When should you sell all your Altcoins? #altcoins #crypto #bitcoin

The Federal Reserve's balance sheet reduction plan, announced in early 2022 and implemented in May, coincided with a peak and subsequent decline in altcoin prices. Using the Federal Reserve's statements and balance sheet data as signals, selling altcoins around the summer of 2022 would have allowed investors to avoid significant losses during the subsequent downturn.

Federal Reserve's Balance Sheet

• 00:00:05 The Federal Reserve announced plans to reduce the size of its balance sheet in early 2022 and began the process in May 2022. This reduction in the balance sheet acted as a signal for a potential downturn in the cryptocurrency market, especially altcoins.

Altcoin Price Decline

• 00:01:02 By September 2022, most altcoins had already peaked and were no longer profitable. Exiting altcoin investments around the summer of 2022, in response to the Federal Reserve's balance sheet reduction, could have helped investors avoid the subsequent significant price decline. The speaker suggests using the Federal Reserve's statements and balance sheet data as indicators for future cryptocurrency market decisions.