source avatarHenri

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As a basic altcoin investor, I regularly monitor Other Dominance and make spot purchases accordingly. The spot assets I buy include some for short-term trading, but since I primarily analyze weekly candles, most of my purchases are intended for long-term holding. The reason my spot buying has been at a loss so far is because I entered significant buy positions at the points marked with ✔️ (at the time, I thought those were relatively low points). Afterward, I bought a substantial portion of my spot holdings at the strong support line below, during Kaito’s yapping (it was a huge help… at this point, haha). Personally, I believe that altcoins have now formed a certain bottom, excluding individual altcoin performance variations based on market conditions. I’m now waiting for the point when liquidity is injected into the market (macro factors are crucial) and for the next cycle’s moment of major upward movement. DYOR!!

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