Legendary Analyst il Capo Shares His Strategy for When “Big Altcoin Season” Arrives
The post Legendary Analyst il Capo Shares His Strategy for When “Big Altcoin Season” Arrives appeared on BitcoinEthereumNews.com.
Prominent crypto analyst il Capo has outlined his strategy for taking advantage of the highly anticipated altcoin season and avoiding common pitfalls like Fear of Missing Out (FOMO). In a recent statement, he offered a step-by-step guide to managing market volatility and making informed investment decisions. However, of course, it is important to remember that everyone should do their own research and that they can lose their entire investment in the high-risk cryptocurrency environment. “When a bullish wave occurs in the market, especially in altcoins, it usually happens gradually,” il Capo explained, adding: “While certain coins in an ecosystem may be rising aggressively, others may be trending sideways or even retreating. This often leads to FOMO, with investors rushing to move funds into coins that are already rising, only to see the coins they sold start to rise. It’s a frustrating but familiar scenario.” To counteract this emotional response, il Capo said it’s important to have a well-thought-out strategy. The key, he says, is to build a diversified portfolio that fits one’s capital, risk tolerance, and market understanding: “The best approach is to build a solid portfolio that includes a mix of large-caps, mid-caps, and micro-caps from different ecosystems. While it’s good to set aside some for trading, the foundation should be a strong holding portfolio that you maintain for most of the alt season. The focus should be on timing when to take profits.” Il Capo also warned against over-diversification and over-trading, urging investors to focus on strong, calculated investments rather than trying to follow every market narrative: “There are many coins, many trends, and many movements, but you can’t catch them all. Low volatility periods are a gift. They allow you to analyze the market, position yourself strategically, and take advantage of discounts before volatility returns.” Reflecting on…
Filed under: News - @ January 18, 2025 7:28 am