How can you get back your investment and get rich if you are stuck with 80% of the altcoin?

In the face of the ups and downs of the altcoin market, how to find opportunities to get back your investment or even get rich in adversity is an art that tests wisdom and requires firm belief. First of all, a premise that cannot be ignored is that choosing to invest in a formal and bottom-line trading platform such as Binance is the primary condition for ensuring the safety of funds and avoiding the risks of unscrupulous exchanges. When you are unfortunately faced with the dilemma of an altcoin plummeting by 80%, you should not blindly cut your losses, but adopt a more rational strategy-replenish your position in batches and wait for the opportunity.

Suppose you bought 10,000 altcoins at a price of 10 yuan with a principal of 100,000 yuan. Faced with the cruel reality that its price has fallen to 2 yuan, you might as well regard this as a good opportunity for layout. Through hard work, you can accumulate an additional 10,000 yuan of funds, and decisively replenish your position when the price further drops to 2 yuan. At this time, your position will increase to 15,000. If the price continues to fall by 50% to 1 yuan, invest another 10,000 yuan, and the position will double to 25,000. When the price drops to 0.5 yuan, use the 20,000 yuan on hand to make the last position replenishment, and your total position will reach an astonishing 65,000. Although this series of operations seems risky, it is actually gradually reducing your average position cost and accumulating strength for future rebounds.

When your total investment reaches 160,000 yuan, you should stop replenishing your position. At this time, your funds have been relatively reasonably allocated and there is no need to take greater risks. It is a wiser choice to invest the remaining funds in other potential projects to achieve diversified asset allocation.