In the context of the crypto market entering a correction phase, many investors feel confused by the sharp fall of various coins, especially the altcoin group. However, if we calmly observe, we will see that such corrections are not rare in market cycles. The important thing is to have a clear strategy and maintain confidence in core projects.
BTC and ETH – The Pillars of the Investment Portfolio
When the market is highly volatile, BTC and ETH are still the safest havens. These are two coins with high liquidity, widely recognized by the community and institutions, and have fundamental value in the crypto ecosystem.
BTC: Still holds the role of a digital reserve asset, similar to "digital gold". ETH: The platform for an entire ecosystem of DeFi, NFTs, and decentralized applications.
For investors who are often swayed by the fluctuations of altcoin, the simplest way to maintain a stable mindset is to increase the proportion of BTC and ETH in the portfolio.
Altcoin – Not All Are Worth It
The truth is that altcoins tend to be more volatile, causing many people to feel scared when the market falls. But that doesn't mean all altcoins should be dismissed. Among them are leading projects in each niche, possessing strong communities and real-world applications.
For example: Chainlink (LINK) – a leading oracle project that provides critical infrastructure for DeFi.
In the past, when LINK was at 26 USD, I shared that if you wanted to buy, you should wait for it to adjust to 22 USD. Recently, LINK has fallen to this price range, and I have bought a portion, however, I only allocated a small percentage, not rushing to accumulate a lot.
The reason is that I look to the future during the bullrun, not at short-term fluctuations. LINK still has a lot of potential in the next cycle, but managing capital and deploying it step by step is the key to safety.
When to Cut Losses or Switch to BTC/ETH?
Not every project is worth holding long-term. If an altcoin you hold does not have a clear position in the industry, lacks community support, or has a poorly transparent roadmap, then holding it will only make you more anxious.
In this case, it is best to cut losses or switch to BTC/ETH.
In fact, what makes most investors uneasy is altcoin, not BTC or ETH.
Hold a Strong Mindset – The Key to Success
The crypto market is inherently cyclical. Sharp falls are not the end, but often serve as a stepping stone to prepare for the next growth phase.
If every time an altcoin falls sharply it causes you to lose sleep, then you should restructure your portfolio towards a safer direction. If you have long-term faith in the top projects, then be patient and hold firm to your strategy.
Conclusion
The crypto market is always volatile, but confidence and new strategies determine success.
Hold BTC, ETH as the backbone. Select some leading altcoins like LINK when the price reaches an attractive range. Avoid letting low-quality projects make you worry.
Remember that: a bullrun is not for the faint-hearted, but only rewards those who are patient and know how to manage risks.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Maintain Confidence in Market Turmoil – Why Prioritize BTC, ETH, and Some Leading Projects
In the context of the crypto market entering a correction phase, many investors feel confused by the sharp fall of various coins, especially the altcoin group. However, if we calmly observe, we will see that such corrections are not rare in market cycles. The important thing is to have a clear strategy and maintain confidence in core projects.