You are viewing a single comment's thread from:

RE: LeoThread 2024-12-18 02:18

in LeoFinance3 months ago

Part 4/8:

One critical strategy the speaker discusses is profit-taking from larger-cap altcoins and reallocating towards smaller-cap coins, based on clear indicators. Charts reflecting the activities of medium and small-cap coins during historic bull runs provide guidance for future actions. A strong market performance in larger-cap assets, followed by significant pump events in smaller coins, should trigger profit-taking actions.

Among these strategies, investors should be mindful of various resistance points that signal when to take profits. The speaker emphasizes the importance of monitoring the “others” dominance in the market, which reflects smaller and medium-cap coins’ performance relative to Bitcoin.

A Cautionary Note: Not Marrying Your Altcoins