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How to prepare for the upcoming altseason?
Three specialists in the cryptocurrency market reveal strategies and investment tips for the potential altseason.
Key Facts:
1) There is a possibility that the altseason will be unleashed in about a month.
2) Deciding on buy and sell points is key in this trading path.
Over the past month, there has been a brief "altseason," something that hasn't happened in more than a year. This usually happens before the market gains strength to sustain this phenomenon for months.
It is said, following Blockchain Center's definition, that there is an altseason when 75% of the 50 largest capitalization cryptocurrencies outperform bitcoin (BTC) in 90 days. The term refers to the combination of the word "altcoins" (digital currencies not counting BTC) and "season".