Part 3/9:
The first phase, known as accumulation, is typically characterized by a boring, stagnant market. Prices may hover sideways, and many altcoins might appear lifeless. During this phase, retail investors grow disillusioned, leading them to question the viability of crypto. However, this is when savvy investors capitalize on the sentiment, purchasing cryptocurrencies quietly and strategically.
In this phase, you should focus on large-cap coins, primarily Bitcoin and Ethereum, while identifying promising narratives that could gain traction in the upcoming cycle—such as artificial intelligence, decentralized finance (DeFi), and gaming. Formulate your entries for altcoins, preparing for the next phase while ensuring you have adequate capital ready for investment.