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Topic: Bull in Altcoins Sector (Read 276 times)

sr. member
Activity: 1442
Merit: 390
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May 07, 2024, 12:04:26 AM
#39
While altcoins market has shown some recovery over the past week but I think is premature that altcoins market is in uptrend. The improvement in prices can be attributed to the price recovery in Bitcoin market after its fall to the extent of $54K during the period of FOMC meeting. Bitcoin is currently trading around $63,600 which is more or less indicating sideways trading. Bitcoin should stay around this level for few days, leading to decline in Bitcoin dominance index, only then we can expect sustained recovery in alts market. DYOR
Totally agree with you, I feel like altcoin season is still a thing and it's a bit weird that we forget it happens after the bitcoin bull market, whatever pump is happening now is probably not that significant compared to what's about to happen when the altcoin season happens. Totally agree with the DYOR part and I think that people should do this more often instead of relying on what other traders are saying, DYOR is difficult at first but the moment that you get the gist and flow of it, it's not going to be that difficult anymore and you'd be surprised at the stuff that you're going to see and bad altcoins that you would've otherwise invested into if you weren't doing your research.
sr. member
Activity: 420
Merit: 263
Eloncoin.org - Mars, here we come!
May 06, 2024, 07:53:45 PM
#38
Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.
i think not far from now altcoins will rise up,look at btc price it is in bull season and anytime of the day some of the altcoins will also rise because it always follow the bitcoin trend, some top altcoins are now slowly rising example is the bnb and ethereum,so we can expect the altcoin season maybe this third to fourth quarter of the year.

The current increase in the price of Bitcoin is temporary as it is again due to ETF. The bull run that everyone has been waiting past halving has not yet started. When it starts we will be again seeing an overall increase in the price of altcoins as they follow the path of Bitcoin. As of now whatever rise we are noticing is temporary and another price correction is on the way.
MiF
sr. member
Activity: 1344
Merit: 258
May 06, 2024, 07:34:12 PM
#37
Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.
i think not far from now altcoins will rise up,look at btc price it is in bull season and anytime of the day some of the altcoins will also rise because it always follow the bitcoin trend, some top altcoins are now slowly rising example is the bnb and ethereum,so we can expect the altcoin season maybe this third to fourth quarter of the year.
hero member
Activity: 700
Merit: 577
Eloncoin.org - Mars, here we come!
May 06, 2024, 03:59:11 PM
#36
Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.
It seems the table already turned these days. As you can see when Bitcoin created a new all-time high recently, top altcoins like Ethereum were still having difficulty reaching or creat new all-time high, could be because we already lot of altcoins and the volume or demand already divert to other altcoins?

Yeah the expectation of many people that invested to see the high price from altcoins were turned down because many were expected that as before the halving bitcoin was rising to the All Time High and the top 3 or there about coins were also doing well so when the price came down a bit many people bought it and thinking that when bitcoin rise again the altcoins will also follow the trend but when finally bitcoin rise up again, coins like Ethereum nd Solana which was the mind of the investors to rise up were not going up again and instead they were coming down with congested network.

And that made investors avoid investing and using them at that time. And right now we don't know the bull time of the altcoins and the All Time High because they are not following the movement with bitcoin.
legendary
Activity: 2688
Merit: 1208
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May 06, 2024, 02:36:31 PM
#35
Altcoins pumped to in march but then dump in April. I saw many good altcoins dumped. But when bull season start, they'll obviously raise up from their position.
I don't know how long you've been in this industry (I meant before registering here in 2018) but I can tell you that what happened in the period you pointed to was just a spike, not in anyway a pump. Wait for the pump once Bitcoin market dominance drops and then you will experience what it's for alts to pump. It's always a crazy movement where unbelievable Xs are done. As for now, it's far from being alts season. Bitcoin still has half of the general market cap.
copper member
Activity: 1260
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May 06, 2024, 12:19:40 PM
#34
While altcoins market has shown some recovery over the past week but I think is premature that altcoins market is in uptrend. The improvement in prices can be attributed to the price recovery in Bitcoin market after its fall to the extent of $54K during the period of FOMC meeting. Bitcoin is currently trading around $63,600 which is more or less indicating sideways trading. Bitcoin should stay around this level for few days, leading to decline in Bitcoin dominance index, only then we can expect sustained recovery in alts market. DYOR
full member
Activity: 266
Merit: 140
May 06, 2024, 10:03:15 AM
#33
But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.

The success of an altcoin doesn't just depends on the bull market bro, perhaps it's not all altcoins that usually pumps during bull run. If an altcoin must be successful the CEO of the project have to promote their coins too before it can use the advantage of Bitcoin bull Run to pump. Don't expect every altcoin to pump this season because it will not happen.
Honestly but not all people's understand that they only their only anticipation that once bull run come all the altcoin will fellow up pump. And the way some altcoin are misbehaving this day whe Bitcoin is dumping down the all altcoin will also be dumped, but when the Bitcoin is try to dou well which pump up instead of the those altcoin to fellow they won't they will only remain without pump up. That's is why id adviceble for a person to look into the type of coins he wants to buy in altcoin sector so that when the bull run arrived you won't be lose any of the coins you actually purchased.

I didn't even sure welther the Bitcoin can do well this season with the way is just be flotrating it as not stable before the Bitcoin has reach all the time high which everyone was expecting that it cannot dump down again, but up to now it has never get standard.
legendary
Activity: 2282
Merit: 1344
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May 05, 2024, 09:20:57 PM
#32
Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.
It seems the table already turned these days. As you can see when Bitcoin created a new all-time high recently, top altcoins like Ethereum were still having difficulty reaching or creat new all-time high, could be because we already lot of altcoins and the volume or demand already divert to other altcoins?
hero member
Activity: 2884
Merit: 620
May 05, 2024, 06:45:21 PM
#31
Everyone is waiting for bull season but nobody knows when it will be happened but we are just keep waiting. And recently Btc got so expensive and some altcoins also got expensive with Bitcoin but not all altcoins are flying. Altcoins pumped to in march but then dump in April. I saw many good altcoins dumped. But when bull season start, they'll obviously raise up from their position. Although bull season is unknown but atleast we can get prepared and purchase some good altcoins for bull season
It is unknown when to actually happen but we have some idea when it's going to start. And as long as the halving of Bitcoin is done, we know that we're near to the bull run.

The matter of what a crypto folk needs to do is to be patient this time. Those who are impatient, can't wait any longer and that's what they keep on looking for, profits.

But as they take profits, they are not ready to take it when their coins move to the top but instead, they're waiting again because of their greediness.
full member
Activity: 709
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May 05, 2024, 06:33:17 PM
#30
Everyone is waiting for bull season but nobody knows when it will be happened but we are just keep waiting. And recently Btc got so expensive and some altcoins also got expensive with Bitcoin but not all altcoins are flying. Altcoins pumped to in march but then dump in April. I saw many good altcoins dumped. But when bull season start, they'll obviously raise up from their position. Although bull season is unknown but atleast we can get prepared and purchase some good altcoins for bull season
member
Activity: 490
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Eloncoin.org - Mars, here we come!
April 23, 2024, 06:09:18 PM
#29
      This bull run that we are facing now, while the other altcoins are still in the retracement period, does not mean that the other cryptocurrencies only depend on the bull season for them to succeed. It's not right if this is our basis, isn't it? Because the real success of a cryptocurrency is that the huge community of traders stays here for years, this is just my opinion.

     Of course, when there are only a few traders of a crypto, that means that asset is no longer good enough to buy more. Then there are other cryptos that are successful even in the bear market season, which only means that it is proof that there is a good roadmap and development happening in that coin, so that's just like the TAO token example.
full member
Activity: 1498
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April 23, 2024, 05:04:46 PM
#28
Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.
So far, only a few altcoins have experienced growth after the Bitcoin ETF took place. However, this does not mean that the bull run in the altcoin sector does not exist. In the future, there will probably be a time when altcoins experience a very significant bullrun. Because of that, we have to be careful and check our tops, even though there are some things that are a few things. Because of this, their altcoin sesaon bulrun does not take place all at once.
hero member
Activity: 2968
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April 23, 2024, 04:14:09 PM
#27
Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.
Everyone and everything is waiting for the actual bull run, we may have in some phases of it already but then, there's more to go for this. The effect of Bitcoin's halving have been seen already but we don't like the first effect of it, the fees. What's next? the altcoins season? we don't know, we have to be patient with that because no one knows how long we have to wait for it until it comes.
sr. member
Activity: 1386
Merit: 326
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April 23, 2024, 12:50:28 PM
#26
Absolutely, the price of altcoin may pump during its launching but it will not sustain in the long run if not supported by strong fundamentals and real life use case. Bitcoin halving event is done now and crypto community is eagerly looking forward to see when new all time high (ATH) will be made. While major projects in altcoins space will definitely perform well in the next anticipated bull cycle but as you said, not every alt coin will follow the same trajectory.

Yes for it we have to immediately sell the new coins when we see the pump because the new coins do not possess the same potential as that of old and profitable coins. Halving will allow all the coins to show the pump but it will take some time because the bitcoin price has reduced a lot and it cannot recover in just a single day.

Everyone is waiting to see the huge pump as a result of which they will see every coin to go ahead and grow more but some will not trust about its success because they believe that halving will have sudden and immediate effects which are not true thoughts.
full member
Activity: 2366
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April 22, 2024, 12:36:25 AM
#25
Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.
you can think anything you wanted but the issue is that Bitcoin will still do what the market can be,
meaning without bitcoin going top altcoin will also stagnant in their levels so lets see and wait bitcoin first.
and altcoins are mostly having their time once the bull comes but the question now is when this will happen?
and also don't expect all altcoins to have this and that but only few of them that will be in a matter now.
hero member
Activity: 2744
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Burpaaa
April 21, 2024, 11:09:08 AM
#24
Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.

There’s a lot of new project being created that shares in the crypto marketcap. This is the reason why some altcoins don’t pump huge like top altcoins. You can also notice that even top altcoin can’t beat their previous ATH because of there’s already a lot of new project shares with the liquidity on crypto.

The only way to pump all the altcoins is to increase the fresh money entering in crypto market while slow down on creating new crypto project. But this will not happened since Venture Capital and even top crypto project usually invest on new projects using their project funds that makes the top project growth have a cap.

full member
Activity: 727
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April 21, 2024, 09:58:41 AM
#23
Things are about to goes up as you described. Bull hasn't come yet but look at the market! Btc halving is done recently and now market getting pump. Many altcoins that are holding in my wallet, are going up. But still these aren't that much pump as they should be. So i think this is a chance to buy good altcoins what are in your wishlist cause crypto market isn't going to down easily, rather there is a chance that altcoins become more expensive in months later. So take your decision
member
Activity: 210
Merit: 39
April 21, 2024, 03:27:24 AM
#22
While Bitcoin has moved up, Altcoins haven't moved up much. If you look at the top alt coins like Ethereum, BNB, Solana the prices have increased but they are far away from their past values. As Solana coin has pumped a lot this year which was above $200, although Solana did not reach its peak price. As we saw in the past altcoin season, many altcoins were at their highest prices. However, I think it may take some time for the alt season to start but now is the right time to invest. Buying altcoins will become very expensive once the coins enter a bull market.
hero member
Activity: 1190
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April 21, 2024, 02:28:45 AM
#21
Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.

In crypto there isn't any real resistance level as it can grow infinitely logically. Matic pumped from 0.015$ to above 2$ so early users must have thought that it was already expensive when matic hit a few cents but it pumped beyond that. If you look at a bigger timeframe project like link, matic, dot Dot, it is not that expensive. The utilities and value it brings can pump it higher than it is right now. Once bulls hit the market these projects can unleash the real value they can bring to the market.
newbie
Activity: 42
Merit: 0
April 20, 2024, 09:53:55 PM
#20
Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.
You're spot on! The approval of Bitcoin ETFs has indeed boosted both Bitcoin and altcoins. While top altcoins have become pricier, many others are still undervalued. A full-blown bull run in the altcoin sector could be what's needed to see these undervalued coins reach new heights. It's an exciting time for crypto!
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