Crypto follows Bull and Bear Cycle, if you are a newbie, most probably you got in crypto in a Bull Cycle, for some time you saw the price go up and up and you take it for granted that prices will continue going up. You keep holding your coins until the market crashes. You think its a simple correction like the multiple 30% correction you’ve seen before but crypto always comes back right. The unlucky ones even buy the dip or DCA (Dollar Cost Average). After 50% correction things start to get ugly. Alts looses value more than BTC… portfolio is shrinking. Best bet here is not to do anything and wait for the dead cat bounce (that can take months) to sell everything and stay in stables. CT (Crypto Twitter) will be a warzone at this time. People will tell you to buy now at these great prices or have fun staying poor. Trick is to wait for the full Bear to take effect…generally 1 year from all time high. During that time BTC and all alts will be obliterated. Many alts will go to zero. When it feels like BTC has cooled down on the chart might be the very best time to buy in BTC again….