This is the way! Buy high but sell higher! 
If Bitcoin reaches an ATH of $100k, I won’t stop investing until it hits $600,000!
The original poster here is my kind of crypto sibling! Respect.
Let me know when you’re thinking of buying again. I’ll sell all my altcoins then.
I think you can break even in the next few months. Good luck!
You did what many newcomers to crypto did in 2021, jumping in near the peak. Even if you didn’t, you held on and never took profits. It’s a tricky game, and you’re a prime example of how making money in crypto isn’t as simple as people say.
People may claim this altcoin season is just starting and to hold, but it might also end sooner than they expect. You need a strategy, or you risk losing even more.
If you’re not into day trading, just stick with Bitcoin. There are over 20,000 altcoins, and guessing which one will succeed isn’t likely. If you want to hold, buy Bitcoin or stocks.
@Trevor
Your comment sums me up perfectly!
When I was day trading, I was making good profits with altcoins. The moment I decided to stop and let my wallet sit, I lost money.
Yikes. You had almost three good years to dollar-cost average into those coins and lower your cost per coin. I hope this bull run treats you well so you make good profits. Maybe try DCA more during the next bear market.
Not gonna lie, I think you’re in trouble this bull run. I don’t see you making back your initial investment.
Altcoin gains rely on popular stories. The truth is, many coins in your portfolio don’t have useful narratives, which means they probably won’t reach their previous highs again.
If you buy altcoins at the peaks, use the bear markets to lower your costs. Then, reposition your portfolio to make sure it’s aligned with current trends and narratives.
All altcoins eventually die. You must be proactive when investing in them.
@Wray
Great advice! I think I’ve learned a lot this cycle!
That OMG buy at $6 hurts.
You bought a lot of bad investments. You might get lucky and recover your money, but don’t expect 1000% returns. I have AMP, and it’s in a similar situation.
This is a perfect example of why most people should just buy Bitcoin and hold onto it for the long run.
With altcoins, people get attached to their investments and fail to take profits when they should.
Investing in Bitcoin regularly would have been boring, but imagine if that $16k had been in Bitcoin back in 2021.
So did you manage to break even?
Sell everything and invest only in Bitcoin.
If you want to take risks, maybe put 25% into Ethereum.
Tell me you bought Bitcoin instead of all of this.
How did you not consider buying any Bitcoin? This is just sad.
Just think about it. Imagine if you only bought Bitcoin.
I’m not here to judge you. If it weren’t for people like you, I wouldn’t have made a profit. Now it’s your turn to let down the newcomers and join the wealthy.
Make sure you put that in cold storage. Don’t keep it on the exchange.
Personally, I’d suggest selling most of it. When the first big pullback happens, buy back into the coins that show the least sell-offs and pumped the hardest during the initial wave.
Advancements in technology, using grid trading bots (like Pionex), staking, and DCA can make investing less painful. At least Ethereum is stakable, so you can earn some interest while holding it.