If you were in "Crypto" in 2017, you may remember a period of time called "ALTCOIN SEASON". It was when every single "Shitcoin" had major "Gainz" and "Fomo" for no reason at all. π
Will we ever experience another "ALTCOIN" Season again? ππ
In my opinion, YES! However... it's not going to be like the one we seen in 2017 when every coin went to the moon but it's still going to be a pretty epic time.
When can we expect this to happen? π€·ββοΈ
No one really knows for sure. Many "experts" are expecting to see another "ALT COIN" when we see Bitcoin pass its all time high of $20,000.
We did see a similar thing happen in the beginning of 2018 when BTC started to drop and lots of profits when into the ALTS. π°
With that being said, I recently found a neat website that created a "ALTCOIN" Season Index chart in where you can check the stats.
Be sure to save this website so that you can position yourself into Alts to maximize your "Gainz" when the time is right.
https://www.blockchaincenter.net/altcoin-season-index/
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I kinda doubt it, lol the reason why everyone fomo'd in was because BTC was new too them and they thought BTC and alts were going up to the mewn! We'll those investors were burned and people (the world) wised up! Some of them are still waiting to break even and sell! As soon as it gets back, if it did it would probably fall again!! The general population does not like crypto anymore and the original alt season gives btc a negative connotation! It is a bunch of bull and if it happens i'm dumping again! lol I'm just being honest, I think things are different now, but sure I hope it happens again, the chart looks good!
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I kinda disagree. In my opinion, we will see an ever more aggressive Alt Season.
Your point makes sense, but you have to consider that people who got burned are just a super small minority of the world. The boom is about to happen and if some got burned during the bear market, now there will be a lot of new blood coming into the crypto world. And this will drive the prices crazy, as usual, with speculation and irrational price movements, but itΒ΄is the process a new technology has to go through.
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Don't need a website to track it, we will know when it will come. ;)
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ItΒ΄s only a matter of time and in terms of positioning yourself you just have to buy when prices are down. This means you wont get many better chances than right now. But this is just my opinion! :D
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We all waited and thought it would be now, but it is slow to arrive so maybe only next year, as you say - $20kBTC. Although each time is different so I won't be holding my breath. I am more into BTC now than ever since learning from the 2017 days.
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