Let me talk about my own situation. Except for Ethereum, all other holdings have suffered huge losses. Among the positions, AXL has been halved, and the others have also fallen by 30% or even higher.
Many brothers asked me what to do. I am currently holding it. My advice is to hold it. It is unrealistic to cut losses here. It has fallen so much. Unless there is another major negative news, it is difficult for the altcoin to fall sharply again. Many friends exchanged their oil and BTC for altcoins at the high point in early March, expecting a wave of altcoins to make up for the rise. As a result, a wave of shit and a big drop came. 90% of the altcoins in the market have fallen by 60% or even 80% from the high point in early March to now.
The current position is very critical, which is both a risk and an opportunity. Brother Nan’s strategy is to hold it tightly. The last wave of BTC 2900 is similar to the current one. ETHFI is also over 3, and it keeps falling every day. Last time I bet on an increase, and this time I will bet on an increase. If I win, I will get my money back or even make a profit. If I lose, it will be garbage.
I continue to be optimistic about the Ethereum series of altcoins: LDO SSV PENDLE ETHFI UNI
If the ETF is passed on July 2, and there is another big positive line like last time, you will not have the opportunity to get on board. Even if you want to sell at a loss, it is not now. Wait a little longer, and it will stop falling!
The peak witnessed the false guardian, and the dusk witnessed the false believers. Since you have chosen the altcoin, you have chosen the risk. You have already experienced the risk, so wait for the return to begin!