#AltcoinSeasonLoading

Drawing lessons from the Altcoin Season 2021

* Be careful when the market is too excited: Prices rise very quickly, everyone talks about big profits (like Doge, Shib skyrocketing). That is usually when the risk is highest, easy to get caught at the peak.

* Not all Altcoins will rise: Only good projects or those in the right trend will soar (like ETH, SOL). Many other coins will still stagnate or decrease. Must be selective!

* Up quickly, down quickly as well: An Altcoin that rises "x" times as fast will also plummet just as quickly when the market collapses. Extreme volatility.

* Monitor Bitcoin Dominance (BTC.D): When BTC.D decreases significantly, the Altcoin Season is approaching. When it starts to increase again, it may mean the Altcoin season is coming to an end.

* Small Altcoins/Meme coins carry extremely high risks: They can skyrocket (like Doge, Shib 2021), but can also easily lose all value quickly. Should only invest a very small amount if accepting high risk.

In summary: Altcoin Season is an opportunity but full of traps. Always research carefully, have a plan for entering/exiting trades, and manage risk tightly, do not follow the crowd when the market is at its hottest.