Top Strategies To Gain Maximum Profits During ALT Season
As we all know, in every bull run, there is an ALT season. In the previous bull run, 80% of solid alt coins made 50X or 100X returns. However, in this cycle, it won't happen because competition is very high. Some solid projects will do 50X, but most will go 5-10X max.
Today, we will share strategies to help you make up to 50X returns.
What is ALT Season?
In ALT season, alt coins pump more than BTC. BTC becomes stable, but alts pump hard. During this period, BTC dominance decreases, and alternative coins' dominance rises.
Tips to Detect ALT Season:
1. BTC Dominance: BTC dominance falls when money flows from Bitcoin to alt coins.
2. Rapid Growth in Altcoins: Many altcoins see sharp price increases.
3. Increased Interest in Specific Category: ALT season may come in specific sectors.
Money Flow
Money flow indicates buying and selling pressure. Understanding money flow provides insights into market trends and investor behavior.
In crypto, money flows in a cycle: Bitcoin, Big Cap Coins, Mid Cap Coins, Low Cap Coins, Bitcoin, fiat.
Get ready to invest in ALT season!
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