Strategies for Dealing with the Altcoin Season
1. Take Profits in Batches: When altcoins surge, be rational and take profits in batches to avoid missing the exit opportunity due to excessive greed.
2. Avoid Chasing the Surge: Be cautious when chasing altcoins that have risen too much in a short period to avoid becoming a high-price buyer.
3. Monitor Market Sentiment: When the market becomes overly optimistic, it’s essential to stay alert and pay attention to changes in market capital flows.
Summary:
The altcoin season is both the final celebration and the biggest trap. In the face of crazy gains and seemingly invincible opportunities, staying calm and making rational judgments is key to protecting profits and avoiding risks, because after the altcoin season ends, many people may realize that what they were chasing was not wealth, but rather a deep pit of "never-ending opportunities."