👇👇👇Some people are holding altcoins, what should they do in the future??
Recently in the market, there are always people who are happy and people who are worried.
It's estimated that most people don't hold Bitcoin, and now Bitcoin's price is rising steadily, continuously attracting funds and constantly setting new price records.
At this time, if one impulsively chases the high to buy in, it is clearly not a wise move. However, if one chooses to short, the risk is also very high. It might be better to just watch from the sidelines and let Bitcoin perform for a while.
Looking at altcoins again, their prices have repeatedly hit new lows, and the situation is quite severe.
If this trend continues, and if Bitcoin keeps attracting funds, then altcoins will definitely continue to fall.
Even if Bitcoin suddenly surges to 100,000 or even higher, it could just be a blink of an eye. After that, if there is a significant correction, altcoins might be in danger, and a bloodbath situation is not impossible. By that time, those who are holding only altcoins will probably find it very hard to endure and will eventually have to sell at a loss with tears in their eyes.
Only when the funds from Bitcoin gradually withdraw and flow back to the altcoins will it be better.
The cunning market makers will take this opportunity to take away everyone's bleeding chips, and then start to pump the price.
So right now is the time to test everyone's resolve. Only those who can hold firm will be able to laugh last.
When there is a big drop, buy a bit more; when there is a small drop, increase your position moderately. I feel that this is the way to stabilize, right?