Many in the crypto community often ask: “When will Altseason start?” The real answer? It probably never will. The big accounts that create excitement about the next Altseason are just feeding the dream, nothing more.
Looking Back at the Golden Age 2017-2018
The period 2017-2018 was a unique period in the history of the cryptocurrency market. There were far fewer coins, and most of them were only traded against Bitcoin. As the market went up, all altcoins increased in price, creating huge profits for those who held altcoins. This was the golden age when a true "Altseason" took place, with a series of coins growing strongly without too many complicated strategies.
The Changing Landscape of the Market
However, the cryptocurrency market has changed significantly. We are in a new era where capital is constantly circulating and always looking for hot trends. Today's traders no longer wait for a collective "Altseason," but instead chase exciting stories, from DeFi, NFTs to prominent new memecoin trends. Memecoins are increasingly capturing attention, thanks to their ability to generate significant profits in a short time.
The Harsh Truth about the Current Altseason
With this new landscape, it is likely that we will no longer see a classic Altseason like the 2017-2018 period. The market has become more complex, with thousands of different coins, each with its own community and characteristics. This makes it almost impossible for all altcoins to rise in value simultaneously as before.
Successful Strategies in the Modern Market
To succeed in today's crypto market, you need a clear strategy. Investing is no longer as simple as just buying and waiting. Now, you need to actively research, catch potential trends early, and constantly monitor market changes.
Those who just sit still, hoping their altcoins will rise in value due to a new "Altseason" may be left behind, missing out on great profit opportunities.
Instead of waiting for a mythical Altseason, be proactive in seeking new opportunities, identifying trends, and preparing for the rapid changes in today's crypto market.