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Now that we're once again picking up steam is when you should be the most cautious.

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by COINS NEWS 39 Views

We've all heard the saying, but there's a reason it's true. Don't get blindsided by the possible altcoin season that might come in the near future.

I know it's tempting to buy in on coins that appear out of nowhere and seem to grow 1000% in just a few weeks, especially if you think you can get out before it all comes crashing down, but it really isn't worth it. With more retail investors coming in and a possible bull in the horizon, what you actually want is to keep away.

It sounds counterintuitive, but that's how you make money. You invest what you can during the bear market, you allocate your resources in the projects you think are worth it, and THEN when the bull comes, you just DCA and let it ride out. It's not worth it to spend your entire time during busier seasons looking for whatever new coin of the month you can maybe get some profits with. Stick to your plan. Invest, DCA ocassionally and then go out and live your life while the bull happens.

Remember that being too capricious and obsessed with crypto is the easiest way to lose money. You don't want to be glued to the screen. The only people in the space who make money are those who draw up a profit plan and they STICK TO IT.

So go, do that and live your life while you enjoy some free revenue when the bull comes. You'll thank me later.

submitted by /u/Willyougrabham
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