You can spark the next altcoin rally, where is your bet?????

Given Bitcoin dominant performance over the last couple weeks, everyone been asking when would the altcoin season start. For those who aren't aware the altcoin season is basically a period of time where coins other than Bitcoin start to pump. It usually a steroid fill moment, as the ETH flippening narrative starts to take shape or the XRP army flippening starts to warm up. If you been around long enough, you definitely know, its the period when many become millionaires as the gold rush to the next Bitcoin 2.0 starts.

Given the history of this period, its a difficult time to translate your gains into actually money because most people rather than take profits would put more money into the market hoping that it further bloom their holdings. From time to time, this technique works but for most, when the music stops they are the only people left in the party. Coins can typically pump 300 to 500% in a single night, even a 1000% in some cases as a little 10K buying pressure can send these coins rocketing. One of the reason for this phenomenon is the fact that most people have literally sold at the bottom and the order-book is quite thin on the sell side. Many also refer to this period as one of heavy manipulation but if you been around long enough you would realize its a golden opportunity for whales to double their holdings as it always works at bringing more speculators into the market and lots more liquidity to sell their bags on. Whales typical triple their money gain on a 10K investment. Lots of coin are prime to move as many holders of these coins have long abandon the ship. Whales have been accumulating lots of these coins and are awaiting a good time window, where you control the supply and can market buy with a 10k investment that subsequently send this market pair into a frenzy and entice outside speculators to join into the party.

The idea of this post is to encourage folks to think big and think beyond, look at coins and their historic performance on some exchanges and you can get a feel of the performance. Its easy to accumulate as much as 1% supply of a coin on a 1K investment that can subsequently pump 300 to 500%. The idea of this kind of trade is that you become a shareholder in the party. You typical get to dictate how long the pumps goes for as it becomes a case of when you decide to take profits. Others may point out that this isn't good and its all manipulation, the idea of having skin in the game and know how to play to market is your best answer to these critics. Its all about risk vs reward, at times, taking a bet against the crowd and understanding where you risk tolerance exist. Its not a game that is suited for everyone, some people simply do not have the emotional backbone to play this game and I definitely would not advice people who haven't done it to get all cocky about doing it.

So Steemians the question I ask you, is this the altcoins season??? Can you spark the next altcoin rally?? Having your portfolio well position could mean, you can dance to the music ahead. As usually play only what you can afford to lose and as usually keep Steem and SBD in your basket because in this altcoin season, lots of surprises are ahead.