Topic: ALTCOINS ARE GOING NOWHERE TILL BTC MOVES... prove me wrong - page 2. (Read 516 times)
As far as I can see, bitcoin pumps or dumps every fixed days and after that, we are having some small alt periods but after that, we are having the fixed pumps and dumps which ruin the gains of the mini alt periods. So, yes, altcoins are going nowhere until we have decided the bitcoin's price for sure. This will be possible after the halving I guess, so we have a lot of time for that.
It is true. Actually really disappointing picture, because BTC dominance is around 65 percent, which does not affect altcoins in any kind. Maybe the dominance need to fall below 50 percent, to launch altcoins movement?
When altcoin season?
Which ones to keep/buy?
Asking for a friend...
Which ones to keep/buy?
Asking for a friend...
There's no way for anyone to tell on when alt season will start, but generally, most alts will rise up once BTC goes back to being bullish again. Though there are cases where quality alts are going up due to certain milestones being reached.
As for good projects, I always go for ones that are revolutionary and will aim to improve current systems. Netflix and Twitch are such a hot trend now and are being rivaled by Microsoft making their own streaming platform. Crypto is not letting that opportunity slip away as there's a blockchain streaming app that lets you earn tokens as well. Adoption is key and we need to keep going since we know how crypto can positively disrupt the industry.
You are correct and I would definitely agree with you.
That's my observation this year also, we had some recovery from BTC and then altcoins started to slowly move especially the major ones.
But now that BTC is again going down trend, we are back again and it seems like altcoins in general has no life again.
It maybe take time to recover and BTC is a good barometer to determine the movement of altcoins.
That's my observation this year also, we had some recovery from BTC and then altcoins started to slowly move especially the major ones.
But now that BTC is again going down trend, we are back again and it seems like altcoins in general has no life again.
It maybe take time to recover and BTC is a good barometer to determine the movement of altcoins.
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.
When altcoin season?
Which ones to keep/buy?
Asking for a friend...
Which ones to keep/buy?
Asking for a friend...
I won't prove you wrong, I agree. Alts are stuck at the moment. They are low vs BTC, but they have been that way for a while, and there is little buy pressure to raise their prices. So people won't buy alts at current BTC prices... in order for alts to become more desirable, they need lower prices vs BTC. There are two ways for this to happen, a) BTC increases in price more than alts do, or b) alts drop in price more than BC does. Either way will increase the BTC dominance, and make alts more desirable. However only option 'a' is likely to increase buy pressure at all, 'b' is more likely to lead to further sell-offs as confidence falls.
So I would say that we need a rising market, with BTC rising more than alts, before we could see the start of an alt bull.
The thread heading perfectly says the prevailing market situation of the altcoins. There has been big growth expected with altcoins over the years, and nothing big happened other than the launch of new IEOs that profited the investors. Apart from this very few number of altcoins like Binance popped high marking its new ath.
The price of bitcoin grew strong against the altcoins, this showed the way for large investments on altcoins. Even by that none showed interest on investing over altcoins. This has kept the market of altcoins low against bitcoin. Now there is mutual fall and rise in value with bitcoin. Following this we can experience growth of altcoins when bitcoin grows.
The price of bitcoin grew strong against the altcoins, this showed the way for large investments on altcoins. Even by that none showed interest on investing over altcoins. This has kept the market of altcoins low against bitcoin. Now there is mutual fall and rise in value with bitcoin. Following this we can experience growth of altcoins when bitcoin grows.
Keep bitcoin.
That's all you have to do during this season, bear season, bull season, altcoin season which means you should keep it in all seasons that we're experiencing. Still a lot asking about alts season, there's no one can answer you guys when it will arrive.
Agree, there is no need for alt if we are in the bear season more of them will lost its value morethan what you will lose if you are in BTC. BTC has less volatile in red season compare to other crypto coin that lost morethan 100% or more. That's all you have to do during this season, bear season, bull season, altcoin season which means you should keep it in all seasons that we're experiencing. Still a lot asking about alts season, there's no one can answer you guys when it will arrive.
Well we barely know when Bitcoin make another move and start a bull run so predicting an altcoin run makes it almost impossible.
We must wait and see how Bitcoin will be after the halv in order to draw conclusions on an altcoins run. So yea , I can't prove you wrong but I can say that some altcoins will make a move before Bitcoin will make his as some of them have powerful tech on-going in development.
We must wait and see how Bitcoin will be after the halv in order to draw conclusions on an altcoins run. So yea , I can't prove you wrong but I can say that some altcoins will make a move before Bitcoin will make his as some of them have powerful tech on-going in development.
It is hard to answer when will be the altcoin season like 2017 does. We all are hoping for the comeback season of altcoins this 2019 but was only a disappointment since only shitcoins are created without further use in crypto market.
On the other hand,
I suggest you only hold and buy those coins that are established like btc and eth. Those who are on the top 10-20 lists in CMC and choose those projects that have a significant use and objective. These implies a capabality and potential of a certain coin.
On the other hand,
Quote
which one to keep/buy?
I suggest you only hold and buy those coins that are established like btc and eth. Those who are on the top 10-20 lists in CMC and choose those projects that have a significant use and objective. These implies a capabality and potential of a certain coin.
When? the answer is no one knows because we are all just playing in a prediction game here.
Some people says it will be in the last quarter of this year like the last bull run in 2017 but its not happening and not signs at all, so the best thing to do now if you still trust the market or the altcoins to recover is just to continue accumulating this cheap altcoins and wait for its rally, probably it might take long but as long as it will happen it will always make us profitable.
Some people says it will be in the last quarter of this year like the last bull run in 2017 but its not happening and not signs at all, so the best thing to do now if you still trust the market or the altcoins to recover is just to continue accumulating this cheap altcoins and wait for its rally, probably it might take long but as long as it will happen it will always make us profitable.
When altcoin season?
Which ones to keep/buy?
Asking for a friend...
When altcoin will come can't be estimated and we have talked about this since the price of bitcoin was touching yearly ATH but it's not yet happened till this time. There will be no altcoin season but the fact that altcoin itself can determine whether it will be hyped or not. Which ones to keep/buy?
Asking for a friend...
You should see the altcoin market right now and some altcoins can overcome the bitcoin bearish trend with its fast recovery. that means altcoin has a good credibility among the buyers.
I'm not sure if I can choose one that suitable for you but some altcoins like chainlink, bitcoin sv, and tron can get the reverse trend to recover its lose in term of the dollar value caused by bitcoin.
Altcoin is going based on the development progress and the rumour about a big news.
Bitcoin gives nothing to the movement of altcoin.
It's proven if altcoin is going nowhere till BTC moves is really wrong statement.
I completely agree.
The demand for alts are solely dependent on BTC. There is very few alts that exist in a vacuum and don't follow BTC's wider movements (XRP is one of them, I think).
Perhaps altcoins will rally against BTC while BTC is falling but it is highly improbable for any alt to rally in USD or other fiat currency terms while the overall market sentiment is bearish, as indicated by falling BTC prices.
The demand for alts are solely dependent on BTC. There is very few alts that exist in a vacuum and don't follow BTC's wider movements (XRP is one of them, I think).
Perhaps altcoins will rally against BTC while BTC is falling but it is highly improbable for any alt to rally in USD or other fiat currency terms while the overall market sentiment is bearish, as indicated by falling BTC prices.
When altcoin season?
Which ones to keep/buy?
Asking for a friend...
Which ones to keep/buy?
Asking for a friend...
at this moment keep accumulating a kind of good altcoin such as ethereum, binance coin and litecoin is the best thing to do
because the price still cheap my friend
so, when the green colour comeback you will get an enough profit buddy
Keep bitcoin.
That's all you have to do during this season, bear season, bull season, altcoin season which means you should keep it in all seasons that we're experiencing. Still a lot asking about alts season, there's no one can answer you guys when it will arrive.
That's all you have to do during this season, bear season, bull season, altcoin season which means you should keep it in all seasons that we're experiencing. Still a lot asking about alts season, there's no one can answer you guys when it will arrive.
Don't expect for some altcoin to go somewhere if Bitcoin is shrinking, it just means that most of these altcoins are still following the trend of Bitcoin. You should put your hopes on Bitcoin first instead of those altcoins. But as the current market conditions, it is the best time to invest since most of the price are in dip.
Basically, altseason is not even a certainty. Some alts bleed out when Bitcoin pumps and also when it dumps whereas others just go with Bitcoin while most others work in reverse of Bitcoin's movement.
Nice alts to buy is BNB and ETH, maybe a few other alts in top 10 CMC. Any alt right now without a real and applicable project/product will soon die off.
Nice alts to buy is BNB and ETH, maybe a few other alts in top 10 CMC. Any alt right now without a real and applicable project/product will soon die off.
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.
One example is the Binance coin, it is an outlier, a cut above the rest of the altcoins because profits from the number one crypto exchange is partially used for coin buybacks. On hindsight, a smart investor would have sold all his altcoins and just buy into Binance coin.
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.
When altcoin season?
Which ones to keep/buy?
Asking for a friend...
Maybe ETH if want to buy altcoin. Or maybe just buy bitcoin and then hold until halving.Safer if you afraid to lose more. Because bitcoin still have possibility to get pumped because it's halving. If me and i am new in this kind of investment, i will take safest way to make investment. Although every investment have risk. Which ones to keep/buy?
Asking for a friend...
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