I'm not really sure about this but we could be at this 'spot' when it's time to start accumulating alts again.
You're right, we're on this already as the market seems to be bloody again and with what it shows right now everyone that talks about buying the dip should start putting their money where their mouths are.
I think we'll be seeing a lot of the newer alts make huge moves up next year. And rather than scalping them for a measly 10% gain, just hold them and make a lot more money.
Stay safe out there guys.
I agree.
I've made a lot of mistakes in the past and this time I'd make sure that I'll be able to gain something out of the cycle. With newer alts or not but mostly with the btcs that I am holding. People are still looking for something else during this accumulation period and everyone has their own preferred alts to hold. I think nothing wrong with the older ones but just be prepared and make yourself busy at these moments by stacking more what you believe might pump anytime soon.