Your idea is very good. When the price of Bitcoin is low, I also choose such altcoins because when the price of Bitcoin is low, I analyze the altcoins in the market. By analyzing the useless coins, I buy some from the ones that are at the top. Later, when the price of Bitcoin increases, I release them. It has been seen that by doing this, a fairly good profit can be achieved. Again, it is seen that sometimes a profit cannot be achieved. However, in my case, there have been no such losses because of the ones that are fairly visible.
I focus the most on the coins that have low risk because it is seen that the possibility of losing them is very low. If it can be done with understanding, then a fairly good profit can be made from the alt season.
Yes and if you look at the current price, I don't think it's the right time to collect because I think the current price is quite expensive. That's compared to the lowest price last year. It's true that we have to avoid risks so that it can run smoothly and not be carried away by lust. We have to have a plan and a target
I feel like bitcoin price is ALWAYS low, sure it may go down after you buy, and you will regret buying there, but the reality is that we are going to see it bounce back anyways. So there are two options, either you buy bitcoin and it goes up, or you buy bitcoin and it goes down a bit but then goes up a lot more.
So in both cases you earn, the trick is to learn how to hold, there are people who bought at 2021, waited until now, and made double the profit they did, and they did so, by learning how to wait. If you do not do that, then you are not going to get what you want, and that would not be a good idea, too many people panic sell and that results with them losing money, I suggest not doing something like that and keep holding.
Yes, I believe that, the thing that is most feared is panic selling because you see prices in the market continue to fall. This will definitely have an impact on anxiety if that happens, so from this I am always careful when making a purchase to start holding