Without any doubt, “Altcoin season” is one of those slangs you would come across in the crypto space. And if you are new to crypto investment, this might sound strange to you. Well, before we go ahead, you should know that if you will be diversifying your portfolio and venture into investing in some other cryptos aside from Bitcoin, you would need to have a good understanding of the term.

Understanding what an altcoin season is and when we are in one will help you make the most of it, and make a huge profit from it. So, in this post, we will be showing you what altcoin season really is and how you can tell when one is close.

What Is An Altcoin Season?

Altcoin season is a time in the crypto market when altcoins tend to be outperforming Bitcoin. During this time, Bitcoin tends to lose its dominance in the market while altcoins gain more ground in terms of market capitalization.

Before the season, there is a spike in Bitcoin’s price which is eventually followed by a drop, giving an advantage to other cryptocurrencies to take over the market. One major and unique way to determine if we are in an altcoin season is to consider the Altcoin Season Index. This is a unique tool created by the Blockchain Center for that purpose.

The tool says we are in an altcoin season when 75% of the top 50 altcoins are doing better than Bitcoin in terms of market capitalization during the last 90 days. Well, if we are to go by that, then we can say we are currently not in an altcoin season because we are still below 75%… but we might be close to one.

What Are Even Altcoins, to Begin With?

Now, we know what an altcoin season is, but what if we don’t even know what altcoins are. Yes, that is possible, especially with some new investors in the crypto space. So, let’s quickly run over what altcoins are before we talk about what causes altcoin seasons and how to spot an upcoming one.

Altcoins is a short form of alternative coins, and it’s used to refer to any other crypto aside from Bitcoin. There are a lot of them in the market presently. And every time, more are added to the existing list.

The most popular altcoin is currently Ethereum. Although it is an altcoin, it has a market cap that is half of that of Bitcoin. However, Ethereum is not the only popular altcoin that is. Here are the top 10 altcoins as registered by CoinMarketCap as of the time of this writing:

• Ethereum (ETH)
• Cardano (ADA)
• Binance Coin (BNB)
• Solana (SOL)
• XRP (XRP)
• USD Coin (USDC)
• Polkadot (DOT)
• Dogecoin (DOGE).

What Causes Altcoin Seasons?

Well, it might be difficult to precisely tell what causes an altcoin season. But the generally-accepted idea is that it happens after a Bitcoin bull-run when investors tend to divert their gains from BTC into smaller altcoins to make more gains. This hence causes the price of BTC to fall while that of various altcoins to go up.

Nevertheless, that is not the only thing that could cause an Altcoin season. There are many more reasons it happens. We are going to be talking about a few of them later in this post, as well as how you can recognize when the next altcoin season is close.

What About the Previous Altcoin Seasons?

You might be wondering if an altcoin season has ever happened before, and when was the last time it did. Well, the first and the most memorable altcoin season was in 2017, shortly after the Bitcoin bull-run. That was also the time many altcoins were launched into the market, riding on the new functionality of Ethereum – smart contracts.

Another altcoin season happened in 2018, and also in 2020. So, how can you tell when the next altcoin season will be upon us? Let’s below are some indicators to consider.

5 Indicators to Know When an Altcoin Season Is Coming

#1: Increase in Altcoin Season Index

Like we earlier said, when the index shows that 75% of the top 50 altcoins are outperforming Bitcoin in the last three months, then we are in an altcoin season. But presently, the index is lower than 75%, meaning we are currently not in an altcoin season.

#2: Bitcoin bull-run

A great optimism around Bitcoin which leads to a spike in its price is also another indicator that an altcoin season might soon be upon us. An increase in BTC price often invites more investors into the market. While many of them will make a profit from Bitcoin, many will also like to put their investment in other smaller altcoins. And this, most times, results in Bitcoin losing its dominance in the market.

#3: New trends in the market

The inflow of new trends can also drive altcoin seasons. When new coins and tokens are introduced, they threaten the dominance of Bitcoin and sometimes cause it to lose its hold on the market. A good example is an introduction of decentralized finance (DeFi) and non-fungible tokens (NFTs).

The two drove the popularity of some altcoins in 2020, and that led to a sharp increase in the price of such coins, such as Ethereum and Binance Coins.

#4: When altcoin’s market price increases

Another way to tell if an altcoin season is close is an increase in the price or market cap of some altcoins. For instance, when some popular altcoins such as Ethereum (ETH), Ripple (XRP), and Binance Coin (BNB) increase in price, chances are that the profits made from such coins can be invested in some other altcoins. That could mean the beginning of an altcoin season.

#5: Trading predictions tending more towards altcoins

It is common to see traders making more predictions on altcoin trading pairs over BTC pairs during an altcoin season. When you notice that, it means we are in an altcoin season. At the same time. You might begin to see prediction expiration dates growing shorter “mid-season.” This happens as more crypto comrades are out looking for quick gains.

How to Make Money During An Altcoin Season

Whether you are selling your coin or buying more coins during the altcoin season, the most important thing is that you have a solid plan to make the most out of it and make more money. Below are some tips to help you achieve that:

• Prepare for it: the best way to make money from an altcoin season is to be prepared for it before it comes. You only need to conduct your research to know when the next altcoin season would be.
• Pay attention to technical indicators: one of the ways to appropriately prepare for an altcoin season is to pay attention to reliable signals and indicators. Such an indicator can help you identify the right altcoins to invest in before the season eventually comes.
• Buy more altcoins before the season: invest in more altcoins before the altcoin season kicks off or shortly after it does. Then you can sell them later for a profit
• Don’t be greedy: greediness can make you lose your money instead of gain some during an altcoin season. Don’t buy any coin when the price is out of the roof thinking it will continue to rise. That may not be the best time to buy because most times, every coin that goes up would eventually come down.

Are you lucky enough to have a rich aunt, wealthy parents, or even a lottery-winning grandparent? Then you might have inherited a sum of money from a deceased dear one either directly or through probate. But you need cash now. And you are not sure where to turn? Reading this article may help!

Inheritance Money is often a significant sum, but it is not always immediately available. The average time taken to access an inheritance is 12 months. Due to the time, it takes for probate to be granted. That means your inheritance money will be useless in your immediate fund, needed to help your financial situation. One option is waiting for probate to be granted. And another option is to seek help from an inheritance cash advance company.

What is an inheritance cash advance?

The Inheritance Lender provides a short-term cash advance against a future inheritance. The inheritance cash advance is secured against the borrower’s entitlement under a will.

How it works and why an inheritance cash advance could be right for you.

It might be because you need money to fulfill a lifelong ambition. Or because you are left with bills that need paying after the recent death of a loved one. Whatever your reasons for needing extra money, there is a way to get access to it quickly when you need it most.

All you need to know is:

An inheritance cash advance is an easy process.

Requesting an inheritance cash advance with your inheritance is easy. The application process can be completed within a few minutes, and the money will be available for use within 24-48 hours.

Taking out an inheritance advance loan is a great way to access the money you have coming to you. It’s important to know the dos and don’ts. To avoid any issues in the future, you must know what you are entitled to when it comes to your inheritance. There are strict rules governing inheritance loans, but if you’re aware of them upfront, there shouldn’t be any problems when you apply.

Most people receive a lump sum cash immediately after their loved one passes away. Known as a pre-grant charge, this is usually valued at 20% of the total estate value. The remaining 80% has to wait until after probate has been granted. With the help of an inheritance cash advance company, you can receive up to 60% of the inheritance cash value depending upon the lender terms.

An inheritance cash advance company will get a part of your potential inheritance. While the property or asset is being processed by the courts.

You will never have to pay interest, put up security, or make payments as you would with a regular lender or an inherited loan. A fixed-rate will be charged by an inheritance cash advance provider. They will absorb the loss rather than have you pay if they discover there is not enough money in your inheritance to compensate them.

Benefits of applying for an inheritance cash advance

1. No Credit Checks – No matter what your credit history is like, whether you are a homeowner or not. No credit checks will be carried out on any member of the family that may inherit the funds.

2. No repayments – You do not need to make any repayments on the funds we advance until you receive your inheritance funds.

3. No charge over property – An inheritance cash advance company will not place any charge over real or personal property as security for repayment of their loan.

4. The value of your inheritance remains intact, will not reduce in value and you don’t have to sell any assets to receive the loan.

5. You even don’t need a will to receive an inheritance cash advance from the firm.

To keep in mind:

You must understand the facts about inheritance advances before choosing where to apply for your loan. There are lots of companies out there offering these services, but not all of them will give you the same benefits as others. The key thing to look out for is whether the inheritance cash advance company will offer you flexible payment terms. Check if the terms are ideal if you want to take your time paying off your loan or necessary expenditures like medical bills or funeral costs.

When applying for a bridging loan, a charge will be applied to the finance. This charge indicates who will get repaid first, should you default on your loan and the type will be determined by a range of criteria.

In our beginner’s guide, we explore first, second and third charges in detail so you have all the information you need.

What is a charge on a bridging loan?

Fast bridging finance and other types of bridging loans can be a way to obtain short-term funds, which you then repay either from refinancing, money due to you or from the sale of your home.

The capital offered with bridging finance will be assessed as either a first, second or third charge loan, depending on whether there is any other finance outstanding on the property you will be using as security.

The charge on a loan will indicate the order in which the outstanding bridging loan will be paid from the sale of the property, should it be repossessed or you are unable to settle your loan.

First charge

A first charge bridging loan is where there is no other finance against your home or property and so would be paid first from the sale proceeds should you be unable to clear the debt.

Examples of where a first charge loan would be applied are if you have paid off your mortgage with the bridging loan or bought the property outright. A first charge will also be applied against a property purchased at auction and can be repaid either via selling the property or by remortgaging.

Second charge

If you have taken out a bridging loan on your home which already has a mortgage in place, it will be classified as a second charge. This means that it would be the second debt to be cleared after your mortgage, which will be the first charge debt.

If your home is repossessed, the original mortgage will be the first secured loan to be paid, with any remaining equity to then go against the outstanding bridging loan.

Third charge

Some lenders may consider a third charge bridging loan if you already have a first and second charge loan secured against your property. This type of loan is effectively ‘third in line’ to be repaid should you default or your home is repossessed. As the bridging loan is at the back of the queue, your lender may then explore other options for recouping their money.

A third charge bridging loan can also be more challenging as it places an extra financial burden upon the borrower so should not be undertaken lightly. This means that many bridging finance companies are more cautious about offering them.

Always speak to the experts

With the various bridging loans and charges available, it is important to get the right advice before applying for bridging finance. With help from a specialist broker, you will be able to assess what is involved and be confident that you have the means to repay your loan without risking your property.

If your business or company is looking for an experienced Certified Public Accountant (CPA) who can handle all your accounting needs, selecting the right person is essential. Let us begin by defining a CPA and what kinds of tasks he or she performs. Certified public accountants are responsible for analyzing financial records, preparing tax returns, performing yearly audits, and creating budget reports that comply with state and local laws. Additionally, he/she can provide tax planning and consulting services for companies of any size. To help organizations achieve their revenue goals, CPAs offer strategic advice and consultancy. As a result, they handle miscellaneous accounting activities, and perform all duties as required by the company or organization that hired them. But, where and how can you find a CPA like this? Can you find one easily? In some cases, yes. This article explains how to do so. Here’s how to find a highly professional Certified Public Accountant from a list of many in your area or city. Keep reading to learn more. 

How to Find a CPA that Meets Your Requirement?

When you have a partner like ‘Ageras’ by your side, finding a CPA is easy. By providing you with FREE quotes, they can connect you with some of the best CPAs in your city. All you need to do is fill out a quick form on their website, and they will provide you with the best accountants that are suited to your company’s needs. Within 48 hours, you will get three ‘No Obligation’ quotes from the top-rated CPAs in your area.

Simply compare, and choose the one that fits and suits your needs. If not, you can ask for more or look somewhere else. Simple as that. Ageras has almost never failed to provide the best accountants to their clients. Since laws and regulations are ever-changing, a Certified Public Accountant who can quickly adapt to changes in tax structures and regulations is a necessity. In some respects, your question, how do I find the best CPA near me, gets appropriately answered. Despite this, there’s more to it, which we’ll discuss. 

The Precise Role of a CPA

The main purpose of a Certified Public Accountant is to provide valuable suggestions to a company or a business in a dynamic environment, where tax laws and rules are changing constantly. The ability to adapt to changing circumstances quickly can be of great benefit to your organization. By doing so, you can effectively manage and save on your company taxes. It is important to understand that a CPA’s role differs from a normal tax accountant. CPAs specialize in auditing, IRS representation, tax preparation, and preparing financial records for an organization to make informed decisions regarding major investments or cost-savings. Small businesses, enterprises, non-profit organizations, and more require these services. To sum up, CPAs are fully licensed accounting professionals proficient in handling specialized roles such as auditors, tax advisors, consultants, financial planners and tax preparation professionals. 

Specialized Services Performed by CPAs

1. Tax Services

A CPA creates futuristic tax strategies and also helps submit or file tax returns on behalf of your company or organization. It mainly consists of preparing and filing local, state and federal tax returns. One such professional also assists entities and individuals to minimize their obligation towards taxes. The professional services of a CPA firm come in real handy during an IRS audit, when local tax authorities ask questions. It’s highly professional tax planning & advisory services from one such professional.

2. Audit & Assurance

CPAs prepare tax returns for businesses, as well as assist in creating futuristic tax strategies. Most of the work consists of preparing and filing federal, state, and local tax returns. These professionals also help individuals and businesses minimize their tax obligations. The professional services of a CPA firm are invaluable during an IRS audit, when local tax authorities ask questions. One of such professionals provides highly professional tax planning & advisory services.

3. Financial Management

A CPA provides complete financial consulting to institutions and organizations that are looking to increase revenue and profit margins by saving on taxes. By providing the most accurate and precise tax planning, a Certified Public Accountant ensures that it is done professionally. Strategic planning involves keeping track of the company’s assets and liabilities over the long run. Taking care of the cash flow in a business organization and preparing the tax returns is the first step to becoming financially sound.

Thus, it becomes necessary to hire a CPA that offers a full range of tax advisory services to ensure the smooth functioning of your organization. A regular tax or personal accountant cannot provide you with such a variety of specialized services that a Certified Public Accountant can. Almost all small and mid-sized businesses in the US now hire tax advisors and financial consultants to analyze profit & loss, prepare financial statements, provide tax advice, and conduct internal audits. 

Conclusion:

This article provides a comprehensive overview of the role performed by a Certified Public Accountant (CPA) and discusses how Ageras helps corporate entities and individuals hire the best accounting professionals. Founded in the United States, Ageras helps business owners locate the right financial professionals such as CPAs, auditors, bookkeepers, and tax accountants. This post gives an overview of the process of finding and selecting a CPA online and the importance of having one for your business.