Those who enter early or late all fall into this trap.
- Entering early means expecting the Altcoin season to explode to xx, but
+ The position is obviously not good.
+ It's mandatory to DCA for a long stretch.
+ You must have faith because the market + coin fluctuates based on news, FUD, and various factors that easily affect psychology.
- Coming in later, I've witnessed the Altcoin Season happening, so I have a lot of faith.
+ A bad position can easily lead to a peak.
+ Usually DCA on the other side of the hill and DCA until the bottom of the downtrend.
+ Usually using large capital and going all-in.
So there's still a case for people entering at the right time!
This case exists, but not everyone can do it, and not everyone can hold their positions.
- This group mainly consists of traders, so they frequently enter and exit, making it easy to hit the golden timing of the Altcoin Season. However, the downside is that as traders, they tend to lock in small targets, leading to premature exits.
- The risk is locking in prematurely and getting caught in a big trap for revenge or opening a short => disaster.
Everywhere is a trap, so be careful, know where you are and your position to act flexibly.
And I swear that no matter how big the Q1 uptrend is, the final result is that only a few will benefit; dreaming of eating as a whole herd.
Remember to set goals and retreat before it's too late.
#BTC☀️