Since the bottom was cut, the market has successfully reversed, indeed becoming the 'chives' everyone talks about, obediently handing over the blood-stained chips. I even have to helplessly tease myself, look, as soon as I cut losses, the market warms up again, it turns out I was dragging the market down.
As a 💎 hand, in this round cycle from the beginning of 2023 until now, due to the path dependence created by past successful experiences, I have almost diversified my holdings into dozens of mainstream altcoins, trying to maximize profits. When the market is good, I far outperform the market, but when the market plummets, altcoins drop without a bottom; not only do profits retreat, but the principal can also be halved multiple times.
Even though I know that it is highly likely that the market makers are deliberately crashing the market, spreading a bunch of negative news to push the market's panic to the extreme, often at such times, it tests a person's mentality the most. As for Bitcoin, I am confident I can hold on, even if I get stuck, I believe there will be a day to break even. But with altcoins, it's different; as I said, I'm not afraid of spot trading, but looking at it now, spot trading can also bring your principal close to zero. Immediate loss-cutting to stop the bleeding and protecting the principal is the most important thing.
As a 💎 hand, in this round cycle from the beginning of 2023 until now, due to the path dependence created by past successful experiences, I have almost diversified my holdings into dozens of mainstream altcoins, trying to maximize profits. When the market is good, I far outperform the market, but when the market plummets, altcoins drop without a bottom; not only do profits retreat, but the principal can also be halved multiple times.
Even though I know that it is highly likely that the market makers are deliberately crashing the market, spreading a bunch of negative news to push the market's panic to the extreme, often at such times, it tests a person's mentality the most. As for Bitcoin, I am confident I can hold on, even if I get stuck, I believe there will be a day to break even. But with altcoins, it's different; as I said, I'm not afraid of spot trading, but looking at it now, spot trading can also bring your principal close to zero. Immediate loss-cutting to stop the bleeding and protecting the principal is the most important thing.