The serious losses in the altcoin market have passed, many altcoins are nearing the bottom, but there is still hope for a rise in both the overall market and altcoins!
As I mentioned before, the altcoin season of 2021 was relatively strong, this round of altcoin season is a three-step forward, two-steps back rhythm.
For altcoins, the opportunities to escape and to enter the market are actually two sides of the same coin. The real key lies in: are you trading based on emotions, or are you engaging in risk management as the core of your strategy?
The so-called "last chance to escape" is just a marketing gimmick. I haven't recommended those losing coins in the past few months, and the frequency of my recommendations is very low. For short-term coins, I usually recommend just a few each week, aiming for a 10% profit to sell half or convert everything to USDT (depending on individual positions).
Even in a bull market, pullbacks are normal. As long as we can withstand this wave of adjustment, a stronger market is not far away. The bull market is far from over, and the strategy of buying small on dips and buying big on significant drops is still effective!
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