Here’s a practical strategy to share with everyone, for reference only; If you believe BTC is at the beginning of a new cycle, and you must allocate some positions in altcoins, how to operate? The captain shares the strategy he uses; Using fundamentals as a reference point, whether an altcoin has potential in the future mainly depends on the bottom consolidation pattern (5-step method to judge) or the high-level consolidation pattern. As we mentioned before, the bottom box consolidation and the high-level box consolidation, as long as the BTC trend hasn’t ended, and using equal cycles to predict the next change cycle can be calculated. If you are firmly optimistic and have mastered the above content, that’s fine; In the current market, the probability of a coin exploding is definitely very low. You can choose 2-3 coins, look for potential main narrative tracks, and ambush 2-3 of them. For example, allocate one layer of positions for one track and wait (but here you must predict the BTC change cycle; the more it fluctuates, the more it helps you judge which altcoin you hold is strong); A. If you currently have 3 altcoins and you’ve judged their strengths and weaknesses, adjust your positions, strengthening the weak ones; B. If you currently have 3 altcoins, and one strongly breaks through, and during BTC's sharp drop, it falls with volume but can recover with reduced volume, then this is also a strong performance; (This must be noted, before the second wave starts in a cycle, you can strengthen the weak ones, but if it’s the third wave, the risk is high.) Basically, the captain uses this method. The current market with chaotic fluctuations is definitely gone, but there are still stage mainline trends. You can’t predict the future, so ambushing a bottom position is crucial. At worst, you won’t make money, but you won’t lose money. Here, you need to focus on mainstream and liquidity; the targets you ambush must pay attention to liquidity; However, the reality is that many old friends don’t even understand what liquidity is, let alone its impact on fundamentals; Trading is a practice, constantly strengthening and improving, so you can stand undefeated. I admit that the captain has had a bit of luck over the years, but there’s also a bit of sharpness. This is purely sharing experience, just for reference; These are all insights, if useful, please comment, like, and share more; (Limited flow, let’s see how many iron fans are still paying attention to some solid content); For this content, if it gets over 100 likes, the captain will share a detailed explanation on YouTube.
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