๐ The Ultimate Guide to Altcoin Season: How to Maximize Profits ๐ค
Hereโs a step-by-step breakdown of "The Path to Altcoin Season" so you know when and where to put your money! ๐ก
1๏ธโฃ Genesis Phase (Bitcoin Dominance) ๐
๐น Bitcoin bounces from key support levels and takes the spotlight.๐น Money flows into Bitcoin first, as the market begins to recover.๐น Altcoins stay quiet during this phase. Donโt rush into them yet!
2๏ธโฃ The Belief Rally (Bitcoin Consolidates) ๐ช
๐น Bitcoin breaks major resistance, and sentiment begins to shift.๐น Altcoin frontrunners (large-cap altcoins) start outperforming Bitcoin.๐น Bears start exiting, while market makers position for liquidity grabs.๐น Example: Ethereum often moves right after Bitcoin shows signs of stabilization.
3๏ธโฃ FOMO Phase (Altcoins Begin Exploding) ๐
๐น Bitcoin smashes new all-time highs, drawing massive attention to the market.๐น Altcoins gain traction, with mid-cap projects outperforming.๐น Retail FOMO kicks inโprojects with strong narratives or hype start surging.๐น Look for coins with solid fundamentals or trending use cases.
4๏ธโฃ Euphoria Phase (Altcoin Mania) ๐ธ๐ธ
๐น Your friends and family start asking you about crypto for the first time.๐น Random unknown tokens pump by 1,000% in a day.๐น Everyone is glued to their charts, trading 24/7.๐น Big Tip: This is the peak risk period. Start taking profits as euphoria builds!
5๏ธโฃ The End (Market Collapse) ๐
๐น Most people ignore sell signals, believing the market will go up forever.๐น Scams and rug pulls become rampant as low-quality projects collapse.๐น Bitcoin dominance starts rising again, signaling a reset of the cycle.๐น โSmart moneyโ has already exited, leaving retail traders with heavy losses.
๐ How to Use This Guide Effectively
Focus on Bitcoin first: Wait for BTC to establish a strong trend before entering altcoins.Watch Ethereum closely: Itโs often the frontrunner for altcoin momentum.Take profits gradually: Donโt get caught holding bags when the cycle reverses.Avoid Sh*tcoins at the peak: The end of the cycle is when most scams occur.
๐ก Pro Tip: Follow money flow in this order:
Bitcoin โ Frontrunners โ Ethereum โ Altcoins with narratives โ Sh*tcoins.
๐ฌ Share this guide with fellow traders! The next Altcoin Season could make or break your portfolio!