Stop Panicking: Alt Season Isn’t Over! Here’s All You Need to Know🚀
The crypto market often experiences a dump before the holidays, but this time it feels like more than just seasonal; it's pure manipulation. Remember, the crypto market is relatively new and easily manipulated. 😨 I've warned before about not over-leveraging because market makers and operators are out there to capitalize on your losses. 🎭 So, what should you do now?
✅Avoid Checking Your Portfolio:🔒 It's going to run back up; there's no need to worry.
✅Don't Shift Your Position: 🚫 Especially not from alts to BTC. That's precisely what market makers want you to do. Bitcoin dominance has retested, and I expect it to decrease until mid-January or early February, which means altcoins will soon pick up. 📉📈
✅Keep Emotions in Check: 😌 Letting emotions drive your decisions will only burn you. Stay calm.
✅Avoid Leverage: ⚖️ Wait for a clear breakout before you consider leveraging again.
✅Invest if You Have Liquidity:💧 If you have the cash, buy into coins that are following the Bitcoin trend.
✅Remember: 🧠 These corrections are normal between bull runs. They clear out leverage and set the stage for further gains. There's been no significant bad news in the crypto space recently. All leverage has been cleared, and liquidity is up, signaling that we'll head up soon. 🙌 Take profits when you can but stay the course.
Stay informed, stay patient, and remember, the alt season isn't over yet. 🙏🏻