Altcoin season is a highly anticipated period for crypto traders. Especially retail and novice investors with limited capital.
In this season, alternative coins show competitive performance with the first cryptocurrency, namely Bitcoin. In fact, as you also know, the prices of several altcoins are still very affordable.
As a result, altcoin season often gives novice and retail traders with limited capital a breath of fresh air. Come on, get to know more about this one cuan season!
Also read: Check out 10 Ways to Get Passive Income from Crypto Assets!
What is Altcoin?
First, you should know what is meant by altcoin. Make no mistake, altcoin is not a cryptocurrency specifically.
Altcoin is a terminology used by cryptocurrency enthusiasts to refer to alternative cryptocurrencies other than Bitcoin.