Whether or not we’ll see a mainstream $BTC correction to the low 60s or mid-50s, one factor is evident — sitting on the sidelines along with your potential spot capital is nothing in need of reckless.
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Think about ready months, and even years, for the Altseason solely to look at it unfold as a spectator. Why? Since you needed to “purchase again 5–10% decrease.” Sounds laughable, doesn’t it? You’d be chasing peanuts whereas risking the chance to trip the subsequent large wave.
However right here’s the query you really want to ask your self: In case your altcoins are poised to rise 3/5/10x, is that further 5–10% low cost really well worth the threat of being left behind? I extremely doubt it.
As I’ve at all times mentioned, right here’s the playbook: Comfortably sit in your spot baggage and chill.