The analyst told how to survive in Alseson

Alseson is a period when the growth of altcoins is significantly ahead of bitcoin. Such periods open up opportunities for earnings on alternative coins. Unfortunately, many traders become victims of FOMO – fear of missing

A popular in the crypto community, the trader and analyst Virtualbacon believes that many mistakes can be avoided. He shared with his subscribers X instructions “How to survive in the altsyzone and not become a victim of FOMO.”

1. Understand the signals of the beginning of altsyzone

Many factors indicate the beginning of the altsyzone and they need to be fixed. This is what the analyst paid attention to:

  • BTC updated the historical maximum, then the rollback began.
  • Bitcoin’s domination dropped below 60.5% – this is a key indicator of altsyzone approaches. Closing the week below this level, in his opinion, is a green light for altcoins.

Altsyzone index

2. Do not panic during kickbacks

Ramps of 4–8% before altsyzone are a normal market shake, and not the end of the trend. Money during this period is flowing along the chain: BTC → ETH → Sol/XRP → The rest of the market.

3. The main enemy is FOMO

Error No. 1: chase the coins that have already done +50%, +100%, +500%. Such a strategy leads to the purchase of losses on peaks and fixing losses with subsequent subsidence.

4. Do not chase a hot narrative

In Alseson, leaders change every week: today AI, tomorrow memes, then gaming and so on. Those who stare at the pampup run the risk of missing real opportunities.

5. Follow the stream of capital

The sequence is always one:

  1. Large coins.
  2. Medium coins.
  3. Small coins.

Even in the top 100, growth goes in waves: TOP-10 → TOP-20 → TOP-30. Now the market is at the stage of growth of large altcoins.

6. Do not complicate the work

Complex work with narratives is needed when the BTC domination low and large coins have already risen in price. At an early stage, almost all strong coins with great capitalization shoot – look for lagging behind.

7. Move capital

There are no ideal points of entering the market. Keep a position until the goal is achieved, then use profit to make money on the next promising coin.

Other recommendations

  • Work only with the top 100 (at the start of the cycle).
  • Avoid high FDV coins (fully divorced capitalization), outdated technology. It is also worth it to be careful about the exchanges tokens.
  • The focus should be kept on assets that are traded below historical maximums.
  • At a time, it is worth holding no more than 10 open positions.
  • The rotation should be carried out down on capitalization, as the targets achieve.
  • You can’t succumb to excitement

According to the author’s observations, altsyzone can last 1-2 months.

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Source: Cryptocurrency

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