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Part2 continue
Bitcoin is the most dominant
Once prices start to rise, FOMO investment kicks in, causing a snowball effect which drives altcoin prices even higher to astronomical heights for a short period of time
Many investors can make the majority of their profits for the year during an Altseason if they are able to sell their altcoins before Altseason ends and prices fall back to earth.
Because make no mistake although at season created by fomo, greed and a snowball effect is absolutely great.
These prices are also very overvalued by the very same principles at that point in time.
And they will come back once the hype subsided
The simple rundown?
- Get ready when bitcoin runs.
If you own a decent share of your portfolio in btc, consider to DCA-out of bitcoin and move into ethereum and leading high caps.
- Get ready when ethereum runs.
If you own a decent share of your portfolio in these, consider, Consider to DCA-out of these and move your funds and possibly go all into low caps micro caps and presales here.
Take notes of the current narrative as well. These will enjoy even higher multipliers.
- Get ready when alts run.
This is the endgame of the cycle.
While it will last for multiple months, it's here when you want to take FULL profits without rotating.
It's here where you want to take a similar approach with a DCA-out strategy into stables or fiat to make your life for the better.
There will be no perfect indicator to time the end of an alt season.
Hence why I usually refer to using a DCA-out strategy for simple purposes.
There are other ways but if you don't consider yourself a professional trader (and imo, most of us aren't) then avoid those.
Understanding the natural flow of the market can be pretty game-breaking if you play it well.
Especially if you move BEFORE the others do.
What else do you think happens when you own these assets before the herd follows?$BTC