For many, this altcoin season marks a launch
promising. This is the time when many people
craving to become wealthy, wishing to see your assets multiply
100 times or even 1000 times. However, the reality is that the phase
this will challenge your patience and resolve in a
seriously.
So what awaits you in this altcoin season?
You will not be able to resist checking the growth of your portfolio every day.
Dreams of your assets skyrocketing as altcoins peak will often appear.
You may feel like sharing your successes with others, even if they are not very interested in the field
this.
Each adjustment or when a coin reaches a new high will
makes you feel like you want to invest more.
The temptation to violate your own rules about risk levels and investment size for each type of altcoin may arise.
When altcoin season lasts, you may find yourself interested in
lower quality projects.
This will truly be a tough test. Only those who can
maintain calmness and endure significant fluctuations, like
drop 30%, 50% or even 70%, and embrace the rallies
impressive growth of 100%, 300% or 500% is what truly succeeds.
So what should you do to prepare?
Detailed planning: Clearly define your goals and decide
predetermine the withdrawal point.
Set realistic expectations: Do not set unrealistic goals
reality.
Hoard when prices are low: Monitor the RSI indicator to know when to
buy or sell.
Identify signs of the end of alt season: Pay attention to signals from
communicate and chart to recognize when this period may
end.
Most importantly, maintain humility and rationality. Only those who
calmness and conscious action can truly seize the opportunity
this. Wishing you success in your investment journey!
#Write2Earn! #Write&Earn #Uptrend