Just be careful with altcoins because as some fall, they may not get back to the price you bought them, the only coins that I know you can buy but its price fall and later increase back is bitcoin. Also the way altcoins are falling, it can really be frustrating. As you think some has falling to 75%, it is possible they can still fall more. People buy them, dump them and move to another altcoin and so on. The most frustrating thing about altcoins is that they are not getting to all-time high, which means they are not store of value.
Yeah it’s been a lesson learned for me, it’s my first cycle and I thought Bitcoin was too expensive when I got in around $40k so mainly went with altcoins not knowing how the cycles work, with Bitcoin moving first before altcoins etc.
But saying that, whilst Bitcoin has pumped almost 200% since I first started , I’ve had a few altcoin winners over 1000% which is why I’m still in the green overall but most of mine are down 30% or more, some as much as 75% and those ones I am just hoping they recover the the price I bought in so I can then move them into Safer altcoin plays.
I’m expecting an average summer, either sideways or down but hoping we can have some good news with rate cuts by August to then hopefully give us a good last 3 or 4 months of the year.