IS ALTSEASON OVER ??? #altcoins
Every crypto cycle has a special place for altcoins popularly known as "alts season," where a lot of investors enjoy massive returns on their investments. The 2012/2013, 2016/2017, and 2020/2021 respective seasons followed a similar pattern of blossom as liquidity flowed from Bitcoin and was evenly distributed across altcoins.
The 2024/2025 cycle seems to be taking a different shape. The number of altcoins has grown exponentially as new coins flood the market every day, and the drive for Bitcoin accumulation is on very steady progress at both retail and institutional levels. With that said, when $BTC pumps, most altcoins either go sideways or see a marginal rise in value, but when Bitcoin dumps, altcoins fall as if the world was coming to an end.
The optimism of many retail investors in the promise of an "alts season" is growing cold day by day as their altcoin portfolio sits at -50% to -70% drop in value. This situation can be likened to the established quote: "You can't make a harvest in the wintertime." Same is true even for retail investors who fell for the recent gold rush of the $TRUMP meme and are silently bleeding.
So what can be done as altcoins enjoy wintertime???
Just like how life does not stop in winter, even so do altcoins. Do you remember when Solana dropped to $8??? That was a wintertime for $SOL holders. Although the previous performance of a coin does not guarantee it future but once the general attitude of the market changes towards altcoins, we could experience a shift and who knows, the much anticipated "alts season" will take off.🚀
Until then, keep your head up in patience and stand by your convictions.
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