As long as Bitcoin still has room to run and the bull market's alive, altseason will come. But imo we should stop expecting the kind of altss we used to know, where everything pumps together and you could make money just by picking some random alt . Those days are gone . From here on , only alts with real potential will see meaningful gains. You gotta do your homework before picking any.
You must remember that we have no altcoin season in the previous cycle. Although Bitcoin could increase quite high, we failed to have altcoin season. So, it can't guarantee anything, the altcoin season is hard to predict. Yep, we can't expect for the same scheme happening in each bullrun season. We have some changes in crypto market, so it won't happen 100% the same as in the past.
SOL ran up around 30x from the bottom , INJ did 50x, and OM went up hundreds of times, while memecoins like PEPE, PENGU and POPCAT also pulled off gains of hundreds or even thousands of times in 2024.
So saying altseason never came isn't really accurate . It did come, just not the kind of altseason we used to know, like I said before . Money flowed into alts with real potential and specific narratives , rather than lifting the entire alt market like before .
Altcoins are always very speculative because it has high volatility and the tend in altcoins can change easily. Sure, it isn't a wise decision to put most of our funds in altcoins because it is not a safe choice for a long term holding. Bitcoin should be the safest choice for a long term holding. Anyway, I don't think it is quite similar as gambling if we choose top altcoins. It is just riskier than holding Bitcoin.
Yep, I might've gone a bit too far there. Investing in top coins with real potential like ETH, SOL, BNB isn't gambling.
