Are we going to see a new altcoin boom soon - page 4.

Tellek Garing

full member

Activity: 854

Merit: 130

Quote from: aditasetia123 on April 20, 2022, 11:29:06 PM

Quote from: Tellek Garing on April 20, 2022, 07:26:54 PM

Yeah in most cases the both market follow the same trend altcoin most time depends on the Bitcoin market to make any significant move be it bull movement or bear market but at this period it hard for one to define the present conditions of the altcoin market some altcoins made tremendous movement recently with shiba inu making a sudden uptrend movement even while other altcoins where on correction mode.

some altcoin will show its strenght although bitcoin price drop, whales or big investors move their money to another coins that maybe thinked cheap and have low risk if pumped. bitcoin and altcoin price mostly move parallelly , so if understand how to enter and exit market maybe it be best opportunity.

Most users includding myself believe strongly that the altcoin my depends in Bitcoin to determine the direction the market goes that is why most tome the altcoin market will wait for Bitcoin to make any market decision be it negative or positive.

Not at the moment Bitcoin is signaling the 43k region which is an indication that the market is on a recovery mood and at that altcoin will soon show some positive moves also but the altcoin market is full of many manipulations from the team involved.

Farma

legendary

Activity: 2492

Merit: 1001

Leading Crypto Sports Betting & Casino Platform

Quote from: lalabotax on April 20, 2022, 06:58:03 PM

Altcoin boom must be followed after Bitcoin boom. Since Bitcoin price is in a decrease period, it is difficult to expect another altcoin boom. As you said, we already experienced a Bitcoin boom last year, so this year is the decrease on Bitcoin price (correction phase). As long as Bitcoin price experienced a downtrend, altcoins also follow it. That's why many altcoin prices are decreasing so much nowadays. Next altcoin boom probably happens in the next Bullrun, in 2024-2025.

well, based on experience, once the price of bitcoin rises to ATH, then the following year will be a correction. however, the thing to note is, the bitcoin ATH price is around $60k, and currently the price is still in the $41k range, so I feel that the correction is not as deep as before. even now the potential to go back up to $60k is still pretty big. well, I just hope that in the near future, we can see a new ATH without having to wait for the halving or next year again. but, still, the short-term prediction for bitcoin price could go up to $43k, and if the price continues to rise, it may be as high as $48k. well, it's getting close to ATH, so I hope this continues.

Prediction Source: https://cointelegraph.com/news/price-analysis-4-20-btc-eth-bnb-xrp-sol-ada-luna-avax-doge-dot

aditasetia123

member

Activity: 464

Merit: 10

Quote from: Tellek Garing on April 20, 2022, 07:26:54 PM

Yeah in most cases the both market follow the same trend altcoin most time depends on the Bitcoin market to make any significant move be it bull movement or bear market but at this period it hard for one to define the present conditions of the altcoin market some altcoins made tremendous movement recently with shiba inu making a sudden uptrend movement even while other altcoins where on correction mode.

some altcoin will show its strenght although bitcoin price drop, whales or big investors move their money to another coins that maybe thinked cheap and have low risk if pumped. bitcoin and altcoin price mostly move parallelly , so if understand how to enter and exit market maybe it be best opportunity.

Tellek Garing

full member

Activity: 854

Merit: 130

Yeah in most cases the both market follow the same trend altcoin most time depends on the Bitcoin market to make any significant move be it bull movement or bear market but at this period it hard for one to define the present conditions of the altcoin market some altcoins made tremendous movement recently with shiba inu making a sudden uptrend movement even while other altcoins where on correction mode.

lalabotax

full member

Activity: 1582

Merit: 132

BK8 - Most Trusted Gambling Platform

Quote from: MiF on April 17, 2022, 05:50:48 PM

When bitcoin rise above 60k$ or reach a new ATH maybe the altcoins will be having a big boom, i think we already experienced this before so there is no need to ask we know that most of the altcoins is a bitcoin dependent and if bitcoin fall down beyond our expectations we can also expect altcoins to also fall quickly no doubt about it.

Altcoin boom must be followed after Bitcoin boom. Since Bitcoin price is in a decrease period, it is difficult to expect another altcoin boom. As you said, we already experienced a Bitcoin boom last year, so this year is the decrease on Bitcoin price (correction phase). As long as Bitcoin price experienced a downtrend, altcoins also follow it. That's why many altcoin prices are decreasing so much nowadays. Next altcoin boom probably happens in the next Bullrun, in 2024-2025.

TheClownSong

sr. member

Activity: 1428

Merit: 251

Quote from: kesmex on April 20, 2022, 02:49:31 AM

Quote from: whiteblue on April 20, 2022, 02:05:13 AM

Quote from: jeha2015 on April 19, 2022, 05:55:12 PM

they move parallelly in market , bitcoin rise and altcoin will do more. corellation with altcoin and bitcoin could not separated , its a balancing in market and money flow from coins to other coins. by looking bitcoin price, its rellatively easy to see altcoin price movement. maybe bitcoin as main market sentiment that influenced altcoin price.

The biggest ownership of crypto market movement is controlled by Bitcoin because without BTC increase, no altcoin can reach maximum increase, Bitcoin as market movement sentiment, support for BTC increase has positive impact on all aspects of cryptocurrency.

We cannot deny that the altcoin market is still heavily influenced by the price of Bitcoin,
although not all of them but if you look in the list of top 10 coins it is really affected,
Bitcoin's movement is also still volatile and let's see what it will turn out to be

it is really happen at this moment , and why we see bitcoin dominance analisys that usually traders used to. majority altcoin will get positive of negative impact from bitcoin movement, but some of them could decouple bitcon price and this kind of altcoin must observed to find how could this happen, is there any special special reason for it. when we know it, even in bearish market we still able to earn profit by buying altcoin.

bigjuk

full member

Activity: 1088

Merit: 102

Quote from: wiss19 on April 20, 2022, 09:39:01 AM

The amount of people who think that we should be doing fine right now and altcoins should be booming soon is sort of a proof. Why? Because if everyone thinks that it will boom, they will end up buying it, why not buy something that you think that will go up? If you think it will go up, then buying means profiting when it goes up so that is a proof in itself.

If everyone thinks it will boom and because of that everyone buys, then the market will be filled with buy orders and the price will go up. This is simple mathematics, doesn't have to 100% correctly hit each time, but also just shows that the market is expecting it to go up for sure.

People like that are only consumed by the hype because if someone is an influencer in crypto saying we are going to a bull run soon they will believe it. Bull run is actually very difficult to detect because the market movement is always changing in a short time. from this effort i think we can take some time to choose the top altcoins to buy before the market really shows bullish strength.

marcous

hero member

Activity: 2478

Merit: 512

Leading Crypto Sports Betting & Casino Platform

Quote from: whiteblue on April 20, 2022, 02:05:13 AM

The biggest ownership of crypto market movement is controlled by Bitcoin because without BTC increase, no altcoin can reach maximum increase, Bitcoin as market movement sentiment, support for BTC increase has positive impact on all aspects of cryptocurrency.

I think it's very clear and also has been very proven since the past until now because those who often visit the market every day also know that Bitcoin is the main coin which is still very influential in terms of pumping all the other altcoin in the market anytime.

DanWalker

hero member

Activity: 1960

Merit: 547

Vave.com - Crypto Casino

Quote from: jaberwock on April 18, 2022, 04:49:33 PM

Quote from: MiF on April 17, 2022, 05:50:48 PM

When bitcoin rise above 60k$ or reach a new ATH maybe the altcoins will be having a big boom, i think we already experienced this before so there is no need to ask we know that most of the altcoins is a bitcoin dependent and if bitcoin fall down beyond our expectations we can also expect altcoins to also fall quickly no doubt about it.

It happened exactly that way. When we reached 68k levels, the price of altcoins rise as well since they were same against bitcoin but bitcoin was higher against dollar so it went up. Not only that, but after it dropped to like 58k levels, alts kept on going up, which caused almost all of the altcoin boom that we have seen during that period.

I am not really sure if it will happen again or not, but I know that it is certainly not a bad expectation. Whenever bitcoin goes up, we are going to see other coins to go up as well, and if it is a huge hype then alts will go on even after bitcoin. But if we are talking about like 10%, then it will go up and down together.

I believe it will continue to happen because that is how the market works, the dependence of altcoins on bitcoin is so great that it is difficult to separate. As long as bitcoin recovers, we will soon see a boom in altcoins, so just observing bitcoin price movements to get an idea of the price movement of altcoins.

wiss19

sr. member

Activity: 2296

Merit: 348

The amount of people who think that we should be doing fine right now and altcoins should be booming soon is sort of a proof. Why? Because if everyone thinks that it will boom, they will end up buying it, why not buy something that you think that will go up? If you think it will go up, then buying means profiting when it goes up so that is a proof in itself.

If everyone thinks it will boom and because of that everyone buys, then the market will be filled with buy orders and the price will go up. This is simple mathematics, doesn't have to 100% correctly hit each time, but also just shows that the market is expecting it to go up for sure.

kesmex

full member

Activity: 1110

Merit: 104

Quote from: whiteblue on April 20, 2022, 02:05:13 AM

Quote from: jeha2015 on April 19, 2022, 05:55:12 PM

they move parallelly in market , bitcoin rise and altcoin will do more. corellation with altcoin and bitcoin could not separated , its a balancing in market and money flow from coins to other coins. by looking bitcoin price, its rellatively easy to see altcoin price movement. maybe bitcoin as main market sentiment that influenced altcoin price.

The biggest ownership of crypto market movement is controlled by Bitcoin because without BTC increase, no altcoin can reach maximum increase, Bitcoin as market movement sentiment, support for BTC increase has positive impact on all aspects of cryptocurrency.

We cannot deny that the altcoin market is still heavily influenced by the price of Bitcoin,
although not all of them but if you look in the list of top 10 coins it is really affected,
Bitcoin's movement is also still volatile and let's see what it will turn out to be

whiteblue

sr. member

Activity: 1246

Merit: 250

Quote from: jeha2015 on April 19, 2022, 05:55:12 PM

they move parallelly in market , bitcoin rise and altcoin will do more. corellation with altcoin and bitcoin could not separated , its a balancing in market and money flow from coins to other coins. by looking bitcoin price, its rellatively easy to see altcoin price movement. maybe bitcoin as main market sentiment that influenced altcoin price.

The biggest ownership of crypto market movement is controlled by Bitcoin because without BTC increase, no altcoin can reach maximum increase, Bitcoin as market movement sentiment, support for BTC increase has positive impact on all aspects of cryptocurrency.

jeha2015

full member

Activity: 548

Merit: 168

Play Bitcoin PVP Prediction Game

Quote from: MiF on April 17, 2022, 05:50:48 PM

When bitcoin rise above 60k$ or reach a new ATH maybe the altcoins will be having a big boom, i think we already experienced this before so there is no need to ask we know that most of the altcoins is a bitcoin dependent and if bitcoin fall down beyond our expectations we can also expect altcoins to also fall quickly no doubt about it.

they move parallelly in market , bitcoin rise and altcoin will do more. corellation with altcoin and bitcoin could not separated , its a balancing in market and money flow from coins to other coins. by looking bitcoin price, its rellatively easy to see altcoin price movement. maybe bitcoin as main market sentiment that influenced altcoin price.

Amicable55

jr. member

Activity: 213

Merit: 6

Some projects are suitable for long-term investment, and some of them are short-term best. Nowadays as we study the previous history related to Crypto or Altcoins or new coins, Average coins launch and rise and make their space in the crypto world. If a coin holds for a long time it may or may not be beneficial for you. But if that coin rises and makes a large candle then it will give you a lot of money. If the coin gets stable in the market then it will boom 100%.

CottonEdwiin

newbie

Activity: 59

Merit: 0

The best aspect of the PunkPanda platform is that it will never collect data or listen to your calls. Thanks to the highest level of military-grade encryption and it is very pleasing!

rhodelmabanal

full member

Activity: 1140

Merit: 103

Buzz App - Spin wheel, farm rewards

Quote from: Tellek Garing on March 25, 2022, 01:45:38 PM

Most of the market is beginning to pick up in recent times and altcoin look left behind in the recent market boom.

What are we going to expect from the altcoin market with this new market boom will altcoin see a new phase in the market or Bitcoin will continue with the market trend?

Well do not generalized all altcoins i see some altcoins that still rising even if the bitcoin is down trend one of the altcoin is the PYR most of the altcoin is down when btc is down but there are also coins that still slowly rising even if the market is in down trend, i prefer to invest on some new coins in play to earn platform.

jaberwock

legendary

Activity: 2660

Merit: 1074

Quote from: MiF on April 17, 2022, 05:50:48 PM

When bitcoin rise above 60k$ or reach a new ATH maybe the altcoins will be having a big boom, i think we already experienced this before so there is no need to ask we know that most of the altcoins is a bitcoin dependent and if bitcoin fall down beyond our expectations we can also expect altcoins to also fall quickly no doubt about it.

It happened exactly that way. When we reached 68k levels, the price of altcoins rise as well since they were same against bitcoin but bitcoin was higher against dollar so it went up. Not only that, but after it dropped to like 58k levels, alts kept on going up, which caused almost all of the altcoin boom that we have seen during that period.

I am not really sure if it will happen again or not, but I know that it is certainly not a bad expectation. Whenever bitcoin goes up, we are going to see other coins to go up as well, and if it is a huge hype then alts will go on even after bitcoin. But if we are talking about like 10%, then it will go up and down together.

MiF

sr. member

Activity: 1442

Merit: 258

Reward: 10M Shen (Approx. 5000 BNB) Bounty

When bitcoin rise above 60k$ or reach a new ATH maybe the altcoins will be having a big boom, i think we already experienced this before so there is no need to ask we know that most of the altcoins is a bitcoin dependent and if bitcoin fall down beyond our expectations we can also expect altcoins to also fall quickly no doubt about it.

molsewid

hero member

Activity: 2170

Merit: 530

Quote from: CapGelatik on April 17, 2022, 01:38:10 AM

Such criteria certainly exist in the top altcoins such as Ethereum and BNB,
those are the top two altcoins without a doubt and for long term investment it is a perfect fit,
but again, everyone has their own choice depending on preference

Definitely true it is very risky to assign your mindset for a long-term investment in a new altcoins because these kind of projects are only effective in a short term investment. I don't think so someone who have been successfully earning a good profit in a new altcoin project in a long-term investment way. I believe long-term investment only applies to the top altcoins which already have a good market standing, market price and reputation that an investor can be trusted for.

CapGelatik

full member

Activity: 1064

Merit: 100

Combo Network

Quote from: albon on April 16, 2022, 05:41:31 PM

Quote from: ScamViruS on April 16, 2022, 01:21:51 PM

Quote from: nimogsm on April 16, 2022, 01:08:41 PM

Every spring for many years I read about this season that never comes)The rules of the game are already changing and there will be no real bullrun soon.Investors generally prefer more proven assets than alternative ones.

When it comes to investing in the market, you have to think like an investor. You need to avoid wasting capital by investing in useless projects while waiting for the bull run. In the current market situation, solid projects are performing well enough. Those who have been able to invest in a proper project with a little research, they have been able to make a good profit. So now it is more profitable to look for a solid project than to wait for a bull run.

Achieving a good profit from new altcoins requires skill, patience, and discipline. It is better for our investments to be long-term and be in various carefully selected altcoins after we have done our research and collected the necessary information about the token project. We choose altcoins based on performance criteria, the volume of their trades, and their age in the market, so if we invest in promising altcoins, we will earn a lot of profits, because these altcoins will certainly be pumped one day.

Such criteria certainly exist in the top altcoins such as Ethereum and BNB,
those are the top two altcoins without a doubt and for long term investment it is a perfect fit,
but again, everyone has their own choice depending on preference

Topic: Are we going to see a new altcoin boom soon - page 4. (Read 1495 times)