What an awful day for alts, it’s felt like it’s been awful forever but my portfolio has just hit lowest it has ever been at -44%.
I am just holding for now but planning to buy some top alts soon as these prices are too tempting.
Curious to know how other altcoin investors are holding up? How down are you?? How long do we think we have till the market bounces? I’m thinking we have at least a few more months of this.
I'm also holding and it has crashed to more than 51%. I will probably do nothing and just watch how it will recover by the weekend.
The market won't take that long before it bounces up. As we can see, there's a time for it to recover and all of these sudden drops will lead to recovery still.
If you're down and you haven't sold then that's good for you. All of these will come to an end again but brace yourself for what's unexpected might come.
Crypto is not a get rich deal anymore like it was before 2022. I heard back then all alts pumped massively during altseason yet last 4 years there has been no altseason with only a handful doing well. You just have to get lucky i suppose. Those who got in Solana at $10 end of 2022 for example got a 25x in less than 2 years, that’s a great win.
I will continue to hold my alts through all this downside, if it takes another 6 months so be it but hopefully it just takes 3 or 4 and then we start going up again.
If you want to get 10-20x in alts, then now is a pretty good time to start DCA next few months by look of it while they are at these low prices.