Quote from: Powerjumboo on Today at 03:16:00 PM

Quote from: JamesDaniel90 on February 12, 2025, 12:06:51 PM

It has been a brutal few weeks for altcoins and being 100% altcoins it has hit my portfolio hard.

My portfolio is still +62% despite this big correction but it was +180% back in December.

Do we think altcoins are going to recover as quick as they crashed?

I feel we just need some good news back in the market as it has been feeling like a bear market recently.

Only the altcoin market is in a recession, besides Bitcoin is close to $96,000 to $100,000. You have done the most foolish thing by investing 100% in altcoins because your investment portfolio should have been 80% Bitcoin and 20% altcoins. If you could have kept it, you would have seen much more success in this current season. I can't say for sure whether you will be able to fully recover because you have not mentioned all the coins you have invested in. Anyway, wait until 2025 to see if your investment succeeds.

Lets see what happens. This is my first bull run and hoping to make some good money and I didnt feel i would do that investing mainly in Bitcoin.

My plan is to make money with my altcoins this bull run and then buy Bitcoin with those profits in the next bear market to then hold till 2030 at least.