Recently, I have seen many people holding a bunch of alts, feeling a bit uneasy.

Will the altcoin season come? It definitely will. Although the fluctuations in between are nerve-wracking, the overall direction still follows Bitcoin, trending upwards before the end of the year. The real craziness happens at the end of the bull market — that kind of continuous surge without looking back, followed by the depths of a bear market.

The problem is this: Should you wait for a parabolic rise without a pullback to enter? That basically means you are just a bag holder for someone else.

What are retail investors most afraid of now? They fear the volatility of alts. But this is the essence of alts; either don't touch them or accept this rollercoaster-like thrill. Do you expect alts to be as stable as blue-chip stocks? That's unrealistic.

If you really wait until it continuously rises without taking a breath to enter the market, to put it bluntly, it's rushing in at the last stage of a bull market. At that time, watching the account balance soar is indeed exhilarating, but it often also means the game is nearing its end.

Remember one thing: the volatility of alts is not a bug, it's a feature. Whether you can survive this volatility and make money depends on your judgment of cycles and your ability to bear risks.