Are most of you guys willing to hold bags of alts thru the next bear cycle? If there is one of course?

Are you mentally planning for what you’ll do if BTC makes a lower low than 28810 this weekend? I am beginning to try to devise a strategy.

We know alts will dump if BTC goes lower. There is TA suggesting it’s possible.

There is also TA that suggests we can go down but make a ‘higher low’ in which case BTC can confirm the recovery pattern it is currently in and then go make a new high.

To the many newbs here: learn to be OK with swings and form a plan.

Personally, I already trimmed down my Alt holdings (but not all the way) and I will have a plan of what to do with a lower low by the end of the day. I have a small short locked in just in case we go into free fall too.