Altcoin Season Is Upon Us: What Does This Mean For You?

  • In December 2019, the altmarket has reached its 2-year bottom and is growing rapidly now
  • Most of the altcoin predictions are bullish for the foreseeable future
  • However, altcoin market remains highly volatile and risky
  • A moderate strategy is to use rising altcoins to increase your BTC stack in the future, or to buy reliable altcoins and just wait, avoiding regular swings of the market.
  • Hold a minor part of your portfolio in altcoins. While it gives you an opportunity to increase your BTC stack due to altcoin season, it also hedges you against Bitcoin — in case the latter goes down in price, you will not lose everything you have.
  • Historically, top-5 altcoins have been the safest. Consider investing in crypto assets with fundamental market value.
  • Do not try to profit from abrupt market fluctuations. When feeling a king of the party, it always seems much easier to perform a double backflip from the stage. But in fact, the probability to end up the party in a grim place, in this case, is only higher.



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store


ChangeNOW is an instant cryptocurrency exchange service for limitless crypto conversions. We support over 200 coins and are account-free!