While majority of you feel like you have missed out of the recent rally, I still think the boom is not here yet, and that I am referring to an altcoin season.
Right now BTC is leading the rally, while alts are still behind, this is similar to past market phases. You still have a shot to harvest as much profit as possible in the altcoin season, infact I am capitalising on it. WHAT START AN ALTCOIN SEASON;
- BTC has rallied up much then enter into consolidation; The average retail can no longer afford a BTC, henceforth they start seeking other alternative cryptocurrencies. - BTC Dominance tops out. - Positive altcoin sentiment, and Bullish headlines.
THERE ARE TWO WAYS TO PLAY THE ALTCOIN SEASON
1. Invest in project you think will get a boom when the altcoin season start
2. Wait for the altcoin season to start and then invest in the dominant narrative and rotate accordingly as the narrative shifts.
Personally I am playing the both, concerning no1. My bet is on AI and Gaming narrative. AI to be specific, the more AI is been talked about and headlines carry it the more inflows it will get. I am likening AI narrative to the Metaverse narrative.
While most of you feel left out, you are still very early, don't fomo to buy the TOP. There will be nasty pullbacks, but overall I think we go up.
I also think the BTC dominant narrative ends when the ETF event is over, capital should flow towards Altcoins after that. #ContentStar##Gate post Highlights#
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MimiShrimpChips
· 2023-12-04 20:46
Aqueles que foram jogados para fora do carro fizeram o que fosse preciso para encontrar uma maneira de entrar no carro
While majority of you feel like you have missed out of the recent rally, I still think the boom is not here yet, and that I am referring to an altcoin season.
Right now BTC is leading the rally, while alts are still behind, this is similar to past market phases. You still have a shot to harvest as much profit as possible in the altcoin season, infact I am capitalising on it.
WHAT START AN ALTCOIN SEASON;
- BTC has rallied up much then enter into consolidation; The average retail can no longer afford a BTC, henceforth they start seeking other alternative cryptocurrencies.
- BTC Dominance tops out.
- Positive altcoin sentiment, and Bullish headlines.
THERE ARE TWO WAYS TO PLAY THE ALTCOIN SEASON
1. Invest in project you think will get a boom when the altcoin season start
2. Wait for the altcoin season to start and then invest in the dominant narrative and rotate accordingly as the narrative shifts.
Personally I am playing the both, concerning no1. My bet is on AI and Gaming narrative. AI to be specific, the more AI is been talked about and headlines carry it the more inflows it will get. I am likening AI narrative to the Metaverse narrative.
While most of you feel left out, you are still very early, don't fomo to buy the TOP. There will be nasty pullbacks, but overall I think we go up.
I also think the BTC dominant narrative ends when the ETF event is over, capital should flow towards Altcoins after that.
#ContentStar# #Gate post Highlights#