Yes, I mentioned the other day’s drop might have been the last shakeout, but adapting to current circumstances is key.
From current levels, altcoins could drop another 20%-40% in this second shakeout, potentially followed by a quick recovery.
I call it a “shakeout” because panic-selling during these sudden moves is a mistake. The right move is to stay calm and add to your position, since this should be an accumulation zone.
Let's see!
From current levels, altcoins could drop another 20%-40% in this second shakeout, potentially followed by a quick recovery.
I call it a “shakeout” because panic-selling during these sudden moves is a mistake. The right move is to stay calm and add to your position, since this should be an accumulation zone.
Let's see!