People think that the bull season is a continuous rise, but it is not like that... There will be dumps that will make you believe that the season is over... Some people should be afraid, indecisive, and fuel the market...
Let me talk a little bit about what can be done against this. In the upcoming period.#altcoins I have no doubt that it will outperform #Bitcoin. Even when#BTCis dumped, some#altcoinswill experience incredible pumps. The reason is that the altcoin that will appreciate is sold by many people when#BTCis dumped, whereas those who know that it will appreciate and the bull season will continue flock to that project...
So what can be done against this? HODL is a good strategy in such periods, but not every project is HODLed, only 'reliable' projects that are not working, that are stagnant, and have a clear macro target are HODLed. High volatility projects are not HODLed, you can buy and sell them, low m.cap projects and#memecoinsprojects are examples of this. The level of volatility in these also offers profitable buy and sell opportunities. However, buying and waiting for the projects I mentioned first in the right place will be the best strategy in this process, because you will not know when they will pump. You have to know how to look at which project and how much you should invest... At the same time, constantly keeping cash on hand allows you to manage your risk and not miss opportunities.
In short and in summary, we have a long and beautiful process ahead of us, but the important thing is to be able to manage this process. Many will earn incredible money but will not be able to keep it because they will want more... Some will 'play' cowardly and constantly press the buy-sell button, accepting small profits but will be eliminated without seeing the big picture...
In investment markets, when you have money to compensate for your investment even if it goes bankrupt, you make investments comfortably and without stress and the door opens to great wealth... However, when you are in the markets until your last penny or when you enter with credit or debt, you sleep and wake up with the buy-sell button and this brings not only material but also moral losses. If you enter this market with a portion of your own capital, with an amount that will not matter even if you lose, and try to see the big picture, profit will come.
Follow the trend, follow the cycle, get rid of emotions, know the risk, set up your system and try to see the big picture, the rest will come.
#Bitcoin ve #altcoins for the latest status:https://app.binance.com/uni-qr/cpos/17368783320250?l=en&r=71640153&uc=web_square_share_link&uco=T8o8QPLQH-VcjolOk8ccVA&us=copylink