This is just regular correction but what make me regret is i start my trading bot at high price even knowing from chart that it can go down. Hopefully no longer than half a month market will recover to the point that my bot is in profit

From what I've seen in your posts, I can see that you are holding a variety of good altcoins. My portfolio, which was up above 100%, has recently gone below 10%. Meanwhile, I see memecoin holders having huge gains.
As for when the crash will stop, I think no one can predict this, but I'm sure that when the bull market commences, there won't be any crash. Even dead coins will wake up and try to regain their former levels by then.

I don't think it's that bad yet? Sure, I'm down in the red but it's only by a few %. Probably 10% at most at this point and imo, that's pretty small. Especially if you consider how most of the alts I had was at least 6 months before, so I'm pretty sure I'm still in profit in general.

I'd say I agree with others, just a correction. Similar to how I'm viewing BTC right now. I get that a lot of people are down because they were expecting a boom or something but it never was supposed to do so imo, at least in the past few months, and maybe a couple more. Fully expect it to happen by start of next year really, if it does happen. And it's not even down that badly, similar to how most markets are (at least ones that I'm in).

Well yes my crypto portfolio did lose alot of funds now with this altcoin crash. But we can also say it is not just a alt coin crash but Bitcoin crash also.
But I do think it is more like a correction then a crash like you called it. We did not lose so much in this correction. I did not lose so much like you 83% to 51%.
But all crypto investors we just need to still hodl. I do think there is going to be big profits this year and then in year 2025. We will all gain big profits so do not sell your coins now.

I think we will see the true Alt season when the wars in Israel and Ukraine come to an end plus Trump being re-elected

Did you overtrade for your portfolios? Why didn't you sell them all at the peak? 


Instead of buying on a downturn, why not short the market?

The market seems doubtful to recover in the next weeks for me. Though I do not rule out the possibility of a recovery, simply look at the bitcoin chart to see that the market takes months to recover. 

To be honest, nobody knows when the crash will stop; hence, if I knew when the market would stop, I would jump in or even sell my car to get cryptocurrencies. 

Although market collapses are not unusual in the bitcoin sector, I really think that everyone who did not sell at high regrets their decisions. 

If you are talking about future trading then I would not recommend it and hence you also mention that nobody knows when it will crash. Doing DCA is suggested for people who don't know how to read and analyze the chart.

Also, you will also know through volume if there is just fake pump or dump and when to ride it.

No one knows when the peak is , when i was +83% it could have gone even higher. I don't try and time the market as that is how things get complicated and you get wrecked.

The market continues to fall and I am currently +48% overall now. It could be a lot worse, I hear many who are currently down on their portfolio.

Hopefully we have a few more weeks or a month or so of this down and sideways action before we can start going up again - when we pump my portfolio grows very quickly.

People do not really care about the crash in a "feeling" manner but more about curiosity instead. Because we are aware that there will always be super high peaks and super low crashes, we could go down 90% and we could go up 20x, those are all possible outcomes. This is why I think it is clear that we are going to face some trouble, and we should realize how easy or difficult it could be.

Emotions do not have any place in this, sure some people do go with their emotions and feelings, but those people end up losing a lot of money. We should instead consider how it would make a lot more sense if we could end up with zero emotions, and just realize when it's down, then it means it will go up eventually and we should hold tight until it does.

I hope that you bought some good altcoins, if not then the only thing I can say is that you will face very difficult circumstances, as when a new altcoin has to go through adverse market conditions, it is unlikely that it will be able to survive, and this is because it is during that period in which it is the most vulnerable, and at the same time, if an altcoin fails to gain the support of the community during that time, then after a few months many competitors will appear, which will steal the spotlight and will not allow it to grow anymore.

Honestly, this altcoin crash has people feeling all sorts of emotions. A lot of folks are really anxious and frustrated seeing their investments tank. Only Long-term holders are a bit more optimistic, thinking this could be a good buying opportunity ,Pretty sure the  newer investors are pretty regretful by now. I too wish i had sold at least 50% of my altcoins before now cause the market isn't ready to stop tanking down anytime soon .

If you still maintain a 50% profit after the collapse of altcoins, you are in really good shape. The majority of investors did not make it, as is the case with most declines.

I can clearly say that I am at a loss, and I am not surprised by this, but even though it may not be the bottom, altcoins are at the bottom, so I am not worried and I am waiting for the moment to come. The market is like that, it really puts a strain on people's psychology, and it's not easy to endure these devastations.

An investor must have a good knowledge of the market before investing. All the altcoins are losing their prices in a big way in the current state of the market. Those who invest in altcoins despite this situation will surely lose. But those who have already invested have to wait for this period. The market will not always remain in the same position, if it is bearish now it will be bullish again later. This is the religion of trading platforms. Those who have already made investment decisions can wait for a few more days. The market will turn again at any time. All altcoins can regain their strength if the Bitcoin price moves upwards from this position. Those who are interested in investing from this dip can invest and hold. Risks must be taken in the crypto market. However, it is important to analyze the market well before investing.

To be honest, currently I have experienced a loss of around 50% of my altcoins. This is very painful and stresses me out. I had to cut losses several times because I needed the money for something urgent. I have invested with cold money but I can't hold it for a few months. I put my money in altcoins around February and you know that currently the price of altcoins has experienced a significant decline since last May.

Just woke up and see the markets have fallen further and my portfolio is now +42%.

I continue to hold and not panic yet but must admit have been getting feelings of depression lately but surely market will bounce back soon as we have been going down for over a month now.

Man, good thing i've reallocated most of my portfolio from shitty altcoins to at least the better altcoin (ethereum), the ETF really does give strength to ETH making it among the strongest altcoin withstanding current waves of price correction.

can you imagine had I still not reallocated my asset, i would've been -60% probably which could erase my profit i make from the beginning of the bullrun all the way to today.

pretty scary landscapes in the altcoin market, some even so sure that altcoins facing bearish season due to many projects getting undervalued.

the benefit of sticking to etheruem and bitcoin is like this, more resilient toward market correction, even if it dumps it doesn't dump too much compare it with TIA for example, losing 50% with just slight market cough.

Dont be scared that is what the big boys want they are trying to make the average person panic sell.

I am +42% currently, could be +32% this time next week but in a month I could be close to +100% again.

We just have to get through the next month or two and then last 4 months of the year we will be rewarded.

None of us knew for sure that this crash was coming - if we did then we would all be millionaires as we would be able to time the market, but we cant.

All we can do now is hold strong for the next month or so and buy any dips we can afford.

Good times will be back again probably August/ September time.

Hear, hear.
Although it's always hard to tell if people are newbs in the scene because new accounts, i am guessing JamesDaniel90 is new and this is OP's first real crash, so it's subjective to his bags.

But JamesDaniel90... You might want to scale back the charts to see how much people have been losing on crashes and why we are calling these dips. People who wouldn't be looking their bags weekly wouldn't even notice this. If you believe in your bags, forget them and look back when some lesser known high cap altcoins trend on your local news feed, newly rich are interviewed and "experts" say that blockchain is the next big thing. That's the only sell the news event you really need. Everything else is noise.

Here's a tip to OP from someone who came in early, that i've learned so far:

If you are not a day trader, and want to keep up on what's going on, look for news in development only. Trying to chase markets and trends will burn you up. Only way to bet on the trend is to know what the next trend is, and that you can sniff if you are following development. That's how people got into NFTs and dexes early.

Thanks for this piece of wisdom mate

o48o - I have been in crypto over 2 years so have experienced the 2022 crash.

This is not as bad as that but Altcoins going down over 50% is more than a dip isn’t it?

In my opinion, the increase and decrease in prices that occur is a normal condition that occurs in the exchange market. because cryptocurrencies have quite high fluctuations so that rising and falling asset values ​​are very normal for traders who have a good mentality. and never panic when faced with conditions that occur in the market. because mentality is very necessary for every crypto trader.

I don't feel anything. I still own the private keys of my coins and my coins stay in my cold wallet. Safe and sound. As long as I don't lose coins, I don't lose anything. These crashes are temporary. My main altcoin is Litecoin and it is below $70 at the moment but I have zero fear. Sooner or later It will go above $100 again and then some more. I've been reading the news and they tell Litecoin has one of the most active addresses lately. These low prices don't mean anything to a coin like that. It will correct itself soon.

What altcoin did you buy so that you got that big profit? The profits you get are very large because the price of Bitcoin and most altcoins is currently stable. You said the alt season will come in a few months but this is still uncertain, especially as currently the halving does not have a big effect on the price of bitcoin. maybe you should sell it because you have made huge profits and invest in potential altcoins like ETH and BNB.

I am not selling my altcoins I am just going to hold the ones I have currently and buy a little bit every now and then during this dip but I don’t have much spare cash at the moment so I am mainly holding waiting for the next leg up which will hopefully come soon.

Futures trading doesn't just fit in this context, although some people are trying to attach the DCA approach to it in a way, but the approach will only be fitting for investment purposes. However, the DCA approach is for everybody, this is in contrast to what you stated, but the fact remains that you may not need the chart again when you opt for it. So these are two different things because just that you didn't read the chart doesn't mean you can't read it, and since you've averaged the risk/rewards through the DCA approach, there is nothing to be afraid of or read the chart for gain. All that matters is to have an unwavering belief in the project/asset you are averaging, otherwise, it could lead to regret.

Well it's devastating for one to take a look at his portfolio right now .Most of the altcoins have lost so much value just hoping the bearish move will end soon

The bearish market is an important part of the market where investors seize every opportunity to accumulate more Altcoins into their portfolio. A good Altcoin having lost so much value will definitely retain its value when the bull run begins and even go higher than expected.

Meanwhile altcoins are showing bullishness in a podcast right now, crypto by highlighting meme coins is having a negative impact on the market it seems like memecoins and the emergence of fomc are contributing to this volatility, by withdrawing projects actually delaying the expected rise of altcoins just hoping the bearish movement will end soon by showing the outlook carefully wait for stronger market signals.

Much better day for my altcoin portfolio today +6% in the last 24 hours.

Hopefully we have seen the bottom of this crash we have experienced in the last month or so.

On the moment that you would really be seeing  your portfolio is dropping then it would really be that so damn hard to make yourself that not able to have those kind of reactions or making yourself that stone cold.
If you are someone whose really that dealing up with this market on a couple of years or long time then these movements wont really be that shocking anymore. For those who are just starting up then it would be
normal that there would really be that freaking out or having that kind of worrying inside on the moment that they will really be seeing some crash on which i could say that it would really be just that normal.
Holding up your position would really be just that entirely depending on you because if you do have trust about on the coins or project on you've been holding then you would stood your ground and wont really be
trying to take profits.

The hard thing on these moments is that on the time that you have seen your port on 0% or negative profits on which it would really be making already that kind of hesitation
and you might be ending up on cutting your losses on the moment that it would happen. This is why it would really be that situational on this part if we do speak
about these probabilities.

Hopefully 83% of your portfolio is the top altcoins that have good development, always updated, and the rise will come soon when the price of Bitcoin also recovers.
You don't have to worry if it's the best, just wait and if you have spare money, buy it again at a cheaper price.

But I hope you have BTC and ETH, because BTC is the main portfolio and ETH is the second choice. Some of the top altcoins are also pretty good, like SOL and BNB.
The collapse will definitely stop and become a bull market, just be patient and don't panic. This is common in crypto and the market will continue.

That is an evidence of bearish season OP, because once the bearish season is happening in the market, holders will begin to experience reduction of their coins in their wallet but you don't need to be panic, because it will definitely increase high when bullish season appear. I think, the altcoins bullish season is very close for long term holders and short term holders to experience from the market, because whenever the price of altcoins is decreasing in the market show that it will increase high to reach a new ATH in the next month. If you are holding a potential altcoins, don't allow anything to discourage you to trade in this bearish season, because there is a massive bullish season ahead for those that will continue holding their altcoins.

Long-term users must be patient while they wait for the golden momentum to help their asset go up again, which will return their unrealized profit. Though it may take months or years, you trust that your tokens will rise. You're fine as long as you don't have any meme tokens in your portfolio, but it appears that you do.
I did the "Sell on May then Go Away" strategy, and I'm all good today, but I made a big profit after buying when bitcoin fell below $59k. It appears that you should create a message to remind yourself that you can sell in May and then walk away until the end of the year.  :D

Feeling upset about this isn't that wrong, you could feel upset as much as you want, as long as you do not react to it. I feel happy, why? Because alts are cheaper than they should be, and that is a good thing, we should definitely end up doing something much better if we invest right now, that is my thought of course and not really considering it as something that would be too wild. This is just my idea and if I invest when it is down then I am going to make a good income from it as well.

This way, when they go down, you buy it at a lower price than it was, and then when the price recovers you end up selling it at a higher price, keep doing that a few times a year and you get yourself a good profit which is above the market return.

Current update - my portfolio is +45% right now and to be honest I am happy overall considering we have had a bad 6 weeks or so for altcoins.

Once the market starts going up again it shouldn't take long for me to be close to +100% again.

We are almost in July and I am just counting down the weeks till all-season which will hopefully come around September time so only a few more months.

How it everyone feeling during this altcoin crash? Of course everyone will feel bad at thr moment but for a person had lot of cash they might see altcoin crash for an opportunity to buy more.

Market is uncertain and hard to predict but it always like that. So some people sad some people dont and for me im in the sad side haha

That's the hardest thing for many people. When we are talking about something like bitcoin, or even ethereum, then it is easy for people to wait for years and even in that situation a lot of people have trouble and sell as soon as they see a drop. But when we are talking about a token, anything that is low, like not even in top 50, then when they see a drop they know that it may even crash to zero, we have seen a lot of examples for that.

This is why I think it is quite clear that we are going to have some trouble if we are not careful. This is why a lot of people sell very quickly when they are holding a small cap project and the price starts to show some signs of dropping. The solution is to invest into things you can trust to hold for long time.

When you are in altcoin then indeed things like this must be prepared because this is a form of consequence for your actions in altcoin.
It should be realized that altcoin is a condition where it is indeed very much more risky when compared to bitcoin because indeed the risk of increase and decrease is much greater so don't be too strange if in the end the portopolio you have in altcoin will experience a very large increase in a short time but on the other hand the decline will also be felt .

Altcoin is still fully dependent on the increase in bitcoin even though it is not directly connected but when talking about prices, the increase and decrease in altcoin will still depend heavily on bitcoin so don't be too strange about the fluctuations that occur with the portopolio you have, especially for the problem of reduction because it is a risk that must be borne when in altcoin .

The sad part is:
because when altcoin prices really crashed, I didn't have much money to buy them.
That's the main problem sadly. If the problem of portfolio decline is normal, just wait for it to work and be patient waiting for the altcoin season. As long as you don't rush to sell it, it's safe. As long as they are altcoins that have potential, not bad luck.  :D :D

In fact, both Altcoins and Bitcoin are currently falling drastically. In essence, the crypto market is currently experiencing a fairly rapid decline. Even in the 7 days since, specifically Bitcoin actually dropped more than -5%. Likewise with altcoins because usually altcoins will also follow the development of the Bitcoin market (except for certain conditions, there are altcoins that really go against the flow).

It's just that the point is, if the altcoins are top coins and have good potential to survive and rise again, then it won't be so worrying. The problem is that if it is a new altcoin or an altcoin that is not good enough, that is usually what will cause high levels of anxiety. Because that's it, Bitcoin has the smallest risk. If you want altcoins, just choose the top altcoins, at least not more than the top 20. Or even if I focus on BNB and ETH, which have to be added again.

I don’t think anyone knows when the crash will stop, if people know when it’s going to stop, then that’s when they are going to start investing, so as you don’t know when the crash is going to stop, then the best thing to do is that you should keep on holding, and if you are having more money, and you feel like investing, you can invest more, but make sure the altcoins which you are investing in are strong ones and not the weak ones, because some weak ones might die during the bear.

You don’t expect people to be happy, the only people that are always happy when theirs a dump are people that haven’t accumulated before and are just starting, but people that have been holding before are not always comfortable.

The price of Bitcoin sometimes goes up and sometimes goes down.  When the price of bitcoin increases, the price of alt coins also increases. When the price of bitcoin decreases, the price of alt coins also decreases.  The price of Bitcoin in the market is fluctuating within a certain range.  Recently its price has come down a bit more.  Currently the price of Bitcoin is at 60k dollars.  But on 23 June 2024, its price was 64k dollars.  As long as Bitcoin is bullish i.e. its price does not go to 70 or 75 k dollars the price of altcoins will not increase.  But it is completely temporary.  Although no one can say it but hopefully it will bullish once again in the last months of the year. So I say be patient and wait.

The altcoin season probably will not be a thing in the future in my opinion, i've seen the trend of narratives diverging to each other, most of the meme coins and the EVM based coins are doing so well with the recovery but the modular blockchain coin are still under the weather.
feeling so unlucky investing in coin like TIA i thought it's gonna be the next ethereum turns out I was wrong  ;D ;D.
https://i.postimg.cc/NM53CpH9/tiass.png

good thing though, the meme coin recovery has covered the loss I have with the modular blockchain coin, though not all, but at least meme coin did me some good, still baffle me how meme coin always outperforms some altcoin with real working blockchain.

I do not like it when it crashes but we have to adopt it and if you are not yet content with how much is in your portfolio.
Just think of it as another round for you to have some more and purchase more while the prices are cheap.

         -    This time, altcoins crashed in the market, which is fine with me because this is an opportunity for me to buy altcoins that I am saving at a low price now while Bitcoin is in correction in the market today. Isn't that the way that the majority of the of the community works in this field of the crypto space?

And I also know that there are many others out there who are also doing this method of accumulating top altcoins right now, and I hope we don't waste the opportunity like this again and again.

Indeed, it cannot be denied but when talking about the decline in the end we must be aware that when talking about altcoin prices in the end always follows the movement of bitcoin and indeed when in altcoin it must be prepared with a considerable increase and decrease because indeed the risk in altcoin is ultimately greater than bitcoin so that regardless of anything the price of bitcoin will affect and when bitcoin falls to the price of $ 60k then indeed this will have an impact on the price of altcoin which is increasingly plunging.

Regardless of altcoins that are considered top coins or indeed meme coins, it will still be the same in the end where those who are sure to get a big impact because of the decline in bitcoin occur so that when the OP feels that his portfolio is shrinking in terms of value when in altcoin then don't be too strange about it because in the end this is a form of risk that must be accepted.

Those are the people who are not only lucky to have some money, but also the people who know what they are doing as well. There are two types of people during that period, people who have the money but they do not know what they are doing so they sell instead of buying ,and there are also people wh odo not have the money so can't buy even if they want to. These type of people do not feel happy when the price goes down, rest of the people who can hold long or can even buy, the yare all happy with the situation. I believe that price flals are a chance and if you take that chance then you are going to end up with a good profit and you should try your very best to purchase more during that time instead of selling any.

No concrete answer but the altcoin crash may be actual till the end of the current year. Maybe, in a few months some corrections on charts are possible but for the long term, small altcoins don't have a survival rate, in my opinion. BTW, the volatility of the altcoin market makes it possible to melt the whole portfolio in a few weeks and the market can fix itself in a few hours. That is why it is called the crypto roller coaster, better to hold until green takes control back in every sphere of the crypto world. Just my 2 cents.

I'm currently fine during altcoin crash because I don't hold much any altcoin since what I usually do is to sell them when I earn especially those what I earn from airdrop or other activities that give token as rewards.

But for other people speculating about those top coins then I guess its that's opportunity for people to buy especially if they see ETH and SOL to have a price drop. What's important for me is to accumulate bitcoin since this is the most ideal coin that can give us better profit if we decide to hold for long time. I also think many people prioritize bitcoin since they don't need to worry about certain dumps to happen since there would be a recovery would happen to this coin.

But if other is really a risk taker then its up to them if they want to adapt on the risk then gamble with those altcoins they are targeting to acquire.

Normal thing especially if you've been with multiple altcoin tokens. Altcoins are known to generate bigger profit due to larger increase rate on their market prices, but same goes with its volatility with price decline. If you are with good altcoins then there's no need to worry that much because recovery will take place eventually. However, if you are just engaging with "hyped" tokens then you'll need to have large amount of patient to be able to wait for things to be in green marks.  As long as there is a decent volume then there will always be a possibility for recovery that you should wait. There are also times cutting the loss would be an option but be sure to bare with the permanent loss on your portfolio.
I actually see it the opposite; market price could increasewithin months and could be "melted" within a day or few. This is why it is a must to have stop loss and market behavior plan. If you give importance to the money you engaged, make sure to have it on your full time and not only when you're up.

And my portfolio is negative 15% or more i think. Actually, we need to change our point of view about the market. If it goes down, then its an opportunity for someone who is here for the long run. Short term holders can be afraid for any potential dump but a long term holder will keep their nerves high and DCA along the way. Its like strategy and emotion control. Whoever can do it better will see a good profit at the end. This is what i think about the market right now.

It's just a period of consolidation right now.  This is typical post bitcoin halving.  There is excitement leading up to it then it dies off.  Prices contract amd then afterwards history has shown a big explosion in market prices.  If I had to guess I'd think 2025 will be a good year but every cycle is different so who knows.

Just staying positive all the way becaus panicking wont do us anything good. Our altcoins would really have a down but significantly it will also have a lot of
 up moments, just make sure that we must be wise in dealing with all of our altcoins, on who we give up and who will going to hold still

We are now into July and I am hoping we have seen the worst of the altcoins crashing for now but lets see.

I think it will be very up and down over the next few months and then from September we will start properly going up for a great end to the year.

My portfolio is currently +47% after a good few days for some of my altcoins.

This is not the time to panic, you have already bought so if it dips below your entry you can just buy more and average it if you have the funds. Alot of people are usually distracted with little dips and crashes, I would say stay focused and keep looking at the bigger picture.