Welcome to our latest cryptocurrency analysis Livestream. In this video, we will be discussing Bitcoin, Ethereum, and other popular cryptos, and analyzing how to identify the start of an altcoin season by diving into historical data. We'll also cover some top altcoins to trade in 2023, and share some crypto trading tips for beginners.

Let's dive right in!

Identifying the Start of an Altcoin Season

Video Chapters: 0:00 altcoin season 4:52 start 28:28 Natural gas 

To start things off, let's take a look at some recent data tweeted by Lark Davis about the amount of Ethereum that is staked.

His tweet led me to look at the long-term Ethereum to US dollar chart, and it appears that Ethereum will hit new all-time highs of about $8,500.

But that's not all - there is another layer one protocol chart that I believe will do a 10x rather than the simple 4x that Ethereum is set up to do.

Now, while I may have my eye on the sky, my feet have to be on the ground so that I am managing my risk. Once I've managed my risk, then I can leave the results up to the market. 

And if we are going to see new all-time highs, there is a recognizable pattern that we can expect to see on the way up. In fact, we have a couple of patterns in the past to give us some ideas.

Top Altcoins to Trade in 2023

In today's live stream, I will be sharing some top altcoins to trade in 2023. However, an important distinction of my approach is that I try to avoid price prediction technical analysis and focus on risk management analysis.

I will also be talking about my two biggest crypto trading mistakes and sharing some tips for beginners.

One of the most important aspects of my approach is that I try to avoid getting caught up in hype and excitement. While it can be tempting to make wild predictions and get carried away by the latest trends, I prefer to stick to a disciplined approach that focuses on managing risk and following the flow chart of our trading plan through all 5 Stages Of The Trade.

Crypto Trading Tips for Beginners

To prepare for the altcoin season bull market, it's important to follow some basic crypto trading tips for beginners. First and foremost, always focus on risk management. This means building the correct position size, setting stop-loss orders with different strategies that are correct for each Stage of The Trade.

While it’s great to SAY you should avoid getting too caught up in the hype and excitement of the market…. and that it's important to stay disciplined and avoid making emotional decisions based on short-term trends….

Fact is, you will only follow the trading plan AFTER you believe in it.

Just One Of The Side Hustles

Remember that making money trading cryptocurrency is just one of the side hustles you should have in your bag of tricks to grow your wealth and abundance in every different direction. By investing just $20 per week and doubling your money every year, you CAN become a millionaire within seven years.

The key to successful cryptocurrency trading

To wrap things up - lets review: the key to successful cryptocurrency trading is to stay disciplined, manage your risk, and diversify at the correct time. By following the tips outlined in the livestream video above, you can learn to trade on your own and prepare yourself for the altcoin season bull market.

To increase your chances of success:

Remember to focus on risk management more than price prediction. With this principles in mind, you can start shifting the odds into your favor as you strive to grow your wealth and achieve your financial goals.