Are we going to see a new altcoin boom soon - page 6.

Yamifoud

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Quote from: Tellek Garing on March 25, 2022, 02:45:38 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?

We've already passed half of the month since this post but look, we haven't yet seen a huge surge in the market particularly in the altcoins. It looks like we've not seen another Bullrun this quarter, I'd presume a change late this year before the end of 2022. But then, we're supposed not to expect it, we're actually glad to still see the market still at high despite the war and FUDs.

Well, for now...the best thing to do is accumulate more while the price is cheap.

tusdtCoin

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Dogecoin looked like a joke before Musk.

bestcoins1

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Quote from: fara_buduk on April 08, 2022, 04:56:56 PM

every moment of increase there will definitely be a saturation point which results in market correction because it cannot penetrate a strong vibonage line and this is something that exists in the market from this a trader must be able to read well so he can buy at the lowest price

Do you already know how to read it? if you already know it completely, then try to explain it in detail here because I'm sure traders will be very happy to read it at this time especially for those who have lost in their trades in the past.
Because researching and analyzing the market is something that has been done very often by all traders but in terms of guessing and choosing the right one sometimes it still misses estimates.

7788bitcoin

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Quote from: DoublerHunter on April 09, 2022, 05:47:02 PM

~
^ This makes sense because as we know the market will grow as together with BTC and altcoin will grow as BTC grow as well.
It is normal now that we saw altcoins will boom and we think not a genuine growth because that is a hype coin. But later on, it will drop the price after the hype was going. But if there is no hype, everything will depend on the BTC price movement and the market has an impact that all major altcoins will increase altogether. So far I did not see altcoins that have the potential to boom soon and even though NFTs cannot do anything at this moment.

When ever there is a rally in Bitcoin, usually the investors would dump the rest of the alts and enter Bitcoin to ride the rally and if the investors see that there is an opportunity in riding the rally, then they will dump all the alts and enter the Bitcoin market, we have seen that in the past and we will see that again. Yes we have institutional investors that invest in all the top coins and hence we are yet to see that difference yet in this rally.

DoublerHunter

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Quote from: jostorres on April 09, 2022, 03:23:06 PM

Quote from: molsewid on April 08, 2022, 03:15:26 AM

There's no doubt about it I mean I am pretty sure that bitcoin will going to pump again and if that happen I am pretty sure that altcoins will going to follow. But regarding about OP's concern if we were going to see a new altcoin boom soon all I can say is this one is unsure. The market is so volatile and unpredictable, like soon as the year 2022 comes we are eyeing the possibility of the soaring of metaverse projects, some manage to boom before the year 2021 ends, some new projects are still struggling, so who would know about it because I am also waiting for another speculations.

It's definitely not a sure thing, and I do agree that if we see a boom it will be together with bitcoin and not just altcoins. We need to realize that we should be focusing on something that would be a bit better than expected, not something huge but something that would be small time increase in the long run.
~snip~

^ This makes sense because as we know the market will grow as together with BTC and altcoin will grow as BTC grow as well.
It is normal now that we saw altcoins will boom and we think not a genuine growth because that is a hype coin. But later on, it will drop the price after the hype was going. But if there is no hype, everything will depend on the BTC price movement and the market has an impact that all major altcoins will increase altogether. So far I did not see altcoins that have the potential to boom soon and even though NFTs cannot do anything at this moment.

jostorres

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Quote from: molsewid on April 08, 2022, 03:15:26 AM

There's no doubt about it I mean I am pretty sure that bitcoin will going to pump again and if that happen I am pretty sure that altcoins will going to follow. But regarding about OP's concern if we were going to see a new altcoin boom soon all I can say is this one is unsure. The market is so volatile and unpredictable, like soon as the year 2022 comes we are eyeing the possibility of the soaring of metaverse projects, some manage to boom before the year 2021 ends, some new projects are still struggling, so who would know about it because I am also waiting for another speculations.

It's definitely not a sure thing, and I do agree that if we see a boom it will be together with bitcoin and not just altcoins. We need to realize that we should be focusing on something that would be a bit better than expected, not something huge but something that would be small time increase in the long run.

Hopefully it will be something that could be done via a good news as well because that would mean that there would be a basis for it. Like for example if Ukraine and Russia somehow put their differences aside and stop the war, then that somehow increase the price, that would be good. The increases that happens out of nowhere rarely makes sense.

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Quote from: ningrum on April 07, 2022, 12:35:09 AM

Quote from: Xxmodded on April 06, 2022, 11:31:47 PM

Today is bad for cryptocurrency after bitcoin crash from $47,000 until $43,000 and several altcoin price drop drastically, I don't see have good expectation on this month to see bitcoin back to higher price above $50,000 until $60,000 and looking several altcoin can make new all time high again. Maybe with war invasion have bad thing with bitcoin and altcoin can't stable on higher price although have many countries and community try to against with Bitcoin and altcoin how to make price keep down.

We also don't know to what extent Bitcoin will fall because market conditions are really difficult to predict,
some time ago Bitcoin had experienced a good trend and made some of us optimistic about it but now Bitcoin is starting to fall again,
it seems that this war really has an impact on cryptocurrencies and the important thing is to keep abreast of market developments

The market is high volatile in recent time though we had few good and positive news .We don't tell its a bearish moments so early its really going through ups and downs .However we were at the point of if altcoins could go bullish or it will survive on next .I think the moving of altcoins and cryptocurrencies mostly depend on bitcoin .We have seen a always good uptrend after btc getting a good trend .So the market is really on a tough situation to predict now at the moment .We need few more time to confirm about a strong trend of the market .Lets see how crypto and altcoins behave with us .

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Quote from: $crypto$ on April 08, 2022, 02:09:09 PM

bitcoin will definitely hit its highest price again I think it will be in the current year but for sure I don't know if it will hit ATH or not, at least I'm feeling good when bitcoin is over $50k, shadows at that price will start in new market atmosphere and more investors believe in bitcoin again.
The altcoin explosion is hard to predict but the best moment is indeed in 2021 if this happens again then I think people who hold a lot of altcoins will feel a lot of joy because they have achieved what they want.

If we look back, we thought 2017 was the last bull market that we will see but we are wrong because few years later the bull came back to us. I believe the same thing can happen again after some year. It's normal to feel good when you see that prices are recovering but you shouldn't limit your happiness with that alone. Much better if you also practice how to stay calm and be positive when the price is not feeling well.

If all people will just think that way, the price won't stay the same for a long time because people will keep on buying and ignoring the fact that the price could go down more. Alts explosion is not hard to predict but you can use btc as a guide.

Tellek Garing

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Quote from: chikading2016 on April 07, 2022, 11:16:13 PM

Quote from: Tellek Garing on March 25, 2022, 02:45:38 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?

I am sure that if bitcoin price will climb up to 50k$ above the altcoin price will also having a trend, because Bitcoin is always dominating the market, it happens everytime and most of us experience this last year 2021 bitcoin reach up to 60k$ that time and we saw a huge pump of some altcoins.

The altcoin market has always followed the Bitcoin trend in most cases but that could change on an exceptional basis time it goes in the opposite direction while Bitcoin increases altcoin may be decreasing and in some other case is when the altcoin market alone increase just like what we a seeing presently some altcoins are rising in price will Bitcoin remain at 42,000 level.

DanWalker

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Quote from: Xxmodded on April 06, 2022, 11:31:47 PM

Today is bad for cryptocurrency after bitcoin crash from $47,000 until $43,000 and several altcoin price drop drastically, I don't see have good expectation on this month to see bitcoin back to higher price above $50,000 until $60,000 and looking several altcoin can make new all time high again. Maybe with war invasion have bad thing with bitcoin and altcoin can't stable on higher price although have many countries and community try to against with Bitcoin and altcoin how to make price keep down.

I don't see anything bad here, bitcoin has dropped from 68k ATH to 40k and there hasn't been any effect from the war. Don't blame the war. Simply because it has gone up so much and it will have to go down, this is how the market has performed over the years. Looking at the cycle of bitcoin, many have predicted that 2022 will be a bearish year and should not expect a breakout this year. In the bearish year a slight bounce in bitcoin is normal and I think we are in a phase of a slight recovery and then further bearish continuation.

fara_buduk

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Quote from: barbara44 on April 08, 2022, 04:31:00 PM

Quote from: ningrum on April 07, 2022, 12:35:09 AM

We also don't know to what extent Bitcoin will fall because market conditions are really difficult to predict,
some time ago Bitcoin had experienced a good trend and made some of us optimistic about it but now Bitcoin is starting to fall again,
it seems that this war really has an impact on cryptocurrencies and the important thing is to keep abreast of market developments

I would guess that correction is bound to happen whenever bitcoin stops going up. People who wait for it to top for the current period, end up selling when it fails to go up for a few days in a row. That is exactly what happened this time around as well, we ended up dealing with something that is a bit of a problem and I get that, it is really alright if you want to sell at the top because they know that there is a good case it could go down again and we would buy from there.

I am not saying that it would be a lot lower, but at the very least a bit lower and they will buy from that level again. This is what we are seeing, no idea how low it will get, but it is a temporary thing for sure and not a bear run.

every moment of increase there will definitely be a saturation point which results in market correction because it cannot penetrate a strong vibonage line and this is something that exists in the market from this a trader must be able to read well so he can buy at the lowest price

barbara44

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Quote from: ningrum on April 07, 2022, 12:35:09 AM

We also don't know to what extent Bitcoin will fall because market conditions are really difficult to predict,
some time ago Bitcoin had experienced a good trend and made some of us optimistic about it but now Bitcoin is starting to fall again,
it seems that this war really has an impact on cryptocurrencies and the important thing is to keep abreast of market developments

I would guess that correction is bound to happen whenever bitcoin stops going up. People who wait for it to top for the current period, end up selling when it fails to go up for a few days in a row. That is exactly what happened this time around as well, we ended up dealing with something that is a bit of a problem and I get that, it is really alright if you want to sell at the top because they know that there is a good case it could go down again and we would buy from there.

I am not saying that it would be a lot lower, but at the very least a bit lower and they will buy from that level again. This is what we are seeing, no idea how low it will get, but it is a temporary thing for sure and not a bear run.

$crypto$

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Quote from: molsewid on April 08, 2022, 03:15:26 AM

Quote from: chikading2016 on April 07, 2022, 11:16:13 PM

I am sure that if bitcoin price will climb up to 50k$ above the altcoin price will also having a trend, because Bitcoin is always dominating the market, it happens everytime and most of us experience this last year 2021 bitcoin reach up to 60k$ that time and we saw a huge pump of some altcoins.

There's no doubt about it I mean I am pretty sure that bitcoin will going to pump again and if that happen I am pretty sure that altcoins will going to follow. But regarding about OP's concern if we were going to see a new altcoin boom soon all I can say is this one is unsure. The market is so volatile and unpredictable, like soon as the year 2022 comes we are eyeing the possibility of the soaring of metaverse projects, some manage to boom before the year 2021 ends, some new projects are still struggling, so who would know about it because I am also waiting for another speculations.

Well bitcoin will definitely hit its highest price again I think it will be in the current year but for sure I don't know if it will hit ATH or not, at least I'm feeling good when bitcoin is over $50k, shadows at that price will start in new market atmosphere and more investors believe in bitcoin again.
The altcoin explosion is hard to predict but the best moment is indeed in 2021 if this happens again then I think people who hold a lot of altcoins will feel a lot of joy because they have achieved what they want.

molsewid

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Quote from: chikading2016 on April 07, 2022, 11:16:13 PM

I am sure that if bitcoin price will climb up to 50k$ above the altcoin price will also having a trend, because Bitcoin is always dominating the market, it happens everytime and most of us experience this last year 2021 bitcoin reach up to 60k$ that time and we saw a huge pump of some altcoins.

There's no doubt about it I mean I am pretty sure that bitcoin will going to pump again and if that happen I am pretty sure that altcoins will going to follow. But regarding about OP's concern if we were going to see a new altcoin boom soon all I can say is this one is unsure. The market is so volatile and unpredictable, like soon as the year 2022 comes we are eyeing the possibility of the soaring of metaverse projects, some manage to boom before the year 2021 ends, some new projects are still struggling, so who would know about it because I am also waiting for another speculations.

chikading2016

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Quote from: Tellek Garing on March 25, 2022, 02:45:38 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?

I am sure that if bitcoin price will climb up to 50k$ above the altcoin price will also having a trend, because Bitcoin is always dominating the market, it happens everytime and most of us experience this last year 2021 bitcoin reach up to 60k$ that time and we saw a huge pump of some altcoins.

wiss19

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Altcoin boom doesn't 100% have to be related to bitcoin going down. People keep thinking that when bitcoin stops going up, and starts going down, it is time for altcoins to go up as well. Reality is that when bitcoin goes up, altcoins go up when bitcoin goes down, altcoins go down. That is usually what happens, sure the alt season happens a bit after btc reaches its ATH so that alts could reach their ATH as well.

At the same time, it is not really a period where we reached ATH did we? Which means that we are not there yet, it is more like all together move where it is all up or it's all down and not individually moving around. Movements are connected very heavily.

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Quote from: Xxmodded on April 06, 2022, 11:31:47 PM

Today is bad for cryptocurrency after bitcoin crash from $47,000 until $43,000 and several altcoin price drop drastically, I don't see have good expectation on this month to see bitcoin back to higher price above $50,000 until $60,000 and looking several altcoin can make new all time high again. Maybe with war invasion have bad thing with bitcoin and altcoin can't stable on higher price although have many countries and community try to against with Bitcoin and altcoin how to make price keep down.

We also don't know to what extent Bitcoin will fall because market conditions are really difficult to predict,
some time ago Bitcoin had experienced a good trend and made some of us optimistic about it but now Bitcoin is starting to fall again,
it seems that this war really has an impact on cryptocurrencies and the important thing is to keep abreast of market developments

Xxmodded

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Today is bad for cryptocurrency after bitcoin crash from $47,000 until $43,000 and several altcoin price drop drastically, I don't see have good expectation on this month to see bitcoin back to higher price above $50,000 until $60,000 and looking several altcoin can make new all time high again. Maybe with war invasion have bad thing with bitcoin and altcoin can't stable on higher price although have many countries and community try to against with Bitcoin and altcoin how to make price keep down.

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Quote from: Fredomago on April 05, 2022, 12:58:03 PM

I see your point and I fully understand, there's no competition indeed bitcoin will remain as a king but likewise, there are many alternative coins to choose to add to your basket and wait till the market rise back and bring that huge pump that will let us enjoy harvesting the profits that we desire. The market for alternative coins is wide.

It's more about doing your own research and analysis in order to pick the right one and enjoy your investing / trading participation.

Your money, your obligation to deal with studying the potentials of your chosen coin/s to invest your money.

I would call bitcoin a safe and low-risk investment. It may not be growing as fast as it used to, but it is a sure thing. Many altcoins also have good properties for investing, but do they have good properties for long-term investing?

I have repeatedly read on the forum the thought that bitcoin is better for long term investments and altcoins for medium to short term investments. I like this approach and support it. Altcoins go up very fast, but they go down just as fast. You can make a lot more profit on altcoins if you constantly monitor the market situation.

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Quote from: btc78 on April 05, 2022, 02:53:19 AM

https://coinmarketcap.com/currencies/solana/ 19% increase in the last 7 days? i don't think this is enough to be called as super high , that is just a 2 digit increase.

but of course that can be a good choice than Bitcoin as this position i really in low position now comparable to SOL and NEAR PROTOCOL .

People do get hyped about their coins going up. If you are holding SOL, then seeing a ~20% increase is something magnificent for you and definitely something you would love to see and you would think that it is a super high increase. If you do not hold any SOl, then you will see it and think that it is something normal because lets be honest 20% in a week is not a big deal in the crypto world.

This is why I believe that objectivity in crypto only happens if you do not own any of the coin you are talking about. If you own that coin then you suddenly lose your credibility and you do not have that much of a profit involved so you can tell what you should.

Topic: Are we going to see a new altcoin boom soon - page 6. (Read 1464 times)