Why should he be?) Because everyone wants it so much????
Altcoin Trading
--
Why There Hasn't Been an Alt Season Yet: Focus on Economic Factors!?
If you look not only at the charts of coins but also at the economy, the puzzle comes together quite logically. The index of business activity in the manufacturing sector of the USA has once again come out weak: around 48 with a little more, which is below the key mark of 50 that separates growth from decline. This means that companies are still being cautious: cutting orders, not rushing to increase production and hiring, and approaching inventories carefully. In such an environment, large capital does not strive to aggressively take on risk, and altcoins are the furthest step of that risk. Until the economy feels a confident impulse, it's simply too early to expect a mass 'hunt for altcoins'.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.