In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
The market looks bullish for now but you can never tell what the whales are going to do. My strategy is to stake cryptos like ETH, NEAR, Celo and to sell the staking rewards only when the market goes up.
It's not as easy as it sounds, indeed what you say is quite effective if we are able to control the mental situation of beginners during a big big decline. Because at the moment the market looks good and is a good start in September it is possible that the Bullish market will continue. The popes of course use this as a place to roll the dice. So keep trading short term for altcoins.