My coins percentage down

[Pamadar]

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

It's very hard to give general advice on why the alt coin markert drops. What kind of coins are you holding and what are the sizes of your individual positions. When it comes to alt coin trading and investing the biggest factor for me is diversification. I have seen too many promising projects losing 90% of its value, that's why I am not going to put my eggs all in one basket. The largest part of my portfolio is bitcoins, I strongly believe that the most famous crypto coin is going to keep rising. The smallest part of my portfolio are meme coins, here I only invest a few bucks so when they lose value its not really affecting my overall portfolio.
The biggest driver of the alt coin market is bitcoins. If the bitcoins drops in value than its going to pull down the whole market. In December the new covid mutation started spreading around the world and investors are panicking. It's not a serious panic since we don't have many facts yet about omicron variant. It's going to take weeks to analyse if all the vaccines are really useless against it. Against such big news like covid pandemic we can't really protect us, it's general market risk and doesn't mean that your coins are bad.

News influenced things inside the market, we can't tell which direction it will heading.

We should always analyze and not to allow emotion to conquer our fears while seeing this kind of market sways.
If you have good analysis, then you'll be able to work things the right way.

You'll be able to work and play to the intent that you want with your investment. Keep being updated and
not to put your guard down, it will lessen the chance of losing your money.

[ubg]

https://imgur.com/a/yXTzhcn

[LUCKMCFLY]

the altcoin market is very affected by the current trend, the higher the profit opportunity the higher the volatility, it is unavoidable, bear markets are normal in the market and that is a common thing, maybe only big coins are able to recover faster when a bear market occurs.

Yeah, recovery phase for different altcoin is always different hence we cannot have any generalized opinion on all altcoins while investing with them. It would be better if you go investing at the beginning of bull run and should book profits by the times of end of bull run; so that we do not need to hold on bearish trend. If you happen to hold on bearish trend then you got only 50% chances for recovery.

You are right, however when altcoins rise for reasons other than a BTC bullish trend, it is because they are actually pumping it from elsewhere, perhaps to create a possible pump and dump, or because some devs want their currency to go down. look good for them to come in to buy and they can sell little by little, this is a strategy that is always applied in all markets, in fact it is something that has been done since the 1800s from the time of Jesse Livermore and Richard Wyckoff who were great market speculators in their time.

[HyunBin]

Even though the entire cryptocurrency and none crypto assets on the stock market price are down currently but the level at which my various altcoins portfolio crashed backward baffles me, please can anyone explain for me how the altcoins market works.

Well that is reality of crypto-world and space not always all the time the market is bullish so you should be prepare on the down trend. Do not panic every time that this bearish momentum happen just stay calm because the market will always recover. In addition, as long as you didn't sell-off your altcoin hodlings the value of it will still be the same.

[Ozero]

When the crypto market is dumped, especially bitcoin, all altcoins will also go down, most cryptocurrencies are very dependent on the main coin, namely bitcoin which is very influential on the ups and downs of altcoins, everyone also has altcoins in their portfolio, the events experienced today also fell completely when we hold in the long term will most likely get more profit so we wait for the market to rise again.

Now, along with the fall of the market in all of us, there is the same fall in prices in our cryptocurrency portfolios. The fall in prices is large, but this is not the first time. After each such fall, the cryptocurrency market recovered and grew in price terms even higher. Therefore, if we do not sell our cryptocurrency, then we will not incur further losses.
Little-known altcoins usually lose more in value than high-cap coins, but promising altcoins can also recover faster.

[buragTrain]

Altcoins crashed very hard and sime coins like Slp,Shiba down 5 time down. The only thing we can do now is hold until market recover. We are not in lose until we sold. We show some good holding power here if we want to save portfolio. Market crash is not first time occur. Crypto is name of up and down.

[Pamadar]

When the crypto market is dumped, especially bitcoin, all altcoins will also go down, most cryptocurrencies are very dependent on the main coin, namely bitcoin which is very influential on the ups and downs of altcoins, everyone also has altcoins in their portfolio, the events experienced today also fell completely when we hold in the long term will most likely get more profit so we wait for the market to rise again.

Now, along with the fall of the market in all of us, there is the same fall in prices in our cryptocurrency portfolios. The fall in prices is large, but this is not the first time. After each such fall, the cryptocurrency market recovered and grew in price terms even higher. Therefore, if we do not sell our cryptocurrency, then we will not incur further losses.
Little-known altcoins usually lose more in value than high-cap coins, but promising altcoins can also recover faster.

That the spirit, if you do believe that the market will bounce back,

Better hold and save your assets until you sell your coins. That will be the time that you suffer from big losses.
but if you keep it and store it inside your safe wallet, the chance of growing still possible, you need to have that
great anticipation of holding still and wait for the recovery.

[RILWAN]

Altcoins crashed very hard and sime coins like Slp,Shiba down 5 time down. The only thing we can do now is hold until market recover. We are not in lose until we sold. We show some good holding power here if we want to save portfolio. Market crash is not the first time occur. Crypto is the name of up and down.

We are no longer in a correctional stage the market is already in a dip and at that many coins are down way above 30% to 40% and that is a total bloodbath, if Bitcoin can be down this much how much more altcoins and another meme coin like shiba in and dogecoins.

[YinShuiSiYuan]

Altcoins crashed very hard and sime coins like Slp,Shiba down 5 time down. The only thing we can do now is hold until market recover. We are not in lose until we sold. We show some good holding power here if we want to save portfolio. Market crash is not the first time occur. Crypto is the name of up and down.

We are no longer in a correctional stage the market is already in a dip and at that many coins are down way above 30% to 40% and that is a total bloodbath, if Bitcoin can be down this much how much more altcoins and another meme coin like shiba in and dogecoins.

This is the danger of investing in coins with no product behind them. Meme coins were created for speculation only, so you can earn a lot from them during the bull run, but you lose the most when is bear market. Unfortunately, the price of Bitcoin may drop more, so if someone is still holding Doge or Shiba, must prepare for even greater losses.

[yohananaomi]

When the crypto market is dumped, especially bitcoin, all altcoins will also go down, most cryptocurrencies are very dependent on the main coin, namely bitcoin which is very influential on the ups and downs of altcoins, everyone also has altcoins in their portfolio, the events experienced today also fell completely when we hold in the long term will most likely get more profit so we wait for the market to rise again.

there is no best way that waiting for the market to rise again is the most anticipated solution because that is all that is expected to change.
you are right that all altcoins are always affected by bitcoin and cannot avoid this fact, it is rare that one is able to move itself up when bitcoin is correcting.
if bitcoin increases there will be something even more increasing it is still possible but not when there is a correction.

when being corrected like this, of course, holding on is the best solution, because hoping that there will be an increase when the time has come, it will not always be a correction. but it does take patience to follow this because it takes time at stake.