First on the market is always BTC - it is the flagship of the market that sets the trend and all other coins follow.
Imagine that the crypto market is an hourglass⏳
If the hourglass is turned over, then the sand (money) will flow into other altcoins.
❗️This process is not quick and takes months (not just a few minutes as many think).
Therefore, in your portfolio, the majority of assets should be in BTC, as it has the least risks among all cryptocurrencies.
If you plan to earn in this market for a long time, then initially you need to build capital not in $, R or €, but specifically in BTC💰
Most people do not have BTC in their portfolio thinking that they can get x's on altcoins, but not on BTC.
This was confirmed in Dubai when we spoke with the top players in the crypto industry.
All of them are betting exclusively on altcoins! And only a few have BTC in their portfolios.
📈 Who grows after BTC?
Over time, the sand (money) lowers and gradually fills the 'bowl of altcoins'.
After BTC, the money flows into #ETH and the top 10-20 coins.
Right now we are at this stage.
And already at the final stage, the sand (money) flows into the remaining altcoins.
And the long-awaited altseason begins, which really brings x's.
Yes, some altcoins are already shooting up +50-150% 🚀
But the dominance of altcoins in the market is still at a record low value.
Just imagine what awaits us when the dominance of altcoins starts to rise.
🕯 Technically, in terms of the dominance of altcoins, we are still at the lower boundary of the long-term rising channel.
Moreover, we have already confirmed a false breakdown downwards of this channel and returned to the trading channel at a record volume.
We have already broken through the local descending trend line a long time ago and even tested it from above.
Therefore, altcoins have not yet started their rise and everything is still ahead!
✔️ Remember that the trading strategy should have a strong foundation.
Ideally, all your capital should rely on different supports:
1️⃣ Financial cushion (the most important support).
2️⃣ Long-term portfolio (the strongest and most stable support).
3️⃣ Medium-term portfolio (the most promising support)
4️⃣ Other financial instruments: trading robot, real estate, business (support for constant income and saving funds)
5️⃣ Short-term portfolio (support for expressing emotions through speculative trading)
Check how reliable you have built your foundation.
🤟 Did you like the review or want to understand cryptocurrencies and technical analysis better?
➡️ #cassius_trade Look for us in Pavel Durov's social network.
#dyor #crypto2024 #Bitcoin #bullrun
