The Psychology of Altseason: My Core Principle, Learned Over Years
Friends, I want to share a lesson that will save you a lot of money and stress over the next two months.
In a fast-moving altseason, most people lose money because of 3 mistakes:
1. Selling Winners: They close a +20% rocket to buy a coin that "hasn't pumped yet."
2. Buying Losers: They invest in falling assets, hoping to catch the bottom.
3. Losing Focus: They open too many trades instead of concentrating on the leaders.
Remember this one principle that will change your trading:
REINFORCE STRENGTH.
Don't look for "dark horses." Look for leaders. This is an attention market. Money flows into what is already growing and flying. Your job is to be in that flow.
And one more thing. Please, listen to me.
β‘οΈ RULE FOR THE NEXT 2 MONTHS: DO NOT SHORT ANYTHING.π
Every 15-25% correction on a strong project is a buying opportunity, not a top signal. This is how past cycles have worked. This is how this one will work.
Here's what it looked like on the APT chart last cycle. Every one of these pullbacks was an entry point, not the end of the trend. This is a visual guide for what's to come.
If your project is stuck while others are flying, it's time to reconsider. Remember the SUI (10x) vs. APTOS (4x) example? Market attention is everything.
This is just a fraction of the ideas from my new major post on TradingView. Make sure to read the full analysis, it contains the complete strategy. β‘οΈLINK
Best regards @EXCAVO
Friends, I want to share a lesson that will save you a lot of money and stress over the next two months.
In a fast-moving altseason, most people lose money because of 3 mistakes:
1. Selling Winners: They close a +20% rocket to buy a coin that "hasn't pumped yet."
2. Buying Losers: They invest in falling assets, hoping to catch the bottom.
3. Losing Focus: They open too many trades instead of concentrating on the leaders.
Remember this one principle that will change your trading:
REINFORCE STRENGTH.
Don't look for "dark horses." Look for leaders. This is an attention market. Money flows into what is already growing and flying. Your job is to be in that flow.
And one more thing. Please, listen to me.
β‘οΈ RULE FOR THE NEXT 2 MONTHS: DO NOT SHORT ANYTHING.π
Every 15-25% correction on a strong project is a buying opportunity, not a top signal. This is how past cycles have worked. This is how this one will work.
Here's what it looked like on the APT chart last cycle. Every one of these pullbacks was an entry point, not the end of the trend. This is a visual guide for what's to come.
If your project is stuck while others are flying, it's time to reconsider. Remember the SUI (10x) vs. APTOS (4x) example? Market attention is everything.
This is just a fraction of the ideas from my new major post on TradingView. Make sure to read the full analysis, it contains the complete strategy. β‘οΈLINK
Best regards @EXCAVO
π΅π³ #BTC Wallet that hasn't been used since 2011 moved 3962 BTC worth ~$468M a couple hours ago.
π€π #ENA Anchorage Digital have partnered with Ethena Labs to launch a stackablecoin
ππ° #ETH Bitmine purchased ETH already at > $2 billion (566,776 ETH)
πΊπΈπ #macro US (July; Prev):
- S&P Composite PMI: 54.6 (previous: 52.9);
- S&P Manufacturing PMI: 49.5 (previous: 52.9);
- S&P Services PMI: 55.2 (pred: 52.9).
- S&P Composite PMI: 54.6 (previous: 52.9);
- S&P Manufacturing PMI: 49.5 (previous: 52.9);
- S&P Services PMI: 55.2 (pred: 52.9).
ππ #TRX Messari: Tron posted growth across all key metrics in the second quarter, including a 17% increase in market capitalization and 20.5% year-over-year revenue growth ($915.9 million) - both the highest in several quarters.
The development of the ecosystem was facilitated by partnerships with SRM Entertainment, Privy, Bridge (a Stripe company), AEON Pay and others.
The development of the ecosystem was facilitated by partnerships with SRM Entertainment, Privy, Bridge (a Stripe company), AEON Pay and others.
π₯³ #TON Ton Foundation and Kingsway Capital plan to raise $400 million to create a treasury in TON
π€π #TIA Celestia announced an agreement with Polychain Capital to purchase 43.4 million TIA
π΄ββ οΈ #WOO Cyvers Alerts: WOO X likely hacked to the tune of $12M
π’π€ #ETH CryptoRank: The surge in open interest signals growing demand for Ethereum. However, investors should exercise caution, as peaks in open interest have often been followed by price corrections.
πΊπΈπ€ #AI Trump signed executive orders on artificial intelligence