Hi Friends,
The last month has been a wild ride in crypto. The climb was healthy and steady, but the drop was fast and severe - in the end, we are about where we started:
If you held, its a non issue, except that you left some potential profits on table.
If you rotated, you probably came out in the same spot, minus some trading and gas fees.
If you held in liquidity pools, you lost some principal with all the trading between the pools and the winner being sold in favor of buying the loser in the pool, hopefully offset by staking rewards.
If you bought the dips, you are likely feeling the pain, but the dips on BTC, ETH and other bigger projects will likely be regained, so you just overpaid.
If the end of altcoin season is upon is, I need to start dumping some stuff - I don't want a repeat of 2018 where I was left holding the bag for a few years on many of these coins.
What are your thoughts and strategies right now?
Good luck,
Brian