Altcoin season question - page 4. | Bitcointalksearch.org

Chuky92

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Quote from: Winscosinally on March 05, 2020, 04:53:09 AM

After reading few posts on this forum today I became confused because and I decide to let it out to get answers in return, is it possible for altcoins to grow (altcoin season) without Bitcoin? I'm not talking about pumps like if a coin get burned off it's max supply or if listed on binance and other top exchanges, I'm talking about every altcoins surging on their own without Bitcoin taking the first step...
Share your thoughts, I would love to hear you out

Yes it's possible, there is a reason why it is called altcoin season and that is, it is the time when altcoins surge in price. During this season, it means people are now buying more of altcoins than Bitcoin hence the reason for its price surge, in the same way, altcoins can surge together with Bitcoin. Also, it is important to know that, at this level or growth of this space, when altcoin season sets in, it will be for selected altcoins; that is, altcoins which are worth it, altcoins which already have working products and so on. So while clamouring for altcoin season, ensure to hold good coins.

Viscore

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Quote from: CryptoBik on March 27, 2020, 08:55:52 AM

Quote from: rexxarofmoknathal on March 26, 2020, 04:28:57 PM

Stop speaking about altcoins like their price action has some seasonal variation of sorts, it doesn't.

Just buy when ALL the signs are bullish, and sell when shit hits the fan, it's really not that difficult.

If you sit around for years waiting for an altcoin season you're going to miss a huge amount of trading opportunities, particularly if you are a swing or day trader.

I totally agree with you. Previously, I also tried to hold coins and thereby missed various movements in the market. Now I try to monitor the situation and during the bullish movement - I sell. And during the crisis (recession) - I buy. In this way I’m more likely to go into profit.

That's what you called a short term investment, well, if you can always find good timing to enter the market as the price is very volatile.
Actually this month, when bitcoin dump at $4k+, if people bought at that price, they are already in good profit now.

IMO, it's not hard to to be profitable if you have the skills as volatility will make your more profitable.

Speaking of altcoin season, it looks like it will not happen soon but if that time comes, I think people would trade more on altcoins as its more volatile.

CryptoBik

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Quote from: rexxarofmoknathal on March 26, 2020, 04:28:57 PM

Stop speaking about altcoins like their price action has some seasonal variation of sorts, it doesn't.

Just buy when ALL the signs are bullish, and sell when shit hits the fan, it's really not that difficult.

If you sit around for years waiting for an altcoin season you're going to miss a huge amount of trading opportunities, particularly if you are a swing or day trader.

I totally agree with you. Previously, I also tried to hold coins and thereby missed various movements in the market. Now I try to monitor the situation and during the bullish movement - I sell. And during the crisis (recession) - I buy. In this way I’m more likely to go into profit.

rexxarofmoknathal

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Stop speaking about altcoins like their price action has some seasonal variation of sorts, it doesn't.

Just buy when ALL the signs are bullish, and sell when shit hits the fan, it's really not that difficult.

If you sit around for years waiting for an altcoin season you're going to miss a huge amount of trading opportunities, particularly if you are a swing or day trader.

mrdeposit

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Quote from: dainoran on March 20, 2020, 12:32:12 PM

in my opinion it depends on the quality of the altcoin project, if the quality of the project goes well and according to the scheduled road map, the price may not be affected by bitcoin.

It is not as simple as you explained. Sometimes projects ignore the power of the top altcoins and they pay higher fees at the end of year. Btc is the only power which can bring altcoin season.

zulfi125

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This is not possible to grow for altcoins without an increase in the price of Bitcoin because BTC is base of all altcoins and without BTC all altcoins can't grow.

Scotslass

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Quote from: Diamond_Darrell on March 25, 2020, 04:13:44 PM

Quote from: Bitbtc8 on March 20, 2020, 10:12:57 AM

Most altcoins are already cheap now and buying is a big opportunity because you don't have to wait for any bullrun before making insane profits, top altcoins can surge on their own without Bitcoin rallying first

If you mean the top 20 altcoins, then of course yes, their acquisition will give good profit in the long term. But at a short distance, in 2-3 months, there is still the opportunity to dive deeper

This is probably true, but only if you don't believe in altcoins in longterm.
There are plenty of people who are pretty sure that alts are the future and bitcoin has to go away some day

muffinitem

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Some altcoins such as TemTum are going to come out of the corona panic stronger than ever.
For example TemTum has now got an LOI with Anguilla to provide them with a backbone for their own national digital currency, with more deals with other countries in the works also.
Once news of this released when the panic has settled I can see TEM going $1+

Diamond_Darrell

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Quote from: Bitbtc8 on March 20, 2020, 10:12:57 AM

Most altcoins are already cheap now and buying is a big opportunity because you don't have to wait for any bullrun before making insane profits, top altcoins can surge on their own without Bitcoin rallying first

If you mean the top 20 altcoins, then of course yes, their acquisition will give good profit in the long term. But at a short distance, in 2-3 months, there is still the opportunity to dive deeper

Free1bitco.in

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Quote from: Jocuserious on March 22, 2020, 10:10:30 AM

Possible but for it will be needed more promising project with larger investors partnership and day by day increase development. You know bitcoin is always king and every new altcoins depends on the bitcoin so it must be fighting altcoins grow without bitcoin.

it's just to expect that the development of potential projects today is very difficult to find. however, not all altcoins do such development. to be honest, altcoin season can also occur if bitcoin prices go up high. well, the people will follow the king, if the king is bitcoin, then altcoin is the people

Lexurdania

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Quote from: Winscosinally on March 05, 2020, 04:53:09 AM

After reading few posts on this forum today I became confused because and I decide to let it out to get answers in return, is it possible for altcoins to grow (altcoin season) without Bitcoin? I'm not talking about pumps like if a coin get burned off it's max supply or if listed on binance and other top exchanges, I'm talking about every altcoins surging on their own without Bitcoin taking the first step...
Share your thoughts, I would love to hear you out

When an altseason occurs, the price of the selected altcoin will rise against bitcoin and the dominance of bitcoin on the market will begin to decline. The price of altcoin depends on bitcoin if valued in dollar but againts bitcoin, in my opinion the price of altcoin can be said to be independent

mdzahed134

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Quote from: prof7bit on March 18, 2020, 02:40:50 PM

Quote from: gandame on March 18, 2020, 11:37:09 AM

No,

Altcoin prices always depend on bitcoin. One factor is that altcoins are only convertible to BTC, altcoins will be having a hard time to increase without the influence of bitcoin.

Altcoins, especially now, will not be able to grow without Bitcoin. Here, on the contrary, one should expect an increase in the level of Bitcoin domination to 70%. So far, I do not believe in the growth of Altcoins, even in relation to Bitcoin.

Yeah, altcoins market mostly growing influence by bitcoin, at the moment altcoins are going different way, there’s we can't say that Bitcoin price movement is effective things for altcoins market. The dominance of BTC is too high, you can see that altcoins aren’t increase as per as btc pumping. For just this time i don’t think altcoins price are depend on btc.

Viscore

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Quote from: Jocuserious on March 22, 2020, 10:10:30 AM

Possible but for it will be needed more promising project with larger investors partnership and day by day increase development. You know bitcoin is always king and every new altcoins depends on the bitcoin so it must be fighting altcoins grow without bitcoin.

Actually I like what is happening with altcoins market, there are still projects that are created and though they don't give profit to investors right away but at the right time, they will be one of the projects that will grow, its likely gonna happen when altcoin season will arrive.

The altcoin season is gonna be headed by bitcoin, the best chance of it happening is when bitcoin is on a bull run, like achieving a new ATH and for sure there will be a FOMO and altcoins market will follow, that's the possible scenario, only problem now is we don't know when it's gonna happen.

Jocuserious

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Possible but for it will be needed more promising project with larger investors partnership and day by day increase development. You know bitcoin is always king and every new altcoins depends on the bitcoin so it must be fighting altcoins grow without bitcoin.

Bezobraznike

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Quote from: Destroyeroff98 on March 21, 2020, 12:44:13 PM

Quote from: Winscosinally on March 05, 2020, 04:53:09 AM

After reading few posts on this forum today I became confused because and I decide to let it out to get answers in return, is it possible for altcoins to grow (altcoin season) without Bitcoin? I'm not talking about pumps like if a coin get burned off it's max supply or if listed on binance and other top exchanges, I'm talking about every altcoins surging on their own without Bitcoin taking the first step...
Share your thoughts, I would love to hear you out

Basically, all altcoins are influenced by Bitcoin. People have a habit that other cryptocurrencies are very dependent on Bitcoin.
But in fact, there are exceptions and they have a trend opposite to Bitcoin.

Destroyeroff98 these exceptions are rare, and mostly those exceptions are not significant price rises. When we have huge market
movement in any direction it's usually connected with Bitcoin. I don't remember some significant rise of any coin that passed without
previous Bitcoin rise.
Alt-coin season will come after Bitcoin make new ATH.

Destroyeroff98

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Quote from: Winscosinally on March 05, 2020, 04:53:09 AM

After reading few posts on this forum today I became confused because and I decide to let it out to get answers in return, is it possible for altcoins to grow (altcoin season) without Bitcoin? I'm not talking about pumps like if a coin get burned off it's max supply or if listed on binance and other top exchanges, I'm talking about every altcoins surging on their own without Bitcoin taking the first step...
Share your thoughts, I would love to hear you out

Basically, all altcoins are influenced by Bitcoin. People have a habit that other cryptocurrencies are very dependent on Bitcoin.
But in fact, there are exceptions and they have a trend opposite to Bitcoin.

naikturun

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it's possible but it must have a strong reason for it.
for example the project is very good or the development has new innovations.
but if only listing on a large exchange I think will only cause the pump a moment later it will be normal again, or indeed the price is deliberately held so that it does not go down.

ampere

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Quote from: Winscosinally on March 05, 2020, 04:53:09 AM

After reading few posts on this forum today I became confused because and I decide to let it out to get answers in return, is it possible for altcoins to grow (altcoin season) without Bitcoin? I'm not talking about pumps like if a coin get burned off it's max supply or if listed on binance and other top exchanges, I'm talking about every altcoins surging on their own without Bitcoin taking the first step...
Share your thoughts, I would love to hear you out

My personal opinion.

It is not possible to have an altcoin season where altcoins grow without a bull run.
But it is possible for an altcoin to single handedly grow and pump in price even when bitcoin is bearish.

Do you understand the analogy ?

tbterryboy

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It happens, and it has happened not once but several times. There are some altcoins that will be going up even when the other coins in the market are going down. Projects can be doing well because they are really good projects and due to lots of Investors being part of the project and investing everyday, the project will keep going up despite that some of the other coins in the market are going down.

There was a time ChainLink was growing , despite that Bitcoin was decreasing in price as of then, even ETH and BCH and other top coins. So it do happens, though I don’t think it’s in a situation like we have now, this pandemic is affecting everything.

vvu351

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Quote from: Moeda on March 20, 2020, 01:07:19 PM

Quote from: Winscosinally on March 05, 2020, 04:53:09 AM

After reading few posts on this forum today I became confused because and I decide to let it out to get answers in return, is it possible for altcoins to grow (altcoin season) without Bitcoin? I'm not talking about pumps like if a coin get burned off it's max supply or if listed on binance and other top exchanges, I'm talking about every altcoins surging on their own without Bitcoin taking the first step...
Share your thoughts, I would love to hear you out

I think this is possible, but the coin developer must find as many investors as possible. Because with so many investors who are ready to support the project, the value of selling coins or tokens will increase. In addition, the project must have a real product that can be exchanged for coins. Every successful project doesn't just sell ideas on social media. But they also sell products.

After such a fall in stock markets and the collapse of the global economy. I am sure that this is the end of many cryptocurrency projects. I think that many Altcoin from the Top 100 will lose another 50% of their capitalization.

Topic: Altcoin season question - page 4. (Read 1111 times)