Topic: Altcoins vs BTC halving - page 3. (Read 610 times)

Be careful, Bitcoin halving may be overrated. It may cause (directly or not) a FOMO-bubble or not, however, if it does it, it will not be the only trigger (hashrate use to be another indicator).
I don't say that your questions have no basis. I just want to tell that there are many more things to take into account and the problem is the same with or without the halving.

PS. Afaik the good years for Bitcoin price were also good for altcoins, just with some delay.

When you look into the history you will see that this is the best time for buy because historically Bitcoin started to grow few months before halving (speculation) and after halving price of BTC pumped hard.
What about altcoins? They will surely follow BTC move, but they will not give us such profit like we saw in the past. 

Bitcoin is very volatile and we are investors who are facing many risks during this period. Over the past few days Bitcoin has dropped to $7700 and this is the fastest drop in a year. Now, the thing I'm most worried about is that this market doesn't have any stability so we could lose money very quickly without a specific strategy. I will personally choose a safe solution and will not buy any coins during this period

Of course, it will be time for everyone to be able to buy cheaply but this year is a very bad year for the whole market and you should consider carefully when investing.

If you are worried of your portfolio getting less value, do something with that by packing up your altcoins and selling it for bitcoin. But if you don't want to, you have an option to keep your alts while buying bitcoin with a new fund or budget that you have.
The trend likely is going to be positive and increasing each every halving but it won't come immediately just like what I've observed last halving. I'm really hoping for an impact of it to have a bull run.

If BTC will go up after halving, every good alt will go up too

Since bitcoin halving is coming what do you think will happen? many altcoin whales will dump altcoin for bitcoin to take advantage of the bitcoin halving, this means altcoins can still go down in price, altcoins will start surging when after halving when whales start pumping money back into altcoins

Just because of the halving coming up I am quite certain that this recent fall of bitcoins is caused by the whales who sold a ton of bitcoins and now collecting small by small. They know very well where the trends are and where the walls are so if they can sell just enough to drop the price below the wall then it will continue to fall to the next wall until it stops all thanks to panic sellers and traders. Unfortunately altcoins are following bitcoin prices when bitcoin market is falling down.

But, due to upcoming halving, BTC prices may skyrocket and while skyrocketing it may boost altcoin markets too. If you notice BTC prices are rarely staying in stable trend. It will be always either in up or down markets. So, upcoming halving will most probably boost BTC prices which may help altcoin markets to recover.

It means now whales have a chance to buy both BTC and altcoins  as much as they can as slowly as they can until the next fall and that is why there is really no point on getting too upset about the down fall of altcoin markets, surely we would love it if it went higher up but when it drops for no reason at all and we can't explain it with a good logic that must mean that market is being manipulated and we will be fine if we wait long enough. All these are applicable only if you are holding reputed coins/tokens. If you are a holder of shitcoins then no one could help you out.

I have 2 possibilities that might happen based on our market situation.

1. A major drop happens due to this Bakkt futures listing. Because of this drop, altcoin gets another dump again and squeeze almost 30% of its price before stabilizing. It remains this way a month before halving and Bitcoin start to get the pump. Bitcoin and Altcoin will reach this level again a few weeks before the halving. Remember, the price will not increase dramatically after the halving. It increases after months of consolidation

2. Nothing major happens and the price fluctuates a lot, going upward and downward from time to time based on Bitcoin price. Bitcoin price will face its major bull run after halving and at the same time altcoin will face another breakthrough. This is very unlikely to happen because the market shows us the opposite of this. But of course, everything is possible

There are two possibilities that will have happened with that situation
1. People throw more money from their pocket to buy bitcoin
2. People liquidated their altcoins to buy bitcoin
If the first scenario happened and altcoin has nothing to do with it consider about that will not give a huge impact to the price of the altcoin. Bitcoin gets fresh money that means the movement of bitcoin will not a big dump for altcoin.
if the second scenario happened and then a big sell-off for altcoin can happen anytime but in my experience, i have watched the 2016's bitcoin halving and it not gives a big impact to the price of altcoin.
This time the capability of bitcoin to give a huge impact to the altcoin's price is much stronger consider about the bitcoin price that becomes more expensive than before and the bitcoin dominance will become a few factors that can give a huge impact to the altcoin.
But it's true if the less inflation will make bitcoin even more expensive.
More and more miners have no power to dump a lot of bitcoin.

You can't really say for certain that bitcoin will double or even 5x or 10x. While it's true that the halvening is a highly anticipated event that historically increases the value of bitcoin, the market conditions show us that bitcoin is so volatile and everything can turn south in a few minutes.

If altcoins will be affected it will be in mass fasion meaning it will be hard to single out a specific altcoin, all will be down. If any altcoin will go down more, then it's reason will be specific to it and you have to do the necessary for each altcoin individually.

I myself also confused why this happened to Altcoins, but I Yaki entered in October Altcoin will at least return to rise above 20% of the current price, if we still have better money buy again because the price of altcoin is already very cheap. I am commanding to buy Eth, BNB coin, LTC, XRP, XLM, that will hold for future investments. Hopefully the year-end Altcoin price is back.

Naturally, Altcoins will plummet on that time considering that there is no fresh liquidity entering on the crypto world. The most probable scenario is altcoins whales will convert to BTC before halving occurred that will result for altcoins bear season. But this scenario will occur if it meets the condition that no new liquidity enters on crypto. The story goes different when newbie investors enter because of the FUD that will be surely happening when bitcoin halving is near. Expect great price movement on Bitcoin and Altcoins from December to January that might give us the hint on what will be the possible condition of the market.

Already almost all the altcoins had touched the bottom and some of good coins are about to test the dogecoin like prices (I mean prices below 100 satoshi). It is proven that when BTC prices are increasing, altcoins are slipping and in time to time, we do observe altcoins are falling along with bitcoin markets too. But, only when bitcoin markets are trading stable, we are witnessing altcoins are increasing.

I guess, it is time for bitcoin markets may get impacted about upcoming halving as the halving is approximately scheduled in less than 8 months of time. I am really confused what kind of trend we are going to have for altcoins against upcoming halving. We cannot expect BTC markets to be stable when a its halving is going to happen, obviously BTC prices may get doubled at least (or may grow in x5 or x10 too) and due to this, I do not want to see my portfolio value getting half from the current levels.

Let's discuss where altcoins market may head due to this crucial part of crypto world.