Many people misunderstand how the crypto market operates, especially when it comes to altcoins. Here’s the reality:

The common mistake:

Focusing on Bitcoin at its peak and overlooking the opportunities altcoins bring.

How the cycle unfolds:

1.Bitcoin takes the spotlight first.

It reaches new highs, dominates the market, and attracts all the attention.

2.Bitcoin’s dominance grows.

During this phase, altcoins seem stagnant. Many panic and assume they’ve lost potential.

Here’s the truth:

Bitcoin acts as a magnet for initial investment because it feels “safer.” Once profits are taken, funds flow into altcoins.

3.Altcoin season starts when Bitcoin slows down.

As Bitcoin consolidates, smart money rotates into altcoins, marking the beginning of their explosive growth phase.

How to position yourself:

•Identify resilient altcoins.

Look for those that hold value better during Bitcoin’s dominance—they often signal strong demand. ( $DOLAN )

•Spot early growth trends.

Projects with increasing users and clear utility often lead the charge in the next wave.

•Act before the crowd.

Success comes from moving into altcoins before the masses catch on.

Altcoin season is inevitable. The greatest returns go to those who recognize the cycle early and position themselves wisely, not to those chasing Bitcoin at its peak.#mememcoinseason2024