$BTC is at ATH 95k while Altcoins are still probing the market bottom. It feels like reaching 100,000 USD for $BTC is much easier than Altcoins could rise by 30-50%. Investors will face situations like:
- Buy in => Profit => Back to entry point or decrease => Back to entry point with small profit => Decrease further ==>> Finally selling to get it over with :))))
Or the coin that you initially held strongly, but after a short time I have to witness other coins outperforming => Wondering whether to cut losses and switch to another coin.
Is anyone else experiencing this? The market keeps repeating the old lesson: holding $BTC at high price ranges and searching for the bottom of Altcoins, making psychologically weak investors feel doubtful and fearful of significant declines.
This situation has been ongoing throughout the year, as we worry about a collapse, Altcoins recover 20-30%, strong coins rise 50%, creating hope before continuing to increase in the following days.