Altcoins are cold, is it time to adjust the portfolio?
Altcoins have suffered setbacks as Bitcoin fluctuates. As BTC hovers around the $66,000 support level, most altcoins have suffered heavy losses. At this time, how should investors respond?
Bitcoin started off badly this week, and the bullish signs hinted by the RSI indicator failed to continue. Altcoins such as RNDR, INJ and FET, AGIX, $OCEAN in the AI field have all fallen sharply, and the market volatility is extremely high.
Strategy selection:
Re-evaluation: Review the altcoins in your hands. If they do not perform better than BTC, consider their holding value.
Streamline the portfolio: Consider selling underperforming altcoins and investing in more promising projects instead.
Be patient and wait and see: The market will eventually rebound, and you can adjust your strategy at that time.
Risk management is crucial. Set stop loss and control risk. Trading is not easy, you need to keep learning and invest cautiously.
Only by completing the layout in advance can you win the best trading opportunities;
If you are not good at screening strong currencies, you can refer to my choice.
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