Do those altcoins still have a future, can they still break even???
I believe many people have seen their overall altcoin positions cut in half over the past six months.
I reviewed some reasons for the losses:
Given that the current market is doing so well, BTC has been on a steady rise, and altcoins have also surged, even when exchanges experience flash crashes, the losses are quickly recouped.
So in this environment, one can lose sight of the overall market conditions, thinking that this year will see a super bull market, while ignoring issues like the Federal Reserve's interest rate hikes, cuts, and the correlation with U.S. stocks.
Many times after breaking even and making a profit, I became too lazy to act, resulting in one loss after another, with no bottom in sight!
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