Why Do Most Traders Fall Into the "Altseason" Trap

Every few weeks, whenever BTC or ETH is bullish, the familiar refrain echoes: "Altseason is here! Altcoins are about to explode!" And then, thousands of FOMO traders jumped in... only to witness their accounts bleeding out day by day. Since the beginning of August, I have reminded you: Historical statistics show that August is one of the worst months for BTC ( median return: -8%). During this period, altcoins usually perform weaker than ETH and bleed heavily. As predicted: within just a week, many altcoins have dropped more than 20%, and now those who once shouted "altseason" have disappeared into silence. The harsh truth: 👉 There is absolutely no "altseason" for the 100th time. 👉 Smart money does not chase hashtags, but chooses reasonable entry points. 👉 Retail traders incur losses due to trading based on emotions, without a plan. What is the takeaway? Don't chase the hype on social media. Be steadfast with your personal strategy. DCA with patience rather than going all-in with the crowd. Don't pay "market tuition" twice just because you repeat old mistakes. In crypto, history does not repeat itself, but it always "rhymes." And every mistaken verse begins with: "Altseason is coming..." 🩸