Altcoin season coming soon? - page 7.

kotajikikox

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Quote from: Dunamisx on December 25, 2023, 06:32:57 AM

It's completely true that altcoins do have their own pick season whereby they pump, some do this together when other cryptocurrencies are performing well, while some don't have this opportunity but also make their own performance at a different target time, but we have to make research on any cryptocurrency we may want to invest in because the background knowledge of what we heard about them goes along way with how they stat or perform in the market.

back in 2018 when Altcoin season boomed and indeed that almost top 20 coins reached their ATH that time or at least made their way multiplying the prices from 2017 , started in january and continued till after mid year , so altcoin has its own phase of increasing but we cannot expect this to happene very after Bitcoin bullrun because this will not end to your best interest.
I suggest that we must be responsible to what coin will be purchase and willing to take hold when there is sideways.

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Quote from: Obim34 on December 27, 2023, 07:35:22 AM

Quote from: criptoevangelista on December 23, 2023, 05:45:42 PM

Exactly...

The new money on the market goes first to bitcoin, then to ether and the other larger altcoins on the market... then it migrates to smaller coins... there is still time to buy some "good" coins at a bargain.

It goes in a way as those who bought Bitcoin during the Big DIP will definitely want to sell after Bitcoin making a new All Time High, not all may sell so quickly but majority. Them selling and taking their profit is for them to quickly invest into different Altcoins this will help pump this Altcoins. This is why most people are now beginning to invest in this smaller Altcoins.

Maybe it could be like that, but it could be that traders have other concepts, such as they will continue to spend the funds they have to buy BTC while waiting for the maximum price when the halving occurs.

Obim34

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Quote from: criptoevangelista on December 23, 2023, 05:45:42 PM

Exactly...

The new money on the market goes first to bitcoin, then to ether and the other larger altcoins on the market... then it migrates to smaller coins... there is still time to buy some "good" coins at a bargain.

It goes in a way as those who bought Bitcoin during the Big DIP will definitely want to sell after Bitcoin making a new All Time High, not all may sell so quickly but majority. Them selling and taking their profit is for them to quickly invest into different Altcoins this will help pump this Altcoins. This is why most people are now beginning to invest in this smaller Altcoins.

Dunamisx

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It's completely true that altcoins do have their own pick season whereby they pump, some do this together when other cryptocurrencies are performing well, while some don't have this opportunity but also make their own performance at a different target time, but we have to make research on any cryptocurrency we may want to invest in because the background knowledge of what we heard about them goes along way with how they stat or perform in the market.

libert19

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It has already started, there may be some downward moment here and there but overall we seem to be in up trend. There is still lot to come. One should get in if hasn't already.

Quote from: Marykeller on December 22, 2023, 11:18:26 AM

Yes, we will get there soon, but the question is, how certain are we that the altcoin we are about to invest into or invest into or hodl in our portfolio as the case may be will increase in value during the bull market? Or will they not end up in our hands as lost investments as we hodl them in hopes of making a lot of money?

With this kind of mindset of multiple value during the bull run, many investors have lost their money on altcoins because of that and experience it during the last bull run, which occurred around 2021.

They lost their investment on altcoin because they intended to hodl it for multiple gains, and the price of the altcoin got dumped into their hands at a cheap price.

You should always take profit. We never know when market will take opposite direction. In bulls everything rises, it could be useless shitcoins (as lot of brc20 tokens right now), while in bears everything useless perishes.

GreatArkansas

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I am waiting for Bitcoin to cool down, which means no more huge price movements for Bitcoin as it will stay sideways as long as possible because it will help altcoins to make their move also. I can say that top market cap altcoins will start then next is the mid.

JeffBrad12

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we are on the path for altcoin season indeed, so many altcoin are already flourishing nowaday though so many of them already multiplied their value even from when the market was bearish now their value are already kinda overpriced for me to invest but surely they can reach even higher heights in the future.
it kinda prove that those coin with good fundamental are always the one that increase first, its just matter of time until bitcoin rising again that altcoin will also have second wave of rising.
for those that are holding coin that are good fundamentally like SOL they are definitely gonna be the one that get the best profit out of any coin out there.
moreover, ethereum currently having high gas fee reflect that there is increase in interaction with the smart contract etc, might not correlate directly with the price pump but I could guess that trading volume will also increase with this.

Sophokles

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There is already a mini altseason going around. SOL crossed 100$, INJ is pumping, MOVER made more than 10X in a few days, even dot which was almost inactive in this whole season started moving up. What more do you want from the market. There are few month left before halving and the market already shows significant positivity so i am little bit concern here because all of these shows there can be a correction before the altseason you are talking about. If BTC is going to crash the whole altcoin market will do the same.

criptoevangelista

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Quote from: Obim34 on December 23, 2023, 04:35:08 PM

Permit me to say this OP, but stepping into the Altcoin season is as a result of the influence of the growth of Bitcoin. It is well known that when Bitcoin is experiencing a bull season most Altcoins are expected to go up as well. So giving regards to Bitcoin as the pioneer of the Altcoin season, we should gear up and begin accumulating our Bitcoin and Altcoin as soon as we can cause very soon there will be no more time to enter into the market as we expecting a bullish market very soon. Entering now is better than when it is late with lesser profits from investing.

Exactly...

The new money on the market goes first to bitcoin, then to ether and the other larger altcoins on the market... then it migrates to smaller coins... there is still time to buy some "good" coins at a bargain.

Obim34

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Permit me to say this OP, but stepping into the Altcoin season is as a result of the influence of the growth of Bitcoin. It is well known that when Bitcoin is experiencing a bull season most Altcoins are expected to go up as well. So giving regards to Bitcoin as the pioneer of the Altcoin season, we should gear up and begin accumulating our Bitcoin and Altcoin as soon as we can cause very soon there will be no more time to enter into the market as we expecting a bullish market very soon. Entering now is better than when it is late with lesser profits from investing.

jaberwock

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Quote from: kentrolla on December 22, 2023, 02:09:33 PM

Yes we are nearby but not yet in bull run, initially looking at the way how Altcoins started rallying but be are waiting for the big one to set on major rally (Bitcoin rally) as that's the indication of Bull run. We may have bull run by the end of second quarter in 2024 post halving or little bit later.

But what confuses most of us at the moment is the Altcoin rally which was unexpected hence many have considered ait as bull run and started investing in Altcoins in FOMO.

Bull run is for all, including Bitcoin but the OP is only talking about the altcoin season. Its name says it all. Bitcoin's value are still rising, and so as the altcoins. I think Bitcoin is what influences them. But lately some altcoins like Solana have outperformed Bitcoin.

I won't expect though that this can be a sign of an altcoin season. If only Ethereum takes the lead, maybe? Because Ethereum is like a Bitcoin too which can influence other altcoins. Indeed that many people are FOMO'ing now, especially in the tokens under Solana. FOMO has never been good though, so people should stop doing that before they will experience a heavy loss later on.

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Quote from: kawetsriyanto on December 22, 2023, 11:27:16 AM

Of course, we aren't in the altcoins season yet, we are still in the end of the bearish season. As far as I know, the altcoins season will come in the bullish season, it is following the hype of huge rising of Bitcoin price. In theory, the altcoins season probably happens after Bitcoin reaches its new ATH...

We can say with confidence that the altcoin season has come when the price of altcoins will increase not only against the dollar, but also against Bitcoin. And for this, it is necessary for the dominance of Bitcoin to decrease, but this is exactly what we are currently not seeing.

batang_bitcoin

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Quote from: criptoevangelista on December 22, 2023, 08:43:12 AM

Quote from: batang_bitcoin on December 22, 2023, 08:31:29 AM

Yes.
As long as there's the upcoming halving and bull run for Bitcoin, it is usually also there. I just don't know if the sequence will be the same as it goes with Bitcoin's bull run first or it comes next or first. Whichever comes first, everyone of you do yourselves a favor and wait until it comes.
Or if you are in profit right now, do not forget that you also need to make some money for yourselves. Anyway, your image is too high, try to adjust it lower.

I'll adjust it, thanks for the feedback

Thanks mate for that adjustment, it now looks better.

Quote from: criptoevangelista on December 22, 2023, 08:43:12 AM

bitcoin rose a lot in price and some altcoins did not follow, now that it has encountered resistance, the money may go to other currencies

Probably because we're not yet in the altcoin season. It must be Bitcoin that shall rise more before anything else. The rise that we've seen recently for Bitcoin all came from the news that we've seen about ETF. See to it that after the halving, that's the time that it might come and go.

Wiwo

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Every season is altcoin season, just like Bitcoin we can really tell when the next bull market will come and so much so we have seen some of the top coins making a market movement that is way out of investors' speculations many times we have seen many of the altcoin investors making a lot for them in terms of profits.

Solana is one of such altcoins that have given it investors tremendous profits within this period and that is highly commendable and a traction for us to pay more attention to altcoins in this season and let's see what comes out of that, Ape as you mentioned is also a good token to take a look at and to see is it worth taking some risks on.

dunfida

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Quote from: criptoevangelista on December 22, 2023, 07:10:28 AM

Graphically we are not there yet, but the probability of an altseason is only increasing, there is room for many of them to multiply the value.

What do you think? Are we heading towards a new altcoin season?

On this market, there would really be always that so-called altcoin season on which we arent that seeing it now considering that current trend is focusing on bitcoin but we cant really be able to ignore on whats current happening in the market specially on SOL. It had been making up some noise as of this moment on which it did really make out some flippening into BNB which its shocking actually.
If we do speak about into those altcoins who are sitting on low rankings then there might be some few that do make out some pumps but it isnt something that we can compare with altcoin season would kick in.
This is why it would be not that a bad idea on making yourself having some bags with altcoins on which you do thought or believe that it could pump in up the upcoming season.
Chart shows about 55% then i do partly agree since we havent still on that Bitcoin halving season and into its dominance kind of huge pump because after that event
then we would really be seeing that huge pump on altcoins into a particular time.

electronicash

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i think we are already in the bull market and so the altcoin season has also started. it may not have rocketed fast but because we are used to seeing bull run after halving, investors are still weighing whether they are going all in or not. by the time the media are glorifying the altcoins, the prices may not be as affordable for the retailers and i guess again the new crypto investors will fall to memecoins.

the new investors are the good ones to get excited about altcoin bull season because these are the ones that will tell social media they made almost 1M in Bonk or Shib. they are the ones who will carry the message.

kentrolla

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Yes we are nearby but not yet in bull run, initially looking at the way how Altcoins started rallying but be are waiting for the big one to set on major rally (Bitcoin rally) as that's the indication of Bull run. We may have bull run by the end of second quarter in 2024 post halving or little bit later.

But what confuses most of us at the moment is the Altcoin rally which was unexpected hence many have considered ait as bull run and started investing in Altcoins in FOMO.

kawetsriyanto

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Quote from: criptoevangelista on December 22, 2023, 07:10:28 AM

Graphically we are not there yet, but the probability of an altseason is only increasing, there is room for many of them to multiply the value.
What do you think? Are we heading towards a new altcoin season?

Of course, we aren't in the altcoins season yet, we are still in the end of the bearish season. As far as I know, the altcoins season will come in the bullish season, it is following the hype of huge rising of Bitcoin price. In theory, the altcoins season probably happens after Bitcoin reaches its new ATH.

But altcoins can skyrocket at any time because other factors. It doesn't need to wait for the altcoins season.
For examples: (1.) there is a new program on the project of the altcoins (staking, trading competition, etc), (2.) there is a new sponsorship from top companies, (3.) there is a new listing on top exchanges, (4.) etc

However, we should be heading the altcoins season if the Bitcoin halving has happened. Let's see how big the hype of Bitcoin trend, so it supports the altcoins season to come sooner.

Marykeller

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Quote from: criptoevangelista on December 22, 2023, 07:10:28 AM

Graphically we are not there yet, but the probability of an altseason is only increasing, there is room for many of them to multiply the value.

What do you think? Are we heading towards a new altcoin season?

Yes, we will get there soon, but the question is, how certain are we that the altcoin we are about to invest into or invest into or hodl in our portfolio as the case may be will increase in value during the bull market? Or will they not end up in our hands as lost investments as we hodl them in hopes of making a lot of money?

With this kind of mindset of multiple value during the bull run, many investors have lost their money on altcoins because of that and experience it during the last bull run, which occurred around 2021.

They lost their investment on altcoin because they intended to hodl it for multiple gains, and the price of the altcoin got dumped into their hands at a cheap price.

criptoevangelista

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Quote from: tokeweed on December 22, 2023, 07:20:26 AM

^ The thing about that site is by the time it says we're at ALT SZN, everything is at the top or near the top. So it's best to start buying trending alts now while it hasn't become a full blown bull market yet.

I'm not sure what everybody has been doing but the best spots to ape in started a couple of months ago. Missed out on Solana tokens but it looks like with EIP 4844 getting released soon, all the action looks like it's going to rotate to ETH and ETH L2's. So be on the look out for ARB, OP and other L2 tokens.

Next one after that could be Fantom with Sonic getting released at Spring 2024.

Exactly why I put the chart now, we see in it that either it rises to an altcoin season or it will make a double top.

I only regret not buying more Solana when it was 8 dollars, due to the FTX problem I thought it was going to 0.000 USD lol

Which L2 coins are you speculating?

I only have MATIC from this market sector.

Quote from: batang_bitcoin on December 22, 2023, 08:31:29 AM

Yes.
As long as there's the upcoming halving and bull run for Bitcoin, it is usually also there. I just don't know if the sequence will be the same as it goes with Bitcoin's bull run first or it comes next or first. Whichever comes first, everyone of you do yourselves a favor and wait until it comes.
Or if you are in profit right now, do not forget that you also need to make some money for yourselves. Anyway, your image is too high, try to adjust it lower.

I'll adjust it, thanks for the feedback

bitcoin rose a lot in price and some altcoins did not follow, now that it has encountered resistance, the money may go to other currencies

Quote from: bluebit25 on December 22, 2023, 08:33:48 AM

IMO, we are aiming for a general growth cycle, so we don't put too much emphasis on altcoins. However, if we look at the situation in 2023, we currently seem to be quite excited about the upcoming news related to the market. Regarding BTC, although the flow of money into altcoins is also very large, the dependence on bitcoin will also be challenges that people will consider. However, the longterm accumulation process does not need to be too careful because my speculation is that at the present time and in the future (at least 1 year from now), the market will have a more positive and vibrant face. It also depends on each person's investment strategy to make appropriate decisions. FOMO is also an option but also pay attention to shortterm risks.

Certainly, FOMO at this point only serves to generate liquidity for those who bought before.

I finished my purchases in December 2022. Now I'm just waiting for the whole bullish wave

Topic: Altcoin season coming soon? - page 7. (Read 1532 times)