Although the altcoins have slightly retraced today, the current rankings of the gainers prove everything: the altcoins have started to take off. At this time, there are two issues to face:

1️⃣: Hold onto the altcoins you have and wait for them to rise

2️⃣: Switch positions to chase the hot sectors

I think many people are struggling with whether or not to switch positions. If you switch, you worry that as soon as you sell, the price will rise, or if you chase a hot sector, you might get stuck right after getting in. If you don’t switch, you fear missing out on the whole trend. I believe many people have experienced this.

Let me share my thoughts. First of all, I do not recommend allocating all positions to the same sector; you should distribute your funds to the leading stocks or those that perform exceptionally well in each sector. Usually, the leading stocks drive the overall sector's rise, so having positions in multiple sectors at least prevents you from missing out on the overall trend, unless you are particularly unlucky and did not buy into any sector.

Funds are limited, but there are many targets; how to buy into hot sectors requires cultivating your market sensitivity, watching the market closely. The market reveals everything; during your free time, pay more attention to news and project official updates. If you find that the leading stock has risen, you can chase the second and third leading stocks in that sector, and funds will spill over.