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.
How do you feel about this one now, that we got the market down below at $78,000 which I think should be the worst incidence than the first experience, but we should all be more positive for the market to rise and altcoins season to continue.
Do we think altcoins are going to recover as quick as they crashed?
Not all, if we are going to be frank and sincere by the way of the crash and the market seasons, it all depends also on the specific coin involved, if we are holding onto the type that has a future target to pump high, then we can see all these through it previous performances on how it has been falling and rising at the same time.
I think it is fair to say most of us did not expect Bitcoin and altcoins to crash this low but here we are.
My portfolio is currently +36% which is not too bad considering how much we have fallen last few weeks.
It has fallen a lot last 4 weeks but i know soon as we start to recover it will pump back up just as fast.
The only thing we can do is see how low Bitcoin goes with this crash and just wait for the whole market to start going up again towards $100k again.