The panic and plunge of altcoins in this time, the following is the view on the altcoin market:
1. The current market is too pessimistic about altcoins, resulting in a depletion of liquidity. Once the market stabilizes, many altcoins will rebound like a rocket. Don't think that altcoins will always fall. There is no shortage of funds in the market. At least the money in the currency circle is sufficient. What is really lacking is confidence and expectations of a loose environment. I don't know where the bottom is. The real bottom is bought by retail investors, not guessed.
2. The altcoin season will definitely come, but it will no longer be the kind of comprehensive rise in the past bull market. The differentiation of this round of bull market is extremely serious. Good targets may run ten times or dozens of times, while bad targets are very likely to not outperform the market. Choosing a good target is the key to success. If you choose the wrong one, it is more important to dare to change positions and not be dragged down by the cost of silence.
3. In the previous bull market, as long as you can buy and hold it, it's fine. The funds in this round of bull market switch faster. For altcoins, you must learn to sell at high points to ensure that the pockets are safe. Selling at a high price will always bring you profits. Don't pursue long-term holding too much, or you will lose all your profits in a bear market. Keep this in mind, and you will be able to navigate the market with ease and ride the wind and waves!
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