Personal experience is always valuable.

Now it is clear how the alt season occurs, the most important thing is to enter at the right prices to get something out of it. I listened to my friends about the alt season and they shouted at me to buy while the prices are sweet, I made my purchases, thank God I don't have the mania to buy with all my money and I don't throw everything I have into trying something new. I invested 1200 ₴, and I will show you an example with ARB, I bought ARB at an average price of 1.55₴, today it is 0.19$ , from the total portfolio I have 180₴ left, which means in order for me to get my money back ARB has to rise by 730%, so if I buy at the price of 0.19 ₴ and ARB returns to its values then I can make a profit and quite a decent one, but as I said before there is no alt season, everything revolves around BTC, alt is not something that can earn money.