Crypto Market Crash: Top Strategies To Make 10x Profits This Downtrend

Published by

Elena R

April 17, 2024

Alex Wacy, a prominent crypto influencer, recently shared insights and strategies for navigating the volatile market conditions, particularly focusing on the potential opportunities in the upcoming altcoin season. In a series of posts on X, Wacy outlined key actions and considerations for investors seeking to capitalize on market movements.

Buy Fear, Sell Greed

Wacy emphasizes the classic adage of “buy fear, sell greed” as the guiding principle for outperforming the majority of investors. He recalls the FTX crash incident, highlighting how $SOL dropped significantly before experiencing substantial gains.

These critical moments need to be identified as they provide suitable points to enter the market.

Wacy advises investors to “focus on projects with strong fundamentals” to survive in the present volatile crypto market. This is because such projects usually rebound quickly when the market bounces back, potentially yielding significant profits for investors.

Looking at the current market conditions, Alex Wacy suggest that the top 200 projects can show “how 10-15x gains in just a few weeks.”

Preparing for Liquidity and Entry Points

Anticipating potential drops in altcoins, Wacy recommends preparing liquidity in advance and strategically selecting tokens with strong fundamentals. He advises investors to refrain from impulsive buying of tokens and crypto coins and encourages them to rather pay focus on projects that have demonstrated resilience during market downturns.

Wacy had previously shared a list of tokens that he believes have significant potential for growth, highlighting their unique features and value propositions. These tokens span various sectors, including decentralized finance (DeFi), artificial intelligence (AI), gaming, and decentralized networks.

Also Check Out : Top 3 Undervalued Altcoins Ahead Of Bitcoin Halving

Looking ahead at what many analysts term as an ‘unnatural bull market not led by Bitcoin’, Wacy predicts the commencement of a full-blown altcoin season within the next 1-3 months. He advises investors to capitalize on the current market conditions by strategically building portfolios with a focus on the next 4-6 months.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.