According to BlockBeats, on September 8th, renowned trader Killa published a new article stating that although he dislikes the vast majority of altcoins and even believes that 99.9% of projects will eventually go to zero, selective participation is worthwhile as long as there are profit opportunities in the market. He believes that one of the best periods historically for investing in altcoins is when Bitcoin begins to form a bottom and slowly rises.

Killa points out that during the previous cycle, when Bitcoin rose from $16,000 to $74,000, many altcoins recorded gains of 300% to 500%; however, after Bitcoin began to significantly outperform the market and its market dominance increased further, many altcoins began to experience sharp declines.

He believes that if his judgment is correct, Bitcoin has already formed a temporary bottom, and many altcoins may have also completed their bottoming process at low levels. This means that before the real bull market expansion arrives, there may be significant potential for returns by investing in some high-quality assets in advance.

Killa revealed that he previously bought SOL at $76, and the position has now risen by about 50% from the entry price; his previously disclosed entry price for HYPE spot and long positions was $51.55, which has since risen by about 70%. He also recently shared his swing long position in ASTER, and expects that position to have at least 50% to 100% upside potential.

"Altcoins may have already bottomed out, and the real rally hasn't even started yet. Now is the time to selectively invest," he said. He added that in the future, we may see different altcoins taking turns to rise. He will continue to hold the previously disclosed positions in SOL, ASTER, and HYPE, while looking for more worthwhile targets to invest in.