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✍️ The idea of "going out in October" seems reasonable at first glance...
But practically, it is considered one of the worst decisions that any trader in alternative currencies can make.
Take the example $APT :
The currency is down -83% from the peak.
The recent drop of Bitcoin? Almost -14% only on APT
If you have been patient for a year and a half with an 80% drop...
And you sold because of a small movement of Bitcoin?
This is not risk management... this is a completely emotional decision.
Most likely, he has 5–20 coins in his wallet.
Therefore, it is wrong to give a general "exit" without knowing its token, its entry price, or its project.
And if you advise someone to exit... you must provide them with an alternative entry, because most followers do not trade Bitcoin at all.
Those who wait 18 months for an 80% drop...
And he sells due to a 15% drop, which did not solve the problem... but rather led to a bigger psychological crisis.
In short...
Do not exit a collapsing altcoin except to switch to a project that is actually rising.
Leaving solely due to Bitcoin's movement... is unprofessional and has nothing to do with understanding market direction.