Master the 3 stages before the Bull-run to become a millionaire in 2025. The last stage is the craziest!
Investing successfully in the crypto market is not simple. We are about to enter the Uptrend but there are still 3 stages of preparation and once you grasp it, you will make great profits from your capital. Details are as follows:
Stage 1: Bear Trap. After Bitcoin Halving, the market lacks narratives to continue creating FOMO after a long period of price increase. A healthy correction and a large enough amplitude that will eliminate patient investors is a must. This Bear Trap period has been going on since mid-March until now and seems to be coming to an end.
Phase 2: Bitcoin surges alone. Bitcoin price increased but the money flow into altcoins was quite small. BTC Dom also increased sharply, causing some altcoins to decrease in price. This is a very challenging period for Altcoin holders when many altcoins in the portfolio do not increase in price.
Phase 3: Altcoin Season. This is the craziest period of the market when the altcoin you hold increases rapidly 5x 10x in just a few weeks. Old investors are continuously profitable, attracting new investors to enter the market with huge liquidity. This is the true peak of the entire cycle!