Dear shrimps!!
Don't despair, that's exactly what they want!!
Times are tough, I know. Many here have invested everything they could and also everything they couldn't, in the hope and dream of achieving prosperity for themselves and their families.
Don't let fear dominate you and affect the process of taking action, you need to be cool-headed and maintain your posture!
Don't sell your assets at a loss, don't follow the herd, do the opposite and follow the whales!!
At this moment, whales are in the process of accumulation, do the same and don't sell at a loss, before going to sleep, set a stop loss on your main assets. In the end, only the strong and courageous survive!
Don't enter this world if you're afraid to take risks!
According to CoinMarketCap, the last altcoin season happened in May/21:
How can I know when Altcoin Season is?
During Altcoin Season, several distinct market characteristics emerge:
• Increased Altcoin Dominance: Altcoins collectively gain prominence in the cryptocurrency market. In the recent Altcoin Season in May 2021, the combined market cap of the top 100 altcoins reached approximately 130% of Bitcoin’s market cap.
• Rapid Price Appreciation: Altcoins experience significant price increases across the board, often outpacing Bitcoin’s growth. For example, large-cap altcoins saw 174% returns versus BTC’s 2% during Altcoin Season from February to May 2021. Many narratives emerge and are not limited to just one or two trends.
• FOMO: The overall market sentiment during Altcoin Season is typically bullish, driven by optimism about the potential for altcoins to deliver substantial returns. The FOMO mentality is evidenced by the high 24-hour trading volume across all large-cap coins, leading to increased buying pressure and price momentum.