Does Altcoin season started again? - page 2.

kak uli

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Quote from: xizhnyak on July 27, 2021, 12:05:28 AM

Hello there,

What do you think about the altcoin season in summer and autumn?

There are a lot of factors telling us that BTC will grow much higher according to the fresh news:

Amazon,
Google,
Facebook
Tesla.

And a lot of other positive news for crypto.

Nevertheless this market is so speculative and unpredictable!

maybe you could give me your piece of advice and share your opinion about a situation on the market?

I think for now it has begun to appear that some altcoins are providing the best prices on the market, including btt, aurora and many other altcoins that are starting to move to their best prices.

lenovop-70

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If Bitcoin price change around twenty percent or greater, followed by at least 90 days during which the price does not return to its level before the change, i assume the alts season has start.
That formula to predict alt season i found from someone write in the coindesk, and i think its work as my data said so.

BobK71

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Revolutionary change in crypto will come soon. Which so far people could not even imagine. If Facebook, Google, Amazon and some other companies come, then Crypto's position will definitely be on top of all the trading platforms in the world. Currently the price of BTC is rising and the altcoins are starting to bull run.

vabchgent

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Quote from: Sithara007 on August 10, 2021, 10:50:07 PM

Quote from: vabchgent on August 10, 2021, 04:48:25 PM

Despite the bad news about the infrastructure bill and all the uncertainty that is circulating for cryptocurrencies, the market holds incredibly strong and even makes gains. This alone is good news enough to cover the bad news that popped up in a lot of outlets and online media. Everyone expected a harder crash also with the hack of Polygon, which was massive, but no, coins are performing well.

Now the market knows how to react when a rumor surfaces regarding the government actions. Also, hacking of wallets happen every now and then, and what happened to Polygon was not unique. If they can't keep their coins secure, then it is their problem. Ideally such hacks should not have a major impact on the exchange rates of other coins. And there is one correction to your post. The victims were Poly Network, and they are different from Polygon (MATIC). Poly network is a Cross-Chain DeFi platform.

Thanks for the correction, noted!!

Anyway, yes sometimes it does have influence because there might be a huge backlash from stolen cryptocurrency. For example if they steal a billion dollar worth of Bitcoin, there is a good chance the might convert it to Monero and dump it. Or any other coin that is likely to be converted. I know it is not like the whole market should suffer, but it can definitely have an impact on other coins as well if hacks are of a certain magnitude.

South Park

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Quote from: lalabotax on August 07, 2021, 06:31:19 PM

Quote from: xizhnyak on July 27, 2021, 12:05:28 AM

Amazon,

Amazon is not part of these because it has been clarified clearly that they don't accept yet Bitcoin and the issue is false.

And about altcoin bullish seasons, I am not really sure, but in fact yes we can see many altcoins are pumping. However, the most are the NFT games altcoins and also Ethereum. While other altcoins, they are still not able to reach the previous rate before they fallen,

That was just a rumor and like most of the stuff that you can find social media it was completely false, however this means that the reason why the market of cryptocurrencies is going up has nothing to do with external factors and everything to do with internal factors, I really think that the reason this is happening is simply because the bears and the bulls were in a battle to see who was going to take control of this market and the bears simply did not had the money to keep pushing the price down eventually losing the battle to the bulls.

DonFacundo

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Yes the market is unpredictable but seeing now this market seems the altcoin season is getting started because most of the altcoins increasing almost 50% so the market shows a good sign, I already gained profit with my altcoins now. I don't think if this is the right time for you to buy altcoins but if your goal is to hold for long term then I guess you can buy altcoins now.

kkaroul4

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It's a cycle, ups and downs that's what happen to the market right now I'm not quite sure where are we right now but I think we just left of at the top (ATH) of the altcoins especially with the Ethereum, let's now just wait a little bit so we would be able to know what strategy we can use to earn from the current market situation.

Cameron1Love

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Its all by movement of BTC, if btc goes up many of alt coins also goes up and following on the wave on bitcoin. But the solid alt coins doesn't follow its moving by itself and pumping because of their development and progress for the long term run. Just my opinion thanks!

ZAINmalik75

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Yeh I think altseason is start at the moment. Because many alt pump 20 to 30% which is really good and I think its a best time to follow Technical Analysis. I observe iotx coins which is pump about 110% sushi pump about 20% & the other alts also pump little bit so stay tune more and big pump are upcoming

Gayong88

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Seeing that the market condition is now predominantly green and for Altcoin season has started but still very volatile and vulnerable to corrections, although small and not as severe as a few weeks ago, the situation changed in an instant. Financial management and stop loss in trading is one of the little things, that has its own meaning to minimize losses.

ttcsalam

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Quote from: xizhnyak on July 27, 2021, 12:05:28 AM

Hello there,

What do you think about the altcoin season in summer and autumn?

There are a lot of factors telling us that BTC will grow much higher according to the fresh news:

Amazon,
Google,
Facebook
Tesla.

And a lot of other positive news for crypto.

Nevertheless, this market is so speculative and unpredictable!

maybe you could give me your piece of advice and share your opinion about a situation on the market?

Yes after a long time we are seeing the market is going good day bay day so who has invest on past time just I will tell plz wait for someday I am sure market will go very good situation as soon as possible.

Pelana vreo

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Quote from: xizhnyak on July 27, 2021, 12:05:28 AM

-snip-
maybe you could give me your piece of advice and share your opinion about a situation on the market?

as usual, the crypto market is in a bullrun phase as it nears the end of the year, but no one knows if altcoins will provide many surprises such as price increases when Bitcoin prices start to fall, current price increases due to Bitcoin prices and new investors starting to trade, season the heat is always positive in the crypto space, you can see every yearly chart at CMC and the situation keeps happening every year.

onecall123

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Quote from: vabchgent on August 10, 2021, 04:48:25 PM

Despite the bad news about the infrastructure bill and all the uncertainty that is circulating for cryptocurrencies, the market holds incredibly strong and even makes gains. This alone is good news enough to cover the bad news that popped up in a lot of outlets and online media. Everyone expected a harder crash also with the hack of Polygon, which was massive, but no, coins are performing well.

In my opinion, Polygon (MATIC) is the prior choice I have, as well as the rest of us. Everyone wants it to stay up and this one doesn't suffer too much. In a very brief period of time, I experienced a huge increase in my portfolio. Is this a sign that Polygon was hacked? Leaving it aside, just trying to figure out what pumped. Anyone have any suggestions? From what I understand, it will just follow the same movements as Bitcoin and all the major altcoins.

Xampeuu

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Quote from: Clavulanic on August 10, 2021, 04:52:34 PM

Quote from: xizhnyak on July 27, 2021, 12:05:28 AM

Hello there,

What do you think about the altcoin season in summer and autumn?

There are a lot of factors telling us that BTC will grow much higher according to the fresh news:

Amazon,
Google,
Facebook
Tesla.

And a lot of other positive news for crypto.

Nevertheless this market is so speculative and unpredictable!

maybe you could give me your piece of advice and share your opinion about a situation on the market?

My advice for everyone here, we shouldn't lose hope while the altcoins market still struggles to and suffer during volatility stage. Though we experienced secral drop don't give up and someday we will be able to see our coins soaring at very profitable value. It takes time to develop a certain token price, with this our emotions will be challenged so much.

Sithara007

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Quote from: vabchgent on August 10, 2021, 04:48:25 PM

Despite the bad news about the infrastructure bill and all the uncertainty that is circulating for cryptocurrencies, the market holds incredibly strong and even makes gains. This alone is good news enough to cover the bad news that popped up in a lot of outlets and online media. Everyone expected a harder crash also with the hack of Polygon, which was massive, but no, coins are performing well.

Now the market knows how to react when a rumor surfaces regarding the government actions. Also, hacking of wallets happen every now and then, and what happened to Polygon was not unique. If they can't keep their coins secure, then it is their problem. Ideally such hacks should not have a major impact on the exchange rates of other coins. And there is one correction to your post. The victims were Poly Network, and they are different from Polygon (MATIC). Poly network is a Cross-Chain DeFi platform.

Clavulanic

sr. member

Activity: 714

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Quote from: xizhnyak on July 27, 2021, 12:05:28 AM

Hello there,

What do you think about the altcoin season in summer and autumn?

There are a lot of factors telling us that BTC will grow much higher according to the fresh news:

Amazon,
Google,
Facebook
Tesla.

And a lot of other positive news for crypto.

Nevertheless this market is so speculative and unpredictable!

maybe you could give me your piece of advice and share your opinion about a situation on the market?

My advice for everyone here, we shouldn't lose hope while the altcoins market still struggles to and suffer during volatility stage. Though we experienced secral drop don't give up and someday we will be able to see our coins soaring at very profitable value. It takes time to develop a certain token price, with this our emotions will be challenged so much.

vabchgent

sr. member

Activity: 840

Merit: 251

Despite the bad news about the infrastructure bill and all the uncertainty that is circulating for cryptocurrencies, the market holds incredibly strong and even makes gains. This alone is good news enough to cover the bad news that popped up in a lot of outlets and online media. Everyone expected a harder crash also with the hack of Polygon, which was massive, but no, coins are performing well.

Yamifoud

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Quote from: Cvetik56 on August 09, 2021, 09:09:44 AM

It definitely started. ETH went up to $3K and more and some others are rising. We definitely will see the rise for the whole August but what's gonna be next is hard to tell.

They are in hype for some reason and that was because of the hard fork that happens to ETH. It was likely seeing almost all altcoins are in the pump but it wasn't meant we are in the altcoins season, maybe we could say this if the market trend will keep even just a week but if not, this is just to conclude that it was only a manipulated trend.
Well, most of the time the market makes some good increase in the 3rd quarter. Maybe we are just repeating what happens in the previous years but have to remind everyone, don't get caught with the ball trap. Many had become a victim to this, just to be carefull.

freedomgo

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Quote from: ?? on ??

Quote from: Dragonfund on August 08, 2021, 11:40:32 PM

I was has the same idea thinking anytime that the market green in every bull rum cycle, there will be a time when everyone will sell off and we have to start over again but looking at things critically, I don't think that will happen soon even though now that we have lots of shitcoins shouting they are revolutionizing traditional systems, funny right.
Whatever I see in this market, I'm ready to ride it fully.

Bull rum cycle huh. Have to tell us what you're drinking:)

The sell off actually already started for a lot of defi coins and memecoins (look at DOGE, 1100 satoshi to barely 500 satoshi now even after Bitcoin pump and recent Elon hype pump).

So if you haven't let go of shitbags now, you're about to say goodbye to everything.

Shitbags does not have long term success, they are only good at short term because of hype, but eventually, they'll dump and will be forgotten, so it's not good to play long term on projects that has no potential, I agree DOGE is not a good project to hold, and Elon will eventually stop shilling it.

IMO, the bull run has happened already and what we are seeing is not anymore a bull run but just a short term bounce back, and we can never guarantee that the uptrend will continue, as it could be a trap as well.

Cvetik56

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It definitely started. ETH went up to $3K and more and some others are rising. We definitely will see the rise for the whole August but what's gonna be next is hard to tell.

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