TL;DR

Crypto’s alt season boom-and-bust cycle, fueled by hype and speculation, mirrors past financial bubbles. Anyone remember 2008? It’s the same old song and dance, and the house always wins.

Story

Imagine a casino where the house always wins. That’s crypto in a nutshell. This isn’t the first rodeo—we’ve seen this boom-and-bust cycle before. Remember 2008? Enron? Same song, different dance.

The image you shared paints a bleak picture. Altcoins, the shiny new toys of the crypto world, pumped up valuations, creating a mirage of wealth in 2021, similar to the dot-com bubble bursting in the early 2000s. But look closer: even by March 2025, the market is stagnant. Where’s the promised ‘moon’? Gone. Vanished.

What happened? Simple: Hype fueled speculation. Prices soared, driven by promises of overnight riches. But it wasn’t real value; it was hot air. Like musical chairs, when the music stopped, the ‘investors’ left holding the bag were the ones who bought in late. The early whales made bank, cashing out on the backs of new money.

Here’s the kicker: Etherium, the second-biggest player, mirrors this disastrous trend. Its gains of 2020-21 turn into brutal losses in 2024-25. Those who thought they were getting a piece of the future were left bag-holding on a sinking ship.

‣ Altcoins: Cryptocurrencies other than Bitcoin, like Dogecoin, Solana, or Ripple. ‣ Whales: Big investors who can manipulate prices with massive buys or sells. ‣ Bag-holding: Being stuck with an investment that’s lost value and can’t be easily sold.

Remember 2018? 2021? The same thing happened. It’s a cruel cycle of greed, deception, and speculation, fueled by viral memes and promises of “changing the world.” And when the tide goes out… well, we see who was swimming naked.

The 2027 prediction? BitBoy in prison? It wouldn’t surprise me. This isn’t about building a better financial system; it’s about building a bigger casino.

Advice

If it sounds too good to be true, it probably is. Ignore the hype, research meticulously, and understand that “guaranteed returns” in crypto are a fantasy. Protect your money—don’t gamble it away on empty promises.

Source

https://www.reddit.com/r/CryptoCurrency/comments/1jkhhgl/alt_season_2021_vs_alt_season_2025/