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Why are altcoins generally considered a good time to buy at the bottom when they are down over 90%?

The reason lies in the nature of bear markets. When market leaders experience rapid corrections, altcoins often follow suit, with initial losses of 20-50%. Therefore, when buying at the bottom, experienced investors will prioritize traditional currencies, which are generally more stable and have some market influence.

However, when the index of Bitcoin or other traditional currencies gradually returns to a more benign state, investors begin to pay attention and organize the altcoin series. Indeed, altcoins tend to show greater upside potential during market rallies. But investors need to be careful, because even though altcoins are down 90%, they can't just assume this is the all-time low. The market is volatile and it is possible that altcoins could continue to fall after reaching a 90% decline, or even fall another 90%, meaning the total decline could be close to 99.9%.

However, we are not currently in a bear market phase. Therefore, for investors, the best strategy at this point is to hold onto their positions and wait for the market to rise. Only when the predefined objective is achieved will the sale be considered. During the investment process, it is very important to remain calm and patient.