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.
The altcoin market will recover when the Bitcoin bull run ends because that is the altseason moment, so if you hope that the altcoins you own will recover quickly, you will be disappointed.
Currently my portfolio in altcoin is only around 25% (currently minus around 30% from the price I bought it at) of the total crypto assets I have invested in, I increase my assets in bitcoin because it is immune to inflation and FUD.