What is alt season? What does it entail?

[OcTradism]

Bitcoin Season is coming to an end. Now we just have to wait and be patient for Altcoin Season.
Key is being in Altcoins long before that chart actually hits Altcoin Season (to get maximum profit).

Altcoins are trying to climb and break out. It is still far from the point to call it as altcoin season but they already break the one third bottom line (25%). There are 3 figures today.
- Altcoin month indes: 33
- Altcoin season index: 27
- Altcoin year index: 39

I am waiting for the altcoin month index to hit 50 points as it might trigger the capital to flow to altcoins. After that the altcoin season index might hit 50 points and all the game for altcoins will be set.

[RussianEnglishTranslation]

I don’t understand what an alt season is other than altcoins growing in price. Why do they grow in price? How do people determine whether an alt season has begun?

You know altseason has begun when Bitcon's dominance of the market falls under 50% but by then you will have passed up the best time to buy alts. You need to be buying microcaps like UNCX and 0xMR now while they are affordable.

[avikz]

I don’t understand what an alt season is other than altcoins growing in price. Why do they grow in price? How do people determine whether an alt season has begun?

Alt season is a myth! It doesn't exist and it is purely a made up term to create marketing gimmick. It doesn't mean anything in real life. What really matters is the bitcoin season and not altcoin season! It has been observed that altcoins do rise in value only when bitcoin starts rising! Yes, there are few altcoins sometime are able to create some marketing buzz, but that can't be counted for the whole lot!

So always look for bitcoin and its pricing dynamics. That's what is only worth your time!