There is no alternative to the alternative.
The very terms altcoin and altseason are misleading, probably by design.
They suggest a legitimate parallel to Bitcoin, when in reality, most so called alternatives exist primarily as distractions, driven by marketing cycles rather than monetary breakthroughs.
A more accurate name might be paid shill season or advertising pump season, because that’s what most of it is; carefully timed hype cycles manufactured to benefit insiders at the expense of the uninformed.
Imagine if Satoshi had stuck around to time every top with a new announcement and every bottom with a buy in.
That’s the role many paid promoters now play, posing as thought leaders while quietly cashing in.
The irony is that the most aggressively promoted alternative hasn’t even broken its 2021 all time high, and it still hasn’t been surpassed.
That alone speaks volumes about the state of the broader crypto ecosystem: it’s not innovation driving it, but orchestration.
On a different note, my grandfather once gave me a piece of financial wisdom: take bigger risks in your youth, then become more conservative as you age.
The logic is simple: the less time you have, the less risk you can afford to carry.
What struck me about this advice wasn’t just the math, but the time dimension of risk.
Risk isn’t merely about money; it’s about how much time you have to recover or compound.
He probably meant a traditional glide path: something like going from a 60/40 stock-bond allocation to 40/60, but for me, that framework doesn’t quite fit.
I think in terms of Bitcoin, then more Bitcoin. If diminishing returns prove to be real, I may never need to rebalance, but I don’t think I’d ever truly rebalance out of it, even if we hit a hockey stick moment and I’m 95, because at that point, it’s not just a trade…it’s a legacy.
When I imagine the world after 2140, when the last satoshi is mined, I wonder how future generations will perceive the opportunity we had.
Maybe Bitcoin will trade like a hybrid between a monetary metal and a high growth tech sector or maybe something entirely new.
Either way, I hope that when my descendants look back, they’ll see the risk I took not just as an investment choice, but as an invitation to think for themselves and take meaningful risks of their own.
