Besides holding your ETH, you can sell some amount to take your money back so you can use that profit to buy the other coins that can increase later. But it is no problem if you still want to hold your ETH during this increase but you should prepare yourselves to see fluctuating ETH prices from this month and the rest of this year. Besides that, we do not know how bitcoin will be at the end of this month or the next two months to impact the ETH movements.
actions that can be done by buying a potential altcoin and after getting a profit buy another altcoin that can also be very profitable. but maybe the action is quite time consuming and the risk that occurs will be more and more, it's better to focus on ethereum is the best action to take. although maybe the cost required is quite a lot because the price of ethereum is already very high.
clear fluctuations will always happen and we can't avoid it but with good analysis we can use it to be able to get profits, especially if we focus on etherum only and don't need to do much with other altcoins, even if we have to do it is important only to 1-2 potential coins only.
It is estimated that at the end of this year an alt season may occur, because seeing the increase in several potential altcoins, it has been seen that they are starting to move towards the end of October and early November. We hope that this will indeed happen because it will stimulate many new projects to grow.
Before you do that action, I assume you will have a list of the coins that will be your next target coin to buy. So after you sell the coins and take profit, you can move to the next target on your lists and check if the coin is not yet getting increased. You can know how to reduce the time-consuming of searching the coin from your analysis and coins list to help you enter the market at the right time. But that will need more experience doing that because we need to keep analyzing how the market will move.
The key here is just to analyze the market before taking action so we know what coins to buy and sell. You can focus only on ethereum but you can miss the chance to profit from the other coins at the market. If there is a way to make more profit, it is better to use it for our own benefits to achieving our goals.
Hopefully, this year can be a good year for us to see the next altcoin season before the end of this year so we can go back to make a big profit and then decide what we should do in the next year.
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