Most traders leveraging 5x or more? Absolutely wrecked.
Nearly all altcoins wiped out their monthly gains in a single day – flashbacks to June 2023 after those SEC lawsuits hit Coinbase and Binance.
Here’s a little secret: these market flushes, usually driven by pure fear, are prime times to dollar-cost average into alts. Once the dust settles, the whales begin hunting, snapping up undervalued alts, and the cycle of pump begins anew.
Remember, buy the FUD, sell the FOMO. Don't mix those up!