I was one of the first people to publicly invest in altcoins and have experienced two bull markets, so I speak with confidence. Some people ask me, “Fei Ge, why didn’t you take profits after earning 4.5 million during the last cycle from November to December?” What I want to say is that the true cycle hasn’t arrived yet, and the altcoin rally hasn’t officially begun.
The last cycle was, at best, a general uptrend driven by Bitcoin, which led to a broad market rise. It wasn’t the true altcoin season. Most altcoins in that period only increased 3 to 4 times, so I chose not to take profits but to keep holding. After going through two bull markets, I understand deeply that the real cycle bull and explosive bull market are still ahead.
The real altcoin bull market is expected between May and July, as many favorable events will unfold after June. This will trigger a full-blown explosive bull run, and the second wave of the main uptrend will definitely outperform the last one from November to December.
In a true altcoin season, 6 to 10 times gains are normal, 10 to 15 times shows good insight, and 15 to 30 times requires excellent targets and strong judgment. Altcoin hype is rising, which means the season is either beginning or has slowly started.
Currently, the bottom prices have risen about 20%, but altcoins are still near local bottoms. This is a great time to accumulate. Based on past experience, prices are unlikely to drop more than 15% from here, so it’s a relatively safe entry point.
I’ve already allocated 2.6 million into altcoins and will continue adding to positions in DOT and FIL. Now, all I need is patience—to hold and wait. Altcoins in the top 50 market cap are at good entry prices. Choose your targets wisely, buy, hold, and wait for the second wave of the main bull run. I will let you know when it’s time to take profits—stay tuned to Fei Ge.