Sick and tired of everyone using the altcoin season indicator to say that now that 75% of the Top 50 coins performed better than Bitcoin over the last season (90 days) it is Altcoin Season and Altcoins will go parabolic.

WRONG!

If 75% of the Top 50 coins performed better than Bitcoin over the last season (90 days) then it has been altcoin season. It is a measure of the past, not the future. If anything, it might mean that altcoins are getting overheated and it might be a good idea to move some profits to Bitcoin, not the other way around.

Don’t get sucked into the FOMO to buy all these alts that have 100x-ed in the past months, only to be left holding the bag. If you don’t want to move to Bitcoin, then find some altcoins with low market cap and hold those for a few months.

Here are a few ideas: ARMOR, AKT, SWINGBY.

That’s all I have for you today, if you enjoyed this article, please consider following me on social media:

Twitter: https://twitter.com/vulea

Telegram: https://t.me/cryptoball1