atlas = dev + degen pfp
atlas = dev + degen
@atlas-dev
Thoughts and Conclusions at the Market Bottom Altcoins are breaking new lows right now - definitely not the altseason we were hoping for, right? But despite this bloody market, I wouldn’t recommend despairing. Yeah, it hurts - I’m personally down -50% since December. But I’ve realized there’s no point in blaming myself for not selling at the December highs because, let’s be honest, alts never really pumped. A 3x from the August 5th bottom isn’t the kind of rally I (or many others) were holding for in 2024
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atlas = dev + degen pfp
atlas = dev + degen
@atlas-dev
Looking back at this situation, I wouldn’t even call it a mistake. The only real mistake I made was continuing to reinvest my profits into the market in November and December. Like many, I was expecting a proper Santa rally and wanted to maximize gains, so at that point, I was 70-75% in the market. Right now, I’m sitting on 50-60% in stablecoins because the market has dropped 3x. I’ve completely changed my strategy. I have no intention of exiting the market, selling my portfolio, or even cashing out when I hit breakeven. That’s not why I invested in the first place. Since February, I’ve decided to stop adding new funds to my portfolio. At most, I’ll occasionally buy some ETH and SOL to participate in projects.
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atlas = dev + degen pfp
atlas = dev + degen
@atlas-dev
From now on, regardless of market conditions, I’ll be locking in profits into stablecoins and increasing their share. I’ve realized that having just 20-30% in stables isn’t comfortable for me, and it gets even worse when they automatically become 50-60% just because the market crashes. Right now, everything except Bitcoin is in a clear downtrend. Since December, most alts have dropped 70-80%, even ETH is down 50%. The market is reacting to macro conditions, and things aren’t looking great - Trump, trade wars, high interest rates, you name it.
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