Gala rises sharply during bullish periods; this coin can be played in three stages during each bear-bull cycle.
First stage: Enter at the bear market low point. Typically, when transitioning between bear and bull markets, the increase is around 300-400% before switching to BTC. For example, buying Gala when BTC was at 17,000 resulted in about a 4x increase from January to March 2023.
Second stage: Enter during the consolidation phase after a minor bullish period. Buy when BTC pulls back to around 20,000.
Third stage: Accumulate during the early stages of a major bull market, which is now, reaching mid to late stages where daily increases often reach 30%. Expand profit targets, and sell in batches until this bull market ends.
This is how I played this round. At the end of last year, I bought 100,000 USD worth of Gala when BTC was at 17,000, and after a 4x increase, I switched back to BTC. In June to August this year, I bought 3 million Gala, planning to sell in batches from February to April and then in October to November next year. In the next round, I will play this way again, only with familiar coins. Oh, no, I'm retired now, just messing around.