Now that Bitcoin has cooled off its upward rally from the low bear market, as the price of leading cryptoLight stabilizes and consolidates, pause is an opportunity for altcoins such as Ethereum and Ripple to recover the land lost by Bitcoin to everyone. trade coupon ratio.
Since most altcoins have reached historical average absorption, and all the signs point to the altcoin season on the horizon, as Bitcoin's profit is taken and invested in other crypto-points for additional returns. Those who have survived the past altcoin and Bitcoin bear cycles share their past teachings with the Crypton community, offering tips on how to increase profits next season.
Bitcoin Analyzer: How to find Alt-season before it starts
Following Bitcoin's highly popular media activity at the end of the Crypto Market in 2017, the entire Crypto market and all its individual Crypto-currencies feel value ranging from 85% to 99.9% of the losses.
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As these cryptoLooks have found their bottom in terms of the US dollar, early 2019 saw short-lived ALT seasons, which saw many altcoins doubled in USD. Most altcoins have surpassed Bitcoin, especially the Litecoin, who seem to have led crypto-rally before half. The tight link between altcoins and Bitcoin has helped Bitcoin out of the depths of the bear market to the current peaks.
However, after Bitcoin jumped over $ 4,200, altcoins began a backward correlation with Bitcoin, instead of downgrading compared to BTC until Bitcoin jumped, only further increasing Bitcoin dominance.
#ALTSEASON check list:
1. #Bitcoin rallies
3. $ ETH interruptions over 200 EMA (ie long-term investor mood criterion)
4. Decline in the battlefield dominance
5. Cash flow from large caps to medium caps and lower caps ⏱️
– Rekt Capital (@rektcapital) May 14, 2019
A breakthrough in the battlefield dominance is the fourth signal in a checklist of crypto analysts on the conditions for creating an alternative season. This step is taking place after Bitcoin rallies and the money begins to flow into large caps such as Ethereum and Ripple, respectively two and three cryptos.
Once Ethereum has passed over 200 EMA, which has happened in recent days, Bitcoin's downfall has begun to decline. This is when money starts to flow from large caps to medium and low capital.
Knowing this turn of events and the flow of Bitcoin capital into large caps, then medium and low capital can be added to any trade strategy to maximize profits.
Do not forget to make profits from Crypto Gains during the Bull Runs
If the Cribs traders find themselves in the middle of a full season, Crypto analyst Panama Crypto suggests making profits on the way up, while leaving a "lunar bag" reserved for the chances of a cipher that disappears considerably.
Things I'd like to know last season:
+ Make profits the way up
+ Always leave a lunar bag
+ Choose quality over the amount of projects
+ Do not pursue green candles
+ If you achieve a profitable change, make profits and run
+ Do not be greedy
+ Hodl works only on the way up
– Panama Crypto ⚡ (@Panama_TJ) 15 May 2019
The best advice the merchant gives is a reminder that if a "life-changing profit" ever is achieved, profits are made and "run".
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Many investors in the crypt-currency in the midst of the last bull have dealt with the values they have never dreamed of, but greed and fear of omission have caused many to miss the opportunity to make profits and have been forced to hold the longest market, It is worth noting that profits are never actually profits until they are realized, and the crypt is paid in fictitious currency.