Altseason Begins, Here's What First Traders And Investors Need To Pay Attention To
JAKARTA - Michael Wyann as Research Analyst Reku and Web3 Educator said historically, Bitcoin experienced a rally in the span of between 1-6 months after halling.
Setelah itu biasanya akan diikuti oleh munculnya Altcoin Season atau Altseason, sebuah keadaan di mana altcoin akan mencatatkan performa yang jauh lebih baik dibanding Bitcoin.
Amid Altseason's current potential and optimism, Michael argues that investors need to optimize momentum very carefully.
"Before the Altcoin price increase appears, it can actually be an opportunity for investors to invest or trade at lower prices," he said in a statement quoted on Sunday, June 2.
Well, strategies that can be done especially for novice and conservative investors include investing regularly or Dollar Cost Averaging (DCA), because timing the market may be more challenging.
"That way, investors can invest in certain amounts and give attractive average prices," said Michael.
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As for traders, situations ahead of Altseason can be exploited by formulating more aggressive trading strategies such as day trading or swing trading, to take advantage of volatility to achieve quick profits.
"Traders can also position their crypto portfolio in the right narrative, because it is important to keep up with the latest trends and developments in the market, in order to ensure that the asset allocation of traders is in line with future projects and coins that have potential growth," explained Michael.