OLD POST POSTED 1 MONTH AGO ON X
#crypto bull run cycle: BTC pump -> ETH + highcaps pump -> altszn
Altseason is just around the corner.
I’ve been through 2 altszns, turning <$1k into $5M+
50x–100x on ur entire portfolio is possible if you know how to play it right.
Here’s my playbook 🧵👇
1/➮ Everyone has split into 2 types: believers in altseason and not believers
✧ However, succeeding in the crypto requires emotional discipline
✧ You should ignore all the FUD, and other people’s opinions, do your own research, and understand it yourself
That’s what I did👇
2/➮ Following last month, $BTC grew by 50%, breaking a new ATH daily and reaching the $100k and more (last month photo)
✧ Nevertheless, a significant number of individuals shy away from investing in BTC, thinking it’s overvalued now
And during this period, alts have underperformed compared to BTC
3/➮ imo, this moment represents the ideal opportunity for most of you to start accumulating positions
✧ And in this thread, I will explain why the altseason will start soon and what to do during it
Let's dive in👇
4/➮ BTC Dominance
✧ BTC.D has gone sideways along with the value of $BTC
✧ It can also be seen that BTC.D is starting to form a downtrend move
✧ This means that liquidity is already starting to flow into altcoins
5/➮ The altcoins Season Index
✧ The altcoin index now mirrors levels from Nov 2023, a period that preceded significant 2-10x gains for numerous alts
✧ Rn, one of the biggest altseasons is about to begin
✧ History shows that this is almost always the ideal time to buy alts
6/➮ Old High-cap coins
✧ Old high-cap coins are starting to show growth
✧ These include $XRP, $ADA, $DOT, and many others
✧ This is usually how a big altseason begins, with a 30-50% growth in old high-caps
8/➮ Market Psychology
✧ There is a certain cycle of market psychology that is best seen with the Wall Street Cheat Sheet
✧ Mostly, emotions of fear and greed rule the market
✧ Therefore, it’s important to recognize them and roughly understand market movements
9/➮ Fear & Greed
✧ In this case, you should always locally track the Fear & Greed Index to understand the market sentiment
✧ Fear stage – time to accumulate your positions
✧ Greed stage – time to sell
✧ Now, the only thing left is to choose the right alts
10/➮ Alts Type
✧ The 1st thing to understand is to ask yourself what you are aiming for – a 10x profit, 100x profit, or more
✧ This will determine the type of alts you choose: high caps, mid caps, or low caps
✧ Most people want higher profits, so let’s focus on low-caps👇
11/➮ Researching Alts
✧ Look for alts: Coin Geko / CMC
✧ If a token is listed on these platforms, there's no chance it's a scam
✧ But there’s still a chance it’s no upside project
✧ Analyze alts with a mc between 10M to 100M, focusing on the top narratives of this cycle
12/➮ Check the Project
✧ Once you've selected 10-50 low caps for your list, start checking the project's upside potential
✧ Check their product, whether there is demand for it, if the website is high quality
✧ Also, the team should be genuinely invested in the project
✧ This way, you can roughly assess the project’s upside potential
13/➮ Patience + Conviction or How to make 1000x
✧ 100-1000x returns don’t happen in a day, a week, or even possibly a month
✧ But with deep, proper research, if you have conviction in the project, it can be achieved
✧ Remember to deeply follow the project you hold
14/➮ Conclusion
✧ Focus on no more than 2-3 projects from each top narrative of this cycle
✧ This way, you will be able to assess the situation rationally and keep track of the project updates
✧ During altseason - hold, don’t trade. Always keep your position if you’ve found your favorite project, but don’t forget to take profits gradually along the way.