Post
Topic
Board Altcoin Discussion
Re: When is altcoin season???
by
Mpamaegbu
on 29/03/2020, 16:21:30 UTC
In the past, altcoins have enjoyed immense gains during altseasons. Well this happens only if there is Bitcoin dominance...

That isn't true. Altcoins have great time when Bitcoin's dominance weans. It's obvious that when more people buy and trade Bitcoin they neglect altcoins. Thus dominance for Bitcoin increases and that of altcoins crashes. For instance, right now Bitcoin controls 64.9% of the total market cap and this won't give altcoins air to rise. But once the dominance lowers to say below 60%, go check the prices of altcoins and see how great they would be.