Do you know why $BTC increased but #altcoin still hasn't seen any movement?
is because money is still flowing into btc, btc.d is currently above 52%. There are quite a few people outside waiting for another deep collapse before entering, but what if from now on the price stops and doesn't decrease but slowly increases, then very few people will be able to bear it and accept to buy. The price is much higher than when waiting for it to drop. So why don't I play strategy?. Now I'm drawing a dream scenario that the price will drop deep enough to collect a lot of goods. For example, you have 100 VND, the current price is 1$, you buy 20 VND. If it goes down to $0.80, you buy 20 dong again, calculating the average price you buy is $0.90. if it goes down to 0.5$. You buy 40 dong, your average purchase price is 0.7$. and from there it began to increase sharply to $1 and peaked at $10. When you're at the top, you look back at the $0.50 or $2 buying zone, and you're still very lucky. It's just that you don't see the whole picture, everyone only cares about the immediate benefits, "paying the vegetable seller thousands of dollars, but spending hundreds of dollars in entertainment and dancing places." not even a single frown".
If you follow the school of traders who make profits with small waves, you have the right to wait. As for the stance of buying to sell at the peak, you should consider carefully. As traders, they can miss many waves at the bottom but still make money because they still have waves at the body at the top because they only play short waves. You should review what style you're playing. For me, DCA is still true love. Even if it's negative by a few tens of %, it's only temporary. Be patient and persistent and you'll win (if you accidentally go all in).