Altcoin season never ended, traders just missed the winners: Hayes

As market participants continue to speculate on when altcoin season will arrive, BitMEX co-founder Arthur Hayes argued there is “always an altcoin season happening.”

While many crypto traders are still waiting for the next altcoin season to begin, BitMEX co-founder Arthur Hayes said it’s been underway all along.

“There is always an altcoin season happening… and [if you’re] always saying altcoin season isn’t there, [it’s] because you didn’t own what went up,” Hayes said during a podcast interview published to YouTube on Thursday.

Hayes said many traders are still expecting altcoin season to play out the same way it did in previous years, assuming the same cryptocurrencies and narratives will repeat. “You wanted it to be like last altcoin season, because then you felt like you knew what you had to do,” Hayes said.

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