Crypto Market

How to prepare for the #ALTSEASON?

As we're entering a unique phase of the crypto bull run (the last time this happened was 3 years ago), where quality Altcoinst will be able to pull 50-100x-es over a short period of time, sharing 5 ideas on how to approach this potentially life-changing period:

  1. Concentrated bets: Lean down your portfolio (stop having 15+ projects while actually having zero idea what you're doing)
  2. Focus on builders: Focus on projects that have been building like monsters for the past years with fundamentals yet to be priced in. Innovate tech built by industry titans with real product-market fit...
  3. Less micro, more mid caps: Try to avoid over-risking on micro caps and unproven teams, opportunity cost of having 50-100x on quality plays is too high IMO.
  4. Spot Long: Forget leverage trading, especially during this period. The amount of regretamin you'll have to take after realizing you could 50x on spot with high conviction plays will be quite heavy...
  5. Avoiding 'Jumping': If you are not a professional trader, there's a high chance that you can't sell higher and rebuy lower the same asset and properly control your greed... Many lose their core holdings and end up with smaller sizes by trying to time the market.

"Time in the market beats timing the market.”