"I can smell the alt season"... Yeahhhhh right, that's what you wish.
Everyone owns altcoins. How the fuck will they go up? Someone has to buy them. Is new money coming out of nowhere into altcoins? Nope...
What needs to happen is BTC to become name of the game again. We need it to go up and break previous all time highs. When BTC is rallying everyone will be joining the train and dumping their altcoins. When Bitcoin is past 20k and a lot of new money has been pumped into the game, alts will have bottomed out at some point and new altcoin season might begin.
All altcoin seasons have been based on dreams and beliefs(note, there is no product. Altcoins are basically tulips for the most part). Is this one going to be the same? Or have people who have lost money gotten smarter?
I really hope so we get another stupid alt season and everything pumps hard. But this is very very questionable(regulations are coming, maybe all sources have been exhausted as well).
So my questions for you are:
1)Is there a lot of potential new people who don't own any crypto yet? Or has every millenial already bought some shitcoins?
2)Which coin will most people find valuable/worth investing into? To give an example, Ripple was one such coin. What do you think, which one could be next, which ones?
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