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Topic: Altcoin season, will it come next months? (Read 452 times)

sr. member
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June 20, 2024, 12:22:25 PM
#75
Quote from: MusaMohamed

Bitcoin eventually stopped it boring and uncertain time after about more than 10 weeks of correction. Now it starts to rise sharply and will retest its all time high again.

Ethereum has a big pump today too.

If you see the graphics above is insightful and contains fact in this market, Bitcoin and Ethereum already shown their roles and next months will be for an altcoin season.

It's not an altcoin season yet but you can buy altcoins now and wait for altcoin season.
https://www.blockchaincenter.net/en/altcoin-season-index/

If you think that altcoin season is coming soon then I agree but if you say next month is altcoin season then I don't agree with you. because there is no one I can trust here who can provide accurate information. and if you say altcoin you should be talking ethereum because apart from bitcoin it is an altcoin.
jr. member
Activity: 138
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Yes, the Bitcoin halving seems capable of triggering price increases not only in Bitcoin itself, but also has an impact on top altcoins such as ETH and several other altcoins. I personally have added Altcoin investments and am waiting for the upcoming altcoin season.
sr. member
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Merit: 262
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While I wanted to believe in this but what we are looking is bitcoin should do first so how come
that we will be having ALtcoin season in June when Bitcoin is still struggling? I mean bitcoin is working
hard to maintain its growth and also bitcoin is still not breaking ATH after Halving in which I believe the
sign  for the market to show how it works and how it will be making the generous increase in the
whole crypto market.

First of all, bitcoin has surpassed the old ATH mark of $69k, and I know many people here also witnessed bitcoin's journey from $15k to the present time and always look forward to the opportunity when they have missed it many times. And we are still in an uptrend, short-term fluctuations of about 30% are not too strange, so the shift to altcoins depends on each person's approach. For me the majority of the portfolio is in bitcoin, but I'm still honest that the current volatility gives me exposure to altcoins.
I think the altcoins season is always here so we don't need to be too panick about the state of the market.
We are still going to make good profits from the crypto market and all we need to do is to ensure that we keep buying and hold because the bull is still going to move well and investors are going to make huge profits from the market.
There are still undervalued cryptocurrency tokens we can buy to hold for the bull market so we can earn massively with time.
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
While I wanted to believe in this but what we are looking is bitcoin should do first so how come
that we will be having ALtcoin season in June when Bitcoin is still struggling? I mean bitcoin is working
hard to maintain its growth and also bitcoin is still not breaking ATH after Halving in which I believe the
sign  for the market to show how it works and how it will be making the generous increase in the
whole crypto market.

First of all, bitcoin has surpassed the old ATH mark of $69k, and I know many people here also witnessed bitcoin's journey from $15k to the present time and always look forward to the opportunity when they have missed it many times. And we are still in an uptrend, short-term fluctuations of about 30% are not too strange, so the shift to altcoins depends on each person's approach. For me the majority of the portfolio is in bitcoin, but I'm still honest that the current volatility gives me exposure to altcoins.
full member
Activity: 2520
Merit: 204
While I wanted to believe in this but what we are looking is bitcoin should do first so how come
that we will be having ALtcoin season in June when Bitcoin is still struggling? I mean bitcoin is working
hard to maintain its growth and also bitcoin is still not breaking ATH after Halving in which I believe the
sign  for the market to show how it works and how it will be making the generous increase in the
whole crypto market.
full member
Activity: 560
Merit: 100
Eloncoin.org - Mars, here we come!
Altcoin season is usually followed by a trending narrative. I think that altcoin season doesn't really exist. Because as you said altcoins really depend on their campaigns and how popular their projects are. But usually when bitcoin enters a bull run season some altcoins will also be bullish and because of that people often call it altcoin season. I think so.
The bear and bull season determines the life's of most investors and traders. Don't overworked because the market comes with promising projects which have been the tendency to nod in enormous profits.  I've worked very hard to reach this stage and falling back is never an option. This season is mainly for gamblers, they know what they're risking and they do well to comprehend the system. What are you even saying? This is altcoin season, it's obvious it's getting clearer.
member
Activity: 492
Merit: 48
It seems like this season the altcoin session is hard to predict, if it really happens next month it's possible that only the top/favorite tokens will rise, not for meme tokens or altcoins that no longer have a strong community

It seems like your prediction is pretty close and if you look at a lot of coins that have fundamentals, haven't had a good upside chance during this period, bookies are just pumping meme coins.

Yes. I think they will review and do it to coins that have never risen at all in the sense that the increase is only small if taken into account in general.
legendary
Activity: 2156
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It seems like this season the altcoin session is hard to predict, if it really happens next month it's possible that only the top/favorite tokens will rise, not for meme tokens or altcoins that no longer have a strong community
full member
Activity: 2520
Merit: 204
The first sign that we'll see altcoin season is when BTC moved a lot. From what we've seen lately, it moved a lot but still not enough to say that we're in the altcoin season. Usually it comes after BTC so, if you see that there's a huge correction after sudden pumping of BTC, it's not yet the time IMO. But that graph is a good guide if someone isn't confident with their own analysis, you can use that a reference but still the market has always been unpredictable.
Altcoins have their own season where they tend to explore and keep the huge pumps coming in. We just have to portrayed good strategy inother to stay low and observed the market. There are other good paths to acknowledge in the space, we should always be careful when dealing with the market because surprises comes to us when we're not prepared to face them.
expect no specification instead be ready to what may come in our investments because
 altcoins need to grow after bitcoin do its way up , sadly that is the trend and we need to deal with that.
Quote
BTC will not move in the expected direction, because this particular project is filled with volatility.
wrong , bitcoin will move to such direction depending in timing but if you
are talking here in this season when after halving is in place?then the chance of
making or in growing is always there, it may not be coming next month but we are close
in tasting that.
MiF
sr. member
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I think the altcoin season is near but next month is i think so early for altcoins to rise, bitcoin is now drop to 67k$ and we still don't know if it will continue to drop so  we still need to be careful, 67k$ price of bitcoin is already high price but altcoins is still calm and no sign of alt season i think if bitcoin reach 75k$ altcoins will start to move.
member
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You should be less bothered about which season it is and start buying some already, we all know that it's the bull and price would soar this season, so for sure altcoin time would come you just have to prepared and buy some altcoin for yourself.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
I think the altcoin season has arrived and now many altcoins have risen. Please see for yourself the difference in altcoin prices. Even memecoins like Pepe have been gradually increasing for some time now. even ethereum too. has increased again. So what do you mean by altcoin season? and which altcoin do you mean?

Altcoins are related with Bitcoin price and in most of the cases when there is a surge in Bitcoins price like it has been increased to the value of 69k$ so altcoins like ethereum and many others are also increasing which means that if someone wants to take profit from altcoins then he can easily take it now.

Meme coins are very much higher and therefore the interest of individuals in meme coins investment is increasing. Beside the risky features of meme coins people are continuously  investing in meme coins because presently its growth is successful.
sr. member
Activity: 1372
Merit: 264
It's really hard to foresee what will happen next and when the altcoin season will come. Best of the best is to always check the market cycle and BTC dominance then you will know when the trend will come and I think that relying on this kind of tactics/strategy will surely win you a profit.
full member
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It's difficult to determine when the bull run will come with certainty, but you need to know that the bull run will definitely come, I suggest that before this time comes, it's best for you to prepare provisions to be able to use them right Of course you have to prepare coins that have the potential to make a profit later,
hero member
Activity: 3164
Merit: 675
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You are right that the value of altcoin mostly depends on the various activities of their developers and their campaigns. They should not be compared to the value of Bitcoin as it started on a small scale in the past but its credibility is at its highest due to the increase in the number of investors and the decentralized system. But most altcoins have not been able to retain their credibility. But some alt must be trusted and relatively safe to be selected through review.
Altcoin season is usually followed by a trending narrative. I think that altcoin season doesn't really exist. Because as you said altcoins really depend on their campaigns and how popular their projects are. But usually when bitcoin enters a bull run season some altcoins will also be bullish and because of that people often call it altcoin season. I think so.
Yeah true, when the bull run starts and everything starts to go up (and mainly bitcoin) even the terrible projects end up getting some funding. I remember both in 2017 period and in 2021 period there were a lot of shitcoins that ended up going super high, and that is why I think it's quite clear that we are going to end up with something much more different.

Of course that is not going to be easy for many people, because they will invest into things thinking that they are going to do fine, but then in the end we are going to see things change. We should be considering how we could move towards being better eventually, and that is going to be the profitable thing that helps us. Just go with top ranked ones, and you should be fine.
sr. member
Activity: 1610
Merit: 406
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You are right that the value of altcoin mostly depends on the various activities of their developers and their campaigns. They should not be compared to the value of Bitcoin as it started on a small scale in the past but its credibility is at its highest due to the increase in the number of investors and the decentralized system. But most altcoins have not been able to retain their credibility. But some alt must be trusted and relatively safe to be selected through review.

Altcoin season is usually followed by a trending narrative. I think that altcoin season doesn't really exist. Because as you said altcoins really depend on their campaigns and how popular their projects are. But usually when bitcoin enters a bull run season some altcoins will also be bullish and because of that people often call it altcoin season. I think so.
full member
Activity: 280
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Eloncoin.org - Mars, here we come!
Sources of image.

https://x.com/rektcapital/status/1792651187784699931
https://x.com/SecretsOfCrypto/status/1388967948979609603


Bitcoin eventually stopped it boring and uncertain time after about more than 10 weeks of correction. Now it starts to rise sharply and will retest its all time high again.

Ethereum has a big pump today too.

If you see the graphics above is insightful and contains fact in this market, Bitcoin and Ethereum already shown their roles and next months will be for an altcoin season.

It's not an altcoin season yet but you can buy altcoins now and wait for altcoin season.
https://www.blockchaincenter.net/en/altcoin-season-index/
I think we have to wait a little more before altcoins season begins. There is a dump in the market especially after the halving people got disappointed because the market didn't responded the way people were expecting it to.

So in order to be on a safe side we should ignore short term investments at the time. Yes if you're planning something long then you can go ahead it could be the best time possibly.
full member
Activity: 126
Merit: 93
Agreed, We have seen similar price action in the past as well if Bitcoin goes up Altcoins goes up and if Bitcoin drop so does Altcoins. There is a catch here wherein Bitcoin have tendency to recover post bear run but Altcoins most of them will not be able to recover. I have only seen ETH apart from Bitcoin which has always bounced back after bloodbath during bear market. This time we have other coins as well lie Solana to choose.
Altcoin price movements do not always follow Bitcoin price movements. We can see that when the price of Bitcoin falls, sometimes the price of altcoins still experiences an increase in price. Basically, altcoin prices have price movements depending on the development of the project they are developing, so Bitcoin price movements are not always a reference for altcoin price movements.
You are right that the value of altcoin mostly depends on the various activities of their developers and their campaigns. They should not be compared to the value of Bitcoin as it started on a small scale in the past but its credibility is at its highest due to the increase in the number of investors and the decentralized system. But most altcoins have not been able to retain their credibility. But some alt must be trusted and relatively safe to be selected through review.
full member
Activity: 407
Merit: 136
A good point which is missing by many with they are expecting good run in bitcoin can bring better results in crypto as well which is not easy because many times are having huge decline in crypto while we are having good movement in Bitcoin with things can take any direction while its never follow this all.
Currently as situation is going we can expect any side movement with most chances things can go positive which could be good and having good chance of going for long time specially if we are going to have $4000 in Ether then surely we will have good rise in crypto which will go for the long time.

The main thing is maybe we can see Bitcoin is quite strong with its position first. because Bitcoin movements will greatly influence the potential for altcoin market growth.
If Bitcoin is not strong enough and stable after the pump or briefly experiences a correction it will be very difficult to see the altcoin making a lasting increase. the price will be very quickly affected by the movement of Bitcoin.

some altcoins can create their trends. but not to form an altcoin season.
hero member
Activity: 3066
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I don't believe in such things anymore. All I know is that Ethereum will always be dragged by how the Bitcoin market moves which is why I only monitor Bitcoin right now and just let my altcoins do their own value increase which depends on the hype and the demand of their product.
I mean, I don't want to expect anymore. With different stablecoins out there, the ruling of Bitcoin down, and altcoin up, is gone forever. Sure, there will be movement with different altcoins but it's not like every name listed in the market will be dragged by it.
Right now, I am just picking the altcoins which are also growing while Bitcoin is in demand. Ethereum is one, the others are so rare that they are like a needle in a haystack. It's best to probably just pick altcoins that you think have a good future in this wild market.
Things are different, the usual pattern of bitcoin down while altcoin up which indicates altcoin season back then is no more.
nowaday its just the market following the trend, most of altcoins are independent to each other, but usually a coin that are layer 2 depends on the price of layer 1, if it rise then the layer 2 will also rise.
here's some example why such thing is actually happening.


that is the comparation chart of stacks which actually just layer 2 of bitcoin with smart contract capability, if you observe the price of these two, you will see similarity, it means some of altcoins that are layer 2 kind of depends on the layer 1 price.
the other altcoin of different narrative such as RWA or depin is different, it is sometime climbing the ladder on its own regardless of the current trend, but silver lining is that, if bitcoin rise, the other altcoin also have higher of chance to rise as well since the capital
flowing to the market is more immense, therefore its as easy as following the trend.
for altcoin season, i guess there gonna be no such thing anymore, what still there is crypto season where all crypto including bitcoin and altcoin just goes up due to current market sentiment.
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