This time, the altcoin panic plummeted. Here are my views on the altcoin market:
1. Currently, altcoins are a bit too pessimistic, leading to a loss of liquidity. Once the market stabilizes, many altcoins will rebound quickly. Don't think that altcoins will fall forever. The market is not short of money, at least not in the currency circle. What is lacking is confidence and expectations of a loose environment.
I don't know where the bottom is. The bottom is bought by retail investors, not guessed.
2. The altcoin season will definitely come, but it will no longer be the kind of comprehensive rise in the past bull market. Good targets may be able to run dozens or hundreds of times, while bad targets are very likely to not outperform the market. It is important to choose a good target. If you choose the wrong one, it is more important to dare to change positions. Don't be dragged down by the cost of silence.
3. In the past bull market, as long as you can buy and hold it, it will be fine. In this round of bull market, the funds switch faster. For altcoins, you must know how to sell, and you must be able to put the money in the bag. Selling and flying will always make money. Don't be too patterned and spit out all the profits in the bear market.