$PEOPLE The bottom of the altcoins is rising, can we still buy?


The crypto world is like this, bought then it drops, sold then it rises, always feeling a step behind. Actually, it's psychological factors at play.
Price fluctuations are normal; we're not gods, we can't buy at the lowest point, nor sell at the highest.
As I mentioned before, eating the middle part of the fish is best; there's no need to fuss over the head and tail meat.
$1 cost, sell at $2; $3 cost, sell at $6, the profit is the same (fees ignored), isn't it?
The key is to manage your position well:
1. Building a position: In the beginning, consider buying a few coins, what percentage each coin should occupy, the total should not exceed 30% of the total portfolio.
2. Adding to positions: Two methods,
a. Dollar-cost averaging, buy a fixed amount weekly or monthly.
b. Proportion, buy a certain amount after a percentage drop, to lower the average cost.
3. No full position: Keep at least 10% cash to add to a coin during dips, lowering the average holding cost.
As long as the holding cost is relatively low, you won't fear price fluctuations, and can steadily hold through the bull market.
This is a simple position management method, definitely not comparable to professionals, but it's straightforward and very practical.
Now, it’s clear that most altcoins are already very low compared to 2024 (some have dropped over 90%), basically at a point where they can't fall much further.
As long as the price is not far from the bottom, adding to positions to lower the average cost is a good holding strategy.
Brothers, do I make myself clear?
Follow me, don’t get lost, let’s achieve wealth together in 2026! $PEOPLE
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