Part 6/9:
While Bitcoin’s recovery is paramount, altcoins historically yield significant returns during market rallies. The coming altcoin season will see capital flow from Bitcoin to larger cap coins like Ethereum, eventually trickling down to smaller cap investments. The essence of a successful altcoin strategy lies in timing the market correctly and recognizing when investor FOMO begins to kick in.
Investors must remain vigilant during this phase, particularly as the distinct potential for massive returns exists within select altcoins. The initiation of an altcoin rally typically follows three key phases:
- Bitcoin Rallies: Attention and investment first concentrate on Bitcoin, serving as the market leader.