So people who have been around since 2017 when are you buying back in?

I was astounded just how low my alt portfolio went in 2018 and 2019. So many good buying opportunities. I was able to take advantage of them a bit, but not nearly as much as I would have if I’d sold on the way up in late 2017.

From the peak of early 2018 to the very bottom, my portfolio was down 98%!

This time I sold on the way up in 2021. I ended up selling out completely.

I am not waiting for a 98% drop again, but I think we’ve got a way to go yet. The same alt portfolio this time around is only down 75% from ath.

If BTC goes down another 30% I think alts would go down at least twice as much or more. Probably alt prices a 1/4 of what they are now is realistic. I wouldn’t think that would be rock bottom- that might be half as low again. In 2018, 2019 I learned that anywhere remotely near the bottom would have been good buying. For example 96% down from ath was still double rock bottom and great buying.

The dca crowd need not comment really. Or I can do it for you. Dca is the way. Don’t try to time the market. There we can move on now to some sensible decisions. (Dca near the ath in a clear downtrend is a pretty basic strategy and there is room to improve on that imo)