Post
Topic
Board Altcoin Discussion
Re: What's your take on the "seasons" topic?
by
adzino
on 15/04/2023, 15:30:43 UTC
One rather overused term in crypto are "seasons". I admit getting sometimes a bit lost whether we have now "altcoin season", "memecoin season" or whatever else. There are also people who have theories about which season follows which. Was wondering - is their anything more than anecdotal evidence for the existence and order of said "seasons"?
This whole "seasons" thing is bullshit, and it's mostly just a hype created. Like, sure, there are times when certain types of coins seem to be doing better than others, but to call it a "season" might be a stretch. I think a lot of the time, it's just shillers and people behind those shit coins trying to drum up some excitement and FOMO. They want people to think "Oh, it's memecoin season, I better buy in now before I miss out! I will invest $1,000 now, few months later I will have a million dollar sitting on my protfolio." But really, there's no solid evidence that these "seasons" actually exist or follow any particular order. So yeah, I'd say let's take the whole "seasons" thing with a grain of salt and focus more on fundamentals and actual market trends. That's my two cents anyway.