Since May, the cryptocurrency market has seen a sharp decline, with many coins losing between 60% to 80% of their value. New and vested projects have been hit even harder, dropping by 80% to 85%. Currently, altcoin dominance stands at just 9%.

If you're thinking about selling your assets at a loss, it's important to reconsider. Selling now could lead to regret if the market recovers. While there's a possibility of a further 20% drop, the losses you've already faced are substantial. Selling at this point might not be the best decision.

This period could be viewed as an opportunity to bolster your portfolio. Adding to your holdings during a downturn can better position you for potential gains when the market rebounds.

To manage the current market conditions effectively, it's crucial to understand what’s driving the decline. Factors like macroeconomic trends, regulatory developments, and market sentiment are key. Developing strategies to take advantage of the downturn, such as finding undervalued assets and diversifying, can be advantageous. Maintaining resilience and a long-term outlook is essential to navigate market volatility and emerge stronger.

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