Alts crashing , how bad is your portfolio looking?

[el kaka22]

It's not really "that" bad for me, sure I lost about 15% from the top, but I got out anyway so I am not doing that badly. Plus I never held any shitcoin, all of the coins that I had were either top 20, or very small, and I didn't lose much from them. When you have something and it goes to zero but it was 1% of your entire portfolio, all you lose is 1% of your portfolio, nothing more can be done.

So it's always a smart move to not put much money into silly small low cap markets. The better version is, when you start to see something falling, it's easier to get out quickly and not wait for it to crash, I got out between 100k to 110k in bitcoin and that was my biggest position, so it wasn't a big loss for me.

[Odusko]

Altcoins portfolio is a worst hit any time there is a massive market crash in the cryptocurrency market, for the past few weeks Bitcoin which is the leading and most trusted coin saw a dip the price when we see it fall from $90,000 to around $65,000 to $68,000 at present price, this drastic drop in market price affects altcoins even more, so for your mental health checking your altcoins portfolio should be the last thing on your mind right now.
If I must advise you, it's better to take a break from the market and return when everything recovers to the previous price, I know this current market is a short-term market condition that is going to change real soon.

[Balmain]

Altcoins have crashed again these days. I have some cash I've been holding onto in case things drop further. Actually, some altcoins seem cheap to buy right now, but maybe they're not cheap at all maybe it just seems that way to us. I'll wait a few more days and see how things go I'm still undecided.

[JamesDaniel90]

It’s very difficult to know in the short term how low Bitcoin will fall.

It is currently in its fifth red month in a row and has only had 6 red months in a row once before back in 2018 so this doesn’t happen often.

I think March may also be red but hopefully from April we can have a bit of a relief rally but the question is how high can it go back up to? $80k? $90k?

[Akbarkoe]

It’s very difficult to know in the short term how low Bitcoin will fall.

It is currently in its fifth red month in a row and has only had 6 red months in a row once before back in 2018 so this doesn’t happen often.

I think March may also be red but hopefully from April we can have a bit of a relief rally but the question is how high can it go back up to? $80k? $90k?

This kind of thing has happened in the past and shouldn't be a problem. For most people, this is normal during the cycle, so you don't need to worry about the crypto market, especially Bitcoin.

When it comes to prices, there are always questions about the lowest point Bitcoin might reach and what the price will be when it reverses. Honestly, no one knows how low Bitcoin will drop or how high it will rise this year, let alone provide specific details like the month. At most, we can discuss the quarter. I see the lowest price at the $50k-$56k level, and for the reversal, the maximum price could be around $85k. after that, it will drop again and form a new price structure to establish a new support level and continue the accumulation cycle until 2027.

[Josefjix]

You should be dreaming when you said few months from now, market be bouncing back. Maybe you are new in experiencing the bear market season, it's way more bigger than what you may be thinking. Recovering back to normal market conditions isn't taking by months, it's by years to get back up.

And again, what alt are you holding, if you are holding some sort of memecoins or low value coins, please sell off.

If you are holding high value alt coins, buy more and keep holding if you have spare funds.