After hitting the year’s high in March, BTC is yet again peaking at $73,000; market analysts are buzzing about the potential for an explosive altcoin season. Here’s how experts suggest you can position your portfolio for this anticipated “Banana Zone”.
A crypto analyst, Bee shares his insights for newcomers with limited capital. He began his journey on the Aptos testnet, earning $30,000 from an APT airdrop in just four months. For those starting with no funds, Bee recommends engaging in active testnets like Berachain and Babylon Chain to gain similar opportunities.
After his initial success, Bee moved on to mainnet airdrop farming, using over 100 accounts to farm Arbitrum airdrop, which netted him $180,000. He advises investors with at least $1,000 to look into projects on networks like Base Network, Zora, and Hyperlane. Bee also capitalized on the rise of meme coins, turning a $10,000 investment in Pepe (PEPE) into over $160,000 at its peak.
He continues to trade meme coins, recently turning a $3,000 investment in POPCAT tokens into $60,000.
YouTuber “No BS Crypto” offers a structured approach for the altcoin season. He emphasizes setting clear goals, adopting a risk-averse mindset, diligently tracking transactions, diversifying investments across promising crypto narratives, having a definite exit strategy, and using disciplined dollar-cost averaging.
Interestingly, Miles Deutscher, another YouTuber, suggests looking at VC-backed altcoins that have recently underperformed but are set for recovery. He believes these tokens, like LayerZero (ZRO), zkSync (ZK), Ethena (ENA), StarkNet, and Aethir (ATH), offer strong short-term trading opportunities due to their solid use cases and backing despite recent price drops.
Each expert offers a different perspective on maximizing gains during the altcoin season, so consider these strategies based on your investment goals and risk tolerance.
Also Read: Must Buy Cat-Themed Meme Coins Amid Market Recovery
The potential for massive gains is undeniable, but so is the risk. Approach the “altcoin season” with caution and a well-thought-out plan.
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