#AltcoinSeasonLoading Understanding Altcoin purchases.
#2. Bitcoin hits the bottom
As the currency dominating over 60% of the market, the cycle of Bitcoin also plays a decisive role in sparking an Altcoin season. The perfect time for Altcoin growth is when Bitcoin hits the bottom and begins to grow slowly. In this situation, most investors tend to hold Bitcoin and start trading various Altcoins.
2. Many Altcoins have hit the cycle bottom
Operating in a cyclical trend, after hitting the bottom, the price of Altcoin will begin its upward cycle. Combined with other market factors, the price of Altcoin promises to potentially return to its highest levels, even setting new all-time highs.
The cryptocurrency industry updates news daily about new products and trades, so seeking current information is very important. However, do not forget the "Pump and Dump" trick; do not let the media mislead you. Be rational, focus on accurate information such as actual data, and for investment advice, only refer to it.