What to do when Altcoin Season comes?

Determine what stage the capital flow is at, it is best to invest at a time when new capital flows into Altcoin but the market has not yet increased strongly.

Determine which Altcoins are valuable and have capital flowing in: Coin analysis does not necessarily have to be accurate, but just by determining which coin the market's capital flow is flowing into, the likelihood of profitable investment is higher. Certainly, for example the trends of ICO, DeFi, exchange coins... Most recently are Blockchain projects running on DOT or Binance Smart Chain.

Investment planning: Determine how much you will invest? What is your expected profit? Where are your entry and take profit points? Determining a clear plan and disciplined implementation is the biggest difference between professional investors and amateurs.

Determine whether Altcoin season is really coming or not. This is extremely important because the temporary uptrend of the market can make us have the illusion that Altcoin Season is coming and rush to invest, but the market quickly cools down, causing us to lose money.

To trade Altcoin successfully, you need to understand the dynamics of the Crypto market. Trading Altcoin in particular or cryptocurrency in general is similar to trading foreign exchange. However, for the electronic market, all transactions are not subject to the supervision of any other third party.