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Topic: ALTCOINS ARE GOING NOWHERE TILL BTC MOVES... prove me wrong (Read 509 times)

legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
When altcoin season?
Which ones to keep/buy?
Asking for a friend...

haha everyone wants to know when it begins Cheesy
all i can say is that if they get involved in the CryptoEcosystem, they will know themselves when it starts Wink
Prices tend to follow similar patterns, whale accumulation, tax season, etc
sr. member
Activity: 1190
Merit: 306
at this moment keep accumulating a kind of good altcoin such as ethereum, binance coin and litecoin is the best thing to do
Those aren't bad choices, tho I think ltc is overrated.  BNB might be a little of that as well, and there are other coins on the market better than the ones you named.  I'd prefer not to give out a personal list of my own picks because I can't stand shilling, but if I was op I would take a look at coinmarketcap.com and see the top 25 to 50 coins.  Those are *probably* worth investing in and they have the highest chance of surviving the next few years in my opinion.

Not yet time to buy altcoins.
I'd say it is.  Bitcoin just started a nice bull hop, which could lead to bigger gains and if that's true then altcoins are going to be rising along with btc.  Not to instigate FOMO, but you don't want to miss out.
hero member
Activity: 1036
Merit: 504
I agree with you, we have some small cap altcoins but their price is decreasing every day because everyone is busy pumping up the larger cap coins which is making us less wealthy holding the small cap coins and tokens. I still believe we might be lucky to get some pumping later down the road, that is if the projects we hold tokens and coins in actually progress as per their roadmaps. This time though if they do pump, I am sure we will see some light and I will sell at the highs, not like in last bull run because they will dump very hard and fast. So if each coin sees a new ATH or pump I will sell.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
Altcoin investors need a lot of patience specially that there is no accurate time on when prices may rise. I believe that some altcoin may rise independently if there are project development however some of it may not correlate or influence prices.
sr. member
Activity: 924
Merit: 260
Not yet time to buy altcoins. Ethereum crashed against BTC, but gained $20 against USD which means you probably profited more if you just held on to BTC and not ETH. This is probably the same story with other altcoins. Bitcoin is the focus now for probably in the next weeks.
sr. member
Activity: 938
Merit: 256
altcoin is still able to survive and I see the current exchange conditions have also experienced a price recovery so I think this can have a good impact on the price of altcoin and will not make altcoin dead. altcoin can definitely recover like it did with bitcoin today.

Altcoins is so many that makes the competition between altcoins is quite hard, the btc movement must be make altcoin going down. But in the recovery phase , maybe there are new altcoins coming up to steal people attention. So, if the altcoins have bad management from their team they will be dead anytime soon
full member
Activity: 280
Merit: 100
When altcoin season?
Which ones to keep/buy?
Asking for a friend...

ZEC, ADA ,ETC are the best choices in my opinion
i hold few more coins but these have a good reward and minimal risk
(ZEC Has more risk but it has a very high reward potential)

and they dont have to move only after BTC moves.. they may be the fuel before the next bitcoin bullrun just like it happened with ZEC in 2017
ZEC had a run up against bitcoin and only after that bitcoin ran up against usd, and then other altcoins followed while ZEC has bad performance
legendary
Activity: 2968
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
When altcoin season?
Which ones to keep/buy?
Asking for a friend...
I love the way you said that with authority, I mean your topic, which I agree with you that the performance of these altcoins really depend on how bitcoin also performs too and I know too that they will go nowhere until bitcoin changes its position to a proper uptrend, and when bitcoin start rising, only the top altcoins would start rising too which brings me to the body of your post containing question of which altcoin to buy?

From my point above, you could see that the altcoin that you should go for are altcoins that are within the top 20, they are the ones you can be happy about too when you seebitcoin rising, but other altcoins have to follow altcoin season before they can rise which will be when bitcoin goes sideways and that time is what I don’t know.
full member
Activity: 402
Merit: 101
all of altcoin are depends on the price of bitcoin, if bitcoin make any big movement on market of course altcoin are following and adjust the price on market, you'r not wrong.

i can't make any recomendation for buying altcoin right now, because the price in market still not stable
hero member
Activity: 1008
Merit: 501
When altcoin season?
Which ones to keep/buy?
Asking for a friend...
For the current market, I think we should not trade or hold any coin. why?
We are seeing a huge fluctuation. Just 2 days ago, the value of bitcoin dropped 10% in just one night. and now it is rebounding almost 9%, this is considered a heavy manipulation and you should not enter the market now. It is very risky and the possibility of losing money is higher. Please wait for the market to stabilize again, which is the best strategy.

You can stop trading for a while as the market is not stabilizing and we are passing a very confusing time. But buy and hold can be a good idea at this moment. Before everything, you have to know the potential of bitcoin and other high ranked altcoins. Then in every price drop, you will not feel hesitation to buy bitcoin and hodl. In every bitcoin drops, we should buy it and hold until a decent time to earn a good profit. BTC at 7400 USD was a very good price to buy as much as you can. Even if it goes under 7K USD, then you shouldn't be worry, as you know the potential of Bitcoin, so the price will grow again you know that.
To OP, I think you may buy any coin from the top 40 ranks in Coinmarketcapp to play safe, ETH, BTC, BNB, LTC, XRP, ATOM, BCH, LINK can be a very good choice.
hero member
Activity: 1008
Merit: 501
I don't think altcoins are going nowhere, rather reputed altcoins are still stable enough. Yes, most of the altcoins are decreasing continuously, but look at the ETH, LTC, BNB, 0LINK, ATOM, XLM, TRX and so on! They are still in good situation and in every BTC moves, top altcoins are growing up too. Even new altcoins like ONE, MATIC, SERO doing great, they are still up from their sale price. It's the Shitcoins, which are going nowhere and for their huge numbers, some good altcoins are passing bad time, that's it. I hope, with the Bitcoin grows, everything will be alright again, this is not the time to blame altcoins.
member
Activity: 770
Merit: 10
https://streamies.io/
When altcoin season?
Which ones to keep/buy?
Asking for a friend...
For the current market, I think we should not trade or hold any coin. why?
We are seeing a huge fluctuation. Just 2 days ago, the value of bitcoin dropped 10% in just one night. and now it is rebounding almost 9%, this is considered a heavy manipulation and you should not enter the market now. It is very risky and the possibility of losing money is higher. Please wait for the market to stabilize again, which is the best strategy.
member
Activity: 318
Merit: 10
crypto enthusiast
When altcoin season?
Which ones to keep/buy?
Asking for a friend...
We do not know where, how and why altcoin season will begin? Alcoins are probably gonna get some support from Bitcoin, but we do not even know from which increase. Look at the recent increases in BTC, altcoins are unaffected from most. All I can say is that the continuous and bigger increase in the BTC price will affect altcoins, for me, we should wait for it.
Support from BTC will definitely be needed in this case.

For those who haven't gotten it yet:
Bitcoin moves Upwards, Altcoins dumps
Bitcoin moves Downward, Altcoins still dumps
(posted by nelson4lov in comments bellow)

Like you said, let's wait for it!
member
Activity: 318
Merit: 10
crypto enthusiast
ALTCOINS ARE GOING NOWHERE TILL BTC MOVES...


Some may. It depends how useful they are. But yes you are right we will not see all alts x100 with Bitcoin under $20k. There can happen something that call for fungibility or opaque ledger and Monero togetehr with all opaque ledger cryptocurrencies will make a leg up.  Or can happen what happened with Ethereum when ICO boom happened in 2017.
You never know, that's the sweet things in crypto. Let's be surprised (in a good way) !
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
For those who haven't gotten it yet:
    Bitcoin moves Upwards, Altcoins dumps
    Bitcoin moves Downward, Altcoins still dumps

Either way, Altcoins have always been the victim anytime the market has moved. Since the last altseason in 2017, Altcoins have always prone to market moves and dumps. So whether or not, Bitcoin moves, The story would still be the same.
member
Activity: 318
Merit: 10
crypto enthusiast
Truth is, nobody knows WHEN altcoins starts moving, everyone's attention is at BTC currently, and if you look around the crypto communities is pretty much dead. Once the hoard returns, I'm sure we'll see a massive bull run, everything will move again, and the bull run we saw in 2017 will seem like small bump on the road.
That's my prediction anyway.

Regulation, will be tightened, peoples trading histories automatically shared with the IRS, everything will be regulated at some point, hence why DEX solutions seems like the obvious choice for those of us who wants to stay anon.
I'm accumulating Blocknet for this very reason in fact.

So hodl BTC and let play with the alts meanwhile? Agree that market's going to explode sooner or later...
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
indeed no one can know when the altcoin season starts but you have to know that altcoin prices can go up without having to wait for the price of bitcoin to rise or bitcoin to fall, altcoin prices can be very expensive when there is good news that can trigger traders to enter and buy altcoin again.
that's just market manipulation, some coins may go to pump but many coins cant be pump

if the exchanges dont do pump any coins, so how do trader still interest trading in that exchange?

so, it's logic if exchange do fake pump to get investor/ trader interest, and increase trading volume too
sr. member
Activity: 1372
Merit: 264
Absolutely the altcoins wilk move its price when there is also a movement of bitcoin's value and i think that when the price is going up then also all are following up.

That is why bitcoin is still the king of crypto and it all depends on the value if its going up or down. It just a matter of price level and depends on the market.
hero member
Activity: 1470
Merit: 509
When altcoin season?
Which ones to keep/buy?
Asking for a friend...
We do not know where, how and why altcoin season will begin? Alcoins are probably gonna get some support from Bitcoin, but we do not even know from which increase. Look at the recent increases in BTC, altcoins are unaffected from most. All I can say is that the continuous and bigger increase in the BTC price will affect altcoins, for me, we should wait for it.
full member
Activity: 378
Merit: 101
Estimated.Pro - Crypto Signals. Free.
When altcoin season?
Which ones to keep/buy?
Asking for a friend...

I actually believe so too, altcoins have not shown any real incentive in a long time, so I don't expect them to start now.
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