Altseason is inevitable, and making your first million = creating positions when others fear. You need:
• Strong portfolio
• Bull market trend
• Knowing how to spot different market stages
Here's a COMPLETE PLAYBOOK on how to play out the upcoming altseason
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We might be in the shakeout stage, with many alternative assets hitting depression-era prices. Despite hesitations, the market is offering a rare chance to invest again, possibly the last one.
Metrics suggesting growth ahead:
• Funding is adequate
• Trading volume remains low
• YouTube metrics are minimal
• Trends data isn't showing significant increases yet
How can we use this to our advantage?
Understand traders' emotions to predict market trends. Fear and greed drive the market & always will.
Applying this knowledge:
"Sell when everyone is buying; buy when everyone is selling." Currently, we're in the fear stage, making it an ideal time to build your positions.
Best approach:
Employ the DCA strategy, as predicting the market bottom is impossible and prices might continue to fluctuate. This helps investors lower their average purchase price and mitigate market volatility.
Researching altcoins:
DYOR on altcoins ranked 100-500 by market cap:
• Visit: @coingecko, @CoinMarketCap & others
• Filter altcoins based on your criteria
• Identify those declining the most but showing significant development
Analysis:
• Ensure the team is genuinely interested in the project's growth and community
• Review the project's official documentation and tokenomics for valuable insights
• Examine the project's goals and progress
Before investing:
Establish a clear take-profit strategy. Determine entry and exit points to avoid relying on luck. If the asset's price increases rapidly and the trend is strongly bullish, consider selling 25-40%.
