If it is at the bottom now, how can we buy the bottom?

Although altcoins are high-risk, it is still possible to turn things around with altcoins.

It has been nearly 5 months since the decline and adjustment began on April 8, which is beyond doubt.

People often say that the market has been declining on average in September every year for 11 consecutive years, but we cannot ignore that October is an upward month every year. Pessimistically, September may still fall; optimistically, September will provide you with an opportunity to get on the train at a low price.

Therefore, the decline in September is the buying node you must grasp.

I cleared all altcoins during the big drop and rebound in April, leaving only Bitcoin, Ethereum and BNB, and hedged. Last night, I lifted the hedge and bought altcoins that accounted for 20% of the total position.

Under limited funds, if you want to achieve a larger profit and loss ratio, selecting targets and managing positions are undoubtedly extremely critical.

I prefer to choose altcoins with good fundamentals, high liquidity, stronger project parties and investors, larger declines and momentum in the track. I also prefer new coins with high liquidity and sector leaders.

Finally, the correction before the September rate cut is almost in place. Although there is no strong reversal on the technical side, there will be a rebound before the rate cut. Will there be a big drop after the rate cut? I will continue to build positions in batches during the big drop.

In this way, even if the position is trapped now, at least those who build positions now have more advantages than those who built positions before. We are copying their bottom, hahahahaha!