I just checked the market, and $VANRY completely caught me off guard—it’s down 37% in 24 hours, with the price now at 0.001 and trading volume still at 2M. According to Binance’s real-time data, $SXP , $HARD, and $DEGO are all near the bottom of the charts today too. Altcoins are getting absolutely hammered this time around. I still have a little VANRY spot, and I haven’t sold. I’ve given back more than half my profits, and honestly, it stings a bit. But that’s the market—you have to take your hits and stand back up.
Let’s talk practical tips. I’ve made plenty of mistakes with position sizing. Don’t go all in just because the Kelly formula says so—I usually use half-Kelly to leave myself some room. With fixed-percentage sizing, I risk 1%–2% of my total capital per trade, no exceptions. Only add to a position when it’s in profit, and add less each time. Don’t pyramid down—that’s asking for trouble. With volatility like $VANRY , set your stop-loss and don’t stubbornly hold on to a losing trade.
For those looking to buy the dip, liquidity is poor and slippage is high for SXP and $DEGO, so be careful. Who knows whether altcoin season is here yet, but you have to stay in the game to have a future. The above is just my personal opinion and does not constitute investment advice.
Let’s talk practical tips. I’ve made plenty of mistakes with position sizing. Don’t go all in just because the Kelly formula says so—I usually use half-Kelly to leave myself some room. With fixed-percentage sizing, I risk 1%–2% of my total capital per trade, no exceptions. Only add to a position when it’s in profit, and add less each time. Don’t pyramid down—that’s asking for trouble. With volatility like $VANRY , set your stop-loss and don’t stubbornly hold on to a losing trade.
For those looking to buy the dip, liquidity is poor and slippage is high for SXP and $DEGO, so be careful. Who knows whether altcoin season is here yet, but you have to stay in the game to have a future. The above is just my personal opinion and does not constitute investment advice.