‘This path is for the bold’: Why I’m holding my crypto conviction despite losses
I’m not going to sugarcoat it — it’s been brutal. The only thing keeping me afloat right now is that my portfolio is weighted towards large caps. My altcoins, though? They’re a disaster. Down 70, 80, even 90 per cent. It’s the kind of thing that makes you want to shut your laptop and never open it again. But of course, I keep checking.
There’s an ongoing, sometimes panicked, discussion happening in my crypto circles. What do we do with these battered altcoins? Do we hold and wait for a miracle? Do we cut our losses and rotate into something sturdier? This week, one of our group leaders — someone who’s helped steer a lot of us through the twists and turns of this market — came out with a jarring pivot. After taking a…
