Trading Psychology

🔥How to Correctly Understand Alt Season – Expectations and Reality (Part 1)

Surely people always define "Alt Season" as Altcoins x 10-30-50-100, and consider this to be the guaranteed "standard" for altcoin season. This is also an extremely big misunderstanding of this concept.

In life nothing is certain, especially money, which is not easy to earn.

This has led to misunderstandings about "ALT SEASON".

When you achieve a profit of 2, 3, or 5 times, you have made a profit (if you choose to sell)... Is this not enough to prove that you have succeeded?

This is not enough in the minds of most retail investors

By definition Altcoin season is a period where Altcoins outperform Bitcoin, not a period where all altcoins must increase at least 10 times.

So stop predicting prices with big dreams.