Is Altcoin Season Here? Everything you Need to Know and Tips to Take Advantage of It

The'altseason' or altcoins season is a period when the value of non-Bitcoin crypto rises and there is an increase in the total capitalization of that market. Some speak of altseason when the capitalization of altcoins reaches a 14-month high, as already occurred in November, and others claim it occurs when 75% of all altcoins outperform Bitcoin over a 90-day period.

Although it is impossible to predict it accurately, the altcoin season usually occurs after a Bitcoin price rise, because at that point the value of BTC tends to stabilize and investors look for more profitable opportunities by selling their bitcoins for other currencies.

Institutional investment in cryptocurrencies is slowly growing, as is adoption. One example is how Brazil's largest bank by assets and one of Latin America's leading lenders launched a cryptocurrency trading service for its clients as part of its investment platform.

Experienced traders with diversified portfolios take note of these moves to put their money into cryptocurrencies that look promising to them. No one can know the exact time to invest in an altseason or predict exactly how long it will last, so everyone must do their own research and tailor it to their goals. Here are some basics to take advantage of this season. Tips for Altseason

The first thing to consider is volatility. Prices can change quickly, so those who diversify by buying different types of cryptocurrencies can reduce their risk. The first step is to choose the cryptocurrencies of interest and use the tools available to study their patterns and obtain effective entry and exit points. That is, when to put money into a cryptocurrency and when it is appropriate to sell it before it drops in value.

The best exit point is chosen by taking into consideration what losses are bearable for each investor. However, there are no guarantees and it can be a wild market, especially for new traders who fall prey to trends.

This brings us to the following advice: while it is important to do active listening on social networks, market analysis is indispensable before making investment decisions. FOMO (Fear of Missing Out) is not a good advisor when it comes to the altseason, where multiple factors seek to manipulate the market. Even more important is to verify the origin of each cryptocurrency so as not to fall victim to fraud.

Options Against volatility

New-generation cryptocurrencies manage the problem of volatility in creative ways. Unicoin is an example of how the investment paradigm has shifted to a new standard: that of cryptocurrencies backed by real assets that prevent their price from being defined only by supply and demand or market perception.

Unicoin brings back the concept of intrinsic value and builds that backing in real estate, already totaling more than $1.3 billion and in shares in growth companies. Through 140%, they directly pay unicoins for real estate at 140% of its appraisal.

In the upcoming altcoins season investors are eager to find new options to diversify and new cryptocurrencies are there to offer solutions.