ALTCOIN FAQ's #altcoinseason
1. How long does an altcoin season usually last?
It varies, but most altcoin seasons last a few weeks to a few months, depending on overall market conditions.
2. Can altcoin season happen without Bitcoin moving?
Not usually. Bitcoin often leads the market. A slowdown or consolidation in Bitcoin’s price usually creates room for altcoins to shine.
3. Which altcoins benefit most during altcoin season?
Typically, large-cap altcoins like Ethereum, Solana, and Cardano move first, followed by mid-cap and meme coins.
4. Is it possible to predict altcoin season with accuracy?
No one can predict it perfectly, but monitoring indicators like Bitcoin dominance and altcoin trading volume helps a lot.
5. Should beginners invest heavily during altcoin season?
Beginners should start small, do their research, and avoid chasing hype without understanding the risks involved.