The trader should understand the fact the bull run after the bear run,So it was essential to wait for the next season to buy or sell.If the trader brought altcoin in the bear run,the bull run will give the traders with some good profit.Some traders uses the bull run to buy,it should be avoided.So the capital loss will not happen to the trader money.Minimum profit can be achieved using the market fluctuations of price.
I think, is very important for traders to take note that after bullish season, bearish season is about to take place in the market for those that made income from their trading to use the period to purchase more coins that will make them to be comfortable in holding without the fear of disappearing. Purchasing altcoins during the bullish season will not going to make your income massive in the future, and if you want your income to be massive in this year, purchase your altcoins in the bearish season. Based on what is happening now in the altcoins market, show that the bearish season that will lead to massive bullish season is about to take over the market which investors need to embrace this opportunity to purchase and hold until the bullish season appear.
Right now, the market is very unpredictable and I don't think the bearish market is coming but the bull market would be.
If you check the BTC chart, it shows a different pattern, and probably the bear market will end this month which I think would be good for hoarding altcoins or doing DCA.
It's probably the end for the bullish trend, and the bitcoin pattern is truly unpredictable at this moment. People said that before it's formed the same patter like 2021 and megabull in the cycle but the reality is very very different at this moment. Bitcoin is not showing clear patter.
Following the news from mtgox to redistributed their bitcoin to the creditors and that's a bearish news for sure. Bitcoin can be dumped even deeper.