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RE: Steemit and the alt season | Do you have a strategy?!

in Project HOPE5 years ago

I arrived at Steem and after the fall of 2017, I did not live that time.

Certainly I have lacked to think of a strategy to work with the cycles of this blockchain, that is a weakness that I should solve.

I have a certain expectation that a possible increase in the price of Bitcoin will drag the other cryptocurrencies, as happened in other opportunities.

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I think so, it will get altcoins up together with bitcoin. Maybe it might happen after breaking ATH (20k), maybe they will go up from now (and then the dominance of bitcoin will fall). We are in the middle of the cycle, already bottomed, so now we will have "good times". But if some will have not a strategy and mental set-up, that the peak might happen like in 2017, and then another 85%-99% fall (correction), one could be desperate by the non-existing strategy behavior. I am not here to tell you when to sell all, but I would like to encourage you to think about those cycles and how to work with them.