Topic: bullish 2024 ! - page 2. (Read 1295 times)
In my opinion, we are currently in bullish momentum, especially since the next halving is getting closer. However, I think the large number of new projects emerging has nothing to do with bullishness. I consider phenomena like this to be normal and will always happen.
The emergence of new projects does not indicate whether we are in the bullish market or in the bearish market thought it can be argued that most big projects are listed during the bullrun to keep their momentum going Almostt all of them never launch when market is in a very bearish situation.
To me I rather think that the bullish move is what brings about the creation of new projects. Most times projects like to list when the market is good so the value of their token doesn’t go down with the bear run. But for them to be listing now, it’s smelling bullish already and they know that their token will likely appreciate since the bull run feels like it’s only getting started. Not just what I think, some projects actually think this way and I can say that it is valid.
The developers of new altcoins know very well what they are doing, so if they have the pick to release their coin when the bear market is on or do so when the bull market is at its early stages then it is clear they will pick the latter over the former, even if they have to delay the release of their project for longer than a year.So I would expect that we are about to see the release of thousands of coins that were on the sidelines, but if anything this will make it harder for any of those coins to garner the attention they want, as it is difficult to pull yourself apart with so many projects being released at the same time.
Not necessarily thousands of coins. Project owners are gradually releasing their projects already; they don’t have to wait until Bitcoin reaches a new ATH. All they need is to at least see the potential for it to be in a bullish run. Just like building your house on a really wet ground or wait till it hardens. And yes, the rate at which new altcoins are being created indeed causes distraction even for the ones that are already in existence. I am left to imagine how the best altcoins will look if the scam and shit tokens never existed.
Currently Market Bullish but now in recovery mode. I think the market will go down again a bit. Better times will come later.
Currently many new projects with large funding raised are listed and it can be said that they are big projects because after listing some of them entered the top 50 of CMC. examples include APTOS ARBITRUM and SUI.
I mean, does the emergence of many new projects like this indicate that bullish is getting closer? What do you think ?
I mean, does the emergence of many new projects like this indicate that bullish is getting closer? What do you think ?
I don't think so, there are actually several projects that was listed before which sits at the top 50 in CMC, but it doesn't have any connections with the market sentiments.
The only reliable indicator of bullishness and bearishness of the market are the 50 and 200 day moving averages, the volume of trades, and even the chart patterns. Clearly you can tell what the market trends we're currently in by just checking on this market indicators. Looking up on these new projects is a difficult indicator.
To me I rather think that the bullish move is what brings about the creation of new projects. Most times projects like to list when the market is good so the value of their token doesn’t go down with the bear run. But for them to be listing now, it’s smelling bullish already and they know that their token will likely appreciate since the bull run feels like it’s only getting started. Not just what I think, some projects actually think this way and I can say that it is valid.
The developers of new altcoins know very well what they are doing, so if they have the pick to release their coin when the bear market is on or do so when the bull market is at its early stages then it is clear they will pick the latter over the former, even if they have to delay the release of their project for longer than a year.So I would expect that we are about to see the release of thousands of coins that were on the sidelines, but if anything this will make it harder for any of those coins to garner the attention they want, as it is difficult to pull yourself apart with so many projects being released at the same time.
In fact, this year is very exciting because everyone is hopeful that the bull market will come in 2024. But how much are you preparing? Now you wonder if it is close to a bear market. In the meantime I've been stockpiling bags full of altcoins and considering this as preparation for a really bullish market. Many of the best altcoins are now at low prices so you can take advantage of this opportunity to buy good altcoins..
Currently many new projects with large funding raised are listed and it can be said that they are big projects because after listing some of them entered the top 50 of CMC. examples include APTOS ARBITRUM and SUI.
I mean, does the emergence of many new projects like this indicate that bullish is getting closer? What do you think ?
I mean, does the emergence of many new projects like this indicate that bullish is getting closer? What do you think ?
The past has always shows that project with large funding does pump during bull run but the once that remain solid after the pump are the ones that doesn't become flat. We have had projects like internet Project, they had more than $200m raise from different investors but what happened after that, the coin had a massive pump we have ever seen but later, it dump because all tokens were unlocked when the mainnet wasn't launch yet. This is to tell you that raising massive amount of money doesn't guarantee the long term growth of a project.
Aptos, Arbirtrum and Sui were launched during the bear market and I must say that they have survived the critism beautifully, they will have a fantabulous growth but you have to be patient because whales are now careful of how they approach project and pump them, they don't want venture capitals who is usually have big allocations or some random person to always dump on their sweat. It's a good buy if you can buy and hold them for long term.
In 2024 it will be a halving of Bitcoin so that is why many people are waiting for the raise of the market and bullish 2024 
What if the real bullishness comes in 2025? And Institutions will use this year to trap traders 
Bullishness does not necessarily occur with the emergence of new projects, but bullishness occurs when Bitcoin's movement continues to increase and also occurs with the halving.
The emergence of new projects often occurs when market prices start to rise, I am sure bullishness will occur when the altcoin season and bear market return this year.
The emergence of new projects often occurs when market prices start to rise, I am sure bullishness will occur when the altcoin season and bear market return this year.
To me I rather think that the bullish move is what brings about the creation of new projects. Most times projects like to list when the market is good so the value of their token doesn’t go down with the bear run. But for them to be listing now, it’s smelling bullish already and they know that their token will likely appreciate since the bull run feels like it’s only getting started. Not just what I think, some projects actually think this way and I can say that it is valid.
In 2024 it will be a halving of Bitcoin so that is why many people are waiting for the raise of the market and bullish 2024
Currently many new projects with large funding raised are listed and it can be said that they are big projects because after listing some of them entered the top 50 of CMC. examples include APTOS ARBITRUM and SUI.
I mean, does the emergence of many new projects like this indicate that bullish is getting closer? What do you think ?
I'am interested like Arbitrum because I much more participate in airdrop, for Aptos and Sui, I don't follow it enough.Some source I read, Arbitrum for example it more advanced technology, high scalability, or other innovations in altcoins that use their network. I mean, does the emergence of many new projects like this indicate that bullish is getting closer? What do you think ?
But, for gas, I think it's high for me to send token or swap. I think, this not a bull market indicator. for this reason, it's because crypto market is complex and influenced by many things like issue, like regulations, fud, technological developments, to market participants sentiments. So, it could be that the bullish issue appears only temporarily. But for this to be a sign of a real and lasting bull market, it takes more than just registering new projects. I think so
Apart from the altcoins you mentioned, there are still many new altcoins that have recently been listed and become a new hype such as TIA ZETA DYM and JUP. and I'm sure big projects like zksync layer zero starknet and second live will soon be listed this year. This phenomenon is similar to the phenomenon before the bullish 2017 and 2021, namely that many new projects were listed and then became hype.
There are many trash projects that are been launched in this period too, do not let your guide down, you can't start investing your hard earned money in any new project just because their timing smells bull market, even the scam projects are always well funded at times, example is SathoshiVM.
Use your brain, don't be a victim.
Those that are only looking at the hype are in for a rude awakening, it is true that bitcoin will most likely go up in price during the next months, and a few new and established altcoins will go through a similar process.Use your brain, don't be a victim.
But just as investors are aware of this, scammers also know this information, so you can be sure that a great deal of scammers will release a bunch of coins, hoping that at least one of them can capture the attention of enough people, and they can scam investors for everything they are worth before they even realize what happened.
Yes, I agree and it might be true, because some of the projects listed, such as Celestia Arbitrum, Sui, have been in development for a long time, so I think they released it now, based on their calculations.
I still remember and it reminds me of when I was tempted in the hype and fomo. We must be wise about every opportunity that occurs in the market. Whatever type of coins and tokens we want to invest in because of all the references to BTC, if BTC rises dominantly it will be good and if BTC corrects others will also almost dominantly follow suit. In fact, BTC is the purest to invest in.
Just look at the market, how Bitcoin began to move, up and only, and this is just the beginning, expectations for 2024 are only positive. Yes, don’t forget about the correction, these are always excellent points to enter the market, now in the wave of hype you can make some mistakes, it’s time to start trading cryptocurrency.
Currently many new projects with large funding raised are listed and it can be said that they are big projects because after listing some of them entered the top 50 of CMC. examples include APTOS ARBITRUM and SUI.
I mean, does the emergence of many new projects like this indicate that bullish is getting closer? What do you think ?
We are getting into the bull market, no doubt about it. Because we are getting 8nro the bul market is not a guarantee that you can invest in any new project and make profit. We shouldn't be carried away and think any project can be invested and profit will still be made. Even as we are entering into the bull market it is important to go for coin that are reliable and not the ones you are not sure about thinking it can bring you profit. I mean, does the emergence of many new projects like this indicate that bullish is getting closer? What do you think ?
We are only in bullish momentum but it is not fully confirmed yet. Because bitcoin is trying to recover from its bottom. But you can see how altcoins are still trying to regain their dominance. However we should be careful in buying altcoins at this moment because the process of pumping hard can go on very quickly. Now the more the demand in the market increases, the more likely it is to pump, so we should before bitcoin goes to the moon.
Where is bitcoins bottom actually? I think you are not following the market seriously because bitcoin just broke its heavy resistance at 45k and has already touched 47k which should give it more momentum which can lead to a new ATH. Also ETH ETF approval rumors and its ducan upgrade made it more bullish than bitcoin in the market. Even if bitcoin keeps moving sideways for a few more months, ETH will make at least 2x from here due to the potential ETF approval news.
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