Is AltCoin still salvageable?

1. Currently, alts are a bit overly pessimistic, leading to a loss of liquidity. Once the market stabilizes, many alts will rebound quickly. Don't think that alts will keep falling forever. The market is not short of money, at least not the crypto market. What is lacking is confidence and expectations of a loose environment.
You ask me where the bottom is, I don't know. The bottom is all bought by retail investors, not guessed.
The alt season will definitely come, but it will no longer be the kind of comprehensive rise seen in the past bull market. Good projects may have the potential to increase by tens or even hundreds of times, while poor projects are highly likely to underperform the market. Choosing the right projects is crucial, and it's even more important to dare to switch positions if you make a wrong choice, without being dragged down by sunk costs.
In the past bull markets, as long as you know how to buy and hold, it's fine. This round of bull market sees faster capital switching. When it comes to alts, you should know how to sell, secure your profits, sell high and always profit. Don't be too greedy and end up giving back all your profits in a bear market.
Finally, the longer the high interest rates of the Federal Reserve hold, the faster the rate cut will be once an economic recession occurs. Currently, as the interest rate hike nears its end and the economy is slowing down, it is the most painful time as it is uncertain when the rate cut will come. Confidence is more precious than gold. We must believe that the future will definitely return to a loose monetary environment. Do not fall before dawn, do not stubbornly resist, reduce leverage, and survive!

#BTC #ETH #加密市场反弹 #F1极速冲刺，享$50,000大奖 #潜力山寨币