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Bitcoin's recent fluctuation has caused ripples across the altcoin market, dropping from approximately $108,000 to a retest of the $100,000 mark. This dip has left many altcoins vulnerable, leading to unease among traders. However, dips in a bullish market should be embraced as opportunities. Historically, buying during these downturns has proven lucrative.
Investors should exercise caution, avoiding the temptation to continuously buy into coins they already hold substantial profits in. Strikingly, investing further into coins that have sharply increased in value can actually raise the average cost, positioning oneself precariously if the market shifts downward.