Altseason is the moment when the big players have taken profits from bitcoin and now the capital is flowing from bitcoin to altcoins! You must understand that not all altcoins will be profitable in the same way!
No need to focus on specific dates and try to predict the future. Your task is to adapt to the market order flow.
The first wave of momentum is buying with big capital! No one here believes in growth yet!
The last wave will be the shortest since it will already be a period of greed with a great news background so that even the latest skeptic would believe that he will become a millionaire thanks to cryptocurrency! It will be time to exit the market
When is the alt season?
Phase 1: Bitcoin
Cash flows are directed to the main cryptocurrency Bitcoin
Phase crossing | Ethereum is starting to fill up with smart money capital. The second cryptocurrency is rapidly trying to catch up and overtake Bitcoin. Ultimately, the growth of Ethereum is much more intense.
Phase 2: Ethereum
Ethereum outperforms Bitcoin. Gradually, the hype begins to rise.
Phase crossing | The flow of money is directed to highly liquid alts, alcoins with the highest capitalization. Major purchases are taking place.
Phase 3: Highly liquid altcoins
After Ethereum identified the first cryptocurrency, highly capitalized altcoins show parabolic growth.
Phase crossing | Regardless of capitalization, some altcoins with good fundamentals show tremendous growth.
Phase 4: Altseason
High-cap alts have finished their vertical growth and are starting to lose ground relative to their peaks, but since they have outpaced Bitcoin and Ethereum in terms of growth, it seems to many that this will continue. Euphoria reigns all around, memes about Lambo and millions are everywhere, the smell of phantom wealth is in the air. Medium and low capitalized assets have the same trend.
Pump Altcoin Trends But sometimes it also works in the opposite direction, like this year with Pepe Coin In order to make a decision on investing in any project, you need to conduct research. Most of the information on the coin you are interested in can be found on the website, in technical documents, main analytics platform, social networks of both the project itself and different kinds of communities connected
A very important point is how to fix profit!
Let's say you allocated capital and bought 5 altcoins! First, bitcoin begins to grow and correction begins Then one of your altcoins makes a profit and you can fix part of the profit in bitcoin, that is, sell the altcoin not in usdt but in btc You do not need to wait for a correction on this altcoin to enter again! You can invest the second part of the profit by additionally accumulating a larger volume in an altcoin that has not yet shown results and is in accumulation In parallel, bitcoin may also begin to grow, so you increase the profit that you have already recorded
Step by step you can increase your initial deposit just following the trend!