Altcoin Season is increasingly resembling a trap!
Whether you enter early or late, everyone falls into this trap.
- Entering early, the expectation is that the Altcoin season will explode, but
+ The position is obviously not good
+ You have to DCA for a long time
+ You must have faith because the market and coins fluctuate according to news and FUD, which can easily affect psychology.
- Entering later means you have witnessed the Altcoin Season unfold, so there is a lot of confidence
+ The position is poor and it's easy to buy at the peak
+ Usually DCA on the other side of the hill and DCA until dead until the downtrend bottom :))
+ Often investing heavily and going all in
So what’s missing is the case of 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 because they enter and exit frequently, so the probability of hitting the golden moment of Altcoin Season is easier, but the downside is that as traders, they have short targets, which leads to premature exits.
- The risk is the bitter taste of exiting prematurely and falling into a big trap for revenge or opening a short => Disaster.
Everywhere is a trap, so be careful, know where you are and what your position is to be flexible in your responses.
And I swear, no matter how big the Q1 Uptrend is, the final result will only allow a few to profit, dreaming of eating the whole flock.
Remember to set goals and then retreat before it's too late.