Viewing a response to: @phgnomo/fka5xdnrp
<a href="https://musing.io/q/phgnomo/is-altcoins-season-even-a-real-thing">View this answer on Musing.io</a>
| author | anonsteve |
|---|---|
| permlink | pkvpn5lef |
| category | musing-threads |
| json_metadata | "{"app":"musing/1.1","appTags":["steem","altcoins","season","market"],"appCategory":"steem","appTitle":"Is altcoins season even a real thing?","appBody":"<p>Yes, altcoin seasons happen from time to time. One happens sometimes when Bitcoin has topped out and when the money starts going into altcoins instead. The biggest altcoin season on record started in the last week of December 2017 and lasted for a couple of weeks. Many altcoins exploded in value. Why that happened was when Bitcoin investors (speculators) saw that the Bitcoin ride to the top was over and when they started to speculate on the price of altcoins. Incredible gains were made within a short time as well as incredible losses because some people had to buy at the top and be bag holders.</p>","appDepth":2,"appParentPermlink":"fka5xdnrp","appParentAuthor":"phgnomo","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
| created | 2019-12-07 17:22:36 |
| last_update | 2019-12-07 17:22:36 |
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