How should the altcoin season be arranged? If you hope to reap profits at this stage, you must be clear about the following key directions.
First, I believe the surging altcoin season has not truly arrived; the scenario of rampant liquidity may not have been witnessed by most people, and it will be a moment when prices surge to the point where you can't control them.
Only when Bitcoin's funds overflow can altcoins truly soar. So, how should we select high-quality coins?
First, choose the track. Select new ones and discard old ones; the old tracks have already experienced a round of rises and often perform unsatisfactorily in the new bull market phase. Coins like BCH, UNI, and EOS are outdated and should not be considered. Currently, the popular tracks are new sectors like DeFi, Meme, and AI, so pay more attention to leading coins in these areas.
Second, evaluate market capitalization. Coins with a market cap too high, such as those exceeding 2 billion, generally have little room for further increases. Coins with a market cap that is too low may not be very active and even carry the risk of being delisted, so it is best to focus on coins with a market cap between 50 million and 1 billion, which is more suitable.
The most critical point that has emerged is the allocation of funds and management of positions. Never put all your eggs in one basket; otherwise, you will suffer significant losses. It is essential to reasonably avoid risks.