So this means CAT has not been that successful over the last 6-8 months because pretty much all of the alt coins have fallen in value, right? Most have fallen by about 60% in value. Even btc has fallen by about 50% in that time. In this kind of a market, what is the point in buying a product that demands I spread my portfolio over lots of currencies - all of which are falling??
Or am I missing something?
No, this is not how it works.
A lot of markets during a crash could have a lot of "dead Cat bounce". So if you're able to catch the right moment you could loss 60% In Value BUT add 60% In quantity, and mainting the "old" BTC Value.
And markets didn't crash at the same time, so you can change market and stop trading on the dead ones.
Shouldn't I just hold in USD?
You can Trade on USD/BTC with the same logic + stop loss parameters.