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Altseason

The Anatomy of AltseasonHello community, The cryptocurrency market operates through discernible phases , each presenting unique dynamics as illustrated in charts. Initially, during the Bear market phase , Bitcoin's dominance surges while prices of cryptocurrencies across the board decline. This phase is marked by pessimism and a general lack of confidence in the market. As the bearish sentiment persists, the distribution phase ensues, characterized by a continued downtrend in prices. However, amidst this decline, periods of stability emerge during accumulation, where investors gradually start acquiring assets at discounted prices , anticipating a reversal in the market sentiment. Moving forward, the BTC UP phase signifies a shift in market dynamics as liquidity is injected, resulting in stabilized dominance levels for Bitcoin. Despite this stability, altcoins typically do not witness substantial price increases , as the focus remains on bolstering Bitcoin's value to sustain the overall market sentiment. This phase often highlights the interplay between Bitcoin's dominance and the performance of alternative cryptocurrencies. As Bitcoin achieves its predetermined objectives, its dominance begins to wane, paving the way for the ascent of altcoins. During the Altseason phase 1, the total market capitalization of altcoins experiences growth, accompanied by a relative stabilization or modest uptick in Bitcoin prices. This period represents a transition where the market shifts its attention from Bitcoin to alternative cryptocurrencies, reflecting evolving investor preferences and market dynamics. The Altseason phase 2 ushers in a wave of heightened market activity, characterized by aggressive trading and speculative behavior. Traders, colloquially referred to as sharks, enter the market with the aim of capitalizing on short-term price movements for profit. This period often witnesses rapid and exaggerated fluctuations in prices, commonly known as pump and dumps, as market participants vie for quick gains. However, such fervent activity is typically short-lived, as unsustainable price movements give way to a renewed sense of caution and the anticipation of a new bear market phase , marking the cyclical nature of the cryptocurrency market. Happy trading !
CRYPTOCAP:TOTAL3Education
by Monstralian
16
Be greedy when others are fearful - © Warren BuffettAs the cryptocurrency market gears up for a potential alt season, savvy investors are positioning themselves to capitalize on the gains of altcoins. This article will explore six promising altcoins and the significance of sector diversification in maximizing returns. Be Greedy When Others Are Fearful, Fearful When Others Are Greedy: This timeless adage by Warren Buffett highlights the importance of contrarian investing. During alt seasons, when the market is euphoric and prices are rising, it's crucial to maintain a level head and avoid overextending. Conversely, when the market is in a downtrend and fear is prevalent, it's an opportunity to accumulate undervalued assets. Top 6 Altcoins for Alt Season: Dogecoin (DOGE): Forming a bullish ascending triangle pattern, DOGE is poised for a breakout. The triangle's squeeze indicates a potential surge in price. Respecting the ascending trend and avoiding new lows suggests an upward breakout. Sector: Meme Coin Chainlink (LINK): With an accumulation period spanning 518 days, LINK is primed for a significant pump. The longer the consolidation, the stronger the potential breakout, adhering to the golden rule of accumulation. The ideal shakeout beneath the accumulation range followed by price appreciation reinforces the bullish outlook. Sector: Oracle Optimism (OP): Trading within an ascending channel and consistently respecting the lows, OP exhibits strong bullish momentum. The pattern and price action suggest a continuation of the uptrend. Sector: Layer 2 Scaling Solution Immutable X (IMX): Breaking above local highs and retesting the upper resistance trendline, IMX confirms a trend reversal to the bullish side. This price action signifies a shift in market sentiment. Sector: NFT Marketplace Avalanche (AVAX): Coiling within a descending wedge (bullish pattern), AVAX experienced a shakeout below a crucial support level ($9) before resuming its upward trajectory. Respecting old support levels is essential. Sector: Layer 1 Blockchain VeChain (VET): Epitomizing a textbook bullish run, VET adheres strictly to the ascending trend. Each cycle consists of price appreciation, accumulation, and further growth. Sector: Supply Chain Management Sector Diversification: Diversifying across sectors is crucial, as different sectors tend to perform differently based on market trends and events. For instance, during periods of DeFi dominance, DeFi-focused altcoins may outperform. Conversely, when NFT mania takes hold, NFT marketplace tokens could surge.
Education
by Yaroslav_Krasko
2
Guide to Altcoin Growth ExplosionsThe whispers of "altseason" echo through the cryptosphere, igniting the imaginations of investors with visions of explosive altcoin growth. But what exactly is this mythical period, and how can you navigate its thrilling (and potentially treacherous) waters? Deciphering the Altcoin Landscape: Imagine Bitcoin as the majestic oak, anchoring the crypto forest with its established presence. Altcoins, on the other hand, are the diverse flora teeming around it, each offering unique characteristics and purposes. From the DeFi tokens powering decentralized finance to the meme-fueled Dogecoin, the altcoin landscape is a vibrant tapestry of innovation and experimentation. Understanding Altseason's cycle: Think of altseason as the spring bloom of the crypto market. Just as flowers burst forth with vibrant colors, altcoins experience a surge in growth during this period. This happens when investors, having secured profits from Bitcoin's rise, seek new avenues for higher returns, shifting their focus to altcoins. Catching the Altseason Wave: While predicting the exact arrival of altseason is like trying to pinpoint the exact moment a flower blooms, there are key indicators you can watch: The Bitcoin Dominance Symphony: When Bitcoin's market share (dominance) starts to dip, it's often a sign of capital flowing towards altcoins. Track this metric closely, as it can be an early harbinger of the altseason melody. The Altcoin Season Index: This handy tool (link provided in the original article) acts like a conductor, orchestrating an index that reflects altcoin performance against Bitcoin. A score above 75% might signal the start of the altseason concerto. Choosing Your Altcoin Stars: Don't be swayed by the allure of the season alone! Before diving in, carefully consider these factors: Market Capitalization: Look beyond the current valuation and examine historical trends. Has the market cap experienced significant fluctuations? A stable market cap indicates a more established project. Project Innovation: Does the project address a real-world problem or offer a unique value proposition? Don't get swept away by hype; true innovation has staying power. The Orchestra Behind the Project: A strong, transparent team and an engaged community are essential for long-term success. Look for projects with a clear roadmap and a team that inspires confidence. Tokenomics: Understanding the Score: This refers to the coin's supply, distribution, and release schedule. How will the release of new coins impact the price? A well-defined tokenomic model fosters trust and sustainability. Trading Volume Harmony: Don't limit yourself to the major exchanges. Explore diverse platforms to potentially discover hidden gems with lower trading volume but high growth potential. Learning from the Past, Embracing the Future: While past performance isn't a crystal ball for the future, analyzing top gainers from previous altseasons (like Gala, Axie Infinity, and Solana in 2021) can offer valuable insights. Remember, the crypto market is a dynamic ecosystem, and new projects with groundbreaking ideas are constantly emerging. The Power of Research: Your Guidebook to Altseason: ETH-BTC pair : The ETH/BTC pair is one of the most important indicators to watch when trying to determine when altseason will begin. This is because Ethereum is the second-largest cryptocurrency by market capitalization, and it is often seen as a bellwether for the rest of the altcoin market. When the ETH/BTC pair is rising, it means that Ethereum is outperforming Bitcoin. This is often a sign that investors are becoming more bullish on altcoins, and that altseason may be on the horizon. Conversely, when the ETH/BTC pair is falling, it means that Ethereum is underperforming Bitcoin. This can be a sign that investors are becoming more risk-averse, and that altseason may be coming to an end. Altseason can be a lucrative opportunity, but venturing in without proper research is like navigating a dense forest blindfolded. Utilize the wealth of information available in the crypto community, explore various tools and resources, and conduct your own due diligence before making any investment decisions. Diving into 2021's explosive altseason: check out these top performers: Gala (GALA) +10891.26%; Axie Infinity (AXS) +10598.52%; Solana (SOL) +7998.67%; Fantom (FTM) +7155.14%; Polygon (MATIC) +6805.13%; Rari Governance Token (RGT) +5491.43%; Terra (LUNA) +5071.23% (well, it was there); Dogecoin (DOGE) +3855.02%; PancakeSwap (CAKE) +2963.16%; The Sandbox (SAND) +1896.16%. *Data taken from coinmarketcap. Remember, altseason is not a guaranteed path to riches. Invest responsibly, stay informed, and enjoy the journey! The crypto market is an ever-evolving landscape, and altseason offers a unique opportunity to witness and potentially participate in its growth. By understanding the fundamentals, making informed choices, and staying adaptable, you can navigate this dynamic season with knowledge and potentially reap the rewards. P.S. Share this article with your crypto-curious friends and start your own discussions about altseason!
Education
by Yaroslav_Krasko
How To Make Money With Crypto Trading BotsWe are at the beginning of a huge crypto bull run when it is possible to make millions of dollars with strong altcoins. So how is it possible to know if an altcoin strong or it is weak? Look at the community around the altcoin you want to profit with. I prefer to count the traffic which comes to its official website first. Is the traffic rising or it is falling? Also look at the altcoin's twitter and discord. How people react to the news. Do they write many comments or not? But the most important thing is which funds have invested into the altcoin. Lets look at the biggest gainers from the previous bull run. I remember Solana, THETA, Polkadot, Cosmos etc. I prefer altcoins which were funded by Tier 1 funds. At least one or two (there are only 22 Tier 1 funds in the market now). After that I look at the chart. I don't want to buy altcoins that are already overpriced. One of the best examples of altcoins I have found for accumulation for the future bull run is APTos. It is not very expensive, have the great community, valuable traffic to its official website and so on. We will need to find 10 - 15 altcoins like APTos to make our millions of dollars. And I will help you to find the most profitable ones. The best way to accumulate an altcoin I have found is starting a position with a grid trading bot. It is the most simple yet very powerful tool you can use to get as much altcoins as possible before it is not too late. Why I prefer to use grid trading bots? Because these bots can accumulate literally "free" altcoins for me. Here is how I use grid trading bots. First I need to define the range for trading and second - how many orders will trading bot have. And with APTos the low price for the trading is $ 3 and the high one is $ 25. The number of open orders are 100. And the profit is 0.72% ~ 7.16% per grid. So what is the goal? The trading bot should return to me all the money I invested and also it should give me a certain number of APT coins before I close it. After that I can start a new trading bot position with the USD the bot have made for me and keep APT coins for the bull market to sell at the best price. Do you like the strategy I use to accumulate strong alcoins for the crypto bull run?
CRYPTOCAP:TOTAL3Education
by vitsha
Altseason Indicator. Capitalization excluding BTC ETH USDT USDCLogarithm. Time Frame 1 week. Understanding the capitalization and growth potential of altcoins without BTC ETH and top steiblcoins USDT, USDC and DAI gives a brighter and more accurate picture of the timing of the start and development of that long-awaited altcoin season of more pronounced scale than now on 16 10 2023 - at the time of publication 8 12 2023. 1) The capitalization of these assets has long been in a squeeze - consolidation, this is a direct correlation with the accumulation zones. We are conventionally in the final phase of accumulation (almost). 2) Please note that there has been no real capitulation (perhaps there will not be, and if there is, it will be V figuratively, but that is not the point). Very much emphasize your attention to the timing of the length of this phase and past late 2018 and 2020. 3) Also note to your eye that at that time 2018-2020 there was not such a big capitalization outperformance from the rest of the BTC and ETH market. Compare that to the situation now, how much other altcoins are "undervalued" speculatively. You also need to realize that there is a correlation with stablecoins and their huge portion of the overall market compared to the time before. How to enter these parameters on tradingview? . In order to capitalize alts from TOTAL3 (initially without capitalization of BTC and ETH) and exclude all large-capitalization stablecoins from it, you need to do the following: In the ticker entry line in tradingview write: CRYPTOCAP:TOTAL3-CRYPTOCAP:USDT-CRYPTOCAP:USDC-CRYPTOCAP:DAI . Accordingly, a chart is created that subtracts the capitalization of the designated stablecoins (USDT, USDC, DAI) from TOTAL 3.
CRYPTOCAP:TOTAL3Education
by SpartaBTC
Bitcoin Dominance Cheat SheetHi Traders, Investors and Speculators of Charts📈📉 Bitcoin dominance and the rotations between BTC and altcoins can be confusing. Enjoy this easy-to-understand guide to BTC.D , and why it is important to watch alongside with the bitcoin chart. 👇👇👇 BTC dominance is calculated by dividing the market cap of BTC by the total market cap of all cryptocurrencies. If the TOTAL market cap is 1.5 trillion and the market cap of alts increases, then BTC dominance will go down unless the market cap of BTC also increases. But to really understand the rotation of money between BTC and alts, you'll need a clear understanding of how how market caps all fit together. Imagine a pie where each slice represents a different cryptocurrency. The pie here indicates the total cryptocurrency market cap of both Bitcoin and altcoins, which can increase or decrease at any given time. In other words the TOTAL chart. - If BTC market cap increases but altcoin market cap shrinks (relative), the pie stays the same size. - If BTC market cap increase and altcoin market cap increases, the pie size increase and so forth. If BTC dominance is at 40%, it means that the BTC slice of the pie chart is 40% of the total size of the pie. The remaining 60% of the pie is made up of all other cryptocurrencies (altcoins). A pie chart from March 2023: Now, imagine a new bullish cycle starts across the crypto markets. This causes the market capitalization of both altcoins and Bitcoin to increase. If the market capitalization of BTC also increases, but at a slower rate than the market capitalization of altcoins, then BTC dominance will remain stable even though BTC Price increases AND altcoins prices increase. This is because the BTC slice of the pie is still 40% of the total size of the pie, even though the pie has grown larger. In other words, the pie has gotten bigger, but the size of the BTC slice has remained the same relative to the rest of the pie. Here is another way to think about it: Total market cap: $1.5 trillion BTC market cap: $900 billion Alt market cap: $600 billion BTC dominance: 60% Now, let's say that the alt market cap increases by $200 billion and the BTC market cap increases by $100 billion. The total market cap would now be $1.8 trillion and the BTC market cap would be $1 trillion. BTC dominance would still be 60%, even though the price of BTC increased because the overall pie has gotten bigger. Here is an example of how the BTC dominance falls, but BTC price increases: Total market cap: $1.5 trillion BTC market cap: $900 billion Alt market cap: $600 billion BTC dominance: 60% Now, let's say that the alt market cap increases by $200 billion, but the BTC market cap only increases by $100 billion. The total market cap would now be $1.8 trillion and the alt market cap would be $800 billion. BTC dominance would now be 50%, even though the price of BTC has increased. As a summary: UP: BTC d ominance is increasing, meaning that BTC is outperforming altcoins. STABLE: BTC d ominance is remaining relatively unchanged. This could indicate price movement on either Bitcoin or Alts . DOWN: BTC d ominance is decreasing, meaning that altcoins are outperforming BTC . We see an increase of market capitalization on the TOTAL chart: _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL
CRYPTOCAP:BTC.DEducation
by CryptoCheck-
32
How To Find Strongest Altcoins : TutorialNavigating the world of cryptocurrencies can be like embarking on a treasure hunt, and today, we'll discuss the art of finding robust altcoins. AVAX and INJ serve as excellent examples of how to identify strong performers. Comparing AVAX with Bitcoin: When searching for strong altcoins, it's crucial to compare their performance against the market leader, Bitcoin. A compelling example is AVAX, which, during a specific period, saw a decline of 21% while Bitcoin surged by 108%. This discrepancy highlights AVAX's relative weakness during that time. INJ's Remarkable Ascent: On the other hand, INJ paints a different picture. When we compare its performance with Bitcoin, we witness an incredible 973% increase. INJ not only kept pace with Bitcoin but outpaced it significantly. This type of performance makes INJ a prime candidate for those seeking strong altcoins. The Takeaway: When hunting for strong altcoins, it's crucial to perform relative strength assessments against Bitcoin. While Bitcoin remains the benchmark, the altcoins that can surpass it or at least keep up with its pace are often the ones to watch. Trading Strategy: Comparison is Key: Continually compare altcoins with Bitcoin and monitor their relative strength over time. Risk Management: Implement sound risk management practices, especially when dealing with the crypto market's volatility. Stay Informed: Stay updated on the fundamentals and developments related to the altcoins you're considering. Conclusion: The cryptocurrency market is a dynamic landscape filled with opportunities, and identifying strong altcoins is a skill worth honing. The performance of altcoins concerning Bitcoin can provide valuable insights into their potential. As you embark on your quest for strong altcoins, remember that the crypto world is ever-evolving. Stay informed, trade wisely, and may your search lead to success. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
INDEX:BTCUSDEducation
by AlexWhale
1
ALT-SEASON or NOT ? ALT-SEASON or NOT ? So how do we understand this? Altseason To understand this, I checked the whole market by doing very detailed study. I share the charts that I find important on the subject. The most important charts are: 1-) Btc Dominance 2-)Eth/btc 3-)Eth/usd 4-) Total2, Total3 marketcap 5-)Others dominance 6-)Others marketcap 7-)BTC/USD 8-)XRP/BTC 9-)LTC/BTC I recommend you to check all charts to fully understand. And thank you 1-) Btc Dominance First one, btc dom. I dont except impossible levels like 60-70. Looks like we have come to end of the road 🗡 ready >>>waterfall 2-)Eth/btc The rise of ETH means the rise of altcoins. Strong Eth= strong altcoins ETH/BTC Most important chart imo. We have to save green line ! 3-) ETH/USD ETH/USD 4-) Total2 marketcap/ exclude btc Total3 marketcap/ exclude btc and eth 5-)Others marketcap 1w 6-) Others Dominance 1w 7-) BTC(USD 8-) XRP/BTC 9-)LTC/BTC Conclusion : I think the real rise of altcoins will be in 2024. This does not mean that we will not see any increase in 2023. But my main strategy is to collect in 2023 and sell at the end of 2024. These charts are more meaningful when they come together and form a whole.
CRYPTOCAP:TOTAL2Education
by Cryptollica
2
Path to AltseasonHello traders, today we will talk about Path to Altseason BASIC INFO Altcoin season, or ‘Altseason’, is the home of face-melting gains & high volatility. It’s pretty much Christmas for crypto traders. Within a brief period (usually a few weeks or months), the prices of altcoins (all coins besides Bitcoin) skyrocket as investors move their money out of Bitcoin and into other cryptocurrencies. Once prices start to rise, FOMO investment kicks in, causing a snowball effect which drives altcoin prices even higher to astronomical (and often overvalued) heights for a short period of time. Many investors can make the majority of their profits for the year during an Altseason if they are able to sell their altcoins before Alts Bitcoins & Altseason Put simply, Altseason begins when altcoins start to outperform Bitcoin (when prices of alts rise in comparison to Bitcoin), and Altseason ends when Bitcoin outperforms altcoins. However, this does not mean that when Bitcoin’s price goes down alts automatically go up. In fact, historically, Bitcoin has tended to lift altcoins when it rises and also bring them down after a major crash, with the price of Bitcoin and altcoins often being closely correlated. Previous bull markets have generally seen Bitcoin enjoy an uptrend before altcoins join the wave and head for the moon. Key Takeaways An altcoin is simply any other cryptocurrency that is not Bitcoin. They are usually more volatile than Bitcoin, offering high-risk high-reward opportunities. When Bitcoin dominance (the amount of the total crypto market share held in Bitcoin) declines rapidly, it leads to an increase of investments in Altcoins, which causes an Altseason. Predicting Altseason is not an exact science, and it is not something that’s officially announced at a certain time or date. An Altseason can occur several times a year and they often happen within a relatively short period of time. For maximum gains it’s crucial to sell your altcoins before Altseason is over. Alt’s prices drop just as quickly as they rose. There have been many Altseasons in the last decade, with all of them beginning right after Bitcoin dominance declined. The sharper the decline in BTC dominance the bigger the Altseason. How to take advantage of Altseason? The key to taking advantage of Altseason is to have your money in altcoins before Altseason begins, or just as it is beginning. Pay close attention as prices begin to rise, and make sure you sell out from most of your positions before Altseason ends and prices fall as quickly as they rose – don’t worry about trying to sell at the very peak, just take profits on the way up and be ready for things to end as quickly as they begun! Top tips for navigating Altseason Altseason is often the most lucrative time during a crypto market cycle, however, it is also the most volatile time. As the potential for gains rises so does your risk. Here are some tips to keep in mind during an Altseason: Altseason is both an exciting and emotional time. If you’re a new investor, proceed with caution. Separating your investment decisions from your emotions is a tried-and-tested strategy for mitigating risk and maximising profits. Having a solid exit strategy prepared will decrease the chances of you HODLing your alts through the peak only to see them fall when Altseason comes to an end. Depending on your commitment level, spreading yourself too thin by investing in lots of altcoins can be confusing and difficult to keep track of. A bit of diversification is always good but don’t invest in more coins than you can keep track of! Accept that you cannot be involved in every pumping altcoin. Choose your best picks and stay up to date on the relevant news and market movements. Be sure to take profits on the way up to ensure that you realise most of your gains before prices come back down again. If you get a sizeable gain, you may want to reduce your position before the inevitable price correction! Using your profits from Altseason to reinvest into Bitcoin while it is at a good price (and vice versa) is a popular strategy. Risk management is the best way to make the most out of Altseason, given the sheer number of investment opportunities that will arise. Never risk so much that you won’t be able to keep playing – there can be multiple Altseasons in a year! The key to taking advantage of Altseason is to have your money in altcoins before Altseason begins, or just as it is beginning. Pay close attention as prices begin to rise, and make sure you sell out from most of your positions before Altseason ends and prices fall as quickly as they rose – don’t worry about trying to sell at the very peak, just take profits on the way up and be ready for things to end as quickly as they begun! The Altcoin Season Index is a helpful (but not exact) tool to see where we are in relation to Altseason. According to the Altcoin Season Index, if 75% of the Top 50 altcoins performed better than Bitcoin over the last season (90 days), it is Altcoin Season. They also give an indication of where we are in terms of an Altcoin Month or Year, with an easy to interpret graph that shows the general long-term trends of previous Altseasons. Altcoin season is not something that’s officially announced at a certain time or date. Nobody knows for sure when it’s upon us, nor when it will end. All we have are certain indicators that can help us know if we have entered Altseason. Why does Altseason see such huge gains? FOMO and the snowball effect play a big part. Part of the reason Altseason sees such a dramatic rise in prices is because many new investors see prices beginning to rise, and immediately invest out of FOMO. This creates a snowball effect which pushes prices higher and higher until they are overvalued and in a bubble. When people realise they are riding a precarious rollercoaster that may crash at any moment, they begin to sell. This causes panic which leads to more mass selling and the price plummeting back down to earth, bringing Altseason to an abrupt end. When is the top of Altseason/the bull market? The million-dollar question that no-one can really answer. While crypto markets follow cycles which can be predicted based on past market movements, every bull run is different and it is incredibly difficult predict the very top of Altseason, or any bull run for that matter. Given the fact that no-one really knows exactly when the top of the bull run or Altseason will be, it is wise to take profits along the way as your portfolio gains value. Dollar-cost-average selling (DCA) can be useful to minimise the impact of the market’s volatility while you invest. If Bitcoin’s price goes up will altcoins also go up? Generally, yes. The price of most altcoins is highly correlated with the price of Bitcoin. It is Bitcoin dominance, however, that indicates when Altseason is beginning. Why are altcoins dependent on Bitcoin? A major reason that altcoin’s and Bitcoin’s prices are so highly correlated is that many altcoins are purchased with Bitcoin. Bitcoin is often bought before the purchase of an altcoin, pushing the price of both coins up. Similarly, if someone wants to cash out on an altcoin, many exchanges require you to first sell that altcoin for Bitcoin, and then sell the Bitcoin for cash, which pushes both prices down at the same time. Another reason the prices are highly correlated is simply because they’re in the same asset class and things that are in the same asset class tend to go up and down together. What to look out for to predict an Altseason The most important thing would be a decrease in Bitcoin dominance, usually occurring after an exponential increase and subsequent consolidation. Additionally, relative trade volume, social media activity, mainstream interest, new coin listings and the volume of news articles published from crypto projects seem to be good indicators of when Altseason might be approaching. What is Ethereum’s relationship to Altseason? ‍Ethereum, seen as the second most trusted cryptocurrency and the silver to Bitcoin’s gold, is at the heart of the altcoin market. The start of bullish moves for Ethereum is often the start of Altseason, especially with so many alts and DeFi projects being built on top of the Ethereum Blockchain. Generally, after Bitcoin rallies upwards and consolidates, Ether’s price will also need to break out before altcoins can see a sizable rally. Can altcoins lift Bitcoin? Not really. Bitcoin rarely gets boosted by altcoins. Generally, once altcoins have pumped and claimed dominance from Bitcoin, the steps in to take back the bulk of the crypto market share, marking the end of Altseason. What is an example of Bitcoin Dominance influencing Altseason? On December 9, 2017, Bitcoin Dominance had gone from 69% to 37% in the space of just 35 days (which means it went from owning 69% of the total crypto market share to 37% in just over a month). Looking at the Altcoin market cap chart, December 9 coincides exactly with the beginning of the largest Altseason that crypto had ever seen. The sharper the decline in Bitcoin Dominance, the bigger the spike in Alts. History also repeated itself on March 30, 2018 when a sharp decline in Bitcoin Dominance from 50 to 38 in 40 days led to a significant increase in the Altcoins market cap. What have previous Altseasons and bull runs taught us? Previous bull runs and Altseasons suggest that larger-cap altcoins (starting with Ethereum) pump before smaller-cap altcoins begin moving up. This usually happens after Bitcoin has had a big move up, followed by some sideways movement, causing investors to seek gains in altcoins, thus decreasing Bitcoin dominance and starting the party that is Altseason. IMPORTANT BTC Rises - Altcoins Not Rising BTC drops - Altcoins Super Drop The scenario is confirming this - Be sure to survive before Altseason arrives Never stop learning I would also love to know your charts and views in the comment section. Thank you
Editors' picks
Education
by CRYPTOMOJO_TA
21
Bitcoin Dominance Explained. When to buy Alts? BTC domination: how to use it? And when to buy Altcoins? Today we will talk about Bitcoin Dominance. What is bitcoin dominance? Why is needed? And why exactly Bitcoin? Bitcoin is the first and the largest cryptocurrency by market capitalization. Altcoin is any cryptocurrency other than Bitcoin. Dominance (BTC.D) displays the relationship between the direction of movement of different cryptocurrencies. To find this index you just need open TradingView and type BTC.D There are quite a lot of indexes known to you in the world, the most famous of them are: Dow Jones Industrial Average S&P 500 RTS Bitcoin dominance is the ratio of its market capitalization to all other cryptocurrencies. However, we cannot trade this index. Pure math: if the capital invested in bitcoin decreases, then part of the funds goes into altcoins. BTC.D gives an understanding of the general direction of the market at the moment and helps to determine when alt pairs are correlated with the first cryptocurrency. However, the dominance of Bitcoin is declining as new cryptocurrencies emerge. Why? Because the capitalization of the alts is increasing much faster than the capitalization of bitcoin. Bitcoin dominance often depends on the altcoin season Altseason is a period during which altcoins gain a significant market share relative to Bitcoin, thus reducing the dominance of Bitcoin. Note, however, that Bitcoin dominance does not always depend on the phase of the market. What does it mean? This means that if bitcoin falls in price, and with it the alts, then the dominance of bitcoin will remain approximately at the same level. I prepared this cheat list by which you can determine the further movement of alts, depending on the Dominance of Bitcoin You can always use it! Bitcoin dominance also can be used even on lower timeframes but it’s not a magic pill and you should understand some alts follow more btc some less. Thats why you can see situations when bitcoin going down and some alts with low cap can pump 100% in a few days. Bitcoin dominance is just a tool that can give us more information about the state of the current market, and its possible future. On the Bitcoin Dominance chart, technical analysis works well, its help you to try predict the movement of the Bitcoin price relative to other alts. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
BITSTAMP:BTCUSDEducation
by Crypto4light
3
🔥THE BEST TIME TO BUY ALTCOINS: DOMINACE AND ALTSEASON🔥 Hi friends! All you know and like the time when altcoins make +50-100% or more profit just in 1-2 weeks. Most of the traders enjoy this time. Dominance is a key thing that helps us to identify such periods (altseasons) and buy alts in time. 📊 WHAT IS ALTSEASON AND WHY DOES IT HAPPEN? Altseason is a time when most altcoins grow by 30% or more. THE TWO MAIN REASONS OF ALTSEAON: 1. BTC capitalization outflow and its inflow in altcoins (dominance fall). 🚩 Dominance is the ratio between the total value of all Bitcoins to the total value of the crypto market ( Bitcoin + altcoins). Altcoins start ti griw when it falls. Bitcoin currently has a $320 billion capitalization and for Bitcoin these $1-2B globally do not mean anything. As the altcoins have a lower capitalization, when $1-2 billion from Bitcoin flows into any altcoin, it can grow by 100% or more. With large outflows (10-20% of Bitcoin's capitalization), the growth of all altcoins (altseason) begins. 2. huge money inflow in altcoins during periods of "greed", when crypto market makes new ATH or BTC is at the last stage of bull market (parabolic growth). The BTC dominance falls in this case too. All you know the periods when BTC make a new ATH and this is a most comfortable time to grow your deposit - everything is just exploding. ✅ As Bitcoin is still far from its highs, which is the second reason for the growth of altcoins, we should look for the first reason, which is the flow of money from BTC to altcoins now. Our main task is to buy good altcoins just before the altseason. 📊 WHEN WILL THE NEXT ALTSEASON START? Friends, as you can see on the chart, the altseason begin when the BTC dominance falls. Now we should expect the next atseason when BTC reaches 50-54% of dominance. ✅ The altcoins start PUMPS during this dominance fall as was shown at 1 and 2 cases. Friends, I will publish a list and trading setups of the best altcoins when that time comes. Let me know which altcoin I should pay attention to. Write it's ticker in the comments. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
CRYPTOCAP:BTC.DEducation
by Yuriy_Bishko
15
Using BTC Dominance With Current Bitcoin PriceSome people monitor bitcoin price along with bitcoin dominance to help them make trading decisions. Although they are not iron laws, here are some potential outcomes that various combinations of BTC price and dominance may be indicative of. 1. When the price and dominance of BTC are rising, it could signal a potential bitcoin bull market. 2. When the price of BTC is rising but BTC dominance is falling, it could signal a potential altcoin bull market. 3. When the price of BTC is falling but BTC dominance is rising, it could signal a potential altcoin bear market. 4. When the price and dominance of BTC are falling, it could signal a potential bear trend for the entire crypto market. 5. While these two factors do not imply a definite bull or bear market, historical observations suggest a correlation.
CRYPTOCAP:BTC.DEducation
by yaser_rahmati
1
Crypto101 - How to spot a scam 👀Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Hundreds if not thousands of new cryptocurrencies launch monthly. All with big promises of use case, flashing tech and a stock-standard wide mouthed YouTube guy telling you how high it will moon. With these new tokens and coins also comes many initial coin offerings (ICOs) that are often scams. The demand for these have grown, even despite the fact that many people get rugpulled. This mostly unregulated market makes for a perfect place to scam innocent people out of their money, with little consequences to the thieves. When it comes to cryptocurrencies, one of the biggest challenges for investors is not getting caught up in the hype. Digital currencies have quickly risen to prominence in the portfolios of many retail and institutional investors. At the same time, people are still shocked when something like the recent LUNAUSDT / TERRA happens. Let's discuss a few ways to navigate this wild west market: - Research the team. Perhaps the single most important success factor for any ICO or cryptocurrency is the developers and administrative team behind the project. The cryptocurrency space is dominated by major names, with superstar developers like Ethereum ETHUSDT founder Vitalik Buterin capable of making or breaking new projects simply by having their names listed on a development team. For that reason, it's increasingly common for scammers to invent fake founders and biographies for their projects. - Check the whitepaper. The whitepaper should lay out the background, goals, strategy, concerns, and timeline for implementation for any blockchain-related project. Whitepapers can be incredibly revealing: companies that have a flashy website may reveal they lack a fundamentally sound concept. On the other hand, a company with a website containing spelling errors may have a whitepaper that indicates a rock-solid concept and a carefully conceived implementation plan. - It it sounds too good to be true, it probably is. The idea of getting rich quick on an investment in a hot new project sure is tempting. Keep an eye out as you look for new investment opportunities in the ICO and cryptocurrency spaces. Remember that projects sounding too good to be true , likely are. Spend time scrutinizing every detail, and assume that the absence of a piece of crucial information may be an attempt to hide an unsound model or concept. Look for outside sources to verify the legitimacy of any project before making an investment. Ask questions that you can't already find the answers to. Now, the project on the chart - BURGERUSDT . BurgerCities crypto was developed on the BNB Chain ecosystem and is now linked to MetaFi . People compete for rewards on the BurgerCities platform. BurgerCities transitioned from being a DeFi product available on the BNB chain as Burgerswap to integrating DeFi and NFT into a more expansive metaverse space, producing uniform and standardized Web3 behavioral metaverse universe. Being a metaverse-oriented project, BurgerCities supports the NFT concept making it possible for users to earn returns through gameplay. Don't get me wrong; I am not stating that Burger coin is a scam - I am merely pointing out that you should always do your due diligence research on new coins / projects, and be extra cautious when the coin / token has a funny name. _________________ 👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎 👍Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
Editors' picks
Education
by CryptoCheck-
89
Relationship Between BTC.D and BTC price and Altcoin priceshello friends today i want to tell you how can you peredict altcoins behavaior according to the bitcoin price and bitcoin dominance. so come with me to say you how it works: liek you can see in below chart : if BTC price increase and BTC .D( Bitcoin Dominance) increase too ====> Altcoins price decreases. if BTC price decrease and BTC .D increase ====> Altcoins price Dump and decrase heavy.this is dump phase. if BTC price go sidewalk(without up or down) and BTC .D increase ====>Altcoins price dont change and this is accumulation phase. if BTC price increase and BTC .D decrease ====> Altcoins price increase quickly and this is altseason. if BTC price decrease and BTC .D decrase too ====> Altcoins prices go sideways. if BTC price go sidewalk and BTC .D decrease ====> Altcoins prices increase. hope this article be useful for you. please support me for more useful subjects. thanks friends.
CRYPTOCAP:BTC.DEducation
by TraderAmin-KZ
Alt Trading Template - Planning for Maximum CapitalizationI put this together for myself to help stay organized and stick to the key plan I have for my trades. One other thing I've done is flag the coins in the watch list according to the level they are in from the template. I also printed the image itself and have been manually writing the coin name on a sticky note, moving them forward through the stages so that I can have a flow-based conception of how alts are moving through these various stages on their ways up. Hope this helps someone!
Education
by soundscapesss
2
Algorand Ranked Top 3 Worth Trillions: Altseason RoadmapNote from the future: How did $Algo end up dominating 20% of the total market capital in crypto out of 10 trillion reichsmarks in the bubble peak while it doubled its supply through 2021? I wish I had known so I could've bought some under a dollar, I would be king in times of depression. Irrational Roaring Market, how was I supposed to know Mastercard, paypal, facebook, amazon, visa and 16 governments were going to use this technology, how was I supposed to know CBDCs would be launched in 2022. How was I supposed to know the digital dollar was being introduced in a myserious MIT project. I'm just backward rationalizing here, nobody could anyone know, it was impossible to know at the time.
Education
by axelrodd
2
Bitcoin Dominance Explained in shortBitcoin is the world’s largest cryptocurrency by market capitalization (market cap) and commands a large portion of the trading volume (and the attention) in the cryptocurrency markets. If we look at the summative market capitalizations of all the existing cryptocurrencies, then we can arrive at a total market cap valuation for the entire cryptocurrency space. Therefore, the Bitcoin dominance is described as the ratio between the market cap of Bitcoin to the rest of the cryptocurrency markets. As you can see in the chart above, the possible outcome from each possible scenario. For many years, while Bitcoin was far and away the largest cryptocurrency - and one of the few in existence - its dominance was much closer to 100% than it is today. However, the Bitcoin dominance dropped significantly as new cryptocurrencies were created. This is probably related to the increased popularity of ICOs after the introduction of Ethereum and the ERC-20 token standard. Interestingly, Bitcoin dominance is often affected by the so-called “alt seasons” , in which altcoins gain market share relative to Bitcoin, thus reducing Bitcoin’s dominance. Note, however, that Bitcoin dominance is not always directly affected by bull or bear markets because it is a ratio, not an absolute term. This means that if Bitcoin falls in price, but the rest of the cryptocurrency market falls at a similar rate, then Bitcoin dominance is likely to remain the same. Although Bitcoin dominance is an interesting statistic to look at, one should keep in mind that it does not reflect its real value (especially because of forked and premined coins, which impact the total market cap in a very unnatural way). Also worth noting, that market cap does not mean an influx of money. It is just a measurement based on the circulating supply and current market price. During the times when Bitcoin was the only cryptocurrency tradeable on exchanges, its dominance was roughly 100%. Today, with more cryptocurrencies in the space, its dominance is certainly less than 100%, but that is not necessarily a good or bad thing. It is only a tool that may give us a better perspective of how the crypto space is evolving.
CRYPTOCAP:BTC.DEducation
by TheArabianWhale
8
Guide to Successfully Trade Crypto (Short Term)Cryptocurrency is becoming more and more popular as Bitcoin rises in value and it is attracting new investors from different levels of experience. If you're new to the space then it's likely you will be buying coins after ICO's and wont be privy to private sales along with the DeFi portion of crypto , which is literally a whole other world. Since I've started trading Crypto I've had a huge learning curve, with thanks to my team who has gotten me up to speed on this space. Trading Crypto is not like the traditional assets most of us are used to trading. To be profitable day trading, a few helpful tips I've realized are: 1. You have to follow the volume and momentum. There are thousands of coins that will show great price patterns, but only the coins with volume are gonna be the ones that give you the gains you're looking for. There is AT LEAST 2 coins going +50% a day depending on the exchange you're trading on. The coins that make these moves are usually not your traditional names like ETH, DOGE or LTC. Because there are so much coins, you never know which one will be the one to make that impulse move on the day, which is why I like to make lists of coins showing specific patterns and group them. 9 times out of 10 I'll have 1 coin that makes the big move. Dont wait for a big move due to hype that may take forever to come, i.e ADA 2. Dont fall in love with the projects , you're in it for the money, not the tech. While there will be many uses for the Cryptocurrency you trade, falling in love with a coin because of its use can put you in trouble, because you're more inclined to hold during huge drawdowns, which will put a strain on your margin if you're margin trading, and the opportunity cost of trading a coin with more volume if you're spot trading. 3. Whatever you do, dont FOMO in. Because of the insane volatility of these coins, it can seem like the only place they can go is up. But let me tell you...from experience, it's always best to wait for a more logical and safe reaction when you see a huge 4H candle still pumping. Coins with huge volume will usually have a slow pullback and continuation. Also, if you buy in with a large enough order, you'll just be providing liquidity for sellers and the bots WILL eat you alive. 4. Learn to confidently trade using price action. Using price action will be your best option when trading cryptocurrency in the short term. Because of the rapid movements, traditional indicators like oscillators and moving averages which normally lag, will be of even less help in this market. Some patterns I've found useful that are very easy to spot are triangle patterns and breaking and retesting of an ATH. 5. Do some research. Learn about different tokens and their uses and news specific to your coin. Even you'll be trading short term, learning about the coins you trade can give you great insight to what may happen in the near future. For example, Chilliz $CHZ is a sports related NFT more specifically tied to soccer/football. I am quite familiar with the football industry and see how Chilliz has been implemented in very large clubs; I also know how radical football fans are for their favorite clubs and can see Chilliz growing much more in the longer term as it is utilized by more teams. By me knowing this, instead of exiting a trade, I may be inclined to leave some profit and let it run....dependent on the price action ofcourse. 6. Pay attention to Bitcoin. Most Alt Coins are heavily correlated with BTC and will follow bitcoin and some even suffer a multiplied affect. Meaning that if BTC drops 3% then an ALT Coin may drop 11%. This is the tricky part of trading Alts and its best to expose yourself a wide variety of coins so you know which ones react less (KSM for example). 7. Take your profits. Like any market, it's always best to take your profits, there is nothing wrong with it. There has been countless times I've been up and was greedy and decided not to take any profits and had to sit through a huge drawdown. This is a rapid market, and as quick as price goes up, it will come back down, and you may not have the volume to get back up to your entry until a few days later, which is brutal to sit through. There is much more that can be said, but for right now, I think this guide will help anyone new to trading Crypto and will help the learning curve. Overall, I think Cryptocurrency is still in its early stages and there is way more to be exploited in terms of trading, staking, farming, De-fi and investing. If you got this far, thanks for reading! This is also my 100th post so leave a like and/or comment and let me hear your thoughts!
Education
by N0ST0PL0SS
15
Tezos (XTZ)/USDT Market Cycles Pivot points (zones) PsychologyI have combined the idea of learning by cycles and pivot points (zones) with an actual trading idea for positional work using the example of the Tezos (XTZ) coin paired with USDT (USD). According to Dow theory, there are 3 types of trends: 1) main (long-term). 2) minor. 3) insignificant (small). 3) Phases of trends. In turn, each trend has the following phases: 1) phase of accumulation (set of position). 2) the phase of public participation (trend development) 3) panic phase (reset position). 4) the phase of price reduction (dump). 1. The phase of accumulation. (position set). This stage occurs after the market has finished the downtrend and the dump is stopped. The price has formed a "bottom", in slang they say "bottom". It is at this stage that traders and investors enter the market, which can rightfully be called professional. They have the greatest amount of information (often internal - insiders) about the current state of the market and are the first to start active actions. The rest of the market participants do not realize at this time the state and direction of the market. Of course, the accumulation phase is not easy to detect. It often follows a downtrend. And it can be, in turn, just a minor trend in the general downtrend. As a result, instead of a new trend, only a temporary pullback is obtained. From a technical point of view, the beginning of a new trend is always accompanied by a period of consolidation. This is when the market goes sideways and then starts to show an uptrend. 2. Phase of public participation (trend development). Participation Phase Advanced investors and traders enter the market in the accumulation phase. When the trend really reverses, the public participation phase begins. Here the crowd enters the market. As this stage progresses, more traders jump into the current move as fear of loss is suppressed by greed and fear of missing out on an opportunity. This phase is the longest of all and is also characterized by the most active movement. Highs are constantly being updated - exactly what investors have been waiting for. The trend is developing. When this stage begins to end, the "last majority" jumps into the market and trading volumes begin to increase significantly. At this point, the theory of great stupidity prevails. The price rises significantly beyond historical levels, and logic and reason give way to greed. While the majority enter the market, professional traders cut or close their trading positions. But as prices begin to level off or the rally slows down, those latecomers who stay out of the game see it as a buying opportunity and enter the market. Prices make the last parabolic move, known in technical analysis as a buying climax, when the greatest profits are often made in a short period. 3. Panic phase (reset position, distribution) This is the phase where experienced traders and investors exit the market, and less experienced ones, on the contrary, enter the market. As a result, these investors and traders are excited about buying at the peak of the trend, shortly before its spectacular fall. The same phase is also a reversal one - professional investors and traders understand that the market has exhausted itself and begin to close their positions opened in the first phase. To identify this phase, it is necessary to carefully study the signs that the market rally is complete. Moreover, the more active the market growth, the stronger the subsequent fall will be. In the third stage of the market cycle, sellers begin to dominate. This part of the cycle is identified by a period in which the bullish sentiment of the previous stage is replaced by mixed sentiment. When this stage is over, the market direction changes. Classic chart patterns such as "double and triple top" or "head and shoulder" are examples of such movements that occur during the distribution stage. The distribution stage is a very emotional period for the markets as investors are gripped by periods of complete fear, interspersed with hope and even greed, as at times the market may seem to be rising again. Panic phase in a downtrend. A similar story is when the main trend is bearish and goes down. The situation repeats itself in a mirror image, and at the implementation stage, a real panic is often formed, when many inexperienced investors and traders dump their assets and the price receives the last downward impulse before growth. 4. The phase of decline. (Dow did not separately identify this phase in his writings. In Dow's theory, this is the final stage of the distribution phase). The fourth and final stage in the cycle is the most painful for those who still believed in the price increase. Many are holding them because their assets have fallen below their original amount. It is only when the market is down 50% or more that many of those who bought during the distribution stage or early in the decline give up. "Faith is being killed!" For more experienced traders, on the contrary, it serves as a buy signal and is a sign that the formation of a bottom is inevitable. _____________________________ 4) Choice of cycle time. An intraday trader who trades relatively small amounts and uses 5-minute candles can see many full cycles per day, while, for example, a positional trader using a weekly or monthly timeframe charts can see several cycles per year (average liquid instruments) or an extended cycle for several years (highly liquid instruments). But he also works in relatively large amounts that are not comparable to a scalper trader. Your task is to learn how to correctly recognize market cycles on your working timeframe and use it in your trading. ___________________________________ 5) Points (zones) of price reversal. It is necessary to immediately clarify the point (zone) of the price reversal always remains a potential point (zone), because it can act as a continuation of the trend. It is just that in certain zones there is a greater likelihood of a change in price movement than in others. This is very important to understand. Work like a trader, not like a "successful" wang hamster with which the Internet is clogged. No one knows the exact future. You can identify potential more or less likely price movements and use this in your trading. It is also worth noting that it is not possible to predict everything. It is important that a large number of your forecasts for price movements, thanks to your experience and knowledge, are correctly determined. Theory without practice is zero! Only your knowledge, modernized to the reality of the market, can give results in practice.
Education
by SpartaBTC
8
CRYPTO TRADING TIPSI made this post so that myself, along with other traders trying to step into the Crypto world can have a better idea and some insight to what lies ahead. If you can drop some your thoughts on tokens, the Alt coins and also a few sites like Defi, Coin Gecko and 1inch, it would be appreciated. Trading the lesser known coins obviously are obviously high risk, but they also present opportunity for high reward. More importantly, outside of the crazy news events that spike crypto sometimes, how does technical analysis stand over time vs fundamentals. Herd mentality, the big discords...I want to know it all.. I'm open to any other things worth knowing! Thank you!
KRAKEN:ADAUSDEducation
by N0ST0PL0SS
6
How to accumulate cryptocurrency for the next bull rally 2021?In this special analysis. I want to give you a knowledge that you can to support it. Remember, in my latest special session, I talk about my top 8 cryptocurrency to invest on 2021, and including Gold and Silver as assets to invest to fill 10 assets to invest on 2021 That it's a great question for you!!! Now, I want to show you 2 brokers that I use to work it: 1. My first broker is called PRIME XBT. it's a broker that you can to trade Forex, commodities, stock market, indices, and include cryptocurrency. The deposit it's making in Bitcoin. Now, I use this broker just to take passive income on Bitcoin from long-term and also, to accumulate Bitcoin as my objective principal. I reccomend to prove PRIME XBT, trade Forex, commodities or cryptocurrency. So, the form that I accumulate BItocin is just find up 15% weekly, each weekly my objective is to find up 15% weekly. I calculate it with a paper that I use and created to take notes in my trading operations, and then, it's my own formula to evaluate my own results. forex21.com I reccomend to link up in this link, it's a calculator that you can to see an compoiunt interest. For example: Imagine that you started with $50 USD. So, you put $50 as your capital, then you percentage by weekly is 15%, remember that this calculator the percent is by month, if you want you can to put manually the weekly number that is 48 weekly = 1 year. So you put 48 weekly on the number of months and then, you will need to push calculate and they hsow you a charr of compount interest to how to evaluate your own strategy consistent to become rentable in trading. If you like, be createvie, not neccesary you would need to find up 15% weekly, you can to put 10%, 15% or 20% weekly, but more important is to know your risk management + capital management. So guys, I don't have any quantity to accumulate Bitcoin. I can to accumulate Bitcoin how much times i want to accumulate Bitcoin just trade Forex, commodities, cryptocurrency, stock market or indices in Prime XBT. My second broker is Phemex. It's a cryptobroker that i can to trade BItcoin, altcoins and Gold. I use this broker just to accumulate my favorrite altcoins that are: Cardano, Chainlink, Ethereum, Neo, ICON, Zcash and Tezos. So, let's me show you some strategic to acccumulate altcoins. The strategy t oacumulate altcoins: 1. You can to trade altcoins just open up each account funding in Bitcoin to accumulate each altcoins as aims. For example: an account for Ethereum, an account for Cardano, an account for Chainlink to each account accumulate altcoins independent of what quantity you want to accumulate. 2. You can to chose each quantity of money making trading to find up, for example: $1,000 for Cardano, $1,000 for Ethereum and $1,000 or Chainlink. I believe that this strategy it's very good to build a crypto-portfolio or altcoins-portfolio. But remember, your rule is to have Bitcoin as the top # 1 to accumulate a lot Bitcoin throughout of the time. And I believe that is rentable to have this portfolio of altcoins. But it's depend of how many altcoins you want to invest. I have 7 altcoins: So, each portfolio will be $1,000 USD, so $1,000 USD x 7 altcoins it's a altcoins's value on $7,000 USD. And $7,000 USD in altcoins it's good, very very good!!! If your goal is to open up each account to accumulate altcoins. You can to get it!!! 3. One of the excellent strategy is just to find up each quantity of assets. For example: 25 Ethereum. Yeah, 25 Ethereum it's good, but in the long-term Ethereum growing up and you can't to find up 25 Etherem, imagine that, 25 Ethereum today it's $9,600 USD, but in 78 days 25 Ethereum it's have a value of $!5,000 USD to find up. So, you should need to find up $15,000 USD to accumulate 25 Ethereum in your portoflio later of 78 days after that Ethereum up the price. The same pass with altcoins. But the most interstin it's the following, the theme of volatile in the cryptocurrency and that allow to accumulate more altcoins when cryptocurrency droppring. But, this strategy sound good, but some implications. What is the best solution to accumulate cryptocurrency? I believe that the best solution to accumulate cryptocurrenc it's just to count on US Dollar how much you want to invest in Bitcoin, but for that, you should need tofind up how much money you want to invest in each altcoins. The second option it's the best when I mentioned the $1,000 USD for each altcoins, and an altcoins portfolio value on $7,000 USD. But that is the example. But, you can to make the following: 1. Not neccesary you need to find up $1,000 USD for each altcoins. You can to make it. But, if you don't have a top cryptocurrency to invest, it's very hard to know your favorites project, and it's very reccomend to know your own project tha tyou want to invest. For example: in the case on Bitcoin, I don't have any limit to find up how many Bitcoin I want to accumulate, I can to accumulate a lot Bitcoin how many times I want make it. But, in this case, altocins are not future of the money, altcoins are investmenet that can to resolve all issues in the world and they're solution of the problems. My second favorite cryptocurrency is Cardano, following of Chainlink, and Ethereum. So, I believe a lot in Cardano because Cardano have future in long-term. So, for that reason, my own goal is to find up 1,000 USD in Cardano to invest it. So, as I starting with $100 USD, my goal is to find up $1,000 USD in Cardano, and then the same with Chainlink $1,000 USD and Ethereum $1,000 USD open up each account in trading. But not neccesary, as Cardano if my favorite crypto, I can to large to find up maybe $5,000 USD, then in Chainlink could be $4,000 USD, and following with your latest top 8 on cryptocurrency. And finally, one of the best strategy to accumulate Gold and Silver it;s just to take out $1,000 USD to jnvest in Gold and $1,000 USD in Silver and then, open up an account for each commoditie assets. And also, I know that there's traders that manage a big account of trading that they're take out money toinvest in market, Imagine a trader that have $90,000 USD in their trading account and they're earn 10% weekly. So, that it's 9,000 USD And yes, $9,000 USD that is a great to invest in what they want wether it's stock market, gold, silver or commoditie. But to achived this quantity, we would need to be consistent and patient if you want to earn a lot money, but for that, we would need to work hard, help people and more. So, as they're a lot people that starting investin in this thing, included me that I have near of 3 years that I know Bitcoin and cryptocurrency. The best strategy it's prove to find up $1,000 USD for each altcoins to have an altcoins portfolio value on $7,000 USD. So, that mean to open up ech account for altcoins and to achived to find up $1,000 USD for each 7 altcoins to ill $7,000 USD in altcins. That is an excellent strategy. Imagine that in 2 or 3 years your altcoins portolio grow up over 1,000% for the next bull cycle in cryptocurrency. That could be a profit of $77,000 USD. So that $77,000 USD could represent in the future your altcoin's portolio value throughout of the time. And that could be a good for you if you're amateur. So, my own reccomendation is to trying and prove to find up $1,000 USD for each altcoins that you want to invest. And that strategy could be secure to reserve your own financial freedom.But not neccesary, imagine that your altcoin portfolio growing up over 4,000% of re-valuelization. So, the best strategy it's to find up $1,000 USD for each altcoin. And the case for Bitcoin, I don't have any quantity, but my goal is simple, just find up 15% weekly consistent and patience. And also, you can to add more value of money in your top altocins as Cardano, for example: all altcoin with $1,000 USD except Cardano that I want to put $3,000 USD in my portfolio in this crypto if I see large future for this crypto. That could be a good if you have as any cryptocurrenc so favorite. So guys, this is it my own strategy to accumulate altocins, Bitcoin and Gold. But if you work consistent and patience, you achieved your dreams and your goal. Good night!!! If you have any question, please respoing here!!! And if you want to check my top 8 crypto, please link below in the link to related ideas.
COINBASE:BTCUSDEducation
by harisonhbn9718
1