Only when the altcoin season comes can the vast majority of retail investors have a chance to turn things around!
Because most retail investors only hold altcoins and don't have Bitcoin. If this round of the bull market doesn't have an altcoin season, many retail investors will be in big trouble; those who should be delivering takeout will deliver takeout, and those who should jump into the sea will jump into the sea.
Many people's asset allocation needs to be adjusted. If you follow the asset allocation ratio of Bitcoin, value coins, and altcoins at 5:3:2, you will definitely outperform the majority!
I believe the bull market is not over, the altcoin season will still come, but what is unknown is: can you hold on until the arrival of the altcoin season?
In recent days, there has been a tug-of-war between bulls and bears, with no clear winner; everyone should pay attention to risks and operate carefully:
Refuse to be complacent, the market currently seems calm, but in reality, there are undercurrents;
The best approach is to observe and wait for an opportunity to bottom out in the spot market or to get in, I believe the market will not disappoint your patience;
At this time, it is necessary to pay attention to trend trading, it is best to wait until it stands above before buying; personally, I believe that if it cannot stand above, there is a greater possibility of another drop; this is not a bearish view, just a realistic expression of my perspective on the market.
My approach is also very simple: I will not open any contracts or leverage, I will not touch my long-term spot positions or staking positions, and I will clear out short-term positions that I currently consider non-Alpha projects, trying to increase my USDT positions and wait for opportunities to enter;
Just eight words: Market turbulence, pay attention to safety!