This alt season is entirely leverage-driven so far. A 5-10% dip in Bitcoin can cause a diarrhea-like crash in altcoins. Leverage traders must be extremely careful, keeping their liquidity deep and using very low leverage. High leverage equals death in this market. When buying any token, check how far it is from its all-time high.

Currently, even inexperienced investors, like grandmas and grandpas, are entering the market. They don’t understand market cap and only see how low a coin is from its all-time high, thinking of profits if it returns to that level.

For example, XVG: if it goes back to its all-time high, it would need a 50X increase. These investors, seeing such potential, are blindly buying. Dinosaur coins like EOS, which have had no news in the past two years, pumping, are a sign that “dumb money” is entering the market.

At Christmas or Thanksgiving dinners, these people discuss which coins to buy. Someone mentions a coin that did 100X in the last bull run, and others rush to buy it.

Your task is to identify coins that haven’t done a 2X yet and are still far from their all-time highs. Search, analyze, and trade wisely. Holding dollars won’t bring profit; take some risks. If you don’t take risks in this market, when will you?