Usually here at Bitcoin Casino Kings, we give you the best Bitcoin trading tips, but there’s a great opportunity emerging in the Altcoin markets.
A phenomenon known as Alt Season looks like it’s fast approaching and could be here as soon as next week.
What does this mean for you? This is a great chance for all you other cryptocurrency casino players to make a nice bit of tidy profit – no questions asked!
Could the Legendary Alt Season Be Upon Us?
If you cast your minds back to the end of 2016 and the whole of 2017, altcoins rallied by crazy amounts, with most creating new all-time highs (ATH).
This is when we saw the likes of XRP hit its ATH of $3.84, ETH hit its ATH of $1,432.88 and BCH hit its ATH of $4,355.62.
Compare those prices to the current rate and you can see what all the fuss is with Alt Season.
Market trends and beliefs are mirroring those seen in late 2016, and many trading veterans are noting correlations between the current market and the 2016-2017 Alt Season.
If the trends remain on course, we could see all these amazing altcoins and more skyrocket in value, creating massive pools of wealth like we saw in the 2017 crypto craze.
How Can I Take Advantage of Alt Season?
Just as it did in 2016/17, the next Alt Season will gradually build up with increased levels of volatility and huge trade volumes.
It will likely be spurred on by a rise in the Bitcoin price, which is potentially on the cards in the next few weeks.
Bitcoin touched $10,000 very briefly over the weekend, before being pushed back below $9,500 by sell orders in the book.
If Bitcoin can reach its logarithmic best buy zone, it will rebound like a hellcat, dragging up all the altcoins with it.
All you have to do is have a keen sense of smell for potential in altcoins and the ability to get your hands on them.
These days, most crypto exchanges list thousands of altcoins, so you should have no issue buying them.
Your best bet it to stick to the big boys that have been around for some time, with the likes of XRP, ETH, BCH, XLM and BNB all likely to do very well.
Can I Still Play at My Favorite Online Casinos and Take Advantage of Alt Season?
We fully understand that you might not be keen on cashing out your Bitcoin casino balance to go and trade altcoins, and we can’t blame you.
So, you’ll be pleased to know that if you’ve got any altcoins in your Bitcoin casino wallets, then you too will enjoy the nice price increases that Alt Season will bring with it.
If a coin or token increases in value on an exchange, so too will the value of your coins and tokens.
This means you can ride out the next Alt Season without lifting a finger, allowing you to play all your favorite online casino games just as normal while making a tidy buck or two!
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