This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin - up to $1200 worth. I really encourage you to check them out.There is endless talk and excitement right now about alt season on crypto Twitter, with many influencers declaring that it is right around the corner and that we are all about to make ungodly gains trading altcoins.The truth is, alt season is somewhat of a meme and the idea is basically irrelevant.While it’s fun to recall alt seasons of the past, the market has changed dramatically and it’s a bit silly to expect the exact same phenomenon to repeat itself in the exact same way. What happened in a speculative bubble in 2017 is not the same as what we are likely to see in a more mature market in 2021.This can help explain why promising new projects have already exploded in value and burnt-out coins that were hyped in 2017 are performing poorly.There have been “alt seasons” happening now for years - especially in DeFi, which had a full-on speculative bubble in 2020, with coins pulling 100x gains on a regular basis.The market is different now.This is NOT to say that now (or the future )are bad times to trade alts. My point is quite the contrary. There have been great alt trading opportunities most of the time in the past few years, even without an “alt season.” That’s the point.Waiting for a mythical window of time when crypto Twitter deems it appropriate to trade alts will leave you missing 99% of opportunities. We have been making insane gains trading together for years already here, without having to declare an alt season or wait for the green light because every coin is going to pump.There are almost always good trades to take.Trade a good setup when it is presented, make money, move on.A proper alt season is possible and would be amazing, but there’s no need to wait until that happens to make money.In This Issue:Is Alt Season Here?Bitcoin Thoughts And AnalysisAltcoin ChartsLegacy MarketsBinanceUS Sees Epic Flash CrashETF #2 Launches TodayWalmart Is Loading Up On Bitcoin ATMsBEP-95 - Binance Wants In On The BurnTexas Firefighters Allocate Pension Funds To CryptoMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO
The Wolf Den #356 - Is Alt Season Here?
The Wolf Den #356 - Is Alt Season Here?
The Wolf Den #356 - Is Alt Season Here?
This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin - up to $1200 worth. I really encourage you to check them out.There is endless talk and excitement right now about alt season on crypto Twitter, with many influencers declaring that it is right around the corner and that we are all about to make ungodly gains trading altcoins.The truth is, alt season is somewhat of a meme and the idea is basically irrelevant.While it’s fun to recall alt seasons of the past, the market has changed dramatically and it’s a bit silly to expect the exact same phenomenon to repeat itself in the exact same way. What happened in a speculative bubble in 2017 is not the same as what we are likely to see in a more mature market in 2021.This can help explain why promising new projects have already exploded in value and burnt-out coins that were hyped in 2017 are performing poorly.There have been “alt seasons” happening now for years - especially in DeFi, which had a full-on speculative bubble in 2020, with coins pulling 100x gains on a regular basis.The market is different now.This is NOT to say that now (or the future )are bad times to trade alts. My point is quite the contrary. There have been great alt trading opportunities most of the time in the past few years, even without an “alt season.” That’s the point.Waiting for a mythical window of time when crypto Twitter deems it appropriate to trade alts will leave you missing 99% of opportunities. We have been making insane gains trading together for years already here, without having to declare an alt season or wait for the green light because every coin is going to pump.There are almost always good trades to take.Trade a good setup when it is presented, make money, move on.A proper alt season is possible and would be amazing, but there’s no need to wait until that happens to make money.In This Issue:Is Alt Season Here?Bitcoin Thoughts And AnalysisAltcoin ChartsLegacy MarketsBinanceUS Sees Epic Flash CrashETF #2 Launches TodayWalmart Is Loading Up On Bitcoin ATMsBEP-95 - Binance Wants In On The BurnTexas Firefighters Allocate Pension Funds To CryptoMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO