After BTC hit its yearly high in March, the price has fallen back to $73,000. Market analysts are enthused about the possibility of an explosive altcoin season. Here’s how to position your portfolio for this expected “banana zone,” according to experts.
Bee’s Strategy for Beginners As a cryptocurrency analyst
Bee shares his insights for beginners with limited funds. He began his journey with the Aptos testnet and made $30,000 in APT airdrops in just four months. For those starting out with no funds, Bee recommends joining active testnets like Berachain and Babylon Chain to get similar opportunities.
Mainnet Airdrop Farming and Meme Coins
After his initial success, Bee switched to mainnet airdrop farming, farming Arbitrum airdrops with over 100 accounts and earning $180,000. He advises investors with at least $1,000 to look at projects on the network such as Base Network, Zora, and Hyperlane. Bee has also benefited from the rise of meme coins, with his $10,000 investment in Pepe (PEPE) reaching over $160,000 at its peak.
He continues to trade meme coins and recently turned a $3,000 investment in POPCAT token into $60,000.
A Structured Plan for Altcoin Season
YouTuber “No BS Crypto” offers a structured approach to altcoin season. He emphasizes the need to set clear goals, adopt a risk-averse mindset, carefully track trades, diversify investments across promising cryptocurrency stories, have a clear exit strategy, and apply disciplined cost averaging.
VC-Backed Insider Tips
Interestingly, another YouTuber, Miles Deutscher, suggests keeping an eye on VC-backed altcoins that have underperformed recently but are poised to bounce back. He believes that tokens such as LayerZero (ZRO), zkSync (ZK), Ethena (ENA), StarkNet, and Aethir (ATH) offer strong short-term trading opportunities despite their recent price drops due to their solid use cases and support.
Each expert offers a different perspective on maximizing profits during altcoin season, so consider these strategies based on your investment goals and risk tolerance.
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