What to Do When Altcoin Season Comes?

Identify the Stage of Capital Flow: To maximize profits, it’s best to invest when new capital flows into Altcoins that haven’t experienced significant growth yet. This helps you anticipate trends and take advantage of market growth when capital begins to pour in.Identify Valuable Altcoins and Capital Flows: Analyzing coins doesn’t necessarily have to be completely accurate; just identifying the market’s capital flow into which type of coin can significantly increase the likelihood of profitable investment. Examples include ICO trends, DeFi, exchange tokens, etc. The latest trends are projects running on DOT or Binance Smart Chain. Monitoring these trends can help you identify potential investment opportunities.Make an Investment Plan: Clearly define the amount of money you will invest, the expected profit margin, your entry and exit points. Establishing a clear plan and adhering to it with discipline is the key difference between professional and amateur investors. A detailed investment plan will help you maintain discipline and maximize profits.Determine Whether Altcoin Season is Real: This is extremely important because temporary price trends in the market can make us think that Altcoin Season is approaching. Don’t rush to invest when the market shows temporary growth signs. Analyze carefully to determine whether Altcoin Season is really coming to avoid investing at the wrong time and losing money.