Regarding when to buy altcoins, honestly no one can say for sure. But I have found a relatively reliable approach to share with everyone.
The core logic is quite simple—refer to the extreme price levels around significant market shock events, then add a 10% upward margin as a reference range. Why? Because in such extreme market conditions, liquidity dries up, and institutions cannot effectively maintain prices. These extreme points often genuinely reflect the bottom support levels of the coin.
Specifically, consider some iconic coins: ENA around 0.1313, DOGE near 0.095, ADA at 0.27, LINK at 7.9—adding a 10% upward space to these levels makes them worth considering as bottom-fishing targets. The logic is straightforward: since big players can't protect prices during extreme conditions, the prices around these levels might truly represent the coin's bottom value.
Of course, trading is never absolute. Not all altcoins will obediently return to these levels; market variables are too many. Therefore, this 10% fluctuation range is necessary—to leave some room for error.
There is also a particular type of coin to watch out for: those that have already fallen below the lows of that shock event. Honestly, I advise you not to touch these coins. Either their fundamentals are problematic, or their market cap is inherently fragile. Instead of hard bottom-fishing here, it’s better to wait and see if clearer support signals emerge. After all, the difference between catching a bargain and getting trapped is just a mindset away.
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Regarding when to buy altcoins, honestly no one can say for sure. But I have found a relatively reliable approach to share with everyone.
The core logic is quite simple—refer to the extreme price levels around significant market shock events, then add a 10% upward margin as a reference range. Why? Because in such extreme market conditions, liquidity dries up, and institutions cannot effectively maintain prices. These extreme points often genuinely reflect the bottom support levels of the coin.
Specifically, consider some iconic coins: ENA around 0.1313, DOGE near 0.095, ADA at 0.27, LINK at 7.9—adding a 10% upward space to these levels makes them worth considering as bottom-fishing targets. The logic is straightforward: since big players can't protect prices during extreme conditions, the prices around these levels might truly represent the coin's bottom value.
Of course, trading is never absolute. Not all altcoins will obediently return to these levels; market variables are too many. Therefore, this 10% fluctuation range is necessary—to leave some room for error.
There is also a particular type of coin to watch out for: those that have already fallen below the lows of that shock event. Honestly, I advise you not to touch these coins. Either their fundamentals are problematic, or their market cap is inherently fragile. Instead of hard bottom-fishing here, it’s better to wait and see if clearer support signals emerge. After all, the difference between catching a bargain and getting trapped is just a mindset away.