I think there's no altcoin season, it's very different between this year and 2017-2018.
Those new coin on 2017-2018 aren't scam and gave legit payout based on the distribution/promise, but now all of them only scam and become worthless coin since many investors think new altcoin is scam.
All investors are looking for Bitcoin since Bitcoin is still bullish and could reach $50K-$100K.
Topic: Facts about altcoin season, - page 3. (Read 505 times)
This time around things are 💯 different, there is not ICO hype to hell altcoins surge insanely like they did in 2018 and even DeFi that might help have lost its hype, just imagine if DeFi is just making it's hype right now instead of mid 2020? Maybe through that all eye can be on altcoins or DeFi projects more than what we saw in 2020, here are few facts I know
1. Altcoin season might not help new projects at all, developers need to understand that it's now more about real use cases than profit making, bitcoin is been accumulated more because of its real potential
2. If new money don't flow into altcoins the ROI won't be much, so don't expect that 4000% profits you got in January 2018 unless something new happened that makes altcoins a target too, right now all bows goes to bitcoin
1. Altcoin season might not help new projects at all, developers need to understand that it's now more about real use cases than profit making, bitcoin is been accumulated more because of its real potential
2. If new money don't flow into altcoins the ROI won't be much, so don't expect that 4000% profits you got in January 2018 unless something new happened that makes altcoins a target too, right now all bows goes to bitcoin
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