It’s entertaining to see from a curiosity point of view. Since many altcoins are easy to move into the "better than bitcoin" category with a bit of engineering, doing so over a wider array of altcoins simultaneously may not, thus the "seasons" are determined by a wide range of the top 50 coins comparted to bitcoin.

The 2 year chart view shows basically a couple of so called Altcoin seasons in 2017 (ICO hype), and a more recent one during august/September 2020, which seems to be DEFI hype driven.

IMHO token or alts will be back when rules of issuance and legal frameworks are set. I seem to have read that the electronic issuance of stocks is going to be allowed?

However, if this happens is not going to look like the ICO fever of 2016 - 2018

Such a nice tool but do you really know from where they do take these infos? Their API is directly connected with exchangers or CMC?
It's helpful but i need an insurance first, the graphs and the % of the BTC dominance is enough for me to judge if it's the btc or the alts season, just curious to know more about their code.

I wouldn't call them "investors", they are either gullible gambler or day traders that are increasing their bitcoin capital by going into altcoin trading.

The thing about altcoin market, even the scammiest tokens, is that they can be super profitable ONLY if you know how to ride the pumping tide AND know when to get out before the unavoidable dump begins AND are willing to take huge risks getting involved in a super manipulated market.
Otherwise looking at altcoins as "investment" will always end in loss.

very helpful,,, even in my opinion if looking at the top 10 altcoins they are much better than the bitcoin.System management and project development that continues to be made get breakthroughs for progress
I agree with choosing altcoins as an option, but their price also depends on the movement of bitcoin itself

Three weeks and altcoins have gone through their good adventure, with a rise of altcoin index from 18 to about 50 (today, I visited that site 2 times and the index fluctuates from 47 to 49).

I expect that when the index breaks through 75 points, the FOMO wave on altcoins will happen.

With altcoins, the best method is being speculators or traders. I am not a fan of altcoin as investor.

---

Better than bitcoin, I disagree with you on this. Altcoins are copy cats and they usually rise in a trend: ICOs, IEOs, privacy coins, hard-forks, lightning network, DeFi.

Bitcoin movements can have effects on altcoins but when altcoins have their seasons, it mostly come from their internal trends (said above) but still need a mandatory stable price from bitcoin.

---

It is not. In fact, it gives you an overview on the common trend on the market and the concentration of capital that is spent on bitcoin or altcoins.

Buy at the bottom range is better. Today, the altcoin season is clearer when their index has risen significantly and they have been warming up a lot. In contrast, bitcoin is cooling down and together they might trigger a real altcoin season.

Anyway, with any party, you don't get profit if you over-hesitate and join the party too late.

Earn profits is difficult but keep your profits safely is more challening. In the bull market, many are genius in their own thoughts but when the market flips to serious corrections or worse the bear market, they will lose all they earn and maybe lose initial capital too.

Good traders can get more than 30% profit by buying at dips and take profits with a few rounds.

---

A warning: Don't chase the market, bull or bear, don't chase it. I learned it from my experience with the market, frankly.

@luzin it will depends on their real use case, of course some project not needed it because just for fun or joke like $MEME but, DGB stratis and other have a plans for usable coins not for just a joke, maybe this will stopping them pumping like 2017. the current alts price just following BTC prices not in pair, most of them not even double in BTC, ETH 2017 hit 0.1BTC/ETH in current market it still far away.

I really doubt it. There is nothing changed about the market and the market participants to suggest they would start looking for real altcoins with real use cases. They are the same traders, or better said gamblers, looking for quick pump and dumps to make a lot of profit by making bets on random shitcoins.
Keep in mind that 2017 shitcoin pumping season was not the first time it happened, each "season" may get bigger but the principle is the same. They create a lot of useless garbage, they pump those and the old existing garbage and others participate hoping to make profit.

You are correct. I said that such crazy altcoin season needs to have a new wave of fresh meat that is probably what the market has now and in near future. However, bigger or smaller, it will depends on how bigger or smaller the wave of capital from fresh meat. With bigger adoption and supports from media platforms, new waves to cryptocurrency might be much bigger than past waves which can help whales/ sharks/ scam developers.

However, the old shit altcoins will struggle to recover, and scam investors again. Some might get success but most won't. Investors (fresh meat) will mainly be scammed by newborn projects.

By the way, scammers of old projects that was in hypernation for months, years but now return to revise their projects. Methods can be swap: swap from old shit chain to a new shit chain. I was scammed by such in the past (I did not have much experience). In 2020, I saw some old altcoin projects announce their swap to DeFi tokens. I am sure that next 4 or 5 years they will swap to ShitFi or other else.

---

Bitcoin dominance is biased and distorted a lot by total marketcap from DeFi tokens and non-DeFi altcoins. You can use dominance with such caution.

I wish in the future, some developers will code and release dominance indicators for altcoins with different age groups: <6 months, 6 months - <1 year, 1 - 3 year, 4+ year.