Dont panic
Now is the time to accumulate good projects.
To start out many of the price target i listed on my portfolio breakdown have been hit , i still feel very comfortable and confident these will offer great long term entries.
For people who follow me you will know i have been saying for weeks that no parabolic ALT season is coming.
In the last days we have seen ALTS plummet and BTC dominance skyrocket.
I know my advise is boring when i say have most of your Portfolio in BTC but it is the most profitable advise currently.
Now is the time to accumulate projects that will see institutionl money and adoption in the coming years, most importantly BTC,ETH and SOL
The SOL price target i set at $129 has been hit, BTC and ETH could still fall a little further but even at current prices i feel they offer long term value.
Many other projects i listed hit the price targets i set, hopefully people who follow me got on to these price entries.
The Overall Crypto Market cap has been ranging for months, we are still above the range low of $2.165T, to be macro bearish we would need multiple daily candles below $2.15T
Dont panic, now is the time to get into solid projects at discount prices.
If you want to invest in more volatile ALTS then use 10-15% of your bankroll, be prepared to take profits on these as we might range for months.
Now is the time to have the core of your portfolio invested in solid projects, even if they have high MC and FDV.
I have said for a long time most of crypto is over valued and a lot is just garbage made for VC gains or without any justification for their market caps, all these projects just drain liquidity.
I think over the next years the projects with institutional investments will offer the best % returns,i think a lot of dead liquidity will flow back into these projects,i think we might see the reverse of ALT cycles in past years.
Now is the time to be buying what the whales will be buying in the coming years,get in at discount prices on these projects and hold, profits will come!
Peace
