Facts about altcoin season,

[CashbackLover]

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

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[Jawhead999]

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.

[bitkanu]

There's no altcoin season dude, when bitcoin has been pumped and then altcoins will be following it, don't you see the chart before? It looks like you are missing from a thing from there.
This time all about how good the progress that already made by the team.
if the team can deliver something good and investors will FOMO to buy such coin and the pump will happen.
Altcoin season is only the name of how people was calling it when the majority of altcoins get the bullish trend.

[lienfaye]

Indeed the current situation now is different from before so we cant expect the history will repeat itself. Most investors are into bitcoin due to the huge increase, and its understandable why they are switching their alts to hold bitcoin.

Thus there's no alts season at this moment though it will happen sooner or later. Lets just be patient and take advantage the altcoins that are currently in affordable price. It will be worth it in time.

[AmoreJaz]

Indeed the current situation now is different from before so we cant expect the history will repeat itself. Most investors are into bitcoin due to the huge increase, and its understandable why they are switching their alts to hold bitcoin.

Thus there's no alts season at this moment though it will happen sooner or later. Lets just be patient and take advantage the altcoins that are currently in affordable price. It will be worth it in time.

only few of them will be valuable. one should be careful buying alts that have no strong foundation or have no strong use case. as we have seen, only those with strong dev team can really exist long time. it really depends on how their respective dev is sustaining the progress of the coin. because once the community learned that there's no more activity going on, they will just move on to the next. hard to trust alts for long term investment. better stick with btc.

[cilgindansci]

There is a demand for cryptocurrency markets right now, and the pioneer of this is Bitcoin. Altcoins showed a rally, but I think not everything is great right now. Bitcoin and other cryptocurrencies have been very quiet for a few days. Bitcoin stays at these levels and altcoins can make a breakthrough again. That's when we have a real altcoin season 

[masterrex]

Your observation is right, But I dont believe it was really an altcoin season instead we can call it a few altcoins boom. because not all altcoins are gaining much traction unlike before 2017-2018, for example, the Tron and Tezos are not doing much movement besides both are also top-ranking Altcoins thats I dont believe that altcoin season is here. 

[silverston]

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

It was immediately clear that we would not see the same altseason as in 2018. Now, in order to enter the market and give a profit of hundreds of percent, you need to come out with a finished product. Many people have already been burned and believed in the fairy tales of most projects before, now such projects are traded at x0.1 of the ICO price.

Of the finished products that could enter the market in the near future, there are very few projects. I would highlight Dfinity - this project already creates hundreds of its own applications, but even in it there is no confidence in a large profit from private sales.

[crzy]

Good altcoins are doing great right now even if there’s no hype and I guess we should not wait for any hype because that is not healthy. Altcoins season can still become strong this year and I’m expecting the second run of the up trend since good altcoins successfully survive the pullback and now its time to make a new peak again, this is my thinking right now and I’m waiting for this moment.

[Gozie51]

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

The expectation of altcoin bull have been on and I think you have identified one big issue that will cause the bull happening. Until this starts to happen, the bull is still far. Altcoins won't move until traders start finding some valuable coins there and investing hugely. This was what happened in the last bull for altcoins. More investors need to come up to trade hodl and buy into altcoins then ROI with start up , profit also generally.

[jrrsparkles]

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

Another fact to be noted is not every coin is bumping in this bullish season, only few coins which are existing for years even though it is only as a result of increase in the bitcoin price nothing special with the altcoins particularly. Still new projects are getting launched now because they have no other better time than this.

[Bitstar_coin]

There's no altcoin season dude, when bitcoin has been pumped and then altcoins will be following it, don't you see the chart before? It looks like you are missing from a thing from there.
This time all about how good the progress that already made by the team.
if the team can deliver something good and investors will FOMO to buy such coin and the pump will happen.
Altcoin season is only the name of how people was calling it when the majority of altcoins get the bullish trend.

Perhaps you didn't read his post properly because he clearly stated that there is no alts season or the reason why he think the so-expected alts season will not come,
sometimes it is good to fully comprehend a post before replying, he also mentioned that dev need to understand that projects with real utility will be more sorted, the occasional pump and dump type of project will not survive nor receive support anymore, everything he said you are also saying, nothing is missing as far as am concern  

[TribalBob]

There is no altcoin season I think for now, too many scam coins, projects that only rely on FOMO, after getting investors they disappeared for many reasons
smart investors will definitely invest in old coins like bitcoin or ETH alone
but I still hope there will be an altcoin season

[BitindaHouse]

I think that bitcoin, as a coin, has become obsolete for a long time. There are many interesting projects that deserve attention, new systems for which the future, and what was in the past, will remain there.

[hd49728]

Your observation is right, But I dont believe it was really an altcoin season instead we can call it a few altcoins boom. because not all altcoins are gaining much traction unlike before 2017-2018, for example, the Tron and Tezos are not doing much movement besides both are also top-ranking Altcoins thats I dont believe that altcoin season is here. 

Many altcoins double or more than double their price and you say there is still no altcoin season. They rise, fall and rise again, many rounds and I see the altcoin season is there with us. It will stay with us as it only slowly follows the bitcoin. I mean I believe altcoins will rise more than their price now.

They won't rise all as what happened in 2017 or 2018 as there are many altcoins now and capital will flow to each group of altcoins and pump them one after another. If you don't diversify your capital to many altcoins, you can miss many rounds of altcoin rises. You can hold one and get profit but miss many other good trains.

[Novatech8]

It's true that things are more different now, investors have become more smarter and majority of them looks at every new altcoins as scam, if altcoin season is ever going to come many investors would have been buying altcoins right now but focus isn't on altcoin this time, finally investors have understand the difference between real use case and just altcoins

[Little Mouse]

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

Not true exactly. Have you looked at the portfolio of Grayscale? They are holding a few altcoins like Litecoin, Zcash, Ethereum, Xrp, Zen etc. If some more institutional investors are there, won't the price will surge? They will of course surge but not like back in the day it was because low cap projects or shit projects will never have any attention of the institutional fund.

[Mighty_crypt]

There is a demand for cryptocurrency markets right now, and the pioneer of this is Bitcoin. Altcoins showed a rally, but I think not everything is great right now. Bitcoin and other cryptocurrencies have been very quiet for a few days. Bitcoin stays at these levels and altcoins can make a breakthrough again. That's when we have a real altcoin season 

The only demand I can see are on bitcoin and ethereum only, every other coins have buyers as well but not as demanding as bitcoin and ethereum, it will be a big shame for all those waiting for altcoin season to happen this year, be careful which coin you keep or hold, things are quit different now

[AltcoinCash]

Try joining any new DeFi project's telegram and you'll see the hype is definitively still there.

In every cycle money flows into BTC first, next large cap altcoins before smallcaps explode. This time won't be much different as such, only different coins.
All new people coming in the next year will be just as euphoric as everyone entering the space in 2017, and most of them want to hold more than 0.0something of a coin.
We are hoarders by nature!

[cabron]

Certainly there are altcoins that are shooting up since yesterday. DOT for example just go from 8$ to $15 all of a sudden same with SNX. If that ain't going to tell you there is an alt season, you better just buy BTC and dump what you have right now.  The altcoins are going to moon too just as how BTC dragging every coins up.